Get a 5.9% yield from AT&T

Get a 5.9% yield from AT&T

This firm’s share price is unchanged since the start of 2022, mainly because rising interest rates have prompted income-seeking investors to buy bonds instead. Higher rates are also making it more expensive for the firm to build out its new ultrafast 5G wireless networks.

However, we… Read More

McCormick & Co. faces earnings challenges

McCormick & Co. faces earnings challenges

Increased selling prices led to a 3% jump in revenue for this company during the most-recent quarter.

However, lower volumes and iffy demand going forward suggest the company’s growth will be challenged in the near term. The stock trades at a high 32.0 times the company’s… Read More

Earnings just grew 6.6% at Adobe

Earnings just grew 6.6% at Adobe

Technology stocks generally move up and down with the overall economy. Now that a recession seems likely, businesses and consumers are scaling back their spending on new computers and software.

However, we feel now—ahead of the next cyclical upswing—is a good time to add high-quality tech… Read More

Get a 4.6% yield from 3M Company

Get a 4.6% yield from 3M Company

A decline in disposable face mask sales partly explained a 3.7% drop in sales for this company during the most-recent quarter.

Earnings beat consensus forecasts, however, and a new spinoff is on the way which should increase shareholder value.

Meanwhile, the stock trades at just 12.6… Read More

Earnings just rose 6.2% at Cintas Corp.

Earnings just rose 6.2% at Cintas Corp.

We first recommended this firm in the October 2005 issue of Wall Street Stock Forecaster as a buy for aggressive investors. We felt the company’s dominance in the niche uniform rentals business gave it reliable revenues and cash flows. Its ability to sell other products… Read More

Earnings shot up 16.7% at Becton Dickinson & Co.

Earnings shot up 16.7% at Becton Dickinson & Co.

This medical device maker continues to enjoy strong demand for its products as hospitals and clinics resume regular procedures on easing of COVID-19 lockdowns and other restrictions. While ongoing supply-chain problems add risk, we like its long-term prospects.

The company has now completed the spinoff of… Read More