public offering
A: Tilray, $31.00, symbol TLRY on Nasdaq (Shares outstanding: 97.4 million; Market cap: $3.0 billion; www.tilray.com), completed an initial public offering of 10.35 million common shares at $17.00 U.S....
“…we suspect that few of today’s cannabis stocks will turn into profitable companies, and many will wind up worthless. We now look at cannabis stocks almost every week. We have yet to find any cannabis stock speculations we can recommend.”
—from the Inner Circle Q&A June 12, 2018
We launched our Pat McKeough’s Inner Circle service 17 years ago....
—from the Inner Circle Q&A June 12, 2018
We launched our Pat McKeough’s Inner Circle service 17 years ago....
Comparing a direct listing against an IPO will show that the direct route is cheaper. But stock quality is still the most important factor in a buy decision
ASHLAND GLOBAL HOLDINGS INC. $73 (New York symbol ASH; Manufacturing & Industry sector; Shares outstanding: 60.5 million; Market cap: $4.4 billion; Dividend yield: 1.2%; Takeover Target Rating: Medium; www.ashland.com) makes a variety of specialty chemicals.
The company has three main businesses: Specialty Ingredients (roughly 65% of its total sales) makes coatings, adhesives and other products for the pharmaceutical, food and construction industries; Composites (25%) makes plastics and resins for the construction and industrial-products markets; and Intermediates and Solvents (10%) makes chemicals for plastics makers....
The company has three main businesses: Specialty Ingredients (roughly 65% of its total sales) makes coatings, adhesives and other products for the pharmaceutical, food and construction industries; Composites (25%) makes plastics and resins for the construction and industrial-products markets; and Intermediates and Solvents (10%) makes chemicals for plastics makers....
Stay away from investing in hot new IPOs to buy instead look for high-quality stocks that can thrive in your portfolio for years to come.
ELI LILLY & CO. $115 (New York symbol LLY; Manufacturing & Industry sector; Shares outstanding: 920.8 million; Market cap: $105.9 billion; Dividend yield: 2.2%; Takeover Target Rating: Low; www.lilly.com) is a leading developer of prescription drugs....
Luckin Coffee (ADR), symbol LK on Nasdaq, a recent Chinese coffee-shop chain new stock issue (also known as an IPO, short for initial public offering), seems to be tracing out a pattern that’s all-too-familiar to successful investors. It’s a pattern that leads us to follow a general rule of rarely recommending new issues.
The problem is that new stock issues only come to market when it’s a good time for the company and/or its insiders to sell....
The problem is that new stock issues only come to market when it’s a good time for the company and/or its insiders to sell....
A notable event in stock-market history is scheduled to take place in less than a week. It could be a game-changer for the brokerage industry, and may even change our view on investing in new stock issues (Initial Public Offerings, or IPOs).
Slack Technologies Inc....
Slack Technologies Inc....
A: Summit Industrial Income REIT, $11.80, symbol SMU.UN on Toronto (Units outstanding: 96.3 million; Market cap: $1.2 billion; www.summitiireit.com), is an open-ended trust (see below) that owns light industrial properties across Canada.
As of December 31, 2018, the trust owned 108 buildings, making up 13.3 million square feet of leasable area....
As of December 31, 2018, the trust owned 108 buildings, making up 13.3 million square feet of leasable area....
Our Spinoffs, Takeovers and Special Situations newsletter focuses on the three types of investment opportunities in its name. Huntsman and Danaher were two of our earliest recommendations in the Spinoffs area. Each had just completed a spinoff of a smaller business.
In July 2016, Danaher handed out 100% the shares in its Fortive subsidiary to its own shareholders, as a special dividend....
In July 2016, Danaher handed out 100% the shares in its Fortive subsidiary to its own shareholders, as a special dividend....