Updating our Aggressive stocks: Tennant, Teradata and Diebold Nixdorf

Article Excerpt

TENNANT CO. $69 (www.tennantco.com) is a hold. The company makes industrial floor and street-cleaning equipment. COVID-19 continues to slow demand for that equipment from malls, office buildings and sports arenas. In response, Tennant is laying off workers and cutting executive pay. It’s also developing autonomous floor scrubbers, which will help its clients cut their labour costs. However, a new wave of COVID-19 lockdowns could further hurt sales. Tennant is a hold. TERADATA CORP. $30 (www.teradata.com) is a hold. The company makes computers and software to capture and store large amounts of data for individual businesses—its clients. It then analyzes this information and identifies consumer buying habits and other trends. As more of its clients work remotely due to COVID-19, Teradata is now adapting its products to run on cloud platforms like Google Cloud and Microsoft’s Azure. However, the company faces strong competition from bigger analytic software makers like IBM and Oracle. Teradata is a hold. DIEBOLD NIXDORF INC. $13 (www.dieboldnixdorf.com) is still hold, but only for aggressive investors. The company is the world’s…