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This basket consists of stocks that benefit from the needs of aging baby boomers.
The Procter & Gamble Company
UnitedHealth Group Incorporated
Royal Caribbean Cruises Ltd.
Healthpeak Properties, Inc.
Service Corporation International
Matthews International Corporation
LifePoint Health, Inc.
Is Hillenbrand, Inc. (NYSE:HI) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus […]
Admittedly, I work for several employers, but it’s all virtual. Over the last five years U.S. workers working remotely grew 44% to around 4.7 million, according to research by job board Flexjobs.com in partnership with Global Workplace Analytics. In a study conducted by Condeco Software, 41% of global businesses surveyed say they already offer some degree of remote working.
The November jobs report delivered today before the opening bell brought some holiday cheer and that was enough to send stocks soaring to close the week as the major equity benchmarks closed higher for a third consecutive day.Source: Provided by Finviz * The S&P 500 surged 0.91% * The Dow Jones Industrial Average rallied 1.22% * The Nasdaq Composite soared 1% * For the second time this week, industrial 3M (NYSE:MMM) was the Dow's daily leader, advancing 4.32% on news of an asset saleThe Labor Department said the U.S. economy added 266,000 new jobs last month, while the October number was revised higher to 156,000. Economists were expecting the addition of 180,000 jobs in November.Alright, so let's assume there are naysayers out there and there probably are. They'll say, and they're not wrong, that November report was aided by 41,000 General Motors (NYSE:GM) employees heading back to work, seasonal hiring for the holiday shopping season and census hiring. All true, but even combined, those factors likely didn't account for 266,000 jobs in a single month.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Hot Stocks for 2020's Big Trends Moreover, the unemployment rate dipped to a 50-year low of 3.9% while wages rose 3.1%. Some investors may be apt to look for the political implications of these numbers and there are undoubtedly some, but these numbers also reveal that near-term downside for stocks may be limited and that's obviously good news.In late trading, 27 of the Dow's 30 components were in the green and of the three losers, downside was limited. UnitedHealth (NYSE:UNH) was the Dow's worst performer today, but its Friday loss was modest and that stock has been on a tear of late. 3M RenaissanceIndustrial conglomerate 3M is one of the Dow's worst-performing names this year and it will take a miracle, Christmas or otherwise, for the shares to finish the year flat. A 13.70% year-to-date loss is difficult to overcome with not many trading days left in the year.However, 3M did give investors reasons to cheer today as it paced the Dow on rumors that the company is mulling a sale of its drug delivery systems unit, which could command $1 billion. That's not jaw-dropping news for a $95 billion company, so the stock's move today was likely more attributable to the jobs report and news that China is planning to waive some tariffs on U.S. commodities imports.That's relevant to 3M because the stock is trade sensitive and with China showing a gesture of good faith, President Trump may decide to back off of tariffs slated to go into effect on Dec. 15. Consumer CheerThe aforementioned jobs report wasn't the only cheery piece of economic data out today. The University of Michigan's preliminary sentiment index for December jumped to 99.2 from from 96.8 last month. An interesting element of that report is that respondents were divided along partisan lines with Republicans feeling good while sentiment among Democrats declined.Politics aside, the Dow's three consumer discretionary names -- Home Depot (NYSE:HD), McDonald's (NYSE:MCD) and Nike (NYSE:NKE) -- all closed higher. Underscoring the strength in that trio, McDonald's was the worst performer today, adding about half a percent.Keeping with theme of consumer strength, Walmart (NYSE:WMT), the largest domestic retailer, meaning it's highly levered to the jobs and consumer sentiment data points, added 0.94%. Disney DividendWalt Disney (NYSE:DIS) announced a modest dividend increase, saying its payout for fiscal 2019 will be $1.76 a share, up from $1.72 in fiscal 2018. That works out to 88 cents per share on a semi-annual basis. * 10 Stocks That Should Be Every Young Investor's First Choice "This has been a monumental year for The Walt Disney Company, marked by the launch of our new streaming service Disney+ and the completion of our acquisition of 21st Century Fox," said Disney CEO Bob Iger in a statement. "We are pleased to deliver another substantial dividend to shareholders as we continue to invest in the company's future." Bottom Line on the Dow Jones TodayFor those addicted to Federal Reserve rate cuts, today's data points weren't good news, but that's good news for the rest of the market. Sure, November's pace of job creation will be difficult to maintain, but even it remains simply "strong," the Fed won't be compelled to trim rates again anytime soon."We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the economy remains broadly consistent with our outlook of moderate economic growth, a strong labor market and stable inflation," said Fed Chairman Jerome Powell in Congressional testimony last month. "There is nothing in the November jobs report would seem to undermine that view."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 Hot Stocks for 2020's Big Trends * 7 Lumbering Large-Cap Stocks to Avoid * 5 ETFs for Oodles of Monthly Dividends The post Dow Jones Today: Jobs Jubilee Sends Stocks Soaring appeared first on InvestorPlace.
