spin off
ACI WORLDWIDE INC. $39 is a buy. The company (Nasdaq symbol ACIW; Manufacturing & Industry Sector; Shares outstanding: 116.8 million; Market cap: $4.6 billion; No dividend paid; Takeover Target Rating: Medium; www.aciworldwide.com) is the leading software provider for processing transactions by credit cards, debit cards, automated teller machines, point-of-sale terminals and interbank systems....
Spinoff announcements have started to pick up as stock markets continue to recover from the March 2020 COVID-19 downturn. Here are two upcoming spinoffs that we expect will unlock value and fuel your returns.
IAC/INTERACTIVE CORP. $205 is a buy. The Internet and media company (Nasdaq symbol IAC; Manufacturing & Industry Sector; Shares outstanding: 85.3 million; Market cap: $17.5 billion; No dividend paid; Takeover Target Rating: Lowest; www.iac.com) has a long history of developing online businesses and spinning them off when it feels they are ready to thrive on their own....
DANAHER CORP. $237 is a buy. The company (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding 707.2 million; Market cap: $167.6 billion; Dividend yield: 0.3%; Takeover Target Rating: Medium; www.danaher.com) is a leading maker of precision-testing equipment and tools....
For 2021, we’ve chosen IBM as your #1 Spinoff Buy.
The company’s shares have lagged other big tech stocks in the past year. That’s mainly due to concerns that IBM’s older, slower-growing legacy businesses were holding back its faster-growing cloud computing operations....
A lot can change in 20 years.
As long-time readers may recall, we launched our Wall Street Stock Forecaster around 20 years ago. It got a good reception from our clients and investors (and it’s still going strong today). However, I recall one cancellation email that we received in late 2002, about a year after 9/11....
As long-time readers may recall, we launched our Wall Street Stock Forecaster around 20 years ago. It got a good reception from our clients and investors (and it’s still going strong today). However, I recall one cancellation email that we received in late 2002, about a year after 9/11....
We often remind readers to pay attention to activist investors. That’s because they tend to look for the same kind of hidden assets we value. A firm can spin off or sell them to boost shareholder value. Here are two stocks that will benefit from activist pressure, but we see only one as a buy.
F5 NETWORKS INC....
Stock markets have rebounded from their COVID-19 lows in March 2020, and transportation firm XPO has decided now is the time to go ahead with the spinoff of its logistics business. XPO’s shares trade at lower multiples to earnings than its competitors, so the transaction should help unlock considerable value for investors....
Study after study has shown that after an initial adjustment period of a few months, spinoffs tend to outperform groups of comparable stocks for several years. Still, in looking at two recent spinoff deals, we feel the spinoff of Pfizer’s generic drug business is more attractive than Artis REIT’s plan to separate its Canadian retail properties.
PFIZER INC....
We continue to see attractive investment opportunities in drug stocks. COVID-19 gave it a boost, of course. But the industry was already going to prosper, thanks to ongoing regulatory and research developments. Still, due to the nature of the business, results will vary widely and unpredictably from one drug company to another....
Learn how to find spinoffs so you can successfully buy what we think are the closest investments in the market to a “sure thing”