Jim Bates

Associate Editor at The Successful Investor Inc.

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Articles

Enjoy a 4.6% yield from Innergex Renewable Energy

Jan 13, 2025 | tsinetwork.ca | Jim Bates

With clean, renewable power, Innergex Renewable Energy has strong conceptual appeal for investors. But just as important is its mix of hydroelectric, wind and solar power. That diversity, along with plenty of long-term contracts, provides stable cash flows. It also lets this utility firm continue to spur growth by building its operations. While the firm recently cut its dividends, we feel that it was the right move to free up cash for investments in new projects.
Becton Dickinson Invests 6% Of Revenue In Groundbreaking Innovation

Jan 8, 2025 | tsinetwork.ca | Jim Bates

Becton Dickinson’s strategic expansion through its Critical Care acquisition, combined with strong organic growth and operational efficiency, positions the company for sustained growth in the medical technology sector. The company’s most recent quarterly performance showed impressive revenue growth of 6.9% and an 11.4% increase in earnings per share, demonstrating strong execution capabilities.
Walmart's Share Price Hits New Peak as Value Strategy Pays Off

Jan 7, 2025 | tsinetwork.ca | Jim Bates

Walmart has surged approximately 73% over the last year, outperforming many of its retail peers and the broader market. The company has also demonstrated a commitment to shareholder returns, with a 51-year track record of consecutive annual dividend increases. In April 2024, the firm raised its quarterly dividend 9.2%.
Intact Financial Targets Home Services Market With Latest Acquisition in Digital Expansion

Jan 6, 2025 | tsinetwork.ca | Jim Bates

Shares of Intact Financial have more than doubled in the past five years with an 81.8% gain. It recently hit a new all-time high. That’s mainly due to savvy acquisitions that expanded the firm’s geographic reach. The company keeps raising its dividend for investors. In fact, it has raised the annual rate each year for the past 19 years since its initial public offering in December 2004. Meanwhile, the stock trades at 15.8 times the company’s forward earnings forecast. INTACT FINANCIAL CORP.
Cisco Leverages $28 Billion to Boost AI and Cybersecurity

Dec 10, 2024 | tsinetwork.ca | Jim Bates

Cisco Systems a networking technology leader is strategically repositioning itself through intelligent acquisitions, technological innovation, and a decisive shift toward software and AI-powered solutions. By exploiting its strong financial position and focusing on high-growth sectors, the company is creating a robust platform for future technological leadership.
Finning International maintains balance sheet and dividend growth

Dec 4, 2024 | tsinetwork.ca | Jim Bates

Increased government spending on public infrastructure projects should spur demand for construction equipment and related services from Finning International. That should also let it keep raising its dividend. With a strong balance sheet showing just 26% debt-to-market-cap, $298M in cash, and proven recession resistance, the company continues its 23-year tradition of dividend growth.
Get a 4.0% yield from T. Rowe Price

Dec 2, 2024 | tsinetwork.ca | Jim Bates

We continue to recommend investors diversify their Finance sector holdings with non-bank stocks. Here’s one that dominates its niche market, which helps cut your risk. What’s more, it’s incorporating artificial intelligence (AI) technology to improve its product and services performance. That should spur growth for years to come.
Mattr's Modernization Push Targets 20% Profit Margins by 2030 With a $150M Facility Upgrade

Dec 1, 2024 | tsinetwork.ca | Jim Bates

This industrial transformation story offers compelling value as the company completes its pivot from pipeline coatings to higher-margin plastics and electrical products. With $265M in recent divestitures strengthening its balance sheet, Mattr is well-positioned to execute its growth strategy. A $150m modernization plan includes two new operational U.S. facilities expected to add $100m to annual revenue while expanding profit margins from 16.9% to over 20% by 2030.
Campbell Soup Co's name change reflects a broader product lineup

Nov 25, 2024 | tsinetwork.ca | Jim Bates

Campbell Soup Co’s portfolio of well-recognized food brands provides a diversified and resilient revenue base. These household names have demonstrated enduring consumer appeal, offering stability and growth potential even in challenging economic environments. Meanwhile, ongoing cost optimization efforts include the realization of $950 million in annual savings from a key acquisition and an additional $50 million from an integration. Both should drive meaningful margin expansion.
Enjoy a high 5.1% yield from Conagra Brands

Nov 24, 2024 | tsinetwork.ca | Jim Bates

The recent divestiture of Conagra Brands’ majority stake in its Indian snacks subsidiary allows it to focus resources on its core North American brands. This strategic move simplifies the business model and positions the company to capitalize on growth opportunities in its key markets. As the company leverages its powerful brand equity, it’s poised to navigate industry headwinds, withstand challenges and emerge as a leaner, more profitable organization.