Procter & Gamble research on packaging for liquid products is being commercialized via a licensing agreement with Innventure, a group of experts in launching new businesses.
A new Procter & Gamble commercial celebrates the LGBTQ+ community by featuring a Christmas carol sung by a chorus of transgender, non-binary, intersex, gender-non-conforming and gender-fluid individuals.
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.
Stocks moved modestly on a day in which Democratic leadership in the House confirmed articles of impeachment will be filed against President Trump, indicating the trade relationship with China is a bigger priority for markets than party politics. * The S&P 500 rose 0.15% * The Dow Jones Industrial Average climbed 0.10% today * The Nasdaq Composite advanced 0.05% * Supported by positive analyst chatter, Nike (NYSE:NKE) was the Dow leader today, jumping 2.21%.Talk that President Trump could back off tariffs on Chinese imports set to go into effect on Dec. 15 along with reports that officials from both sides remain engaged in talks lifted stocks today."Chinese officials are in 'close contact' with their American counterparts on negotiations, said Ministry of Commerce spokesman Gao Feng," reports Bloomberg.InvestorPlace - Stock Market News, Stock Advice & Trading TipsStill, not all of the China-related headlines out Thursday were perfect. For example, Treasury Secretary Steven Mnuchin said earlier today he supports China being removed from a World Bank program designed to help smaller, less affluent nations refinance debt. * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping "Mnuchin added that the selection of former Treasury Undersecretary David Malpass as the World Bank's president earlier this year gives him confidence the institution will revise its practices to make its lending more equitable." according to CNBC.Those comments may have capped stocks' gains today as just 14 of the Dow's 30 members were higher in late trading. Nike Runs Higher On Goldman UpgradeAs noted above, Nike was the best-performing name in the Dow today and an upgrade from Goldman Sachs explains why the stock surged. Nike entered Thursday with a year-to-date gain of 26%, putting it ahead of the S&P 500 and well ahead of the Dow. Goldman Sachs analyst Alexandra Walvis believes the good times can continue next year.She upgraded Nike to "buy" from "neutral" while adding the stock to Goldman's prestigious conviction buy list."Evidence of building pricing power, signs of operating leverage, accelerating shift to differentiated retail, sharply scaling app ecosystem, and a constructive global athletic growth backdrop," said Walvis in a note to clients.The analyst has a $112 price target on Nike, implying upside of about 20%. Happy Holidays With AppleApple (NASDAQ:AAPL) is classified as a technology stock, but it's very much levered to strength in the consumer sector, making it a credible play on the holiday shopping theme. Wall Streets seems to agree with that sentiment.Today, Citigroup analyst Jim Suva reiterated a "buy" rating on Apple, noting that the holiday season offers plenty of catalysts for the stock."This Christmas is different for Apple," said the Citigroup analyst. "Apple's product offerings as well as pricing strategies and recent demand trends augur for a better Christmas quarter compared with last [fiscal] year when Apple negatively preannounced." Good News For This SectorThe healthcare sector, the second-largest group in the S&P 500 behind technology and an important part of the Dow as well, has been getting plenty of attention thanks to a recent resurgence. Dow component UnitedHealth (NYSE:UNH) has been leading that climb and that stock, along with fellow Dow member Johnson & Johnson (NYSE:JNJ) traded higher today.In other words, it was a mixed bag for Dow healthcare stocks on Thursday with Pfizer (NYSE:PFE) trading lower. But don't fret. Healthcare is looking healthy and could be a