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This basket consists of stocks that benefit from the needs of aging baby boomers.
The Procter & Gamble Company
UnitedHealth Group Incorporated
Royal Caribbean Cruises Ltd.
Service Corporation International
Matthews International Corporation
LifePoint Health, Inc.
Expecting a change in occupancy at the White House soon? These stocks should be right up your alley.
P&G (PG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The big shareholder groups in UnitedHealth Group Incorporated (NYSE:UNH) have power over the company. Institutions...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. We are almost done with the second quarter. Investors decided […]
You don't need any special skill sets to recognize the dire picture for Carnival (NYSE:CCL). Recently, S&P Global Ratings downgraded the cruise ship operator's long-term credit rating by three levels to BB-. This cut comes after Moody's Investors Services rated the company as "junk." Naturally, this leaves CCL stock in quite a predicament.Source: Ruth Peterkin / Shutterstock.com To be fair, the negativity isn't unreasonable. After all, it was the Diamond Princess - which is under the Carnival umbrella - that became the face of the novel coronavirus as it was forcibly quarantined off the coast of Japan. Later, other cruise ships suffered the same fate, bringing a black eye to operators like Royal Caribbean Cruises (NYSE:RCL) and Norwegian Cruise Line (NYSE:NCLH).However, there's a case to be made about deeply embattled investments making a comeback. Certainly, I wouldn't recommend shorting CCL stock. With prices discounted almost ridiculously if you didn't understand the context, they will nevertheless attract at least some contrarians.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn addition, states have pushed toward reopening their economies back to normal capacity. While the record surge in coronavirus cases is a big distraction, bullish investors may argue that the reopening initiatives can't go backwards indefinitely. At a certain point, we've got to get on with our lives. Should enough people embrace this sentiment, CCL stock could recover sooner than expected. * 7 Utilities Stocks to Buy With Reassuring Dividends But will vacationers adopt this philosophy? Of course, anything is possible. However, I personally remain skeptical for these three reasons: PR Nightmare May Not Be Over for CCL StockIf you ever wanted to kill someone, you should abandon whatever plan you have in your mind. Instead, invite your victim to an international cruise. After you've given the target a little bit too much to drink, simply toss (or accidentally bump) that person overboard.Perhaps in most cases, nobody would care.Now, just to be clear, I was being completely facetious about the above, except for one thing: you actually might get away with the heinous deed.Though cruise ship companies sell you fun and glamour on their brochures, they of course leave out the seedy stuff. Typically, unless you were actively looking for such scandalous stories, you probably wouldn't find them. Thanks to the coronavirus, though, everyone is putting this industry under the spotlight.And one of the most disturbing practices is what Captain Kelly Sweeney terms "flags of convenience;" that is, a cruise ship operator could be incorporated in one country and their ships registered in another. Again, when everything is going well, this isn't a big deal. But when something does happen, issues of jurisdiction can get confusing and ugly.I don't have the space to get into it in detail, but this discrepancy contributes to why you see cruise ship workers stranded at sea. With multiple international entities, it's not clear who has responsibility for what or whom.And now that more people know about this glaring controversy, they're less likely to climb aboard. Logically, this is bad news for CCL stock. Cruises Facilitate InfectionsStill, the biggest concern that vacationers have toward the cruise liner industry is unquestionably the health component. Even in the best of times, these big boats are floating Petri dishes. But with a pandemic raging everywhere, you're going to be a little on edge to say the least.Further, I'm not sure how cruise ships will be able to mitigate the spread of infectious diseases. Do a little digging about this industry before the pandemic and you'll come across several stories about disease-stricken ships. In many cases, the disease in question spread rapidly from one person to hundreds seemingly overnight.With close quarters and the presence of ample food and beverages, all it takes is one person to not wash their hands to create a nightmare. And if that nightmare happens to be the coronavirus, passengers can look forward to weeks of quarantine. That risk alone is enough to make you think twice about CCL stock.Also, as Health.com's Leah Growth explains, "Another big issue regarding illnesses on cruise ships is that, once a cruise is complete and one group of passengers exits the vessel, another one almost immediately sets sail." Thus, an outbreak could spread from one crew to multiple groups of passengers, very well causing an international cascade. Will You Pay for New Normal Cruising?In the turmoil surrounding CCL stock and the underlying sector, an unavoidable question exists: will people pay for the new normal of the cruise ship industry?I've only been on a cruise one time in my life. As part of a musical festival at sea, it was a mesmerizing experience, especially for a nerdy high school jazz trumpet player. If I could go back, I'd definitely do it again.Part of what made the voyage memorable was the people. We got to hang out with the other bands, and I socialized with my classmates in a non-academic setting. Not once did I consciously think about washing my hands.I did clean after myself, mind you. But my point is that I didn't consciously think about it. However, I imagine that cruising in the post-pandemic world would be an entirely different paradigm, one that I probably wouldn't enjoy and one that I certainly wouldn't pay for.A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post 3 Reasons to Avoid Climbing Aboard Carnival appeared first on InvestorPlace.
