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Once again, one of our buys has attracted an acquisition bid—and it’s just the latest of many takeover gains for us over the years.
1LIFE HEALTHCARE $17.13, is now a hold. The company (Nasdaq symbol ONEM; TSINetwork Rating: Extra Risk) (www.onemedical.com; Shares outstanding: 195.8 million; Market cap: $3.4 billion; No dividends paid) is currently the subject of an $18-a-share takeover offer from Amazon.
The deal marks a big expansion of Amazon’s push into healthcare, having piloted virtual care visits for its employees in Seattle in 2019....
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:
RUSSEL METALS, $27.65, is a buy. The company (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 63.1 million; Market cap: $1.8 billion; Dividend yield: 5.5%) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
In the three months ended June 30, 2022, Russel’s revenue jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....
RUSSEL METALS, $27.65, is a buy. The company (Toronto symbol RUS; TSINetwork Rating: Extra Risk) (www.russelmetals.com; Shares outstanding: 63.1 million; Market cap: $1.8 billion; Dividend yield: 5.5%) serves 33,000 clients at 48 locations in Canada and 16 others in the U.S.
In the three months ended June 30, 2022, Russel’s revenue jumped 27.5%, to $1.36 billion from $1.07 billion a year earlier....
CORTEVA INC., $59.23, is a #1 Power Buy for your 2022 investing. The company (www.corteva.com; New York symbol CTVA; TSINetwork Rating: Extra Risk) (Shares o/s: 718.6 million; Market cap: $44.1 billion; Dividend yield: 1.0%) is now preparing to lay off about 5% of its 21,000-person global workforce as part of the broader restructuring plan for this seed and pesticide maker.
Under that reorganization, Corteva will exit from about 35 countries to focus on 110 countries....
Under that reorganization, Corteva will exit from about 35 countries to focus on 110 countries....
Many traditional bricks-and-mortar retailers will continue to struggle against the COVID-spurred onslaught of online shopping. Some will even go out of business. But we believe TJX’s and North West’s unique business niches offer you the possibility of strong gains ahead.
THE TJX COMPANIES, $62.96, (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.2 billion; Market cap: $74.0 billion; Yield: 1.9%), is a leading off-price retailer of clothing, accessories and home fashions....
THE TJX COMPANIES, $62.96, (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.2 billion; Market cap: $74.0 billion; Yield: 1.9%), is a leading off-price retailer of clothing, accessories and home fashions....
The plunge for many tech investments since the start of this year has hit both high-growth stocks with strong prospects as well as others with weaker outlooks. That makes it all the more important to remain wary of companies whose prospects seem unlikely to match broker/media expectations....
First, the good news: widening cannabis legalization will eventually lead to some great business successes. The bad news is that only a few of the multitude of cannabis stocks today will pay off for investors.
Consumer cannabis demand is high, but growing and distributing it across multiple markets is more difficult....
Consumer cannabis demand is high, but growing and distributing it across multiple markets is more difficult....
THERMO FISHER SCIENTIFIC INC., $525.69, is a buy. The company (New York symbol TMO; TSINetwork Rating: Average) (www.thermofisher.com; Shares o/s: 391.8 million; Market cap: $208.5 billion; Dividend yield: 0.2%) recently gained FDA clearance for advanced blood tests that can help detect wheat and sesame allergies for patients at risk of a severe allergic reaction.
The new test can help identify patients with a sesame allergy who are at risk of a severe anaphylactic reaction....
Demand for Fair Isaac’s credit scoring solutions from U.S. mortgage lenders may weaken for due to rising interest rates, but demand from automotive and personal lending clients should hold up. Meantime, it’s developing new scoring products for use in several countries, and there is plenty of room for Fair Isaac’s international business to expand....
We think ADT has a bright future—as do its big investors Google and State Farm. Google owns a 6% stake in ADT. That’s after the tech giant’s 2020 investment of $450 million in the company. ADT now offers its customers certain Google products including Internet-connected thermostats, smoke alarms and locks....
ADOBE INC., $286.30, is a buy. The company (Nasdaq symbol ADBE; TSINetwork Rating: Average) (www.adobe.com; Shares outstanding: 466.9 million; Market cap: $135.9 billion; No dividends paid) has agreed to buy collaboration-software company Figma for around $20 billion.
Figma, based in San Francisco, specializes in cloud-based collaboration tools that aim to help teams better create and build web applications....
Figma, based in San Francisco, specializes in cloud-based collaboration tools that aim to help teams better create and build web applications....