So yeah, as noted in “A Wild Week In Charts“, this was one hell of a week for the euro. Unlike rates, FX markets had no trouble discerning the most important sentence in Mario Draghi’s prepared remarks for the post-ECB-decision presser. This was the sentence that mattered: DOWNSIDE RISK TO OUTLOOK MAINLY DUE TO GLOBAL FACTORS You can read the entire post-mortem explaining exactly why that seemingly innocuous bit was actually the most important takeaway here. Anyway, the end result was the euro pushing hard towards its August 2015 high: Well guess what? The specs were piling into this ahead of Thursday. The CFTC data out this evening a...
Nordson (NDSN) has the 14th longest dividend growth streak among U.S. public companies with 53 consecutive years of increases, but many investors have never heard of this member of the dividend kings list here. However, Nordson is certainly a business that’s worth getting to know. The company has sticky customer relationships, a large base of recurring revenue, extremely diversified end markets, low payout ratios, and excellent dividend growth prospects. While Nordon’s dividend yield is far too low to consider the company for our list of the best high dividend stocks here, it is the type of business that can deliver exceptionally long-...
Do you “trust your gut” when it comes to investing? If so, chances are you will struggle to consistently make money as an investor. That’s according to the work of Peter Atwater, who’s been studying investor psychology for well over a decade. Peter is President and Founder of Financial Insyghts, a financial research firm dedicated to understanding the role investor confidence plays in the stock market and economy. Human brains, Peter says, are simply “not equipped to handle” investing decisions. And so “Trusting your gut” in the markets typically leads to bad, money-losing decisions. Human in...
The Chart of the Day is TRI Pointe Homes (TPH). I wanted to find a growth stock so I used Value Line to screen for companies having projections of 10% growth in both revenue and earnings. I used Barchart to sort that list first by the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 6/14 the stock gained 9.91%. TRI Pointe Group, Inc. is involved in the design, construction and sale of single-family homes. The company’s operating portfolio includes Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washin...
Shares of Philip Morris International Inc. (PM – Free Report) declined 1.45% at market close on Thursday, July 20, 2017. The company reported a year-over-year growth of 1.5% in total quarterly revenues, as it increased to $19.319 billion from $19.041 billion. Excluding excise taxes, it reported a $6.917 billion revenue figure in the second quarter of 2017 compared with $6.064 billion in the first quarter of 2017 and $6.641 billion a year ago. The company’s shares failed to beat the Zacks Consensus Estimate on both earnings and sales in the second quarter of 2017. Increased regulation and poor demand weighed on the company’s perfor...
As Baupost’s President and Head of Public Investments Jim Mooney looks at the current volatility landscape, he uses a mathematical logic that considers the mechanics of how leverage impacts the risk management terrain. His logic (and likely that of his famous boss, Seth Klarman) is that statistically abnormal volatility – the CBOE VIX index was knuckle dragging near 9.50 in early Friday trading – leads to higher market leverage that is increasingly common to document as systematic, algorithmically driven strategies dominate markets. It is at this intersection that Mooney – known in part for his skills at finding value after a market...
The 25-day IPO quiet period on Tintri Inc. (NASDAQ GLOBAL: TNTR) will end on July 25, allowing the firm’s IPO underwriters to publish reports and recommendations on Tintri, beginning July 26. The share price of Tintri Inc. will likely see a temporary increase as a result of a flood of positive underwriter reports. The event could open a buying opportunity for experienced investors. A handful of select IPO quiet period expirations produce buying opportunities. (Please refer to our firm’s research for full details.) We previewed this event on our IPO Insights platform. Business Overview: Provider of Enterprise Cloud Platform Tint...
Business Development Companies, or BDCs, are a popular investment class among income investors. BDCs pay dividend yields that far exceed the yields available from other asset classes. For example, the S&P 500 Index has a 2% dividend yield, on average. High-quality bonds aren’t much better—the 10-year U.S. Treasury Bond yields just 2.3% right now. Compare these puny yields with Harvest Capital Credit Corporation (HCAP), a BDC with a dividend yield nearing 10%. Harvest is one of 405 stocks with a 5%+ dividend yield. You can see the full list of established 5%+ yielding stocks here. Not only that, but Harvest pays its dividend each mont...
Heading into 2017, Wall Street was excited by the prospect of a U.S. president who sympathized completely with business. His promised tax and healthcare reforms were widely cheered by investors in the wake of his election. Yet the Congress has so far failed to deliver on those promises and investors are no longer giving the Trump administration a free pass based on the assumption that tax breaks are on the way. This loss of enthusiasm is reflected in the long periods of dullness the market has experienced since March. While the bull market leg which began with the November election remains intact, the market has proceeded in a halting fashion...