Molina Healthcare (MOH) buys certain assets of YourCare Health Plan to enrich its portfolio and perk up its Medicaid business.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Wall Street opened higher on Thursday, with the Nasdaq hitting an all-time high as data showed the U.S. economy added jobs at a record pace in June, the latest signal of a rebound in business activity following the easing of coronavirus-led lockdowns. Nonfarm payrolls rose by 4.8 million jobs in June, the Labor Department's closely watched monthly employment data showed, the most since the government began keeping records in 1939, although a recent surge in COVID-19 cases has threatened the fledgling recovery.
China's disciplined approach in isolating and treating those infected with the novel coronavirus allowed the country to re-open sooner. The rest of the world is following China's lead. As the world economy restarts, international stocks will fare the best. Its geographic diversity will work in its favor as strong growth in re-opened countries offsets a temporary shutdown in other places.Savvy investors may build a geographically diversified portfolio, but that is not easy. There are currency exchange rate risks to consider. So, buying worldwide conglomerates may pay off in the long-run. Plus, investors get the benefit of spreading out risks.There are seven international stocks to buy as the world economy restarts:InvestorPlace - Stock Market News, Stock Advice & Trading Tips* The Unilever Group (NYSE:UL)* The Procter & Gamble Company (NYSE:PG)* Alibaba (NYSE:BABA)* Coca-Cola Company (NYSE:KO)* Toyota Motor (NYSE:TM)* Kimberly-Clark (NYSE:KMB)* AstraZeneca (NYSE:AZN) * 7 Utilities Stocks to Buy With Reassuring Dividends Together, these international stocks give investors exposure to a wide variety of sectors. Consumer goods, e-commerce, automotive, and drug manufacturing all have their growth potential. Plus, a re-start will accelerate the near-term growth of companies in their respective markets. Unilever Group (UL)Source: Wright Studio/Shutterstock.com First up on this list of international stocks is Unilever. The Unilever Group is in the news after joining other firms in boycotting ad spending on Facebook (NASDAQ:FB) for the rest of the year. This is an unfortunate decision and does signal some risks in holding UL stock. The company reported flat sales growth in the first quarter due to the stay-at-home order. But stockpiling last quarter and the re-opening should lift results.In Q1, Unilever signaled its confidence in its cash flow growth by keeping its dividend levels. As consumers return to stores, Unilever's sales should recover. Still, the company must adjust to the ever-lasting impact of people staying at home. So, instead of relying on ice cream and food that restaurants and cafes buy, the company needs to pivot.Unilever stock has a strong overall rating. As a bonus, the stock offers a good dividend for income investors.Source: Data courtesy of Stock Rover Increasing its focus on laundry detergents, hand sanitizers, and soap products should give profit margins a lift. In the near-term, expect a better entry point approaching. Analysts have a $48.42 price target (according to Tipranks). And if more restaurants are open, Unilever's sales should bounce back in the next quarter. The Procter & Gamble Company (PG)Source: Jonathan Weiss / Shutterstock.com Procter & Gamble's priority of ensuring the health and safety of everyone around the world already makes the company a recession-proof holding. Looking ahead, family demands for maintaining health, hygiene, and cleaning will only grow. The devastating virulence of the coronavirus will only increase such needs.In the first quarter, P&G increased its dividend by 6% to about 79 cents a share. And as consumers choose their brands first, sales will increase as people slowly return to their normal lives. From fiscal 2012 to Fiscal 2016, P&G created $10 billion worth of growth and value. It will repeat that feat from the fiscal year 2017 to 2021.By disrupting the market, the company comes out ahead in a