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New Family Economy

New Family Economy

2.23k followers14 symbols Watchlist by Yahoo Finance

This basket consists of stocks with companies that benefit from new families.

Curated by Yahoo Finance

Background

Last year, births in the US were up for the first time in seven years, and the fast-growing demographic of millennials are starting to get to the age where they’re thinking of starting a family. The companies on this watchlist provide services and products that a growing family needs, like cars, diapers and home goods.

How did we choose these stocks?

Each of these stocks was chosen by the Yahoo Finance editorial staff.

Who made these selections?

Yahoo Finance is the most-read business website in the US, garnering roughly 75 million unique visitors every month. The site has extensive coverage of the markets, travel, technology and general business.

How are these weighted?

The stocks in this watchlist are weighted equally.

Performance

WatchlistChange today1-month return1-year returnTotal return
New Family Economy+1.35%+10.30%-18.52%-3.63%
^GSPC+1.05%-3.37%+10.82%+3465.13%

14 symbols

SymbolCompany nameLast priceChange% changeMarket timeVolumeAvg vol (3-month)Market cap
PGThe Procter & Gamble Company137.96+1.25+0.91%4:02 pm GMT-44.58M6.45M343.47B
HDThe Home Depot, Inc.273.31+0.96+0.35%4:00 pm GMT-42.91M3.51M294.21B
VZVerizon Communications Inc.59.82+0.21+0.35%4:00 pm GMT-410.81M14.23M247.54B
COSTCostco Wholesale Corporation344.45+4.88+1.44%4:00 pm GMT-42.13M2.09M152.08B
LOWLowe's Companies, Inc.161.55+1.95+1.22%4:02 pm GMT-43.30M3.97M122.09B
GMGeneral Motors Company29.44-0.56-1.87%4:00 pm GMT-410.97M14.76M42.13B
GISGeneral Mills, Inc.57.99+0.12+0.21%4:00 pm GMT-43.65M3.34M35.43B
FFord Motor Company6.78-0.09-1.31%4:02 pm GMT-455.26M65.74M26.97B
NWLNewell Brands Inc.17.22+0.13+0.76%4:00 pm GMT-41.79M3.21M7.31B
WSMWilliams-Sonoma, Inc.87.88+1.77+2.06%4:00 pm GMT-4671.88k1.15M6.84B
TPXTempur Sealy International, Inc.86.97+0.21+0.24%4:00 pm GMT-4362.87k592.59k4.48B
KBHKB Home40.5+1.57+4.03%4:04 pm GMT-43.23M1.78M3.96B
BBBYBed Bath & Beyond Inc.13.905+1.53+12.36%4:00 pm GMT-420.14M10.00M1.75B
  • GlobeNewswire

