spinoffs

A spinoff takes place when a company decides to get rid of a portion of its asset base, possibly because it wants to focus its activities elsewhere, but is unable to sell the assets for a price that it feels reflects their value. Instead, the parent company sets the assets up as a separate company, then hands out shares in that publicly listed firm to its current investors.

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Alcon’s stock lets you tap into the rapidly growing contact lenses and cataract surgery markets. Moreover, investors are set to benefit from the company’s expanding technological leadership.

Alcon’s history enhances its appeal. The company was spun off by Novartis in early 2019....
Investing in the best agricultural stocks to buy can work out even better when the stock involved is a spinoff. Learn why, and which stock we’re talking about now.
Both these spinoffs are off to a slow start as they restructure their operations. We feel their moves will ultimately pay off, but it’s better to hold off new buying right now.


VIATRIS INC. $11 is a hold. The company (New York symbol VTRS; Manufacturing & Industry sector; Shares outstanding: 1.2 billion; Market cap: $13.2 billion; Dividend yield: 4.4%; Takeover Target Rating: Medium; www.viatris.com) makes a variety of branded and generic drugs, include Celebrex (pain relief), Viagra (erectile dysfunction) and Lipitor (cholesterol)....
What is a spinooff in stocks? Learn all about what they are, including one of our spinoff recommendations, and discover the strong value behind these investments.
What’s an IPO? Here’s what you need to know, as well as reasons why investing in an IPO may not be the best decision for your portfolio.
Investors looking for undervalued investments will often keep a sharp look out for the most recent stock spinoffs. That’s because these are typically a great way to pick up good stocks at low prices.
Corteva shares offer investors a number of attractive pluses: Not only is the company at the forefront of key agricultural trends, but a prominent activist continues to urge Corteva to make changes that may raise the company’s earnings and/or its stock price.

As well, the stock is a spinoff....
A key reason behind our enthusiasm for spinoffs is that the newly spun-off firm could become an attractive takeover target. For example, several firms would probably be interested in buying Aramark’s uniforms business following its spinoff in order to take on industry leader Cintas....
DANAHER CORP. $251 is a buy. The company (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding 715.9 million; Market cap: $179.7 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.danaher.com) is a leading maker of precision-testing equipment and tools....
Spinoffs pay off in key ways: they let businesses better focus on their main operations, and they open the door to possible takeovers. Here are two recent examples.


CRANE HOLDINGS CO. $88 is a buy. The company (New York symbol CR; Manufacturing & Industry sector; Shares outstanding: 56.1 million; Market cap: $4.9 billion; Dividend yield: 2.1%; Takeover Target Rating: Medium; www.craneco.com) makes and distributes products for the construction, aerospace, defence, and other industries....