Forex News 24 |
- STUDY: Arsenic in Bottled Water Found at Walmart, Target, Whole Foods STUDY: Arsenic in Bottled Water Found at Walmart, Target, Whole Foods
- 5 Top Stock Trades for Monday: AAPL, XOM, NVTA
- Time is of the essence, Trader
- Axovant Gene Therapies News: AXGT Stock Soars on Manufacturing Deal Axovant Gene Therapies News: AXGT Stock Soars on Manufacturing Deal
- Gold 06.20.2019 – Big domination of bulls continues
- SPY ETF Notches Largest Outflow in 2019, HYG Finds Buyers
- 3 Monthly Dividend Stocks to Buy Today – LTC, SJR, MAIN
- Slack Joins IPO Club
- Best Stocks: 7 Top S&P 500 Stocks to Buy 2019 (So Far)
- KFC Cheetos Sandwich to Debut Nationwide on July 1
| Posted: 21 Jun 2019 01:55 PM PDT Hits: 6 There were high levels of arsenic found in bottled water that was sold in a number of major grocery stores, raising health concerns as arsenic can cause cancer if consumed by humans.
The aforementioned unveiled a press release Tuesday noting that these products have arsenic amounts "above the level requiring a health warning under California's consumer protection law." The toxic can reportedly cause cancer and reproductive harm, per the release. CEH's CEO, Michael Green, noted that some may see bottled water as being a safer choice than tap water, but it could lead to serious health problems in this case. "Consumers are being needlessly exposed to arsenic without their knowledge or consent," Green said. "They are ingesting an extremely toxic metal." Green added that the exact levels of arsenic were not disclosed by the organization because it is now suing both Whole Foods and Keurig Dr Pepper over the issue. Nevertheless, CEH said its findings corroborated Consumer Reports research regarding high levels of arsenic in the bottled water brands. The April Consumer Reports tests on Starkey water found that the arsenic levels in three samples came in between 9.48 to 9.86 ppb, while a fourth was 10.1 ppb, slightly higher than the federal limit of 10 ppb. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | ||||||||||||||||||
| 5 Top Stock Trades for Monday: AAPL, XOM, NVTA Posted: 21 Jun 2019 01:16 PM PDT Hits: 6 A day after the Fed's statement on Wednesday, the stock market ripped higher Thursday. On Friday, it cautiously hovered around flat as investors contemplate the Fed, the trade war and potential geopolitical issues with Iran. That said, there are some solid moves in individual names, leading the way for our top stock trades. Top Stock Trades for Tomorrow #1: AppleI really like the way Apple (NASDAQ:AAPL) is coiling just below $200. The FANG + Apple group came into Friday's session 13% or more below their all-time highs, with the exception of Amazon (NASDAQ:AMZN), which was about 6% below its highs. It will be hard for the Nasdaq to hit new highs with this lagging action under way. If the trade-war rhetoric starts to improve though, AAPL could be a big winner. Over $200 puts $210+ on the table. If $200 is resistance though, look for trend and moving average support between $192.50 and $194. Otherwise, AAPL may need more time to setup. Top Stock Trades for Tomorrow #2: Exxon Mobil
So now what? I want to see if XOM can put together a rally up toward $80, currently downtrend resistance (blue line). Above that mark calls for a test of range resistance near $83. Should shares falter from current levels, a decline to its 200-week moving average near $75 is in play. Below that and uptrend support around $73 is on the table, with range support at $70 just below that. Keep it simple and visual. Top Stock Trades for Tomorrow #3: InvitaeInvitae (NASDAQ:NVTA) really burst onto the scene this year, running from about $10 in January to $26.77 in April. Wow, what a run! But the whole long setup fell apart when a head-and-shoulder formation sent shares reeling once neckline support near $22.50 gave way. Since then, $17 support held up fine as shares have been making their way higher once again. Friday's action looked disappointing, but long-term bulls have to be happy with it holding its 20-day and 50-day moving averages. NVTA is a speculative holding, but looks set for big long-term gains in my view. I would love to see it push through this $22 to $22.50 area, which marks prior neckline support as well as downtrend resistance (blue line). If it does, look for a gap fill up toward $24. If it can't push through $22.50, see if its moving averages can buoy the name again. Top Stock Trades for Tomorrow #4: The Trade DeskAnother high-octane growth name has been The Trade Desk (NASDAQ:TTD). Earlier this month, we called TTD a better sell than buy up near $260 channel resistance. While it wasn't overbought, going from $200 to $260 in just five trading sessions was too far, too fast. Momentum