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Mining Stocks

Barrick has moved up recently, along with gold prices—now hitting new all-time highs. The gains likely reflect growing economic uncertainty as well as easing interest rates. The latter limits the returns for interest-bearing investments and also weakens the U.S....

2 min read

Pat McKeough

Spinoffs

Here’s our Spinoff Stock Portfolio for April 2025

You Can See Our Spinoff Stock Portfolio For April 2025 Here.

Why we like spinoffs so much
We think that spinoffs are the closest thing you can find to a sure thing for two main reasons:

1) The management of a parent company will only hand out shares in a subsidiary to its own investors if it’s all but certain that business, and the parent, will be better off after the spinoff.

2) Spinoffs involve a lot of work and legal fees....

1 min read

Pat McKeough

Spinoffs

Split should benefit both

WESTERN DIGITAL CORP. $45 is a hold. The company (Nasdaq symbol WDC; Manufacturing sector; Shares outstanding: 347.8 million; Market cap: $15.7 billion; No dividend paid; Takeover Target Rating: Medium; www.westerndigital.com) completed the spinoff of its flash memory business as Sandisk Corp....

1 min read

Pat McKeough

Spinoffs

Keep our stock updates top of mind

BEACON ROOFING SUPPLY INC. $122 is a hold. The company (Nasdaq symbol BECN; Manufacturing sector; Shares outstanding: 61.6 million; Market cap: $7.5 billion; No dividend paid; Takeover Target Rating: Highest; www.becn.com) distributes residential and non-residential roofing and building products to professional contractors, home builders, building owners, lumberyards, and retailers in the U.S....

2 min read

Pat McKeough

Spinoffs

Keep holding these two for now

On October 16, 2023, the old NCR Corp. (New York symbol NCR) split itself into two separate firms. Investors received one share of NCR Atleos (which makes ATMs) for every two NCR shares they held. The remaining firm changed its name to NCR Voyix.

The split has delivered mixed results for investors: NCR Atleos is up 30%, while the former parent has dropped 33%.

Both firms are now taking steps to improve their profitability....

2 min read

Pat McKeough

Spinoffs

Falling consumer confidence adds risk

Restaurant franchisor FAT Brands recently set up its Twin Hospitality businesses as one separate, publicly traded company. Even following the spinoff, FAT Brands still has a huge holding company discount; however, we feel investors should avoid it as well as Twin Hospitality given reduced discretionary spending by consumers....

2 min read

Pat McKeough

Spinoffs

Activist sees value in this stock

COGNIZANT TECHNOLOGY SOLUTIONS CORP. $80 is a buy. The company (Nasdaq symbol CTSH; Manufacturing sector; Shares outstanding: 494.6 million; Market cap: $39.6 billion; Dividend yield: 1.6%; Takeover Target Rating: Medium; www.cognizant.com) provides solutions to complex software development and maintenance problems that companies face as they transition to a digitized business.

The stock moved up recently on news that activist investor Mantle Ridge now owns $1 billion of the company’s shares, or about 3% of the total outstanding....

1 min read

Pat McKeough

Spinoffs

Tariff fight could hurt these takeovers

These two Canadian firms are under activist pressure to improve their operations, or put themselves up for sale. However, the Canadian government would probably block any takeover offer from a U.S.-based firm due to current tension over trade policy and tariffs.

INTERRENT REAL ESTATE INVESTMENT TRUST $11 is a hold. The REIT (Toronto symbol IIP.UN; Manufacturing sector; Units outstanding: 147.5 million; Market cap: $1.6 billion; Distribution yield: 3.7%; Takeover Target Rating: Medium; www.irent.com) owns and operates rental apartment properties with a total of 13,435 suites....

2 min read

Pat McKeough

Spinoffs

Spinoff lifts this sleepy stock

Cooking equipment maker Middleby is good example of how an activist can unlock hidden value for shareholders.

The stock has moved mostly sideways over the past 10 years, but it jumped 15% in early 2025 after the company became the target of an activist investor....

2 min read

Pat McKeough

Spinoffs

Spinoff Spotlight: South Bow Corp.

SOUTH BOW CORP. $37 is a hold. The company (Toronto symbol SOBO; Utilities sector; Shares outstanding: 208.0 million; Market cap: $7.7 billion; Dividend yield: 7.7%; Takeover Target Rating: Medium; www.southbow.com) took its current form on October 1, 2024, when TC Energy Corp....

1 min read

Pat McKeough

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Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.