Topic: How To Invest

The Successful Investor Hotline – Friday, May 2, 2025

Article Excerpt

THOMSON REUTERS CORP., $254.64, Toronto symbol TRI, is your #1 Conservative Buy for 2025. The company sells specialized information (mainly through electronic channels) to professionals in the legal, and tax and accounting fields. It also owns the Reuters news service. Despite the current economic uncertainty, demand for Thomson’s legal and tax information products remains steady. In the quarter ended March 31, 2025, revenue rose 0.8%, to $1.90 billion from $1.89 billion a year earlier (all amounts except share price in U.S. dollars). However, that missed the consensus forecast of $1.98 billion. If you factor out businesses that Thomson bought and sold, as well as currency rates, revenue improved 6% in the latest quarter. The company is also doing a good job signing up more subscribers and deepening its relationship with existing ones. In the quarter, recurring revenue rose 9%, and it now accounts for 76% of total revenue. Overall earnings before unusual items rose 0.9%, to $1.12 a share (or a total of $506 million) from…