|Bid||147.02 x 800|
|Ask||148.57 x 900|
|Day's Range||146.22 - 147.39|
|52 Week Range||100.48 - 149.81|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||24.80|
|Earnings Date||Jan 21, 2020 - Jan 27, 2020|
|Forward Dividend & Yield||2.94 (2.02%)|
|1y Target Est||160.18|
Although the dividend growth stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock.
As stock market volatility continues, the blue-chip index is showing fluctuation. However, a closer look into the index reveals that not all stocks are erratic.
While frequently overlooked, industrial stocks held their own throughout 2019 and appear to be in strong position heading into 2020.The ongoing U.S.-Chinese trade war hasn't exactly been easy for American industrial companies, which on average derive more than a third of their revenues from China, and many of which order supplies from the country as well. Nonetheless, the Industrial Select Sector SPDR Fund (XLI) actually boasted slightly better returns than the S&P; 500 year-to-date through Dec. 3. The sector is set up to beat the Street next year, too.Barry Bannister, head of institutional equity strategy at Stifel Nicolaus, suggesting that investors buy into cyclical stocks such as industrials while shedding defensive plays. "Although we see (more than) 5% further for the S&P; 500 into 2020, we see twice that return, or plus 10%, for a long-cyclical/short defensive industry trade in the same period," he writes.Given that industrial stocks still face trade risks, however, investors are (rightfully) seeking out the crème de la crème - those stocks poised to continue outperforming through 2020 and beyond. One way to separate the wheat from the chaff is to focus on the names Wall Street analysts are standing firmly behind.Here are the five best industrial stocks to buy for 2020. We've used TipRanks' Stock Screener to zero in on five industrial-sector companies that are receiving robust support from the Street, earning a "Strong Buy" consensus rating. SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio
In the latest trading session, United Technologies (UTX) closed at $143.74, marking a -0.86% move from the previous day.
December is usually a pretty good month for stocks and that historical precedent may yet prove true this month, but it was defied Monday as equities tumbled on the back of some weak manufacturing data and another tariff gambit by the White House.Source: Provided by Finviz * The S&P 500 lost 0.86% * The Dow Jones Industrial Average slipped 0.96% * The Nasdaq Composite tumbled 1.12% * On light news, American Express (NYSE:AXP) was the worst performer in the Dow, shedding 2.38% to start the week.One of the main reasons stocks weakened to start the final month of 2019 was dismal factory data. Earlier today, the Institute for Supply Management's (ISM) manufacturing index reading for November declined to 48.1 in November from 48.3 in October. Economists were expecting a November reading 49.2. That's bad not only because the November reading missed estimates, but also because reports below 50 are seen as bearish.Another reason that traders reacted in bearish fashion to the ISM number is that it could be a precursor to more discouraging data and that's a relevant point to consider because the Labor Department deliver the November jobs report before the bell this Friday.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Exciting Biotech Stocks to Buy Now On the tariff front, perhaps the best thing that can be said is that today's headlines don't involve China. Rather, President Trump is targeting Argentina and Brazil with new steel tariffs. This is repeat of something the White House did a couple of years ago and the effects were positive for domestic steel producers."Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers," said the president on Twitter. "Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the U.S. from those countries."Overall, today was gloomy for the Dow Jones as just five of its 30 components were higher in late trading. Let's look at some of the best and the worst to start the week. Industrial IntrigueThe aforementioned ISM report proved highly damaging for industrial stocks as none of the Dow's constituents from that sector finished higher today. Boeing (NYSE:BA) was the worst offender among Dow industrial stocks, shedding more than 3%.This could be another eventful month for Boeing Federal Aviation Administration (FAA) head Steve Dickson will testify before the House Transportation and Infrastructure Committee next week about the Boeing MAX 737."U.S. officials told Reuters last week it is extremely unlikely, if not impossible, that the agency will unground the plane before the end of December," according to the new agency.United Technologies (NYSE:UTX), Caterpillar (NYSE:CAT) and 3M (NYSE:MMM), the Dow's other industrial names, were all dragged lower by the ISM report."The guts of the report show just how dismal the industrial sector looks," reports Barron's. "New orders, an indication of demand, dropped for the fourth straight month and at an accelerating pace. The streak is the worst since the financial crisis, and it comes despite seasonal factors that tend to give a lift to orders this time of year, said Tim Fiore, chairman of the ISM's survey committee." A Retail AffairLast Friday was Black Friday and today is Cyber Monday, two of the most important days of the year for retailers. However, Black Friday