March 12, 2016

These 2 Stocks Could Boost Their Dividends Twice In 2016

Looking for an easy way to boost your portfolio’s yield by 30% and watch your dividends rise more than once a year? I’ve got one for you. And it’ll help you pick up some valuable international exposure, to boot.
All you have to do is look north, to Canada, where there are plenty of top-flight dividend stocks on sale now, like the two I’ll name a little further on.
I know that when most US investors think of Canada, they think of oil and gas—not exactly the best place to be right now. (And these days, some of us may be looking to our northern neighbor as a refuge if Donald Trump wins the presidency.)

But here’s what you may not know: the energy sector, important as it is, only accounts for 10% of Canada’s GDP. Beyond that wild industry, you’ll find a grab bag of stocks with high, safe yields. Just look at the current yield on their main stock exchange, the S&P/TSX Composite Index. Right now, it sits around 3%, or about 30% more than the S&P 500, at about 2.3%. Continue Reading at Contrarian Outlook... 

2 Top Dividend Aristocrats for Your Retirement Portfolio

If you’re a retiree, or a near-retiree, you’ve probably been told you should dump—or at least reduce—your stock holdings and focus on fixed-income investments.
It sounds like a smart move, right? After all, CDs, Treasuries and the like protect your principal, while one big downturn can wipe out your stock-market gains.
But going lean on stocks leaves you open to two big risks: that you’ll outlive your savings and miss out on the long-term gains only the stock market can offer.
Consider these numbers from the Society of Actuaries: if you’re a 65-year-old man, you have a 41% chance of living to 85 and 20% odds of hitting 90. If you’re a woman of the same age, your chances jump to 53% that you’ll make 85 and 32% for 90.
But here’s the part most retirees overlook: if you’re married, the odds one of you will still be around at 85 take a big leap—to 72%.

That’s the lifespan side of the equation. Here’s the investment side: according to Oppenheimer, the S&P 500 notched an average annual return of 7.2% over any 20-year holding period from 1950 to 2010 (measured in rolling monthly periods). Try getting that kind of performance out of a Treasury or a CD. Continue Reading at Contrarian Outlook... 

Chevron Co. (CVX) Rating Increased to Neutral


Chevron Co. (NYSE:CVX) was upgraded by investment analysts at Goldman Sachs from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Friday, StockTargetPrices.com reports.
Shares of Chevron (NYSE:CVX) opened at 93.94 on Friday. Chevron has a 52-week low of $69.58 and a 52-week high of $112.20. The company has a 50-day moving average of $85.65 and a 200 day moving average of $85.85. The stock has a market cap of $176.90 billion and a P/E ratio of 38.34.

Source: American Banking and Market News

March 9, 2016

BHP Billiton Limited (BHP) Cut to Hold


BHP Billiton Limited (NYSE:BHP) was downgraded by research analysts at Jefferies Group from a “buy” rating to a “hold” rating in a research report issued on Wednesday, StockTargetPrices.com reports.
Other hedge funds and institutional investors have bought and sold shares of the company. Commerzbank Aktiengesellschaft FI boosted its position in BHP Billiton Limited by 1.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 72,367 shares of the mining company’s stock worth $1,864,000 after buying an additional 1,008 shares in the last quarter.

Source: The Hilltop News.

March 7, 2016

AbbVie Inc (ABBV) Downgraded to Buy


AbbVie Inc (NASDAQ:ABBV) was downgraded by equities researchers at Goldman Sachs from a “conviction-buy” rating to a “buy” rating in a research note issued to investors on Monday, The Fly reports.
In other news, SVP Timothy J. Richmond sold 12,866 shares of AbbVie stock in a transaction that occurred on Tuesday, March 1st. The shares were sold at an average price of $55.05, for a total transaction of $708,273.30. Following the completion of the sale, the senior vice president now directly owns 79,064 shares in the company, valued at approximately $4,352,473.20. The transaction was disclosed in a legal filing with the SEC,

Source: The Hilltop News.

Cardinal Health Inc (CAH) Upgraded to Conviction-Buy


Cardinal Health Inc (NYSE:CAH) was upgraded by investment analysts at Goldman Sachs from a “buy” rating to a “conviction-buy” rating in a report released on Monday, The Fly reports.
Several large investors have recently added to or reduced their stakes in CAH. HighPoint Advisor Group LLC purchased a new stake in Cardinal Health during the fourth quarter worth about $265,000. BKD Wealth Advisors LLC purchased a new stake in Cardinal Health during the fourth quarter worth about $286,000. Coastline Trust Company purchased a new stake in Cardinal Health during the fourth quarter worth about $412,000. 

Source: American Banking and Market News