    The New Digital Workplace - Overcoming the Limits of Time and Place

    New research examines the impact of COVID-19 on the digital workplace and how technology will enable new ways of workingKey findings include: * 86 percent of global companies believe the digital workplace will coexist with the physical workspace post COVID-19 * 78 percent expect to increase remote working * 41 percent expect to implement 5G within two years * 35 percent see security as a potential barrier to digital workBASKING RIDGE, N.J., Sept. 23, 2020 (GLOBE NEWSWIRE) -- The ongoing global pandemic has put employee welfare under the microscope, as many businesses have had to embrace remote working as business as unusual. Companies have had to quickly spin up new digital workplaces where remote employees both have the right tools to communicate and collaborate, but also feel supported in order to maintain productivity.A new report from Verizon Business, “Recreating Work as a Blend of Virtual and Physical Experiences,” examines the impact of the recent rise in remote working and discusses key areas business leaders should focus on as they help their organization adapt to new ways of working moving forward. The report, carried out in conjunction with Harvard Business Review Analytic Services, is based on feedback from 1,080 global business leaders, and was conducted in May 2020.“The global pandemic accelerated this move to a digital working environment and business leaders need to use the lessons of the present to future-ready their organizations,” comments Sampath Sowmyanarayan, President of Global Enterprise, Verizon Business. “Seeing how their network, security and employee collaboration systems have operated during the pandemic should provide the blueprint for the road ahead. By acting now, they can capture the needs of employees and customers and create alignment across the organization as they pivot toward the new normal.”Successful experiences for future working86 percent of the companies surveyed see the digital workplace co-existing with the physical workspace in the future, with 78 percent expecting to increase the amount of remote work conducted. This increase doesn’t mean everyone will work from home in the future. Rather, organizations will be able to pick and choose which types of work and which people will require a physical presence, and where the company can gain efficiencies and productivity with virtual work.This new insight has resulted from successful experiences obtained during the initial period of the pandemic. Sixty-one percent of business leaders reported that the quality of remote work was on par as that conducted in the physical workplace. The benefits of remote working also shone through, with 52 percent experiencing improved collaboration; 57 percent seeing a boost in business agility and nearly half witnessing an increase in productivity (44 percent).Many businesses benefited from the use of collaboration technologies to maintain productivity with videoconferencing topping the list (98 percent) with other tools such as file sharing (97 percent), instant messaging/chat (95 percent), other collaboration methods (e.g., Slack or Teams – 88 percent) and cloud-based collaboration (85 percent) all also being referenced. In addition, the use of online interactive training to keep employees engaged in their own personal development was key (85 percent).Using technology to enable a differenceThe report also highlights that businesses that have a digital workplace strategy are consistently more likely to see greater returns from their investments than those that don’t. For instance, 52 percent saw increased productivity versus only 40 percent of those without such a strategy. In order to achieve these results, businesses need to go beyond a mere work-at-home policy to define the purpose and goals of the program, the approach the organization will take, and how they will measure success. The use of technology is a key differentiator in this strategy.The potential of 5G technology was seen as going beyond basic operational improvements to provide more transformative changes, with one fifth (20 percent) of respondents saying that it will enable them to do work they have never been able to do before. Twenty-eight percent believe it will enable new business models to be explored, adding more value to their business proposition. Forty-one percent of those surveyed expected 5G to become a reality for their own organization within two years, opening the door to applications that employ higher-quality/lower-latency video and augmented or virtual reality (AR/VR).Not surprisingly, security was flagged as a potential barrier which may slow digital work momentum (35 percent). However, 86 percent of respondents stated the importance of addressing data security to get the most value from their digital investments in the future.Three key focus areas for successful digital workThe report focuses on three key focus areas for maximizing digital work strategies in the future: * Working smarter: COVID-19 has forced widespread use of video and web conferencing. Smart organizations are increasing efficiency by integrating these with collaboration tools such as document sharing, white boarding, and annotation to let employees collaborate remotely in real-time, spend less time in meetings, and turn discussions into assignments. * Prioritizing simplicity and integration: To ensure a cohesive, productive digital work environment, tools should be easy to use and integrate seamlessly with other workplace productivity and collaboration tools. This provides employees with a single, app-like experience across the tools they use every day. * Keep security top of mind: Potential security gaps exist on employee PCs, devices, home networks, and apps, representing a growing threat with the shift to remote work. Enterprise-grade security enables businesses to identify and protect against fraud, and ensure that private calls and meetings remain private. Companies should also consider implementing end-user security awareness training, acceptable use policies that mitigate user exposure to threats, and new security policies for remote working such as two-factor authentication. More insight available onlineA replay of a recent webcast hosted by Abbie Lundberg, contributing editor to Harvard Business Review Analytic Services with Sampath Sowmyanarayan, President of Verizon Global Enterprise at Verizon Business and Melanie Frank, Vice President of PowerUp Technology at Capital One is available. The complete report, “Recreating Work as a Blend of Virtual and Physical Experiences”, and an executive summary may also be found online and contain valuable insights from leading companies such as CapitalOne, IBM GBS and Korn Ferry.More information on how Verizon Business can help organizations expand their digital workplace tools and capabilities can be located here.Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers data, video and voice services and solutions on its award winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.Media contact: Clare Ward clare.ward@uk.verizon.com +44 (0) 118 905 3501