has lost some of its cache in recent years due to the emergence of online shopping. Still, some brick-and-mortar retailers are have significant e-commerce footprints, too. That group includes Walmart (NYSE:WMT).Although Walmart, a Dow component and the largest domestic retailer, experienced a rocky road today, some analysts believe it and rival Target (NYSE:TGT) are winners this holiday shopping season and beyond."We strongly believe that both WMT and TGT's drive up/grocery pick up options offer exactly what the consumer will need as they are increasingly constrained by time," said Raymond James retail analyst Matthew McClintock in a note out today. Tech UpdateDue to the risk off tenor to today's market action, it wasn't surprising to see the Dow's technology constituents retreat, but several of these names remain "buys" this month and for the year ahead.Apple (NASDAQ:AAPL) traded slightly lower despite JPMorgan analyst Samik Chatterjee raising his price target on the iPhone maker to $296 from $290.Speaking of the iPhone, Chatterjee says Apple could eventually consider launching more new versions of the popular smartphone to match Android launches. Apple usually has just one launch per year for the iPhone while Android phones are introduced by handset makers throughout the year. * 10 Great Tech Gifts to Buy for Under $100 Intel (NASDAQ:INTC) joined Apple in the red, Bank of America Merrill Lynch analyst Vivek Arya up his price target on the semiconductor giant to $70 from $65 today while publishing a note outlining five reasons to buy the stock. Bottom Line on the Dow Jones TodayWith manufacturing data deteriorating, there is some burden on consumer data to pick up the slack and that thesis is being tested as we speak thanks to the holiday shopping season. Broadly speaking, investors should expect the consumer to remain healthy, but not overly buoyant."Absent a trade or other exogenous shock, the U.S. economy looks to grow again in 2020," said BlackRock in a note out earlier today. "Real personal consumption has been growing every quarter since the end of 2009. While household consumption remains moderate relative to history, it is not decelerating as it was in late 2007."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 Things to Watch for into 2020 for Safer Income & Growth * 7 Entertainment Stocks to Buy to Escape Holiday Blues * 5 "Strong Buy" Biotech Stocks With More Than 80% Upside The post Dow Jones Today: Renewed Tariff Talk and Slack Data Punish Stocks appeared first on InvestorPlace.
General Electric is making major changes after a brutal couple of years. Here is what the fundamentals and technical analysis say about buying GE stock now.
ITT rises on solid financial performance, impressive growth prospects, solid product portfolio, focus on innovation, buyouts and shareholder-friendly policies.
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Italy will press ahead with an investment programme for F-35 fighter jets, Defence Minister Lorenzo Guerini said, after uncertainty over further orders from the Rome government had raised questions on production plans. "As the government aims to build on the investments made so far and seize the opportunities offered by the programme, I've decide to give a green light to the phase two," Guerini said during a parliamentary hearing on Thursday. Luigi Di Maio, leader of the co-ruling 5-Star Movement, said last year that F-35 fighter jets were not a priority for the country and that the programme had to be reviewed in 2019.
Defense contractors have continued to outpace the market as tensions heat up and the Pentagon focuses on Russia and China. So is Raytheon stock a good buy?
How do we determine whether United Technologies Corporation (NYSE:UTX) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of Paypal Holdings Inc (NASDAQ:PYPL) based on that […]
United Technologies (UTX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
EAST HARTFORD, Conn., Nov. 20, 2019 /PRNewswire/ -- Pratt & Whitney, a global leader in commercial and military jet engines and a division of United Technologies Corp. (UTX), today announced it will open a new ceramic matrix composites (CMCs) research & development (R&D) facility in Carlsbad, California. With the addition of this dedicated 60,000 square-foot R&D facility, Pratt & Whitney will add dozens of employees focused on the design, development and production of CMCs for aerospace applications. Compared to traditional materials in the hot section of a jet engine, CMCs are known to be lighter and have higher temperature capability, which can enable improved thermal efficiency for gas turbine engines.
DUBAI, United Arab Emirates, Nov. 20, 2019 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (UTX), today announced that GoAir has signed an agreement selecting the Pratt & Whitney GTF™ engine for the airline's order of 72 A320neo family aircraft. Pratt & Whitney will also provide GoAir with a long-term EngineWise® Comprehensive service agreement. The aircraft are expected to begin delivery in 2021.
The dual tailwinds of renewed trade optimism and stronger-than-expected corporate earnings drove the rally. The bullishness was further fueled by rate cuts by the Federal Reserve.
- Features night-vision goggle compatibility, Head-Up Displays and Synthetic Vision for mission success - Advanced human-machine interface will reduce pilot workload - Touch-screen capabilities to increase ...