Topics
NCR ATLEOS CORP. $37 (www.ncratleos.com) is a hold. On October 16, 2023, the old NCR Corp. (New York symbol NCR) split itself into two separate firms. One (called NCR Atleos) focuses on automated teller machines, and the other (called NCR Voyix, see below) focuses on digital commerce businesses. Investors received one share of NCR Atleos for every two NCR shares they held. The shares of the new company are now up over 80% since the split and trade at 9.2 times the $4.01 a share it will probably earn in 2025. That low p/e reflects the shift away from ATMs to online banking. NCR Atleos is a hold.
Genuine Parts gets its auto parts from hundreds of suppliers, which helps its avoid new U.S. tariffs. The company should also benefit as tariffs raise the price of new cars, prompting drivers to repair and upgrade their current vehicles. What’s more, a new cost-cutting plan should improve profitability and give Genuine room to raise your dividend.
GENUINE PARTS CO. $129 is a buy. The company (New York symbol GPC; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 139.1 million; Market cap: $17.9 billion; Price-to-sales ratio: 0.8; Dividend yield: 3.2%; TSINetwork Rating: Average; www.genpt.com) sells replacement auto parts through 9,825 company-owned and independent retail stores in North America, Europe, Australia and New Zealand. Most of them operate under the famous NAPA banner. This business accounts for about two-thirds of Genuine’s total sales. The remaining third comes from distributing industrial parts such as bearings, seals, pumps and hoses.
GENUINE PARTS CO. $129 is a buy. The company (New York symbol GPC; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 139.1 million; Market cap: $17.9 billion; Price-to-sales ratio: 0.8; Dividend yield: 3.2%; TSINetwork Rating: Average; www.genpt.com) sells replacement auto parts through 9,825 company-owned and independent retail stores in North America, Europe, Australia and New Zealand. Most of them operate under the famous NAPA banner. This business accounts for about two-thirds of Genuine’s total sales. The remaining third comes from distributing industrial parts such as bearings, seals, pumps and hoses.
VIATRIS INC. $10 is a hold. The company (New York symbol VTRS; Income Portfolio, Manufacturing sector; Shares outstanding: 1.2 billion; Market cap: $12.0 billion; Price-to-sales ratio: 0.9; Dividend yield: 4.8%; TSINetwork Rating: Average; www.viatris.com) was formed in November 2020 by the merger of Pfizer’s Upjohn division (generic drugs) with Netherlands-based Mylan N.V. Pfizer investors received 0.124079 of a Viatris share for each Pfizer share they held.
CANON INC. ADRs $29 remains a hold. The Japanese conglomerate (Over-the-counter Pink Sheets market symbol CAJPY; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 878.6 million; Market cap: $25.5 billion; Price-to-sales ratio: 0.9; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.canon.com) is a leading maker of printers, copiers and other office equipment. Its other products include digital cameras and parts for TVs and medical gear.
MCKESSON CORP. $808 is a buy. The wholesale drug distributor (New York symbol MCK; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 124.4 million; Market cap: $100.5 billion; Price-to-sales ratio: 0.3; Dividend yield: 0.4%; TSINetwork Rating: Above Average; www.mckesson.com) hit a record high of $813 in October 2025. That’s partly due to its plan to spin off its medical-surgical business as a publicly traded company. This business distributes surgical supplies, such as gloves, needles and laboratory equipment, to over 340,000 hospitals, doctors’ offices and clinics in the U.S. It accounts for 3% of the company’s total revenue and 19% of earnings.