Spinoffs & Takeovers Hotline – Friday, August 16, 2024

ITT INC., $135.04, symbol ITT on New York, manufactures highly engineered critical components and customized technology solutions primarily for the transportation, industrial and energy markets. It operates in three primary segments: Motion Technologies (44% of revenue), Industrial Process (34%), and Connect & Control Technologies (22%).

Geographically,… Read More

New ETFs for Canadian investors

Despite the large number of ETFs already on the market, Canadian managers continue to launch new funds. This month we highlight an ETF from CI Investments that selects high-quality, dividend-paying U.S. companies. The second ETF comes from Hamilton Capital Partners. It invests in North American… Read More

These safety-conscious stocks remain buys

CANADIAN PACIFIC KANSAS CITY, $115.78, is a buy. The company (Toronto symbol CP; shares outstanding: 932.7 million; Market cap: $106.1 billion; Rating: Above Average; Dividend yield: 0.7%) ships freight over a 32,190-kilometre rail network. That line runs mainly between Montreal and Vancouver, with links to hubs in the U.S…. Read More

Two high-quality REITs for dependable income

When investing in retail-focused REITs, investors should pay close attention to the quality of their properties as well as their tenants—both directly affect their distributions. Here are two REITs to count on for steady monthly payments.
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto… Read More