spin off
SNC-LAVALIN GROUP INC. $38 (Toronto symbol SNC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 175.6 million; Market cap: $6.7 billion; Price-to-sales ratio: 0.6; Dividend yield: 3.0%; TSINetwork Rating: Average; www.snclavalin.com) is down nearly 40% from its recent peak of $62 in June 2018.
That’s due to several factors, including unexpected costs related to a contract for its mining business....
That’s due to several factors, including unexpected costs related to a contract for its mining business....
When we single out stocks of the year, we zero in on those that offer a “heads-you-win-tails-you-break-even” advantage. Even so, no investment comes with a true guarantee.
All three of our 2018 top picks struggled last year—along with the rest of the market....
All three of our 2018 top picks struggled last year—along with the rest of the market....
EBAY INC. $33 (Nasdaq symbol EBAY; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 962.8 million; Market cap: $31.8 billion; Price to-sales ratio: 3.1; No dividends paid; TSINetwork Rating: Above Average; www.ebay.com) operates e-commerce websites where sellers pay fees to auction items or offer them at fixed prices....
For 2019’s Stocks of the Year, we’ve once again selected one company from each of our portfolios—Conservative, Aggressive and Income. All three stocks have attractive growth prospects for 2019 and, quite frankly, for several years beyond that.
UNITED TECHNOLOGIES CORP....
UNITED TECHNOLOGIES CORP....
GENERAL ELECTRIC CO. $8.98 (New York symbol GE, Manufacturing & Industry sector; Shares outstanding: 8.7 billion; Market cap: $78.1 billion; Dividend yield: 0.5%; Takeover Target Rating: Medium; www.ge.com) recently announced a major restructuring that will narrow its focus to three main businesses: aviation operations (jet engines and aircraft electronics); electrical power equipment (such as turbines and related equipment for gas-fired and nuclear power plants); and renewable power equipment (wind farms and hydroelectric plants).
As a result, GE will spin off its healthcare operations as a separate firm....
As a result, GE will spin off its healthcare operations as a separate firm....
BRUNSWICK CORP. $49 (New York symbol BC; Manufacturing & Industry sector; Shares outstanding: 86.7 million; Market cap: $4.2 billion; Dividend yield: 1.7%; Takeover Target Rating: Medium; www.brunswick.com) is a leading maker of leisure and recreational products....
DANAHER CORP. $104 (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding: 700.9 million; Market cap: $72.9 billion; Dividend yield: 0.6%; Takeover Target Rating: Medium; www.danaher.com) makes precision-testing equipment and tools....
We first recommended Lamb Weston as a spinoff buy at $47 in our first issue of TSI Spinoffs, Takeovers and Special Situations. Since then—October 2017—the stock has risen 49%.
We feel Lamb Weston has more gains ahead as it continues to expand sales and profits....
Global food giants are eager to spur growth—either by swapping their sugary offerings for more healthful treats or by acquiring and then streamlining smaller competitors. Apart from market leaders PepsiCo and Coca-Cola, other big firms, like Kraft Heinz, are looking to make more acquisitions.
Below are special reports on two smaller food companies that we cover in our Spinoffs, Takeovers & Special Situations newsletter....
Below are special reports on two smaller food companies that we cover in our Spinoffs, Takeovers & Special Situations newsletter....
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