|Bid||131.52 x 1800|
|Ask||131.79 x 800|
|Day's Range||130.79 - 131.86|
|52 Week Range||98.46 - 131.86|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||15.89|
|Forward Dividend & Yield||1.72 (1.32%)|
|Ex-Dividend Date||Dec 31, 2019|
|1y Target Est||N/A|
Lending Tree Chief Economist Tendayi Kapfidze joins the On The Move panel to discuss how to better manage money and the top places millennials want to live.
American Express (AXP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Qualcomm and Comcast were early leaders, while American Express led the Dow Jones today, as analyst actions helped drive stocks higher Friday.
Lead by technology and financial services names -- two of the three largest sector weights in the S&P 500 -- the major equity benchmarks ascended to fresh records Thursday as the Senate approved the U.S.-Mexico-Canada free trade agreement, one of the cornerstones of President Trump's 2016 campaign.Source: Provided by Finviz * The S&P 500 advanced 0.84% * The Dow Jones Industrial Average rallied 0.92% * The Nasdaq Composite jumped 1.06% * Mature technology stocks got in on that sector's rally today as highlighted by Cisco (NASDAQ:CSCO) leading the Dow with a gain of 2.1%In addition to the aforementioned signing of the USMCA, the White House's second trade victory this week, stocks were supported by some favorable economic data. While some brick-and-mortar retailers have recently delivered disappointing results for the holiday shopping season, the broader picture was brighter today.Total retail sales rose 0.3% last month and excluding the lagging automotive group, the increase was a more impressive 0.7%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat data point helped the likes of Home Depot (NYSE:HD) and Walmart (NYSE:WMT) join the ranks of the Dow Jones winners today and there were plenty of those, as 26 of the blue-chip index's names were in the green in late trading. Good News for TechPhase I of the U.S.-China trade deal has wide-ranging implications for a variety of sectors and industries, but many of the thorny technological issues between the two countries will need to be addressed in another round of trade talks. * 7 Great Financial Services ETFs to Buy Now for 2020 Still, there was some good news for tech investors today and it came from a company that's not a Dow member. Taiwan Semiconductor (NYSE:TSM) said its fourth-quarter revenue climbed 10.6%, though that somewhat disappointed analysts.More importantly, the company forecast first-quarter sales of $10.3 billion, above Wall Street forecasts. The company is the world's premier chip foundry firm and its revenue proclamation today explains Intel (NASDAQ:INTC) was one of the Dow winners on Thursday.Piper Sandler analyst Harsh Kumar said in a note out earlier today that "2020 appears to be a major recovery year for the semiconductor market."Apple (NASDAQ:AAPL) got in on the act because Taiwan Semiconductor management cited 5G deployment as a catalyst for higher revenue this year. Many TSM customers are Apple suppliers. Still RisingDisney (NYSE:DIS) notched another modest gain today, again proving its 2019 bullishness was no fluke. What was impressive about Disney's upside was that it was accrued against what could be deemed a challenging intraday backdrop.First, rival Comcast (NASDAQ:CMCSA) launched its Peacock streaming service, a competitor to Disney +. Second, Netflix (NASDAQ:NFLX) reports earnings next week and some analysts are saying the company will put to rest investors' concerns about rivals, such as Disney +.Netflix reports results Tuesday, Jan. 21 after the bell, an event that will almost certainly move that stock and potentially Disney as well. Earnings EvaluationWith the financial services sector keeping markets awash in earnings reports, the sector was boosted by Morgan Stanley's (NYSE:MS) update today. That's not a Dow component, but Morgan Stanley's rally was enough to keep all of the Dow's financial services members in the green today.American Express (NYSE:AXP) and Travelers (NYSE:TRV), two Dow representatives from that sector, report fourth-quarter results next week. Boeing, Believe it or NotBoeing (NYSE:BA) was again among the Dow winners despite another day of challenging headlines, something the company should be accustomed to by now. Southwest Airlines (NYSE:LUV) joined rivals in saying it will keep the 737 MAX grounded until at least June.A Department of Transportation panel said earlier today said the Federal Aviation Administration did things by the book when it signed off on the 737 MAX three years ago, but enhancements need to be made to the FAA's procedures. * 10 Cheap Stocks to Buy Under $10 Bottom Line on the Dow Jones TodayToday's bottom line actually doesn't pertain directly to the Dow or any of its constituents, but it's relevant nonetheless.Some market observers are opining that 2020 could be a banner year for small-cap stocks, a sentiment the Russell 2000 Index's Thursday breakout may have confirmed. Obviously, there aren't any small-cap names in the Dow, but if that segment of the market rallies, it would benefit other groups in the form of increased risk appetite.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Stocks to Buy Under $10 * 5 Retail Stocks Placer.ai Thinks Can Win Big in 2020 * 6 Cheap Stocks to Buy Under $7 The post Dow Jones Today: More Records as Financials, Tech Lead the Way appeared first on InvestorPlace.
