With interest rates on the rise — and expected to climb even higher— plain-old cash is looking more alluring to savers and conservative investors.
A savings account stashed with cash was the place to be for people who wanted to sleep at night during the 2008 financial crisis. Its value held steady while the stock market crashed — losing more than half its value — and home prices collapsed.
But it quickly fell out of favor when the Federal Reserve cut interest rates to zero to make borrowing cheaper and revive the U.S. economy. While pushing rates to historic lows gave stocks, real estate and other risky assets a steroid-like performance boost, it amounted to a death sentence for cash and certificates of deposit.
The reason: It caused the interest payouts on cash to virtually disappear, hurting savers, conservative investors and retirees who relied on income from their savings.
Best Cheap Stocks To Own For 2019: Wendy’s/Arby’s Group Inc.(WEN)
Advisors’ Opinion:
- [By Leo Sun]
However, the fast casual market became increasingly crowded with rival chains like Panera Bread and Chipotle, and Zoe’s got squeezed between traditional dine-in restaurants like Darden’s Olive Garden and evolving fast food players like Wendy’s (NASDAQ:WEN) and McDonald’s (NYSE:MCD).
- [By Stephan Byrd]
Wendys (NASDAQ: WEN) and Empire Resorts (NASDAQ:NYNY) are both retail/wholesale companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.
- [By Rich Duprey]
Buyout speculation gained momentum last week after The Wall Street Journal — citing anonymous “people familiar with the matter” — said Nelson Peltz and his Trian Fund Management hedge fund were contemplating a takeover offer for Papa John’s. Peltz also arranged a meeting between Schnatter and the management of burger joint Wendy’s (NASDAQ:WEN) in late June to discuss a possible deal, according to WSJ. However, Wendy’s backed away after the last Schnatter brouhaha.
Best Cheap Stocks To Own For 2019: Express-1 Expedited Solutions Inc.(XPO)
Advisors’ Opinion:
- [By Rich Duprey, Nicholas Rossolillo, and Maxx Chatsko]
Yet finding the best stocks to buy and hold isn’t easy. So to help get you started, we asked three Foolish investors to pick a growth stock that they believe investors would be wise to buy now and hold for the long term. Read on to learn why they like SunPower (NASDAQ:SPWR), salesforce.com (NYSE:CRM), and XPO Logistics (NYSE:XPO).
- [By ]
In the Lightning Round, Cramer was bullish on Paychex (PAYX) , Martin Marietta Materials (MLM) and XPO Logistics (XPO) .
Cramer was bearish on 3M (MMM) , Fitbit (FIT) and Granite Construction (GVA) .
- [By Stephan Byrd]
Highland Capital Management LP boosted its holdings in shares of XPO Logistics Inc (NYSE:XPO) by 14.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 223,249 shares of the transportation company’s stock after buying an additional 27,400 shares during the period. XPO Logistics makes up about 1.2% of Highland Capital Management LP’s portfolio, making the stock its 16th largest position. Highland Capital Management LP’s holdings in XPO Logistics were worth $22,729,000 at the end of the most recent quarter.
- [By Logan Wallace]
XPO Logistics (NYSE:XPO)‘s stock had its “buy” rating reissued by research analysts at Bank of America in a research note issued on Friday. They presently have a $105.00 target price on the transportation company’s stock. Bank of America’s price objective would indicate a potential upside of 4.86% from the stock’s previous close.
Best Cheap Stocks To Own For 2019: S&P Smallcap 600(PH)
Advisors’ Opinion:
- [By Ethan Ryder]
Parker-Hannifin (NYSE:PH) had its price target boosted by Wells Fargo & Co from $185.00 to $193.00 in a research note released on Thursday, The Fly reports. Wells Fargo & Co currently has a market perform rating on the industrial products company’s stock.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Parker-Hannifin (PH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Commerzbank Aktiengesellschaft FI increased its holdings in shares of Parker-Hannifin Corp (NYSE:PH) by 9.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,709 shares of the industrial products company’s stock after acquiring an additional 3,348 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Parker-Hannifin were worth $5,624,000 at the end of the most recent reporting period.
