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You should remain wary of stocks that attract broker/media praise for their high-profile products and their business models. Here’s an example of a stock to avoid:
SPIN MASTER CORP., $33.31, (Toronto symbol TOY; TSINetwork Rating: Extra Risk) (www.spinmaster.com; Shares o/s: 32.3 million; Market cap: $3.4 billion; Dividend yield: 0.7%) designs and markets children’s toys, games and puzzles....
SPIN MASTER CORP., $33.31, (Toronto symbol TOY; TSINetwork Rating: Extra Risk) (www.spinmaster.com; Shares o/s: 32.3 million; Market cap: $3.4 billion; Dividend yield: 0.7%) designs and markets children’s toys, games and puzzles....
The coronavirus pandemic forced the cancellation of most vacation plans. However, the reopening of the economy has spurred strong demand for travel—and both Wyndham, and Travel + Leisure should benefit from that surge. We see each as a buy.
WYNDHAM HOTELS & RESORTS, $71.33, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares o/s: 88.3 million; Market cap: $6.4 billion; Dividend yield: 1.8%) is the world’s largest hotel franchiser, with 836,000 rooms spread across 9,100 hotels in more than 95 countries....
WYNDHAM HOTELS & RESORTS, $71.33, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares o/s: 88.3 million; Market cap: $6.4 billion; Dividend yield: 1.8%) is the world’s largest hotel franchiser, with 836,000 rooms spread across 9,100 hotels in more than 95 countries....
Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for investors. Here are two buys that stand out this month:
CALIAN GROUP, $66.52, is a buy. The company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.6 million; Market cap: $759.5 million; Dividend yield: 1.7%) lets investors benefit from its four operating segments: Advanced Technologies; Health; Learning; and Information Technology & Cyber Solutions.
Ottawa-based Calian’s focus on secure Canadian government contracts continues to pay off in a big way.
In the three months ended September 30, 2022, revenue rose 25.8%, to a record $160.6 million from $127.6 million a year earlier....
CALIAN GROUP, $66.52, is a buy. The company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares outstanding: 11.6 million; Market cap: $759.5 million; Dividend yield: 1.7%) lets investors benefit from its four operating segments: Advanced Technologies; Health; Learning; and Information Technology & Cyber Solutions.
Ottawa-based Calian’s focus on secure Canadian government contracts continues to pay off in a big way.
In the three months ended September 30, 2022, revenue rose 25.8%, to a record $160.6 million from $127.6 million a year earlier....
WALT DISNEY CO., $94.15, is a buy. The company (New York symbol DIS; TSINetwork Rating: Above Average) (www.disney.com; Shares o/s: 1.8 billion; Market cap: $172.7 billion; No dividend) has replaced its chief executive Bob Chapek with Robert Iger, the former chairman and CEO who left the company at the end of last year....
Corteva’s outlook remains positive, along with its industry fundamentals. Those bright prospects are supported by rising long-term demand for agricultural products. In addition, farmers will continue to seek improved crop quality and higher yields, which ought to increase demand for Corteva’s seed and crop protection markets. It’s a Power Buy.
CORTEVA INC., $61.70, is a buy. The company (www.corteva.com; New York symbol CTVA; TSINetwork Rating: Extra Risk) (Shares o/s: 714.5 million; Market cap: $44.8 billion; Dividend yield: 1.0%) has now agreed to buy biologicals firm Stoller Group for $1.2 billion to accelerate its expansion into the growing market for nature-based crop protection products.
Stoller is a privately held, Houston-based company with operations and sales in more than 60 countries and $400 million in annual revenue....
CORTEVA INC., $61.70, is a buy. The company (www.corteva.com; New York symbol CTVA; TSINetwork Rating: Extra Risk) (Shares o/s: 714.5 million; Market cap: $44.8 billion; Dividend yield: 1.0%) has now agreed to buy biologicals firm Stoller Group for $1.2 billion to accelerate its expansion into the growing market for nature-based crop protection products.
Stoller is a privately held, Houston-based company with operations and sales in more than 60 countries and $400 million in annual revenue....
PagerDuty and Twilio were well positioned to gain during the pandemic—but since mid-2021 have dropped along with most other tech/platform stocks. Still, we think both have room to rebound as their services continue to experience strong—and growing —demand. Both are buys.
PAGERDUTY INC., $26.07, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares outstanding: 90.0 million; Market cap: $2.3 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.
For the three months ended October 31, 2022, revenue rose 31.3%, to $94.2 million from $71.8 million a year earlier....
PAGERDUTY INC., $26.07, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares outstanding: 90.0 million; Market cap: $2.3 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations.
For the three months ended October 31, 2022, revenue rose 31.3%, to $94.2 million from $71.8 million a year earlier....
This week we present a Spotlight Report on a stock that has already spun off some profitable spinoffs and may do more in the future.
Danaher is a great example of how a company can unlock value for shareholders by “spinning off” businesses....
Danaher is a great example of how a company can unlock value for shareholders by “spinning off” businesses....
UIPATH INC., $12.95, symbol PATH on New York, offers a robotic automation platform that utilizes artificial intelligence (AI) to help reduce the amount of manual work done by a company’s employees.
UiPath’s platform automates work by emulating human behaviour....
UiPath’s platform automates work by emulating human behaviour....
ALTAGAS LTD., $24.50, is still a buy. The company (symbol ALA on Toronto) processes, transports, stores and markets natural gas for producers. It also operates natural gas utilities and is a power generator, with gas-fired, coal-fired, wind, biomass and hydroelectric plants.
Almost all of AltaGas’ assets are now in the U.S....
Almost all of AltaGas’ assets are now in the U.S....
ROYAL BANK OF CANADA, $130.91, Toronto symbol RY, is a buy.
The bank is raising its quarterly dividend by 3.1%. Starting with the February 2023 payment, investors will receive $1.32 a share instead of $1.28. The new annual rate of $5.28 yields a solid 4.0%.
Royal has also agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....
The bank is raising its quarterly dividend by 3.1%. Starting with the February 2023 payment, investors will receive $1.32 a share instead of $1.28. The new annual rate of $5.28 yields a solid 4.0%.
Royal has also agreed to pay $13.5 billion in cash for the Canadian operations of U.K.-based HSBC Holdings plc (New York symbol HSBC)....