Spinoffs & Takeovers Hotline – Friday, November 1, 2024

FASTENAL COMPANY, $78.23, symbol FAST on Nasdaq, is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.

Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors. In manufacturing, Fastenal sells to original-equipment… Read More

Currency Hedging Comes At a Cost With ETFs

Currency Hedging Comes At a Cost With ETFs

Any currency volatility can send investors hunting for hedged ETFs. But the extra costs limit the appeal of currency hedging as a strategy.
If you want to buy U.S. stocks and hedge against the U.S. dollar’s movements against the Canadian dollar, you could buy a hedged… Read More

A low-cost ETF to invest in the broad U.S. market

TD U.S. Equity Index ETF $42.24 (Toronto symbol TPU; TSINetwork ETF Rating: Conservative; Market cap: $2.6 billion) invests in large U.S. publicly listed companies. It tracks the Solactive U.S. Large Cap Index. That index includes the top U.S. publicly listed companies weighted by the market-traded portion of their market… Read More