Topic: How To Invest

Stock Pickers Digest Hotline – Friday, August 30, 2019

Article Excerpt

INTACT FINANCIAL CORP., $130.12, symbol IFC on Toronto, is Canada’s largest provider of property and casualty insurance. The company insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect. Intact has now agreed to buy Vancouver-based On Side Restoration. The 40-year-old company focused on building restoration after fire, flood, etc., has 35 branches with more than 1,200 employees across Canada. The deal is expected to close before October 1, 2019. Intact has yet to disclose the purchase price. On Side has served as an Intact vendor for some time. Intact believes that the purchase will strengthen its ability to provide claims expertise. It also sees room to grow the company, especially as extreme weather events become more frequent. OUR RECOMMENDATION: Intact Financial is a top pick for 2019. Intact Financial recent coverage: Hotline for August 23, 2019 Hotline for August 16, 2019 RESTAURANT BRANDS INTERNATIONAL INC., $78.45, symbol QSR on New York, is the world’s third-largest fast-food…

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