spin off
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:
- The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.
- Spinoffs involve a lot of work and legal fees....
The rising stock market and improving economy in the U.S. over the past couple of years have spurred investor demand for new stock issues (also known as IPOs, short for initial public offerings). If this tempts you, it pays to keep in mind that new share issues only come to market when it’s a good time for insiders or the company to sell....
CANON INC. ADRs $29 (www.canon.com) is a leading maker of office equipment, mainly printers and copiers. Its other products include digital cameras and parts for TVs and medical gear. Canon’s revenue fell 1.4%, to $35.6 billion in 2018 from $36.1 billion in 2017....
A financial technology, or “fintech,” stock typically offers one, or several, financial services that rely on technology to gain efficiencies. While there are many startup firms in this field, we prefer well-established companies, such as the four we analyze below, with the resources to develop their own fintech technologies.
VISA INC....
SNC-LAVALIN GROUP INC. $36 (Toronto symbol SNC; Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $6.3 billion; Divd yield: 1.1%; Takeover Target Rating: Medium; www.snclavalin.com) is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges, transit systems and water-treatment plants.
The stock has dropped 33% in the past six months....
The stock has dropped 33% in the past six months....
EATON CORP. PLC $81 (New York symbol ETN; Manufacturing & Industry sector; Shares outstanding: 423.6 million; Market cap: $34.3 billion; Dividend yield: 3.5%; Takeover Target Rating: Medium; www.eaton.com), based in Ireland, makes a wide variety of electrical power products such as circuit breakers, power distribution units, panel boards, load centers, motor controls, meters, sensors, relays and inverters....
TENNECO INC. $33 (New York symbol TEN; Manufacturing & Industry sector; Shares outstanding: 51.4 million; Market cap: $1.7 billion; Dividend yield: 3.0%; Takeover Target Rating: Medium; www.tenneco.com) is a leading maker of auto parts....
DANAHER CORP. $128 (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding: 701.9 million; Market cap: $89.8 billion; Dividend yield: 0.5%; Takeover Target Rating: Medium; www.danaher.com) makes precision-testing equipment and tools....
HELEN OF TROY LTD. $112 (Nasdaq symbol HELE; Shares outstanding: 25.6 million; Market cap: $2.9 billion; No dividends paid; Takeover Target Rating: Medium; www.hotus.com) designs and distributes a wide variety of consumer products in three categories: Health & Home (46% of its 2018 sales), which includes thermometers and blood pressure monitors; Housewares (31%) such as food preparation tools and bathroom accessories; and Beauty (23%), which includes shampoos and skin creams,
The company will now sell the Personal Care business of its Beauty division....
The company will now sell the Personal Care business of its Beauty division....