Build on the 47% gain of our #1 pick: Danaher Corp.

Article Excerpt

When selecting your #1 spinoff stock for 2020, we considered all recent spinoffs. But, we also considered the firms that did the actual spinning off. As a TSI subscriber, you already know the power of spinoffs to hand you gains that far exceed those of comparable stocks. Still, the former parent companies of those spinoff have the same power to spur your returns. Indeed, this year’s #1 stock has already gifted investors with two successful spinoffs—each of those handing shareholders a 50%-plus gain. But that’s just the start: For 2020, this #1 pick—specialty-toolmaker Danaher—is set to build on its whopping 47% gain in 2019. The company’s upcoming acquisition of GE’s BioPharma operations will also help to fuel your 2020 gains. At the same time, that GE deal sets you up for even more spinoffs. DANAHER CORP. $164 IS YOUR #1 SPINOFF BUY FOR 2020. The company (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding 695.4 million; Market cap: $114.0 billion; Dividend yield:…