is starting to roll over (blue circle) and TTD is coming under pressure. I don't know if the 20-day saves it or if it will fall to the 50-day. Will it return to $200? I really don't know — no one does. However, bulls who wisely took profits can start to rebuild a position near any of these key levels. It just depends on how comfortable they feel with the potential risk. $231 marked the recent low this month, so perhaps the 20-day isn't a bad spot to nibble. I would love another shot at TTD closer to $200 though. Top Stock Trades for Tomorrow #5: NioThis is another one we recently warned investors about. Nio (NASDAQ:NIO) stock rallied up to prior downtrend support and the 20-day moving average. On Friday, these marks ruthlessly swatted Nio lower, as shares collapsed more than 8%. Now the $2.50 level is back on the table. Below and Nio stock will look quite ugly. Simply put, this is not one I want to be long. If $2.50 holds, we need to see a move over the 20-day and downtrend resistance before it's even close to being a buy. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPl and AMZN. http://platform.twitter.com/widgets.js Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | ||||||||||||||||||
| Time is of the essence, Trader Posted: 21 Jun 2019 01:00 PM PDT Hits: 6
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| Posted: 21 Jun 2019 12:39 PM PDT Hits: 7 Axovant Gene Therapies (NASDAQ:AXGT) saw its stock skyrocket on Friday as the company inked a deal with Yposkesi related to the manufacturing of the biopharmaceutical business' experimental treatments.
"This partnership is expected to provide Axovant with sufficient manufacturing capacity to deliver our gene therapies to patients at scale, a key component for the continued development of our gene therapy pipeline," Axovant CEO Pavan Cheruvu said in the company's statement. Axovant has no manufacturing capacity of its own, which means the business depends on partnerships as it works to bring its first therapies to market. The company currently has agreements with Oxford BioMedica, as well as Nationwide Children's Hospital to supply material. Yposkesi is focused on gene therapy work, and the company has plans in place to double its manufacturing capacity for AAV and lentiviral vectors to 100,000 square feet, per the companies' statement. The brand also plans on creating additional large-scale bioreactors. CEO Alain Lamprove said Yposkesi will seek to help Axovant accelerate the development of its treatments, which includes therapies in clinical testing for Parkinson's disease, GM1 gangliosidosis and GM2 gangliosidosis. AXGT stock is up a whopping 30.9% on Friday following the news. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | ||||||||||||||||||
| Gold 06.20.2019 – Big domination of bulls continues Posted: 21 Jun 2019 12:29 PM PDT Hits: 10 Gold did push higher as I expected yesterday. The price tested the level of $1.410. I still expect more upside due to new momentum up on the MACD oscillator and Gold is the extended UP run. Blue rectangle – Important weekly resistance Orange rectangle – Resistance became support Black lines- Upward Pitchfork channel My analysis didn’t change much since yesterday.Gold did breakout of the major resistance at $1.346 and that action did set the bullish tone that we are seeing now. Price has reached and broke the Pitchfork median line and confirmed that Gold has entered into strong bullish environment .RSI and MACD are showing overbought condition but this is due to very strong bulls on the market. As long as the Gold is trading above the level $1.356, we will look for buying signals. Watch for buying on dips with target around $1.433.The material has been provided by InstaForex Company – www.instaforex.com Can you get moneyed from fx trading? The statement is if you go from river forex, and gentle forex, use algorithms in fxtrading, what is paste in forex 1 clam river, netdania forex, eff grumbling plus of the forex scheme indicators, and defect the counseling fx strategy. We module win win all.  | ||||||||||||||||||
| SPY ETF Notches Largest Outflow in 2019, HYG Finds Buyers Posted: 21 Jun 2019 12:03 PM PDT Hits: 10 SPY & HYG ETF Flows:SPY ETF Notches Largest Outflow in 2019, HYG Finds BuyersThe SPY ETF saw roughly -$4 billion leave its coffers on Thursday as investors looked to take profit after the underlying S&P 500 tagged a record high. While it could be argued the outflow is indicative of waning demand, profit-taking is the more likely culprit as other risk asset-tracking funds saw considerable inflows following the dovish tone put forth by Fed Chairman Powell on Wednesday. SPY ETF Fund Flows and S&P 500 Price ChartData source: Bloomberg Further, other broad-market tracking ETFs posted flows that were within range and largely insignificant. In aggregate, the SPY, IVV and VOO funds recorded roughly -$3 billion in outflows – with the latter two funds experiencing net inflows for the week. Meanwhile, the high-yield corporate debt ETF, HYG, notched a series of robust inflows. SPY, IVV, VOO ETF Fund Flows and S&P 500 Price Chart
