7 Big Dividend Stocks to Consider In a Low-Rate World


With rates set to remain lower for longer, these seven big dividend stocks are due for strong performances



One of the biggest themes of financial markets in 2019 has been plunging rates. The 10-Year Treasury yield (alongside pretty much every other fixed income rate) has plunged in 2019, dropping from 2.7% on Christmas Eve 2018, to just over 2% in late July 2019.

The catalyst? Slowing economic expansion across the globe, which central banks want to curb. As such, central banks around the world project to cut rates in an insurance move to prolong the current economic expansion. Rates have plunged in anticipation of these cuts.

Will rates stay lower for longer? Probably. The Federal Reserve will likely cut rates a few times in the back half of 2019 to prolong the current economic expansion and breathe life back into the sluggish industrial economy, which has been hurt by rising geopolitical tensions. As such, the plunging rates theme of 2019 projects to turn into a consistent low rates theme in the second half of 2019.

There are two big implications for equities in a low rate world. First, equity valuations will move higher, since lower fixed income yields justify lower earnings yields, and therefore, a higher equity multiple. Second, investors will flock to stable dividend stocks, since many of those stocks are now yielding more than fixed income instruments.





Consequently, investors should do two things here. One, stay long the stock market. The environment remains favorable for stocks to go higher. Two, consider playing defense by buying some dividend stocks. So long as rates remain low, these stocks should have huge investor demand.

With that in mind, let’s take a look at seven big dividend stocks investors should consider in today’s rate world.



The 9 Best Stocks to Buy for the Next Decade


You can put these stocks in a drawer and not look at them again for the next 10 years


A few years ago, InvestorPlace contributor Dan Burrows highlighted the ten best-performing S&P 500 stocks of the past decade. The most important lesson one finds by studying these high-flying stocks is that patience wins out over all other attributes of a successful investor.

A classic example of how true this is involves the Fidelity Magellan Fund (MUTF:FMAGX), the large mutual fund made famous by portfolio manager Peter Lynch. Lynch ran the fund for 13 years from 1977 until 1990, growing it from $20 million to $14 billion before stepping aside.

Fidelity studied the returns of Fidelity Magellan unit holders over those 13 years to see how they compared to the legendary portfolio manager. While Lynch managed to achieve a 29% annual return over this period, the average investor lost money.

Patience would have served those investors well, as the ups and downs of the stock market shook them out of their positions — and in doing so, deprived them of millions of dollars in profits. A $10,000 investment in 1977 held until 1990 was worth $273,947 by the end of that 13-year period.





I’m not Peter Lynch, but I can say with some confidence that the following names are the nine best stocks to buy for the next decade.



13 Best Stocks to Buy for the Next Stock Market Correction


The stock market has been shaken in recent days by an escalation of the trade battle with China, as well as a Federal Reserve move to lower benchmark interest rates for the first time since 2008 – but not by as much as some on Wall Street hoped. But even after heavy selling, Standard & Poor’s 500-stock index remains just a few percent off all-time highs.

Is this the start of a long-awaited stock market correction? Possibly. But rather than trying to gauge exactly when a correction is coming or what will spark it, a better plan is to simply prepare. That is, you can shift the composition of your portfolio so it can better weather a storm – but still profit as long as the bull keeps running.

A more defensive posture does have drawbacks; nothing is free. The biggest problem is being underweight the stocks that are still driving the market higher. But for investors who do think a correction is coming and don’t want to play the losing game of trying to time the market, we’ve asked a group of investment managers and other experts which stocks they expect to hold up should the market pull back.





Here are 13 of the best stocks to buy to ride out a stock market correction. Most of these revolve around the idea of investing in high-quality companies that have good cash flows and business health, boasting pricing power and stable customer demand. This includes consumer staples stocks that sell products and services that people cannot live without. A couple will help raise your exposure to gold, which is emerging from a multiyear slumber.


Goldman Sachs: 5 High-Growth Stocks To Buy Now


Goldman Sachs has just revealed a valuable investing strategy that’s worth keeping a close eye on in the coming months. The firm is now recommending stocks with the fastest expected return-on-equity growth (or ROE).

That’s because market upside is increasingly limited from current lofty levels, says Goldman Sachs. Indeed, the S&P 500 has already put on a 17% sprint year-to-date- which means it is now trading very close to its fair value relative to interest rates, profitability and price-to-book valuations. As a result, investors must be particularly savvy when scouting for stocks with the potential to generate outsized returns.

