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Spinoffs

AMER SPORTS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on New York under the symbol AS.

Based in Chicago, Amer sells sports clothing, equipment and related accessories to consumers in over 100 countries....

1 min read

Pat McKeough

Spinoffs

Keep on top of stock updates: AbbVie, 3M, & W.P. Carey

ABBVIE INC. $162 is a buy. The company (New York symbol ABBV; Manufacturing sector; Shares outstanding: 1.8 billion; Market cap: $291.6 billion; Dividend yield: 3.8%; Takeover Target Rating: Medium; www.abbvie.com) makes biopharmaceuticals, with leading positions in immunology, oncology, aesthetics, neuroscience and eye care.

AbbVie has agreed to acquire ImmunoGen Inc....

2 min read

Pat McKeough

Spinoffs

Edwards is poised to lift your gains

Medical products maker Edwards Lifesciences was originally a unit of Baxter International Inc. (New York symbol BAX) until that firm spun off Edwards as a separate company in March 2000.

Edwards now plans a spinoff of its own, setting up its Critical Care business, which makes patient monitoring equipment, as a separate firm....

2 min read

Pat McKeough

Spinoffs

Mobileye drops on weaker outlook

MOBILEYE GLOBAL INC. $28 is a hold. Based in Israel, the company (Nasdaq symbol MBLY; Manufacturing sector; Shares outstanding: 805.7 million; Market cap: $22.6 billion; No dividend paid; Takeover Target Rating: Lowest; www.mobileye.com) specializes in computer chips and software to power self-driving cars....

1 min read

Pat McKeough

Spinoffs

These spinoffs don’t inspire us

Each of these two firms recently decided to merge one of its businesses with another firm instead of pursuing a full spinoff. While these moves improve their outlook, we feel there are better opportunities for your spinoff gains.

LIONS GATE ENTERTAINMENT CORP....

2 min read

Pat McKeough

Spinoffs

Poor governance is a big risk factor

NAVIOS MARITIME PARTNERS L.P. $29 is a hold but only for aggressive investors. This Monaco-based limited partnership (New York symbol NMM; Manufacturing & Industry sector; Units outstanding: 30.8 million; Market cap: $893.2 million; Dividend yield: 0.7%; Takeover Target Rating: Medium; www.navios-mlp.com) operates a fleet of 177 dry bulk, container and tanker vessels.

Activist investor Ned Sherwood, who owns 5.4% of Navios, recently sent a letter to the board of directors outlining several proposals to improve investor value and governance....

1 min read

Pat McKeough

Spinoffs

Activists see value in these tech stocks

The share prices of these two technology firms are down sharply. The slide has prompted activist investors to demand each company slash costs or put itself up for sale. Even without major moves, we feel one of the two–Twilio–has strong prospects for a rebound and long-term growth.

TWILIO INC....

2 min read

Pat McKeough

Spinoffs

Spinoff creates two appealing buys

On December 1, 2023, Worthington Industries spun off its steel processing operations as Worthington Steel. Shareholders received one share of the new firm for each share they held. The former parent then changed its name to Worthington Enterprises.

The split should let both firms better focus on their core markets and so unlock shareholder value....

2 min read

Pat McKeough

Spinoffs

Spinoff spotlight: HPE

HEWLETT-PACKARD ENTERPRISE CO. $15 is a hold. The company (New York symbol HPE; Manufacturing sector; Shares outstanding: 1.3 billion; Market cap: $19.5 billion; Dividend yield: 3.4%; Takeover Target Rating: Medium; www.hpe.com) took its current form on November 1, 2015, when the old Hewlett-Packard Co....

1 min read

Pat McKeough

Spinoffs

TC Energy is your top pick for 2024

Pipeline giant TC Energy is your #1 Spinoff Buy for 2024. The former TransCanada Pipelines will soon spin off its oil pipeline business and its remaining operations will consist of gas pipelines and electrical power assets.

The stock has gained 11% since the spinoff announcement in July 2023....

4 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.