Big acquisition cuts Transcontinental’s risk

TRANSCONTINENTAL INC. $15 (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares o/s: 87.3 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.9%; TSINetwork Rating: Average; www.tctranscontinental.com) completed its $1.7 billion acquisition of Chicago-based Coveris Americas in May 2018. That firm makes plastic packaging for… Read More

Latest purchase should pay off

TRANSCONTINENTAL INC. $17 (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares o/s: 87.3 million; Market cap: $1.5 billion; Price-to-sales ratio: 0.5; Dividend yield: 5.2%; TSINetwork Rating: Average; www.tctranscontinental.com) completed its $1.7 billion acquisition of Chicago-based Coveris Americas in May 2018. That firm makes plastic packaging for… Read More