“We forecast flat S&P 500 margins through 2020, with risks tilted to the downside. ... Amid concerns about the growth and profitability outlook this year, investors have assigned a premium to companies able to expand ROE,” the firm’s chief US equity strategist David Kostin said.

He directed investors to the firm’s basket of 50 S&P 500 stocks with the highest consensus estimates of ROE growth. This basket is already proving its worth and is currently beating the index by 5 percentage points year-to-date. In essence, ROE reflects the return a company generates on capital that is owned by the shareholders.





“The basket typically outperforms in weakening growth environments as investors assign a scarcity premium to firms that are able to expand ROE despite index-level headwinds,” Kostin told investors. So with this outlook in mind, here are five stocks that feature on the firm’s ROE basket list:



Main Street Capital Corporation: Finally, A Safe High-Yield Stock


Main Street Capital Corporation Now Pays 7%



I usually avoid high-yield stocks, and for good reason.

Each day, I screen the market for new investment ideas. And with a few mouse clicks, you can pull up dozens of high-yield securities. Right now, for instance, 120 stocks now pay out more than 10%.

Those yields might sound great, until you look at the companies behind them; they’re mostly junk. The companies behind these high-yield stocks often fail to generate enough cash to cover their distributions. In most cases, it’s only a matter of time before the payout gets slashed.

That said, sometimes you do find exceptions. Over the years, I’ve found pockets of safe high-yield stocks buried in the trash. You just need to shift through a lot of rubbage. And recently, I found one of these “pockets” in the lending business: Main Street Capital Corporation (NYSE:MAIN).





Main Street’s business model is pretty straightforward to wrap your head around: the company lends money to other businesses and collects interest payments. The profit comes from the spread between the yield earned on these loans and its cost of capital.



8 Monthly Dividend Stocks to Buy for Consistent Income


Our bills are monthly, most dividend payouts aren't



With so much uncertainty weighing on key economic metrics — most notably the U.S.-China trade war — the idea of buying dividend stocks is an attractive one. Primarily, as passive-income generating securities, dividend-bearers are likely to weather volatility better than stocks that don’t offer payouts. Plus, any capital returns are bonuses on top of the yield.

However, dividend stocks typically have one glaring weakness, especially for those who depend on stocks for income: their payouts occur on a quarterly basis. That’s not particularly helpful when our society revolves around monthly cost expenditures, such as mortgages, car payments, and utility bills. And that’s one of the reasons why monthly dividend stocks are so attractive.

Under this arrangement, you’re receiving income 12 times a year as opposed to the usual four times. Because money has a time component to it, monthly dividend stocks allow investors much more flexibility. Also, if you like to reinvest dividends into more shares of the target asset, a monthly schedule allows you to advantage technical dynamics, such as a pricing dip.

That said, conservative investors should adopt the same precautions toward monthly dividend stocks as you would any income-generating investment. For instance, you should never jump aboard a company or fund merely because they pay out monthly. The key here is healthy cash flows and robust, stable sectors.





At the same time, monthly dividend stocks offer speculators a reason to join in on the fun. With payouts every 30 days, sometimes risky, high-yielding names offer compelling opportunities. Of course, that depends on your personal tolerance to volatility.

And with these cautionary notes out of the way, here are the eight best monthly dividend stocks to consider in 2019:

Continue reading …


Pfizer's Mylan Deal Keeps Income Investors Whole But Will Likely Affect The Firm's Current Dividend


Pfizer (PFE) has taken steps in recent years to focus its business on higher-margin, faster-growing prescription drugs. For example, in 2013 the company spun off its animal health business, late last year Pfizer reached a deal with GlaxoSmithKline (GSK) to combine their consumer health businesses, and in June 2019 the firm agreed to buy cancer treatment firm Array BioPharma for $10.6 billion.

Pfizer's evolution took its biggest step forward this past weekend when management announced plans to combine its off-patent established medicines with generic drugmaker Mylan (MYL), creating a new global pharmaceutical company with nearly $20 billion in revenue. This deal has important implications for dividend investors.

Pfizer's established drugs business, which management calls Upjohn, was expected to account for about 18% of the company's EBITDA in the year ahead. Therefore, once the transaction closes in mid-2020, subject to approval by Mylan shareholders, Pfizer's cash flow will fall significantly. We estimate the firm's payout ratio will rise to between 65% and 80%.

