Author: therawinformant

Were Hedge Funds Right About Genworth Financial Inc (GNW)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

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9 July 2020
5 Brilliant Ways to Increase your Marketing ROI

Growing a small business and ensuring it becomes recognized takes a lot of time. You have to ensure you are adopting the best marketing strategies that focus on uplifting your business. Even with the best marketing tools at your disposal, you may still be missing out on a chance to improve your ROI. Only 61% Read More…

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source https://blog.wallstreetsurvivor.com/2020/07/09/5-brilliant-ways-to-increase-your-marketing-roi/

9 July 2020
Siemens CEO Says Energy Spinoff Is Best Way to Boost Shares

Jul.09 — Siemens AG Chief Executive Officer Joe Kaeser says the proposed spinoff of an energy business is the best way to refocus and boost the company’s share price. Kaeser said he expects investors at a virtual meeting today in Munich to back the separation of Siemens Energy, which makes turbines for power plants and wind farms. He spoke on “Bloomberg Markets: European Open.”

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9 July 2020
5 things to watch on the ASX 200 on Friday
On Thursday the S&P/ASX 200 Index (ASX: XJO) returned to form and charged higher. The benchmark index climbed 0.6% to 5,955.5 points.

Will the market be able to build on this on Thursday? Here are five things to watch:

ASX 200 expected to slide.

Weakness on Wall Street overnight looks likely to weigh on the ASX 200 index on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 0.5% or 28 points lower this morning. Overnight the Dow Jones sank 1.4%, the S&P 500 dropped 0.55%, and the Nasdaq defied the rest with a 0.5% gain.

Tech shares on watch.

It could be a good day of trade for Afterpay Ltd (ASX: APT) and other tech shares after their U.S. counterparts charged higher overnight. Investors were piling into tech shares again, leading to the Nasdaq index racing to a new record high. Tech behemoth Amazon was the star of the show, rising 3.3% to an all-time high. It now has a market capitalisation comfortably above US$1.5 trillion.

Oil prices sink.

Energy producers such as Oil Search Limited (ASX: OSH) and Santos Ltd (ASX: STO) are likely to come under pressure on Friday after a pullback in oil prices. According to Bloomberg, the WTI crude oil price has fallen 3.3% to US$39.54 a barrel and the Brent crude oil price dropped 2.2% to US$42.33 a barrel. Traders appear concerned that a spike in coronavirus cases could impact oil demand.

Gold price rally runs out of steam.

Gold miners Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could end the week in a subdued fashion after the gold price softened. According to CNBC, the spot gold price fell 0.75% to US$1,807.30 an ounce. Investors appear to have been taking profit after some strong gains by the precious metal.

Evolution and Regis downgraded.

Also on watch today will be gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL). This morning analysts at Goldman Sachs downgraded their shares to sell ratings on valuation grounds. The broker has a $4.60 price target on Evolution shares and a $4.10 price target on Regis shares. This is notably lower than where their shares trade today.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of AFTERPAY T FPO. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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9 July 2020
Why Domino’s and Nanosonics shares could be fantastic buy and hold options
I’m a big fan of buy and hold investing and feel very fortunate to have such a large number of quality companies with positive long term outlooks at my disposal on the Australian share market.

Two top ASX shares that I think would be fantastic buy and hold investments are listed below. Here’s why I would snap them up today:

Domino’s Pizza Enterprises Ltd (ASX: DMP)

I think this pizza chain operator would be a great buy and hold investment option. Although the company has thousands of stores across Europe, the ANZ region, and Japan, it has no plans to stop its expansion any time soon.

Management intends to grow its global store network by 7% to 9% per annum for the next 3 to 5 years. It is also targeting same store sales growth of 3% to 6% per annum over the same period. If it delivers on both these targets, it should lead to solid profit growth over the medium term.

Nanosonics Ltd (ASX: NAN)

Another quality buy and hold option for investors to consider is Nanosonics. At present the infection prevention specialist generates all its revenue from its trophon EPR disinfection system for ultrasound probes. While this product still has a long runway for growth, the company is intending to diversify its offering in the near future with several new product launches.

Not a lot is known about these secretive new products, other than they are targeting unmet needs and the first product has a similar market opportunity to the trophon EPR product. If these products are a success, then the company’s earnings growth could be explosive over the 2020s. In light of this, I think there’s a very strong chance that the Nanosonics share price will smash the market over the next decade.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Nanosonics Limited. The Motley Fool Australia has recommended Domino’s Pizza Enterprises Limited and Nanosonics Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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9 July 2020
Wells Fargo to Start Cutting Thousands of Jobs This Year

Jul.09 — Wells Fargo & Co., the largest employer among U.S. banks, is preparing to cut thousands of jobs starting later this year. Bloomberg’s Hannah Levitt broke the story and she appeared on “Bloomberg Markets.”

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9 July 2020
3 quality ASX dividend shares to buy today
Luckily in this low interest rate environment, there are a good number of dividend shares offering attractive yields.

Three top dividend shares that I would buy right now are listed below. Here’s why I like them:

Dicker Data Ltd (ASX: DDR)

The first dividend share to consider buying is Dicker Data. It is a wholesale distributor of computer hardware and software which has continued its positive form in FY 2020 despite the pandemic. At the start of the month it released a half year update and revealed unaudited first half revenue of $1 billion and net profit before tax of $40 million. This was an increase of 18.3% and 25%, respectively, on the prior corresponding period. Management appears confident this strong form will continue. So much so, it has guided to a 31% increase in its dividend this year. This will bring it to 35.5 cents per share, which equates to a fully franked 4.8% yield based on the current Dicker Data share price.

