Our advice on three recent spinoffs

Three of our long-time recommendations recently spun off a subsidiary as separate firm. This is a great way to unlock hidden value, as studies have shown that after an initial adjustment period of a few months, spinoffs tend to outperform groups of comparable stocks for… Read More

Hi, Patrick: I haven’t looked closely at my portfolio lately, but yesterday I noticed Baxter International had dropped in half. As it is one of your recommendations, can you tell me what happened and where you think it will go from here? Thanks.

The apparent price drop is because Baxter International, $37.83, symbol BAX on New York (Shares outstanding: 544.3 million; Market cap: $20.5 billion, www.baxter.com), recently completed the spinoff of Baxalta, $30.26, symbol BXLT on New York (Shares outstanding: 544.3 million; Market cap:… Read More

BAXTER INTERNATIONAL INC. $39 – New York symbol BAX

BAXTER INTERNATIONAL INC. $39 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 544.3 million; Market cap: $21.2 billion; Price-to-sales ratio: 1.3; Dividend yield: 1.2%; TSINetwork Rating: Average; www.baxter.com) makes a variety of medical devices, such as intravenous pumps and… Read More

BAXTER INTERNATIONAL INC. $67 – New York symbol BAX

BAXTER INTERNATIONAL INC. $67 (New York symbol BAX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 542.0 million; Market cap: $36.3 billion; Price-to-sales ratio: 2.5; Dividend yield: 2.9%; TSINetwork Rating: Average; www.baxter.com) continues to expand overseas, which helps cut its exposure to the 2.3%… Read More