Updating your Aggressive stocks

Article Excerpt

MTS SYSTEMS CORP. $17 (www.mts.com) remains a hold. The company makes equipment and software that manufacturers use to test the behaviour of materials, machines and structures. Investors also tap its production of sensors for industrial equipment. The COVID-19 outbreak has sharply cut demand for MTS’s products. As a result, it has suspended its $0.30-a-share quarterly dividend, which will save it $23 million annually. Job cuts and other restructuring measures should also save it $10 million a year. To put those amounts in context, MTS earned $7.1 million, or $0.37 a share, in the quarter ended December 28, 2019. TERADATA CORP. $22 (www.teradata.com) is still a hold. It makes computers and software to capture and store large amounts of data for individual businesses—its clients. It then analyzes that information and identifies consumer buying habits and other trends. Teradata’s investors continue to benefit from its new strategy of selling products as cloud-based subscriptions, instead of one-time software purchases. However, it faces a lot of competition from bigger…