|Bid||54.10 x 1400|
|Ask||54.78 x 2200|
|Day's Range||54.14 - 55.29|
|52 Week Range||40.44 - 60.52|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||22.11|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||2.80 (5.22%)|
|1y Target Est||54.67|
DOW UPDATE The Dow Jones Industrial Average is trading up Friday afternoon with shares of UnitedHealth and Pfizer seeing positive gains for the price-weighted average. The Dow (DJIA) is trading 177 points (0.
There was ample headline risk for investors to contend with Wednesday as market participants remain skittish about the prospects for a trade deal with China. This questioning comes all while impeachment proceedings kicked off on Capitol Hill and Federal Reserve Chairman Jerome Powell reiterated the view that the central bank is likely to pause on lowering interest rates over the near term.Source: FinViz * The S&P 500 added 0.07%. * The Dow Jones Industrial Average jumped 0.33%. * The Nasdaq Composite was essentially flat, closing lower by 0.04%. * Disney surged a staggering 7.3% to lead the Dow Jones by a wide margin today.Broadly speaking, the performance of U.S. equities today was solid when considering all the recent headline risks. In terms of the Fed, Powell previously said that the central bank's rate cutting regime may be on pause over the next several meetings. As such, his similar comments today before the congressional Joint Economic Committee weren't surprising.Some market observers believe Powell's comments today leave the door open to more rate cuts. This is something President Trump undoubtedly wants to see as he's making the economy one of the centerpieces of his 2020 reelection bid.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn late trading, 15, or half, of the Dow's 30 member firms were pointed higher. Magnificent MouseDisney (NYSE:DIS) was the Dow Jone's best-performing name today and the competition wasn't even close as DIS stock surged 7.3%. This was only a day after the debut of the widely anticipated Disney + streaming service.I've previously noted that it'll take some time for investors to know the exact impact of Disney + on the company's quarterly results, but owners of DIS stock don't have to wait for first-day data on the streaming service. California-based Disney confirmed that more than 10 million subscribers signed up for Disney + on the first day.Remember, fellow Dow component Verizon (NYSE:VZ) is giving Disney + away free for a year to its customers and Disney wouldn't confirm how many of those 10 million subscribers are paying for the service.Still, there's no denying that 10 million users coming into the fold on the first day is an impressive tally. Nike Impresses … Sort OfOn any other day, Nike (NYSE:NKE) stock gaining 2%, would be impressive. And although NKE stock made that gain today, it couldn't surpass Disney stock. Still, it was good for the second-best showing in the Dow, but it also puts Disney intraday strength into context, meaning no other Dow Jones stock was going to beat the mouse today.Nike jumped after the company announced it's pulling its shoes off Amazon (NASDAQ:AMZN). Nike was running a pilot test on Amazon Retail that apparently didn't prove successful, prompting the move by the Oregon-based company. Walmart WatchWalmart (NYSE:WMT) will report earnings before the bell Thursday, and there was some encouraging action in WMT stock in advance of that report.Shares of the largest U.S. retailer jumped 1.54% after Telsey Advisory Group lifted its price target on WMT stock to $130 from $125."If Walmart does report strong earnings, it could result in a wave of price-target hikes, since its average 12-month price target is just $123.58. Upgrades are possible, too, since there remain seven 'hold' ratings out there," according to Schaeffer's Investment Research. Dow DisappointmentShares of chemicals makers Dow Inc. (NYSE:DOW), one of the smaller components in the blue-chip index, have been on a torrid pace, surging nearly 18% over the past month. However, DOW stock retreated by almost 3% today.That marks two consecutive days in the red for Dow and it's easy to understand why. Dow is one of the more trade-sensitive names in the index. With speculation swirling today that there could be some snafus in terms of the agriculture part of the trade deal, an element previously seen as solid, shares in Dow slumped. Bottom Line on the Dow Jones TodayToday's gains weren't jaw-dropping by any stretch. But the S&P 500 posting a positive finish as the Dow Jones advanced to another record are still notable feats. This is especially true given the considerable potential for headline risk.Adding to the case for more near-term upside are musings that some hot growth segments are poised to continue rallying, while healthcare, one of the largest Dow and S&P 500 sector allocations, remains an attractive value play.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks to Buy for the Rest of 2019 * 7 Biotech Stocks to Buy With Plenty of Power in the Pipeline * 5 Stocks to Buy That Are Set for Monster Growth in 2020 The post Dow Jones Today: Disney Was the Star of the Show Again appeared first on InvestorPlace.
