Here are updates on two of our new buys: Warner Music group and Merck & Co. Inc.

Article Excerpt

Long-time readers know that we are constantly keeping you up to date on important news about the stocks we cover. Part of that means spotlighting developments that promise to brighten the outlook for TSI Power Growth Investors. Here are two recent additions to the newsletter that stand out as buys this month: WARNER MUSIC GROUP $27.82, is a buy. Through your shares (Nasdaq symbol WMG; TSINetwork Rating: Average) (www.wmg.com; Shares outstanding: 70.0 million; Market cap: $14.5 billion; No dividends paid) you’re buying into one of the world’s leading music entertainment companies. Its record labels include Atlantic Records, Warner Records, and Elektra Records. Musicians selling under these labels include Bruno Mars, Lizzo, Ed Sheeran, Cardi B, Katy Perry, Madonna, Metallica, Neil Young and Led Zeppelin. Tencent Holdings has now acquired a 10.4% stake in Warner Music. As China’s biggest social network and online games company, Tencent (symbol TCEHY on the U.S. over-the-counter market) operates the popular WeChat mobile messaging application. The stock has its main listing…