Unemployment rate is at its lowest rate for decades. Cresa CEO Jim Underhill said companies are turning to commercial real estate in cities that could attract millennial workers. He joins Seana Smith on The Ticker to discuss.WATCH »
FEATURES - MAIN U.S. stocks are ending the year on a high note. The S&P 500 index boasts a total return of 29% year to date—a great showing in the 11th year of an extraordinary bull market. With stocks near record highs, where can investors turn for 2020? Barron’s has identified 10 top stocks for the coming year, as it has every December for the past decade.
The question of how much can we earn without paying federal income taxes is relatively easy to answer for most people. The standard deduction for a married couple is $24,400 in 2019 (if both are under 65 years old), and the top of the 0% capital-gains tax bracket is $78,750. With our daughter, we also qualify for the child tax credit ($2,000), so we could actually generate another $13,333 per year in dividends or capital gains, taxed at 15%.
Using recent actions and grades from TheStreet's Quant Ratings and layering on technical analysis of the charts of those stocks, Trifecta Stocks identifies five names each Friday that look bearish. While we will not be weighing in with fundamental analysis we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Textron Inc. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
Buy equities, add U.S. agriculture and hedge against the 2020 U.S. presidential election — three of JP Morgan’s top trade picks for the year ahead.
Battered by company-specific issues, both are trading near multiyear lows. But two Occidental directors and one Chesapeake director recently bought up shares.
DEEP DIVE U.S. stocks with attractive dividend yields have performed very well this year, for obvious reasons: Interest rates have declined at home and investors in Europe and Japan — where government and central-bank policies have pushed bond yields well into the negative — are desperate to find investments that will give them income.
The best tech stocks to buy and watch are strong price performers with healthy fundamentals, thanks to a new product or service that's driving growth.
Amarin Corp.’s stock rises in the extended session Friday after being halted for half the trading day as the pharmaceutical company hikes its sales outlook following a Food and Drug Administration marketing approval that gives its drug Vascepa a wider use.
This past decade has delivered some of the best stock market returns in history, which unfortunately is a bad sign for the next 10 years, Mark Hulbert reports.
You’ve put money aside for retirement year after year, sometimes the max, sometimes less when you had expenses to pay. You’ve invested it well, so now you have a good enough nest egg to carry you through the next phase of your life — retirement. There are plenty of vehicles aimed specifically at investing for retirement, especially target-date funds, where fund managers reduce your stockholdings as your chosen retirement date draws near.
A Baltimore commercial real estate developer floored its 198 employees with a surprise $10 million bonus at the firm’s holiday party this past weekend. Fewer companies have been doling out performance-based bonuses in recent years, according to a survey from Challenger, Gray & Christmas, an outplacement firm. The Baltimore company, St. John Properties, was celebrating the overall production of 20 million square feet of office, retail and warehouse space, and awarded employees based on how many years they have worked at the 48-year-old company.
A shifting landscape in the logistic industry and mounting competition to make so-called last-mile deliveries are changing minds on Wall Street.
“All over the world, markets are falling love. Buy it. Buy it all,” Chris Rupkey, chief financial economist at MUFG tells clients.
