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These two REITs focus mainly on retail shopping malls, which adds risk. However, their high-quality properties continue to attract new tenants and help retain existing ones. As a result, both REITs recently raised their distributions.
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol REI.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 300.5 million; Market cap: $5.4 billion; Dividend yield: 6.2%; Dividend Sustainability Rating: Average; www.riocan.com) owns all or part of 188 shopping centres and other properties across Canada, including nine under development, three of which are 100% owned, while the other six are co-owned....
AUTOMOTIVE PROPERTIES REIT $10 (Toronto symbol APR.UN; Units outstanding: 39.7 million; Market cap: $397.0 million; Dividend yield: 8.0%; www.automotivereit.ca) is a real estate investment trust that owns 77 commercial properties across cities in Ontario, Saskatchewan, Manitoba, Alberta, B.C....
In May 2018, Choice Properties REIT acquired Canadian REIT (old symbol REF.UN) for $1.85 billion in cash and 182.8 million units. The merger helped diversify its operations with 209 industrial and office properties.
Choice has since sold its office properties to focus on retail stores and warehouses....
Choice has since sold its office properties to focus on retail stores and warehouses....
You Can See Our WSSF Aggressive-Growth Portfolio For May Here.
We designed our TSINetwork Ratings to give you an idea of the investment quality and risk in s...
GEN DIGITAL INC. $21 (www.gendigital.com) is a buy. The company is the parent company for several cybersecurity-related brands including Norton, LifeLock, and Avast....
Medical device maker Baxter will soon spin off its kidney care business as a separate firm. That should help unlock some of its value, in part because the stock market finds it easier to value “pure-play” firms that focus on a single business. Longer-term, the new Baxter should also benefit from an aging population and the shift to tele-medicine.
BAXTER INTERNATIONAL INC....
BAXTER INTERNATIONAL INC....
NORDSTROM INC. $19 remains a hold. The company (New York symbol JWN; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 160.1 million; Market cap: $3.0 billion; Price-to-sales ratio: 0.2; Dividend yield: 4.0%; TSINetwork Rating: Extra Risk; www.nordstrom.com) owns and operates 359 department stores in the U.S....
NEWELL BRANDS INC. $7.04 remains a hold. The company (Nasdaq symbol NWL; Aggressive Growth and Income Portfolios, Consumer sector; Shares outstanding: 414.3 million; Market cap: $2.9 billion; Price-to-sales ratio: 0.4; Dividend yield: 4.0%; TSINetwork Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as PaperMate pens, Elmer’s glue, Rubbermaid food containers, Graco baby strollers, Coleman camping gear and Oster kitchen appliances.
Under a new restructuring plan, Newell is shifting its focus to its most-profitable 25 brands and top 10 countries, which represent about 90% of sales....
FAIR ISAAC CORP. $1,193 remains a buy for highly aggressive investors. The company (New York symbol FICO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 24.9 million; Market cap: $29.7 billion; Price-to-sales ratio: 19.4; Dividend suspended June 2017; TSINetwork Rating: Average; www.fico.com) spends a high 11% on developing new products.
Thanks to those investments, the company recently launched its FICO Score 10 T scoring model....
J.P. Morgan’s shares are up 12% since the start of 2024, while Wells Fargo has gained 24%. That’s largely because higher interest rates have increased their revenue. At the same time, loan provisions remain low in relation to their loan portfolios. Moreover, both stocks continue to trade at attractive multiples to their earnings.
J.P....