We first recommended video chip specialist Nvidia in the July 2002 issue of our Wall Street Stock Forecaster newsletter. At the time, we liked how it dominated the market for personal computer video cards—players need to frequently upgrade or replace those computer chips to play the latest video games.

Over the years, Nvidia has adapted its video chips to handle other uses such as powering self-driving cars....

SUNCOR ENERGY INC., $41.96, Toronto symbol SU, is a buy.

The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,590 Petro-Canada gas stations.

Suncor is part of a joint venture that is building a facility near Montreal, called Varennes Carbon Recycling, that will convert wood and other waste materials into biofuels and other chemicals....

CINTAS CORP., $462.68, Nasdaq symbol CTAS, remains a buy for aggressive investors.

The company designs and makes uniforms, then sells them to businesses, mainly in North America. It also offers related products and services such as office-cleaning and first-aid kits.

Cintas continues to benefit as more businesses, particularly airlines and hotels, re-open....

CANADIAN TIRE CORP., $176.37, Toronto symbol CTC.A, is a top pick for 2023.

Investors benefit from the company’s 504 Canadian Tire stores. They sell automotive parts and services, and household and sporting goods; franchisees run most of the locations....

CHIPOTLE MEXICAN GRILL INC., $1,708.29, is a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.

Last year, Chipotle created a new venture fund, Cultivate Next, which is aimed at providing early-stage investments to companies that align with its own mission....

SABRE CORP., $4.29, symbol SABR on Nasdaq, provides technology to the global travel and tourism industry.

Its software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage their critical operations....

We designed our TSINetwork Ratings to give you an idea of the investment...

SHERWIN-WILLIAMS CO. $215 (www.sherwin-williams.com) remains a hold. The company is a leading maker of paints and varnishes. Due to rising interest rates, which will slow sales of existing homes, and rising labour costs, the company expects its earnings will decline from $8.73 a share in 2022 to between $7.95 and $8.65 a share in 2023....

Becton Dickinson’s shares are down 6% in the past year, mainly due to falling demand for its COVID-19 testing kits as the pandemic eases. However, the company continues to launch new products, which should fuel its growth for many years to come.


BECTON DICKINSON & CO....

SNAP-ON INC. $239 is a hold. The company (New York symbol SNA; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 53.1 million; Market cap: $10.5 billion; Price-to-sales ratio: 2.3; Dividend yield: 2.9%; TSINetwork Rating: Average; www.snapon.com) continues to see strong demand from independent garage operators for its tools as rising interest rates and inflation prompt more people to fix their older cars instead of buying new ones.


In the fourth quarter of 2022, Snap-On’s revenue (excluding financial services) rose 4.3%, to $1.16 billion from $1.11 billion a year earlier....