Fortescue Metals Group Limited (ASX: FMG)

Another dividend share to consider buying is Fortescue Metals. I think it could be a top option right now thanks to sky high iron ore prices. The combination of its low costs, higher grades, and strong prices appear to have left the miner well-placed to generate bumper free cash flows from its Pilbara operations in FY 2020 and FY 2021. I expect the majority of these funds to be returned to investors through dividends. Based on the current Fortescue share price, I estimate that it offers a forward fully franked dividend of ~6%.

Wesfarmers Ltd (ASX: WES)

A final dividend share to consider buying is Wesfarmers. I think it would be a good option for income investors due to its portfolio of strong businesses. This is particularly the case for the Bunnings business, which looks well-placed for growth thanks to its high quality business model and government stimulus. And given how it is Wesfarmers’ biggest contributor to earnings, this bodes well for the company’s overall performance. In addition, Wesfarmers’ hefty cash balance should be supportive of potential earnings accretive M&A activity in the near future. All in all, based on the current Wesfarmers share price, I estimate that it offers a fully franked 3.4% FY 2021 dividend yield.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited. The Motley Fool Australia owns shares of Wesfarmers Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post 3 quality ASX dividend shares to buy today appeared first on Motley Fool Australia.

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9 July 2020
Dakota Access Shutdown Set for Appeal After Judge Keeps Order

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9 July 2020
Entrepreneur Tim Schmidt Takes Retirement Investing Into His Own Hands

Retirement investing is something that most people outsource to a financial advisor or 401k program manager with their employer. With more than 40 years to prepare for their golden years, people feel the security of having a licensed professional taking care of their money will give them the financial freedom they need to live out Read More…

The post Entrepreneur Tim Schmidt Takes Retirement Investing Into His Own Hands appeared first on Wall Street Survivor.

source https://blog.wallstreetsurvivor.com/2020/07/09/entrepreneur-tim-schmidt-takes-retirement-investing-into-his-own-hands/

9 July 2020
Fannie-Freddie Profit Sweep Draws U.S. Supreme Court Review

(Bloomberg) — The U.S. Supreme Court agreed to decide whether investors can challenge the 2012 agreements that let the federal government collect hundreds of billions of dollars of Fannie Mae and Freddie Mac’s profits.The justices said they will hear an appeal by President Donald Trump’s administration of a ruling that would force the government to defend against a shareholder lawsuit. The investors say the agreements exceed the authority of the Federal Housing Finance Agency, which regulates the two mortgage giants.Fannie jumped 5.7% to $2.22 in New York trading as of 3:11 pm, while Freddie rose 6% to $2.22.A ruling in the investors’ favor would give them a chance to collect a massive settlement. Fannie and Freddie have paid more than $300 billion in dividends to the Treasury under the so-called net-worth sweep.The administration told the court the dispute “is of immense practical importance.” The justices will hear the case in the nine-month term that starts in October.The Supreme Court on Thursday also agreed to hear an appeal from shareholders challenging the profit sweep under a different legal theory.Fannie Mae and Freddie Mac keep the U.S. housing market humming by buying mortgages from lenders and packaging them into bonds that are sold to investors with guarantees of interest and principal.‘Cloud of Uncertainty’After the housing market cratered in 2008, the companies were put into federal conservatorship and sustained by taxpayer aid. They have since returned to profitability and paid $115 billion more in dividends to the Treasury than they received in bailout funds. Since 2013, most of their profits have been sent to the Treasury under the net-worth sweep.The administration contends the 2008 law that set up the FHFA precludes lawsuits that challenge the profit sweep. The law bars courts from doing anything to “restrain or affect the exercise of powers or functions of the agency as a conservator.”A splintered New Orleans-based federal appeals court let the lawsuit go forward, saying the FHFA wasn’t acting as a conservator when it agreed to the net-worth sweep.The suing shareholders said the appeals court reached the right conclusion. But they nonetheless urged the Supreme Court to hear the Trump administration appeal, saying all sides would benefit from clarity.“So long as there is a credible threat that litigation will invalidate the net-worth sweep, a cloud of uncertainty will hang over the companies’ capital structure,” the shareholders told the Supreme Court. “Investors will not be willing to supply the tens of billions of dollars in new capital that are essential to Treasury’s reform plan.”Shareholders in the New Orleans court said that the FHFA, which has a single director who can’t be fired without cause, has an unconstitutional structure, making its decision to enter the profit sweep invalid. While the divided New Orleans court agreed with shareholders that the FHFA’s structure is unconstitutional, it said that fact alone could not invalidate the sweep, leading to the shareholder appeal.Trump administration officials, including Treasury Secretary Steven Mnuchin, have long stated that they want to end federal control by releasing Fannie and Freddie from conservatorship. Wall Street analysts have said they are skeptical of that happening before the November election, meaning the administration’s goal largely depends on Trump winning a second term.The government’s appeal is Mnuchin v. Collins, 19-563., and the shareholders’ appeal is Collins v. Mnuchin, 19-422.(Updates shares, second case granted starting in 3rd paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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9 July 2020