holding company


Drug wholesaler McKesson fell from its high of $241 in May 2015 to $108 in December 2018. That’s partly due to its role in the opioid crisis. However, the company has now settled many of those lawsuits, reducing risk for investors. It’s also improving the profitability of its main businesses, and its plan to let investors acquire shares in its Change Healthcare subsidiary should further boost your returns.


MCKESSON CORP....

Spinoffs are often seen as an effective way for a holding company to eliminate its “holding company discount.” That discount is usually evident in the stock price of a company that holds a variety of assets, or that invests in a number of businesses.


As well, investors tend to prefer so-called “pure play” companies—firms that focus on a single business area....
If you are looking for good assets for conservative investors, keep in mind that stocks with holding company discounts and hidden assets in retail brands or real estate can lead to unlocked value
In addition to our feature stock this month BCE, we’re presenting you with many more ways to boost your returns and temper your risk.


For example, Suncor remains a great pick for the Resources portion of your portfolio. As an integrated oil producer, which both produces crude and refines it into gasoline and other fuels, the company is less vulnerable to changing crude prices....
POWER CORP. $34 is still a buy. The holding company (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 377.4 million; Market cap: $12.8 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) last raised its quarterly dividend by 6.0% with the June 2019 payment....
We’ve long admired Enbridge for its high-quality operations that give it plenty of cash for your dividends. However, we held off recommending it for new buying in the past few years due to its complex holding company structure and uncertainty over its February 2017 purchase of rival pipeline operator Spectra Energy for $37 billion in stock.


The company has now acquired full control of four affiliated firms that operate some of its pipelines and sold $8 billion of its less-important assets....
Investors tend to value simplicity over complexity in their stock purchases. Power Corp. offers you top assets, but its complex holding company structure draws attention away from its investor value. Now, though, Power plans a major reorganization that’s a plus for investors....
Chances are that in the decades (and possibly centuries) ahead, the world will look back on Google as the key pioneer in web search—the explosive technology of finding what you are looking for on the Internet in a quick and easy manner. Our descendants may look back on Google’s role in web search in much the same way that we look back on, say, Henry Ford’s role in the growth of the auto industry.

Or, they may look on Google as the first of a series of successful businesses launched/owned by Alphabet Inc....
7 Secrets to Unlocking Value Stocks, our free report, gives you the keys to value investing, including how to discover the hidden value that can unlock explosive growth.
POWER CORP. $30 (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 376.6 million; Market cap: $11.3 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) is a holding company with a diversified list of businesses....