The long-contested Nord Stream 2 has reached its final stages, and Germany is now speaking out against the U.S. over its opposition to the critical pipeline
The oil industry in North America has grown dramatically in the last decade. The rapid expansion of fracking technology has opened previously non-viable oil reserves, and discoveries of recoverable shale oil in Texas and the Dakotas have made the US into the world’s largest oil producer six years running. In fact, this past September, the US exported more crude oil than in imported – the first time that has happened since records began in 1949.The boom has not been without growing pains. Expansion of supplies on the market have pushed prices down, negatively impacting oil companies’ incomes and stock prices in recent months. Data for the first week of December showed a surprise build of 800,000 barrels in US stockpiles, a sharp reversal from the expected 2.8-million-barrel reduction. The news put further downward pressure on oil prices.But oil isn’t just a commodity, it’s a necessity in today’s world. According to Norwegian energy consulting firm Rystad, “North American shale supply will continue growing even in an environment with lower oil prices.” The firm sees shale production’s robust growth continuing into 2022.So, the main variable for oil prices heading into next year and beyond is likely to be demand. Oil producers and midstream suppliers will continue to see a profitable environment despite the headwinds as long as economic conditions remain firm. And given last week’s jobs report from the US, that looks to be a sound prediction for the near-term – making the energy sector attractive for investors.To help that along, we’ve used the TipRanks Stock Screener tool to pick out three energy sector players that fit a bullish investment profile. These are Strong Buy stocks with upside potentials exceeding 30%, and the recent price pressure in the oil markets has pushed share prices down, making them bargains to boot.WPX Energy (WPX)WPX is typical of the small- to medium-cap extraction companies that are hard at work exploiting the resources of Texas and North Dakota. WPX operates in the Bakken Formation, one of the early oil patches to benefit from the fracking revolution, but most of the company’s operations are centered in the Delaware Basin of West Texas, a component of the larger Permian Basin that holds the largest recoverable reserves in North America.Recoverable reserves are a key metric in the oil industry, defining the potential resources a company can tap for production and profit. WPX, in its two areas of operation, as more than 480 million barrels of oil equivalent in proved reserves, of which 61% is crude oil and the rest is split between natural gas and natural gas liquids. WPX operates over 700 wells on its land holdings.Strong reserves and strong production have made WPX profitable. The company brought in $2.3 billion in total revenues in calendar year 2018, with a net income exceeding $150 million. Turning to more recent financial results, WPX showed a Q3 EPS of 9 cents per share, missing the 7-cent forecast but beating the year-ago quarter’s 7 cents. Revenues were even better. The $795 million for the quarter beat the forecast by 25%, and beat the year-ago result by an even more impressive 64%.Wall Street is understandably sanguine about WPX shares looking forward. Neal Dingmann, from SunTrust Robinson, writes of the stock, “Given the company’s position as one of the strong operators in both the Williston and Delaware, in our opinion, we believe the company could look to act as a consolidator while noting we don’t see the need to make any large acquisitions in the next 6-12 months.”Dingmann backs up his Buy rating with a $16 price target, implying room for 47% growth on the upside. (To watch Dingmann’s track record, click here)The consensus view on WPX is a unanimous Strong Buy – 9 analysts have given this stock a Buy in recent months. The stock’s low price offers investors a chance to ‘buy the dip’ on a high-upside opportunity. Shares are priced at $10.89, and the average price target of $15.11 indicates potential for nearly 40% growth. (See WPX stock analysis on TipRanks)Liberty Oilfield Services (LBRT)Exploration, and proving reserves, is only part of the game in the oil business. Owning a barrel’s worth of oil is no use if it can’t be brought to the surface and shipped to market. This is where the oilfield service companies step in. Production companies own wells and drilling machinery and technology; the services companies provide the specialized equipment, tech, and know-how to conduct fracking operations and activate the wells.Liberty occupies this niche. The company supplies the water, sand, chemicals, piping equipment, and engineering knowledge to conduct and maintain fracking operations. It’s a difficult sector in which to operate. Overhead is high, while income can vary based on the price oil, and LBRT has seen both top-line revenues and bottom-line EPS decline year-over-year. In the recent Q3 report, the company showed revenues of $515 million, 1.3% below the forecast, and EPS of 15 cents, 44% below expectations.The poor quarterly results, released at the end of October, hurt share prices, temporarily pushing the stock down by 11%. Share price has since recovered, and surpassed the pre-report values. On a high note, from an investor’s perspective, the current EPS is more enough to sustain the company’s quarterly dividend payout of 5 cents