variety of sectors. This includes beauty, grooming, family care, and health care.According to Stock Rover, PG stock is worth $160.53. It scores well on quality.PG Industry S&P 500 Quality Score 87 61 79 Gross Margin 49.90% 38.50% 29.10% Operating Margin 21.90% 18.60% 13.20% Net Margin 7.10% 10.10% 8.70% Data courtesy of Stock Rover * 9 Florida Stocks to Avoid as Coronavirus Rates Spike Expect P&G to expand its operating margin as the economic rebound unfolds. Its net margin could exceed that of the industry next. Alibaba (BABA)Source: Colin Hui / Shutterstock.com Alibaba still trades at a discount. The strong growth in e-commerce every quarter suggests that markets continue to underestimate their potential. With China leading the economy's reopening, Alibaba's digital economy business will expand. In the fourth quarter, Alibaba's digital economy gross merchant volume exceeded $1 trillion (slide 3). It now has 960 million global annual active customers (AAC).Investors may forecast Alibaba's revenue growing by at least 17% or higher in the next five years annually. With the following input, Alibaba stock has a fair value of $265.42.Source: Data courtesy of finbox At 780 million China and 180 million international AAC, Alibaba is in a strong position to grow its market share. Plus, consumers will spend more time buying things online. Furthermore, the e-commerce giant has a chance to increase its food and grocery business as customers grow accustomed to buying these goods online.In the cloud computing space, Alibaba Cloud continues to benefit from the increasing demand for video content consumption. Remote working and learning also lifted demand.At a price-to-earnings (P/E) below 30 times, BABA stock has an excellent growth profile against its deep value. Coca-Cola Company (KO)Source: Fotazdymak / Shutterstock.com Just as Unilever cut its ad spending, Coca-Cola said it would do the same. The pop drink supplier is pausing all social media ad spending for July. Again, this suggests that the company's revenue growth is slowing and that its ads are not effective in reversing that decline.KO stock lost nearly one-third of its value in the last five years:Chart courtesy of Stock RoverAccording to Tipranks, analysts have a $51.40 price target. At an 8% discount rate, a 5-year discounted cash flow model would arrive at a similar fair value.Source: Data courtesy of finbox The economy's restart should put KO stock in firmer territory as it cuts unnecessary spending. And as sales recover, profits will expand at a better pace than ever. Collectively, beverage companies "spent over a billion dollars to advertise sugary drinks and energy drinks in 2018." So, strong brand recognition should lead to continued double-digit sales of Coca-Cola products despite the ad spending freeze. * 10 Value Stocks to Keep on Your Short List At a price-to-earnings below 20 times, Coca-Cola shares are too cheap to ignore, especially as international markets reopen. Toyota Motor (TM)Source: josefkubes / Shutterstock.com Automotive companies faced slumping sales at the height of the pandemic-driven lockdown. The easing should lead to a rebound in sales. International stocks like Toyota Motor not only trade at favorable valuations of around 10 times earnings, but have a good performance record.Toyota makes reliable cars that require minimal maintenance. Those who have to go to work and want to avoid public transportation will want to buy a Toyota.Still, Toyota's sales rebound will not happen until after July at the earliest. The company forecasts a 10% drop in production volume in July. This is a solid improvement from the 40% decrease in June. As global demand recovers, domestic production will bounce back. Toyota forecasts sales will recover to last year's levels by the end of 2020. Kimberly-Clark (KMB)Source: Trong Nguyen / Shutterstock.com In a long-term trading range of $130 - $145, Kimberly-Clark stock is ready to break out to the upside. In the first quarter, the company posted non-GAAP earnings of $2.13 a share. Revenue grew 8.2% from last year.KMB stock held up