With most blue-chip companies' earnings scheduled over the coming weeks and sentiments being mixed, investors should closely monitor the movement of the Dow ETF.
The Zacks Analyst Blog Highlights: SL Green Realty, American Express, Hill-Rom, Invesco and LPL Financial
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The biggest U.S. card companies just moved a step closer to gaining access to China’s $27 trillion payments market.China said it won’t take longer than 90 days to consider applications from providers of electronic-payments services such as Mastercard, Visa and American Express Co., according the text of a landmark trade agreement with the U.S. It should be an especially welcome reprieve for Mastercard and its partner NetsUnion Clearing Corp., which set up a venture in March that is still awaiting approval from the People’s Bank of China to begin operations.“China is a vital market for us,” Seth Eisen, a spokesman for Mastercard, said Wednesday in an emailed statement. “We continue to make every effort to secure the requisite license to be able to operate in China domestically. This deal is a step forward in that process.”The move shows progress in the U.S. payment networks’ battle for access to mainland China, which has been a point of contention in the trade dispute. Officials from the world’s two largest economies finalized a bevy of deals before signing off on the first phase of a sweeping trade agreement, which they have sought to cast as a major breakthrough in relations.Mastercard Chief Executive Officer Ajay Banga and Visa CEO Al Kelly were in attendance at Wednesday’s festivities at the White House for the trade deal announcement. In a statement, Visa said it sees potential to help further develop digital payments in China through the 2022 Olympics in Beijing and that it’s approaching entry into the country “with a long-term focus.”“Visa is working closely with the Chinese government, including the People’s Bank of China, throughout the application process for a bank card clearing institution license,” the company said in the statement, welcoming the signing of the trade agreement.China in June 2015 allowed foreign bank-card clearing providers to obtain licenses by setting up units or acquiring a local company, ending a monopoly by state-run China UnionPay Co. But progress has since been slow for Visa and Mastercard, the world’s largest payment networks. American Express cleared a key hurdle in early January when regulators accepted its application to start a bank-card clearing business with a Chinese partner.“We’re pleased with the progress we’re making to become the first foreign network to receive a clearing and settlement license to operate in mainland China,” Leah Gerstner, a spokeswoman for AmEx, said in a statement. “We will continue to work through the regulatory approval process through our joint venture in China.”As part of Wednesday’s agreement, the U.S. also pledged not to discriminate against China UnionPay, or CUP, or other Chinese electronic payment services.Mastercard and Visa have long complained that their delayed entrance into China means they’ll be pitting themselves against large domestic players in a market that’s seen mobile payments explode in recent years. Mobile transactions topped 190 trillion yuan ($27 trillion) in China in 2018, making it the world’s largest such market, according to iResearch. Ant Financial’s Alipay and Tencent Holdings Ltd.’s WeChat Pay are the dominant mobile payments firms.They won’t be starting from nothing. Mastercard and Visa have long worked with Chinese banks to slap their brands on cards to facilitate transactions that consumers make outside China. But Wednesday’s announcement means the networks will now have a chance to compete for those cardholders’ domestic spending as well.China had 8.2 billion bank cards in circulation at the end of September, with 90% of them debit cards.(Updates with Visa comment in sixth paragraph, AmEx comment in eighth.)\--With assistance from Jenny Surane and David Scheer.To contact Bloomberg News staff for this story: Lucille Liu in Beijing at firstname.lastname@example.orgTo contact the editors responsible for this story: Candice Zachariahs at email@example.com, ;Alan Goldstein at firstname.lastname@example.org, Jonas Bergman, Dan ReichlFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Extending its last year's rally, Dow Jones touched 29,000 for the second time in three days, suggesting strong complacency in the market.
