Medical spinoffs down but not out

These three medical products makers (including Kenvue, see box) have struggled as independent firms. While all three have solid prospects, embecta is the only one we see as a buy right now.
EMBECTA CORP. $16 is a spinoff buy. The company (Nasdaq symbol EMBC; Manufacturing & Industry sector;… Read More

3M spins off healthcare division, reshapes future

3M spins off healthcare division, reshapes future

3M’s recent healthcare division spinoff allows it to concentrate on its core industrial and consumer products businesses. In fact, its history of innovation across product lines should position it to keep meeting evolving market needs.

The recent settlements of major lawsuits have also removed significant uncertainties… Read More