Spinoffs & Takeovers Hotline – Friday, November 1, 2024

FASTENAL COMPANY, $78.23, symbol FAST on Nasdaq, is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.

Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors. In manufacturing, Fastenal sells to original-equipment… Read More

Q: Pat: Can I get your opinion of Kraken Robotics. Thanks for the great guidance over the years and I look forward to your answer.

A: Kraken Robotics Inc., $1.67, symbol PNG on the TSX Venture Exchange (Shares outstanding: 230.1 million; Market cap: $384.3 million; www.krakenrobotics.com), is a marine technology company providing complex subsea sensors, batteries, and robotic systems.

The company’s high-resolution 3D acoustic imaging solutions and services aim to let… Read More

What are graphene stocks?

What are graphene stocks?

Graphene stocks could boom with many commercial, military, electric vehicle, and aerospace growth opportunities
Graphite is one of two naturally occurring crystalline forms of carbon (the other is diamond). Graphene stocks include companies that own graphite mines ( including Northern Graphite below, which we looked at… Read More

Q: Thank you, TSI, for all the great advice over the years. I’d like your opinion of Atlas Engineered Products on the TSX Venture Exchange. Thank you.

A: Atlas Engineered Products, $1.13, symbol AEP on the TSX Venture Exchange (Shares outstanding: 55.5 million; Market cap: $62.2 million; www.atlasengineeredproducts.com), is engaged in acquiring, integrating, and upgrading well-established companies in Canada’s truss (roof framing), wall panels, and engineered wood products industry.

Atlas went public through… Read More