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We're adding to our position in 2 stocks undergoing transformations
We're taking the other side of a downgrade and making good on an earlier pledge.
14 words~1 min read
We're taking the other side of a downgrade and making good on an earlier pledge.
Get this delivered to your inbox, and more info about our products and services.

We're taking a small portion of the freed-up cash to nibble on shares of a second name.

We're taking half of the cash raised from the sale to add to one of the portfolio's recent spinoffs.

We're also downgrading the stock in conjunction with the sale.

We're adding to a consumer name and starting a position in another. Plus, we're trimming a rallying drug stock.

We're nibbling on a couple of stocks after Thursday's market-wide selloff and a lower open on Friday.

Our trading restrictions had prevented us from executing these purchases earlier.