Spin-offs with Insider Buying (December 2020) Starting today, I will be publishing a monthly article looking at spin-offs with insider buying. Many great investors advocate investing in stock spin-offs including Peter Lynch. Here’s what Peter Lynch recommended in his book One Up on Wall Street: [Spin-offs] are a fertile area for amateur investors…….A month or [...]
Spin-off Links - December 2020 Recently Announced Spin-offs XPO Logistics (XPO) recently announced that it will be spinning off its logistics business. Over the past year, management has been deliberating on how to unlock value given the company is trading at a discount. Management believes that by spinning-off the logistics segment, the structure of the [...]
Stock Spin-off Interview with Maj Soueidan Recently, Maj Soueidan of Geoinvesting interviewed me about a variety of topics including: My background Investing in spin-offs Whether it makes sense to invest in the parent or the spin-off Spin-offs I like today War stories (i.e. spin-off investing gone wrong!) I really enjoyed the conversation. Maj [...]
Interview with Jim Royal on Thrift Investing Last week, I had the pleasure of interviewing Jim Royal, on his new book, The Zen of Thrift Conversions. You can watch the entire interview at the bottom of this page. I highly recommend his book which you can purchase here. Also, be sure to check out [...]
Why You Should Invest in NLSN This article was written by Charlie Waters. Charlie has been in the online content world for over 25 years as a freelance writer, covering a wide variety of topics. As an investor, you should track as many companies as possible to be able to spot attractive opportunities. The key [...]
Spin-off Links - August 2020 Recently Announced Spin-offs Aaron’s Inc. (AAN), a leading omnichannel provider of lease-purchase solutions, announced that it intends to split into two companies: Progressive Leasing and the Aaron’s Business. The spin-off is expected to be completed by the end of the year. Progressive Leasing is Aaron’s division which partners with third party [...]
Spin-off Links - July 2020 Recently Announced Spin-offs On July 15, 2020, Dell Technologies (DELL), announced that it is exploring spinning off its 80.1% stake in VMWare (VMW). This transaction has long been rumored and makes a lot of sense. Currently, Dell has a market cap of $44BN and its VMW stake is worth $47BN. Dell [...]
Odds and Ends We are running a special 25% off sale on annual subscriptions to our premium newsletter, Stock Spin-off Investing. Just enter code “oddlot” to save 25%. Sign up here! The coupon expires Friday, June 12, 2020 at 5pm ET. Recently Announced Spin-offs On March 16, 2020, Sharp Corporation (SHCAY), announced that it would be [...]
Short KTB: Front-run ETF Selling Summary Recently, Kontoor Brands (disclosure: we are short KTB) suspended its dividend. As a result, a dividend focused ETF, SDY, will likely sell the 9.1 million shares of KTB that it owns by tomorrow end of day. Average daily trading volume for KTB is 1.4 million shares so 9.1 million [...]
Lessons Learned Shorting Micro-Caps In March, I wrote the article: Ticker Confusion Leads to Opportunity Short ZOOM. This is a follow- up article to share: How the trade worked out. Lessons learned. In short (pun intended), the trade worked. I was able to short 800 shares of ZOOM on March 17, 2020 at an average [...]
Spin-off Links - April 2020 Before we get into the spin-off news, I want to highlight several deep dives that we’ve recently published for our premium subscribers: Otis Spin-off Deep Dive Carrier Spin-off Deep Dive Arconic Spin-off Deep Dive Howmet Aerospace Deep Dive Recently Announced Spin-offs On February 24, 2020, Sanofi (SNY) announced that it will [...]
We recently had the opportunity to speak with Ernest Granson of 8020 Connect. The topic of our conversation? Spin-offs of course! In the conversation we covered: How do spin-offs benefit individual investors? How have spin-offs performed as an "asset class"? Why 2019 spin-offs underperformed. Why spin-offs usually start trading at low valuations. Why operational [...]
Investing in a Recession The US economy and world economy are likely already in a recession. A recession is defined as two quarters in a row of negative GDP growth. Goldman Sachs estimates Q1 2020 GDP will shrink by 6% while Q2 2020 US GDP will drop by 24% due to decreased business and consumer spending [...]
Ticker Confusion Leads to Opportunity to Short ZOOM (not ZM) I’ve been a big fan of Zoom since I started using their service last year to record my live calls with subscribers. And since the outbreak of Covid-19, everyone has been relying a lot more on the company. It’s no surprise that the stock has gone [...]
Odds and Ends I recently recorded a couple video interviews with Greggory Miller. See them here: Why You Should Keep an Investment Journal How I Analyze a Spin-off Recently Announced Spin-offs On February 24, 2020, Sanofi (SNY) announced that it will be spinning off its active pharmaceutical ingredient (API) manufacturing business through an IPO in 2022. [...]