While Pfizer's $8 billion annual dividend commitment would still be covered by the $10 billion or so of free cash flow the firm will likely generate, management probably desires to retain more cash flow to invest in drug development and acquisitions.





After all, Pfizer has taken these separation actions to improve its standalone growth profile. By spotlighting its faster-growing drugs that enjoy patent protection, management hopes Pfizer will achieve a higher valuation. Companies focused more on growth typically do not maintain a high payout ratio.



Week's Most Significant Insider Trades: Week of July 29, 2019



Acquisitions:


AbbVie Inc (NYSE:ABBV) Director Roxanne S. Austin bought 10,000 shares of the company’s stock in a transaction dated Tuesday, July 30th. The shares were purchased at an average cost of $66.35 per share, with a total value of $663,500.00. Following the acquisition, the director now directly owns 62,114 shares of the company’s stock, valued at approximately $4,121,263.90. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Read more …

AbbVie Inc (NYSE:ABBV) EVP Henry O. Gosebruch acquired 30,000 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was purchased at an average price of $67.28 per share, for a total transaction of $2,018,400.00. Following the completion of the transaction, the executive vice president now owns 75,763 shares in the company, valued at $5,097,334.64. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website Read more…

AbbVie Inc (NYSE:ABBV) Director Roxanne S. Austin acquired 55,000 shares of the firm’s stock in a transaction on Thursday, August 1st. The shares were bought at an average cost of $65.86 per share, with a total value of $3,622,300.00. Following the completion of the transaction, the director now directly owns 92,114 shares in the company, valued at approximately $6,066,628.04. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

ABBV opened at $65.35 on Friday. The company has a 50 day simple moving average of $71.69. The firm has a market cap of $96.61 billion, a PE ratio of 8.26, a P/E/G ratio of 1.59 and a beta of 0.96. AbbVie Inc has a 12 month low of $65.03 and a 12 month high of $100.23. Read more …


Bristol-Myers Squibb Co (NYSE:BMY) Director Robert J. Bertolini acquired 11,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were bought at an average cost of $44.72 per share, for a total transaction of $491,920.00. Following the transaction, the director now owns 11,397 shares of the company’s stock, valued at $509,673.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of NYSE BMY opened at $45.99 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 3.75 and a current ratio of 3.88. The firm has a market capitalization of $72.64 billion, a P/E ratio of 10.30, a PEG ratio of 2.20 and a beta of 0.73. The business has a 50-day simple moving average of $45.66. Bristol-Myers Squibb Co has a fifty-two week low of $42.48 and a fifty-two week high of $63.69. Read more …






Mastercard Inc (NYSE:MA) Director Lance Darrell Gordon Uggla acquired 1,500 shares of Mastercard stock in a transaction on Thursday, August 1st. The shares were bought at an average cost of $275.71 per share, for a total transaction of $413,565.00. Following the completion of the transaction, the director now owns 3,691 shares in the company, valued at approximately $1,017,645.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Mastercard stock opened at $269.45 on Friday. The company has a market cap of $275.25 billion, a PE ratio of 41.52, a price-to-earnings-growth ratio of 2.18 and a beta of 1.07. The stock has a 50-day moving average price of $271.45. Mastercard Inc has a 1 year low of $171.89 and a 1 year high of $283.33. The company has a current ratio of 1.49, a quick ratio of 1.41 and a debt-to-equity ratio of 1.55. Read more …



Notable Analyst Upgrades and Downgrades for Week of July 29, 2019



Upgrades:


Anheuser Busch Inbev (NYSE:BUD) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports. The analysts noted that the move was a valuation call.

Other equities research analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Glu Mobile from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Barclays set a €16.80 ($19.53) price objective on shares of Deutsche Telekom and gave the stock a “neutral” rating in a report on Tuesday, April 2nd. ValuEngine lowered shares of Vereit from a “buy” rating to a “hold” rating in a report on Friday, July 19th. Finally, Argus lowered shares of Lions Gate Entertainment from a “buy” rating to a “hold” rating in a report on Thursday, May 30th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $83.77. Read more …

Gilead Sciences (NASDAQ:GILD) was upgraded by research analysts at Royal Bank of Canada from an “outperform” rating to a “top pick” rating in a report issued on Monday, The Fly reports.

