Stock Pick

Category: Stock Market

  • Edited Transcript of VAL earnings conference call or presentation 30-Apr-20 2:00pm GMT

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  • Newsflash: EPR Properties (NYSE:EPR) Analysts Have Been Trimming Their Revenue Forecasts

    Newsflash: EPR Properties (NYSE:EPR) Analysts Have Been Trimming Their Revenue ForecastsToday is shaping up negative for EPR Properties (NYSE:EPR) shareholders, with the analysts delivering a substantial…

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  • Saudi Arabia On A Pandemic Bargain Hunt, Buys Shares in Facebook, Disney, Boeing, Others

    Saudi Arabia On A Pandemic Bargain Hunt, Buys Shares in Facebook, Disney, Boeing, OthersSaudi Arabia's sovereign wealth fund is taking advantage of the coronavirus pandemic and buying stocks worth millions in the United States companies.What Happened The oil-rich kingdom's $300 billion sovereign-wealth fund has picked up shares worth half a billion dollars each in Walt Disney Co. (NYSE: DIS), Facebook Inc. (NASDAQ: FB), Marriott International Inc. (NASDAQ: MAR), and Cisco Systems Inc. (NASDAQ: CSCO).The Saudi Public Investment Fund (PIF) has also invested $522 million in Citigroup Inc. (NYSE: C) and $488 million in Bank of America Corp. (NYSE: BAC). The fund picked up a $714 million worth stake in Boeing Co. (NYSE: BA) as well. The fund is responsible for leading Saudi Arabia away from its hydrocarbon centered economy and has the mandate to invest in companies unrelated to the oil sector. Saudi Arabia's Crown Prince Mohammed Bin Salman is the chairman of the PIF.Why It Matters The PIF has been investing in global stocks during the ongoing pandemic and crash in oil prices, making the kingdom's financial position extremely vulnerable, according to MarketWatch.The Saudi government last week increased the value-added tax, and cut subsidies to state employees to deal with economic pressures resulting from declining oil revenues.Last month, the Saudi government fund invested $500 million each in the global entertainment firm Live Nation Entertainment Inc. (NYSE: LYV) and the cruise operator Carnival Corp. (NYSE: CCL).See more from Benzinga * Mark Cuban On Consumer Demand, Small Businesses Dilemma And Market Uncertainty * Zoom Rival Facebook's Messenger Rooms Goes Live Worldwide * Richard Branson's Virgin Atlantic To Raise More Than 0M From Deutsche Bank, Others(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Dollar Consolidates, Still in Demand

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  • Goldman’s Moe: Asian Stocks’ Rally Has Gone Too Far, Too Fast

    Goldman's Moe: Asian Stocks' Rally Has Gone Too Far, Too FastMay.17 — Tim Moe, chief Asia-Pacific equity strategist, talks about the outlook for the region’s stocks, gold and oil. He speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.”

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  • Ryanair CEO Says German, French Bailouts Distort Airline Market

    Ryanair CEO Says German, French Bailouts Distort Airline MarketMay.18 — Ryanair Holdings Plc Chief Executive Officer Michael O’Leary says that support by German and French governments for their airline industries is “illegal” and will “distort the market.” He made the comments after Europe’s biggest low-cost carrier boosted its liquidity with a 600 million-pound ($726 million) loan backed by the U.K. government. He speaks on “Bloomberg Markets: European Open.”

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  • Panasonic annual profit slides, but Tesla battery venture logs second quarterly gain

    Panasonic annual profit slides, but Tesla battery venture logs second quarterly gainJapan’s Panasonic Corp posted on Monday a 29% drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc logged a second straight quarterly profit. Panasonic did not issue an earnings forecast for the current year due to uncertainty from the virus, joining a number of Japanese electronics companies, including Sony Corp and Canon Inc , in refraining from providing outlooks. Operating profit for the year ended in March came in at 293.75 billion yen ($2.74 billion), in line with an average estimate of 295.3 billion yen profit drawn from 17 analysts polled by Refinitiv.

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  • Equity Markets to Struggle Without a Health Solution, Says State Street

    Equity Markets to Struggle Without a Health Solution, Says State StreetMay.18 — April’s rally in stock markets “was a classic case of a bear market rally,” according to Rebecca Chesworth, senior equities strategist at State Street Global Advisors. She speaks on “Bloomberg Markets: European Open.”

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  • You may soon receive additional COVID-19 stimulus checks from Uncle Sam: Goldman Sachs

    You may soon receive additional COVID-19 stimulus checks from Uncle Sam: Goldman SachsThe additional checks could be on the way, suggests Goldman Sachs.

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  • 2 ASX shares I would buy for growth and income

    Investor in white shirt dreaming of money

    Some ASX growth investors dismiss the idea of dividends and dividend income entirely. After all, if you don’t need the income today, why would you buy a company weakening its balance sheet every 6 months by shovelling cash out the door.

    But dividends have advantages of their own (not least franking credits) that can help any investor accumulate wealth faster. This choice isn’t always mutually exclusive. There are some ASX shares that offer investors both dividend income today, as well as the opportunity for significant future capital growth tomorrow.

    Here are (in my opinion) two such shares.

    Telstra Corporation Ltd (ASX: TLS)

    Telstra is not the kind of company that has a reputation for growth. It’s Australia’s largest telco that makes a crust selling phones, data plans and fixed-line broadband internet. It does have a reputation for dividend income, however. On current prices, Telstra shares are offering investors a trailing dividend yield of 5.1%, or 7.20% grossed-up (based on Telstra’s annualised 16 cents per share dividend over the past 12 months).

    That’s a fine yield to be sure, but I also think Telstra has significant growth potential in front of it. That’s because the company is heavily investing in the rollout of 5G technology. 5G is the next ‘big leap’ in mobile internet and promises many new applications like NBN-beating speeds and the Internet of Things.

    If all goes well with 5G in the next few years, I see Telstra as a stock with both income and growth potential.

    Magellan Global Trust (ASX: MGG)

    This share isn’t one company, but a listed investment trust (LIT) consisting of an entire portfolio of companies. But not just any companies. Magellan Global Trust has a management team that selects companies from all over the globe that they think are the ‘world’s best’. Right now, these include Facebook, Alibaba, Alphabet (Google), Visa and Tencent, amongst others. All of these names are growth engines that have helped this LIT deliver a performance of 12% per annum since its inception in 2017.

    But one of the great features of MGG is that its also geared for income as well. The trust aims to provide its investors with a 4% distribution yield every year, which you can either choose to receive in cash or reinvest at a discount. In this way, I think Magellan Global Trust is a great share to hold for both capital growth and dividend income.

    If you liked the sound of these two shares, you definitely won’t want to miss the stock named below!

    NEW: Expert names top dividend stock for 2020 (free report)

    When our resident dividend expert Edward Vesely has a stock tip, it can pay to listen. After all, he’s the investing genius that runs Motley Fool Dividend Investor, the newsletter service that has picked huge winners like Dicker Data (+92%), SDI Limited (+53%) and National Storage (+35%).*

    Edward has just named what he believes is the number one ASX dividend stock to buy for 2020.

    This fully franked “under the radar” company is currently trading more than 24% below its all time high and paying a 6.7% grossed up dividend

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    See the top dividend stock for 2020

    *Returns as of 7/4/20

    More reading

    Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Sebastian Bowen owns shares of Alphabet (A shares), Facebook, Telstra Limited, and Visa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Alphabet (A shares), Facebook, and Visa. The Motley Fool Australia owns shares of and has recommended Telstra Limited. The Motley Fool Australia has recommended Alphabet (A shares) and Facebook. 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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