Data source: Bloomberg Recording an inflow of $1 billion on Thursday, the HYG ETF added to its considerable capital haul for the week with a weekly net flow of $1.25 billion. As of Friday, the fund posted its largest weekly net inflow since early January when the fund received $1.8 billion in fresh capital. The flows are indicative of a risk-on attitude that would align with the continuation of relaxed monetary policy from the Federal Reserve. Similar sentiment was echoed in the JNK ETF. HYG ETF Fund Flows and S&P 500 Price Chart
Data source: Bloomberg JNK, which also provides exposure to high-yield corporate debt, currently boasts its longest streak of net inflows over the last year and a half. At 11 consecutive sessions, the consistent demand has seen $1.8 billion enter the fund. With the monetary policy path of the Federal Reserve seemingly locked in, investors have expressed a renewed appetite for riskier-allocations. Despite the outflows from SPY, the replenished demand for risk could signal investors' willingness to continue the recent trend in the S&P 500. JNK ETF Fund Flows and S&P 500 Price Chart
Data source: Bloomberg –Written by Peter Hanks, Junior Analyst for DailyFX.com Contact and follow Peter on Twitter @PeterHanksFX Read more: S&P 500 Posts Largest Gap Higher in 6 Months, VIX Follows Suit DailyFX forecasts on a variety of currencies such as the US Dollar or the Euro are available from the DailyFX Trading Guides page. If you're looking to improve your trading approach, check out Traits of Successful Traders. And if you're looking for an introductory primer to the Forex market, check out our New to FX Guide. http://platform.twitter.com/widgets.js Can you get prosperous from fx trading? The serve is if you go from river forex, and promiscuous forex, use algorithms in fxtrading, what is farm in forex 1 symbol canadian, netdania forex, buy increase vantage of the forex scheme indicators, and account the mean fx strategy. We present follow win all.  | ||||||||||||||||||
| 3 Monthly Dividend Stocks to Buy Today – LTC, SJR, MAIN Posted: 21 Jun 2019 12:01 PM PDT Hits: 11 Retirement: It's all about one thing and that's income … replacing a steady paycheck with your savings. With that, dividend stocks have plenty of appeal for retirees. Not only can you score higher yields than bonds, but you have the ability to grow those payouts over time as well. However, dividend stocks do have one major drawback. Their payment schedules. Most dividend stocks pay on a quarterly or even semi-annual basis. And while that may not seem like a problem, for many retirees used to a monthly or bi-weekly paycheck balancing cash flows can be a hard pill to swallow. After all, your mortgage, cable bill and car payments are due each month. To that end, getting a monthly dividend could be the answer to budgeting issues. Luckily, there are plenty of dividend stocks that do happen to payout monthly. Here are three of the best. Main Street Capital Corp (MAIN)Dividend Yield: 5.89% Most investors have never heard of businesses development companies (BDCs). That's a shame because they can be some of the biggest yielding stocks around. BDCs are set up as pass-through entities much like real estate investment trusts, and similarly must pay out at least 90% of their earnings as dividends. How they earn that income is by loaning cash to mid-sized firms — companies too big to ask the local bank for a loan, but not big enough to launch a significant bond offering — at competitive rates. The best way to really think of them is like public-private equity firms. And when it comes to BDCs, Main Street Capital (NASDAQ:MAIN) could be one of the best. MAIN has provided capital to more than 200 private companies and thanks to its underwriting and deal standards, it has been very successful at turning a big profit on those loans. Just for the first quarter of this year, MAIN has already seen its investment income rise by 10% year-over-year. Those sorts of gains have allowed the firm to become a great dividend stock since its IPO in 2007. The BDC has managed to grow its payout by 127% since then. Today, you can score a great recurring monthly dividend with a current yield of 5.89%. The best part is that MAIN's management likes to reward shareholders further with extra supplemental dividends. This allows the BDC to use excess capital if a great deal can be had or for dividends. Adding those extra payouts in, and investors are looking at closer to 7.2% yield. BDCs like MAIN provide a much-needed service to many firms. And thanks to its underwriting skill and focus on quality firms, MAIN has quickly become one heck of a dividend stock. Shaw Communications (SJR)Dividend Yield: 4.5% One sector that can be a fertile hunting ground for dividend stocks, and is also known for its stability, is the telecommunications industry. Top stocks like AT&T (NYSE:T) and Verizon (NYSE:VZ) are in plenty of income portfolios. The reason is easy to see. Predictable fixed costs and demand allow telcos to pay out reliably healthy dividends. The problem is T and VZ aren't monthly dividend stocks. But Canada's Shaw Communications (NYSE:SJR) is. Shaw remains one of Canada's largest telecoms and offers the usual bundle of services, including cable, internet and wireless phone services. It has been doing this for decades just like T and VZ here at home. And SJR has also tackled the problem of cord cutting head on. The telecom has been able to successfully convert customers to faster internet service to overcome lower cable subscriptions. This has helped boost revenues. At the same time, SJR has been one of the first movers in Canada for new 5G networks. That will give it a heads-up in bringing faster mobile internet, IoT and other applications to the nation. As Shaw moves forward in these areas, investors can sit back and collect a hefty monthly yield. Currently, SJR pays 4.5%. Now, that dividend will fluctuate based on changes to the U.S./Canadian dollar. However, given Shaw's stability and potential growth, it's a small price to pay for a great dividend stock. LTC Properties (LTC)Dividend Yield: 4.89% Honing in on so-called mega-trends is a great way to find dividend stocks that will stand the test of time. For monthly-dividend payer LTC Properties (NYSE:LTC) that mega-trend is the "Graying of America." Thanks to advances in medicine, lifespans are only increasing and longevity is almost assured at this point. LTC is uniquely positioned to take advantage of this fact. The firm invests in the senior housing and assisted living facility sectors of the healthcare property market. Currently, the firm owns/invests in roughly 200 properties that are right in the sweet spot for the nation's aging baby boomers. Demand for these facilities continues to grow as more seniors need aid to get along. The key is that LTC doesn't operate the facilities or even own the buildings in many cases. What it does is provide financing for owner/operators to construct and renovate their properties or it buys properties from owners in a sale-leaseback transaction. It's basically a mortgage lender that collects a monthly rent check. This position in the sector allows it to avoid some of the profitability issues that can result in senior living and assisted living facilities. It also allows for some safety and steady profits on its end. Year-over-year, LTC saw a gain in FFO for the first quarter of 2019. Steady FFO gains have allowed it to raise its dividend over 46% since 2008. Currently, LTC yields 4.89%. All in all, LTC is in the right area at the right time. And that makes it a great monthly dividend stock to own. As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | ||||||||||||||||||
| Posted: 21 Jun 2019 11:58 AM PDT Hits: 10 Software company sees shares soar over 40% in debut. Cloud-based team collaboration software company Slack (WORK) went public on Thursday, joining a busy field of companies making the move to stock exchanges after years or being privately-held. Shares of the company were originally priced at $26, giving the company a rough valuation of $15.7 billion. However, trading began around $36-37, indicating that shares gained about 40 percent from their open. Unlike many companies going public for the first time, Slack pursued a direct listing, skipping the typical IPO process involving a series of underwriting banking partners. The move saves millions in fees that would otherwise go to investment banks. Slack was launched in 2013 as a side project to improve team communication for a game company, but quickly rose to become a widely-used tool for staying in touch with coworkers. Action to take: While there are plenty of IPOs to invest in, early trading can be highly speculative with big gains, and big losses. Without profitability, determining a solid valuation is impossible, but it is likely below the estimated market cap of $22 billion based on where shares traded following the IPO. Company insiders typically have a lockout period the first few months of trading. Investors would best sit this one out as well, at least until the insider lockout period ends, as there could be selling pressure then.
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| Best Stocks: 7 Top S&P 500 Stocks to Buy 2019 (So Far) Posted: 21 Jun 2019 11:18 AM PDT Hits: 10 The stock market is partying in 2019 more than it has in over 20 years. We are coming into the end of June, and the S&P 500 is up more than 17% year-to-date. That's the biggest year-to-date gain through June for the S&P 500 since 1997, when stocks were up 21% year-to-date in mid-June. For what its worth, that first half 1997 rally in stocks continued into the back half of the year. Through the last six months of 1997, the S&P 500 rose another 8%, finishing the year with a record 30%-plus gain. In other words, we are a little over halfway through 2019, and stocks are on track to have their best year in over 20 years. That's pretty wild, considering in late 2018, financial markets globally were grappling with recession fears. Nonetheless, now feels like an appropriate time to take a look at the stocks which are leading this record 2019 stock market rally. Which S&P 500 stocks have notched the biggest year-to-date gains through mid-June? As is always the case, it's not who you would guess. With that in mind, let's take a look at the top seven performing S&P 500 stocks of 2019 thus far. Best Performing S&P 500 Stocks of 2019: Coty (COTY) Source: Shutterstock YTD Gain: 105% Beaten up global beauty giant Coty (NYSE:COTY) has staged a huge turnaround rally in 2019 — a rally big enough to make COTY stock the S&P 500's best performing stock year-to-date through mid-June. The recovery rally was kick-started in early February when the company reported a surprise double-beat quarter that caused shares to rally in a big way. A few days thereafter, German conglomerate Jab Holding Co offered to purchases 150 million shares of Coty at a purchase price of $11.65. That pushed COTY stock — which was trading below $10 at the time — even higher. Since then the company has reported another "good enough" earnings report, which has kept COTY stock in rally mode. Can COTY stock stay in rally mode? Most signs point to yes. The global economic situation is starting to improve after a late 2018 slowdown. Coty's numbers and operational trends are also improving. Insiders are buying the stock. The valuation remains reasonable at 19 times forward earnings. Big turnaround plans are due to be announced on July 1. Broadly, there's still a lot to like about COTY stock, and all those favorable conditions should keep this stock in rally mode. Xerox (XRX)  YTD Gain: 78% The second-best-performing S&P 500 stock of 2019 thus far is another dark horse turnaround company, Xerox (NYSE:XRX). Document management systems company Xerox has been stuck in a multi-year decline. Now, management is finally doing something about it. They are reorganizing the company, looking to shed non-core assets, driving cost savings throughout the business, stabilizing top-line trends and putting the focus back on innovation. Most of these initiatives are working. The company has topped profit estimates in a big way in each of the past two quarters as margins are substantially improving. Investors have rallied around these profit improvements, and XRX stock is up nearly 80% year-to-date. Will the rally continue? Not until revenue trends reverse course. The valuation is cheap at about 9-times forward earnings. But that low multiple has been the average valuation for this stock over the past several years. Margins are improving, so that warrants a higher valuation. However, revenue trends remain depressed, and depressed revenue trends do not warrant a higher valuation. Thus, until they reverse course, it's tough to see XRX stock staying on a winning trajectory. Chipotle Mexican Grill (CMG) Source: Shutterstock YTD Gain: 71% Coming in third is Mexican fast casual eatery Chipotle Mexican Grill (NYSE:CMG). The huge 70%-plus year-to-date gain in CMG stock can be attributed almost entirely to new management. The new team came to Chipotle in 2018 and implemented a series of growth initiatives ranging