DOW UPDATE Dragged down by negative returns for shares of Dow Inc. and Caterpillar, the Dow Jones Industrial Average is trading down Wednesday morning. The Dow (DJIA) was most recently trading 75 points (0.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Dow Chemical Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
It's a tricky time to be an investor right now. The market keeps climbing to new highs, but the threat of a recession continues to loom as political uncertainty and troubling macroeconomic factors keep investors from getting too comfortable. The result has been an unstable bull market in which traders are constantly worried about a drop-off. So are there any good stocks to buy in a market that keeps ticking upward?Yes and no. If you've got a long timeline and you can stomach a bit of turbulence, then you should be focused on buying quality companies that have the financial fortitude to thrive in a downturn. Dave Ramsey, a best-selling author, radio host and the CEO of Ramsey Solutions says now isn't the time to start panicking about a recession.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"If the Gross Domestic Product (GDP) shrinks, or recedes for two consecutive quarters, we call that a recession. Nobody's coming to your house to take your children. It's two quarters -- six months that the economy shrinks. It's not the end of the world. The job market has been strong. There are more jobs today than people looking to fill them. Do I think the economy will shrink in two consecutive quarters? I don't know. Maybe, but it would first have to shrink in one quarter and that hasn't happened yet." He's not wrong. If you stayed out of the market completely over the past few months because you were worried about a crash, you could have missed out on some pretty incredible gains this earnings season. Now isn't the time to panic, it's the time to ensure you're well diversified and pick up long-term bets that will carry you through a downturn should it materialize. * 7 Large-Cap Stocks to Give a Wide Berth Here's a look at three stocks worth considering as the market continues to fly higher. Stocks to Buy: Dow Chemical (DOW)Source: JHVEPhoto / Shutterstock.com Dow Chemical (NYSE:DOW) stock is a spin off from DowDuPont that has had a turbulent few months since it hit the market on its own back in March. The firm makes a wide variety of coatings, paints, packaging and polymers. As part of its packaging arm, DOW makes styrofoam, which has been one of its best selling products.While the firm's ties to crude oil make it susceptible to volatility associated with the rise and fall of oil prices, DOW stock's 5% dividend yield is a great way for long-term investors to build their wealth over time. Its most recent earnings results also suggested that easing tension with China should be a boon to DOW stock in the coming months. Visa (V)Source: Shutterstock Visa (NYSE:V) stock is up 26% so far this year, but it still makes for a good buy for long-term investors. The firm boasts a strong balance sheet and a track record of consistent dividend increases, V stock is a great play for those who are looking for a buy-and-hold investment. * 10 Blue-Chip Stocks to Buy for the End of the Year As payments continue to shift away from cash, Visa's strong position makes it likely to benefit as the industry grows over the next decade. The firm is also relatively safe compared to peers in the case of a recession. Visa operates as a payment processor and doesn't actually lend out money. That means the firm won't be bogged down by credit delinquency if the economy takes a turn for the worst. AT&T (T)Source: Lester Balajadia / Shutterstock.com AT&T (NYSE:T) stock suffered through the beginning of 2019, but despite the firm's impressive comeback so far, I believe it has further to climb in 2020. AT&T is working to pay down its debt pile and rework its business model, which hurt investors sentiment and took the share price lower at the end of 2018. However, T stock is on the edge of greatness should management be able to execute its strategy over the next few years.The firm is working to roll out a streaming service that will put its TimeWarner acquisition to use by drawing on the company's massive media library. Plus, AT&T is rolling out a 5G network across the U.S., which many believe will help the firm regain pricing power. To be sure, T stock likely still has some volatility to come in the near-term, but its 5.18% dividend yield makes riding out the bumps a bit easier. As of this writing, Laura Hoy was long T. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Give a Wide Berth * 7 Potential New Stocks That Should Not Go Public * 5 Chinese Stocks to Buy Surging Higher The post 3 Stocks to Buy Even If Markets Keep Climbing appeared first on InvestorPlace.
