SIX FLAGS ENTERTAINMENT CORP. $39 is a hold. The company (New York symbol SIX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 100.3 million; Market cap: $3.9 billion; Price-to-sales ratio: 1.1; No dividend paid; TSINetwork Rating: Average; www.sixflags.com) took its current form on July 1, 2024 when Cedar Fair L.P....

These three technology stocks continue to hit new highs due to investor enthusiasm for artificial intelligence and its ability to help businesses improve their efficiency and profits. We like the outlook for all three, but see just two as buys right now.


NVIDIA CORP....

DANAHER CORP. $256 remains a buy for aggressive investors. The company (New York symbol DHR; Aggressive Growth Portfolio; Manufacturing sector; Shares outstanding 722.2 million; Market cap: $184.9 billion; Price-to-sales ratio: 8.2; Dividend yield: 0.4%; TSINetwork Rating: Above Average; www.danaher.com) makes precision-testing equipment and tools for medical research labs and municipal water utilities.


In December 2023, the company acquired U.K.-based Abcam plc (Nasdaq symbol ABCM) for $5.7 billion....

As inflation eases in the wake of COVID-19 lockdowns and supply chain disruptions, the U.S. Federal Reserve recently cut its benchmark interest rate by 0.50%, to between 4.75% and 5.00%. It also looks likely that the Fed will continue to cut the rate in the next few months.


While lower rates will hurt the interest income these two banks receive, the cuts will also make it easier for borrowers to renew mortgages and other loans....

A: Empire Company Ltd., $40.37, symbol EMP.A on Toronto (Shares outstanding: 238.5 million; Market cap: $9.7 billion; www.empireco.ca), is primarily a food retailer and also invests in real estate.

The company operates through two segments: Food retailing, and Investments and other operations.

Empire’s Food retailing segment does business through its wholly owned Sobeys business....

A: The Global X Seasonal Rotation ETF, $31.08, symbol HAC on Toronto (Units outstanding: 7.0 million; Market cap: $217.6 million; www.globalx.ca), aims to tactically spread and move around its holdings between stocks, fixed-income investments, commodities and currencies based on historical seasonal trends.

The managers believe that investment markets follow these seasonal trends and so have seasonal rhythms....

Here’s Part Two of the letter I sent to our Portfolio Management clients in August 2024:

Modern bureaucrats at work

Max Planck (1858-1947) was a German theoretical physicist who originated quantum theory, for which he won the 1918 Nobel Prize....

MODINE MANUFACTURING CO., $132.79, symbol MOD on New York, provides thermal management products and solutions to customers in the commercial, industrial, and building heating, ventilating, air conditioning, and refrigeration (“HVAC&R”) markets. In addition, it provides engineered heat transfer systems and high-quality heat transfer components.

In the quarter ended June 30, 2024, the company’s revenue increased 6.3%, to $661.5 million from $622.4 million a year earlier....

TORONTO-DOMINION BANK, $77.84, Toronto symbol TD, remains a buy for patient, income-seeking investors.

With the January 2024 payment, TD raised your quarterly dividend by 6.3%. Investors now receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.2%.

The bank has agreed to pay a fine of $3.09 billion U.S....

BOEING CO., $154.99, New York symbol BA, is still a hold.

The aircraft maker now plans to raise new capital as it faces several challenges. Those include a strike by more than 33,000 machinists at its factories in the U.S. northwest, which began on September 13, 2024....