Updating Iamgold Corp., Valvoline Inc., and Madison Square Garden Co.

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IAMGOLD CORP. $4.51 (Toronto symbol IMG; Resources Sector; Shares outstanding: 450.7 million; Market cap: $2.0 billion; No dividends paid; Takeover Target Rating: Medium; www.iamgold.com) owns 41% of the Sadiola gold mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and 95% of the Rosebel mine in Suriname. The stock has gained roughly 20% since the start of February 2019. That’s due to the company’s potential as a takeover candidate in the wake of two recent acquisition deals: Barrick Gold (Toronto symbol ABX) recently acquired African miner Randgold Resources; and in January 2019, Newmont Gold (New York symbol NEM) announced it will buy Goldcorp Inc. (Toronto symbol G). IAMGold is a buy. VALVOLINE INC. $19 (New York symbol VVV; Manufacturing & Industry sector; Shares outstanding: 188.2 million; Market cap: $3.6 billion; Dividend yield: 2.2%; Takeover Target Rating: Medium; www.valvoline.com) is a leading maker of motor oil, lubricants and other automotive chemicals like antifreeze. The company also operates 1,100 Valvoline Instant Oil…