spin off

FedEx is poised to trim $4 billion in costs with an efficiency plan as its buyback strategy boosts earnings and its Freight spinoff promises to unlock extra value.

CORNING INC., $52.44, symbol GLW on New York, is a leader in materials science, specializing in the production of glass, ceramics, and optical fibre. The company has over 52,000 employees worldwide and manufactures products at 124 plants in 15 countries.

Corning operates in five segments: Optical Communications (35% of sales), Display Technologies (25%), Specialty Materials (13%), Environmental Technologies (10%), and Life Sciences (6% of sales)....

ALPHABET INC., Nasdaq symbols GOOG $187.14 [class C: non-voting] and GOOGL $185.34 [class A: one vote per share], remains a buy for aggressive investors.

The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....

SMITHFIELD FOODS INC., $21.50, symbol SFD on Nasdaq, launched its IPO and began trading on Nasdaq this week.

Chinese owner WH Group priced the shares at $20 each for their initial public offering. It had originally aimed to offer shares at $23 to $27 apiece.

Smithfield was a public company until it was acquired in 2013 for $5 billion by WH Group....

You Can See Our Spinoff Stock Portfolio For February 2025 Here.

Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:


1) 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.


2) Spinoffs involve a lot of work and legal fees....

LENNAR CORP. $136 is a spinoff buy. The company (New York symbol LEN; Manufacturing & Industry sector; Shares outstanding: 271.2 million; Market cap: $36.9 billion; Dividend yield: 1.4%; Takeover Target Rating: Medium; www.lennar.com) is one of the largest homebuilders in the U.S.


The company will spin off its land acquisition business as a separate firm called Millrose Properties Inc....

FedEx has rebounded strongly after falling to $148 in September 2022. The gain is largely due to an activist investor, which has pushed the company to cut costs and improve efficiency.


After a strategic review, FedEx now plans to spin off its smaller trucking division as a separate firm....

For 2025, we have selected Honeywell as your #1 Spinoff Buy.

Following a long series of acquisitions over the past few decades, the company is now a major conglomerate with many businesses spread across a variety of industries. That makes Honeywell a prime candidate for a breakup to simplify its operations and unlock the value of those businesses.

The company agrees and recently announced the spinoff of one of its smaller businesses....

MAPLE LEAF FOODS INC. $21 is a hold. The company (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 123.4 million; Market cap: $2.6 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.6%; TSINetwork Rating: Average; www.mapleleaffoods.com) sells fresh and prepared meats under the Maple Leaf and Schneider labels....

FEDEX CORP., $274.41, New York symbol FDX, remains a buy for long-term gains.

The company delivers packages in the U.S. and 220 other countries.

FedEx now plans to spin off its FedEx Freight operations as a separate company. This business is a leading provider of less-than-truckload (LTL) services, which combines freight from multiple customers into a single vehicle....