There is a laundry list of worries that are starting to jump on the plates of investors, not the least of which was confirmed by the Federal Reserve meeting this week, where it became pretty clear we will have a total of four rate increases in 2018 as opposed to three. Toss in the worries over the trade tariffs, which now look like they will be imposed in early July, and there are plenty of reasons....More>>>
When Costco Wholesale (COST) announced its fiscal first-quarter earnings in December, its shares rose 1.3%, despite initial disappointment. And next month, Costco will release its December sales, which should show whether that reaction was justified. Baird’s Peter Benedict and team offer a preview:
Modeling December “core” comps (ex-gas/FX) of 2%-3% (reported....More>>>
The stock market kept performing well on Monday, and the Dow Jones Industrials posted its 12th straight all-time record high. Market sentiment was sunny following the release of Warren Buffett’s annual shareholder letter over the weekend, and the Oracle of Omaha made positive comments about the sustainability of the current bull market, which was able to overcome early declines in the major....More>>>
There doesn’t seem to be much that’s spooking investors these days. Ever-rising geopolitical tensions loom over a roiling White House and stymied Congress. Yet, the markets remain eerily calm. Volatility continues to be low and consumer sentiment is high. The market is widely considered to be pricey, but the extended bull market seems to be keeping investors pretty upbeat.
Apple will generate significant profits and sales growth over the next three years, according to one Wall Street firm.
D.A. Davidson initiated coverage for Apple shares with a buy rating, citing the company’s leadership position in the smartphone market.
“With an eye for design, strong share in the premium (high margin) markets for smartphones and a growing (but select)....More>>>
Synnex Corp (NYSE:SNX) files its latest 10-K with SEC for the fiscal year ended on November 30, 2017. Synnex Corp is a business process services company, providing a comprehensive range of distribution, logistics and integration services. The Company operates in two segments: Technology Solutions and Concentrix. Synnex Corp has a market cap of $4.88 billion; its shares were traded at around $122.17....More>>>
Ziopharm Oncology (NASDAQ:ZIOP) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report released on Saturday.
According to Zacks, “ZIOPHARM Oncology, Inc. is a biopharmaceutical company engaged in the development and commercialization of a diverse, risk-sensitive portfolio of in-licensed cancer drugs to address....More>>>
As we close out 2017, it’s good to remind ourselves of what worked, and what didn’t. This past year, though, makes this introspective exercise rather tricky. Although Wall Street early on forecasted a rough 2017, the end result was quite the opposite. Benchmark indices hit all-time records, while most sectors witnessed tremendous optimism. Who needs dividend stocks at a time like this?
Retirees should generally invest in companies with wide moats and solid dividends. In a previous article, I noted that AT&T and Unilever were easy-to-understand companies that were ideal for most retirement portfolios. Today, I’ll add two more companies to that list — alcoholic beverage giants Diageo (NYSE:DEO) and Anheuser-Busch InBev (NYSE:BUD).
Chairman, CEO & President of American Assets Trust Inc (NYSE:AAT) Ernest S Rady bought 47,562 shares of AAT on 05/09/2018 at an average price of $34.9 a share. The total cost of this purchase was $1.7 million.
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company mainly invests in, operates, and develops retail, office, residential,....More>>>