acquisition
A: Cigna Insurance, $215.67, symbol CI on New York (Shares outstanding: 340.1 million; Market cap: $73.3 billion; www.cigna.com), provides insurance products and services, including medical, dental, disability, and life insurance....
Dear Inner Circle Member,
SPAC prospects are improving, judging by two new ones that seem to hold some promise for aggressive investors.
The first and less controversial of the two is Forbes, owner/publisher of Forbes magazine and its Forbes.com website....
SPAC prospects are improving, judging by two new ones that seem to hold some promise for aggressive investors.
The first and less controversial of the two is Forbes, owner/publisher of Forbes magazine and its Forbes.com website....
COTY INC. $7.73 is still a hold for aggressive investors. The company (New York symbol COTY; Consumer sector; Shares outstanding: 816.1 million; Market cap: $6.3 billion; Dividend suspended in 2020; Takeover Target Rating: Medium; www.coty.com) is a leading maker of beauty and cosmetics products....
On June 3, 2021, Merck completed the spinoff of its Women’s Health, biosimilars (cheaper copies of complex biologic drugs) and older legacy businesses as one firm.
Investors received one share in the new firm—called Organon & Co. (New York symbol OGN)—for every 10 MRK shares they held.
As part of the transaction, Organon paid Merck a special dividend of $9 billion....
Investors received one share in the new firm—called Organon & Co. (New York symbol OGN)—for every 10 MRK shares they held.
As part of the transaction, Organon paid Merck a special dividend of $9 billion....
On April 3, 2020, Raytheon Technologies Corp. (New York symbol RTX), formerly United Technologies (old symbol UTX), spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses. For each UTX share they held, investors received 0.5 of a share in Otis and 1 share in Carrier.
This situation is a good example of how spinoffs can unlock hidden value and fuel your returns: so far, Carrier has shot up 271% while Otis has gained a stellar 89%.
Even after those big jumps, we feel both stocks have plenty of gains ahead....
This situation is a good example of how spinoffs can unlock hidden value and fuel your returns: so far, Carrier has shot up 271% while Otis has gained a stellar 89%.
Even after those big jumps, we feel both stocks have plenty of gains ahead....
Both Twilio and Stitch Fix benefited from increased demand during the pandemic. But their business models and leading-edge technology also set them up for longer-term success. We still see both stocks as buys.
STITCH FIX, $33.62, is a buy. The company (Nasdaq symbol SFIX; TSINetwork Rating: Speculative) (www.stitchfix.com; Shares o/s: 79.3 million; Market cap: $3.7 billion; No divds.) is an online stylist that provides subscribers with regular shipments of clothes, shoes and accessories—all tailored to their tastes....
STITCH FIX, $33.62, is a buy. The company (Nasdaq symbol SFIX; TSINetwork Rating: Speculative) (www.stitchfix.com; Shares o/s: 79.3 million; Market cap: $3.7 billion; No divds.) is an online stylist that provides subscribers with regular shipments of clothes, shoes and accessories—all tailored to their tastes....
Demand for gold as an investment looks attractive right now, especially if the huge government stimulus spending across the world spurs inflation. That’s likely to send more investors looking for the “safe harbour” of gold. Barrick Gold is a buy.
BARRICK GOLD, $23.92, is a buy. The stock (Toronto symbol ABX; TSINetwork Rating: Average) (www.barrick.com; Shares outstanding: 1.8 billion; Market cap: $42.4 billion; Dividend yield: 1.8%) lets you tap the second-largest gold producer in the world after Newmont (symbol NEM on New York).
Barrick now plans to focus on building new mines instead of on acquisitions....
BARRICK GOLD, $23.92, is a buy. The stock (Toronto symbol ABX; TSINetwork Rating: Average) (www.barrick.com; Shares outstanding: 1.8 billion; Market cap: $42.4 billion; Dividend yield: 1.8%) lets you tap the second-largest gold producer in the world after Newmont (symbol NEM on New York).
Barrick now plans to focus on building new mines instead of on acquisitions....
BOSTON SCIENTIFIC CORP., $44.47, is a buy. The company (New York symbol BSX; TSINetwork Rating: Average) (www.bostonscientific.com; Shares outstanding: 1.4 billion; Market cap: $62.8 billion; No dividends paid) is now buying Mississauga, Ontario-based Baylis Medical for $1.75 billion....
DraftKings keeps making the right moves to remain the dominant player in the expanding U.S. sports-betting market. Meanwhile, it’s taking a big diversification step, both geographically and away from sports. DraftKings is a Power Buy.
DRAFTKINGS INC., $49.09 is a Power Buy. The company (Nasdaq symbol DKNG; TSINetwork Rating: Extra Risk) (www.draftkings.com; Shares o/s: 789.3 million; Market cap: $38.9 billion; No dividend) is now making a $22 billion offer to acquire U.K....
DRAFTKINGS INC., $49.09 is a Power Buy. The company (Nasdaq symbol DKNG; TSINetwork Rating: Extra Risk) (www.draftkings.com; Shares o/s: 789.3 million; Market cap: $38.9 billion; No dividend) is now making a $22 billion offer to acquire U.K....
A: Citrix Systems, $99.77, symbol CTXS on Nasdaq (Shares outstanding: 124.2 million; Market cap: $12.5 billion; www.citrix.com), sells products and services to corporations to let their employees remotely access all the software, apps and data they rely on to do their jobs.
Instead of installing individual pieces of software on their employees’ computers, Citrix’s corporate clients use its remote servers to give their employees secure access to all their software and apps....
Instead of installing individual pieces of software on their employees’ computers, Citrix’s corporate clients use its remote servers to give their employees secure access to all their software and apps....