Honeywell spinoffs still have appeal

Honeywell International Inc. (New York symbol HON) recently spun off two of its smaller operations—Garrett Motion and Resideo Technologies. Both stocks are down since they become independent firms. Slow starts, however, are typical for new spinoffs, and we like their prospect.
GARRETT MOTION INC. $15 (New York symbol GTX; Shares… Read More

Q: Hello. I am just wondering what your thoughts are on Patriot One. Its innovative security system could become something interesting. Speculative, I’m sure, but who knows? Thanks.

A: Patriot One Technologies, $1.80, symbol PAT on the Toronto Venture Exchange (Shares outstanding: 117.0 million; Market cap: $224.8 million; www.patriot1tech.com), develops radar devices and software.

The company hopes to offer a system it calls PATSCAN CMR. It’s a covert, radar-screening device and software system to… Read More

Q: Pat, may I have your thoughts on WPT Industrial REIT and Dream Industrial REIT? I was a shareholder of Pure Industrial REIT with great success until it was bought out. These warehouse REITs appear to be a great way to gain exposure to the online shopping phenomenon.

A: WPT Industrial REIT, $12.78, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $568.7 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 54 properties in 15 states. In all, they include 18.1 million… Read More

Sasol connects with IoT

SASOL LTD. (ADR) $37.44 (New York symbol SSL; Extra Risk) (082-883-9697; www.sasol.com; ADRs o/s: 650.6 million; Market cap: $22.4 billion; Dividend yield: 2.2%) is South Africa’s third-largest coal producer and is the world’s largest maker of fuel from coal. It also produces chemicals, and oil and gas.
Sasol continues… Read More

Higher military spending drives these ETFs

An improving global economy and growing military threats continue to push up defense spending. Still, the total investment as a percentage of global GDP sits near recent lows. That leaves room for significant growth (see supplement on page 60).
Here are three ETFs that provide exposure… Read More