In addition, Pat thinks then beginner investors should cultivate two important qualities: a healthy sense of skepticism and patience.
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Investors should approach all investments with a healthy sense of skepticism. This can help keep you out of fraudulent stocks that masquerade as high-quality stocks. It will also keep you out of legally operated, but poorly managed, companies that promise more than they can possibly deliver.
If you are a new investor, you should also realize that losing patience can cause you to sell your best choices right before a big rise. All too often, investors buy a promising stock just as it enters a period of price stagnation. Even the best-performing stocks run into these unpredictable phases from time to time. They move mainly sideways in a wide range for months or years before their next big rise begins. (Stock brokers often refer to these stocks as “dead money.”)
If you lack patience, you run a big risk of selling your best choices in the midst of one of these phases, prior to the next big move upward. If you lose patience and sell, you are particularly likely to do so in the low end of the trading range, when stock prices have weakened and confidence in the stock has waned.
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In June 2021, Goodyear acquired Cooper Tire & Rubber Co (symbol CTB on New York) for $2.8 billion....
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
Cisco last raised your quarterly dividend with the April 2023 payment....
The company is the world’s largest gold miner, with major mines in North America, South America, Australia, and Africa. In addition to gold, it also produces copper, silver, lead and zinc.
This week, Newcrest Mining Ltd....
The company owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Tampa Electric, which provides electricity to more than 765,000 customers. Its other interests include several power plants and natural gas pipelines in the U.S....
You Can See Our Current Power Recommendations For June 2023 here.
Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now....
You Can See Our Spinoff Stock Portfolio For June 2023 here.
Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:
1) The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.
2) Spinoffs involve a lot of work and legal fees....
Hypefine designed its Swoop portable MRI (magnetic resonance imaging) system to be wheeled directly to a patient’s bedside....
“ Yes, but what about World War III?
After Russia invaded Ukraine around this time last year, I began to wonder if there was any real risk that this marked the start of World War III.
After all, a lot of academics seemed to be writing about the Thucydides Trap (which I mentioned in our client letter last fall), based on what seemed like rising trade tension between the U.S....
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company also owns 35% of the 670-kilometre Coastal GasLink pipeline, which will pump natural gas from northeastern B.C....
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
The company now plans to build a new manufacturing facility in India as part of its strategy to diversify its supply chains in Asia.
Cisco has not yet said how much it will spend on this project, or when it will begin operating....