The last time I wrote about Wells Fargo (NYSE:WFC) was mid-March. At the time, I suggested that the 6.2% dividend yield from Wells Fargo stock would no doubt be attractive to many investors. Source: Ken Wolter / Shutterstock.com That said, if dividends weren’t your priority, I felt you would do better over the long haul
Month: June 2020
There’s an odd psychology that arises with stocks like JCPenney (OTCMKTS:JCPNQ) that head into bankruptcy. Some investors convince themselves the stocks are “cheap.” We’re seeing a bit of that now with JCP stock (I’ll use the old ticker for simplicity’s sake). Source: Supannee_Hickman / Shutterstock.com After all, the stock price certainly looks cheap. JCP stock,
With so much attention paid to the novel coronavirus and the pandemic’s economic and geopolitical implications, multiple industries have fallen by the wayside in terms of visibility. But at some point, our modernized societies must turn back to the innovations and technologies that have driven them in the pre-pandemic era. Therefore, the case for battery
Investors have been “doubling down” on sustainability over the last quarter — and sustainable funds have actually outperformed the broader market, according to an analyst at BNP Paribas Asset Management. That’s a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia
People vote in the Michigan primary election at Chrysler Elementary School in Detroit, Michigan, on March 10, 2020. Jeff Kowalsky | AFP | Getty Images Some investors are placing bets that the stock market could have a massive sell-off following the election, and some analysts say it’s because of the fear of a Democrats winning
In my last article on Halliburton (NYSE:HAL), I said if it kept the dividend, the yield on HAL stock would be very attractive. My stance was both right and wrong, but nevertheless, this stock still represents good value. Source: Casimiro PT / Shutterstock.com The dividend was cut on May 20, to just 18 cents annually,
Macy’s (NYSE:M) has been hammered and by this point, no one is surprised. Malls have been closed and retail sales have plunged. Source: digitalreflections / Shutterstock.com From the 2020 peak to the March trough, Macy’s stock fell 75% amid the novel coronavirus pandemic. However, shares have been bouncing back with a force. The stock is
Equities tip-toed higher on Monday, as investors turn their attention to a full week of trading. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Apple (AAPL) Apple (NASDAQ:AAPL) continues to grind higher amid a steep uptrend (blue line), as the stock now
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. Bryan R. Smith | AFP | Getty Images Chief financial officers of major corporations around the globe are more likely to believe the Dow Jones Industrial Average will
A pedestrian passes an advertising board outside a Western Union money transfer store in Athens, Greece. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell. Western Union — The money payment service’s stock rose 7% in extended trading after a report from Bloomberg Law that Western Union recently made
In a world of mandatory lockdowns and social distancing, MGM Resorts (NYSE:MGM) stock isn’t exactly a market darling. The hotel, resort and casino operator’s share price has reflected these hard times. Source: Jason Patrick Ross / Shutterstock.com Does this mean that cautious investors should avoid MGM stock completely? And, should current shareholders abandon ship in
Target (TGT) is a discount retailer that generates revenue by offering competitively priced consumer goods. Similar companies competing directly with Target include Walmart (WMT) and Costco Wholesale (COST). Businesses in the retail industry do not produce products directly and must obtain their goods using contracts with manufacturers. The discount retail industry has come under increasing
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we learned the importance of buying a company that has a strong return on equity. Since the market
Triple Top Pattern: – A reversal pattern. – It forms from a previous uptrend. – You need to be aware that this pattern has the potential to be multiple patterns, and you cannot be sure that it is a triple top until it hits the third point on the resistance line. – Once it breaks
Kevin Matras shows how to search for stocks with increasing Cash Flows, but low Price to Cash Flow ratios. Highlighted stocks include BR, LCC, MRH, NFLX and PSEM.
Fortunes of oil majors are in general linked to the price of crude. As we enter June, investors are wondering if they should buy Exxon Mobil (NYSE:XOM) stock now. Before you make a decision, it is important to look at the fundamental drivers behind the XOM share price. Source: Michael Gordon / Shutterstock.com So far the
The CEO of United Airlines (NASDAQ:UAL) is in an unenviable position. His airline was humming just seven months ago. Fuel costs were down and passenger volume was up. But now, UAL stock has plummeted 68% since the start of the year. Amid the novel coronavirus chaos, the company has just announced a management shakeup in
SpaceX’s Crew Dragon spacecraft docks with the International Space Station on May 30, 2020. NASA CAPE CANAVERAL, Fla. — The inaugural SpaceX astronaut mission successfully completed the first leg of its journey on Sunday, docking with the International Space Station. “It’s been a real honor to be just a small part of this nine year
Take a look at some of the biggest movers in the premarket: Abercrombie & Fitch (ANF) – The apparel retailer lost $3.29 per share for its latest quarter, wider than the loss of $1.39 per share anticipated by analysts. Revenue was also below forecasts, with sales impacted by pandemic-related closures. Dollar General (DG) – The
Data released from the National Institute of Health’s study of Gilead‘s (NASDAQ:GILD) treatment for the novel coronavirus, remdesivir, was quite positive. Indeed, a South Korean doctor who was involved in carrying out the study said that the reduction of mortality seen in novel coronavirus patients taking the drug was “meaningful.” That statement alone makes GILD