PAYLOCITY HOLDING CORP., $88.43, symbol PCTY on Nasdaq, is a provider of cloud-based payroll and human resources software for small- and medium-sized businesses. It has more than 20,200 clients, each with 100 employees on average. The company’s software lets users track time and labour, benefits,… Read More
HILTON GRAND VACATIONS INC., $33.40, symbol HGV on New York, develops, markets and operates 57 timeshare properties, comprising 9,166 units. It has 310,000 timeshare owners.
Hilton Grand Vacations makes money in two ways: By selling and financing vacation ownership intervals—usually weekly stays—and from its resort management… Read More
This e-commerce giant now has over 179 million active users worldwide, with $23.2 billion in merchandise sold through its network of sites. That volume led the company to record earnings in 2018.
Still, activist investors now want to see the company spin off its online… Read More
A financial technology, or “fintech,” stock typically offers one, or several, financial services that rely on technology to gain efficiencies. While there are many startup firms in this field, we prefer well-established companies, such as the four we analyze below, with the resources to develop… Read More
eBay spun off its PayPal transaction-processing business in July 2015. Since then, eBay shares has gained 38%. Over that same time, PayPal has jumped 170%.
Two activist investors have now targeted eBay. They want the company to spin off its classified ad and StubHub ticket re-selling… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on a U.S. restaurant chain whose brands include Outback Steakhouse.
Bloomin’ Brands has almost 1,500 company-owned or franchised restaurants in the U.S. and 19 other countries. Recently it has focused on re-organizing and… Read More
Q: Pat: What is your recommendation for U.S. restaurant chain Bloomin’ Brands? They own Outback Steakhouse. Thank you.
A: Bloomin’ Brands Inc., $20.07, symbol BLMN on Nasdaq (Shares outstanding: 92.8 million; Market cap: $1.8 billion; www.bloominbrands.com), owns and operates 1,494 restaurants (1,200 company-owned and 294 franchised) in 48 states and 19 countries. Its restaurant brands include Outback Steakhouse, Fleming’s Prime Steakhouse, Bonefish Grill… Read More
CRESCENT POINT ENERGY CORP., $10.79, symbol CPG on Toronto, produces oil and natural gas in Saskatchewan, North Dakota and Utah. Its main focus is the Bakken light oil development in southeastern Saskatchewan.
Alberta-based activist investor Cation Capital owns just 0.3% of the energy producer. Still, it… Read More