It’s not often that a money-making strategy consistently works for decades, but WTIM’s Investment Professional Steve Henry says with investing on spin-off companies, that is exactly the case.
Spin-offs are the creation of independent companies through the sale or distribution of new shares of an existing business or division of a parent company.
Henry says investing in these companies outperforms investing in traditional companies.
Henry says there are multiple reasons big investors don’t normally look to invest in spin-offs, with one of those reasons being the size of the company.
Henry appeared as a guest on the Newstalk WTIM Morning Show.