New businesses improve their prospects

In April 2020, RTX Corp. (formerly Raytheon Technologies Corp.) (New York symbol RTX) spun off Carrier and Otis as separate companies. So far, Carrier has soared over 290%, while Otis has gained an impressive 95%. We feel their recent acquisitions set them up for even… Read More

Look out for more possible spinoffs

In the past few years, many well-established conglomerates, such as General Electric and Danaher, have spun off some of their smaller businesses to help eliminate a “holding company discount.”
Honeywell did the same in October 2018, spinning off its building products business (called Resideo). Shareholders received… Read More

Thermo Fisher has a bright future

Thermo Fisher has a bright future

Recent FDA approvals of Thermo Fisher’s key products as well as promising acquisitions suggest plenty of revenue growth and share price appreciation is in store in years to come.

Meanwhile, the stock trades at 22.2 times the company’s 2024 earnings forecast which is relatively cheap compared… Read More

Royal Bank’s outlook remains bright

Royal Bank’s shares are down roughly 17% from their recent peak of $140 in February 2023. That’s mainly due to fears that higher interest rates will hurt new loan demand and lead to more writedowns of its current loans.
However, banking regulators have toughened lending standards… Read More

Good time to buy Royal Bank

The shares of Royal Bank and other big Canadian banks have suffered in the past year as rising interest rates increase the appeal of bonds. Higher interest rates also increase the likelihood of greater loan defaults.
We see Royal as a particularly attractive buy right now… Read More

Earnings should rebound in 2024

TRANSCONTINENTAL INC. $14 is still a buy. Canada’s largest commercial printing company (Toronto symbol TCL.A; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 86.6 million; Market cap: $1.2 billion; Dividend yield: 6.4%; Dividend Sustainability Rating: Above Average; www.tctranscontinental.com) last raised your dividend with the April 2020 payment. Investors now receive $0.225… Read More