spin off
On June 1, 2018, Wyndham Worldwide (old New York symbol WYN)completed its spinoff of Wyndham Hotels. Investors received one share of the new company for each WYN share they held. The remaining firm then changed its name to Wyndham Destinations (New York symbol WYND).
The split left each company to concentrate on its core businesses, and we feel that brightens their outlook....
The split left each company to concentrate on its core businesses, and we feel that brightens their outlook....
GENUINE PARTS CO. $109 (New York symbol GPC; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 146.8 million; Market cap: $16.0 billion; Price-to-sales ratio: 0.9; Dividend yield: 2.8%; TSINetwork Rating: Average; www.genpt.com) sells replacement auto parts through company-owned stores (under the NAPA banner) and independent outlets in North America, Europe, Australia and New Zealand....
Adding the best value-investing stock picks to your portfolio starts with looking for hidden assets and overall investment quality
IAMGOLD CORP. $4.51 (Toronto symbol IMG; Resources Sector; Shares outstanding: 450.7 million; Market cap: $2.0 billion; No dividends paid; Takeover Target Rating: Medium; www.iamgold.com) owns 41% of the Sadiola gold mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and 95% of the Rosebel mine in Suriname.
The stock has gained roughly 20% since the start of February 2019....
The stock has gained roughly 20% since the start of February 2019....
ARCOSA INC. $30 (New York symbol ACA; Manufacturing & Industry sector; Shares outstanding: 48.8 million; Market cap: $1.5 billion; Dividend yield: 0.7%; Takeover Target Rating: Medium; www.arcosa.com) makes construction materials (such as highway guardrails and gravel), inland barges, and energy equipment (such as electrical transmission towers and fuel storage tanks).
On November 1, 2018, railcar-products-and-services company Trinity Industries Inc....
On November 1, 2018, railcar-products-and-services company Trinity Industries Inc....
NUANCE COMMUNICATIONS INC. $17 (Nasdaq symbol NUAN; Manufacturing & Industry sector; Shares outstanding: 285.4 million; Market cap: $4.9 billion; No dividends paid; Takeover Target Rating: Medium; www.nucance.com) specializes in speech and imaging technology....
ARCONIC INC. $18 (New York symbol ARNC; Manufacturing & Industry sector; Shares outstanding: 483.2 million; Market cap: $8.7 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.arconic.com) spun off Alcoa Corp....
eBay spun off its PayPal transaction-processing business in July 2015. Since then, eBay shares has gained 38%. Over that same time, PayPal has jumped 170%.
Two activist investors have now targeted eBay. They want the company to spin off its classified ad and StubHub ticket re-selling operations....
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