rewarding defensive play in 2020. * 10 Hot Pot Stocks to Buy "I believe that it's broken out so strongly that even after … it works off that overbought condition, it's going to rally higher … if we do have a big scare on the tariff side. But it also should rally even if the whole market moves up. So it's kind of a win-win situation, again, after a little bit of a breather on the near term," said Matt Maley, chief market strategist at Miller Tabak, of the healthcare sector in a CNBC interview. Bottom LineTwo days in a row of good/no bad news on the trade front is encouraging, but near-term bullishness will be tested tomorrow when the Labor Department delivers the November jobs report before the bell. The ADP private payroll survey out earlier this week was weaker-than-expected, indicating the same could be true of the more Labor Department number.Economists are expecting the addition of 185,000 new jobs last month. If the number comes in well below that level and the October and September numbers are revised lower, Friday could be a rough day for riskier assets.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 Retail Stocks to Buy That Dominated Thanksgiving Shopping * 6 Manufacturing Stocks to Buy as the Economy Recovers * The 7 Best Cryptocurrencies to Buy as Blockchain Heats Up The post Dow Jones Today: Trade Influenced Stocks More Than Impeachment News appeared first on InvestorPlace.
Heather Holic moved to Orlando in 1999 to go to the University of Central Florida and never left, quickly becoming one of the area's most promising leaders. Holic, 38, is regional vice president of Florida markets for UnitedHealthcare of Florida Inc. in Maitland — whose parent company is Minnetonka, Minnesota-based UnitedHealth Group Inc. (NYSE: UNH). Holic oversees five teams with 33 employees in Orlando, Jacksonville, Tampa, Pensacola and South Florida.
An environmental activist dressed as Santa Claus was charged with trespass after he led a couple of others who were costumed as reindeer in a protest that included delivering bags of coal to the Cincinnati headquarters of Procter & Gamble.
A former Milacron Holdings Corp. executive has been named to the C-suite of Hillenbrand Inc., which recently purchased the West Chester-based manufacturer.
Tilly's and Five Below rallied, while Nike led the Dow Jones today as the stock market looked to add a second day to its rebound.
UnitedHealth's (UNH) guidance for 2020 indicates revenue and earnings growth but it is believed to be conservative, leading to a decline in shares.
UnitedHealth Group Inc (NYSE: UNH ) plummeted ahead of Tuesday’s investor day and failed to recover throughout the session. However, analysts walked away from the presentation more bullish on the stock. ...
United Healthcare's recent Investor Day left analysts largely more positive on the stock than they were before that event. At the managed-care giant's Investor Day, the New York company said it's forecasting 2020 adjusted earnings per share of between $16.25 and $16.55, with the midpoint of $16.40 missing analysts estimates of $16.46 by 3%. Adding to the optimism, "With about $17 billion of free cash flow in 2020, the company has ample flexibility to pursue acquisitions," wrote Cantor Fitzgerald analyst Steven Halper in a note.
AstraZeneca (AZN) divests commercial rights to its schizophrenia and bipolar disorder medicines Seroquel/Seroquel XR in the United States and Canada to Cheplapharm Arzneimittel GmbH.
AbbVie stock fell on its $63 billion plan to acquire Botox-maker Allergan, which helps the pharmaceutical company diversify as Humira patents expire. So, is ABBV stock a buy right now?
DOW UPDATE The Dow Jones Industrial Average is trading up Wednesday morning with shares of Dow Inc. and Johnson & Johnson leading the way for the price-weighted average. Shares of Dow Inc. (DOW) and Johnson & Johnson (JNJ) are contributing to the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 171 points (0.