A number of other equities analysts have also commented on GILD. Mizuho set a $88.00 price objective on Gilead Sciences and gave the stock a “buy” rating in a research note on Monday, July 15th. Cowen set a $150.00 price target on Tesla and gave the company a “sell” rating in a research note on Friday, May 3rd. BMO Capital Markets set a $76.00 price target on Gilead Sciences and gave the company a “buy” rating in a research note on Monday, July 15th. BidaskClub upgraded Zai Lab from a “sell” rating to a “hold” rating in a research note on Wednesday, June 5th. Finally, ValuEngine lowered Intersect ENT from a “buy” rating to a “hold” rating in a research note on Monday, July 8th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $81.09. Read more …

National-Oilwell Varco (NYSE:NOV) was upgraded by research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Wednesday, The Fly reports.

NOV has been the topic of a number of other reports. Johnson Rice lowered National-Oilwell Varco from a “buy” rating to a “hold” rating and set a $25.00 target price on the stock. in a report on Monday, July 15th. Bank of America reaffirmed an “underperform” rating and set a $1.25 target price (down from $4.50) on shares of Superior Energy Services in a report on Tuesday, June 25th. Susquehanna Bancshares set a $23.00 target price on National-Oilwell Varco and gave the stock a “hold” rating in a report on Friday, July 19th. Raymond James reaffirmed an “average” rating and set a $23.00 target price on shares of in a report on Monday, April 15th. Finally, TheStreet lowered Weibo from a “b-” rating to a “c+” rating in a report on Friday, May 31st. Six research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $35.36. Read more …



Bank of America upgraded shares of Dominion Energy (NYSE:D) from an underperform rating to a neutral rating in a research note issued to investors on Thursday, June 13th, 24/7 WallStreet reports. Bank of America currently has $80.00 price target on the utilities provider’s stock, up from their previous price target of $79.00. The analysts noted that the move was a valuation call.

Several other equities analysts also recently weighed in on D. TheStreet downgraded Dominion Energy from a b rating to a c+ rating in a research report on Friday, May 3rd. Macquarie downgraded Dominion Energy from an outperform rating to a neutral rating in a research report on Monday, March 18th. They noted that the move was a valuation call. Zacks Investment Research raised Dominion Energy from a hold rating to a buy rating and set a $87.00 target price on the stock in a report on Monday, April 8th. ValuEngine cut Dominion Energy from a buy rating to a hold rating in a report on Wednesday, June 12th. Finally, Credit Suisse Group initiated coverage on Dominion Energy in a report on Friday, April 12th. They issued a neutral rating and a $78.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $85.54. Read more …

Dover Corporation Increases Quarterly Dividend $DOV




  • Dover (NYSE:DOV) declares $0.49/share quarterly dividend, 2.1% increase from prior dividend of $0.48.
  • Forward yield 2.08%
  • Payable September 16; for shareholders of record August 30; ex-div August 29.


American States Water Company Increases Quarterly Dividend $AWR




  • American States Water (NYSE:AWR) declares $0.305/share quarterly dividend, 10.9% increase from prior dividend of $0.275.
  • Forward yield 1.57%
  • Payable September 3; for shareholders of record August 15; ex-div August 14.


Simon Property Group, Inc. Increases Quarterly Dividend $SPG




  • Simon Property Group, Inc. (NYSE:SPG) declares $2.10/share quarterly dividend, 2.4% increase from prior dividend of $2.05.
  • Forward yield 5.24%
  • Payable August 30; for shareholders of record August 16; ex-div August 15.


Mondelez International Inc. Increases Quarterly Dividend $MDLZ



  • Mondel─ôz (NASDAQ:MDLZ) declares $0.285/share quarterly dividend, 9.6% increase from prior dividend of $0.26.
  • Forward yield 2.08%
  • Payable Oct. 14; for shareholders of record Sept. 30; ex-div Sept. 27.


7 Great Dividend Growth Stocks For Higher Returns


Given the decline in yields and the prospect of lower interest rates, investors are in search of returns. This has raised the appeal for dividend investing. While there are several dividend stocks that could provide capital appreciation, honing in on stocks with a history of dividend growth leads to a healthy portfolio, with greater scope of capital appreciation as opposed to simple dividend-paying stocks or those with high yields.

Further, dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk.

Dividend Growth: A Winning Strategy


Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. At the same time, these offer downside protection with their consistent increase in payouts.

Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet, and some value characteristics. Further, a history of strong dividend growth indicates that dividend increase is likely in the future.



Although these 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 a result, picking dividend growth stocks appear as winning strategies when some other parameters are also included.



