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Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:
ALTAGAS LTD., $30.45, is a buy. The utility (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca; Shares outstanding: 296.2 million; Market cap: $9.0 billion; Dividend yield: 3.9%) and partner Dutch tank storage company Royal Vopak have announced a positive final investment decision on the Ridley Island Energy Export Facility (REEF); that’s a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, B.C.
The facility is projected to cost $1.35 billion, excluding governmental incentives and support....
ALTAGAS LTD., $30.45, is a buy. The utility (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca; Shares outstanding: 296.2 million; Market cap: $9.0 billion; Dividend yield: 3.9%) and partner Dutch tank storage company Royal Vopak have announced a positive final investment decision on the Ridley Island Energy Export Facility (REEF); that’s a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, B.C.
The facility is projected to cost $1.35 billion, excluding governmental incentives and support....
BROADRIDGE FINANCIAL SOLUTIONS, $199.24, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 118.2 million; Market cap: $23.6 billion; Yield: 1.6%) has announced the acquisition of AdvisorTarget, a provider of data products to asset management and wealth Management firms....
Many traditional bricks-and-mortar retailers continue to struggle against the pandemic-spurred onslaught of online shopping and the impact of inflation on consumer spending. Still, we believe the unique markets of both TJX and North West offer you the possibility of strong gains ahead.
THE TJX COMPANIES, $110.26, (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.1 billion; Market cap: $124.6 billion; Yield: 1.4%), is a leading off-price retailer of clothing, accessories and home fashions....
THE TJX COMPANIES, $110.26, (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.1 billion; Market cap: $124.6 billion; Yield: 1.4%), is a leading off-price retailer of clothing, accessories and home fashions....
You should remain wary of stocks that attract broker/media attention because of high-profile products or services, and their business models. Here’s a closer look at one stock with risks that prospective investors should take into consideration:
HANESBRANDS INC., $4.98, (New York symbol HBI; TSINetwork Rating: Extra Risk) (hanes.comhanes.com; Shares o/s: 351.6 million; Market cap: $1.8 billion; No dividends paid) manufactures apparel such as t-shirts, underwear, bras, and sweatshirts under the Hanes, Champion, Maidenform, and Playtex brands....
HANESBRANDS INC., $4.98, (New York symbol HBI; TSINetwork Rating: Extra Risk) (hanes.comhanes.com; Shares o/s: 351.6 million; Market cap: $1.8 billion; No dividends paid) manufactures apparel such as t-shirts, underwear, bras, and sweatshirts under the Hanes, Champion, Maidenform, and Playtex brands....
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:
GEN DIGITAL INC., $23.56, is a buy. The company (Nasdaq symbol GEN; TSINetwork Rating: Extra Risk) (gendigital.com; Shares outstanding: 626.1 million; Market cap: $14.8 billion; Dividend yield: 2.1%) continues to add AI to its products....
RESTAURANT BRANDS INTERNATIONAL, $68.87, is a buy. The company (New York symbol QSR; TSI Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $31.0 billion; Dividend yield: 3.4%) has appointed Patrick Siewert as its Senior Advisor in the Asia-Pacific region....
This leading software firm’s shares recently jumped after it posted a bigger-than-expected jump in profits and sales in the latest quarter, and it raised its forecasts. That’s all on top of rising interest in its artificial intelligence products. That has prompted existing customers to spend more and has attracted new ones....
Merck continues to make savvy acquisitions to bolster its own research pipeline. That’s key to sustaining its growth going forward.
MERCK & CO. INC., $127.99, is a buy. The drugmaker (New York symbol MRK; TSINetwork Rating: Above Average) (www.merck.com; Shares o/s: 2.5 billion; Market cap: $324.2 billion; Yield: 2.4%), has just agreed to acquire privately held biotech EyeBio for as much as $3 billion....
MERCK & CO. INC., $127.99, is a buy. The drugmaker (New York symbol MRK; TSINetwork Rating: Above Average) (www.merck.com; Shares o/s: 2.5 billion; Market cap: $324.2 billion; Yield: 2.4%), has just agreed to acquire privately held biotech EyeBio for as much as $3 billion....
ELI LILLY & CO., $891.46, is still a buy. The company (New York symbol LLY; TSINetwork Rating: Above Average) (www.lilly.com; Shares o/s: 950.2 million; Market cap: $847.3 billion; Yield: 0.6%) has continued to hit new all-time highs as it moves one step closer to winning approval for its Donanemab Alzheimer’s drug.
The drug has now received support from a panel of experts who advise the U.S....
The drug has now received support from a panel of experts who advise the U.S....
Intact Financial is now close to its recent, all-time high—and the shares are up a spectacular 411% since we first recommended them at $42.95 in our April 2010 issue. We think this Power Buy is poised to keep moving even higher for you, our subscribers.
INTACT FINANCIAL, $219.30, is a Power Buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 178.3 million; Market cap: $39.1 billion; Dividend yield: 2.2%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....