Spinoffs & Takeovers Hotline – Friday, May 6, 2022

SENSATA TECHNOLOGIES HOLDING PLC, $45.75, symbol ST on New York, develops, makes and sells sensors and controls. Through its Performance Sensing business (73% of revenues), the company supplies a wide array of automotive/heavy vehicle sensors (pressure, speed, temperature) that are embedded in transmission, air conditioning,… Read More

Q: Pat and team, what do you think about Hydrofarm Holdings as a way to profit from the spreading legalization of marijuana? Thanks.

A: Hydrofarm Holdings Group Inc., $13.86, symbol HYFM on Nasdaq (Shares outstanding: 44.6 million; Market cap: $582.2 million; www.hydrofarm.com), is a leading distributor of hydroponics equipment and supplies for controlled environment agriculture. That includes the indoor growing of cannabis. The company’s exclusive products span the… Read More