Week's Most Significant Insider Trades: Week of July 22, 2019



Acquisitions:


Bank of New York Mellon Corp (NYSE:BK) Vice Chairman William M. Daley bought 11,350 shares of the business’s stock in a transaction on Thursday, July 18th. The shares were bought at an average price of $44.93 per share, for a total transaction of $509,955.50. Following the completion of the acquisition, the insider now owns 5,700 shares of the company’s stock, valued at $256,101. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

BK stock traded up $0.55 during trading on Monday, hitting $45.82. The company had a trading volume of 4,900,280 shares, compared to its average volume of 5,011,035. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.68 and a current ratio of 0.71. The company has a 50-day simple moving average of $43.86. Bank of New York Mellon Corp has a 12 month low of $42.13 and a 12 month high of $54.47. The company has a market cap of $43.35 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.39 and a beta of 1.04. Read more …

CROWN CASTLE IN/SH SH (NYSE:CCI) Director J Landis Martin purchased 16,300 shares of the firm’s stock in a transaction on Tuesday, July 23rd. The stock was bought at an average price of $127.33 per share, with a total value of $2,075,479.00. Following the acquisition, the director now owns 130,617 shares in the company, valued at $16,631,462.61. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of CCI opened at $130.58 on Friday. The firm has a 50 day simple moving average of $132.66. CROWN CASTLE IN/SH SH has a 52-week low of $103.21 and a 52-week high of $137.85. The firm has a market cap of $53.83 billion, a price-to-earnings ratio of 23.83, a price-to-earnings-growth ratio of 1.48 and a beta of 0.33. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.76. Read more …






Air Products & Chemicals, Inc. (NYSE:APD) CEO Seifi Ghasemi acquired 20,000 shares of Air Products & Chemicals stock in a transaction dated Friday, July 26th. The shares were purchased at an average price of $227.16 per share, with a total value of $4,543,200.00. Following the acquisition, the chief executive officer now owns 453,783 shares of the company’s stock, valued at $103,081,346.28. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of APD stock opened at $230.55 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.16 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $50.11 billion, a PE ratio of 30.95, a P/E/G ratio of 2.26 and a beta of 0.83. The company has a 50 day moving average of $224.80. Air Products & Chemicals, Inc. has a 1 year low of $148.44 and a 1 year high of $231.45. Read more …


Notable Analyst Upgrades and Downgrades for Week of July 22, 2019




Upgrades:


Hershey (NYSE:HSY) was upgraded by UBS Group from a “sell” rating to a “neutral” rating in a report issued on Monday, The Fly reports.

HSY has been the topic of a number of other research reports. Evercore ISI initiated coverage on shares of Mondelez International in a report on Tuesday, June 11th. They issued an “outperform” rating and a $62.00 price target on the stock. Barclays set a $46.00 price target on shares of D. R. Horton and gave the stock a “buy” rating in a report on Friday, April 26th. Piper Jaffray Companies lowered shares of Hershey from a “neutral” rating to an “underweight” rating and increased their price target for the stock from $122.00 to $125.00 in a report on Wednesday, June 19th. Bank of America decreased their price target on shares of Canopy Growth from $80.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, June 19th. Finally, ValuEngine lowered shares of Ultrapar Participacoes from a “sell” rating to a “strong sell” rating in a report on Thursday, April 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $125.14. Read more …

Charles Schwab (NYSE:SCHW) was upgraded by research analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating in a research note issued on Monday, The Fly reports.

A number of other equities analysts also recently commented on the company. Keefe, Bruyette & Woods upgraded Focus Financial Partners from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $35.00 to $35.50 in a research note on Friday, July 12th. Deutsche Bank restated a “buy” rating and issued a GBX 4,000 ($52.27) target price on shares of in a research note on Tuesday, June 18th. Argus decreased their target price on Domino’s Pizza from $310.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, July 17th. ValuEngine downgraded Virtu Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, June 18th. Finally, Bank of America set a $80.00 price target on Colgate-Palmolive and gave the company a “buy” rating in a report on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. Charles Schwab has an average rating of “Hold” and an average target price of $47.60. Read more …

Chipotle Mexican Grill (NYSE:CMG) was upgraded by stock analysts at Mizuho to an “underperform” rating in a report issued on Wednesday, The Fly reports. The firm currently has a $500.00 price target on the restaurant operator’s stock, up from their previous price target of $420.00. Mizuho’s target price points to a potential downside of 32.40% from the stock’s previous close.


