Pandemic lockdowns provided Garmin with a big boost, but the stock has since gone on to hit today’s all-time highs. Going forward, we still like its prospects for growth despite its competitive markets. We think this Power Buy is poised to move even higher for you.

Amazon is the largest e-commerce company, but its grocery business hasn’t grown as fast as some rivals’. For example, Walmart’s larger online grocery business now offers same-day deliver to 90% of the U.S.

ALCON, $81.04, remains a #1 Power Buy for 2025. The firm (New York symbol ALC; TSINetwork Rating: Average) (www.alcon.com; Shares outstanding: 499.7 million; Market cap: $40.8 billion; Dividend yield 0.4%) has lowered its outlook for 2025. That’s mostly due to the continuing drag from U.S. tariffs.


The Swiss-American eye-care company generates almost half of its revenue in the U.S.—and U.S. tariffs on goods from Switzerland currently stand at a very high 39%.

There’s no question that the world’s aging population will continue to spend more on medical services for years to come. Medical device makers are well positioned to capture a share of that increased spending. We continue to see attractive investment opportunities among the top industry device firms. That includes Boston Scientific, whose diversification across multiple high-growth product categories offers investors a bright future. By the way, the company holds the leading position in most of those categories. Boston Scientific is a Power Buy.

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:

FIGMA INC. $74 is a hold. The company (New York symbol FIG; Manufacturing sector; Shares outstanding: 487.5 million; Market cap: $36.1 billion; No dividends paid; Takeover Target Rating: Lowest; www.figma.com) make software that lets users collaborate in real-time on projects like websites and apps.


On July 31, 2025, Figma completed an initial public offering of 36.94 million class A common shares at $33.00 each. Insiders continue to control the company through multiple voting shares.

RUMBLE INC. $7.60 is a hold. The company (Nasdaq symbol RUM; Consumer sector; Shares outstanding: 338.9 million; Market cap: $2.6 billion; No dividend paid; Takeover Target Rating: Medium; www.rumble.com) operates an online video-sharing and hosting platform, similar to YouTube.

In September 2022, Rumble became a publicly traded company after merging with a special-purpose acquisition company.

The stock jumped 20% recently after Rumble offered to merge with Northern Data AG, a German AI cloud infrastructure firm.

In November 2016, Yum Brands spun off its Chinese operations as Yum China. Investors received one share of the new firm for each YUM share they held.


The split has worked out well for both firms—Yum is up over 130%, while Yum China has gained nearly 80%.



We still like the outlook for both, particularly as their digital ordering platforms are speeding up service and encouraging higher customer spending per visit. Their rising earnings also give them more cash for dividends and share buybacks.

TEGNA INC. $21 is a hold. The company (New York symbol TGNA; Consumer sector; Shares outstanding: 160.9 million; Market cap: $3.4 billion; Dividend yield: 2.4%; Takeover Target Rating: Highest; www.tegna.com) owns 64 TV stations and two radio stations in 51 markets.


In June 2015, Gannett Co. Inc. (New York symbol GCI) spun off its newspaper operation as a separate company operating under the Gannett name. The remaining broadcasting and Internet unit was then renamed Tegna. Under the deal, for every two shares investors held, they received one share of the spinoff company and two shares in Tegna.

Spinoffs tend to unlock value, as investors prefer “pure-play” firms that they can easily evaluate. While we still like the long-term outlooks for Maple Leaf Foods (which is planning a spinoff) and Dow (a spinoff), we don’t see them as attractive for new buying right now.