Stick with the former parent for now

As investors prefer “pure-play” firms that focus on a single businesses, more companies are turning to spinoffs as a way to boost their value. For example, on April 1, 2024, 3M spun off its Health Care division as an independent firm called Solventum. Shareholders received… Read More

Alcon gains with long-term trends

Swiss pharmaceutical giant Novartis spun off Alcon in 2019. As we’ve said many times before, spinoffs are the closest thing you can find to a sure thing, regardless of the market’s rise and fall.
The stock is already up over 42% since we first recommended it… Read More