New businesses improve their prospects

In April 2020, RTX Corp. (formerly Raytheon Technologies Corp.) (New York symbol RTX) spun off Carrier and Otis as separate companies. So far, Carrier has soared over 290%, while Otis has gained an impressive 95%. We feel their recent acquisitions set them up for even… Read More

Look out for more possible spinoffs

In the past few years, many well-established conglomerates, such as General Electric and Danaher, have spun off some of their smaller businesses to help eliminate a “holding company discount.”
Honeywell did the same in October 2018, spinning off its building products business (called Resideo). Shareholders received… Read More

Defence spending supports these funds

Global military spending reached a multi-year high in 2022 as the Russian-Ukrainian war and other regional conflicts prompted governments to beef up their defence capabilities. That spending might slow in the coming years as governments are forced to re-examine their military budgets in the wake of… Read More

…and include these three sectors as well

Here’s the second part of our discussion on ETFs representing each of the five main economic sectors. Here we cover ETFs in Resources, Manufacturing and Financials.
ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF $42.96 (CBOE symbol PICK; TSINetwork ETF Rating: Aggressive; Market cap: $1.6 billion) provides investors… Read More