How to cut risk among financial stocks

Collectively, U.S. banks and insurance companies have performed well over the past year, beating the S&P 500 by a comfortable margin. Canadian financials also produced a strong performance. Still, banks generally have high debt, which occasionally can cause significant share price drops. We’ve always said… Read More

Spinoffs & Takeovers Hotline – Friday, April 9, 2021

RESIDEO TECHNOLOGIES INC., $28.06, symbol REZI on New York, makes heating, ventilation and air-conditioning equipment. It also distributes fire protection and building security products.

Honeywell International Inc. (symbol HON on New York) spun off Resideo in October 2018. Honeywell shareholders received one share of Resideo for… Read More