Here’s our top spinoff pick for 2019

We first recommended Lamb Weston as a spinoff buy at $47 in our first issue of TSI Spinoffs, Takeovers and Special Situations. Since then—October 2017—the stock has risen 49%.
We feel Lamb Weston has more gains ahead as it continues to expand sales and profits. The company’s high… Read More

This spinoff has turned itself around

THE CHEMOURS CO. $49 (New York symbol CC; Manufacturing sector; Shares outstanding: 185.2 million; Market cap: $9.1 billion; Takeover Target Rating: Highest; Dividend yield 1.4%; TSINetwork Rating: Extra Risk; www.chemours.com) began trading in July 2015 after Du- Pont spun off the company. The split was… Read More

Activists target these two industrials

TENNANT CO. $73 (New York symbol TNC; Manufacturing & Industry sector; Shares outstanding: 17.9 million; Market cap: $1.3 billion; Takeover Target Rating: Highest; Dividend yield: 1.2%; TSINetwork Rating: Average; www. tennantco.com) makes industrial floor and street-cleaning equipment, including scrubbers, sweepers and polishers. The stock is… Read More

Buy Pentair for its nVent spinoff

PENTAIR PLC $70 (New York symbol PNR; Manufacturing Sector; Shares outstanding: 181.6 million; Market cap: $12.7 billion; Takeover Target Rating: Medium; Dividend yield 2.0%; TSINetwork Rating: Average; www.pentair. com) is a diversified industrial manufacturing company that sells to businesses in the food, water and energy… Read More

Industrial clients need their products

AIR PRODUCTS & CHEMICALS INC. $162 (New York symbol APD; Manufacturing Sector; Shares outstanding: 218.0 million; Market cap: $35.3 billion; Takeover Target Rating: Low; Dividend yield 2.3%; TSINetwork Rating: Average; www.airproducts.com) is a global seller of gases extracted from the atmosphere (oxygen, nitrogen) and gases… Read More

Activists spur changes at two leaders

HUDSON’S BAY CO. $11 (Toronto symbol HBC; Consumer sector; Shares outstanding: 182.7 million; Market cap: $2.0 billion; Takeover Target Rating: Highest; Dividend yield: 0.4%; TSINetwork Rating: Specualtive; www. hbc.com) operates Canadian retail chains Hudson’s Bay and Home Outfitters; HBC Europe; Lord & Taylor; Saks Fifth… Read More

This spinoff dominates auto seating

ADIENT PLC $74 (New York symbol ADNT; Manufacturing sector; Shares outstanding: 93.7 million; Market cap: $6.9 billion; Takeover Target Rating: Highest; Dividend yield: 1.5%; TSINetwork Rating: Average; www.adient. com) is the world’s largest maker of automotive seats for both passenger cars and commercial vehicles. It… Read More

This spinoff dominates auto seating

LISTEN:  

ADIENT PLC $74 (New York symbol ADNT; Manufacturing sector; Shares outstanding: 93.7 million; Market cap: $6.9 billion; Takeover Target Rating: Highest; Dividend yield: 1.5%; TSINetwork Rating: Average; www.adient. com)… Read More