|Bid||52.08 x 900|
|Ask||52.09 x 800|
|Day's Range||51.55 - 52.17|
|52 Week Range||38.78 - 52.98|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||23.63|
|Forward Dividend & Yield||1.04 (2.05%)|
|1y Target Est||N/A|
If you weren't rattled before, odds are good the rough start to this trading week has you on edge. The S&P 500 is now down nearly 4% from its recent peak, and arguably worse than that, it's back under some key technical support levels. Its best shot at a quick recovery is now in the rearview mirror.Anything's still possible, and the threat of a brewing corrective move is hardly a reason to bail out of the stocks you're truly committed to for the long haul. In fact, should this turbulence turn into full-blown trouble, any dip is actually a decent buying opportunity.For the piece of your portfolio that's something in between speculative and pure buy-and-hold holdings though, now may be a good time to start thinking a little more defensively and a little less aggressively. Here's a rundown of seven names that may prove safer, counter-cyclical bets than the hot stocks that made the runup early this year such a fun ride.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Baby Boomer Stocks to Buy In no certain order: Microsoft (MSFT)Source: Shutterstock For many investors, the knee-jerk assumption is that software giant Microsoft (NASDAQ:MSFT) is so inextricably linked to the all-important technology market that an economic swoon could easily up-end this well-known name. And, at a point in time that was the case.That's not the case any longer, however, for a handful of reasons.Chief among them is the fact that its Azure cloud-computing platform has become the foundation for an untold number of organizations that, now with an established presence in the cloud, aren't going to take a step back. The company's commercial cloud revenue grew 41% last quarter, to $9.6 billion, led by Azure's 73% year-over-year growth.The second-biggest reason MSFT stock rates as a top safety pick is related to the first one. All that cloud-driven revenue? Much of it is recurring revenue, stemming from repeat billing, giving the company a very good idea of what's coming in from one quarter to the next. Annual subscription revenue for Office 365 and Azure are now on the order of $20 billion and $12 billion, respectively, making the company a service business more than anything else. Boston Scientific (BSX)Source: Boston Scientific Boston Scientific (NYSE:BSX) makes and markets a variety of medical devices, but perhaps is best known for pacemakers, catheters and surgical devices. If you can name it though, the company probably makes it (or at least makes something like it).That deep diversity has most definitely taken the edge off of what would have otherwise been an erratic revenue trend, but interestingly, it hasn't always guaranteed revenue growth. Although other names did, Boston Scientific somehow struggled to escape the impact of 2008's subprime meltdown.Once it finally did so in 2014, however, it did so in spades. Granted, it took the acquisition of C.R. Bard's electrophysiology unit in 2013 and Bayer AG's interventional business in 2014 -- along with a few other deals -- to make it happen, but the dealmaking works. Boston Scientific hasn't failed to grow quarterly earnings since the third quarter of 2015. EBITDA growth has been almost as reliable since 2016. * 7 Stocks to Buy that Lost 10% Last Week Perhaps more important to investors, BSX stock hasn't failed to make a gain of some sort in any calendar year since 2013. NiSource (NI)Source: Shutterstock It may be boring, but that's largely the point.NiSource (NYSE:NI) serves four million natural gas and electricity customers spanning seven different states, mostly in the northeastern quarter of the continental United States. Its customers, however, know it better as NIPSCO or Columbia Gas.It is, above all else, a dividend play. The trailing yield of 2.88% is above-average, and the company hasn't failed to pay a quarterly dividend in over two decades. It's also a dividend-growth holding. Although it can't be said it raises it, or even avoids lowering it, from one year to the next, the trailing-twelve-month payout of 80 cents per share is far and away more than the twelve-month payout of 17 cents per share as of 1999. That's the sort of track record nervous investors flock to when safety appears necessary.There's a clincher in this particular case though. Once again, last quarter, NiSource was able to top its earnings estimates in a pricing environment that hasn't been easy to do it in … much as it has done more often than not since 2016.Preferred shares of NiSource are also available for more income-minded investors that are looking for more than a short-term safe space to park some money. Brookfield Infrastructure Partners L.P. (BIP)Source: Shutterstock It's a bit of a cheat to buy a fund of several stocks rather than a single stock as a means of securing certainty and stability in turbulent times. But, Brookfield Infrastructure Partners L.P. (NYSE:BIP) is too compelling to pass up, in that it owns some assets that can't otherwise be owned by the average retail investors.The company is self-described as "one of the largest owners and operators of critical and diverse global infrastructure networks which facilitate the movement and storage of