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ADT keeps signing up new security customers at the same time it retains more and more of its existing ones. The company’s expanded services help drive that growth. Those products include Wi-Fi-enabled security cameras and automated home solutions. ADT’s outlook is even brighter because of its new smart-home partnership with Google parent Alphabet....

Chipotle continues to have success in its competitive fast-food market. And now, it’s looking ahead to new opportunities. That’s why it’s testing a new takeout and delivery concept. We think this just adds to the company’s already bright future. The stock is a buy.


CHIPOTLE MEXICAN GRILL, $1,590.87, is a buy. The stock (New York symbol CMG; TSINetwork Rating: Extra Risk) (www.chipotle.com; Shares outstanding: 27.6 million; Market cap: $43.9 billion; No dividends paid.) is launching a new restaurant spinoff this month called Farmesa that features “California-inspired” bowls....
SHOPIFY, $59.92, remains a buy. The company (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (www.shopify.ca; Shares o/s: 1.2 billion; Market cap: $76.5 billion; No dividends paid) reported 25.7% higher revenue in the three months ended December 31, 2022, rising to $1.74 billion from $1.38 billion a year earlier.


Even so, Shopify is now eliminating 1,000 jobs, or 10% of its global workforce....
Corteva shares offer investors a number of pluses: Not only is the company at the forefront of key agricultural trends, the stock is a spinoff. Over the years, we’ve found that spinoffs are about as close as you can get to a sure thing in investing. It’s one key reason why we think Corteva has further gains ahead for investors....

You Can See Our Spinoff Stock Portfolio For April 2023 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....
SOFTBANK GROUP CORP. ADR $18 is a hold. Based in Japan, the company (Over-the-counter Pink Sheets symbol SFTBY; ADRs outstanding: 3.45 billion; Market cap: $62.1 billion; Divd. yield: 0.9%; Takeover Target Rating: Medium; www.softbank.jp) is a conglomerate with holdings in the communications, banking and technology industries.


SoftBank is now preparing to offer the public sell shares in its U.K.-based business Arm Ltd....
MAGNET FORENSICS INC. $44 is a hold. The company (Toronto symbol MAGT; Manufacturing sector; 41.2 million; Market cap: $1.8 billion; No dividend paid; Takeover Target Rating: Highest; www.magnetforensics.com) makes digital investigation software that helps recover evidence from cloud services, mobile phones, computers and other digital devices....
On June 4, 2018, Wyndham Worldwide (old New York symbol WYN) split into two new companies. For every WYN share investors held, they received one share each of the new companies—Wyndham Hotels and Resorts, and Wyndham Destinations (now called Travel + Leisure).


Travel volumes continue to rise and are close to pre-pandemic levels....
WARNER BROS. DISCOVERY INC. $14 is a hold. The company (Nasdaq symbol WBD; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $33.6 billion; No dividend paid; Takeover Target Rating: Medium; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc....
These two recent spinoffs should pay off for investors over the next few years. However, the increasing likelihood of an economic slowdown this year will depressed their share prices in the short term.


LITHIUM AMERICAS CORP. $28 is a hold, but only for highly aggressive investors. The company (Toronto symbol LAC; Resources sector; 151.1 million; Market cap: $4.2 billion; No dividend paid; Takeover Target Rating: Medium; www.lithiumamericas.com) plans to split its operations into two separate, publicly traded firms....