DOW UPDATE Behind declines for shares of Exxon Mobil and Verizon Communications Inc., the Dow Jones Industrial Average is falling Friday morning. Shares of Exxon Mobil (XOM) and Verizon Communications Inc.
Four innovative technologies from Dow , the world’s leading materials science company, were recognized with 2019 R&D 100 awards from R&D World magazine and its new parent company, WTWH Media, LLC.
DOW UPDATE The Dow Jones Industrial Average is trading up Thursday afternoon with shares of Dow Inc. and Goldman Sachs seeing positive gains for the index. The Dow (DJIA) was most recently trading 192 points (0.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Aruba Investments, Inc. New York, November 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aruba Investments, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
DOW UPDATE Shares of Dow Inc. and Walgreens Boots are seeing positive growth Thursday morning, lifting the Dow Jones Industrial Average into positive territory. The Dow (DJIA) was most recently trading 192 points, or 0.
German chemicals association VCI on Wednesday said it saw no positive signals for the chemical industry after reporting a 2.4% drop in third-quarter revenues, citing a weakening auto market, a drop in domestic orders and sluggish global growth. "The situation for the chemical industry is not easy," VCI President Hans Van Bylen said. Production in the chemical and pharmaceutical industries, which are significant contributors to Germany's gross domestic product, fell 0.6% in the third quarter of the year, VCI said, adding that falling prices weighed on third-quarter revenues.
Powered by strong returns for shares of Boeing and McDonald's, the Dow Jones Industrial Average is up Tuesday morning. Shares of Boeing (BA) and McDonald's (MCD) have contributed about 25% of the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 73 points higher (0.3%). Boeing's shares have gained $7.25 (2.1%) while those of McDonald's are up $2.42 (1.3%), combining for a roughly 66-point bump for the Dow.
DOW UPDATE Shares of Chevron and Walgreens Boots are seeing strong returns Monday afternoon, sending the Dow Jones Industrial Average into positive territory. The Dow (DJIA) is trading 64 points higher (0.
DOW UPDATE Led by positive momentum for shares of Walgreens Boots and Dow Inc., the Dow Jones Industrial Average is climbing Friday morning. Shares of Walgreens Boots (WBA) and Dow Inc. (DOW) have contributed to the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 250 points higher (0.
DOW UPDATE Shares of Dow Inc. and Exxon Mobil are trading higher Friday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of Dow Inc. (DOW) and Exxon Mobil (XOM) have contributed to the index's intraday rally, as the Dow (DJIA) was most recently trading 152 points (0.
DOW UPDATE Shares of Walgreens Boots and Caterpillar are trading lower Thursday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Walgreens Boots (WBA) and Caterpillar (CAT) are contributing to the index's intraday decline, as the Dow (DJIA) was most recently trading 213 points lower (-0.
The Federal Reserve again lowered by interest rates by 25 basis points today -- the central bank's third rate cut this year -- but as was the case following last month's rate reduction, stocks did a whole lot of nothing following the news.Source: Venturelli Luca / Shutterstock.com Fed speak may have been the culprit behind the tepid reaction to the rate cut news by equities today. In its statement, the Federal Open Market Committee (FOMC) didn't say anything about acting "as appropriate to sustain the expansion," which some market participants took to mean that after today's cut, the central bank will be on hold for the foreseeable future.On a related note, there was some good news on the economic data front today with the Commerce Department saying third-quarter GDP grew 1.9%. While that's below the 2% level seen in the second quarter, the initial third-quarter reading is better than the 1.6% economists expected.InvestorPlace - Stock Market News, Stock Advice & Trading TipsImportantly, that data set featured a 2.9% increase in consumer spending, well ahead of the 2.6% economists expected. There are no guarantees, but today's data points augur well for the October jobs report due out Friday. * 7 Dividend Stocks That Could Struggle to Continue Payout Hikes On Wednesday, the Nasdaq Composite gained 0.33% while the S&P 500 added 0.33%. The Dow Jones Industrial Average tacked on 0.43% with 21 of its 30 components finishing to the upside. Quick UpdateOn Tuesday, I noted that shares of Johnson & Johnson (NYSE:JNJ) were halted late in the session for pending news. The blue-chip pharmaceuticals name rallied 2.78% today, good for one of the best performances in the Dow, after revealing that a test showed no traces of asbestos in its popular baby