1.70k followers • 11 symbols Watchlist by Yahoo Finance
This basket consists of stocks that benefit from the needs of aging baby boomers.
In 2019, insurance companies will be widening their Affordable Care Act plan offerings, expanding their roster of states to places like Pennsylvania, Georgia, and Nebraska, where the options have been limited. Yahoo Finance's Anjalee Khemlani joins The First Trade to discuss.
Lone Pine Capital's flagship hedge fund outperformed the S&P 500 Index by nearly 8 percentage points per year since its inception in 1998. But that's mostly because of its tremendous success in the earlier years of the fund. Nowadays Lone Pine's returns go hand in hand with the market. For example, last year Lone Pine's […]
Member of the Procter & gamble executive leadership team saw compensation rise significantly along with improved performance by the company and its stock.
DOW UPDATE The Dow Jones Industrial Average is trading up Friday morning with shares of Boeing and UnitedHealth delivering the strongest returns for the price-weighted average. The Dow (DJIA) is trading 24 points higher (0.
Amgen (AMGN) markets Mvasi and Kanjinti, biosimilar versions of Avastin and Herceptin, respectively in the United States, and Kanjinti and Amgevita, biosimilar of Humira, in the EU.
J&J (JNJ) is facing several litigation in multiple states related to abuse of its opioid-based drugs. A ruling is expected on Aug 26 in a trial filed by the state of Oklahoma.
Medicare for All faces a fight, but other health care reforms could wield a huge impact on providers, patients and health care stocks like UnitedHealth.
The turbulence created by a slowing economy and inversion in yield curve has forced investors to look for safe stocks. These five stocks are sure winners.
Array Analytics' Pivotal platform lets users plan potential patient-care locations, factoring in travel time, patient volume and the competition's locations.
It is often said the Federal Reserve is "data dependent" in its quest to accurately calibrate U.S. monetary policy. With that in mind, it may be surprising the major equity benchmarks did not do more gyrating Thursday following the release of one particularly concerning data point.Source: Venturelli Luca / Shutterstock.com Earlier today, the August reading of the Markit manufacturing purchasing managers index check in at 49.9, the first reading below 50 in about a decade. Readings below 50 are generally considered negative, particularly if they are accrued in consecutive months. That hasn't happened yet, but this is a data point that should not be ignored.As has been widely noted, the Fed expects to take appropriate measures if the U.S. economy shows signs of wilting. With yesterday's release of minutes from the Federal Open Market Committee (FOMC), it looked like some Fed members want large rate cuts.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Marijuana Stocks That Could See 100% Gains, If Not More However, that thesis may have been a short-term blow today as President of the Philadelphia Fed Patrick Harker said he doesn't believe more monetary stimulus is needed, while Kansas City Federal Reserve Bank President Esther George said she sees the U.S. economy as still on solid ground.Even with all that Fed speak, the Nasdaq Composite lost just 0.36% while the S&P 500 dropped 0.05%. The Dow Jones Industrial Average mustered a gain of 0.19%. Big Boeing BounceIn what is certainly good news because it is the largest Dow stock, frequent guest of this space Boeing (NYSE:BA) surged 4.25% on above-average volume on news that the Federal Aviation Administration (FAA) is planning to run software tests for Boeing's 737 MAX passenger jet with newer pilots as soon as next month.The tests are expected to involved pilots with around a year of flight time. Obviously, the results of those tests remain to be seen, but the news is the latest sign that Boeing may be able to meet investors' expectations that the 737 MAX could be back in the air sometime before the end of 2019."As part of its own testing process Boeing has invited senior U.S. airline pilots to experiment with the software fix and use simulators to run scenarios similar to the ones that led to the two crashes," according to Reuters.Boeing is also attempting to fill hundreds of temporary jobs aimed at getting the 737 MAX back in the skies in the fourth quarter. Apple NewsIn late trading, Apple (NASDAQ:AAPL) was clinging to a modest gain. The company is just a few weeks away from its annual refresh of critical products, including the iPhone. Today, rumors circulated that Apple could unveil as many as three new iPhones next month as well as unveil significant upgrades to the iPad and its most popular laptops."Also coming in 2019: refreshed versions of the iPad Pro with upgraded cameras and faster chips, an entry-level iPad with a larger screen, new versions of the Apple Watch, and the first revamp to the MacBook Pro laptop in three years," Bloomberg reported, citing sources familiar with the matter.At the upcoming Apple event, investors will also likely be demanding clues and updates about Apple's streaming entertainment effort, Apple+. Dow DogsAmong the worst of the day's Dow offenders today was UnitedHealth (NYSE:UNH). Weakness in UNH shares today wasn't a symptom of healthcare weakness because the Dow's three other healthcare components traded slightly higher. I don't like to speculate, but UNH slumped a day after the requirements for the next round of Democratic debates were released. Good news for UNH: supporters of Medicare For All are growing mum.Chemicals maker Dow (NYSE:DOW) continues to be a dog with fleas. Read more about that condition as it pertains to the stock here. Today, the stock lost 2.74% after 20 mayors in France announced a ban on glyphosate, a weed killer that dozens of companies, including Dow, sell around the world. Bottom Line on the DowIt's all about data right now. That and Fed Chairman Jerome Powell's speech from Jackson Hole tomorrow. I've frequently mentioned the importance of the consumer in this space and there are now inklings that there is some softness on that front. Should that weakness persist, the Fed governors mentioned above may have no choice but to get on board with more rate cuts.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks That Could See 100% Gains, If Not More * 11 Stocks Under $10 to Buy Now * 6 China Stocks to Buy on the Dip The post Dow Jones Today: Data Dependency Emerges appeared first on InvestorPlace.
