No company’s market cap has ever reached $800 billion. Apple Inc. (NASDAQ: AAPL) is about to touch that goal. It only has to go 9% higher. And, based on the stock surge this year and speculation that the iPhone 8 will trigger unprecedented demand for the smartphone, it may breach that level soon.
Apple has posted the largest increase in share price this year of any component of the Dow Jones Industrial Average. It trades 20% higher than at the start of 2017, at a record price of $139. The Dow has risen only 6% to 20,954.
A number of securities analysts who cover Apple have prices targets well in excess of its current price. As just one example, Rob Cihra of Guggenheim Securities recently raised his price target from $150 to $180. Manyanalysts have price targets in excess of the $150 level.
There are two primary mitigating factors to a continued run up in Apple’s share price. One is the quarterly earnings report at the end of April. The most recent quarter set a high hurdle, which analysts do not think the company can approach again soon. This is because it was the period that includes the year-end shopping season. Revenue was $79 million, and Apple sold 78.3 million iPhones. Its forecast for the current quarter:
stock market trader: Mastercard Incorporated(MA)
- [By WWW.KIPLINGER.COM]
Visas not alone when it comes to being a dividend miser. Rival MasterCard Inc (MA) is every bit as bad.
MasterCards dividend payout ratio is an extremely low 21%, and its dividend yield is a pitiful 0.8%. I suppose that might be competitive with a savings account these days. But its less than half the dividend yield of the S&P 500, and theres just no excuse for that.
- [By Matthew Cochrane]
Mastercard Inc’s (NYSE:MA) shares are now near all-time highs, as its consistent and steady growth has driven the stock to amazing heights since its IPO a little more than a decade ago. Since going public, Mastercard’s stock price has skyrocketed more than 2,400%! More recent investors have nothing to complain about either as shares have increased nearly 13% year-to-date. Its recent quarter is just another impressive benchmark in its life as a public company.
- [By Brian Feroldi, Dan Caplinger, Rich Duprey, Jason Hall, and Jordan Wathen]
In order to point you in the right direction, we asked a team of Fools to highlight a dividend stock that they feel is a great stock for a beginner. Read on to see why they picked AT&T (NYSE:T),Apple (NASDAQ:AAPL),Anheuser-Busch InBev(NYSE:BUD), Mastercard(NYSE:MA), andJPMorgan Chase(NYSE:JPM).
- [By WWW.THESTREET.COM]
This one could be the easiest of advances, both because credit losses are down big and because its credit-card brethren — Capital One Financial, Discover, Visa (V) and MasterCard (MA) — have all had significant rallies. I actually regard this stock as inexpensive and think it can be bought here now that it has fully absorbed the loss of the Costco (COST) business to Visa and Citigroup (C) .
- [By WWW.GURUFOCUS.COM]
For the details of Night Owl Capital Management, LLC’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Night+Owl+Capital+Management%2C+LLC
These are the top 5 holdings of Night Owl Capital Management, LLCVisa Inc (V) – 231,674 shares, 10.84% of the total portfolio. Shares reduced by 5.42%Mastercard Inc (MA) – 167,458 shares, 9.92% of the total portfolio. Shares reduced by 5.37%Alphabet Inc (GOOG) – 18,613 shares, 8.13% of the total portfolio. Shares reduced by 4.05%Amazon.com Inc (AMZN) – 15,674 shares, 7.32% of the total portfolio. Shares reduced by 3.17%The Priceline Group Inc (PCLN) – 6,970 shares,
stock market trader: Texas Instruments Incorporated(TXN)
- [By Lee Jackson]
This old-school chip tech company was out of favor but has come back solid.Texas Instruments Inc. (NASDAQ: TXN) is a global semiconductor design and manufacturing company that develops analog integrated circuits and embedded processors.
- [By Jim Cramer]
Net operating cash flow has slightly increased to $1,409.00 million or 1.87% when compared to the same quarter last year. In addition, TEXAS INSTRUMENTS INC has also modestly surpassed the industry average cash flow growth rate of -5.51%.
- [By WWW.THESTREET.COM]
Xilinx makes programmable logic chips that are used in a multitude of applications, from autos and defense to the data center. Cramer said with all of the takeover activity in the semiconductor space, he could see Xilinx becoming a target for the likes of Texas Instruments (TXN) or Micron Technologies (MU) , which may be looking to diversify away from cell phone chips.