well because of the crazed demand for toilet paper in the last quarter. Looking ahead, the company has a few priorities that will sustain its growth. In addition to protecting the health and safety of its employees and customers, it will manage its global supply chain and manage the business for volatility.For instance, CEO Mike Hsu said: "Like other companies, we haven't significantly pared back our SKU count, and that we've done that in partnership with our customers, who have been very supportive along that journey. And that has increased our theoretical capacity because we have fewer changeovers and less complexity in the plants." * 5 Penny Stocks Under $10 to Buy in June By running efficiently, KMB shares could bounce higher as demand patterns recover in places like Asia, Korea, Australia, and New Zealand. AstraZeneca (AZN)Source: Shutterstock Last on this list of international stocks is AstraZeneca. AstraZeneca is not only an international stock idea but it is also a coronavirus vaccine play. The company signed a $127 million deal to produce an experimental vaccine for the Brazilian government. The country will receive material to produce 30.4 million doses later this year. The deal will bring 100 million vaccines. This accounts for nearly half of Brazil's residents. AstraZeneca will transfer the technology if the vaccine works.Brazil is one of the hardest-hit countries of the virus and has more than a million confirmed cases.The company's AZD1222 vaccine is a co-development with the University of Oxford. Italy's pharma giant, Catalent, will manufacture the drug starting in August 2020.AstraZeneca shared its data on three cancer studies. Tagrisso, which treats adjuvant lung cancer, is in Phase III. Imfinzi is in Phase III and treats extensive-stage small cell lung cancer. And Enhertu is in Phase II trials in gastric, lung, and colorectal cancers.On Stock Rover, AZN stock has an 87/100 score on quality. Its gross margin is 49.9% and may potentially rise as the economy re-opens.As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post 7 International Stocks to Buy as the World Economy Restarts appeared first on InvestorPlace.
Wall Street was set to open higher on Thursday as data showed the U.S. economy added jobs at a record pace in June, the latest signal of a rebound in business activity following the easing of coronavirus-led lockdowns. Nonfarm payrolls rose by 4.8 million jobs in June, the Labor Department's closely watched monthly employment data showed, the most since the government began keeping records in 1939, although a recent surge in COVID-19 cases has threatened the fledgling recovery. Optimism about a post-pandemic rebound in business activity, aggressive U.S. stimulus and hopes of a COVID-19 vaccine have fueled a Wall Street rally since April, with the Nasdaq notching up its sixth record closing high since early June on Wednesday.
The Procter & Gamble Company (NYSE:PG) will webcast a discussion of its fourth quarter earnings results on Thursday, July 30, 2020 beginning at 8:30 a.m. ET.
ESG policies and practices yielded positive outcomes during the coronavirus slump. Also, millennials-driven sustainable investing trend will continue post-pandemic.
UnitedHealth Group (NYSE: UNH) will release its second quarter 2020 financial results on Wednesday, July 15, 2020, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. This call will be webcast on the Investor Relations page of the company’s web site (www.unitedhealthgroup.com). The replay will be available through July 29 on the web site or by dialing 1-800-688-7339.
Royal Caribbean (RCL) closed the most recent trading day at $50.83, moving +1.05% from the previous trading session.
Invacare Corporation (NYSE:IVC)(the "Company"), a leading manufacturer and distributor of medical equipment used in non-acute care settings, today announced that Matthew E. Monaghan, chairman, president and chief executive officer will present at the 20th Annual New Ideas Summer Conference on Tuesday, July 14, 2020. In addition, the Company will be available to host 1x1 investor meetings.
