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Showing posts from September, 2021

5 Top Dividend Aristocrats to Beef Up Your Portfolio

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  The 65-member Dividend Aristocrats are among the market's best sources of reliable, predictable income. But these five stand out as truly elite.   The past year-plus has been easy going for investors looking to generate profits from equity returns, with the S&P 500 up by almost double from the March 2020 lows. Income, however, is another story altogether. Already-low interest rates started retreating this spring; the yield on the 10-year Treasury note is back down to a paltry 1.3%.   Fortunately, investors have a better way to collect reliable, predictable income.   Dividend Aristocrats – companies with a track record of increasing shareholder payouts for at least 25 consecutive years – offer the best of many worlds. Most Aristocrats are large-cap blue chips with typically stable earnings, healthy balance sheets and long histories of profitability and growth. That allows them to:   Pay secure, typically well-covered dividends. Raise their payouts regularly wit

7 High-Yield Dividend Stocks That Will Please Any Income Lover

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  These 7 dividend stocks offer payouts of 5% or higher in a diverse set of industries     As the U.S. Federal Reserve remains careful to not rock the boat with regards to reversing its aggressive monetary policy, it remains a low-interest rate environment. In turn, dividend stocks in general continue to remain at high prices, after being bid up by investors on the hunt for yield.   For instance, the ProShares S&P 500 Dividend Aristocrats ETF (BATS:NOBL), which holds a basket of high-quality dividend plays, sports a forward yield of 1.94%. Hardly much to get excited about. When it comes to individual names in the aristocrats category, like Johnson & Johnson (NYSE:JNJ) and Procter & Gamble (NYSE:PG), their yields (2.59% and 2.43%, respectively) aren’t that much higher.   Yes, a possible stock market correction could change this. After trading for historically high valuations, blue chip and speculative stocks alike could tumble down to more reasonable prices. Bu

Most Significant Insider Trades: Week of September 20, 2021

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  Disposals:   Halliburton (NYSE:HAL) Director Murry Gerber sold 44,590 shares of the stock in a transaction on Monday, September 20th. The shares were sold at an average price of $19.33, for a total value of $861,924.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . Shares of NYSE HAL traded down $0.12 during midday trading on Tuesday, reaching $19.48. 6,125,435 shares of the company’s stock traded hands, compared to its average volume of 9,502,723. The company has a market cap of $17.35 billion, a price-to-earnings ratio of 121.76 and a beta of 2.84. The stock’s 50 day simple moving average is $20.08 and its 200-day simple moving average is $21.54. The company has a quick ratio of 1.75, a current ratio of 2.29 and a debt-to-equity ratio of 1.68. Halliburton has a one year low of $10.60 and a one year high of $25.00. Read more …   UnitedHealth Group Incorporated (NYSE:UNH) Director Richard T. Burke sold 2,500 sha

Notable Analyst Upgrades and Downgrades for Week of September 20, 2021

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  Upgrades:   Colgate-Palmolive (NYSE:CL) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report issued on Monday, The Fly reports. Other research analysts also recently issued reports about the stock. Credit Suisse Group raised shares of Colgate-Palmolive from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $80.00 to $95.00 in a research report on Wednesday, June 9th. Evercore ISI reissued a "buy" rating and set a $95.00 price objective on shares of Colgate-Palmolive in a research report on Sunday, June 20th. Finally, UBS Group assumed coverage on shares of Colgate-Palmolive in a research report on Wednesday, June 23rd. They set a "buy" rating and a $95.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy

3M: Buy on the Dip for Over 10% Returns

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  The stock is down since the end of June, but trades below its long-term average valuation     3M's stock has suffered a 9% decline since my last look at the company. Following the decline in share price, the valuation is below its long-term average and the yield is higher than it normally is. Investors buying today could see total returns of more than 10%.   The last time I discussed 3M Co. (MMM, Financial), I felt the stock was a solid buying option as the fundamentals were improving. Following several years of declining organic growth combined with the pandemic, 3M appeared to be emerging from the wilderness as a stronger company.   The stock was also trading at a higher-than-usual dividend yield.   That business momentum continued into the most recent quarter, but the stock is down almost 11% from the time of my last look at the compay. The yield is even juicer today than it was then, and the valuation is even more appealing.   For investors looking f

Target (TGT) Is Still Undervalued

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  Target (TGT) is Still Undervalued. For the last five years or so, the demise of retail brick-and-mortar establishments has been predicted. Every year, it appears that a large number of brick-and-mortar stores have shuttered their doors. Thirty store chains have filed for bankruptcy in 2020, according to retail diving. Guitar Center, GNC, J.C. Penney, and Neiman Marcus are the ones you may have heard of. Retail customer experience is developing, according to retailcustomerexperience.com, and companies focused on authentic in-store experiences will succeed. Target (TGT) is one of them as you will see the company has developed key online value adds to their stores. Target is growing by driving traffic and volumes during the pandemic. The stock price is up ~65% in the past 1-year but Target is still undervalued.   Target’s Move Online   Most people think of Target as just a physical shop, but the retailer now has an online presence that is rapidly growing. When it comes to online

