BIRCHCLIFF ENERGY LTD., $9.97, is a buy for aggressive investors. The company (symbol BIR on Toronto) develops and produces oil and gas, mainly in the Peace River Arch area of both Alberta and B.C. Its average output of 73,746 barrels of oil equivalent per day… Read More
ADT INC., $8.39, is a buy. The company (symbol ADT on New York) is a leading provider of monitored security products and services to residential and commercial customers in the U.S. It has more than six million residential and small business customers.
The company sells security… Read More
Q: Pat, you’ve written about some medical device makers recently. What do you think about Stryker Corp.? Thanks for your great advice in these trying times.
A: Stryker Corporation, $211.59, symbol SYK on New York (Shares outstanding: 375.6 million; Market cap: $79.5 billion; www.stryker.com), is one of the world’s leading medical technology companies. The firm is based in Kalamazoo, Michigan.
Stryker’s investors benefit from its three business segments:
The Orthopaedics segment (32% of… Read More
LIVE NATION ENTERTAINMENT INC., $41.96, symbol LYV on New York, is the world’s leading live entertainment company. Its brands include Ticketmaster, Live Nation Concerts, and Live Nation Media & Sponsorship.
Live entertainment companies such as Live Nation have been hit hard by the coronavirus. That has… Read More
CVR ENERGY INC., $31.09, symbol CVI on New York, is a holding company that owns 81% of CVR Refining LP (symbol CVRR on New York), a refiner of oil, and 34% of CVR Partners LP (symbol UAN on New York), a producer of nitrogen fertilizer… Read More
CANADIAN PACIFIC RAILWAY LTD., $75.67, Toronto symbol CP, is starting to benefit from its recent efficiency improvements. As well, more of its trains are running on time, thanks to the warmer-than-usual winter.
In the three months ended March 31, 2012, CP’s average train speed rose 27%… Read More
INTERNATIONAL BUSINESS MACHINES CORP., $162.43, New York symbol IBM, hit a new all-time high of $167.72 this week after the company confirmed its goal to double its earnings and add $20 billion to its annual sales of $100 billion by 2015.
A big part of this… Read More
ALIMENTATION COUCHE-TARD $23.22 (Toronto symbol ATD.B: SI Rating: Extra Risk) (1-800-361-2612; www.couche-tard.com; Shares outstanding: 183.6 million; Market cap: $4.3 billion; Dividend yield: 0.7%) has dropped its $2-billion U.S. hostile takeover bid for Casey’s General Stores (symbol CASY on Nasdaq).
Couche-Tard allowed its tender offer for all… Read More
ALIMENTATION COUCHE-TARD INC., $22.47, symbol ATD.B on Toronto, has dropped its $2-billion U.S. hostile takeover bid for Casey’s General Stores (symbol CASY on Nasdaq).
Couche-Tard allowed its tender offer for all of Casey’s outstanding shares to expire at 5:00 p.m. on September 30. Couche-Tard, which was… Read More
ENCANA CORP., $32.22, Toronto symbol ECA, fell 4% after the company reported lower-than-expected earnings.
In the three months ended June 30, 2010, Encana earned $81 million, or $0.11 a share (all amounts except share price in U.S. dollars). These figures exclude a $340-million loss on hedging… Read More