Although most investors consider the venerable Dow Jones as the benchmark index, in reality, folks should instead consider names like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN). After all, an investment toward Alphabet stock gives you wide-ranging exposure to the most relevant and lucrative sectors.Source: Valeriya Zankovych / Shutterstock.com Unfortunately, being relevant doesn't necessarily protect you from a broader market downturn. Since the U.S.-China trade war has ratcheted up several notches in intensity, equities have not offered much stability. That goes for the GOOGL stock price, along with the market values of the internet giant's peers.Of course, it's now very tempting to go discount shopping on big tech firms. For instance, Alphabet stock has shed more than 4% since gapping up on July 26. During this same period, rivals AMZN and FB have lost 6% and 8%, respectively.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis gamble might pay off for the speculator. But if your investing style leans more to the conservative end of the spectrum, there's nothing wrong with waiting. Yes, the GOOGL stock price below $1,200 is enticing. Based on the longer-term chart, shares really want to bust through the $1,300 level decisively. * 10 Marijuana Stocks to Ride High on the Farm Bill However, we could have a very ugly recession threat on our hands. Primarily, President Donald Trump may be losing control of the situation. Recently, he declared himself the "Chosen One" as he defended his aggressive stance on China. To me, this is the sound of panicking and bodes poorly for Alphabet stock in the interim.That's because history shows us - like the Smoot-Hawley Tariff Act - that wrong high-level choices have severe consequences. Therefore, you don't want to go crazy on GOOGL stock. The Risky, but Fundamentally Sound Case for Alphabet StockBut should you avoid GOOGL stock indefinitely?I'm going to be upfront. If you want both a defensive position and to stay in equities, I'd go for the boring companies: Procter & Gamble (NYSE:PG), Kimberly Clark (NYSE:KMB), and Home Depot (NYSE:HD). These are companies that have consistent demand. In my opinion, they're too boring to disrupt, giving them an Amazon moat.However, if you can handle some risk, I'd buy Alphabet stock on the next big dip. Why? Ultimately, the tech giant is a play on everything relevant.Principally, most analysts focus on the dominant presence that Alphabet levers in the U.S. digital-ad space. Together with Facebook, the fearsome duo takes home about 60% market share. Obviously, this is a compelling reason to consider Alphabet, especially if the GOOGL stock price tanks. Equity losses won't immediately translate to a loss in ad dominance.While competitors like Amazon are butting into the arena, GOOGL has a very sizable lead. And this synergizes well with Alphabet's supremacy in the search engine space.Let's zoom out to a wider angle. Even if we suffer a recession, we won't suddenly transition to a "Mad Max"-like society. Instead, people will do normal things, like look for a job. For such a purpose, Google (and Facebook) will see a lift in traffic, helping Alphabet stock move higher.Also, businesses desperate to gain traction will likely advertise through Google. Again, just because we're in a recession doesn't mean our behaviors will incur a paradigm shift. In this digitized economy, traditional advertising channels have become obsolete. Thus, if you want to do anything, you must do so digitally. It's unfair perhaps, but it's also a driving force for Alphabet stock. Multi-faceted Tech Business Supports GOOGL StockIf the digital-ad presence wasn't enough of a convincing reason, then investors should zoom out even wider.Whether or not you agree with the Trump administration's stance on China, the Asian power has compromised U.S. interests. In his world view, President Trump must hold China accountable for their actions.But underlining the events that led up to the trade war is China's desire to dominate world affairs. Their government even has a name for it: "Made in China 2025." And it's not just the second-biggest economy that's tired of American geopolitical hegemony. In recent years, Russia's actions harken back to the Soviet Union era.What does this have to do with Alphabet stock? The tech firm attained leadership in many of the categories for which our adversaries wish to dominate, such as artificial intelligence. Right now, U.S. government agencies are taking a close look at big tech's anti-competitive behaviors.But that prosecution will probably fade into the background if we have a recession, especially one related to an adversary. Instead, an economic downturn could translate to a rallying cry for GOOGL stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Alphabet Stock Has Recession-Resistant Trump Cards appeared first on InvestorPlace.
