Topic: How To Invest

Wall Street Stock Forecaster Hotline Friday, December 11, 2020

Article Excerpt

MTS SYSTEMS CORP., $58.21, Nasdaq symbol MTSC, is still a hold. The company makes equipment and software that manufacturers use to test the behaviour of materials, machines and structures. It also makes sensors for industrial equipment. The stock soared 60% this week after the company accepted a $58.50-a-share, all-cash takeover offer from Amphenol Corp. (New York symbol APH). Assuming shareholders and regulators approve, Amphenol expects to complete the purchase in mid-2021. MTS’s shares are trading slightly below the takeover offer. That suggests investors do not expect a higher bid. MTS Systems is a hold. MTS Systems recent coverage: Hotline for October 2, 2020 May 2020 issue NEWMONT CORP., $58.87, New York symbol NEM, remains a buy for your long-term growth and as a hedge against inflation. The stock gives you exposure to the world’s largest gold miner following Newmont’s April 2019 acquisition of Vancouver-based Goldcorp Inc. for $10 billion in cash and shares. The company subsequently changed its name from Newmont Goldcorp Corp. (the trading symbol is…