The Dow Jones Industrial Average is trading up Wednesday afternoon with shares of Pfizer and Walt Disney seeing positive growth for the price-weighted average. Shares of Pfizer (PFE) and Walt Disney (DIS) have contributed to the index's intraday rally, as the Dow (DJIA) is trading 29 points, or 0.1%, higher. Pfizer's shares are up $1.40, or 4.3%, while those of Walt Disney are up $1.87, or 1.7%, combining for a roughly 22-point bump for the Dow.
Following an official extension of the suspension of cruise operations from U.S. ports, Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and Royal Caribbean Cruises Ltd (NYSE: RCL) have halted nearly all cruises through September against expectations of an August resumption, according to BofA Securities.The Cruise Lines Analyst BofA's Andrew Didora updated the estimates to reflect a phased-in recovery beginning in October. The analyst also rolled forward the price targets for cruise lines to 2022 estimates. * Didora maintained a Neutral rating on Norwegian Cruise Line Holdings with a price target lifted from $12.50 to $19. * Didora reiterated an Underperform rating on Royal Caribbean Cruises and raised the price target from $23 to $40.The Cruise Lines Thesis Capacity for cruise lines is likely to remain at just 20% of fourth-quarter 2019 levels and may recover to only 75% in 2021, Didora said in a Wednesday note. (See his track record here.)The analyst lowered 2020 earnings estimates: * From a loss of $7.12 per share to a loss of $7.39 per share for Norwegian Cruise Line Holdings. * From a loss of $14.18 per share to a loss of $15.29 per share for Royal Caribbean Cruises. With the cruise industry not generating any revenue for six months this year, 2021 could be a transition year "as capacity and revenues likely ramp back up slowly throughout the year," the analyst said. NCLH, RCL Price Action Shares of both Norwegian Cruise Line were up 0.19% at $16.45 at the time of publication, while Royal Caribbean shares were higher by 1.01% at $50.82. Related Links: Cruise Stocks Fall After Halting Trips From US PortsCarnival Is Staying Afloat Through 2020, BofA Says After Cruise Line's Preliminary Q2 ReportLatest Ratings for NCLH DateFirmActionFromTo Jun 2020BarclaysDowngradesOverweightEqual-Weight Jun 2020RedburnDowngradesBuyNeutral Jun 2020Morgan StanleyReinstatesUnderweight View More Analyst Ratings for NCLH View the Latest Analyst RatingsSee more from Benzinga * BofA Downgrades iHeartMedia On Lower Visibility, Advertising, Event Headwinds * BofA Raises PG&E Target On Potential Debt Paydown * Cantor Raises Trulieve Cannabis Price Target On Latest Florida Numbers(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
"Our approach has been to not to make public declarations of where we stand with individual partners," a P&G spokesman said. "We are not changing that approach, so you shouldn't expect to hear more from us on Facebook, or any other advertising platform." P&G was the number one advertiser on Facebook in the United States in June, according to Pathmatics data, and the industry has been watching for the consumer goods company's response as the "Stop Hate for Profit" ad boycott campaign against Facebook gains momentum.
The S&P 500 and Nasdaq rose on Wednesday as rising hopes of a COVID-19 vaccine offset fears of another round of lockdowns following a record surge in coronavirus cases in the United States. A COVID-19 vaccine developed by Pfizer Inc and German biotech firm BioNTech showed promise and was found to be well tolerated in early-stage human trial, the companies said.
UnitedHealth (UNH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Imagine co-founder and former long-time Unilever CEO Paul Polman speaks out on Facebook's recent actions.
"Our approach has been to not to make public declarations of where we stand with individual partners," a P&G spokesman said. P&G is the number one advertiser on Facebook according to Pathmatics data, and the industry has been watching for the consumer goods company's response as the "Stop Hate for Profit" ad boycott campaign has grown against Facebook.