How to Buy Your Favorite Stock at a Discount
How to Buy Your Favorite Stock at a Discount One of my favorite strategies for adding to a favorite stock is by selling puts. When you sell a put, someone is paying you cash today [...]
August 2019
Spin-off Links – August 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 [...]
How to Front Run the Index
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 [...]
Expanding My Service to Include Special Situations
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 [...]
Chewy is 15% Overvalued
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 [...]
Free Subscription to Our Newsletter
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 [...]
July 2019
Spin-off Links – July 2019
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 [...]
The Yield Curve Is Still Inverted. Is a Recession Imminent?
The Yield Curve Is Still Inverted. Is a Recession Imminent? In the past year, a lot has been written about U.S. interest rates and 1) whether or not the yield curve is inverted and [...]
June 2019
Spin-off Links – June 2019
June 2019 - Spin-off Links Spin-off Resources Interview: My Spin-off Investment Process How Do Spin-offs Perform? Why Do Spin-offs Outperform? Recently Announced Spin-offs On June 17 2019, AECOM (ACM), announced that it would be spinning off [...]
CorePoint Lodging is Down 50% – Is it a Buy?
CorePoint Lodging is Down 50% - Is it a Buy? Background (courtesy of Yet Another Value Blog): La Quinta used to consist of two businesses: the La Quinta brand / franchise and the ownership of [...]
Why Do Spin-offs Outperform?
Why Do Spin-offs Outperform? While not every spin-off will outperform (I’ve learned this lesson the hard way), on average, they do quite well. See below for long-term performance of Bloomberg spin-off Index vs. the [...]
May 2019
Spin-off Links – May 2019
Spin-off Links - May 2019 Recent Members Only Research VF Corp - Kontoor Brands Spin-off Deep Dive Arlo - Good First Quarter Results DowDuPont - Initial Thoughts on DowDuPont’s Corteva Spin-off KAR Auction [...]
My Interview on Investing in Stock Spin-offs
My Interview on Investing in Stock Spin-offs Last week, I had the pleasure of speaking with Greggory Miller of Spin-off Investing Simplified. It was a great conversation and Gregg was kind enough to [...]
April 2019
Spin-off Links – April 2019
Spin-off Links - April 2019 Recent Members Only Research Alcon Spin-off Thoughts New Dow Spin-off Analysis Livent Spin-off Overview KAR Auction Services Spin-off (IAA) Deep Dive Recently Announced Spin-offs On March 25, 2019, [...]
March 2019
Spin-off Links – March 2019
Spin-off Links - March 2019 Recent Spin-offs On February 8, Henry Schein (HSIC) spun off its animal animal health business and then immediately merged it with Vet’s First Choice to create a new [...]
Eli Lilly / Elanco Animal Health: An Opportunity to Make $890 in a Week
LLY / Elanco Exchange Offer [This article was published to my premium subscribers last week, but I released it to the public to share the type of analysis that is available for premium subscribers.] [...]
February 2019
United Technologies – Spin-off Deep Dive
Summary On a sum-of-the-parts basis, UTX is currently undervalued by ~20%. While it will take time for the value to be unlocked, the stock looks attractive at current levels. The break-up is schedule to [...]
January 2019
Spin-off Links – January 2019
Stock Spin-off Links Update on Premium Service For a limited time, we are offering a 7 day free trial. Take advantage today as this opportunity will expire on Thursday, January 31. Stock spin-off [...]
Honeywell: Spin-offs Allow the Company to Focus on High Growth Areas
Honeywell: Spin Offs Allow the Company to Focus on High Growth Areas This article is a guest contribution by Nathan Parsh of Sure Dividend. Sure Dividend helps investors build high quality income portfolios [...]
Arlo: A Cheap Way to Play The Connected Home Theme?
Arlo: A Cheap Way to Play The Connected Home Theme? Arlo Spin-off Background On December 31, 2018, Netgear (NTGR) spun off its remaining 62,500,000 shares of Arlo Technologies (ARLO), which is focused on [...]
December 2018
Spin-off Links – December 2018
Stock Spin-off Links Recently Announced Spin-offs On November 5, 2018, FMC Corp (FMC) a chemical company focused primarily on the agriculture market, announced that it would spin off its remaining ~85% stake in [...]
United Technologies – Will the Break-up Unlock Value?
United Technologies - Will the Break-up Unlock Value? For over a year, United Technologies (UTX) management has been under pressure from large activist investor, Third Point, to break up the company. Management finally [...]
MSG Spin-off – What is the company worth?
Madison Square Garden Spin-off Madison Square Garden (MSG) will be spinning of its sports business in the first half of 2019. Rationale for the Spin-off In a statement, MSG wrote: “The [...]
November 2018
Spin-off Links – November 2018
Stock Spin-off Links Recent Spin-offs On October 29, 2018, Honeywell (HON) spun off, Resideo (REZI), its home products (thermostats, fire protection, etc.) and distribution business (security, fire protection, etc.) REZI has declined 30% [...]
EQT Spin-off, Equitrans Midstream (ETRN)
Equitrans Spin-off EQT’s spin-off, Equitrans Midstream (ETRN), began regular way trading this morning under the ticker ETRN. Ever since EQT acquired Rice Energy in 2017, activists Jana and D.E. Shaw have urged a break [...]
October 2018
Spin-off Links – October 2018
Stock Spin-off Links Recent Spin-offs On September 26, 2018, Fortive’s Automation and Specialty Business, completed its merger and split off. Fortive (FTV) shareholders who elected to exchange their shares received shares in Altra [...]
Stock Spin-off Case Study: Nuvectra – Microcap Spin-off Trading Below Net Cash
Stock Spin-off Case Study: Nuvectra - Microcap Spin-off Trading Below Net Cash Overview On March 13, 2016, Integer (NYSE: ITGR), formerly known as Greatbatch, Inc, spun off its neuromodulation business, Nuvectra Corporation (Nasdaq: [...]
September 2018
Spin-off Links – September 26, 2018
Stock Spin-off Links Premium Service In July, I launched a premium stock spin-off service. For $29 per month, I cherry pick the most promising stock spin-off investments for your benefit. So far, I [...]
Spin-off Case Study: Long NTGR, Short ARLO
Spin-off Case Study: Long NTGR, Short ARLO Last week, I executed a pair trade involving buying Netgear (NTGR) and shorting Arlo (ARLO). I’ve underwrote the trade to generate a ~17.5% return and a ~56% [...]
August 2018
Spin-off Links – August 29, 2018
Stock Spin-off Links Stock Spin-off Resources Just a heads-up, I recently published an updated stock spin-off resources page. I include a bunch of information including: A one page “What is a Spin-off?” guide [...]
July 2018
Spin-off Links – July 13, 2018
Stock Spin-off Links Premium Spin-offs In case you missed it, I recently launched a premium newsletter and my first recommendation. The stock is already up ~11% since I published my thesis, but plenty [...]