CMG has been the subject of several other reports. Jefferies Financial Group downgraded shares of from a “buy” rating to a “hold” rating in a research note on Thursday, April 11th. Wells Fargo & Co restated a “sell” rating on shares of Bausch Health Companies in a research note on Monday, July 15th. Credit Suisse Group initiated coverage on shares of Arco Platform in a research note on Tuesday, June 25th. They issued a “neutral” rating for the company. UBS Group set a $70.00 target price on shares of Lumentum and gave the company a “buy” rating in a research note on Wednesday, May 8th. Finally, Telsey Advisory Group upped their target price on shares of Chipotle Mexican Grill from $700.00 to $750.00 and gave the company a “market perform” rating in a research note on Wednesday. Seven research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Chipotle Mexican Grill has a consensus rating of “Hold” and a consensus target price of $667.03. Read more …




Kimberly Clark (NYSE:KMB) was upgraded by research analysts at Atlantic Securities from an “underweight” rating to a “neutral” rating in a research note issued on Wednesday, The Fly reports.


Several other equities analysts also recently issued reports on KMB. Zacks Investment Research raised shares of Green Brick Partners from a “sell” rating to a “hold” rating in a research note on Thursday, April 25th. Citigroup set a $40.00 price objective on shares of Steel Dynamics and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Wells Fargo & Co reissued a “hold” rating and set a $130.00 price objective on shares of Kimberly Clark in a research note on Tuesday. Argus raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Tuesday, April 23rd. Finally, Bank of America reduced their price objective on shares of Canopy Growth from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Wednesday, June 19th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. Kimberly Clark has a consensus rating of “Hold” and an average price target of $127.25. Read more …

Why 3M Stock Is Untouchable


The conglomerate may have too much on its plate, and its marketing edge may be gone, making MMM stock a risky bet



There’s no denying 3M (NYSE:MMM) stock is, despite all of its woes, still a dividend champ. With February’s increased payout now on the books, the annual payout of 3M stock has climbed for 61 consecutive years. And, with a dividend of $5.76 per share of 3M stock scheduled for 2019, there’s tons of wiggle room for 3M, since analysts, on average, are calling for full-year earnings of $9.40 per share.

But even with 3M stock price beaten down to near $173 and MMM stock yielding 3.26%, the shares aren’t appealing. This company’s got problems, and its China headwind may be the least of them.





The foremost challenge facing 3M stock may be its ultra-diversified business model itself, followed closely by waning loyalty towards its brand.


This Stock Should Continue Rewarding Shareholders With Predictable Dividend Growth For Years To Come


In business since 1905, C.H. Robinson (CHRW) is one of the largest third-party logistics companies in the world. The firm acts as a middleman in the transportation industry, helping connect companies that need to ship goods with cost-effective transportation providers that have capacity available via trucks, railroads, airlines, and ships.

C.H. Robinson doesn’t own hard transportation assets such as trucks and is instead a service company that utilizes people and technology to create transportation and supply chain advantages for its customers.
The company has more than 124,000 customers and maintains relationships with over 76,000 carriers and suppliers, who it purchases shipping capacity from on behalf of its customers. C.H. Robinson takes of cut of each transaction and in return helps clients lower their costs, improve efficiency, and reduce risk.

About 84% of company-wide profits are from C.H. Robinson’s North American Surface Transportation segment, which consists of truckload and less-than-truckload services.

Global Forwarding (ocean, air, and customs services) accounts for another 10% of profits, and C.H. Robinson also has a small sourcing business (6% of profits) that sources fruits and vegetables for grocers and restaurants.





C.H. Robinson’s customer base is diversified, with 20% of revenue generated from the food & beverage industry, 17% manufacturing, 14% auto/industrial, 13% chemicals, 12% retail, and 24% other.

The company’s top 100 customers account for only 33% of total sales, further underscoring its diversification. Around 16% of C.H. Robinson’s net income is generated from operations outside of the U.S., and the business is investing to become more global.



2019 Blue Chip Stocks List: 271 Best Safe Dividend Stocks Now


In poker, the blue chips have the highest value. We don’t like the idea of using poker analogies for investing. Investing should be far removed from gambling.

With that said, the term “blue chip” has stuck for a select group of stocks….
So what are blue chip stocks?

Blue chip stocks are established, safe, dividend payers. They are often market leaders and tend to have a long history of paying rising dividends. Blue chip stocks tend to remain profitable even during recessions.

