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TC ENERGY CORP. $63 is your #1 Spinoff Buy for 2024. The company (Toronto symbol TRP; Utilities sector; Shares outstanding: 1.04 billion; Market cap: $65.5 billion; Dividend yield: 6.1%; Takeover Target Rating: Medium; www.tcenergy.com) will complete the spinoff of its oil pipeline business as separate company South Bow Corp....

On September 21, 2018, Eli Lilly set up its animal-health business as a separate company called Elanco Animal Health and sold 19.8% of its shares through an initial public offering at $24 each. The company disposed of its remaining 80.2% stake in Elanco in March 2019....
A: Freeport McMoRan Inc., $43.35 symbol FCX on New York (Shares outstanding: 1.4 billion; Market cap: $61.6 billion; www.fcx.com), is one of the world’s largest publicly traded copper producers with operations in Indonesia, North America and South America....
A: Hanesbrands Inc., $6.81, symbol HBI on New York (Shares outstanding: 351.7 million; Market cap: $2.4 billion; www.hanesbrands.com) manufactures apparel such as t-shirts, underwear, bras, and sweatshirts under the Hanes, Champion, Maidenform, and Playtex brands....
A: TransDigm Group Inc., $1,366.53, symbol TDG on New York (Shares outstanding: 56.0 million; Market cap: $77.0 billion; www.transdigm.com) designs, produces, and supplies engineered components for use in commercial and military aircraft....
From time to time, many investors seize upon a single market ‘indicator’ or rule of thumb as a worthwhile guide to their own investing. One example you may have run across is what some call the ‘what- goes-up-must-come-down’ rule.

This is the common idea that high-performing stocks—those that have gone up faster than most stocks for some lengthy period—will, sooner or later, take time out for a breather....
SALESFORCE INC., $254.57, symbol CRM on New York, provides cloud-based software for customer relationship management applications such as sales, customer service, marketing automation, e-commerce, analytics, and application development.

Founded in 1999 by current CEO Marc Benioff and three other co-founders, the company pioneered the SaaS (software as a service) software model and subscription-based revenue.

Software-as-a-service is where subscribers pay a monthly or yearly fee for software implementation, support and upgrades....
CHIPOTLE MEXICAN GRILL INC., $56.12, is a buy. The stock (symbol CMG on New York) lets you tap this Mexican restaurant chain, headquartered in Denver. The company is a fast-food leader charging slightly higher prices than its competitors but offering better quality food, including naturally raised meat.

Chipotle has announced that it will bring back its Smoked Brisket at participating restaurants in the U.S....
GENERAL MILLS INC., $73.71, New York symbol GIS, is still a hold.

This consumer staples giant is one of the world’s largest foodmakers. Its top brands include Cheerios (cereal), Pillsbury (baking dough), Progresso (soups and salads) and Blue Buffalo (pet food), which it acquired in April 2018 for $8.0 billion.

The company has agreed to sell its North American yogurt business....