U.S. stocks edged higher today, with five benchmark indices all closing at record levels as oil prices climbed higher.
It didnt take much to set those records. The S&P 500 jumped 16.29 points, or 0.75%, to close at 2,198.19. The Dow Jones Industrials ended at 18,956.83 after climbing 88.83 points, or 0.5%, and the Nasdaq Composite rallied 47.35 points, or 0.9%, to 5,368.86.
And the small-cap focused Russell 2000 gained 3.59 points, or 0.3%, to close at 1,319.25, and the S&P Midcap 400, gained 10.74 points, or 0.67 to finish at 1,616.67.
Stocks have jumped higher over the past two weeks, since the U.S. presidential election, with investors racing in the belief that President-elect Donald trump’s proposed policies would benefit energy companies, banks and industrials.
Crude oil prices hit three-week highs today on expectations that OPEC will strike a deal for production cuts at its meeting next week.
what did the market close at today: CNH Industrial N.V.(CNHI)
- [By Ben Levisohn]
I wrote bullishly about Deere (DE) back in December, and since then the stock has done…not much, gaining 4.8% to the S&P 500′s 4.1% rise. So I’ve tried to stay on top of the stock, both the bullish calls and the bearish ones–and today, I have another bear to add to the list. That would be JPMorgan’s Ann Duignan, who reiterated her Underweight rating on Deere today, as well as CNH Industrial (CNHI) and Agco (AGCO). She explains why:
what did the market close at today: Welltower Inc.(HCN)
- [By Michael Flannelly]
Early on Tuesday, Goldman Sachs analysts resumed coverage on Health Care REIT, Inc (HCN), giving the company a tepid rating due to lower-than-average earnings growth expectations.
The analysts rate HCN as “Neutral” and see shares reaching $61. This price target suggests a slight downside to the stock’s Monday closing price of $62.81.
Goldman Sachs analyst Andrew Rosivach said, “The price target is based on a target 2018E AFFO multiple in line with our sector average, which is warranted given the companys high-quality portfolio, but an estimated lower-than-average earnings growth.”
Health Care REIT shares were up 25 cents, or 0.40%, during early morning trading on Tuesday. The stock is up 2.37% year-to-date.
what did the market close at today: Texas Instruments Incorporated(TXN)
- [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 Jim Cramer]
TEXAS INSTRUMENTS INC reported flat earnings per share in the most recent quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, TEXAS INSTRUMENTS INC increased its bottom line by earning $2.58 versus $1.92 in the prior year. This year, the market expects an improvement in earnings ($2.72 versus $2.58).
- [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 WWW.MONEYSHOW.COM]
We reprise five of last year’s components: Boeing (BA), CVS Health (CVS), International Business Machines (IBM), Omnicom Group (OMC) and Texas Instruments (TXN), which means they obviously are buys.
- [By Dividends4Life]
Texas Instruments Inc. (TXN) engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. September 19th the company increased its quarterly dividend 7% to $0.30 per share. The dividend is payable November 18, 2013, to stockholders of record on October 31, 2013. The yield based on the new payout is 3.9%.
what did the market close at today: Veeva Systems Inc.(VEEV)
- [By Brian Stoffel]
To say that Veeva Systems (NYSE:VEEV) has performed well as a publicly traded company would be an understatement. While the stock itself is actually down since its post-IPO days, the company’s fundamentals have vastly improved during that time frame.
- [By Keith Speights, Brian Stoffel, and George Budwell]
Healthcare is changing rapidly. Which companies will emerge as the huge winners with these major changes? We asked three of our healthcare contributors to weigh in on the subject. Here’s whyAbbVie (NYSE:ABBV),Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), Johnson & Johnson (NYSE:JNJ), and Veeva Systems (NYSE:VEEV) could represent bold bets on the future of healthcare.
- [By Jim Robertson]
Today, our Elite Opportunity Pronewsletter suggested mid cap global life sciencescloud-based software solutions stock Veeva Systems Inc (NYSE: VEEV) as a bullish long trade for investors who have patience:
- [By Lisa Levin]
Veeva Systems Inc (NYSE: VEEV) shares shot up 9 percent to $32.30 after the company reported better-than-expected results for the first quarter and issued a strong revenue forecast for the year.