Topics
ROYAL BANK OF CANADA, $148.98, Toronto symbol RY, is a buy.

On March 28, 2024, Royal completed its purchase of the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC) for $15.5 billion.

HSBC operates 130 branches that mainly cater to businesses in industries that trade and bank internationally....

You Can See Our WSSF Income-Seeking Portfolio For June 2024 Here.


This month, we are updating our WSSF Portfolio for Income-Seeking Investors.


This portfolio is a good starting point for investors who need income....
AT&T INC. $17 (www.att.com) is a buy. In the quarter ended March 31, 2024, the telecom giant added 389,000 new cellphone subscribers under long-term contracts (net of cancellations)....
Yum Brands’ shares have doubled from their pandemic lows. That’s mainly because it continues to expand its popular online ordering platforms and home delivery services. The company also continues to open new outlets. Moreover, franchisees operate most of these stores, which cuts Yum’s costs and lets it focus on improving its prospects with new menu items and marketing initiatives.


YUM! BRANDS INC....

NEWMONT CORP. $42 is a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 1.15 billion; Market cap: $48.3 billion; Price-to-sales ratio: 3.0; Dividend yield: 2.4%; TSINetwork Rating: Average; www.newmont.com) acquired rival Newcrest Mining Ltd....
TERADATA CORP. $32 is still a hold. The company (New York symbol TDC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 96.7 million; Market cap: $3.1 billion; Price-to-sales ratio: 1.8; No dividend paid; TSINetwork Rating: Average; www.teradata.com) makes computers and software to capture and store large amounts of data for its clients—individual businesses....
BOEING CO. $172 remains a hold. The aircraft maker (New York symbol BA; Conservative Growth Portfolio, Manufacturing sector; Shares outstanding: 613.9 million; Market cap: $105.6 billion; Price-to-sales ratio: 1.4; Dividend suspended in June 2020; TSINetwork Rating: Extra Risk; www.boeing.com) delivered 83 commercial jetliners in the first quarter of 2024, down from 130 a year earlier....

These two utilities stocks are down this past year, as high interest rates hurt investors’ demand for high-yielding dividend stocks. While both stand to gain as it looks like rates will come down later this year, we feel Alliant is the better choice for your new buying due to its lower reliance on coal....

WARNER BROS. DISCOVERY INC. $7.66 is still a hold. The company (Nasdaq symbol WBD; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $18.4 billion; Price-to-sales ratio: 0.5; No dividend paid; TSINetwork Rating: Average; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc....
As investors prefer “pure-play” firms that focus on a single businesses, more companies are turning to spinoffs as a way to boost their value. For example, on April 1, 2024, 3M spun off its Health Care division as an independent firm called Solventum. Shareholders received one share of Solventum for every four shares they held....