Despite an earnings beat today, LogMeIn (LOGM) reported a weaker-than expected FY19 earnings guidance, which can create some near-term selling pressure. However, we still remain positive on the long-term growth potential in LOGM and will monitor if the activists holding LOGM will become active with the stock now trading outside its 2-year tax-free period since its February 2017 Spin.
15 Feb 2019
After being for years a multiple catalysts story, with one of those catalysts being a break-up to create shareholder value, Germany-based industrial conglomerate Thyssenkrupp AG (TKA GY) gave some insight into the structure of its milestone separation underway at its earnings release this week.
15 Feb 2019
With the highest-ever intraday share price increase (+14.2%) on a single day (Feb 12th) since its listing, despite the challenging market conditions, BHF’s management reiterates its long-term growth potential and reignites investor confidence in the stock.
14 Feb 2019
As Henry Schein (HSIC) pushes for greater shareholder value by spinning off its animal health business (click inside for Alert) and the ongoing consolidation in the space, we believe that Patterson Companies, Inc. (PDCO) will be monitoring this split closely and evaluating its own options of a break-up. PDCO is currently ripe for change. Click below for our Edge Angle.
13 Feb 2019
We see that Ferrari’s (RACE) CEO bought shares on the open market 2 weeks ahead of its recent share buyback plan and leading way to a +26% return. With this positive insider buy signal, we’ve looked further into RACE.
11 Feb 2019
MetLife, Inc. (MET) has had a tumultuous time following the August 2017 Spinoff of Brighthouse Financial, Inc. (BHF), though the waters seem to be settling as the company completed the remaining stake divestiture and a new CEO takes the helm. The company beat earnings for the fourth consecutive time, but marginally missed on its top-line. We maintain our long-term thesis and believe the fundamentals are intact.
08 Feb 2019