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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....
AMAZON.COM INC., $142.10, is a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares o/s: 10.2 billion; Market cap: $1.5 trillion; No divds.) is now buying Roomba maker iRobot Corp. (symbol IRBT on Nasdaq) for $1.7 billion in cash.


iRobot has an estimated 75% of the U.S....
China currently dominates rare-earth production due in part to higher labour costs and tighter environmental restrictions in the U.S. However, politicians and government officials in the U.S. are now trying to promote production in the U.S. MP Materials should benefit from that effort—and it already delivers 15% of global rare-earth market supply....
Despite its current challenges, Shopify’s long-term outlook remains sound. The company has been expanding its business in recent years to provide more services for merchants. It has developed point-of-sale hardware for retailers, launched a shopping app for its merchants to list products and created a network of fulfillment centres to ship orders for its business partners.


SHOPIFY INC., $48.13, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares o/s: 1.2 billion; Market cap: $64.6 billion; No dividends paid) is now eliminating roughly 1,000 jobs, or 10% of its global workforce.


Shopify feels the layoffs are necessary as consumers resume old shopping habits and pull back from the online ordering that fuelled its recent rapid growth....
WALT DISNEY CO., $122.81, is a buy. The company (New York symbol DIS; TSINetwork Rating: Above Average) (www.disney.com; Shares o/s: 1.8 billion; Market cap: $227.6 billion; No dividend) reported 26.3% higher revenue in the three months ended July 2, 2022, to $21.5 billion from $17.0 billion a year earlier....
ResMed continues to prosper in its CPAP machine market but is also expanding quickly in out-of-hospital software solutions. These are aimed at letting healthcare agencies work more efficiently to provide individualized service to patients. This is a big growth area, and ResMed’s progress here bodes well for its share price and for its investors.


We still believe in this leader’s strong prospects and its outlook....
TELUS INTERNATIONAL (CDA) INC. $40 is a buy for aggressive investors. The company (Toronto symbol TIXT; Manufacturing sector; Shares outstanding: 266.0 million; Market cap: $10.6 billion; No dividend paid; Takeover Target Rating: Lowest; www.telusinternational.com) operates call centres on behalf of over 600 corporate clients in 28 countries....

LEIDOS HOLDINGS INC. $101 is a buy. The company (New York symbol LDOS; Manufacturing sector; Shares outstanding: 136.5 million; Market cap: $13.8 billion; Dividend yield: 1.4%; Takeover Target Rating: Highest; www.leidos.com) took its current form in August 2016 when Lockheed Martin (New York symbol LMT) separated its Information Systems & Global Solutions (IS&GS) business and then merged it with Leidos.


In 2021, the company paid $375 million in cash for Gibbs & Cox Inc., a Virginia-based full-service engineering and design firm specializing in naval ship design....
DuPont, formerly known as DowDuPont, took its current form on June 1, 2019, when it spun off some of its operations, including its agriculture business, as a separate firm called Corteva Inc. Shareholders received one Corteva share for every three DowDuPont shares they held.


DuPont is down slightly since the split....

3M COMPANY $147 remains a buy. The diversified manufacturer (New York symbol MMM; Manufacturing sector; Shares outstanding: 569.6 million; Market cap: $83.7 billion; Dividend yield: 4.0%; Takeover Target Rating: Medium; www.3m.com) now plans to spin off its Health Care division as a separate company....