This carveout sets you up for gains

ALLIANCE DATA SYSTEMS CORP. $100 is a spinoff buy. The company (New York symbol ADS; Finance sector; Shares outstanding: 49.7 million; Market cap: $5.0 billion; Dividend yield: 0.9%; Takeover Target Rating: Medium; has two main businesses: Card Services (83% of 2020 revenue) operates private-label… Read More

How to pick the best Canadian index mutual funds

How to pick the best Canadian index mutual funds

Canadian index mutual funds were among the better financial innovations to come along in the past few decades. Still the popularity of ETFs may soon eclipse them
Canadian index mutual funds are specialized mutual funds that aim to equal the performance of a Canadian market index,… Read More

We prefer the parents to their spinoffs

Spinoff activity continues to accelerate as the stock market moves on from its COVID-19 shock last year. We continue to see spinoffs as full of opportunity, but for now prefer the three parent firms below to their spinoffs.
MERCK & CO. INC., $77 is a spinoff… Read More

Coming spinoff will enhance its outlook

On January 1, 2018, medical device maker Becton Dickinson acquired rival C.R. Bard (old New York symbol BCR) for $25 billion in cash and shares.
Despite the benefits of this purchase, Becton’s shares have gained just 3% in the past year. That’s because hospitals have deferred… Read More