- [By Laurie Kulikowski]
We rate TEXAS INSTRUMENTS INC as a Buy with a ratings score of A+. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations, solid stock price performance and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- [By JPMorgan]
We continue to favor TXN on margin performance, broad end-market exposure, cash generation and capital return strategy. We anticipate further gross margin upside as product mix becomes richer and as more products are manufactured at TI’s 300mm fab over time (move to 300mm over time should drive 15% product cost reductions). TI’s end-market diversification is paying off as weaker end-markets are being offset by stronger end-markets. With disciplined capital expenditures, TI continues to generate significant cash and will likely continue its 100% target payout ratio. TI’s dividend yield of 2.6% is near its three-year average and the company has grown its dividend in each of the past five years.
stock market trader: Actinium Pharmaceuticals, Inc.(ATNM)
- [By Lisa Levin]
Shares of Actinium Pharmaceuticals Inc (NYSE: ATNM) were down 24 percent to $1.29. Actinium priced 8 million shares at $1.25 per share.
Shineco Inc (NASDAQ: TYHT) was down, falling around 32 percent to $19.50. On Wednesday, Shineco priced IPO at $4.50 per share.
stock market trader: General Motors Company(GM)
- [By Daniel Miller]
In fairness, it’s difficult to compare Tesla’s valuation metrics with that of other automakers because the companies are wildly different and at different stages of growth. Still, the numbers are ridiculous. Tesla’s price-to-book and price-to-sales ratios check in at 10.4 and 6.2, respectively. Meanwhile, Ford Motor Company’s (NYSE:F) price-to-book and price-to-sales are 1.5 and 0.3; General Motors’ (NYSE:GM)are a similar 1.2 and 0.3. Tesla’s market capitalization has skyrocketed into the stratosphere to eclipse Ford’s at $44 billion, and is currently matching General Motors’ near $51 billion — that’s insanity.
- [By Daniel Miller]
In one of the bigger moves the automotive industry has seen in recent years, General Motors (NYSE:GM) had previously been reported to be in advanced talks with PSA Group to sell its long-struggling and unprofitable European operations. Both groups agreed to be in talks last week, but it appears there might be a little snag: pensions.
- [By Ben Levisohn]
U.S. automakers Ford Motor (F) and General Motors (GM) reported their December U.S. sales today–and went a long way towards dispelling concerns that sales were headed for a rapid decline. The numbers were good enough, in fact, that CFRA Research’s Efraim Levy kept his Strong Buy rating on General motors. He explains why:
- [By Shanthi Rexaline]
Should General Motors Company (NYSE: GM) split its stock? According to David Einhorn-founded hedge fund Greenlight Capital in a recent presentation, there’s a case for two classes of GM shares to unlock value.
- [By WWW.THESTREET.COM]
Unsurprisingly, this rising level of auto luxury has come alongside a surging stock market that has buyers willingly plunking down their credit card or some cold hard cash to get a new toy. The same thing could be applied to non-luxury cars, say mid-size sedans from Ford (F) , Toyota (TM) and General Motors (GM) . They are receiving hosts of new features that have caused buyers to reach deeper into their pocketbooks. Meanwhile, it’s also causing people to trade in their cars more often than they would have in the past, in order to stay up to date. A Ford Focus has turned into nothing more than an Apple (AAPL) iPhone that has to be upgraded every few years.
stock market trader: iAnthus Capital Holdings, Inc. (ITHUF)
- [By Javier Hasse]
The Green Solution received a $7.5 million loan facility from iAnthus Capital Holdings Inc (OTC: ITHUF).
“This was also to accelerate expansion within Colorado and going into other states nation-wide.”
Valens Groworks Corp (CNSX: VGW), a Canadian post-inspection applicant for cannabis cultivation and processing, raised C$500,000 ($381,431) under a convertible note to meet acquisition and expansion obligations.
stock market trader: PriceSmart, Inc.(PSMT)
- [By Monica Gerson]
Wall Street expects PriceSmart, Inc. (NASDAQ: PSMT) to post its quarterly earnings at $0.88 per share on revenue of $775.12 million. PriceSmart shares rose 0.01 percent to $82.84 in after-hours trading.
- [By Monica Gerson]
PriceSmart, Inc. (NASDAQ: PSMT) is projected to post its quarterly earnings at $0.88 per share on revenue of $775.12 million.
Ruby Tuesday, Inc. (NYSE: RT) is expected to post its quarterly earnings at $0.05 per share on revenue of $284.14 million.
- [By Demitrios Kalogeropoulos]
As for individual stocks, PriceSmart (NASDAQ:PSMT) and Ryerson (NYSE:RYI)attracted heavy investor interest in the wake of their quarterly earnings reports.