Newmont sharpens its focus

NEWMONT CORP. $42 is a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 1.15 billion; Market cap: $48.3 billion; Price-to-sales ratio: 3.0; Dividend yield: 2.4%; TSINetwork Rating: Average; www.newmont.com) acquired rival Newcrest Mining… Read More

Stick with the former parent for now

As investors prefer “pure-play” firms that focus on a single businesses, more companies are turning to spinoffs as a way to boost their value. For example, on April 1, 2024, 3M spun off its Health Care division as an independent firm called Solventum. Shareholders received… Read More

Finning: 23 years of rising dividends

Finning mainly serves businesses in the cyclical mining and construction industries, so its earnings tend to move up and down with the overall economy. Even so, the company’s strong focus on productivity has let it increase your dividend each year for the past 23 years.
FINNING… Read More