Wall Street seemed happy to get the second quarter -- especially the month of June -- behind it on Monday. The Dow Jones Industrial Average (DJINDICES: ^DJI ) was up more than 150 points for much of the day after manufacturing data from the U.S. and Japan indicated that global industry is rebounding. Bullish data alone often drives equities higher, but investors anxiously awaiting the beginning of earnings season next week may also contribute to some speculative gains this week. By day's end, the Dow had risen 65 points, or 0.4%, ending at 14,974.
The biggest blue chip beneficiary of Monday's manufacturing rally was United Technologies (NYSE: UTX ) , which added nearly 2%. Sentiment from Japan's biggest industrials shifted from largely negative to mildly optimistic in June, and that important swing was mirrored in the U.S., where manufacturing activity swung from contraction to expansion.
Property and casualty insurance giant Travelers (NYSE: TRV ) ended as the second-biggest Dow gainer, tacking on 1.5%. There wasn't any major catalyst behind today's gains, but shares sure don't look too bad at these levels. The stock seems cheap: It trades at just over 10 times forward earnings, and pays a 2.5% dividend -- the same yield as 10-year Treasury notes.
Best Blue Chip Stocks To Own For 2015: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By Jay Jenkins]
For the technology to really go mainstream, it needs consumer-side products to support it (cue�Square and PayPal�(subsidiary of eBay (NASDAQ: EBAY ) ), it needs infrastructure to transmit the data (looking at you,�MasterCard (NYSE: MA ) and Visa (NYSE: V ) ), and it needs vendor-side hardware to close the loop (uh, hmm...�VeriFone (NYSE: PAY ) ).
- [By Ben Levisohn]
The S&P 500 dropped 0.5% to 1,781.56 as Xerox (XRX) and E*Trade Financial (ETFC) fell. The�Dow Jones Industrial Average outperformed for once: Blue chips fell 0.3% to 15,837.88 as Caterpillar’s (CAT) big gain helped mitigate the big drops in Visa (V) and Goldman Sachs (GS). Still, the Dow fell for a fifth consecutive day, its longest slide since Dec. 5, 2013.
Best Blue Chip Stocks To Own For 2015: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is based in Armonk, New York.
Advisors' Opinion:- [By Travis Hoium]
IBM's (NYSE: IBM ) 1.5% move higher is having a large impact on the Dow's move because it's the highest price stock in a price-weighted index. CEO Virginia Rometty sent out a company-wide memo saying that the company needs to move faster and respond more quickly to customers. IBM issued a disappointing earnings report last week, and Rometty is trying to get the company's financial fortunes back on track. It'll take a few quarters to find out if she's successful.
Top Transportation Stocks To Watch Right Now: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Advisors' Opinion:- [By Chris Neiger]
What's scary for tech companies is that they rarely see a fall like this coming. For BlackBerry, Apple's (NASDAQ: AAPL ) iPhone helped push the all-consuming Crackberries into irrelevance. If history is any predictor of the future, then one of our current beloved technologies could be on the chopping block in the coming years.
- [By Tim Beyers]
Yahoo! (NASDAQ: YHOO ) stock has been rallying ever since rumors of a closer relationship with Apple (NASDAQ: AAPL ) first surfaced last Tuesday in a report by The Wall Street Journal.
Best Blue Chip Stocks To Own For 2015: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Lu Wang]
McDonald�� (MCD) declined 2.6 percent to $100.20 for the worst retreat in the Dow. The world�� biggest restaurant chain said sales at stores open at least 13 months fell 0.6 percent in April as growth slowed in its Asia-Pacific region. Analysts estimated a 0.5 percent drop, the average of estimates from Consensus Metrix.
- [By Daniela Pylypczak]
Wells Fargo announced on Monday that it has lowered its price target on McDonald’s (MCD) from $105-$110 to $102-$106. Wells Fargo also maintained its outperform rating on the fast food company.
The lower price target comes after McDonald’s reported its third quarter earnings results; EPS came in at $1.52 per share – above analyst expectations, while revenues came in slightly below expectations at $7.32 billion.
Wells Fargo also lowered its 2013 EPS estimate for McDonald’s from $5.58 to $5.55. For its 2014 estimates, EPS is now expected to come in at $5.97, down from the previous estimate of $6.15.
Wells Fargo analyst Jeff Farmer noted “While we’re disappointed with MCD�� Q4 SSS and margin outlook, we’re maintaining our Outperform rating based on our expectation for MCD to reaccelerate market share gains in 2014 as the company continues to refine its strategic focus on both new product introductions and affordability.”
McDonald’s shares slipped 0.64% during Monday’s session. Year-to-date, the stock is up 5.64%.
- [By Dividend Growth Investor]
After all, a company like McDonald�� (MCD) would keep being in the restaurant business for as long as possible. Its business model of delivering a consistent customer experience on a global scale should not change much. Its expansion might come not just by opening new stores internationally however, but by renovating existing locations, innovations in its menu and attracting new customers from a young age. These megatrends do not happen overnight, and would likely take years to develop. Another example includes Wal-Mart (WMT), which is the world�� largest retailer. While the company has largely saturated US market, it could grow substantially abroad. In addition, it could also grow organically by making stores more appealing to consumers. At the same time, if investors use the company�� product or service in their everyday lives, they might gain an insider�� look at things, even before the annual reports are out.
Best Blue Chip Stocks To Own For 2015: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
Advisors' Opinion:- [By GuruFocus]
Philip Morris International Inc. (PM) Reached the 52-Week Low of $80.78
The prices of Philip Morris International Inc. (PM) shares have declined to close to the 52-week low of $80.78, which is 16.5% off the 52-week high of $96.73. Philip Morris International Inc. is owned by 33 Gurus we are tracking. Among them, 17 have added to their positions during the past quarter. Seven reduced their positions. Philip Morris International Inc. is a Virginia holding company first incorporated in 1987. Philip Morris International Inc. has a market cap of $129.42 billion; its shares were traded at around $80.78 with a P/E ratio of 15.20 and P/S ratio of 1.70. The dividend yield of Philip Morris International Inc. stocks is 4.40%. Philip Morris International Inc. had an annual average earnings growth of 14.50% over the past five years.
- [By Laura Brodbeck]
Thursday
Earnings Expected From: United Health Group Incorporated (NYSE: UNH), Mattel, Inc. (NASDAQ: MAT), General Electric Company (NYSE: GE), Fifth Third Bancorp (NASDAQ: FITB), Philip Morris Inc (NYSE: PM), Pepsico, Inc. (NYSE: PEP), Goldman Sachs Group, Inc. (NYSE: GS), Chipotle Mexican Grill, Inc. (NYSE: CMG), American Express Company (NYSE: AXP) Economic Releases Expected: �German PPI, Canadian CPI, Chinese house price dataFriday
- [By Ben Levisohn]
Phillip Morris (PM) gained 2.8% to $86.56 after boosting its dividend by 10.6%.
Restoration Hardware (RH) dropped 12% to $68.04 despite what many considered to be a solid earnings�report. Not Barron’s.
Best Blue Chip Stocks To Own For 2015: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Advisors' Opinion:- [By Charley Blaine]
Apple (NASDAQ: AAPL) reports fiscal-fourth-quarter results after Monday's close. Starbucks (NASDAQ: SBUX) reports after Wednesday's close. Oil giants Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) report on Thursday and Friday, respectively.
No comments:
Post a Comment