Wall Street is sliding lower on Thursday, weighed down by word that United States manufacturing activity fell into contractionary territory for the first time in nearly 10 years. A recession certainly seems like a growing possibility as the U.S.-China trade spat bites hard alongside the delayed response of all those Federal Reserve interest rates hikes of recent years.Adding to the pressure was a disappointed reaction to yesterday's release of the latest Federal Reserve meeting minutes, which revealed that policy makers are quite skeptical about the need for further interest rate hikes at this juncture. This stands in sharp contrast to the market's expectations for the start of an aggressive rate cut campaign. * 10 Undervalued Stocks With Breakout Potential With all the crosscurrents, investors would do well to focus their attention on the more defensive names in the market. Here are four mega-cap stocks to buy that are perking up.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Mega-Cap Stocks to Buy: Boeing (BA)The clouds are finally starting to part for Boeing (NYSE:BA) shares as prices move to challenge the 50-day and 200-day moving averages. Watch for a rise to the upper end of the post-March trading range near $390, which would be worth a gain of roughly 10% from here. Shares are pushing higher thanks to a reiteration of a buy rating by analysts at Cowen on expectations of a 737 MAX recertification flight within the next four to six weeks. Once the 737 MAX gets flying again, investors can once again focus on a massive order backlog.The company will next report results Oct. 23 before the bell. Analysts are looking for earnings of $2.31 per share on revenues of $20.4 billion. When the company last reported July 24, a loss of $5.82 beat estimates by 84 cents. Coca-Cola (KO)Coca-Cola (NYSE:KO) is on a steady climb higher, holding above its 50-day moving average, capping a nice 25% rally off of its March low. Shares were recently added to Morgan Stanley's "Fresh Money Buy List" on stronger price power, volume growth and new products bolstering earnings per share growth. Nice qualities to have in a defensive business at a time like this. * 10 Marijuana Stocks to Ride High on the Farm Bill The company will next report results Oct. 30 before the bell. Analysts are looking for earnings of 56 cents per share on revenues of $9.5 billion. When the company last reported July 23, earnings of 63 cents per share beat estimates by 2 cents on a 6.1% rise in revenues. McDonalds (MCD)With traffic trends improving thanks to new promotional initiatives, McDonalds (NYSE:MCD) stock is performing well and enjoying a steady rise alongside its 50-day moving average. Longbow analysts recently did a channel check and found that third-quarter same-store sales growth is tracking in line with expectations. Analysts at MKM Partners recently initiated coverage with a buy rating and a $250 price target.The company will next report results Oct. 22 before the bell. Analysts are looking for earnings of $2.21 per share on revenues of $5.5 billion. When the company last reported July 26, earnings of $2.05 matched estimates on a 0.2% decline in revenues. Procter & Gamble (PG)Shares of consumer staples icon Procter & Gamble (NYSE:PG) are also enjoying a smooth and steady rise alongside its 50-day moving average. The company has been largely able to shrug off higher costs by pushing through the impact to consumers thanks to strong brand power and innovative products.The company will next report results Oct. 18 before the bell. Analysts are looking for earnings of $1.24 per share on revenues of $17.5 billion. When the company last reported July 30, earnings of $1.10 beat estimates by 5 cents on a 3.6% rise in revenues.As of this writing, William Roth did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks That Could See 100% Gains, If Not More * 11 Stocks Under $10 to Buy Now * 6 China Stocks to Buy on the Dip The post 4 Defensive Mega-Cap Stocks to Buy Now appeared first on InvestorPlace.
Procter & Gamble stock benefits from its strong organic sales. On average, the company’s organic sales have increased by 5% in the last four quarters.
A veteran Cincinnati dermatologist who reportedly has had a role in some clinical trials for Procter & Gamble has been tapped as medical director of a new division of a cannabis company that intends to develop, produce and market medical CBD products.
DOW UPDATE Shares of Dow Inc. and UnitedHealth are retreating Thursday morning, sending the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 5 points, or 0.
DOW UPDATE Shares of UnitedHealth and Microsoft are trading lower Thursday morning, dragging the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 74 points lower (-0.
Endo International and Allergan could avoid going to trial in a landmark case out of Ohio accusing pharmaceutical companies of marketing practices that preceded the opioid epidemic.