Our take on Elliott’s latest moves

Activist investor Elliott Management is one the world’s largest hedge funds, with $55.7 billion in assets under management as of June 30, 2022. Here’s our take on three of Elliott’s recent investments.
PAYPAL HOLDINGS INC. $99 is a buy for aggressive investors. The company (Nasdaq symbol PYPL; Finance… Read More

Spinoff spotlight: Suncor Energy

SUNCOR ENERGY INC. $40 is still a buy. The company (Toronto symbol SU; Resources sector; Shares outstanding: 1.44 billion; Market cap: $57.6 billion; Dividend yield: 4.7%; Takeover Target Rating: Medium; www.suncor.com) is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four… Read More