What is Pat’s commentary for the week of May 2, 2023

This week’s Spotlight analysis of Alimentation Couche-Tard shows that the potentially risky tactic of growth-by-acquisition can pay off nicely when a well-managed company applies that strategy conservatively in a fragmented industry with low-risk takeover opportunities.

We first recommended Alimentation Couche-Tard in December 2008, at $15.50 a.. Read More

Enjoy 6.7% yield from TC Energy

Enjoy 6.7% yield from TC Energy

While rising interest rates have spurred income-seeking investors to buy bonds, we still prefer high-quality utilities like TC Energy. This regulated business cuts your risk and delivers lots of cash flow for dividends.

Canadian investors also benefit from the dividend tax credit.

The stock trades at… Read More

Q: Pat, what do you think of Teledyne Technologies? Thanks.

A: Teledyne Technologies Inc., $419.96, symbol TDY on New York (Shares outstanding: 47.0 million; Market cap: $20.0 billion; Manufacturing sector; TSINetwork Rating: Extra Risk; www.teledyne.com), provides advanced technology products and services to the energy, oceanographic research, environmental monitoring, electronic design and development, factory automation, and… Read More