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Showing posts from December, 2020

Is Archer-Daniels Midland Stock A Buy?

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  Archer-Daniels Midland Co (NYSE:ADM) is a global agricultural logistics and raw materials processor. It also has a solid dividend payment history going back almost 90 years. The company braced for the coronavirus well in advance, although CEO Juan Luciano pointed out that trading grain on a global scale won’t be affected.   Food is a staple in everyone’s life, but is Archer-Daniels Midland stock a Buy?   The food industry certainly was impacted by COVID-19. It caused dairy farmers to dump milk, produce to go bad, and major problems in the global supply chain.   Restaurants and major events closing created complete chaos for a time. But Archer-Daniels Midland quickly rebounded because it’s so high up the literal food chain.   The company processes bulk oilseed, corn, and other food ingredients for humans, animals, and even biofuels. It also provides financial services for food industry and agricultural partners. These extensive revenue streams give it exposure to not o

4 Dividend Stocks to Help You Prepare for Retirement

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  Stocks with dividends can play a significant long-term role in the impact of a diversified portfolio   Seasoned investors concur equities are an important asset class in retirement portfolios. Therefore today’s article introduces four stocks with dividends that could help long-term investors prepare for retirement.   Michael Kitces of Buckingham Wealth Partners points out, “For prospective retirees … determining how best to invest a retirement portfolio to generate income is a substantial challenge.”   Academic studies and anecdotal evidence suggest that a large number of individuals are afraid of eroding their capital and outliving their assets in retirement. However, with a long-term approach to investing, most market participants should be able to save a significant amount of money for their golden years. And stocks with dividends could help in this process.   Research by Michael Clemens of BankInvest Group highlights, “Dividend investing has historically outperfor

Paychex, Inc. Set to Soar as Economy Reopens

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  COVID-19 Vaccine Could Be a Big Catalyst for Paychex, Inc.   One year into the COVID-19 pandemic and the end finally appears to be in sight.   In November, several biotech companies announced that they had produced effective vaccines. Yes, it will take months to ramp up production and immunize the general population. But the positive trial results put a definite timeline on the end of the economic lockdowns.   COVID-19 vaccines will provide a definite boost to the U.S. economy. Almost 15.0 million Americans lost their jobs as a result of the pandemic. But as governments loosen lockdown restrictions, many of those people will get back to work. (Source: “Unemployment Rose Higher in Three Months of COVID-19 Than It Did in Two Years of the Great Recession,” Pew Research Center, June 11, 2020.)   All of which means good news for Paychex, Inc. (NASDAQ:PAYX).   The company provides human resources, payroll, and benefits services to small and medium-sized businesses. In o

5 Dividend Stocks Likely to Up Their Yield Soon

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  These dividend stocks to buy are expected to raise their dividend in 2021, offering income and diversity     Dividend stocks are a special category of financial assets, providing a lot of benefits for investing that make them attractive for the majority of investors. Searching for dividend stocks to buy, investors will see they offer income and can provide stock price appreciation.   In general, dividend stocks are safer and less volatile compared to tech stocks or growth stocks.   The following five dividend stocks to buy are dividend aristocrats, have good fundamentals and are considered to be undervalued.   In addition, these dividend stocks offer sustainable income, diversification and are defensive stocks for a turbulent stock market in the future, which is a realistic scenario.   The dividend aristocrats definition makes these stocks interesting as a dividend aristocrat is a stock with a long history of raising its dividend, more than 10 years. The best part

Royal Bank of Canada: Earn a Solid 4% Yield from a Foreign Bank?

