Stock Pick

  • China plans to accelerate U.S. farm purchases following talks in Hawaii

    China plans to accelerate U.S. farm purchases following talks in HawaiiChina will accelerate purchases of American farm goods. Yahoo Finance’s Jessica Smith shares the details.

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  • Cruise Stocks Fall After Halting Trips From US Ports

    Cruise Stocks Fall After Halting Trips From US PortsRoyal Caribbean Cruises (NYSE: RCL), Carnival Cruise (NYSE: CCL) and Norwegian Cruise Line (NASDAQ: NCLH) traded sharply lower on Friday afternoon.What Happened: The Cruise Lines International Association (CLA) issued a statement announcing its ocean-going cruise line members will voluntarily extend the suspension of cruise operations from U.S. ports until Sept. 15, 2020.Cruise liners have been hit due to the coronavirus pandemic that's continuing to harm the travel industry. The current "No Sail Order" issued by the U.S. Centers for Disease Control and Prevention was expected to expire on July 24.Voluntarily Extension: "Due to the ongoing situation within the U.S. related to COVID-19, CLIA member cruise lines have decided to voluntarily extend the period of suspended passenger operations," CLA said in a statement.The extension will allow the cruise lining association to consult with the CDC on measures that will be appropriate for the eventual resumption of cruise operations.See Also: Here's How Long Carnival, Norwegian And Royal Caribbean Can Last Without RevenueCruise Line Price Action: Carnival Cruise shares were down 5.95% at $17.71 at the time of publication. The stock has a 52-week high of $51.94 and a 52-week low of $7.80.Royal Caribbean Cruises shares were down 7.31% at $55.04. The stock has a 52-week high of $135.32 and a 52-week low of $19.25.Norwegian Cruise Line shares were down 7.46% at $17.91. The stock has a 52-week high of $59.78 and a 52-week low of $7.03.See more from Benzinga * Morgan Stanley Deboards From Cruise Lines, Bearish On Carnival, Norwegian And Royal Caribbean * Why Norwegian Cruise Line's Stock Is Moving Higher Today * Norwegian Cruise Line Shares Fall On Mixed Q1 Report, CEO Says 'We Have Taken Decisive Action'(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Why I’d buy bargain shares now to get rich and retire early

    Retired man reclining in hammock with feet up, retire early

    Following the recent 2020 market crash, some investors may feel that buying shares to retire early is unlikely to be a sound strategy. After all, shares have displayed a significant amount of volatility, and in many cases, prices are substantially down on where they started the year.

    However, low valuations on offer across the share market could provide bargain share buying opportunities for long-term investors. Equities have a solid track record of recovering from their very worst declines. As such, through buying a diverse range of shares now, you could improve your capacity to retire early.

    Capital growth potential

    The past performance of the share market shows that it has outperformed many other mainstream assets over the long run. For example, its high single-digit annual returns are greater than the returns of other assets such as cash and bonds. Therefore, the shares market has historically been a sound place to invest for anyone seeking to build a nest egg to retire early with.

    The downside of buying shares is that they are also riskier than other assets. And they can display significant amounts of volatility at times. However, those periods of decline can present buying opportunities for long-term investors. They enable you to buy high-quality shares when they offer wide margins of safety. As such, they could offer even greater returns than the market average over the long run, enabling them to make a bigger impact on your portfolio’s performance.

    Recovery prospects

    When share prices are low, recovery may seem highly unlikely. However, the share market has a strong track record of overcoming even its most challenging periods.

    For example, during difficult periods such as the tech bubble and the financial crisis, many investors are likely to have felt that a market rebound was highly improbable. News regarding the economy was downbeat, and there were significant risks facing many companies and industries.

    However, the share market went on to post fresh record highs after those bear markets, as well as every previous bear market. As such, while a recovery may not have seemed likely over recent months, there is a high probability the share market will follow its long-term path and new record highs in the coming years.

    A long-term opportunity

    Even if the share market takes years to recover, it can still help you achieve your plans to retire early. Many investors have a long-term time horizon and are not planning to retire over the next few years. As such, they are likely to have sufficient time for their holdings to recover from present economic difficulties.

    Therefore, through buying strong businesses at bargain prices today and holding them for the long run, you can benefit from the shares market’s growth potential. This strategy could increase the size of your nest egg and allow you to retire early.

    For some shares to consider which may meet the above criteria, check out the free report below.

    5 stocks under $5

    We hear it over and over from investors, “I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!” And it’s true.

    And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

    Learn More

    *Extreme Opportunities returns as of June 5th 2020

    More reading

    Motley Fool contributor Peter Stephens has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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 Why I’d buy bargain shares now to get rich and retire early appeared first on Motley Fool Australia.

