jetcityimage Investment Thesis The 3M Company (NYSE:MMM) has had a rough last couple of years that have been stained by legal battles that have resulted in large legal settlements such as a $6 billion lawsuit related to the sale of defective earplugs and a $10.3 billion lawsuit related to damage caused to U.S. drinking water…
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Grace Cary/Moment via Getty Images Introduction Per its mission statement, Howard Hughes Holdings, Inc. (NYSE:HHH) (the “Company” or “Howard Hughes“) aims to “enhance people’s lives by building inspired, award- winning communities.” Among other projects, the Company develops and is most known for its high-quality collection of well-located master planned communities (“MPCs”). I am currently bullish…
Ilja Enger-Tsizikov Phinia Inc. (NYSE:PHIN) recently reported lower EPS GAAP than expected, and the company is a recent spinoff. However, I do not see why the company could trade at close to 4x EBITDA. I also believe that further improvements of the commercial vehicle market and potential adoption of hydrogen solutions could bring significant free…
Monica Schipper/Getty Images Entertainment In September, I concluded that I was buying the dip after the release of the fiscal first quarter results in the case of Worthington Industries, Inc. (NYSE:WOR). This came as the business demonstrated strength and resilience despite some industry challenges. This solid performance, a strong balance sheet, and a spin-off being…
AdrianHancu/iStock Editorial via Getty Images Overview BlackBerry Limited (NYSE:BB) stock is on the move following its announcement about spinning off its Internet of Things (“IoT”) division. As is often the case with acquisitions and divestitures, BlackBerry stock has sold off significantly in the wake of this news. With the post-market news report yesterday, October 4th,…
Half of Sandoz’s revenue comes from Europe. Thus, it will be looking to leverage its brand presence in Europe for further growth. Emerging reports suggest that Novartis has completed the spinoff of its Generics and Biosimilars division, Sandoz, on Wednesday, October 4. The Swiss drug company first made its intention known in August 2022, commencing…
bin kontan/iStock via Getty Images W. P. Carey Inc. (NYSE:WPC) announced that it would spin off its office real estate portfolio into a separate publicly traded real estate investment trust and that it would sell its remaining office properties that are not part of the spin-off transaction. The announcement led to a major selloff last…
Kwarkot You are almost certainly aware that W. P. Carey (NYSE:WPC) announced a spinoff and sale of their office properties last Thursday, along with a pending dividend cut. Mr. Market seemed to really hate it, selling off 8% on that day and a few more the next. But in reality Thursday was a very red…
DNY59/E+ via Getty Images If you take a bath on a stock, you should let everyone know about it. The humbling experience and lessons that come with that are part of the investing experience. Today we share 3 key lessons from the W. P. Carey Inc. (WPC) debacle that will hopefully help everyone make better…
Sundry Photography Investment Thesis Johnson & Johnson (NYSE:JNJ) is a renowned worldwide healthcare conglomerate celebrated for its extensive array of pharmaceuticals, medical devices, and consumer healthcare merchandise. In 2022, Johnson & Johnson was acknowledged as the most valuable brand in the pharmaceutical sector, with an impressive brand value of $13.4 billion. Most Valuable Pharma Brands…