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Growth Stocks

TJX prospers in an evolving retail environment

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 unique business model offers you the possibility of strong gains ahead, and we recommend the stock as a Power Buy.

THE TJX COMPANIES, $60.19 (New York symbol TJX; TSINetwork Rating: Above Average) (tjx.com; Shares o/s: 1.2 billion; Market cap: $66.0 billion; Yield: 2.0%), is a leading off-price retailer of clothing, accessories and home fashions....

2 min read

Pat McKeough

Dividend Stocks

Wajax sees a steady recovery in its key markets

Business conditions due to COVID-19 hurt Wajax’s results. However, volumes improved steadily through 2021, and that trend has continued into 2022, as customer activity increased.

WAJAX CORP., $22.35, is a buy. The company (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (www.wajax.ca; Shares o/s: 21.5 million; Market cap: $489.0 million; Yield: 4.5%) sells and services cranes, forklifts and other heavy equipment....

1 min read

Pat McKeough

Growth Stocks

Gain from key trends

BROADRIDGE FINANCIAL SOLUTIONS, $136.60, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 117.2 million; Market cap: $16.5 billion; Divd. yield: 1.9%) continues to be the leader in its expanding markets.

This includes meeting the needs of the financial services industry as it pushes to improve efficiency and lower costs by outsourcing key middle and back-office functions to Broadridge.

As well, new regulations in the U.S....

1 min read

Pat McKeough

Growth Stocks

Alcon taps into profitable markets

Swiss pharmaceutical giant Novartis spun off Alcon in 2019. And as we’ve said many times before, spinoffs are the closest thing you can find to a sure thing, regardless of the market’s rise and fall.

The stock is already up over 77% from its March 2020 low, but we think it can go much higher....

2 min read

Pat McKeough

Spinoffs

Wild ride for junior gold stock

AUSTIN GOLD CORP. $1.71 is a hold, but only for highly aggressive investors. The Vancouver-based company (New York symbol AUST; Resources sector; Shares outstanding: 13.3 million; Market cap: $22.7 million; No dividend paid; Takeover Target Rating: Medium; www.austin.gold) is developing four gold mines in Nevada....

1 min read

Pat McKeough

Spinoffs

Let our stock updates help direct you

TEGNA INC. $21 is now a hold. The company (New York symbol TGNA; Consumer sector; Shares outstanding: 222.9 million; Market cap: $4.7 billion; Dividend yield: 1.8%; Takeover Target Rating: Highest; www.tegna.com) owns 64 TV stations and two radio stations in 51 U.S....

2 min read

Pat McKeough

Spinoffs

Drugmaker opts for spinoff over sale

Pharmaceutical giant GlaxoSmithKline recently rejected a takeover offer from Unilever for its consumer drug business and will continue with its original plan to spin it off as a separate company.

The spinoff will let Glaxo better focus on its main prescription drug and vaccine operations....

2 min read

Pat McKeough

Spinoffs

Suncor rejects spinoff demand

SUNCOR ENERGY INC. $49 is a buy. The company (Toronto symbol SU; Resources sector; Shares outstanding: 1.44 billion; Market cap: $70.6 billion; Dividend yield: 3.8%; Takeover Target Rating: Medium; www.suncor.com) is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands....

1 min read

Pat McKeough

Spinoffs

Holding companies aim to unlock value

These two iconic U.S. conglomerates are using spinoffs to unlock their holding company discount. We feel these moves will ultimately succeed, but prefer Johnson & Johnson for your new buying.

JOHNSON & JOHNSON $176 is a spinoff buy. The company (New York symbol JNJ; Consumer sector; Shares outstanding: 2.6 billion; Market cap: $457.6 billion; Dividend yield: 2.6%; Takeover Target Rating: Medium; www.jnj.com) operates through three major businesses: Pharmaceutical (55% of 2021 revenue) makes anti-infective, antipsychotic, contraceptive, dermatological, and gastrointestinal medicines; Medical Devices (29%) sells a range of orthopedic, surgical, cardiovascular, sterilization, diabetic, and vision-care devices; and Consumer Health (16%) makes over-the-counter products such as Johnson’s baby-care items, Band-Aid bandages, Tylenol and Motrin painkillers, Listerine mouthwash, and Neutrogena skin cream.

The company still plans to spin off its Consumer Health business as a separate firm in 2023.

Meantime, in the quarter ended April 3, 2022, Johnson & Johnson’s sales rose 5.0%, to $23.43 billion from $22.32 billion a year earlier....

2 min read

Pat McKeough

Spinoffs

Elliott wants flash memory spinoff

WESTERN DIGITAL CORP. $59 is a hold. The company (Nasdaq symbol WDC; Manufacturing sector; Shares outstanding: 313.2 million; Market cap: $18.5 billion; No dividend paid; Takeover Target Rating: Medium; www.westerndigital.com) develops, makes and sells hard-disk drives, which are mainly used in desktop computers, notebook computers, business applications and consumer electronics.

Activist investor Elliott Management (which owns about $1 billion worth of Western Digital shares) now wants the company to spin off its NAND flash memory operations as a separate company....

1 min read

Pat McKeough

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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.