A: Zebra Technologies Corp., $327.29, symbol ZBRA on Nasdaq (Shares outstanding: 50.9 million; Market cap: $16.7 billion; www.zebra.com), is a global leader in the Automatic Identification and Data Capture (AIDC) industry.


The AIDC market consists of mobile computing, data capture, radio frequency identification devices (RFID), and thermal barcode printing. It also includes other workflow automation products and services.



Zebra’s products, services and software aim to help its customers and end-users digitize and automate their workflows to achieve their business goals. These include improved productivity and operational efficiency, regulatory compliance, and better customer experiences.

Over the last few several months, Inner Circle Members have asked the following question, in one form or another. Here, in brief, is our answer.


Q: I’ve been a long-time reader and applying your work/research to my Portfolios with excellent success. My U.S. stock exposure was 25% of my Portfolio, and lately I decided to lower it to 15% because of all the commotion in the White House. What are your thoughts on the U.S. exposure percentage for a retired investor in their early 70s? Thanks.

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. The parent will only spin off the unwanted subsidiary if it can’t sell the stock for what it feels it’s worth.

SLIDE INSURANCE HOLDINGS INC. $19 is a hold. The company (Nasdaq symbol SLDE; Finance sector; Shares outstanding: 128.5 million; Market cap: $2.4 billion; No dividends paid; Takeover Target Rating: Medium; www.slideinsurance.com) provides property and causality insurance policies to property owners in states along the Atlantic seaboard. Florida accounts for 99.5% of its policies.


On June 18, 2025, Slide completed an initial public offering of 20.0 million shares at $19.00 each. The stock immediately jumped 24%, but has since dropped back to the offering price.

MDA SPACE LTD. $41 is a hold. The company (Toronto symbol MDA; Manufacturing sector; Shares outstanding: 122.7 million; Market cap: $5.0 billion; No dividend paid; Takeover Target Rating: Medium; www.mda.space) makes advanced technology, such as robotics, satellite systems, and geospatial intelligence, for the space industry.


In April 2021, MDA began trading on the Toronto exchange following its IPO at $14 a share.