public offering

We keep an eye on activist investors, as they tend to zero in on depressed companies that could unlock value with a spinoff or sale. Here are two firms that are now under activist pressure to sell themselves. While that may attract offers, we see better opportunities for your new buying.


ARCONIC CORP....
For 2023, we once again chose CGI Inc. as the #1 Aggressive Stock of the Year for our flagship newsletter, The Successful Investor.

This is the seventh year in a row that we’ve picked CGI—Canada’s largest provider of computer outsourcing services.

Investors who were quick to act on our advice have not been disappointed: the stock is now up over 123% since we first highlighted it as a top pick for 2016....
DROPBOX INC., $23.07, symbol DBX on Nasdaq, is a U.S. company that provides cloud storage and related services for both individuals and firms.

Beginning in 2007, the company has focused on providing a way to synchronize computer files between registered users....

NUVEI CORP. $43 is a hold. The Montreal-based company (Toronto symbol NVEI; Manufacturing sector; Shares outstanding: 142.1 million; Market cap: $6.1 billion; No dividend paid; Takeover Target Rating: Lowest; www.nuvei.com) makes software to help businesses worldwide process electronic payments.






In September 2020, the company completed an initial public offering (IPO) of 29.2 million subordinate voting shares (one vote per share) at $26.00 U.S....
J.P. MORGAN CHASE & CO., $122.23, New York symbol JPM, remains a buy.

The stock lets investors tap the largest banking firm in the U.S., with total assets of $3.77 trillion as of September 30, 2022.

Morgan last raised your quarterly dividend with the October 2021 payment by 11.1%, to $1.00 a share from $0.90....
PEPSICO INC., $170.19, Nasdaq symbol PEP, is still a hold.

The company is the world’s second-largest soft-drink maker after Coca-Cola. Its other brands include Frito-Lay snack foods, Gatorade sports drinks, Tropicana fruit juices and Quaker Oats cereals.

PepsiCo continues to benefit from higher selling prices to offset rising costs for food ingredients, packaging and shipping.

In the quarter ended September 3, 2022, the company’s sales rose 8.8%, to $21.97 billion from $20.19 billion a year earlier....
Investing in initial public offering stocks (IPOs) often leads to investors making costly mistakes. Conflicts of interest are just one of the reasons.
What’s an IPO? Here’s what you need to know, as well as reasons why investing in an IPO may not be the best decision for your portfolio.
MONDELEZ INTERNATIONAL INC., $62.65, Nasdaq symbol MDLZ, is a buy.

The company makes cookies and crackers (Oreo, Ritz), chocolate bars (Cadbury, Toblerone), gum and candy (Trident, Dentyne) and Halls cough drops.

Mondelez has agreed to buy Clif Bar & Co....
STEINWAY MUSICAL INSTRUMENTS HOLDINGS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol STWY.

The company is planning to have two classes of shares with Class B shareholders entitled to 10 votes per share, versus the one vote for share assigned to Class A shareholders....