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Mondelez’s sales have suffered lately as consumers moved to cut their spending in response to elevated inflation and interest rates. However, the company’s top brands are not losing ground to private label products. Its sales volumes should continue to improve as inflation continues to ease....
VIATRIS INC. $11 is a hold. The company (New York symbol VTRS; Income Portfolio, Manufacturing sector; Shares outstanding: 1.2 billion; Market cap: $13.2 billion; Price-to-sales ratio: 0.9; Dividend yield: 4.4%; TSINetwork Rating: Average; www.viatris.com) merged its biosimilars drug business with India’s Biocon Biologics in 2022....
BECTON DICKINSON & CO. $235 is a buy. The medical device maker (New York symbol BDX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 289.0 million; Market cap: $67.9 billion; Price-to-sales ratio: 3.5; Dividend yield: 1.6%; TSINetwork Rating: Above Average; www.bd.com) recently acquired the Critical Care product group of Edwards Lifesciences Corp....
AT&T INC. $22 is a buy. The company (New York symbol T; Income Portfolio, Utilities sector; Shares outstanding: 7.1 billion; Market cap: $156.2 billion; Price-to-sales ratio: 1.3; Dividend yield: 5.0%; TSINetwork Rating: Average; www.att.com) is the largest wireless (cellphone) carrier in the U.S., with 115.4 million subscribers (excluding mobile devices such as tablets)....
Aircraft maker Boeing has had to slow production of some of its planes due to a strike by machinists at its main plants. That will probably slow earnings growth at both of these suppliers. Their high p/e’s also add risk.
GENERAL ELECTRIC CO. $189 is a hold. The company (New York symbol GE; Conservative Growth Portfolio, Manufacturing sector; Shares o/s: 1.1 billion; Market cap: $207.9 billion; Price-to-sales ratio: 3.0; Dividend yield: 0.6%; TSINetwork Rating: Average; www.geaerospace.com) recently spun off subsidiaries GE HealthCare (X-ray equipment, MRIs and ultrasound scanners) and GE Vernova (equipment for power plants and renewable energy projects) as separate companies.
The remaining firm now operates as GE Aerospace....
GENERAL ELECTRIC CO. $189 is a hold. The company (New York symbol GE; Conservative Growth Portfolio, Manufacturing sector; Shares o/s: 1.1 billion; Market cap: $207.9 billion; Price-to-sales ratio: 3.0; Dividend yield: 0.6%; TSINetwork Rating: Average; www.geaerospace.com) recently spun off subsidiaries GE HealthCare (X-ray equipment, MRIs and ultrasound scanners) and GE Vernova (equipment for power plants and renewable energy projects) as separate companies.
The remaining firm now operates as GE Aerospace....
SONY GROUP CORP. ADRs $96 is a hold. The Japanese conglomerate (New York symbol SONY; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.3 billion; Market cap: $124.8 billion; Price-to-sales ratio: 1.3; Dividend yield: 0.6%; TSINetwork Rating: Average; www.sony.com) sold 2.4 million of PlayStation 5 video game consoles in its fiscal 2025 first quarter, ended June 30, 2024....
The shares of these two Japanese automakers are down from their recent highs. That’s mainly because the rising value of the Japanese yen in making their products more expensive in North America and other export markets. However, their new electric-powered vehicles improve their long-term prospects.
TOYOTA MOTOR CO....
PAYPAL HOLDINGS INC. $77 is a buy, but only for highly aggressive investors. The company (Nasdaq symbol PYPL; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 1.05 billion; Market cap: $80.9 billion; Price-to-sales ratio: 2.7; No dividends paid; TSINetwork Rating: Above Average; www.paypal.com) processes online transactions on millions of websites, including purchases made on the sites of its former parent company eBay Inc....
MOTOROLA SOLUTIONS INC. $450 is a buy. The company (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 166.8 million; Market cap: $75.1 billion; Price-to-sales ratio: 7.4; Dividend yield: 0.9%; TSINetwork Rating: Average; www.motorolasolutions.com) reported that revenue in the second quarter of 2024 rose 9.4%, to $2.63 billion from $2.40 billion a year earlier....
These three resources producers are making acquisitions and investing in big new projects. These moves help bolster their reserves and set them up for more growth in the next few years. For now, however, we prefer mining firms Alcoa and BHP over oil producer APA for your new buying.
APA CORP....
APA CORP....