  • Tesla’s Battery Day Letdown Puts $320 Billion Stock Gain at Risk
    Bloomberg

    Tesla’s Battery Day Letdown Puts $320 Billion Stock Gain at Risk

    (Bloomberg) -- Tesla Inc.’s highly anticipated “Battery Day” fell short of expectations that helped fuel its $320 billion surge in market value this year, with Elon Musk outlining grandiose goals that will take time to pull off.The chief executive officer laid out a plan Tuesday to build a $25,000 car and cut battery costs in half over the next three years. While the technology and manufacturing breakthroughs outlined were impressive, Robert W. Baird’s Ben Kallo wrote, Tesla’s valuation already reflected its ability to disrupt.“With the Battery Day in the rearview, we think there is a lack of upcoming catalysts and are cautious about demand given the recessionary environment,” Kallo wrote in a report naming Tesla a bearish “fresh pick.”Tesla shares slumped as much as 6.9% to $395 before the start of regular trading. The stock has soared more than 400% this year.Musk, 49, said Tesla wants to eventually produce 20 million cars a year. He described a series of innovations that include using dry-electrode technology and making the battery a structural element of the car. Those incremental and longer-term advances belied expectations for a blockbuster leap forward, which Musk himself played up in the weeks leading up to the event.“The challenge with the stock is that everything they are talking about is three years away,” said Gene Munster, managing director of Loup Ventures. “I think traditional auto is in an even tighter spot, but Tesla investors want this tomorrow.”Vertical-integration improvements -- from making its own battery cells on a pilot line at its factory in Fremont, California, to owning rights to a lithium clay deposit in Nevada -- are designed to allow Tesla to cut costs and offer a cheap car as soon as 2023.“This has always been our dream from the very beginning,” Musk said at the event showcasing Tesla’s battery technology. “In about three years from now, we are confident we can make a compelling $25,000 electric vehicle that is also fully autonomous.”Halving Battery CostsMusk, 49, is teasing prospects for a cheaper mystery model without ever having really delivered on the $35,000 price point he had long promised for the Model 3. Three years after Tesla started taking orders for the car in early 2016, the CEO announced plans to close most of Tesla’s stores as a cost-saving measure, allowing him to offer the car at that cost. He backtracked 10 days later, and the cheapest Model 3 available now is $37,990.Making a truly mass-market electric car and boosting Tesla’s current annual production to 20 million cars will require vastly more batteries than are currently being produced from a handful of suppliers around the world. So Musk plans to expand global capacity by manufacturing battery cells in-house to supplement what it can buy.“Today’s batteries can’t scale fast enough,” said Musk, who is driven in part by the need to find sustainable energy sources. “There’s a clear path to success but a ton of work to do.” Musk said the gasoline-powered internal-combustion engine will one day be obsolete.Musk described an “incredible series of innovations with varying levels of difficulty,” said Venkat Viswanathan, a battery expert at Carnegie Mellon University. While battery-manufacturing advances are feasible and deliverable in the three-year time frame, Viswanathan thinks that chemistry developments will take a longer.If the planned innovations pay off, vehicle range could increase 54%, cost could decrease 56% and investment in gigafactories could decline 69%, said Andrew Baglino, Tesla’s senior vice president for powertrain and energy engineering.BloombergNEF estimates Tesla’s pack prices were $128/kWh in 2019. A 56% cost reduction would bring prices down to $56/kWh. In addition to the pilot line for battery-cell production in Fremont, and Musk said the company also will make cells at the factory that is under construction in Berlin.Battery Cell ‘Leap’Most global automakers have shied away from making their own battery cells, citing the high investment costs and their lack of expertise in an industry dominated mostly by Asian electronics manufactures such as Panasonic Corp. and LG Chem Ltd.Musk said in a tweet Monday that Tesla will need to start producing its own battery cells to support its various products, even as it ramps up purchases from outside suppliers. He wrote that the company expects significant shortages of cells in 2022 and beyond unless it ramps up output of its own.“I’m really surprised that they’re taking that leap themselves,” said Tony Posawatz, a consultant who led development of General Motors Co.’s plug-in hybrid Chevrolet Volt and now sits on the board of Lucid Motors Inc., a Tesla rival. “I think this is going to be a bit harder than what they think, and I don’t think we’ll see a lot of volume out of that for quite some time.”Tesla’s most important and long-standing partner on batteries is Osaka-based Panasonic, but it also has smaller-scale agreements with Contemporary Amperex Technology Co., or CATL, in China’s Fujian province and South Korea’s LG Chem.Read more: LG Chem, Panasonic Slide as Tesla Looks to Lower Battery CostsThe highly technical Battery Day presentation included several nuggets of news that were overshadowed by the talk of cathodes and electrolytes. One example: The “Plaid” version of the Model S sedan -- with a range of 520 miles -- is now available to order, though the vehicle isn’t expected to go on sales until late 2021.Tuesday’s three-hour event began with the annual shareholder meeting, held outside to allow for social distancing. Shareholders sat in Tesla cars in a parking lot, beeping loudly instead of cheering as Musk spoke.Investors voted to re-elect Musk and chairman Robyn Denholm to the board and voted against resolutions that would have required more transparency about human rights in the supply chain and the use of arbitration with employees. One shareholder resolution, which requires Tesla to adopt a simple majority vote, did pass.Musk told shareholders he expects to see deliveries grow on the order of 30% to 40% this year, reaffirming Tesla’s forecast at a time when automakers are struggling to recover from the coronavirus pandemic. “While the rest of the industry has gone down, Tesla has gone up,” he said.Tesla has said it anticipates delivering 500,000 vehicles in 2020, up about 36% from 2019. In July, the electric-car maker said achieving that goal would be “more difficult” due to a pandemic-related production shutdown early in the year. Global sales are projected to drop about 17% this year to 75 million from 90 million last year, according to research firm LMC Automotive.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.