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Q: What do you think of Middleby Corp.? I read that it has some robots that it sells as well. Thanks.

A: Middleby Corporation, $127.18, symbol MIDD on Nasdaq (Shares outstanding: 54.4 million; Market cap: $6.8 billion; www.middleby.com), designs, manufactures, markets, distributes and services a broad line of (i) foodservice equipment for all types of commercial restaurants and institutional kitchens, (ii) food preparation, cooking, baking, chilling and packaging equipment for food-processing operations, and (iii) premium kitchen equipment, including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment, primarily used in the residential market.

The company owns more than 75 brands, including TurboChef, Follett, Star, Viking Range, AGA, and Armor Inox.

Founded in 1888 as a manufacturer of baking ovens, Middleby Marshall Oven Company was acquired in 1983 by TMC Industries Ltd., a publicly traded company that changed its name in 1985 to The Middleby Corporation.

The company operates through three segments:

The Commercial Foodservice Equipment Group (55% of revenue) has a broad portfolio of foodservice equipment, which lets it meet virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation....

7 min read

Pat McKeough

How To Invest

Power Growth Investor Hotline – Friday, June 17, 2022

RESMED INC., $197.57, is a buy. The firm, symbol RMD on New York, helps investors tap the growing market for medical devices used to treat sleep apnea. ResMed’s CPAP (nasal continuous positive airway pressure) medical devices are used to treat patients with chronic obstructive pulmonary disease as well as other respiratory conditions.

With each new machine ResMed sells, it also acquires a potential long-term customer for replacement parts....

8 min read

Pat McKeough

How To Invest

Spinoffs & Takeovers Hotline – Friday, June 17, 2022

WINC INC., $1.64, symbol WBEV on New York, is an online wine club and a producer of wines. Founded in 2011 as the Club W wine club, it added its own proprietary wine products in 2014, launched a wholesale program in 2015, and then re-branded as Winc in 2016.

The company went public on November 10, 2021, selling 1.69 million of its shares at $13.00....

11 min read

Pat McKeough

How To Invest

Dividend Advisor Hotline – Friday, June 17, 2022

NUTRIEN LTD., $108.18, Toronto symbol NTR, remains a buy for aggressive investors.

The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....

6 min read

Pat McKeough

How To Invest

Wall Street Stock Forecaster Hotline – Friday, June 17, 2022

MCDONALD’S CORP., $234.11, New York symbol MCD, is your #1 Conservative Buy for 2022.

The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....

4 min read

Pat McKeough

How To Invest

The Successful Investor Hotline – Friday, June 17, 2022

TELUS CORP., $28.69, Toronto symbol T, is a buy.

The company is Canada’s second-largest wireless carrier, with 11.48 million users. That’s just behind BCE’s Bell Mobility (with 11.79 million users) and ahead of Rogers Communications (10.06 million users)....

5 min read

Pat McKeough

Growth Stocks

Travel rebound will power their future gains

The coronavirus pandemic forced the cancellation of most vacation plans. However, the reopening of the economy is spurring strong demand for travel—and both Wyndham, and Travel + Leisure should benefit from that surge. We see both as buys.

WYNDHAM HOTELS & RESORTS, $71.02, is suitable for your new buying. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 92.1 million; Market cap: $6.5 billion; Dividend yield: 1.8%) is the world’s largest hotel franchiser, with 813,000 rooms spread across 8,900 hotels in 95 countries....

2 min read

Pat McKeough

Dividend Stocks

QSR offers growth plus a high 4.5% yield

Restaurant Brands acquired a top asset when it bought Firehouse Subs for $1.0 billion in December 2021. That buy is now fuelling sales and profit gains.

RESTAURANT BRANDS INTERNATIONAL, $48.66, is a buy. The company (New York symbol QSR; TSI Rating: Average) (www.rbi.com; Shares o/s: 478.0 million; Market cap: $23.3 billion; Yield: 4.4%) has 29,576 outlets in over 100 countries: 19,266 Burger King, 5,320 Tim Hortons (coffee and donuts), 3,771 Popeyes Louisiana Kitchen (fried chicken) and 1,219 Firehouse Subs.

Restaurant Brands’ overall sales in the quarter ended March 31, 2022, rose 15.2%, to $1.45 billion from $1.26 billion a year earlier....

1 min read

Pat McKeough

Growth Stocks

Here are updates on two of our buys

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, $62.27, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares o/s: 11.3 million; Market cap: $710.2 million; Dividend yield: 1.8%) has just won a contract with the Royal Canadian Air Force (RCAF) to develop e-learning curriculum....

2 min read

Pat McKeough

Growth Stocks

Takeover potential adds appeal

ELECTRONIC ARTS, $129.26, is a buy. The company (Nasdaq symbol EA; TSINetwork Rating: Extra Risk) (www.ea.com; Shares o/s: 279.9 million; Market cap: $35.7 billion; Yield: 0.6%) is now reportedly pursuing a sale or merger and has spoken to numerous interested parties....

1 min read

Pat McKeough

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Cannabis

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.