Topics
WYNDHAM HOTELS & RESORTS, $70.14 (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 85.9 million; Market cap: $6.1 billion; Dividend yield: 2.0%) jumped recently on reports that Choice Hotels International (symbol CHH on New York) is seeking to buy the company. Both companies cater primarily to budget-conscious consumers on the road for leisure or extended work trips....
Demand for Major Drilling’s specialized services, especially from senior gold producers, including Australia’s largest mining companies, is now recovering. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to overall higher energy prices....
You should remain wary of stocks that attract broker/media praise for their 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:
ASCENT SOLAR TECHNOLOGIES, $0.12, (Nasdaq symbol ASTI; TSINetwork Rating: Speculative) (www.ascentsolar.com; Shares outstanding: 49.9 million; Market cap: $6.4 million; No dividends paid) provides thin-film solar panels for installations that don’t allow for a rigid product....
ASCENT SOLAR TECHNOLOGIES, $0.12, (Nasdaq symbol ASTI; TSINetwork Rating: Speculative) (www.ascentsolar.com; Shares outstanding: 49.9 million; Market cap: $6.4 million; No dividends paid) provides thin-film solar panels for installations that don’t allow for a rigid product....
Canada legalized cannabis over four years ago. While demand has been steady, stiff competition has cut selling prices significantly. Meanwhile, advertising restrictions and plain packaging rules make it hard to build brands that win customer loyalty. Still, we think some companies have a distinct edge—including their prospects for added sales in the U.S....
WELL HEALTH TECHNOLOGIES, $5.06, is a buy. The company (Toronto symbol WELL; TSINetwork Rating: Speculative) (www.well.company; Shares o/s: 229.1 million; Market cap: $1.2 billion; No dividends paid) is now buying five primary-care clinics in Calgary from MCI Onehealth Technologies for $2.0 million.
The acquisition will bring over 50 physicians into the WELL Health network, adding to the company’s over 3,000 providers across North America....
DraftKings soared during the pandemic, but has now given up most of those gains. We still like its competitive business model, which remains intact, and the affordable shares are especially attractive for new buying right now. The stock is a Power Buy.
DRAFTKINGS INC., $25.27, is a buy. The company (Nasdaq symbol DKNG; TSINetwork Rating: Extra Risk) (www.draftkings.com; Shares outstanding: 841.7 million; Market cap: $22.4 billion; No dividend) currently provides sports betting in several U.S....
DRAFTKINGS INC., $25.27, is a buy. The company (Nasdaq symbol DKNG; TSINetwork Rating: Extra Risk) (www.draftkings.com; Shares outstanding: 841.7 million; Market cap: $22.4 billion; No dividend) currently provides sports betting in several U.S....
The long-term outlook for North West Company and its investors remains positive. The outlook is particularly bright for its operations in the North, including Alaska, where the company holds a dominant market position. Meanwhile, the stock offers a high 4.5% yield.
NORTH WEST COMPANY, $34.06, is a buy. This retailer (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (www.northwest.ca; Shares outstanding: 47.8 million; Market cap: $1.6 billion; Dividend yield: 4.5%) sells food and everyday products and services through 222 stores....
NORTH WEST COMPANY, $34.06, is a buy. This retailer (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (www.northwest.ca; Shares outstanding: 47.8 million; Market cap: $1.6 billion; Dividend yield: 4.5%) sells food and everyday products and services through 222 stores....
ADOBE INC., $479.53, is a buy. The company (Nasdaq symbol ADBE; TSINetwork Rating: Average) (www.adobe.com; Shares outstanding: 458.7 million; Market cap: $219.7 billion; No dividends paid) is adding artificial intelligence (AI) technology to Photoshop—its flagship software for editing images—to enhance its capabilities.
The company says the move is the start of a major push to add AI across its suite of programs for creative professionals like graphic designers.
One new Photoshop feature will be called “Generative Fill,” which will let users extend the boundaries of cropped images with additional, AI-generated images....
The company says the move is the start of a major push to add AI across its suite of programs for creative professionals like graphic designers.
One new Photoshop feature will be called “Generative Fill,” which will let users extend the boundaries of cropped images with additional, AI-generated images....
Intact Financial is now close to its recent all-time high—and the shares are up a spectacular 361% 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 our subscribers.
INTACT FINANCIAL, $197.87, is a buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 175.3 million; Market cap: $34.6 billion; Dividend yield: 2.2%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....
INTACT FINANCIAL, $197.87, is a buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Average) (www.intactfc.com; Shares outstanding: 175.3 million; Market cap: $34.6 billion; Dividend yield: 2.2%) is Canada’s largest provider of property and casualty coverage: it insures more than five million individuals and businesses....
You Can See Our Spinoff Stock Portfolio for July 2023 Here.
Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:
1) The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.
2) Spinoffs involve a lot of work and legal fees....