value

Intact Financial Corp. generated 6.2% higher revenues and 20.7% higher earnings as it continues to rake in higher premiums and make the most of recent acquisitions.
2024 is the third year in a row that we’ve made McDonald’s our top Conservative buy. The stock is down 15% since the start of the year, but we continue to see the company’s prospects as bright.


McDonald’s is also doing a good job adjusting to changing economic conditions....
On July 1, 2015, due to pressure from billionaire activist investor Carl Icahn, online auction firm eBay split off its electronic-payment business, PayPal, as a separate firm. Investors received one PayPal share for each eBay share they held.

After the spinoff, eBay rose from a low of $25 in 2015/2016, to a peak of $81 in 2021....
LEIDOS HOLDINGS INC., $149.94, symbol LDOS on New York, provides software and technology services to three main groups: Defence and Intelligence; Civilian; and Health (commercial hospitals and the U.S. Department of Defense).

The company has four operating segments: National Security & Digital (45% of revenue), Health & Civil (30%), Commercial & International (13%), and Defense Systems (12%).

On June 13, 2024, Leidos announced a $738 million follow-on contract with the U.S....
ARDENT HEALTH PARTNERS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol ARDT.


The company is the fourth-largest privately held, for-profit operator of hospitals and care services in the U.S....

A key reason why spinoffs tend to work out well is because investors prefer “pure-play” firms that they can more easily evaluate and compare to other stocks.


Iconic food maker Maple Leaf Foods now plans to set up its less-profitable hog processing business as a separate, publicly traded firm....
INTERNATIONAL BUSINESS MACHINES CORP., $182.77, New York symbol IBM, is a top pick for 2024.

The company is one of the world’s largest computer firms, with operations in over 175 countries.

With the June 2024 payment, IBM raised your quarterly dividend by 0.6%, to $1.67 a share from $1.66....
CONAGRA BRANDS INC., $28.35, New York symbol CAG, is still a buy for long-term gains.

Through your shares, you tap the maker of some of North America’s most popular food brands. They include Chef Boyardee canned pasta, Hunt’s tomato sauce, Birds Eye frozen meals, Orville Redenbacher popcorn and Reddi-wip whipped cream.

The company reported weaker-than-expected sales for its latest quarter, as cost-conscious consumers switch to cheaper alternatives....
TECK RESOURCES LTD., $69.23, Toronto symbol TECK.B, remains a buy.

The company is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces copper and zinc.

In November 2023, Teck agreed to sell its coal business, known as Elk Valley Resources (EVR).

In January 2024, Teck sold 23% of EVR to Japanese steel maker Nippon Steel Corp....
The Chinese real estate sector has been struggling since 2021. That’s when the authorities introduced measures to curb debt levels at large real estate development companies. Since then, more than 50 Chinese property developers have defaulted on their international debts....