Motilal Oswal's research report on LIC Housing Finance
Our strategist recently increased the weightage of LIC Housing Finance (LICHF) in our model portfolio. In our view, after a span of two years, the business environment is turning favorable for LICHF. With liquidity tightening,
Banking and financial services stocks have been key drivers of the current rally that has led benchmark indices to fresh six-month highs. The up move has been fuelled by hopes of Modi's return at the Centre and renewed FII inflow.
Bank Nifty has rallied 10 percent in March so far and f
Federated Investors Inc. PA cut its position in Sanderson Farms, Inc. (NASDAQ:SAFM) by 71.5% in the first quarter, HoldingsChannel reports. The firm owned 20,286 shares of the company’s stock after selling 51,010 shares during the quarter. Federated Investors Inc. PA’s holdings in Sanderson Farms were worth $2,415,000 at the end of the most recent reporting period.
One thing that would really help banks right now are higher interest rates. But just how much they’d help depends on the bank.
In Wells Fargo’s (NYSE:WFC) case, a 100-basis-point increase in both short- and long-term rates would bolster its net interest income by between 2% and 5% over the 12 months following the increase. Given that the California-based bank generated $47.8 billion....More>>>
Celgene (NASDAQ: CELG) is a more than $80 billion biotech company that hurt its investors in late October, after a difficult environment forced the company to cut its growth forecasts. However, the company operates in growing markets, and still has what’s arguably the best portfolio of assets in the biotech industry. Its market-leading portfolio, especially after its acquisition of Impact....More>>>
Investment company Wealthsource Partners, Llc buys iShares 7-10 Year Treasury Bond ETF, iShares Edge MSCI USA Momentum Factor, iShares J.P. Morgan USD Emerging Markets Bond ETF, iShares Latin America 40, SPDR Select Sector Fund – Financial, ProShares Short Dow30, iShares U.S. Preferred Stock ETF, iShares MSCI EAFE Growth, iShares MSCI EAFE Value, Teucrium Corn Fund ETV, sells SPDR MSCI ACWI....More>>>
Gold is off nearly 10% since the Nov. 8 election. The Dow Jones Industrial Average is clambering toward 20,000a major milestone for the blue-chip gauge as Wall Street grows euphoric over assets considered risky.
But this isnt the stock market Peter Schiff envisioned when he started scooping up metals and mining shares amid repeated warnings of hard times ahead for equity markets.
You can get electric cars, SUVs and trucks. Soon, you could be seeing electric Winnebagos.
There’s no word, yet, on when you could be spending the night in one.
Winnebago is famous for campers, but the first electric Winnebago models won’t be recreational vehicles. Instead, Winnebago’s first plug-in models are intended to be used locally for things like mobile....More>>>
Source: ThinkstockJanuary 9, 2018: The S&P 500 closed up 0.1% at 2,751.46. The DJIA closed up 0.4% at 25,387.17. Separately, the Nasdaq was up 0.1% at 7,163.58.
Tuesday was another positive day for the markets, with all three of the major exchanges hitting all-time highs yet again. With earnings season just around the corner, we will finally get to see if the fundamentals are backing....More>>>
Whole Foods Market, Inc. (NASDAQ:WFM) shares are surging higher on Monday on reports that grocery chain Albertsons is exploring a takeover bid. WFM stock is up roughly 3%, capping a 20%-plus rise out of its March low.
Albertsons is owned by private-equity firm Cerberus Capital Management, who reportedly held preliminary talks with bankers on an offer, according to Financial Times.
National Western Life (NASDAQ: NWLI) and Brighthouse Financial (NASDAQ:BHF) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, risk, profitability and dividends.
After a whirlwind week of new schedule reveals, surprise cancellations and buzzwords, the 2018 upfronts are done. It was an interesting week, and perhaps one of the more unpredictable ones in recent years. Now though, it's up to the advertisers to ultimately d
BlackRock (BLK) is a leading asset manager with good growth prospects and is adapting its business to structural changes within the industry, but this seems to be already reflected in its valuation. Even though BlackRock is a good company, a lower share price is desirable to enter into a long p