This Dow Jones mainstay pays a nice dividend… but its sluggish sales and share price struggles offset the payouts. And with earnings set to decline and commodity prices rising and trade tariffs kicking in, it’s an uphill battle.
Blue Chip Stocks
One of America’s oldest, household-name companies is on the ropes. Amid sluggish sales and profits, plus massive debt, it’s undergoing a full strategic business review ahead of a potential sale. But despite buyout rumors, here’s why you should steer clear.
The conversation started when daughter Holly asked, “Are you really going to drive for over six hours to meet a guy for lunch?” “Yep!” I said. My wife Jo chimed in, “Dennis is good friends with Chuck Butler who retired from EverBank and writes the Daily Pfennig. They will probably spend 1 1/2 hours solving […]
Apple’s annual developers conference kicks off on June 4. Apple watchers always keep a close eye on the conference for a sense of the company’s priorities for the next year. In the past, Apple has used the conference to roll out new products for developers to build augmented reality applications, medical research apps and more. […]
This week I have been giving presentations to investors attending the Las Vegas MoneyShow. One of the great parts of what I do at the show is meeting subscribers to my newsletter. My first presentation was a joint discussion of dividend investment strategies with Kelley Wright. Further below I’ll share some of rights top stock […]
There is no other company like Amazon.com (Nasdaq: AMZN), whose presence is becoming ubiquitous in so many segments of the U.S. economy. It’s almost easier to enumerate the sectors it is not getting into than the ones it is. One such sector is the financial sector, where I shared with you in March that Amazon […]
The current U.S. corporate earnings season is the best seen since the third quarter of 2010. With just over half of the S&P 500 companies having reported, the largest U.S. companies are on course to post earnings per share growth of 23.2% from a year ago, according to FactSet But apparently, the best growth in […]
Want a contrarian play? Check out the retail sector. This year, retail stocks – represented by the S&P 500 Retail Index (RLX) – are up 14.3%. By contrast, the S&P 500 has barely budged. The gap between the two indexes actually began to widen in November 2017 – around the holiday season. You might be […]
It’s a dilemma investors face every day… When a stock falls, do you try to profit by buying shares on the dip, or dodge the downward momentum? The difference between the two can be large – and expensive. Today, I’m going to focus on a wise investment adage: “Don’t try to catch a falling knife.” […]
Early this week, negative news about Facebook (Nasdaq: FB) helped to pull down its share price and many of the other tech stocks. The last six weeks have shown that the formerly high-flying, never-go-down tech stocks can actually go down. Continued stellar share price gains are no longer a foregone conclusion. On the other side, […]