NEW YORK, NY--(Marketwire - Feb 21, 2013) - The S&P 500 Index has continued its surge throughout this earnings and has topped the 1500 mark for the first time in five years. The S&P Index has posted a gain of nearly 7 percent year-to-date. Five Star Equities examines the outlook for companies in the S&P 500 Index and provides equity research on Best Buy Co., Inc. (
Access to the full company reports can be found at:
Signs of an improving U.S. economy combined with a relatively strong earnings season has helped fuel the S&P Index's rally in the early parts of 2013. Of the 354 companies in the S&P 500 Index that have reported earnings this year approximately 74 percent have exceeded profit projections, according to data from Bloomberg.
"The early months of any year are often seasonally strong for the stock market, and this year was no exception," said Lawrence Creatura, portfolio manager at Federated Investors, which oversees $380 billion. "The important question is, were those gains earned? Based on the earnings results that we've gotten so far, it seems as though they were."
Five Star Equities releases regular market updates on the S&P 500 Index so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Shares of Best Buy have soared over 45 percent year-to-date. The company currently offers investors an annual dividend of $0.68 per share, for a dividend yield of approximately 3.95 percent. Best Buy is scheduled to release results for the fourth quarter and full year 2012 on Thursday, February 28th. Barclays and Stifel Nicolaus have both recently upgraded the company's rating.
Shares of Reynolds American have gained over 7.5 percent year-to-date. The company currently offers investors an annual dividend of $2.36 per share, for a dividend yield of approximately 5.30 percent. Reynolds American reported fourth quarter 2012 adjusted EPS of $0.76, a 5.6 percent increase when compared to the year ago quarter.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer