Stock futures ticked off quiet gains early Tuesday, as global markets showed resilience and U.S. markets looked to extended their rally to four days. X Pepsico (PEP) and United Rentals (URI) led the S&P 500. Tesla (TSLA) cranked up an early gain. Energy names including Marathon Oil (MRO) and EOG Resources (EOG) hovered just below buy points as oil price ticked higher. The major indexes flew in tight formation, with futures for the Dow industrials, S&P 500 and the Nasdaq 100 all trading 0.3% above fair value. Tesla led the Nasdaq 100. Premarket advancers led decliners on the Dow, but all 30 of the Dow components moved up or down less than 0.3%. (For updates on this story and other market coverage, visit the Stock Market Today.) IBD Newsletters Get exclusive IBD analysis and action news daily. SIGN UP NOW! IBD Newsletters Get exclusive IBD analysis and action news daily. Market Prep Tech Report Please enter a valid email address … [Read more...] about Stock Futures Edge Up: Tesla Jumps; 3 Oil Stocks Near Buy Points
Stocks near 52 week low
By Andrew Galbraith SHANGHAI (Reuters) - Asian shares remained near nine-month lows on Friday despite small gains on Wall Street overnight, as ongoing concerns over global trade frictions dampened sentiment, though a move to ease foreign investment curbs in China could boost markets there. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, Australian shares were 0.1 percent higher, while Japan's Nikkei stock index was down 0.2 percent. Stocks on Wall Street posted small gains on Thursday, helped by financial and technology shares, but broader market sentiment remained subdued on lingering concerns over U.S.-driven trade tensions. The Dow Jones Industrial Average rose 98.46 points, or 0.41 percent, to 24,216.05, the S&P 500 gained 16.68 points, or 0.62 percent, to 2,716.31, and the Nasdaq Composite added 58.60 points, or 0.79 percent, to 7,503.68. On Thursday evening, China released details of a long-anticipated easing on foreign investment curbs on … [Read more...] about Asian shares stay near nine-month lows as trade frictions weigh
By Swati Pandey SYDNEY (Reuters) - Asian markets started on a firm footing and the dollar eased on Friday as softer-than-forecast U.S. inflation data tempered expectations for faster Federal Reserve interest rate rises this year. Investor sentiment also got a small boost after U.S. President Donald Trump said he had high hopes of "doing something very meaningful" to curtail North Korea's nuclear ambitions at a summit in Singapore next month. Clear signs of thawing relationships in the Korean peninsula and the prospect of still expansionary monetary policies in most of the developed world helped whet risk appetite, although concerns remained around U.S.-China trade skirmishes and rising tensions in the Middle East. MSCI's broadest index of Asia-Pacific shares outside Japan rose for a second straight session to near three-week highs. Japan's Nikkei climbed 0.7 percent while South Korea's KOSPI added 0.6 percent. Australian and New Zealand shares were both up 0.2 percent. On Wall Street, … [Read more...] about Asian stocks near three-week top, dollar eases after U.S. inflation
Gardening might be the last thing on your mind this February, but I would still entertain the idea of adding Scotts Miracle-Gro (NYSE: SMG) to your portfolio. The home lawn-care specialist has been growing like a weed for much of the past several years. But the announcement of fiscal first-quarter 2018 results at the end of January sent shares tumbling, after a warning that growth will slow in the year ahead. That one little admission sent the stock from levels near the 52-week high to within shouting distance of the 52-week low -- in a matter of two days. It's easy to understand Wall Street's knee-jerk reaction. Scotts Miracle-Gro stock was relatively expensive, but that was justified by awesome growth. No awesome growth, no justification, and, well, look out below. While there may be some disappointment in the short term, the long-term growth potential of Scotts Miracle-Gro hasn't changed. That's why it's my top stock to buy in February. Image source: Getty Images. Slowing … [Read more...] about Here’s My Top Stock to Buy in February
Johnson & Johnson (NYSE: JNJ) is a healthcare giant that sells over-the-counter products, pharmaceuticals, and medical devices. Its diversification makes it a core holding for many investors, including income investors who love its long track record of dividend increases. Recently, the company reported financial results for 2017 that caused its share price to slip. Is Johnson & Johnson becoming a risky stock to buy? What's the news? Johnson & Johnson overdelivered on both revenue and adjusted earnings in the fourth quarter. Its sales were $20.2 billion, which was slightly ahead of $20.1 billion estimates, and its adjusted earnings per share were $1.74, which beat industry watchers' outlook by $0.02. IMAGE SOURCE: GETTY IMAGES. On an operational basis, consumer goods revenue in the quarter was essentially flat, medical device sales grew 6.5%, and pharmaceuticals sales grew 15.5% from last year. The pharmaceuticals growth was due in large part to growing demand for … [Read more...] about Is Johnson & Johnson a Safe Stock to Buy?
On the list of the greatest investors of all time, Berkshire Hathaway CEO Warren Buffett is right at the top. Buffett's focus on buying and investing in companies with durable competitive advantages, and paying reasonable prices, has turned Berkshire into the mammoth company it is today.Many people claim to follow Buffett's approach, but there's only one Warren Buffett. Still, if you're looking to invest in stocks that are up Buffett's alley, three of our Foolish investors have some ideas. Here's why Buffett fans should consider Amazon.com (NASDAQ: AMZN), The Kraft Heinz Company (NASDAQ: KHC), and Phillips 66 (NYSE: PSX).Image source: Amazon.An investment in everything, everywhereRich Duprey (Amazon.com): There was a time when Warren Buffett wouldn't have invested in a tech stock, because, as he said, he didn't understand them. But that was a long time ago, and today he owns several. Indeed, Apple is now his single biggest holding -- which is why Amazon.com would make an excellent … [Read more...] about 3 Stocks for Warren Buffett Fans
The average price-to-earnings ratio of the S&P 500 right now is about 26 -- well above its historical average of 15.7. However, not all stocks look expensive.For example, there are some bargains to be had in the financial sector. Goldman Sachs (NYSE: GS), which recently reported disappointing trading revenue, looks very attractive from a long-term perspective. The investment bank trades for less than 13 times 2017 earnings, and has lots of potential to grow in the coming years.Real estate is another area that looks great from a long-term perspective. The sector has been beaten down lately thanks to expectations of rising interest rates. As the economy continues to strengthen, rate hikes are seen as more likely, and this is a negative catalyst for real estate investment trusts (REITs).One that I have my eye on right now is leading healthcare REIT Welltower (NYSE: HCN). Healthcare real estate is a recession-resistant property type, and Welltower's portfolio of … [Read more...] about Ask a Fool: Are there any cheap stocks left?
What happened 2017 was a year investors in Cameco Corp. (NYSE: CCJ) would want to forget, but they shouldn't, really. While shares of the uranium miner slumped 11.8% on the back of a challenging year, something happened during the tail end of 2017 that helped the stock gain some ground and could further help it sustain momentum. So what Low uranium prices and a lost contract proved to be Cameco's biggest challenges in 2017. Even as Cameco's losses widened, the ghosts of the Fukushima Daiichi nuclear disaster of 2011 that stalled the nuclear energy market came back to haunt the company when Tokyo Electric Power Company abruptly terminated a uranium supply contract with Cameco that was to run through 2028. Not surprisingly, Cameco shares trended lower for the better part of 2017 as investors, who had patiently waited for a turnaround in the uranium market, started losing what little hopes they had. Their fears were confirmed in October when Cameco reported a huge loss for its … [Read more...] about Should You Be Worried About Cameco Corp Stock’s 11.8% Drop in 2017?
If Bitcoin's too crazy a ride for you, here are 18 stocks that analysts say could enjoy their own personal bull runs in 2018.The "18 stocks for '18" list includes oil and natural gas drillers and drug makers. It also spotlights an internet travel company and high-tech firms that make the digital computing world go.This lineup of potential stars (shown below) is based on a simple methodology: They're the companies in the Standard & Poor's 500 with the biggest potential to rise when you compare their closing share price on Dec. 15 to the higher projected price targets of Wall Street analysts, using data from S&P Global Market Intelligence. Aside from strong-performing tech names, many of these stocks are considered good deals or "value plays," because their prices were beaten down in 2017 despite a nearly 20% gain for the broader market.Energy companies, which fell more than 3% in 2017 and were among the worst stock market … [Read more...] about 18 stocks that could rise 25% in 2018
If Bitcoin's too crazy a ride for you, here are 18 stocks that analysts say could enjoy their own personal bull runs in 2018.The "18 stocks for '18" list includes oil and natural gas drillers and drug makers. It also spotlights an internet travel company and high-tech firms that make the digital computing world go.This lineup of potential stars (shown below) is based on a simple methodology: They're the companies in the Standard & Poor's 500 with the biggest potential to rise when you compare their closing share price on Dec. 15 to the higher projected price targets of Wall Street analysts, using data from S&P Global Market Intelligence. Aside from strong-performing tech names, many of these stocks are considered good deals or "value plays," because their prices were beaten down in 2017 despite a nearly 20% gain for the broader market.Energy companies, which fell more than 3% in 2017 and were among the worst stock market … [Read more...] about 18 stocks that could rise 25% in ’18