Cantor Fitzgerald analyst Steve Ferazani sees 2016 as the year of the spin-off on Wall Street. In a new report, Ferazani discusses the current spin-off frenzy and Cantor Fitzgerald’s top spin-off stocks to buy.
The Numbers
Cantor Fitzgerald expects as many as 24 spin-offs in 2016, with seven transactions possible by the end of Q1. According to Ferazini, all of this spin-off activity provides opportunity for traders. “We found stocks modestly outperform the broader market in the month before spin-offs are completed,” he explained.
The Year Of The Chemical Spin-Off
While the spin-offs associated with the E I Du Pont De Nemours And Co DD 0.52% and Dow Chemical Co DOW 1.87% mega-merger are not expected until 2017 at the earliest, there will be…
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