per share. Annualized, this gives LBRT a dividend yield of 2.1%, higher than the average yield among S&P listed companies.Analyzing the company for JPMorgan, analyst Sean Meakim sets out a bullish case: “The company’s differentiated focus on technology, data analytics, and talent has allowed it to deliver peer-leading profitability and return metrics through the cycle… Liberty’s strong customer relationships should help the company maintain margins above the peer group.”Meakim gives LBRT a Buy rating with a $12 price target, indicating confidence in an 18% upside. (To watch Meakim’s track record, click here)With 6 Buy and 1 Hold ratings given in the past 3 months, LBRT stock gets a Strong Buy from the analyst consensus. The stock’s recent headwinds have pushed the share price down to an affordable $10.62, offering a low point of entry for investors. The average price target of $14.07 suggests an upside potential of 33%. (See Liberty stock analysis on TipRanks)Cheniere Energy (LNG)Petroleum isn’t the only product that comes out of oil wells. Oil patches product natural gas and related products in large quantities, sometimes even exceeding the percentage of oil extracted. The flood of natural gas into the markets has driven a revolution in clean energy, as gas burns cleaner than oil. Increased use of natural gas has helped the US to greatly reduce carbon emissions in recent years.Cheniere Energy, based in Texas, is a leading producer of liquefied natural gas (LNG). Liquified gas is less volatile and more easily transported than the gaseous product, and is the chief form in which gas is conveyed to market. Cheniere buys gas from producers, liquifies the product, and loads it onto ocean-going vessels. The company also owns rail cars and pipelines for overland transport within the US. Cheniere has been exporting LNG from the US since 2016, when it became the first company to do so.Falling prices, the flip side of high production, have pushed the company into net loss in the last two quarters. In Q3, the company showed an EPS net loss of $1.25, a severe blow when compared to the expected 8-cent per share profit. Revenues, however, were up, at $2.17 billion beating the estimate by 2.4% and gaining 19% year-over-year.LNG has a great deal of potential, however, even in a low-price regime. Wolfe analyst Steve Fleishman says of the stock, “We believe that upsides are underappreciated by the market including at least one more train and a reversion to wider global gas spreads. We also expect new management to boost visibility and focus on operations and capital efficiency.” Fleisman puts an Outperform rating and $80 price target on LNG, indicating his confidence and a 36% upside. (To watch Fleishman’s track record, click here)5-star analyst Elvira Scotto, of RBC Capital, agrees that LNG is a Buy proposition. She wrote, in a note last month, “We believe LNG can generate highly visible cash flow growth and return significant cash to shareholders via buybacks and dividends longer-term.” In line with her Buy rating, Scotto sets an $84 target on the stock, suggesting a 38% upside potential. (To watch Scotto’s track record, click here)All in all, this natural gas has earned one of the best analyst consensus ratings on the Street. Out of 10 analysts tracked in the last 3 months, 9 are bullish on LNG’s prospects, with just 1 on the sidelines, highlighting a strong bullish backing here. With a healthy return potential of 31%, the stock’s consensus target price stands at $79.80.Check out these 5 ‘Strong Buy’ stocks that top Wall Street analysts recommend.
This weekend's Barron's cover story looks at what's ahead for the markets in 2020. Other featured articles offer 10 best picks for 2020 and take a second look at "buy low, sell high." Also, the ...
These places promise that you'll keep more of your paycheck.
Buffett’s real estate brokerage, Berkshire Hathaway HomeServices, lost one of its biggest stars to rival Keller Williams Realty in its own backyard.
AT&T Inc. said Friday its board has agreed to increase its quarterly dividend by 2% to 52 cents a share. The new dividend is payable Feb. 3 to shareholders of record as of Jan. 10. The company said it has begun retiring shares after entering a $4 billion accelerated share repurchase program and plans to retire about $100 million worth in the first quarter of 2020. AT&T is also on track to hit its 2019 net debt-to-adjusted EBITDA ratio target in the 2.5 times range and expects its leverage ratio to range from 2.0 times to 2.25 times by the end of 2022. Shares were slightly lower Friday, but have gained 34% in 2019, while the S&P 500 has gained 26%.
If you plan to retire within the next 10 years, you still have time to boost your 401(k) contributions and make these other moves to increase your savings.
The Roth IRA 5-year rule applies in three situations and dictates whether withdrawals get dinged with penalties.
If you’re a gutsy contrarian investor, consider betting that Walgreens Boots Alliance will have a far better 2020 than it has this year. Instead, the reason you might want to consider Walgreen’s (WBA) stock in 2020 is because it’s the worst year-to-date performer in the Dow Jones Industrial Average (DJIA) , with a loss (per FactSet) of 11.5% (through Dec. 6). Betting on a reversal from year-to-year performance is not as crazy as you might think.
Strategists see modest gains ahead for stocks in 2020, supported by a stable economy, accommodative monetary policy, and a pickup in manufacturing.