Updating your Aggressive stocks: Restaurant Brands, Shawcor, & Transcontinental

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC. $74 (www.rbi.com) is a buy. The company has cut off support for operations in Russia. However, the franchised operators of 800 Burger King locations in that country have refused to close those outlets. Due to longstanding legal agreements, the company has little control over its franchisees in Russia. However, it will redirect its earnings from those outlets towards humanitarian efforts supporting Ukrainian refugees. It will also stop further investments in Russia. Restaurant Brands remains a buy. SHAWCOR LTD. $5.07 (www.shawcor.com) remains a buy. The company makes sealants and coatings that keep oil and gas pipelines from rusting. It also manufactures industrial products, such as electrical wire and protective sheaths, as well as fiberglass-reinforced plastic underground tanks to store fuel and wastewater. Earnings will probably total just $0.05 a share in 2022, but could improve to $0.52 in 2023 as rising oil and natural gas prices prompt producers to start up new projects. The stock trades at just 9.8 times the 2023 forecast. ShawCor is a..