|Bid||15.14 x 1000|
|Ask||29.99 x 800|
|Day's Range||16.86 - 17.23|
|52 Week Range||16.61 - 32.97|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.59|
|Expense Ratio (net)||0.61%|
On December 4, Tronox (TROX) announced that it filed a motion with the Honorable D. Michael Chappell, the chief administrative law judge, seeking permission to present the proposed divestitures to the FTC (Federal Trade Commission). Tronox’s acquisition of Cristal is pending due to approval from the FTC. If Tronox gets approval from the administrative law judge, it would be able to engage in direct discussions with FTC commissioners.
VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds.
Editor’s note: This column is part of our Best Stocks for 2018 contest. John Jagerson’s and Wade Hansen’s pick for the contest is the Market Vectors Rare Earth Strat Met ETF (NYSEARCA:REMX).
Tariff headlines have kept the markets uncertain for the last couple of months, but that headwind has not been able to put much of a damper on the front runners. If you believe that energy stocks have further to run, EPD may be worth a look.
(Continued from Prior Part)Tronox’s quarterly dividend On August 15, Tronox (TROX) announced its latest quarterly dividend of $0.045 per share. The dividend will be paid on the company’s outstanding class A and class B ordinary shares. Tronox set the record date as August 27. Investors holding shares as of the record date are eligible for the dividend. The dividends are expected to be paid on September 7. At the end of the second quarter, including class A and class B shares, the total number of outstanding shares stood at ~122.9 million. ...
It’s not like REMX’s products are not in demand, and the business hasn’t suddenly started spending wildly or anything. The markets just aren’t willing to put their money in the companies that make up REMX right now. Read more about REMX from Jagerson and Hansen here.
The performance of the Vaneck Vectors Rare Earth Strategic Metals ETF (NYSEARCA:REMX) during 2018 is an incredible example of how the sentiment of the broader market can overwhelm the fundamentals of an individual stock or industry. Demand for rare earth metals continues to increase, which is a fundamental positive for most of the stocks held by REMX. Traders don’t feel like they can accurately forecast growth rates in this uncertain global economic environment, so many are simply taking profits off the table and reducing their exposure to the market.
This article is a part of InvestorPlace’s Best ETFs for 2018 contest. Charles Sizemore’s pick for the contest is the iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE). As we approach the halfway mark of 2018, my pick in InvestorPlace’s Best ETFs for 2018 isn’t off to the best of starts.
What Options Should Investors Consider amid Rising Rates? Targeting corporate floating rate notes and longer average maturity notes may offer greater yield potential. Investors may use such an allocation to either enhance their cash positions or to meaningfully de-risk their portfolios from equity or below-investment grade credit exposures when market volatility becomes less favorable.
With one quarter under our belts, the pack in the Best ETFs for 2018 contest has started to space out, but we’re still early in the year. The leaders cannot rest on their laurels and there’s still plenty of time for the lagging exchange-traded funds to catch up.
The general increase in stock valuations came to a screeching halt in early February when the yield on the 10-year Treasury climbed above 2.8% for the first time since early 2014 as faster-than-anticipated hourly-wage growth sparked inflation concerns and the CBOE Volatility Index (VIX) skyrocketed above 50 for the first time since mid-2015 as traders and inverse-VIX exchange-traded funds (ETFs), like the VelocityShares Daily Inverse VIX Short-term ETN (XIV), scrambled to cover their short volatility trades. Since that time, the stock market has been bouncing back and forth between moments of bullish euphoria and bearish despair as traders have been forced to readjust to heightened levels of volatility and uncertainty.
On March 27, 2018, Tronox (TROX) announced that it completed the pricing of $615 million in senior notes with a coupon rate of 6.5%. The offer is targeted mainly for qualified institutional buyers. The proceeds from the offer will be used to redeem the outstanding principal amount of ~$584 million with a coupon rate 7.5%.
Faced with regulatory approvals, on March 1, 2018, Tronox (TROX) announced that it agreed to extend the deadline related to the acquisition of Cristal’s titanium dioxide business headquartered in Jeddah, Saudi Arabia. According to the agreement, the dates were extended from May 21, 2018, to June 30, 2018. The companies also agreed that a three-month automatic extension will be applied until March 31, 2019, depending on outstanding regulatory approvals. Tronox has the right to terminate the agreement if the regulatory approval won’t be obtained before January 1, 2019.
Investing in stocks can be lucrative, but for a lot of people, it can also be devastating — picking wrong can put a big dent in your nest egg.
Another year is almost over, and that means that not only are we moving closer to crowning our Best Stocks for 2017 winner, but it’s also time to unveil the choices for next year’s contest.
Editor’s note: This column is part of our Best Stocks for 2018 contest. John Jagerson’s and Wade Hansen’s pick for the contest is the Market Vectors Rare Earth Strat Met ETF (NYSEARCA:REMX). Two trends that have caught our eye are 1) the bullish shift in demand for and production of electric car batteries, and 2) the general increase in stock valuations.
VanEck announced today the following 2017 annual distributions per share for its VanEck Vectors® equity exchange-traded funds.