Buy these two stocks on the upswing

Article Excerpt

Long-time readers know that we keep you informed on important news about the stocks we cover. That means spotlighting developments that promise to brighten their outlook. Here are two that stand out as buys this month: CALIAN GROUP $62.75 is a buy. The Ottawa-based company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (www.calian.com; Shares outstanding: 9.7 million; Market cap: $621.9 million; Dividend yield: 1.8%) provides engineering and tech support mostly to government. It also sells hardware and software for testing, operating and managing satellite and other communication systems. The company has now agreed to buy privately held Tallysman Wireless for $24.5 million. Tallysman designs, makes and sells a very wide range of Global Navigation Satellite Systems, Iridium and Globalstar antennas and related products for a broad range of applications. They include precision reference systems, survey, timing, precision agriculture, unmanned and autonomous vehicles, marine and more. The company also produces cloud-based wireless tracking systems over two-way radio systems, for uses ranging from school buses to municipal public…

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