Updating our Aggressive stocks: Gen Digital, Tennant & Molson Coors

Article Excerpt

GEN DIGITAL INC. $21 (www.gendigital.com) is a buy. The company is the parent company for several cybersecurity-related brands including Norton, LifeLock, and Avast. Gen continues to spend a high 8% of its revenue on research. That’s letting it develop new products to spur its long-term growth. For example, it recently launched a new AI-powered mobile application and web-based service (called Norton Genie) that provides a way to check if texts, emails, websites and social media posts are a scam. Gen Digital is a buy. TENNANT CO. $117 (www.tennantco.com) is a hold. The company makes industrial floor and street-cleaning equipment. Tennant recently paid an undisclosed sum for M&F Management and Financing, which distributes its products in Central and Eastern Europe. The purchase should help the company increase sales and revenue from support services in this region. However, higher costs for raw materials and other inputs could weigh on its profit margins. Tennant is a hold. MOLSON COORS BEVERAGE CO. $64 (www.molsoncoors.com) is still a hold. The beer brewer will spend $125 million to upgrade…