Best China Stocks To Own For 2019

Slammed by a political standoff with China earlier this year, South Korea’s biggest cosmetics maker is trying to build new markets in Asia by launching products that appeal to Muslim customers.

Amorepacific Group’s travel retail sales fell by 40% in the quarter that ended in June, when Chinese tourists were unofficially barred from visiting South Korea during a dispute over a missile defense system.

The slump underscored just how much the conglomerate was leaning on China, which accounted for 90% of its overseas revenue last year.

The group, which owns top makeup brands such as Laneige, Sulwhasoo and Innisfree, is now planning to expand beyond its immediate neighborhood with the aim of tripling sales in Southeast Asia by 2020.

That means taking account of the region’s cultural and ethnic differences, including catering to Muslim women in countries such as Indonesia, Malaysia and Thailand.

“We are adding a lot more diversity,” Jennifer Rho, Amorepacific’s senior vice president of group strategy, told CNNMoney. That includes expanding the product range with makeup more suited to darker skin tones and the cultural nuances of Islam.

Best China Stocks To Own For 2019: Lakeland Bancorp Inc.(LBAI)

Advisors’ Opinion:

  • [By Shane Hupp]

    Lakeland Bancorp, Inc. (NASDAQ:LBAI) – Equities research analysts at FIG Partners lifted their Q4 2020 earnings per share (EPS) estimates for Lakeland Bancorp in a report released on Tuesday, January 29th. FIG Partners analyst D. Bishop now forecasts that the financial services provider will earn $0.40 per share for the quarter, up from their prior forecast of $0.39. FIG Partners has a “Outperform” rating and a $20.00 price target on the stock.

Best China Stocks To Own For 2019: International Business Machines Corporation(IBM)

Advisors’ Opinion:

  • [By Leo Sun]

    Investors often consider Cisco (NASDAQ:CSCO) and IBM (NYSE:IBM) to be mature tech stocks that are owned more for stability and income than for growth. Yet over the past 12 months, Cisco’s stock surged nearly 50% as IBM advanced just 1%. Let’s see why investors were excited about Cisco but less thrilled about Big Blue’s prospects — and whether or not that trend will continue.

  • [By Money Morning News Team]

    Plus, this ETF gives you exposure to IBM Corp. (NYSE: IBM), Netflix Inc. (Nasdaq: NFLX), Alphabet Inc. (Nasdaq: GOOGL), and Apple Inc. (Nasdaq: AAPL).

  • [By Paul Ausick]

    A startup cryptocurrency platform named Stronghold is getting some big-time help launching a new stablecoin from International Business Machines Corp. (NYSE: IBM). The Stronghold USD is a U.S.-dollar-backed token that is also FDIC-insured by a New York commercial bank.

  • [By Leo Sun]

    Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM) are both considered “mature” tech stocks, yet the former outperformed the latter by a significant margin over the past 12 months: Microsoft rallied more than 40%, while IBM slid about 6%.

  • [By Chris Neiger, Nicholas Rossolillo, and Rich Duprey]

    Chris Neiger (IBM): Investors who are looking for a stock that has a strong dividend, with decades of annual increases, and that’s trading at a discount may want to consider IBM. The tech company pays its shareholders a dividend yield of 3.8% right now, it has a solid 22-year track record of raising it, and its shares trade at just 10.5 times the company’s forward earnings.

Best China Stocks To Own For 2019: Estee Lauder Companies, Inc. (EL)

Advisors’ Opinion:

  • [By Logan Wallace]

    Estée Lauder Companies (NYSE:EL) had its target price cut by Stifel Nicolaus from $160.00 to $150.00 in a report released on Thursday morning. They currently have a buy rating on the stock.

  • [By Shane Hupp]

    Estee Lauder Companies Inc (NYSE:EL) announced a quarterly dividend on Monday, August 20th, RTT News reports. Shareholders of record on Friday, August 31st will be given a dividend of 0.38 per share on Monday, September 17th. This represents a $1.52 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Thursday, August 30th.

  • [By Ethan Ryder]

    Estée Lauder Companies (NYSE:EL)‘s stock had its “buy” rating reiterated by Wells Fargo in a note issued to investors on Monday. They currently have a $168.00 price objective on the stock. Wells Fargo’s target price points to a potential upside of 13.61% from the company’s previous close.

  • [By Logan Wallace]

    State of Tennessee Treasury Department cut its holdings in shares of Estee Lauder Companies Inc (NYSE:EL) by 10.5% during the first quarter, HoldingsChannel.com reports. The firm owned 486,502 shares of the company’s stock after selling 56,883 shares during the quarter. State of Tennessee Treasury Department’s holdings in Estee Lauder Companies were worth $72,839,000 at the end of the most recent quarter.

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