Most Significant Insider Trades: Week of September 13, 2021

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  Disposals:   L3Harris Technologies, Inc. (NYSE:LHX) SVP Scott T. Mikuen sold 10,753 shares of the company’s stock in a transaction dated Thursday, September 9th. The shares were sold at an average price of $230.77, for a total transaction of $2,481,469.81. The sale was disclosed in a document filed with the SEC, which can be accessed through this link . Shares of NYSE LHX traded down $3.11 during mid-day trading on Monday, hitting $228.52. 1,102,007 shares of the stock were exchanged, compared to its average volume of 1,110,280. The company has a market cap of $45.92 billion, a P/E ratio of 32.40, a PEG ratio of 2.06 and a beta of 0.89. The stock’s fifty day simple moving average is $228.82 and its two-hundred day simple moving average is $215.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.50 and a current ratio of 1.70. L3Harris Technologies, Inc. has a twelve month low of $158.09 and a twelve month high of $235.10. Read more …   Microsoft Co. (NASD

Notable Analyst Upgrades and Downgrades for Week of September 13, 2021

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  Upgrades:   Bank of America (NYSE:BAC) was upgraded by stock analysts at Odeon Capital Group from a "hold" rating to a "buy" rating in a research report issued on Monday, The Fly reports. The brokerage presently has a $46.50 price target on the financial services provider's stock. Odeon Capital Group's price target indicates a potential upside of 15.47% from the stock's previous close. Several other equities research analysts have also commented on the company. Evercore ISI restated a "buy" rating and issued a $43.00 price objective on shares of Bank of America in a research note on Friday, July 2nd. Truist Securities started coverage on Bank of America in a research note on Wednesday, June 2nd. They issued a "buy" rating for the company. Royal Bank of Canada set a $37.69 price objective on Bank of America and gave the stock a "buy" rating in a research note on Wednesday, July 21st. Credit Suisse Group upped their pr

7 Great Dividend Stocks To Buy In September For Insulation from Volatility

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  These dividend stocks could appeal to risk-averse investors in September   Equities have surged to lofty valuations in the past year and a half. The S&P 500 index jumped from a low of around 2,200 in March 2020 to more than 4,400 in about 350 trading days, the quickest doubling of the index in stock market history.   However, the big rally is likely to come to an end. As investors become increasingly concerned about an inevitable correction around the corner, September looks to be the right time to reallocate towards reliable dividend stocks.   Dividend shares add stability to long-term portfolios and allow income seekers to collect regular cash payments regardless of market volatility. In fact, metrics highlight that dividend stocks have vastly outpaced their non-dividend-paying peers over the long run.   Recent research suggests that, “From 1930–2020, dividend income’s contribution to the total return of the S&P 500 Index averaged 41%… Today, investors conti

Home Depot Inc: Delivering Both Income & Growth to Investors

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  Why Home Depot Stock Could Be Special   In an era when e-commerce stocks are all the rage, who would have thought that a company known for its big box stores would see its share price shoot through the roof?   But it is happening: shares of Home Depot Inc (NYSE:HD) have surged by 138% over the past five years. And that figure doesn’t include the additional returns that shareholders have collected through the company’s rising dividend payments.   Home Depot is the largest home improvement retailer in the world. The company was founded in 1978 and opened its first two stores in June 1979. Today, it operates approximately 2,300 stores in all 50 U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, all 10 Canadian provinces, and Mexico.   In its current configuration, a typical Home Depot store averages at about 105,000 square feet of indoor retail space, which dwarfs most of its competitors. But we know that brick-and-mortar retailers have su

Most Significant Insider Trades: Week of September 6, 2021

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  Disposals:   CVS Health Co. (NYSE:CVS) EVP Troyen A. Brennan sold 2,625 shares of the firm’s stock in a transaction dated Thursday, September 2nd. The shares were sold at an average price of $87.00, for a total value of $228,375.00. Following the transaction, the executive vice president now owns 140,201 shares of the company’s stock, valued at $12,197,487. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . CVS Health stock traded down $0.89 during midday trading on Tuesday, reaching $86.58. The stock had a trading volume of 4,617,848 shares, compared to its average volume of 6,502,718. CVS Health Co. has a twelve month low of $55.36 and a twelve month high of $90.61. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.95 and a quick ratio of 0.67. The firm has a market cap of $114.25 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 1.75 and a beta of 0.83. The firm’s fifty day simple moving average

