Topics

Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns, or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations.


Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use:


BROADRIDGE FINANCIAL SOLUTIONS, $219.23, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 116.9 million; Market cap: $25.6 billion; Yield: 1.6%) is now using AI to improve its software products....
CORTEVA INC., $58.95, is a buy. The company (www.corteva.com; New York symbol CTVA; TSINetwork Rating: Extra Risk) (Shares o/s: 692.2 million; Market cap: $40.8 billion; Dividend yield: 1.2%) will now collaborate with Pairwise, a technology company aiming to pioneer the application of gene editing in food and agriculture.


Gene editing uses a plant’s own DNA to make precise improvements, providing growers with another tool to keep pace with the challenges facing food production, including those presented by climate change....
Oil and gas stocks moved up as the U.S. and other economies recovered after the pandemic. The war in Ukraine also spurred prices. Prices have softened lately on fears of slower global economies, but we still recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio....
Stock buybacks reduce the total number of shares outstanding. That boosts earnings per share since profit is then divided among fewer shares. The higher per-share earnings make the stock more attractive to investors and help to increase share prices.


RESTAURANT BRANDS INTERNATIONAL, $72.12, is a buy. The company (New York symbol QSR; TSI Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $32.4 billion; Dividend yield: 3.2%) gives you exposure to the world’s third-largest fast-food operator....
REGENERON PHARMACEUTICALS, $1,007.96, is a buy. The company (Nasdaq symbol REGN; TSINetwork Rating: Average) (www.regeneron.com; Shares outstanding: 108.4 million; Market cap: $111.1 billion; No dividends paid) avoids costly acquisitions to spur growth....

During the pandemic, Domino’s Pizza implemented savvy strategies to support its businesses—strategies that are still paying off. The stock took a dip in July 2024 on a slower growth forecast, but going forward, we think the stock is well-positioned to capitalize on its popular offerings to keep attracting customers. We recommend this stock as a Power Buy.


DOMINO’S PIZZA, $428.36 (New York symbol DPZ; TSINetwork Rating: Average) (www.dominos.com; Shares outstanding: 34.5 million; Market cap: $14.8 billion; Dividend yield: 1.4%), gives you exposure to the world’s largest chain of pizza stores offering takeout and delivery....
A: When a company splits its shares, it is simply cutting itself up into a different number of pieces, without changing its fundamental value. It simply wants its stock to trade in a price-per-share range that seems reasonable to investors.

Mechanics of a split: If a stock’s price rises much beyond $50 a share in Canada (or $100 a share in the U.S.), some investors may shun it since it seems expensive....
A: Linde plc, $481.26, symbol LIN on Nasdaq (Shares outstanding: 477.5 million; Market cap: $229.5 billion; www.linde.com), is the largest industrial gas company in the world.

Linde was created by the merger of Praxair Inc....
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in August 2024:

“In July 2024, I commented in our weekly Inner Circle Question & Answer Report that a lot of changes are now going on in the world, particularly in U.S....
DEFINITY FINANCIAL CORP., $54.14, symbol DFY on Toronto, is the name for the holding company of Economical Insurance, Family Insurance Solutions, Petline Insurance, and Sonnet Insurance. It is one of the country’s leading property and casualty insurance companies.

Definity was created as part of Economical Insurance’s demutualization plan to convert from a mutual insurance company owned by its policyholders to a company owned by shareholders.

On November 17, 2021, the holding company went public, selling shares of its stock at $22 each.

At the same time as its IPO, Definity closed private share placements with HOOPP (Healthcare of Ontario Pension Plan) and Swiss Re Investments Holding Company....