Previous Close | 208.41 |
Open | 208.93 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's Range | 207.32 - 208.97 |
52 Week Range | 176.87 - 244.86 |
Volume | 1,879,145 |
Avg. Volume | 2,383,606 |
Market Cap | 120.072B |
Beta (3Y Monthly) | 1.15 |
PE Ratio (TTM) | 23.46 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 5.76 (2.76%) |
Ex-Dividend Date | 2019-02-14 |
1y Target Est | N/A |
Jim Cramer unpacks the "bizarre" inverse action in the stocks of the chipmakers and their suppliers.
It's no secret that industrial stocks move and groove with the overall economy. That was kind of a problem last year. Thanks to the worries about slowing global growth and the trade war with China, many industrial stocks fell by the wayside. The broad sector measure of industrial stocks -- the Industrial Select Sector SPDR Fund (NYSEARCA:XLI) -- sank by over 13% last year as investors ran from the economically sensitive sector.But investors may not want to dump industrial stocks just yet.Progress continues to be made on the trade front and recent meetings between the U.S. and China have gone in a positive direction. Meanwhile, here at home, economic data seems to be stabilizing after a few months of steady drops. With the Federal Reserve pausing on rates, we could still see some more quarters of gains for the sector. No wonder why the sector has rebounded in a big way. XLI has jumped more than 17% so far this year and is leading the market.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe best part is several industrial stocks are still trading for discounts to the overall market. And with that as well as the potential for thawing on tariffs/trade, the sector could be ripe for the picking. * 8 Cheap Stocks That Cost Less Than $10 But which industrial stocks could make sense in today's market? Here are five of the best industrials to buy today. Corning (GLW)I bet if I asked you what one of the fastest growing sectors were, glass wouldn't even make into the top five. After all, who uses glass anymore? But for industrial stalwart Corning (NYSE:GLW), glass is driving double-digit revenue growth.That growth from glass is coming from two major factors. First off, GLW is still the fiber optics king and makes solutions for telecom networks, data centers, and networking customers. With cloud computing, the upgrade to 5G wireless and increased data usage all converging, Corning has seen demand for its fiber optic cables surge. During the last quarter, optical communications revenues jumped an impressive 26% year-over-year. With our modern lives demanding, even more, data/connectivity, Corning should see more revenue gains for its optics products.The second factor is device adoption itself. Corning's Gorilla Glass has become the standard on many smartphones, wearable devices, augmented reality displays and now automobile dashboards/infotainment units. For GLW, this again has translated into some impressive revenue growth.All of this has helped profits and cash flows at the firm. After building out capacity last year, sales have translated back in earnings-per-share gains, year-over-year growth of 16%. Moreover, GLW has continued to return excess capital to shareholders via buybacks and dividends.With growth still at hand, Corning could one of the best industrial stocks to own in the quarters ahead. Dover (DOV)Like many industrial stocks, Dover (NYSE:DOV) has its hands in many soups. This includes everything from your local service station's gasoline pump to the refrigeration units at your local grocery store. Its wide product catalog across automation equipment, refrigeration and fluid management has allowed the firm to reward shareholders over its history. DOV has managed to pay an increasing dividend for the last 63 years.And it looks like that streak will continue.DOV has moved forward with some restructuring plans to reduce costs and improve margins. Likewise, accreditive buyouts and bolt-on acquisitions have worked in its favor and have reduced the bumpiness in its refrigeration segment. Because of this, Dover managed to see 14% adjusted earnings increase during the last quarter. Sales grew by just under 4%. This highlights that the restructuring is working and the steady nature of Dover's product mix. Many of DOV's products tend to be must-haves for other consumer and industrial applications. This makes them a bit immune to changes in the economy. * The 10 Best Cheap Stocks to Buy Right Now With a forward price-to-earnings ratio of 15.90 and a