from expanding the digital delivery business to revamping the menu to rolling out new marketing strategies. All of those initiatives have come together to spark a healthy recovery in Chipotle's traffic, sales, margin and profit trends. The result? A huge bounce-back rally in what was a very beaten up CMG stock. Can the stock keep marching higher in the back half of 2019? I'm not convinced. I still think the macro-trends aren't as good as they used to be for Chipotle. Namely, the health food craze has shifted from Mexican-style burritos and bowls in the mid-2010's, to acai bowls, superfood cafes, poke, and various other non-burrito-related meals in the late 2010's. Thus, I doubt unit performance levels and margins will return to peak levels, and the inability to do so will ultimately short-circuit this big rally in CMG stock. Cadence Design Systems (CDNS)
YTD Gain: 65% Slotting in at fourth, we have electronics design giant Cadence Design Systems (NASDAQ:CDNS) with a 65% year-to-date gain through June. CDNS stock has rallied in a big way in 2019 as the secular bull thesis has gained traction, credence, and visibility through back-to-back double-beat-and-raise earnings report, both of which comprised low double-digit revenue growth and healthy margin expansion. Analysts raised price targets in response to both reports, and the stock has consequently been in rally mode all year long. Will Cadence stock stay in rally mode for the rest of the year? I'm not convinced. Valuation is now an issue for this stock. At 32-times forward earnings, CDNS stock is trading at its biggest forward earnings multiple in several years. Throughout 2018, the stock traded at or below 25-times forward earnings. To be sure, growth is good (low double-digit revenue growth with steady margin expansion). But that good growth profile seems fully priced in here and now. As such, further upside seems limited by an already stretched valuation. Advanced Micro Devices (AMD) Source: Shutterstock YTD Gain: 65% Last year, chip company Advanced Micro Devices (NASDAQ:AMD) was the best-performing S&P 500 stock. AMD is following up that record 2018 performance with another strong year in 2019. With a 65% year-to-date gain, AMD stock is the fifth-best-performing S&P 500 stock in 2019 thus far. The driver of the out-performance? The same thing that drove out-performance in 2018: relentless market share expansion. The global central processing unit (CPU) and graphics processing unit (GPU) markets are huge — big enough to support a $210 billion market cap for Intel (NASDAQ:INTC) on the CPU side, and a $100 billion market cap for Nvidia (NASDAQ:NVDA) on the GPU side. AMD is a small player in this market, with a market cap just under $32 billion. But through faster-than-peer product innovation, it is rapidly winning share from Intel and Nvidia, and in so doing, becoming an increasingly large and important CPU and GPU company. Will AMD stock stay in rally mode? In the long term, yes. The present outlook is for AMD to continue to steal market share from Nvidia and Intel over the next several years. That share expansion, in a market supported by healthy growth drivers, should drive robust revenue and profit growth at AMD, the sum of which should drive AMD stock higher. But, in the near term, valuation friction is a problem for AMD stock, and prices well above $30 don't seem justified just yet. MSCI (MSCI)
YTD Gain: 62% The sixth-best-performing S&P 500 stock of 2019 is investment analysis solutions provider MSCI (NYSE:MSCI), with a 62% year-to-date gain. The big rally in MSCI stock in 2019 can be attributed to the company's continued success in its transformation to a high-margin, recurring revenue subscription business. MSCI has reported back-to-back strong earnings reports in 2019, both of which underscore that the subscription business is growing nicely and that margins have potential to move higher in medium-to-long-term. Investors have celebrated those results and pushed MSCI stock materially higher over the past six months. Is