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  Here’s a High-Yield Stock to Think About     One sector that suddenly received a lot more attention recently is banking. To give you an idea, the Dow Jones U.S. Bank Index has surged 22.8% since the beginning of November, substantially outperforming the already impressive performance of the broad market indices during this period.   Obviously, because banks have been a staple for many income investors, the recent rise in these companies’ share prices should be considered good news.   Looking a bit further back, though, things appeared less rosy. That’s because most U.S. bank stocks had a huge tumble during the pandemic-induced sell-off earlier this year. And even though the recent climb has been strong, many bank stocks are yet to make a full recovery. In fact, the Dow Jones U.S. Bank Index is still down by more than 20% year to date.   And that’s why Royal Bank of Canada (NYSE:RY) stands out.     I told readers of Income Investors to check out RY stock back

25 Dividend Stocks the Analysts Love Most for 2021

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  Income investors looking for more than just a little yield: These are the top dividend stocks for 2021, according to the pros.   One thing is clear when looking at the analysts' best dividend stocks right now: Wall Street expects big things from the beaten-down energy sector in 2021.   The pros are betting that the post-pandemic landscape will feature an increase in energy needs and perhaps a recovery in commodity prices, among other factors. And with the oil and gas industry expected to bounce back in the year ahead, the Street's most highly rated dividend stocks for 2021 include energy stocks of all stripes: oil and gas drillers, pipeline companies, oilfield services, and other sector names.   Although energy-sector names are over-represented on our list of analysts' favorite dividend payers, banks, pharmaceuticals and consumer staples also make appearances.   To find analysts' most beloved dividend stocks, we scoured the S&P 500 for dividend sto

8 Retirement Stocks You Can Rely On

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  These blue-chip retirement investments will keep your portfolio steady   It’s hard to imagine that we’ll have another year like 2020 in our lifetimes and for the most part, that would be a positive outcome. However, the impact of the novel coronavirus over the past several months has created viable market opportunities. With so many stocks moving to the upside, many have chased hot sectors like technology. However, this is also an ideal time to consider retirement investments.   Yes, I realize that the topic isn’t exactly the sexiest that I can discuss. However, retirement investments are a concept that we must all think about – and the earlier the better. For one thing, this market segment focuses on reliable, blue-chip giants that have a long, proven track record. While it’s tempting to go for the get-rich-quick stocks, some of these hot names aren’t going to last.   How can I be so sure? Historically, a new industry or innovation immediately attracts a wide base of com

Notable Analyst Upgrades and Downgrades for Week of December 14, 2020

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  Upgrades:   U.S. Bancorp (NYSE:USB) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating in a research report issued to clients and investors on Monday, Briefing.com reports. The brokerage currently has a $51.50 price objective on the financial services provider's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 12.35% from the company's previous close. Several other analysts have also issued reports on the company. TheStreet raised U.S. Bancorp from a "c" rating to a "b-" rating in a research note on Thursday, October 15th. BidaskClub raised U.S. Bancorp from a "hold" rating to a "buy" rating in a research note on Saturday. Morgan Stanley upgraded U.S. Bancorp from an "underweight" rating to an "equal weight" rating and set a $57.00 price objective for the company in a research report on Monday, Nove

Is Canadian National Railway a High-Quality Dividend Investment?

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  Investors often focus on businesses that are domiciled within the U.S. when selecting stocks for investment.   While this does make sense given that these companies are located in the same country that they live, it does preclude investors from taking advantage of attractive investment opportunities in other countries.   One such example could be Canadian National Railway (CNI), which is one of the largest equity positions in the Gates Foundation’s portfolio. Canadian National Railway is a highly profitable company with a long history of growing its dividend, meaning it appears to be a worthwhile consideration for income investors. This article will examine Canadian National Railway’s prospects as a dividend investment.   Background & Potential as a Dividend Investment   With a network of approximately 20,000 route miles, Canadian National Railway is the largest railway operator in Canada. The company handles more than 300 million tons of cargo each year that are

European Dividend Aristocrats: 41 Top-Flight International Dividend Stocks

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  The European Dividend Aristocrats don't have quite the payout-growth longevity of their American counterparts, but they still offer dividend hikes and blue-chip stability.     America’s stock market ran wild in 2019, putting up a far-above-average year despite trade skirmishes, global economic sluggishness and political tumult. That’s great for those already invested in stocks, but anyone with new money to spend is left looking at a lot of overvalued equities with severely depressed yields.   One solution? Peer over the Atlantic and seek out European Dividend Aristocrats.   You’re certainly familiar with the S&P Dividend Aristocrats – 57 dividend stocks that have raised their payouts for 25 or more years. Well, the European Dividend Aristocrats are of a similar vein. To qualify as European payout royalty, a company needs to show only 10 or more years of stable or increasing dividends. But these companies also provide investors with diversification and much more re

