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PROCTER & GAMBLE CO. $179 is a buy. The company (New York symbol PG; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 2.4 billion; Market cap: $429.6 billion; Price-to-sales ratio: 5.3; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.pg.com) is the world’s largest maker of household and personal-care goods....
We continue to recommend investors diversify their Finance sector holdings beyond the big banks by holding high-quality non-bank firms such as the three below.
Each is a a leader in its niche industry, which cuts your risk. As well, despite recent share price gains, all three still trade at attractive multiples to their earnings.
AMERICAN EXPRESS CO....
Each is a a leader in its niche industry, which cuts your risk. As well, despite recent share price gains, all three still trade at attractive multiples to their earnings.
AMERICAN EXPRESS CO....
AGILENT TECHNOLOGIES INC. $138 is a buy. The company (New York symbol A; Aggressive Growth Portfolio, Manufacturing sector; Shares outstanding: 285.2 million; Market cap: $39.4 billion; Price-to-sales ratio: 6.0; Dividend yield: 0.7%; TSINetwork Rating: Average; www.agilent.com) makes specialized testing equipment for medical research laboratories and industrial clients.
In September 2024, the firm paid $925 million for Biovectra, a Canadian business that helps drug developers research and manufacture their products.
That purchase helped lift Agilent’s revenue in its fiscal 2024 fourth quarter, ended October 31, 2024, by 0.8%, to $1.70 billion from $1.69 billion a year earlier....
In September 2024, the firm paid $925 million for Biovectra, a Canadian business that helps drug developers research and manufacture their products.
That purchase helped lift Agilent’s revenue in its fiscal 2024 fourth quarter, ended October 31, 2024, by 0.8%, to $1.70 billion from $1.69 billion a year earlier....
Legacy tech firm IBM has gained 47% in the past year, mainly due to investor enthusiasm for its artificial intelligence (AI) software. The company has a long history with AI; in fact, in 2011, IBM’s Watson supercomputer beat human contestants on the Jeopardy game show.
The company is also benefiting as more businesses shift their computing operations to cloud-based platforms.
We feel IBM still has lots of room to move even higher over the next few years....
You Can See Our Conservative-Growth Dividend Payer Portfolio for December 2024 Here.
You can’t fake a record of dividends....
STANLEY BLACK & DECKER INC. $90 is a buy. The company (New York symbol SWK; Conservative Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 154.2 million; Market cap: $13.9 billion; Dividend yield: 3.6%; Dividend Sustainability Rating: Above Average; www.stanleyblackanddecker.com) is one of the world’s largest makers of hand and power tools.
With the September 2024 payment, Stanley raised your quarterly dividend by 1.2%, to $0.82 a share from $0.81....
With the September 2024 payment, Stanley raised your quarterly dividend by 1.2%, to $0.82 a share from $0.81....
Consumer-products-giant Procter & Gamble continues to benefit from its 2014 plan to unload about 100 of its slower-growing products and focus on a more manageable 65 brands. Its strong commitment to improving quality also helps it compete with cheaper generic brands and drive its earnings higher....
POWER CORP. OF CANADA $47 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 646.3 million; Market cap: $30.4 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West Lifeco (insurance) and IGM Financial (mutual funds)....
MOLSON COORS CANADA INC. is a hold. The brewer (Toronto symbols TPX.A $89 and TPX.B $87; Conservative Growth Payer Portfolio, Consumer sector; Shares o/s: 206.0 million; Market cap: $17.9 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Average; www.molsoncoors.com) last raised your quarterly dividend with the March 2024 payment by 7.3%, to $0.44 U.S....
NORTH WEST COMPANY $52 is a buy. This retailer (Toronto symbol NWC; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 47.7 million; Market cap: $2.5 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.northwest.ca) sells food and everyday products and services at 229 stores, mainly in northern communities across Canada, as well as in Alaska, the South Pacific and the Caribbean.
With the October 2024 payment, North West raised your quarterly dividend by 2.6%....
With the October 2024 payment, North West raised your quarterly dividend by 2.6%....