In this case, we prefer the parent

The shares of contract manufacturer Flex (formerly called Flextronics International) traded in a narrow range for most of the past 10 years. However, the stock started to move up in late 2022 when the company announced that it would spin off its solar panel tracking… Read More

Top brands could fuel this IPO

AMER SPORTS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol AS.
Based in Chicago, Amer sells sports clothing, equipment and related accessories to consumers in over 100 countries. Its… Read More

Our updates help keep you on track

LOBLAW COMPANIES, $127.50, is a buy. The retailer (Toronto symbol L; Shares outstanding: 313.1 million; Market cap: $40.1 billion; TSINetwork Rating: Above Average; Dividend yield: 1.4%; www.loblaw.ca) operates 1,104 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills. Its Shoppers Drug Mart operates 1,344… Read More

This pandemic star has stumbled

MAPLEBEAR INC. $25 is a hold. The company, (Nasdaq symbol CART; Manufacturing sector; Shares outstanding: 280.2 million; Market cap: $7.0 billion; No dividend paid; Takeover Target Rating: Lowest; www.instacart.com), does business as Instacart, operating an online grocery delivery and pick-up service in the U.S. and Canada. It has… Read More

Robot maker readies for IPO

RICHTECH ROBOTICS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on Nasdaq under the symbol RR.
Based in Las Vegas, Nevada, Richtech makes robotic equipment for restaurants, hotels, casinos and factories. For example, its Matradee… Read More

Birkenstock IPO disappoints

BIRKENSTOCK HOLDING PLC. $39 is a hold. This U.K.-based company (New York symbol BIRK; Consumer sector; Shares outstanding: 187.8 million; Market cap: $7.3 billion; No dividends paid; Takeover Target Rating: Lowest; www.berkenstock-holding.com) is an iconic footwear maker whose history dates back to 1774.
On October 11, 2023, the company completed… Read More

Algonquin’s dividend makes it a buy

BlackBerry and Algonquin are using spinoffs and asset sales to boost shareholder value. We feel Algonquin is the better choice for your new buying, particularly as its dividend looks safe and now yields a high 7.5%.
BLACKBERRY LTD. $4.87 is a hold. The company (Toronto symbol BB; Manufacturing… Read More