At Sure Dividend, we define Blue Chip stocks as companies that are members of 1 or more of the following 3 lists:

Dividend Achievers (10+ years of rising dividends)
Dividend Aristocrats (25+ years of rising dividends)
Dividend Kings (50+ years of rising dividends)





We also cover the 10 highest yielding blue chip stocks in this article, and provide a sortable table of all blue chip stocks for quick reference.

The table of contents below allows for easy navigation.



Most Significant Insider Trades: Week of July 15, 2019





Disposals:


Ross Stores, Inc. (NASDAQ:ROST) Director George Orban sold 29,000 shares of the stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $105.89, for a total value of $3,070,810.00. Following the transaction, the director now directly owns 542,939 shares in the company, valued at approximately $57,491,810.71. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Read more …

Ross Stores, Inc. (NASDAQ:ROST) insider James S. Fassio sold 85,238 shares of the company’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of $104.85, for a total value of $8,937,204.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

James S. Fassio also recently made the following trade(s):

On Wednesday, June 19th, James S. Fassio sold 60,000 shares of Ross Stores stock. The shares were sold at an average price of $103.38, for a total value of $6,202,800.00.

Shares of NASDAQ ROST opened at $106.35 on Tuesday. Ross Stores, Inc. has a 12 month low of $75.91 and a 12 month high of $107.24. The stock has a market capitalization of $38.67 billion, a P/E ratio of 24.96, a price-to-earnings-growth ratio of 2.26 and a beta of 0.90. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.64 and a current ratio of 1.34. The company’s fifty day moving average is $99.72. Read more …

Nike Inc (NYSE:NKE) CAO Hilary K. Krane sold 17,903 shares of the stock in a transaction on Friday, July 12th. The shares were sold at an average price of $88.70, for a total transaction of $1,587,996.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Nike stock opened at $87.50 on Thursday. Nike Inc has a 12-month low of $66.53 and a 12-month high of $90.00. The firm has a market capitalization of $140.64 billion, a PE ratio of 35.14, a P/E/G ratio of 2.37 and a beta of 0.78. The stock’s 50-day moving average price is $84.27. The company has a current ratio of 2.10, a quick ratio of 1.39 and a debt-to-equity ratio of 0.38. Read more …

Colgate-Palmolive (NYSE:CL) insider Ian M. Cook sold 19,500 shares of the business’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $74.19, for a total value of $1,446,705.00. Following the sale, the insider now owns 1,127,542 shares in the company, valued at $83,652,340.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Ian M. Cook also recently made the following trade(s):

On Wednesday, May 15th, Ian M. Cook sold 19,500 shares of Colgate-Palmolive stock. The stock was sold at an average price of $71.20, for a total value of $1,388,400.00.

Colgate-Palmolive stock opened at $73.75 on Thursday. The firm has a market capitalization of $63.96 billion, a price-to-earnings ratio of 25.69, a P/E/G ratio of 4.87 and a beta of 0.78. The firm has a fifty day simple moving average of $72.80. Colgate-Palmolive has a 52 week low of $57.41 and a 52 week high of $74.67. The company has a debt-to-equity ratio of 32.25, a current ratio of 1.07 and a quick ratio of 0.74. Read more …  


Delta Air Lines, Inc. (NYSE:DAL) President Glen W. Hauenstein sold 50,000 shares of the company’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $63.03, for a total value of $3,151,500.00. Following the completion of the sale, the president now owns 267,526 shares in the company, valued at $16,862,163.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of DAL stock opened at $62.25 on Thursday. The business’s fifty day simple moving average is $56.83. The company has a quick ratio of 0.29, a current ratio of 0.34 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $41.07 billion, a PE ratio of 11.02, a PEG ratio of 0.49 and a beta of 1.18. Delta Air Lines, Inc. has a 52 week low of $45.08 and a 52 week high of $63.27. Read more …

Best Buy Co Inc (NYSE:BBY) major shareholder Richard M. Schulze sold 69,400 shares of Best Buy stock in a transaction on Wednesday, July 17th. The shares were sold at an average price of $75.12, for a total transaction of $5,213,328.00. Following the completion of the sale, the insider now owns 1,732,500 shares of the company’s stock, valued at approximately $130,145,400. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of BBY opened at $73.84 on Friday. The stock has a market capitalization of $19.82 billion, a price-to-earnings ratio of 13.88, a P/E/G ratio of 1.47 and a beta of 1.07. The stock has a 50 day moving average price of $68.50. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.39 and a current ratio of 1.12. Best Buy Co Inc has a 1 year low of $47.72 and a 1 year high of $84.37. Read more …