This week, Greggory Miller and I continue our series on spin-off investing and other topics. In the below video, we discuss: Why you should start a blog or keep an investment journal. Lessons learned from spin-off failures. Our thoughts on the impact of the coronavirus. What stocks look interesting at current levels. We discussed [...]
I recently had the opportunity to chat with Greggory Miller of Spinoff Investing Simplified. In the video, we discussed my spin-off investing diligence process and some resources that would be helpful to those doing their own spin-off research. Feel free to skip to 4:53 of the video unless you want to hear me talk [...]
Spin-off Links - January 2020 Odds and Ends We are running a special sale through February 3rd. The code “save25” will get you 25% off an annual subscription. Sign up here! Is the snow and cold already getting to you? Come to the Moneyshow conference in Orlando! I will be giving a presentation on spin-offs. [...]
Spin-off Links - December 2019 Odds and Ends We are running a Friends and Family sale through December 23rd. The code "FandF" will get you 25% of an annual subscription. Sign up here! I was interviewed on Macro Ops. Check it out here. I really enjoyed talking with Brandon (the host) about the origins of [...]
Spin-off Links (November 2019) Recent Members Only Research Emmis Communications Spin-off Quick Summary CNH Industrial Spin-off Quick Summary IAC Group Spin-off (Match.com) Overview Ensign Group Spin-off (Pennant) Deep Dive Nuance Spin-off (Cerence) Deep Dive Recently Announced Spin-offs On October 31, 2019, Marathon Petroleum Corp (MPC) announced that it will spin off its retail gas station business, Speedway, [...]
Stock Spin-off Interviews from the Money Show Last month, I had the pleasure of presenting at the Money Show in Philadelphia. My talk was titled How to Profit from Stock Spin-offs. The event was a lot of fun, and I'm planning to attend additional Money Show events going forward (I will be at [...]
Golar LNG: The Spin-off (if it happens) Will Unlock Significant Value I recently had a chance to speak with J. Mintzmyer, a shipping expert with a top rated service on Seeking Alpha. The purpose of the call was to to better understand Golar LNG (GLNG) which intends to spin off its shipping business. J. [...]
Recent/Imminent Members Only Research Ensign Spin-off (Pennant) Deep Dive (September 30 publish date) Nuance Spin-off (Cerence) Deep Dive AECOM Spin-off Quick Summary Golar LNG Spin-off - What’s It Worth? Madison Square Garden Spin-off - Deep Dive Kontoor Brands - Deep Dive Recently Announced Spin-offs On September 3, 2019, CNH Industrial (CNHI), a global industrial [...]
I will be speaking in Philadelphia on Saturday, September 28th at 11:45 at the Moneyshow Conference. Come hear me speak. Registration is free! My talk is titled: How to Profit from Stock Spin-offs I'm really excited to talk about spin-offs and to share my best ideas. You can register here: Free Registration
Recent Members Only Research Golar LNG Spin-off - What’s It Worth? Madison Square Garden Spin-off - Deep Dive Corteva - Deep Dive Kontoor Brands - Deep Dive Riviera Resources - Notes from Meeting with Management Insurance Auto Auctions - Deep Dive August 2019 - Spin-off Links Recently Announced Spin-offs On July 29, 2019, Pfizer (PFE), [...]
How to Front Run the Index Printable PDF Version I had just finished my third cup of coffee as the market opened. I settled into my chair and watched the early price action of Kontoor Brands (KTB) on its first day of trading with eager anticipation. You see, one of my favorite things to do [...]
Since I launched my premium newsletter last year, a consistent point of feedback is that subscribers want more ideas. For a while, I had mixed feelings about this feedback. On the one hand, I get it. It would be wonderful if instead of offering 5-10 high conviction spin-off ideas per year with lumpy timing, I [...]
Chewy is 15% Overvalued Background A subscriber recently asked me what I thought of Chewy (CHWY) so I spent some time digging into it. It was a fun exercise in part because it’s the opposite of what I typically look for. First, it was a recent initial public offering (IPO). IPOs are propped up by [...]
August Giveaway It's been a while since we've done a giveaway so.... We've decided to give away 5 annual subscriptions to the Stock Spin-off Investing Newsletter in August. Each subscription is a $419 value. Here's the deal. Sign up below. And then share your referral link with all your friends. For every person [...]
Spin-off Links (July 2019) Recent Members Only Research Golar LNG Spin-off - What’s It Worth? Madison Square Garden Spin-off - Deep Dive Corteva - Deep Dive Kontoor Brands - Deep Dive Riviera Resources - Notes from Meeting with Management Insurance Auto Auctions - Deep Dive Recently Announced Spin-offs On July 17, 2019, Ardagh Group (ARD), [...]