growing 2.10% yield, Dover could be a great industrial stock to buoy your portfolio. Xylem Inc (XYL)Perhaps one of the most critical commodities out there happens to be water. Moving, cleaning and storing it for our ever-increasing population is becoming a paramount issue. And Xylem Inc (NYSE:XYL) is the industrial stock to make that happen.With its appropriate name, the former spin-off from industrial giant ITT (NYSE:ITT) makes a whole host of equipment like pumps, controllers and filtration devices for wastewater treatment plants across the globe. That's a great position to be in. Growth in water treatment is steady and surging.Here in the U.S., replacing aging water infrastructure has become a top priority. Moreover, XYL has quickly moved in helping utilities with smart-metering, leakage detection and other efficiency applications. That provides plenty of higher margins versus just pumps.Secondly, Xylem's real growth is coming from overseas. Just after its spin-off, Xylem changed its strategy and started looking towards key markets like China, the Middle East and South East Asia. Here, populations are growing and access to clean water is shrinking. Looking here, XYL has managed to score 13% organic revenue growth.The shift to higher margined products and to the emerging world has helped XYL boost its cash flows, reduce its debt and pad shareholder's pockets as well.At a forward P/E of 22, XYL isn't super-cheap. But when it comes to industrial stocks, it has an impressive growth profile and it is worth the slight premium. Ingersoll-Rand (IR)Ingersoll-Rand (NYSE:IR) could be leading the pack of industrial stocks … at least when it comes to sector moves. The firm slimmed down in a big way after the recession. And now that many of its peers -- like General Electric (NYSE:GE), Honeywell (NYSE:HON) and United Technologies (NYSE:UTX) -- are splitting apart, IR is building up its portfolio of products.This time, Ingersoll-Rand made its biggest buyout ever. IR agreed to pay $1.45 billion for Precision Flow Systems from a group of private equity investors. Precision Flow makes a bunch of engineered pumps, boosters and other systems for water, chemicals and food and beverage customers. This is an easy bolt-on for IR's current fluids management business and actually would nearly triple the size of its current revenues from the segment.At the same, IR has continued to see more demand from its air conditioning and HVAC unit Trane. Both here and across the world, heating and cooling are often the biggest demanders of electricity/power. With global energy surging, especially in key emerging markets, IR has steadily clipped higher revenues from the unit.All of this has made, IR a growth machine among industrial stocks. The firm saw EPS grow more than 29% during the fourth quarter and more than 24% for all of 2018. * 7 Healthy Dividend Stocks to Buy for Extra Stability For investors looking for a great growth industrial stock, IR is it. iShares U.S. Industrials ETF (IYJ)Perhaps the best way to play the surge in industrial stocks is to own them all. Here's where exchange-traded funds can come in handy. However, investors may want to bypass the previously mentioned XLI and choose the iShares U.S. Industrials ETF (NYSEARCA:IYJ) instead.For one thing, the IYJ has a much broader portfolio of holdings and includes more mid-cap industrial stocks in its portfolio. These mid-caps have provided plenty of growth as well as being M&A targets for the sector. It has also allowed IYJ to outperform the XLI over the longer haul. Over the last ten years, the iShares fund has managed to produce an average annual return of over 13%. At the same time, you still get plenty of large-cap industrial stocks as well. Top holdings in the ETF include Honeywell, Boeing (NYSE:BA) and 3M (NYSE:MMM).As trade begins to thaw and the economy continues to move along, IYJ should be able to post some impressive returns. In the meantime, investors can clip at 1.31% dividend yield.While IYJ isn't the cheapest ETF in the world -- at 0.43% or $43 per $10,000 invested in expenses -- it's certainly not high-priced. And with a strong performance and breadth of holdings, it could be a great way to play all the industrial stocks out there.As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Cheap Stocks to Buy Right Now * 5 Stocks Under $5 to Buy Before They Soar * 5 Consumer Stocks to Cash Out Of Compare Brokers The post The 5 Best Industrial Stocks to Buy Today appeared first on InvestorPlace.