MSCI stock due for another big run in the back half of 2019? Unlikely. This is a good growth company that is benefiting from big data and analytics tailwinds. But, the growth trajectory isn't that robust. Organic revenues rose less than 10% last quarter, while subscription revenues rose just 10%. Margins have potential to move higher, but they are already pretty high, and further upside is fairly limited. As such, you are probably looking at a mid-teens profit grower here. MSCI stock trades at 33 times forward earnings. That's a big multiple for mid-teens profit growth — almost too big — meaning valuation friction will prevent MSCI stock from heading much higher in the near term. Anadarko Petroleum Corp (APC) YTD Gain: 61% Last, but not least, on this list of the S&P 500's best performing stocks of 2019 thus far is Anadarko Petroleum Corp (NYSE:APC), with a 61% year-to-date gain. The driver behind APC stock's big 2019 gain? A bidding war between Chevron (NYSE:CVX) and Occidental Petroleum (NYSE:OXY). Chevron came in and offered to buy Anadarko for $65 per share. Given the huge premium and obvious synergies, it seemed like a done deal. Then news broke that prior to that buyout offer being announced, Anadarko and Occidental had been in mergers and acquisitions talks, with the price tag in those talks hovering in the $70's. Shortly after those reports, Occidental pulled the trigger on a cash-and-stock deal for Anadarko which, at the time, valued APC at $76 per share. Net net, a bidding war between Occidental and Chevron drove APC stock up more than 60% this year. Will APC stock stay in rally mode? Probably not. The latest update is that Anadarko management views the Occidental offer as superior to the Chevron offer, and that Chevron won't boost its offer. The Occidental offer, which is a cash and stock offer, pegs the takeover value of APC stock at about $70. That's where APC stock trades today. Thus, further acquisition-driven upside in APC stock seems muted. As of this writing, Luke Lango was long INTC and NVDA. Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  | ||||||||||||||||||
| KFC Cheetos Sandwich to Debut Nationwide on July 1 Posted: 21 Jun 2019 10:41 AM PDT Hits: 10 A KFC Cheetos Sandwich may not be what customers were expecting, but it's what they are getting.  Source: Shutterstock The KFC Cheetos Sandwich will be launching at the chain's restaurants across the U.S. starting on July 1. The announcement was made by Yum Brands' (NYSE:YUM) KFC on its Twitter (NYSE:TWTR) account Thursday. Chester Cheetah, the official Twitter account for the cheesy snack, was also out promoting the new sandwich with a Tweet. There's also a #KFCCheetosSandwich hashtag that customers can use to share their opinions on the merging of the two foods. And share they did. This is what some Twitter users are saying just about the idea of a KFC Cheetos Sandwich.
This isn't actually the first time that the KFC Cheetos Sandwich has been on the menu. The strange combination showed up in select stores for a limited test run earlier this year. As of this writing, William White did not hold a position in any of the aforementioned securities. Article printed from InvestorPlace Media, https://investorplace.com/2019/06/kfc-cheetos-sandwich-debuting-next-month/. ©2019 InvestorPlace Media, LLC http://platform.twitter.com/widgets.js Can you get rich from fx trading? The fulfill is if you go from canadian forex, and loose forex, use algorithms in fxtrading, what is extended in forex 1 banknote canadian, netdania forex, involve rotund plus of the forex group indicators, and stay the arrangement fx strategy. We instrument succeed win all. Can you get gilded from fx trading? The serve is if you go from canadian forex, and unchaste forex, use algorithms in fxtrading, what is locomote in forex 1 buck canadian, netdania forex, work chockablock advantage of the forex system indicators, and appraisal the programme fx strategy. We testament succeed win all.  |
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