3 Superstar Spinoffs to Buy Right Now

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3 Superstar Spinoffs to Buy Right Now

Fortune Brands Home & Security

Fortune Brands Home & Security (FBHS) displays its pedigree in its name, as it was spun-off from Fortune Brands in September 2011. The company sells MasterBrand kitchen cabinets, Moen faucets and Simonton windows as well as security products through the Master Lock brand.

  • Forward P/E = 27.5
  • 2013 Expected Earnings Growth = 68%
  • 2014 Expected Earnings Growth = 28%

Zacks Rank #2 (Buy)

Fortune Brands Home & Security also has a solid earnings track record, with just one miss since its IPO.

As the real estate market has heated up, and consumers started spending money remodeling their homes again, the company’s earnings and revenue has soared.

Shares are up 223% since the IPO.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/11/spin-offs-stocks-to-buy-frgi-trip-fbhs/.

©2014 InvestorPlace Media, LLC

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