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.
Stocks to Avoid
In the midst of a much-needed turnaround and upcoming name change, one very well-known pharmaceutical company just suffered a setback on a new drug. And with an astonishing level of debt, investors might have got too carried away with the story. A simple name change won’t fix this stock.
President Trump is at it again… on June 13, he again blamed OPEC for the rising price of oil. In a tweet he said, “Oil prices are too high, OPEC is at it again. Not good!”. This follows a similar tweet on April 20 when President Trump said “oil prices are artificially Very High” due […]
For millennia now humans have known that a leopard cannot change its spots and a tiger cannot change its stripes. The same holds true when it comes to corporate behavior. . .Facebook (Nasdaq: FB) just can’t stop giving away your personal data for profit. Not surprising considering its corporate culture was laid down by Mark […]
The great migration from dial-up and landlines to broadband and wireless was supposed to be a boon for companies like today’s feature. But amid declining subscribers, revenue, earnings, and cash, plus a sky-high debt-load, the dividend is dead and its future looks bleak.
There are certain things that everyone needs, no matter what’s going on in the world or how the economy is faring. Think food, water, electricity, etc. There are also certain less critical vices that remain popular, regardless of what’s happening in the world. Think booze and tobacco, for example. When it comes to building a […]
If 13 is a traditionally unlucky number, be particularly aware of a company that pitches a 13% dividend yield at you. Some unwitting investors see a flashy number like that and get sucked in. But you know what they say… if something seems too good to be true, it probably is. And in this case, […]
After a decade of zero percent short term rates and 2.0 to 2.5% long term Treasury rates, the interest rate yield curve has started to make dramatic shifts. The financial news coverage seems to shift daily between the dangers of a flat yield curve and the dangers of a rising yield on the 10-year Treasury. […]
Ynon Kreiz is obviously a man who’s up for a challenge. The 53-year-old Israeli just took over as CEO of toymaker Mattel Inc. (Nasdaq: MAT). And talk about a baptism by fire. His first official day on the job was April 26 – the day Mattel reported its first-quarter earnings. It’s a tough gig, with […]
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 […]