Notable Analyst Upgrades and Downgrades for Week of September 6, 2021

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  Upgrades:   Bank of Montreal (NYSE:BMO) (TSE:BMO) was upgraded by analysts at Barclays from an "underweight" rating to an "equal weight" rating in a research note issued to investors on Tuesday, Briefing.com reports. Other analysts have also issued research reports about the stock. Credit Suisse Group raised their price objective on shares of Bank of Montreal from $138.00 to $144.00 and gave the stock an "outperform" rating in a report on Wednesday, August 25th. CIBC raised their price objective on shares of Bank of Montreal from $139.00 to $148.00 and gave the stock an "outperformer" rating in a report on Wednesday, August 25th. Canaccord Genuity raised their price objective on shares of Bank of Montreal from C$143.00 to C$149.00 and gave the stock a "buy" rating in a report on Wednesday, August 25th. BMO Capital Markets raised their price objective on shares of Bank of Montreal from C$150.00 to C$152.00 and gave the stock a &q

Exxon Mobil Stock Is Again a Safe and Steady Dividend Play

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  XOM stock is a great option for investors on the prowl for high yield     Sideways oil prices may limit its ability to gain in the near term. But if you’re thinking of buying Exxon Mobil (NYSE:XOM) stock for its high yield, there’s little reason to worry.   With 2020’s troubles behind it, the integrated oil and gas giant is no longer at risk of cutting its dividend. Expected earnings for this year ($4.28 per share) will more than cover its payout.   Sure, investors still have reasons to price in a risk premium. This can be seen in its forward yield of 6.3%, which is above its average dividend yield of around 5.6% over the past four years.   First, there’s the uncertainty over whether oil prices will remain high. Lower oil prices could renew fears of a dividend cut. Second, there are issues related to a socially-conscious activist who recently won several seats on Exxon’s board. Yet, looking at the details, both these concerns appear overblown.   Its rate of payo

6 Beautifully Boring Dividend Stocks

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  Instead of popular but volatile stocks, owning under-the-radar defensive gems will let you sleep at night.     Hype comes at a price. High-profile stocks tend to have pricey valuations and short or inconsistent track records. Wild price swings can make it hard to stay invested if you can't deal with nail-biting volatility. Instead, consider some lower-profile and less-volatile dividend stocks.   "Boring is beautiful," says Jim Tierney, chief investment officer of concentrated U.S. growth at fund company AllianceBernstein. "These under-the-radar stocks that have very predictable businesses – they work."   Sleep-tight stocks tend to be established firms with a competitive advantage in slow-growth industries. They generate predictable sales and profit growth, no matter whether the economy is booming or contracting. They tend to be financially stable, with strong balance sheets, which reduces the odds that they'll get into financial trouble and a

Most Significant Insider Trades: Week of August 30, 2021

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  Disposals:   Eastman Chemical (NYSE:EMN) EVP Brad A. Lich sold 26,496 shares of the stock in a transaction that occurred on Thursday, August 26th. The shares were sold at an average price of $113.19, for a total value of $2,999,082.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Shares of EMN traded down $0.43 during trading hours on Monday, hitting $114.84. 450 shares of the company were exchanged, compared to its average volume of 783,394. The stock has a market capitalization of $15.59 billion, a P/E ratio of 49.47, a price-to-earnings-growth ratio of 0.65 and a beta of 1.50. Eastman Chemical has a fifty-two week low of $72.02 and a fifty-two week high of $130.47. The company has a current ratio of 2.06, a quick ratio of 1.41 and a debt-to-equity ratio of 0.87. The business’s fifty day simple moving average is $113.26. Read more …   Mondelez International, Inc. (NASDAQ:MDLZ)

Notable Analyst Upgrades and Downgrades for Week of August 30, 2021

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  Upgrades:   Halliburton (NYSE:HAL) was upgraded by research analysts at COKER & PALMER from a "sector perform" rating to a "sector outperform" rating in a research note issued to investors on Monday, Zacks.com reports. A number of other brokerages have also issued reports on HAL. BNP Paribas upgraded shares of Halliburton from an "underperform" rating to a "neutral" rating and set a $23.00 price target on the stock in a research note on Wednesday, July 21st. HSBC upgraded shares of Halliburton from a "reduce" rating to a "hold" rating and upped their target price for the stock from $15.80 to $18.20 in a research note on Thursday, August 5th. Exane BNP Paribas upgraded shares of Halliburton from an "underperform" rating to a "neutral" rating and set a $23.00 target price on the stock in a research note on Wednesday, July 21st. Barclays upped their target price on shares of Halliburton from $29.00