powder.However, there's more to the story, indicating that investors may want to take the positive JNJ news with a grain of salt. The lab that conducted the test that turned up the no asbestos result is run by an expert witness that receives compensation from JNJ, according to a Reuters report."Andreas Saldivar, laboratory director of AMA Analytical Services Inc, has served as a litigation expert on several occasions for J&J since 2017 in its defence against plaintiffs' claims that asbestos in talc caused their cancers," according to Reuters. Pre-Earnings GlanceRemember that Apple (NASDAQ:AAPL) reports earnings after the bell today. The stock traded slightly in advance of that report, but there was some good news on the name out today. A Bloomberg article that ran late Tuesday indicates Google's newest smartphone, the Pixel 4, has lost its long-held camera lead to the recently launched iPhone 11."With the iPhone 11 and 11 Pro, Apple closed the photography gap with better low-light image quality," according to Bloomberg. "Its camera software also makes those photos easier to take by automatically enabling night mode when required. Apple remains way ahead of any other phone maker when it comes to video quality." November IdeaThe eleventh month of the year starts on Friday and for investors looking for stocks to buy in November, Dow component McDonald's (NYSE:MCD) is a name that makes some sense due to its propensity for bullish November performances.Over the past 10 years, McDonald's has averaged a November gain of 3.32% and finished higher in all 10 of those November's.Other November ideas include any of the Dow's industrial names (20% of the index) and perhaps chemicals maker Dow Inc. (NYSE:DOW) due to favorable seasonality for the industrial and materials sectors in the eleventh month of the year. Bottom Line on the Dow Jones TodayOne quick U.S./China trade update: the meeting at which President Donald Trump was scheduled to sign Phase 1 of the trade deal was canceled due to political chaos in Chile, so expect updates on that scenario in the coming days. As for what to expect into year-end for domestic stocks, assuming the trade deal remains on course and data remains solid, a slow slog higher is probably what's in store."We think 2019 could be similar (to 2016) but acknowledge this time could be riskier simply because the cycle is older and the economy has less slack to offer a buffer," said BlackRock in a recent note. "Yet we don't see this as the end of the economic expansion―or equity gains. End of cycle is usually marked by spiking commodity prices, wages that are rising too quickly, and the Fed lifting rates to avert economic overheating. None of these are evident today. In fact, it's just the opposite. One potential upshot: A continuation of slow growth and a stock market that can grind higher."As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Struggle to Continue Payout Hikes * 8 Consumer Stocks to Buy before Thanksgiving * 10 Stocks to Buy Regardless of Q3 Earnings The post Dow Jones Today: Another Tepid Reaction to a Fed Rate Cut appeared first on InvestorPlace.
Dow (DOW) today announced that four leaders earned recognition on two 2019 OUTstanding lists – LGBT+ Executives and LGBT+ Future Leaders. 2019 marks the seventh year OUTstanding, a professional network for LGBT+ executives and their allies, has published these lists. “In order to attract and retain the best talent worldwide, compete globally and deliver the most value to our stakeholders, we are focused on creating an inclusive culture – both at Dow and in our communities,” said Karen S. Carter, chief inclusion officer and chief human resources officer, Dow.
If you want yield with growth you are getting a couple of gifts right now: the stocks of AT&T and Dow Inc. . At this moment AT&T's stock yields 5.2% and Dow gives you 5.5.%. No matter, the free cash flow is far better than I thought possible and the earnings before interest, taxes and depreciation way more than cover the 70 cent quarterly distribution.
DOW UPDATE Shares of Intel and Caterpillar are trading higher Friday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of Intel (INTC) and Caterpillar (CAT) are contributing around 25% of the index's intraday rally, as the Dow (DJIA) is trading 207 points higher (0.
During Thursday night's Mad Money program, Jim Cramer gave the nod to Dow Inc. , which is turning itself around and has an impressive 5.7% yield. Because we only have a limited amount of price history we shortened our moving averages from 50- and 200 to just 20- and 50-days. The Moving Average Convergence Divergence (MACD) oscillator has turned up above the zero line this month for an outright go long signal.
The 50 attorneys general investigating Google’s advertising practices are expanding the antitrust probe into the company’s Android business as well.