On Feb. 15, Jean Philippe Courtois made a sizable sale of Microsoft Corp. The company's executive vice president and president of Microsoft Global Sales, marketing and operations, Courtois sold off shares worth $3.04 million. This top-performing analyst, one of the Top 10 ranked by TipRanks out of more than 5,000, has a price target of just $75 on shares.
Investing.com - Verisk reported fourth quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
Looking at the bull and bear cases for the industrial company, which isn't really an industrial company anymore.
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)United Technologies United Technologies (UTX) has been another key contributor to Pershing Square’s success YTD (year-to-date). Compared to its average cost
GE to Shrink Boston HQ Plan and Reimburse $87 Million to StateGE to downsize Boston HQ On February 14, General Electric (GE) announced that it is downsizing its plans for its global headquarters in Boston, Massachusetts. The company revealed that it
Signs of improvement in trade relations between the United States and China and the Fed???s dovish stance have helped industrial ETFs despite mixed earnings.
Every spot on Earth, including factories and offices, has a unique microbial fingerprint. This San Francisco company wants to discover what that signature is and use it to ensure, for example, that products are made where manufacturers say they are made.
General Electric Rose ~4%, Most Gas Turbine Orders in 2018Most gas turbine orders General Electric (GE) shares rose ~4% on February 13. Reuters reported that the company’s Power division had the most orders for gas turbines in 2018. Citing McCoy
President Donald Trump signed an executive order in July creating the 25-member board, co-chaired by adviser Ivanka Trump and Commerce Secretary Wilbur Ross, to address workforce issues including "automation, and artificial intelligence that is shaping many industries." Other chief executives joining the board are those of Lockheed Martin Corp, Siemens USA, Home Depot Inc and Visa Inc.
U.S. markets closed at their highest levels for 2019 on Tuesday.
A favorite strategy of mine is to buy Dow "Underdogs," the stocks in the Dow Jones Industrial that have performed poorly over the last 12 months but are (hopefully) poised for rebounds in the New Year, explains Chuck Carlson, dividend expert and editor of DRIP Investor.
Now and in the future, changes in retail may affect companies you wouldn't think.
GE Shares Fell 4% after Fitch Cut Its Rating to 'Negative'Fitch cuts its rating on General ElectricGeneral Electric (GE) shares fell ~4% on February 7 after Fitch cuts its outlook on the stock to “negative” from “stable.” The credit rating
3M Co NYSE:MMMView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for MMM with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MMM totaled $18.51 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 Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. MMM credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.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.
3M Co (NYSE:MMM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 3M Co is a diversified technology company.
One of the themes of this earnings season is that a strong dollar is hurting revenues. That’s nothing to worry about if the U.S. dollar falls like many pundits expect. Still, there are a few factors, like the trade conflict, that mean investors should pay closer attention to the value of the greenback.
Sector ETF report for FIDU
The 3M Company Announces Leadership Changes3M’s leadership changes Today, the 3M Company (MMM) made an announcement that its board of directors would be nominating CEO Mike Roman to the position of chairman. Roman will replace the current executive
GE Transportation-Wabtec Deal to Close on February 25Spin-merger dealThe year-long pending merger of General Electric’s (GE) Transportation business unit with Wabtec is finally set to complete on February 25. The company announced the closure date
There were some positives from 3M's earnings report, but a cut in guidance raises questions about the highly rated stock's right to command a premium rating.
The index enjoyed a strong week overall, bolstered by encouraging earnings.
U.S. veterans have filed 11 lawsuits against 3M over their Combat Arms earplugs. According to the lawsuits, Aearo Technologies, the original manufacturer of the earplugs, knew the products were defective as early as 2000. Aearo, the lawsuits allege, falsified test results for the plugs and continued to sell them for over a decade.
Honeywell's Q4 Earnings: What Can Investors Expect?(Continued from Prior Part)Honeywell’s fourth-quarter adjusted EPS estimateAnalysts expect Honeywell (HON) to post an adjusted EPS of $1.89 in the fourth quarter, which implies an increase of