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BARRICK GOLD CORP., $28.88, is a buy. The company (symbol ABX on Toronto) is the second-largest gold miner in the world after Newmont (symbol NEM on New York, and a recommendation of our Wall Street Stock Forecaster newsletter).

The company reports that it produced lower-than-expected gold in the third quarter ended September 30, 2024, because of a fall in output at its Carlin and Cortez mines in Nevada....
CANADIAN PACIFIC KANSAS CITY LTD., $110.57, Toronto symbol CP, is your #1 Conservative Buy for 2024.

The company ships freight over a 32,190-kilometre rail network. That line runs mainly between Montreal and Vancouver, with links to hubs in the U.S....
JOHNSON & JOHNSON $164 is a spinoff buy. The company (New York symbol JNJ; Manufacturing sector; Shares outstanding: 2.4 billion; Market cap: $393.6 billion; Dividend yield: 3.0%; Takeover Target Rating: Medium; www.jnj.com) sold shares of its consumer drug business, Kenvue Inc....
These two medical industry leaders are facing demands from activists to expand their current cost-cutting plans. While that pressure helps draw investor attention to their high-quality assets, Pfizer is your better choice for long-term gains.


PFIZER INC....

You Can See Our Spinoff Stock Portfolio For November 2024 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....
CEREBRAS SYSTEMS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on Nasdaq under the symbol CBRS.


Based in California, the company makes specialized, high-performance computer chips for artificial intelligence and other applications....

DUCKHORN PORTFOLIO INC. $11 is a hold. The company (New York symbol NAPA; Consumer sector; Shares outstanding: 147.2 million; Market cap: $1.6 billion; No dividend paid; Takeover Target Rating: Highest; www.duckhornportfilio.com) is a Napa Valley, California-based winery founded in 1976 by Dan and Margaret Duckhorn....
On October 2, 2023, Aramark spun off its uniform rental business as a separate, publicly traded firm called Vestis. Shareholders received one share of Vestis for every two share of Aramark they held. The remaining firm now focuses on food services operations, which includes operating cafeterias and food concessions in schools, hospitals, and sporting venues.


Aramark is up over 50% since the split, while Vestis is down 2%....

You Can See Our Current Power Recommendations For November 2024 Here.


Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now....
LABORATORY CORPORATION OF AMERICA, or LABCORP, $217 is a buy. The company (New York symbol LH; Manufacturing sector; Shares outstanding: 84.0 million; Market cap: $18.2 billion; Dividend yield: 1.3%; Takeover Target Rating: Medium; www.labcorp.com) provides clinical laboratory services from locations in the U.S., the U.K., Europe and Asia.


On June 30, 2023, Labcorp spun off its Clinical Development business as Fortrea Holdings Inc....