energy, water, freight, passengers and data."Some of its properties include wind and solar farms of TerraForm Global, graphite electrode manufacturer GrafTech and stake in Brazilian logistics outfit VLI, which operates 5,000 kilometers of railroads, six port terminals and eight trans-shipment terminals.Boring? You bet. Its results, however, and more than exciting to investors in need of something they can rely on. Brookfield goes on to explain "The company's objective is to generate a long-term return of 12 -15% on equity and provide sustainable distributions for unitholders while targeting annual distribution growth of 5-9%." * 10 Stocks to Sell Before They Tank Your Portfolio The trailing dividend yield of 4.56% is anything but boring when safety is en vogue. Mondelez (MDLZ)Source: Shutterstock Consumers won't find any Mondelez (NASDAQ:MDLZ) branded goods on their local grocer's shelves. They'll find plenty made by the brands it owns though. Cadbury, Chips Ahoy, Oreo, Ritz, Wheat Thins and Trident are just some of the labels that are part of the Mondelez family.Those who know the Mondelez International story well will know the past several years have been tumultuous ones. Revenue has been uneven at best, and income has been even more erratic while the snack food giant buys and sells brands in search of the so-far-elusive mix. It may have finally found it though. Last quarter's organic revenue, stripping out any currency related impacts, grew 3.7%, leading the company to exceed earnings estimates.One good quarter doesn't make a trend, and even if it did, MDLZ stock looks and feels overbought, still up 35% from its late-December low.That strength, however, actually represents several quarters of forward progress that was overdue following severe price stagnation since late 2015. Analysts are pricing in more slow and steady progress this year and next too. It's not red hot progress, but it's growth that's likely immune to any economic or even market headwind. Walmart (WMT)Source: Shutterstock There's never a particularly bad time to own a piece of the world's biggest retailer. But, when things are looking especially rocky, the fact that Walmart (NYSE:WMT) sells everything from bread to bolts to light bulbs quickly becomes an important business advantage.Yes, there was a time not too long ago when the company's sheer size was more of a liability than a benefit. The retailer's top brass had become so far removed from the front lines they didn't realize store shelves were sitting empty on a regular basis, and customer service was suffering. And e-commerce? Forget about it.All of that's changed of late though, largely under the direction of CEO Doug McMillon, who was named CEO in late-2013. Since he has taken charge, e-commerce revenue has regularly grown by double-digits, and shelf-stocking is happening, as it should. The company has even found that paying its workers just a little more competitively draws out a lot more customer-minded interest in doing the job well.The end result is a company that doesn't have to worry about the threat of a short-term or even a long-term headwind. It has lots of what consumers always need, and it delivers it in the way consumers want it. * 7 AI Stocks to Watch with Strong Long-Term Narratives Investors know it too, remaking it as one of the go-to picks when the broad market starts to wobble. Berkshire Hathaway (BRK.A, BRK.B)Source: Shutterstock Finally, although it's arguably another way of circumventing a decision and punting to the professionals, why not add Warren Buffett's Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) to the mix when it appears a storm is brewing.Berkshire Hathaway isn't completely immune to marketwide trouble, to be clear. It owns a lot of stocks just like most investors, and right or wrong, it faces the same market-related risks.Nevertheless, by overweighted ownership of a certain kind of stocks -- namely cash cows -- Berkshire Hathaway's net asset value somehow seems to be more consistent than the average investor's portfolio. Adding to that resilience is the fact that many of Berkshire's holdings aren't publicly traded entities, leaving the market even less clear on how or why it should re-price BRK stock.That being said, while some investors may argue that Berkshire has become little more than a glorified index fund, others will lament the fact that it has crossed a line Buffett wouldn't normally cross, adding 483,300 shares of the e-commerce giant Amazon (NASDAQ:AMZN) to the portfolio last quarter. If the market crumbles, Amazon may well lead the charge.This is still a very Buffet-like pick though, in that AMZN stock is plenty able to march to the beat of its own drum, shrugging off broad weakness thanks to the sheer strength of its growth story.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post 7 Safe Stocks to Buy for Anxious Investors appeared first on InvestorPlace.
Premier Foods unveiled plans to review options for its business after former boss Gavin Darby left in January. Premier Foods, which also owns the Ambrosia rice pudding and custards brand and OXO stock cubes, said adjusted profit before tax rose 12 to 88 million pounds ($114 million)for the year ended March 30. Mr Kipling enjoyed a 12% rise in revenue after it was relaunched in Britain with new packaging and design combined with higher marketing spends.
