Here are updates on two of our buys

Article Excerpt

Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month: CORTEVA INC., $46.73, is a buy. The company (New York symbol CTVA; TSINetwork Rating: Extra Risk) (www.corteva.com; Shares o/s: 704.7 million; Market cap: $32.6 billion; Dividend yield: 1.4%) reports that in the quarter ended September 30, 2023, revenue fell 6.7%, to $2.59 billion from $2.78 billion a year earlier. The decline was led by lower sales in North America and Europe. Excluding one-time items, Corteva lost $0.45 in the latest quarter. That’s compared to a year-earlier loss of $0.46. Corteva’s sales and earnings are generally strongest in the first half of the calendar year, which aligns with the planting and growing season of the northern hemisphere. The company raised its quarterly dividend by 6.7% with the September 2023 payment, to $0.16 from $0.15. The stock now yields…