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BNN Market Call Tonight – May 19, 2017 – Top Picks

BNN Market Call

BECTON DICKINSON (BDX.N) – $182.70
It is a global medical products company known primarily for its needles and syringes. It recently acquired CR Bard Inc. (BCR US), which diversifies Becton’s product mix with catheters, vascular stents and biopsy devices. Both companies generate large and growing amounts of free cash flow, so the merger is a positive. Debt should be paid down within the next two years to return to stable levels, which will help future earnings growth.

LITTELFUSE INC. (LFUS.O) – $158.64
It makes and sells fuses and other circuit protection devices for use in the automotive, electronic and general industrial markets. The coming growth in the number of electric vehicles is expected to increase Littelfuse’s components per automobile by 35 per cent, giving it a good opportunity to continue to grow its business. Dividend growth has historically been in the mid-teens, about double the average of stocks worldwide.

DASSAULT SYSTÈMES (DASTY.PK)
It is a technology company that provides software applications services designed to support client companies’ innovation processes. Any inventor, entrepreneur, scientist or mainstream corporation can use Dassault’s software to design the most efficient, lowest-cost product. The evolution of their software now includes artificial intelligence. Siemens is one of their biggest clients in the area of automation.


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