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  • Teladoc Health Nears Buy Point

    Teladoc Health Nears Buy PointTeladoc Health is closing in quickly on a 203.95 buy point

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  • DraftKings sees strong demand in new shares offering

    DraftKings sees strong demand in new shares offeringYahoo Finance’s Emily McCormick joins Melody Hahm to break down the details of DraftKings common stock offering, and more.

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  • Coronavirus vaccine update: Wednesday, June 17

    Coronavirus vaccine update: Wednesday, June 17On Wednesday, Gilead Sciences announced that it would soon begin enrolling volunteers for the next phase of its Remdesivir trial. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about Gilead Science’s trial on The Final Round.

    from Yahoo Finance https://ift.tt/2YfzkAV

  • Facebook removes Trump’s campaign ad over hate symbols

    Facebook removes Trump’s campaign ad over hate symbolsSocial media giants remove President Trump’s campaign ad over the use of hate symbols. Yahoo Finance’s On The Move panel shares the details.

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  • American Airlines in Talks for $2 Billion Junk-Bond Sale

    American Airlines in Talks for $2 Billion Junk-Bond Sale(Bloomberg) — American Airlines Group Inc. is seeking to raise around $2 billion from a junk bond offering that may emerge as soon as next week, according to people with knowledge of the matter.The company is sounding out investors for a potential five-year secured note that cannot be repaid for the life of the bond at a yield of 11%, said the people, who asked not to be named because the talks are private. Discussions around the terms of the offering, including the yield, are preliminary and could change, the people said.The debt may be backed by assets like airport slots and gates, Bloomberg previously reported.Representatives for American and Citigroup Inc., which is working with the company, declined to comment.American shares rallied after Bloomberg reported on the potential offering. The stock gained as much as 2% to trade at $16.84 at 11:16 a.m. in New York.American, the most debt-laden of the largest U.S. airlines, is considering the financing to help it get through a collapse in travel demand stemming from the Covid-19 pandemic. Delta Air Lines Inc., Southwest Airlines Co. and JetBlue Airways Corp. have tapped debt investors in recent weeks to boost liquidity.Fort Worth, Texas-based American offered about $360 million in municipal bonds on Wednesday, up from the $100 million the company initially planned to sell. The junk-rated bonds priced to yield 5.5% in 2031, nearly 4.6 percentage points higher than AAA rated municipals, and received more than $4 billion of investor orders.The airline has also received $5.8 billion in federal payroll support as well as a $1 billion 364-day term loan from banks, according to a regulatory filing last week.American’s planned offering comes as United Airlines Holdings Inc. said it plans to tap its frequent-flyer program to raise $5 billion in the debt markets. Amid the pandemic, investors have grown choosy about the collateral offered as security on debt. United earlier abandoned efforts to sell $2.25 billion of high-yield bonds backed by older planes after it was unsatisfied with terms of the deal.American has about $11 billion in unencumbered assets, according to the filing. Of that, $7.45 billion is estimated to be composed of slots, gates and routes. American’s existing term loans are trading between 75 cents and 85 cents on the dollar, according to data compiled by Bloomberg.(Updates with investor demand for bond in paragraph seven.)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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  • Stocks Decline as Virus Risk Rises; Oil Recovers: Markets Wrap

    Stocks Decline as Virus Risk Rises; Oil Recovers: Markets Wrap(Bloomberg) — U.S. stocks fell after Arizona and Florida reported their biggest increases in new Covid-19 cases since the pandemic began and Apple said it would close some stores in those states. Oil turned positive after briefly dropping into the red.Stocks had rallied at the start of U.S. trading amid reports that China plans to accelerate purchases of American farm goods to comply with the phase one trade deal boosted risk appetite. Still, with uncertainty over how quickly economies can emerge from lockdowns, and a welter of options set to expire in a quarterly event know as quadruple witching, investors are being whipsawed by bouts of volatility.“That’s a worrisome sign for markets,”said Matt Forester, chief investment officer of BNY Mellon’s Lockwood Advisors. “This is a continuation of the first wave, this is not a second wave.”In Europe, investors focused on negotiations over the EU’s proposed 750 billion-euro ($840 billion) program to help economies rebound from lockdowns, which helped send the Stoxx 600 Index up about 0.6%.After a brief swoon, equity markets were back in rally mode as investors bet that governments will be able to put their economies back on track with enough stimulus at their disposal. U.S. and European benchmarks had clawed back nearly all of last week’s losses that were spurred by concern over a second wave of coronavirus infections.Elsewhere, crude oil swung between gains and losses after advanced beyond $40 a barrel.These are some of the main moves in markets: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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  • Apple to close retail stores in 4 states amid coronavirus spikes

    Apple to close retail stores in 4 states amid coronavirus spikesApple to again close retail stores in states with coronavirus spikes.

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