- [By Shane Hupp]
Barings LLC decreased its holdings in Parker Hannifin (NYSE:PH) by 36.4% in the first quarter, HoldingsChannel reports. The firm owned 26,064 shares of the industrial products company’s stock after selling 14,937 shares during the period. Barings LLC’s holdings in Parker Hannifin were worth $4,458,000 as of its most recent SEC filing.
- [By Logan Wallace]
Investment analysts at Barclays started coverage on shares of Parker-Hannifin (NYSE:PH) in a report issued on Thursday, MarketBeat reports. The firm set an “overweight” rating and a $200.00 price target on the industrial products company’s stock. Barclays’ price target indicates a potential upside of 12.54% from the stock’s current price.
- [By Max Byerly]
Barings LLC decreased its holdings in Parker Hannifin (NYSE:PH) by 36.4% in the first quarter, HoldingsChannel reports. The firm owned 26,064 shares of the industrial products company’s stock after selling 14,937 shares during the period. Barings LLC’s holdings in Parker Hannifin were worth $4,458,000 as of its most recent SEC filing.
Best Cheap Stocks To Own For 2019: USG Corporation(USG)
Advisors’ Opinion:
- [By Max Byerly]
Get a free copy of the Zacks research report on USG (USG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Jason Hall, George Budwell, and Chuck Saletta]
And while it may not always work out well to simply copy the moves other investors make, it can pay off to use their buying and selling moves as jumping-off points in your own research. We asked three real-world investors for their insight, and they wrote about two recent Buffett buys of Apple Inc. (NASDAQ:AAPL) and USG Corporation (NYSE:USG), and a recent Baker Brothers buy of Heron Therapeutics Inc (NASDAQ:HRTX).
- [By Jordan Wathen]
As USG Corporation (NYSE:USG) drags its feet on an offer to sell the company for $42 per share, Berkshire intends to use its 30.8% ownership stake to motivate its top brass to make a deal. Berkshire told Bloomberg it intends to vote its shares against USG’s board members who are up for re-election at this year’s annual meeting, a clear message that Buffett is ready to cash in, even if USG’s management and board are not.
- [By Dan Caplinger]
Warren Buffett likes to hold his stock positions for the long run, and his experience with USG (NYSE:USG) has been typical of his other long-term investments. The Oracle of Omaha started buying shares of the manufacturer of Sheetrock drywall and other building materials back in 2000, accumulating a sizable stake that has ballooned to more than 30% of the company. USG ended up going through bankruptcy in order to get a handle on its asbestos liability claims, but thanks largely to Buffett’s involvement, the building materials company not only survived bankruptcy but also saw share prices soar briefly on hopes that USG would once again fully participate in the then-strong housing boom.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on USG (USG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
ValuEngine upgraded shares of USG (NYSE:USG) from a buy rating to a strong-buy rating in a report published on Tuesday.
A number of other research analysts have also recently weighed in on the stock. Credit Suisse Group upgraded shares of USG from an underperform rating to a neutral rating and dropped their target price for the company from $35.00 to $24.00 in a research note on Friday, April 27th. Jefferies Group reiterated a hold rating and issued a $40.00 target price on shares of USG in a research note on Monday, April 23rd. SunTrust Banks boosted their target price on shares of USG from $42.00 to $44.00 and gave the company a hold rating in a research note on Tuesday, April 17th. Buckingham Research boosted their target price on shares of USG from $34.00 to $42.00 and gave the company a neutral rating in a research note on Monday, April 16th. Finally, Nomura boosted their target price on shares of USG from $39.00 to $44.00 and gave the company a neutral rating in a research note on Tuesday, March 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $39.00.