11 Best Monthly Dividend Stocks and Funds for 2021

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  Your bills come monthly. Why not your dividend checks? These are some of 2021's best monthly dividend stocks and funds for easier income planning.   We're now in the final weeks of what has been the strangest year in living memory. But while so much has changed in 2020, one thing remains unquestionably the same: We still have bills to pay, and the vast majority of those bills come on a monthly schedule.   This is where monthly dividend stocks come into play.   Most dividend stocks pay quarterly, and most bonds pay semiannually. But monthly dividend stocks and funds have a payment schedule that actually aligns with your mortgage payment, utility bills and other monthly charges.   "We'd never recommend buying a stock purely because it has a monthly dividend," says Rachel Klinger, president of McCann Wealth Strategies, an investment adviser based in State College, Pennsylvania. "But monthly dividend stocks can be a nice addition to a portfolio

Week's Most Significant Insider Trades: Week of December 7, 2020

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  Disposals:   The Western Union Company (NYSE:WU) insider Richard L. Williams sold 15,000 shares of the business’s stock in a transaction on Friday, December 4th. The stock was sold at an average price of $21.92, for a total value of $328,800.00. Following the sale, the insider now owns 129,947 shares of the company’s stock, valued at approximately $2,848,438.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Shares of WU stock traded up $0.07 on Tuesday, hitting $21.80. 3,928,124 shares of the stock were exchanged, compared to its average volume of 6,116,995. The firm has a market capitalization of $8.96 billion, a P/E ratio of 14.94, a price-to-earnings-growth ratio of 0.47 and a beta of 0.88. The business has a 50-day moving average of $21.40 and a 200 day moving average of $22.06. The Western Union Company has a fifty-two week low of $17.39 and a fifty-two week high of $28.44. Read

Notable Analyst Upgrades and Downgrades for Week of December 7, 2020

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  Upgrades:   AstraZeneca (NYSE:AZN) was upgraded by research analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating in a research note issued on Monday, Briefing.com reports. Several other brokerages also recently commented on AZN. HSBC upgraded shares of AstraZeneca from a "reduce" rating to a "hold" rating in a report on Wednesday, November 11th. Oddo Bhf upgraded AstraZeneca from a "reduce" rating to a "buy" rating in a research note on Wednesday, September 23rd. Berenberg Bank initiated coverage on AstraZeneca in a report on Tuesday, September 29th. They issued a "buy" rating on the stock. Finally, UBS Group upgraded AstraZeneca from a "sell" rating to a "neutral" rating in a report on Monday, November 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. T

Main Street Capital Corporation: Monthly Dividend Stock Yields 7.7%

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  A High-Yield Stock to Think About   Main Street Capital Corporation (NYSE:MAIN) may not sound like a familiar name to most people, but there are two obvious reasons why it stands out compared to other stocks in today’s market.   The first reason is its yield.   Interest rates and market dividend yields are currently near the low end of their historical averages. The 10-year U.S. Treasury note yields just 0.95% at the time of this writing. Meanwhile, the average dividend yield of companies in the S&P 500 is a measly 1.6%. (Source: “S&P 500 Dividend Yield,” multipl.com, last accessed December 8, 2020.)   Main Street Capital Corporation, on the other hand, currently offers an annual dividend yield of 7.7%.   The second reason is the company’s payout frequency.   You see, among the stocks that have a regular dividend policy (plenty of companies don’t pay any dividend at all), the vast majority of them have a quarterly distribution schedule, meaning shareho

These Are the Highest-Yielding Consumer Staples Stocks

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  These Consumer Staples Stocks Pay Up to 7%   If you’re like me, you’ve probably noticed today’s rock-bottom yields.   In a bid to prop up the economy, the Federal Reserve has slashed interest rates to record lows. That has meant plunging payouts from corporate bonds, Treasury notes, and other fixed-income investments.   All of which is bad news for savers. Today, even a six-figure nest egg will only generate a meager amount of interest income. And thanks to the COVID-19 pandemic, analysts don’t expect yields to rise anytime soon.   One possible solution: consumer staples stocks.   Investors have long prized these stocks for their reliable, recession-proof cash flows. Even in an economic downturn, people still need to buy food, brush their teeth, and clean their homes.   But the best part? Consumer staples stocks are often the highest-yield investments around.   Most of the companies in this sector operate in mature industries with limited growth prospects.