Since late March, Aurora Cannabis (NYSE:ACB) stock has been in a fairly tight trading range. But next Tuesday we may see some action. Yes, the company will report its fiscal third quarter results. No doubt, it will be a critical, as investors will want to get a sense of how the Canadian recreational market is tracking, and after the Cronos Group (NASDAQ:CRON) letdown, there might be some concern about Aurora stock.Source: Shutterstock Now as for the prior quarter for Aurora stock, the company handily beat its own estimates. Revenues hit $40.7 million for the quarter, up a sizzling 83% on a quarter-over-quarter basis. Note that the company had put out a forecast of $37.6 million.Although, the losses were hefty, coming to $178.6 million. A big reason for this has been the aggressive M&A strategy, which means that the company has to make adjustments for mark-to-mark accounting. Consider that there have been 15 deals since the summer of 2016.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dangerous Dividend Stocks to Stay Far Away From A Closer Look at Aurora StockSo what about the expectation for Aurora stock for Q3? Well, as should be no surprise, the growth is likely to continue at a robust pace. The consensus is for revenues to come to $55.3 million and the loss be 4 cents a share. But given that the cannabis opportunity in Canada is in the nascent stages, the forecast is likely to be more of an educated guess.There were certainly other notable highlights during the quarter. Here's a look: * The company signed a binding agreement to acquire Chemi Pharmaceutical, which is a privately-held Ontario lab that focuses on analytics for the pharma and cannabis industries. A key asset is the Health Canada Drug Establishment Licence that allows for performing certified GMP compliant quality control testing. The company will be merged into Aurora's Anandia Laboratories subsidiary. * Aurora announced it has purchased the remaining shares of Hemco, which is a top provider of hemp-based foods, fiber and nutraceuticals. The company is also commissioning its 56,000 square foot hemp processing facility for the extraction of CBD. * The company completed its acquisition of Whistler Medical Marijuana Corporation, which is one of the top premium cannabis brands in Canada. The deal should allow for expansion in both medical and consumer markets. Consider that the production capacity is expandable to over 15,000 kg. * Aurora received approval to sell cannabis oils to German pharmacies. In fact, the company is already the market leader in the country. Bottom Line on ACB StockWhen it comes to ACB stock, there are both short-term and long-term tailwinds. No doubt, right now much of the growth will come from the Canadian market. The good news is that the company has been able to effectively scale its operations. Production is expected to go from 150,000 kg per year to more than 500,000 kg per year by mid-2020.As for the long-term catalysts for ACB stock, there is the medical business. The company has about 40 clinical trials and has also built a strong distribution footprint in Europe and Latin America. Just a small number of new therapeutics can have a big impact on the top-line.But there is another key factor for ACB stock: The company has appointed Nelson Peltz as a Strategic Advisor. He is the CEO and founding partner of the Trian Fund, which is a top investment firm that's focused on the consumer products sector. It has stakes in companies such as Procter & Gamble (NYSE:PG) and Mondelez International (NASDAQ:MDLZ).In other words, Nelson will likely be critical in helping ACB find major strategic partners to help propel the growth, similar to what other cannabis firms like Canopy Growth (NYSE:CGC) and Cronos have done. So yes, on the earnings call, it's a good bet that analysts will want to hear how things are progressing on this front.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips Compare Brokers The post It Makes Sense to Lay off Aurora Stock Ahead of Next Week's Earnings appeared first on InvestorPlace.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mondelez International, Inc. New York, May 09, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Mondelez International, 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.
Mondelez International Inc NASDAQ/NGS:MDLZView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for MDLZ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MDLZ. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MDLZ totaled $4.34 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. MDLZ credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Kellogg Reports Mixed Q1 Results, Earnings Remain PressuredKey takeawaysThe Kellogg Company (K) posted mixed first-quarter earnings results on May 2. Kellogg’s top line missed analysts’ estimate for the second consecutive quarter, reflecting
Mondelēz: Improved Base Business Supported Q1 Earnings Beat(Continued from Prior Part)Valuation could limit the upside Continued strength in Mondelēz’s (MDLZ) base business is expected to support its stock in the near term. Mondelēz managed to
Fed Cuts Rates, But Not The One People Watch The Federal Reserve did indeed cut interest rates yesterday in an announcement following its Federal Open Market Committee meeting. The rate that was cut, however, wasn’t the target rate of federal funds loaned between banks overnight. It was the rate paid directly by the Fed to […]The post Market Morning: Fed Cuts Rates, Netflix Hikes Rates, Mondelez Goes to Pot appeared first on Market Exclusive.
Snack company Mondelez International Inc (NASDAQ: MDLZ) reported Tuesday with first-quarter results that arrived better than expected. Mondelez's international revenue grew 8.4 percent in the quarter due to investments in communications for its brands and optimizing its supply chain, Van de Put told CNBC.
Mondelēz: Improved Base Business Supported Q1 Earnings Beat(Continued from Prior Part)Earnings beat the expectationsMondelēz (MDLZ) posted stronger-than-expected first-quarter earnings. The company’s adjusted EPS of $0.65 beat analysts’
Shares of Mondelez rise after the maker of Oreo cookies and Cadbury chocolates reports better-than-expected first-quarter earnings.
Mondelēz: Improved Base Business Supported Q1 Earnings BeatKey takeawaysMondelēz (MDLZ) posted mixed first-quarter results after the markets closed on April 30. Mondelēz’s top line fell short of analysts’ estimate, which reflected negative
Sales rose to $58.02 billion from the $57.55 billion expected, even with iPhone sales in the quarter slightly below projections of 31.1 million units.
Check out the companies making headlines after the bell:Shares of Apple AAPL soared more than 5% in extended trading Tuesday following the release of the tech giant's better-than-expected earnings for the fiscal second-quarter .
Mondelez CEO Dirk Van de Put joins CNBC's "Squawk on the Street" to discuss the company's quarterly earnings, growth and its plans to target younger consumers.