Pfizer shifts to post-pandemic growth

Pfizer’s shares are down 45% in the past year due to lower demand for its COVID-19 treatments as the pandemic eases. However, new products from its acquisition of Seagen and its high research spending, generally, should spur long-term growth and your dividends.
PFIZER INC. $28 is… Read More

A narrower focus will pay off for these REITs

H&R’s spinoff of Primaris let both REITs better focus on their main businesses and expand their cash flow. That improves the sustainability of their current distributions.
H&R REAL ESTATE INVESTMENT TRUST $9.75 is a buy. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding:… Read More

This new firm still has appeal

EMBECTA CORP. $18 is still a buy. The company (Nasdaq symbol EMBC; Conservative Growth Portfolio, Manufacturing sector; Shares o/s: 57.3 million; Market cap: $1.0 billion; Price-to-sales ratio: 0.9; Dividend yield: 3.3%; TSINetwork Rating: Average; www.embecta.com) took its current form in April 2022 when Becton Dickinson (see left) spun… Read More

New businesses improve their prospects

In April 2020, RTX Corp. (formerly Raytheon Technologies Corp.) (New York symbol RTX) spun off Carrier and Otis as separate companies. So far, Carrier has soared over 290%, while Otis has gained an impressive 95%. We feel their recent acquisitions set them up for even… Read More

This spinoff looks pricey

KYNDRYL HOLDINGS INC. $20 is a hold. The company (New York symbol KD; Conservative Growth Portfolio; Manufacturing sector; Shares o/s: 229.5 million; Market cap: $4.6 billion; No dividends paid; P-to-S ratio: 0.3; TSINetwork Rating: Extra Risk; www.kyndryl.com) took its current form in November 2021 when IBM spun off its legacy… Read More

A new buy for aggressive investors

This month, we’re adding Danaher to our Aggressive Growth Portfolio. This maker of specialized measuring equipment and tools is a long-time recommendation of our TSI Spinoffs and Takeovers newsletter, which focuses on spinoffs and their former parent companies.
Danaher has completed three spinoffs since July 2016. Since then,… Read More