One of the more-confrontational activist battles this year is almost sure to come down to a shareholder vote in November, Carleton English writes in this week's edition of Barron's. Earlier in the week, CoreLogic (CLGX) rejected the second buyout bid by activist investor Senator Investment Group and strategic holding company Cannae Holdings (CNNE), claiming the $66-per-share offer "significantly undervalue(d)" the property data and analytics company, the author notes, adding that admittedly, the duo only increased their initial offer by $1 a share as a "gesture of good faith." They had hoped to restart talks and start a formal due-diligence process to determine if a higher bid is warranted, the report points out. With both sides at a seeming impasse, it's increasingly looking like CoreLogic shareholders will have the final say at the company's special meeting on Nov. 17 in which Senator and Cannae put up a majority slate of director nominees to facilitate a sale process. Reference Link

One of the…

CoreLogic battle appears headed to shareholder vote, Barron's says

With Americans eating more meals at home, supermarkets are among the few traditional retailers to thrive, and Albertsons, the nation's fourth-largest grocer, is no exception, Andrew Bary writes in this week's edition of Barron's. Since the pandemic began in March, the owner of the Safeway and Acme supermarket chains has had sales growth of more than 20% and ample profits. However, the company went public in late June at $16 a share, and the stock has since fallen to around $13, the author notes, adding that now is the time "to bag these marked-down shares." Reference Link

With Americans eating…

Albertsons a Buy as stock looks cheap, Barron's says

Nvidia (NVDA) became the largest U.S. chip maker by market value in July, passing industry titan Intel (INTC), but by most measures, Nvidia remains a niche player, Max Cherney writes in this week's edition of Barron's. For Nvidia to grow into its value, the company has to do something big, and CEO Jensen Huang may have found the answer with his $40B deal for Arm Holdings, the author notes. If there ever was a way to challenge Intel's dominance, Huang may have cracked the code, with a combination of Nvidia's leading graphics processors, Arm's central-processing-unit chips, and its longstanding partnership with TSMC (TSM), which fabricates many of the world's most advanced chips, the report adds. Reference Link

Nvidia (NVDA) became the…

Nvidia's deal for Arm risky, 'quite smart,' Barron's says

Cash usage was already at an all-time low, and COVID-19 has just hastened the decline, with Americans at first stuck at home and now still wary of the close proximity require for the physical exchange of bills, Daren Fonda writes in this week's edition of Barron's. Meanwhile, digital payment stocks like PayPal Holdings (PYPL) and Square (SQ) have been some of the best performers in 2020, pushing their valuations to extremes. The elevated prices could pressure the stocks in the near term, keeping further gains muted, but for long-term investors, there's still time to jump in, the author notes. Reference Link

Cash usage was already at…

PayPal, Square among best performers as COVID makes cash history, Barron's says

On The Fly