Kroger: Double-Digit Returns Ahead

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  The company continues to see a tailwind from the ongoing Covid-19 pandemic   Results for the Kroger Co. (NYSE:KR) have been excellent year to date. The catalyst for this growth has been the ongoing Covid-19 pandemic, which has forced consumers to eat more meals at home. The pandemic doesn't appear to be lightening up as the number of cases continues to grow nationwide. More states have been imposing restrictions on indoor dining, if they even allow for people to eat inside of restaurants.   That said, shares of Kroger have lost more than 15% over the last three months while the S&P 500 is 6% higher.   On the heels of first and second-quarter results where earnings per share grew a combined 68% and revenue improved 10%, Kroger's third-quarter was also quite strong. Is this, plus the decline in share price, enough to buy shares of the company?   Quarterly highlights and valuation analysis   Kroger reported third-quarter earnings results on Dec. 3. The gr

Week's Most Significant Insider Trades: Week of November 30, 2020

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  Disposals:   Rockwell Automation, Inc. (NYSE:ROK) SVP Thomas Donato sold 1,500 shares of the company's stock in a transaction dated Wednesday, November 25th. The stock was sold at an average price of $255.00, for a total transaction of $382,500.00. Following the completion of the transaction, the senior vice president now owns 969 shares of the company's stock, valued at approximately $247,095. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . Shares of NYSE ROK traded down $3.20 during trading on Monday, hitting $252.73. The company had a trading volume of 15,762 shares, compared to its average volume of 885,681. Rockwell Automation, Inc. has a 52 week low of $115.38 and a 52 week high of $267.48. The business's 50-day moving average is $244.58 and its 200 day moving average is $224.86. The company has a market cap of $29.73 billion, a P/E ratio of 38.84, a PEG ratio of 4.78 and a beta of 1.47. The company has a debt-to-

Notable Analyst Upgrades and Downgrades for Week of November 30, 2020 (Part 2)

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  Upgrades:     The Charles Schwab (NYSE:SCHW) was upgraded by investment analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a note issued to investors on Tuesday, The Fly reports. The firm currently has a $58.00 price objective on the financial services provider's stock, up from their prior price objective of $44.00. Wells Fargo & Company's price objective suggests a potential upside of 18.90% from the stock's current price. A number of other analysts have also recently commented on SCHW. Bank of America boosted their price objective on The Charles Schwab from $40.00 to $42.00 and gave the company a "neutral" rating in a research report on Friday, October 16th. TheStreet raised shares of The Charles Schwab from a "c" rating to a "b-" rating in a research note on Thursday, October 8th. Raymond James reissued a "hold" rating on shares of The Charles Schwab in a

Notable Analyst Upgrades and Downgrades for Week of November 30, 2020 (Part 1)

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  Upgrades:   Wells Fargo & Company (NYSE:WFC) was upgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, The Fly reports. A number of other research analysts have also recently issued reports on the company. BMO Capital Markets reduced their price objective on Wells Fargo & Company from $35.00 to $31.00 and set a “market perform” rating on the stock in a research note on Friday, October 16th. DA Davidson raised Wells Fargo & Company from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $27.00 to $31.00 in a research note on Thursday, November 19th. ValuEngine raised Wells Fargo & Company from a “hold” rating to a “buy” rating in a research note on Wednesday, November 25th. Odeon Capital Group upgraded shares of Wells Fargo & Company from a “hold” rating to a “buy” rating in a report on Wednesday, September 2nd. Finally, UBS Group upgra