Dow Jones payment giant Visa has plenty of room to grow in electronic payments. Here is what the key fundamentals and technical analysis say about buying Visa stock now.
The Nasdaq composite's gain in 2019 towered over the Dow Jones Industrial Average. And the former's gain is higher so far in the new year.
The Dow Jones Industrial Average is climbing Monday afternoon with shares of Goldman Sachs and Dow Inc. leading the way for the blue-chip average. Shares of Goldman Sachs (GS) and Dow Inc. (DOW) have contributed to the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 77 points (0.3%) higher. Goldman Sachs's shares are up $3.50, or 1.4%, while those of Dow Inc. are up $0.68, or 1.3%, combining for an approximately 28-point boost for the Dow.
The Zacks Analyst Blog Highlights: JPMorgan Chase, Johnson & Johnson, American Express Company, NIKE and Apple
Delta Air Lines (NYSE:DAL) stock is the kind of stock that contrarian value investors like. DAL trades at a cheap valuation, but the underlying company fundamentals are very strong.Source: Markus Mainka / Shutterstock.com For example, DAL stock trades at a forward price-to-earnings metric of 8.2 times earnings. It also has a 2.8% dividend yield. In other words, investors are getting paid to wait until Delta Air Lines stock rises to a higher valuation.In fact, over the past five years, dividends have grown at a rate of 38% annually, according to Seeking Alpha. And over the past three years, payouts grew an average of 30% annually. In the past year, Delta hiked its dividends per share 15%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Strong Underlying FundamentalsIn addition, if you look at the company's free cash flow over the trailing 12 months, it consistently makes between $3 billion and $3.5 billion in FCF per quarter.Since Delta Air Lines stock has a market value of $39 billion, this means its FCF yield ranges from 8.1% to 9.5%. That is extremely high and indicates that Delta Air Lines is an attractive buy. * The Top 15 Stocks to Buy in 2020 Moreover, some have pointed out that Delta's earnings are expected to grow over 7% year-over-year. In addition, FCF is expected to hit $4 billion next year, according to at least one analyst.Analysts covered by Seeking Alpha put its 2019 earnings per share estimates at $7.01 per share and $7.22 for 2020. That puts DAL stock on a very cheap 7x P/E ratio for 2019 and 7.2x for 2020. Analysts Like Delta Air Lines StockRecently, a number of analysts have pointed out that Delta has a number of revenue drivers. For example, one analyst at Seeking Alpha wrote this very interesting article about three upside catalysts DAL stock has.The article points out that DAL stock will benefit from:* Its long-term profitable arrangement with American Express (NYSE:AXP).* Delta's fleet optimization will heavily cut its costs over the next five years (it has no 737 Max jets).* Its expansion into Latin America through a pending joint venture with a Chilean airline company Latam (NYSE:LTM) will drive more revenue.Delta recently held an Investors Day, on Dec. 12, 2019, where it highlighted its "global scale, powerful brand and unmatched competitive advantages."So, as a result, a number of analysts wrote up the stock on a positive note. Bottom Line on DAL StockGuess which value investor really likes Delta Air Lines? Warren Buffett. Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) increased its stake earlier in April 2019 to nearly 11% of the company.Buffett started buying DAL in 2016's third quarter, along with a number of other airline stocks. So far, Berkshire Hathaway has made over 30% on his stake in DAL, according to The Motley Fool. I suspect that Buffett is going to continue to hold the stock. It seems to meet all his criteria.In addition, he probably loves DAL stock's dividend payments. Maybe you should invest in the stock as well, as long as Buffett likes it.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. The Guide focuses on high total yield value stocks. Subscribers receive a two-week free trial. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 15 Stocks to Buy in 2020 * The 7 Most Important Companies That Didn't Survive the 2010s * 4 Mega-Tech Stocks Reaching for the Sky The post Delta Air Lines Stock Is a Value Investor's Sky-High Dream appeared first on InvestorPlace.
There has been a particularly sharp run-up in blue-chip stocks. These companies are slated to see gains as they have strong balance sheet and solid cash flow.
American Express (AXP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.