JPMorgan Chase & Co. (NYSE:JPM) insider Lori A. Beer sold 13,341 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $114.28, for a total transaction of $1,524,609.48. Following the sale, the insider now owns 10,130 shares of the company’s stock, valued at $1,157,656.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this linkRead more …


JPMorgan Chase & Co. (NYSE:JPM) EVP Peter Scher sold 10,816 shares of the company’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $115.00, for a total value of $1,243,840.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

JPMorgan Chase & Co. stock traded down $1.13 during mid-day trading on Friday, reaching $113.54. 9,637,289 shares of the stock traded hands, compared to its average volume of 12,577,034. The firm has a market capitalization of $371.99 billion, a PE ratio of 12.62, a PEG ratio of 1.64 and a beta of 1.15. The company has a quick ratio of 1.00, a current ratio of 0.97 and a debt-to-equity ratio of 1.22. JPMorgan Chase & Co. has a 12-month low of $91.11 and a 12-month high of $119.24. The firm’s 50-day simple moving average is $111.00. Read more …


Notable Analyst Upgrades and Downgrades for Week of July 15, 2019




Upgrades:


Bank of America upgraded shares of Deere & Company (NYSE:DE) from a neutral rating to a buy rating in a report published on Monday morning, 24/7 WallStreet reports.

Several other analysts have also issued reports on DE. Macquarie set a $132.00 price target on shares of Deere & Company and gave the stock a hold rating in a research report on Monday, May 20th. Robert W. Baird raised shares of Deere & Company from a neutral rating to an outperform rating and upped their price target for the stock from $129.00 to $175.00 in a research report on Sunday, June 16th. Jefferies Financial Group raised shares of AGCO from a hold rating to a buy rating and upped their price target for the stock from $70.00 to $90.00 in a research report on Monday, June 24th. Wells Fargo & Co reissued a buy rating and issued a $85.00 price objective on shares of Carvana in a research report on Monday, July 1st. Finally, Morgan Stanley reissued a hold rating on shares of PG&E in a research report on Friday, June 21st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $167.78. Read more …

Gilead Sciences (NASDAQ:GILD) was upgraded by equities research analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage presently has a $88.00 target price on the biopharmaceutical company’s stock, up from their previous target price of $68.00. Wells Fargo & Co‘s price objective suggests a potential upside of 31.46% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Oppenheimer set a $85.00 target price on shares of Gilead Sciences and gave the company a “buy” rating in a research note on Friday, July 12th. Evercore ISI reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Friday, May 17th. Raymond James set a $60.00 target price on shares of Banner and gave the company a “buy” rating in a research note on Friday, May 3rd. Needham & Company LLC cut shares of Acquity Group from a “buy” rating to a “hold” rating in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $80.54. Read more …

Edward Jones upgraded shares of General Mills (NYSE:GIS) from a hold rating to a buy rating in a research note published on Monday morning, The Fly reports.

A number of other brokerages also recently commented on GIS. Bank of America set a $120.00 price objective on Walmart and gave the company a buy rating in a research report on Friday, May 17th. JPMorgan Chase & Co. lowered VESTAS WIND SYS/ADR from a neutral rating to an underweight rating in a report on Thursday, March 21st. Wells Fargo & Co restated a hold rating and issued a $160.00 target price on shares of Willis Towers Watson in a report on Friday, March 22nd. Guggenheim increased their target price on General Mills from $58.00 to $65.00 and gave the company a buy rating in a report on Wednesday, July 10th. Finally, Piper Jaffray Companies increased their target price on General Mills from $50.00 to $56.00 and gave the company a neutral rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. General Mills has a consensus rating of Hold and an average price target of $52.66. Read more …


ConocoPhillips (NYSE:COP) was upgraded by stock analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, The Fly reports.

A number of other equities analysts have also recently issued reports on the stock. Morgan Stanley set a $207.00 price target on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Friday, July 12th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 2,012 ($26.29) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Mizuho began coverage on shares of Avrobio in a research note on Wednesday, June 26th. They issued a “buy” rating and a $28.00 price target on the stock. Finally, ValuEngine upgraded shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $77.07. Read more …