Equity investors in China are taking a flyer on a strategy that hasn’t worked in years, speculating small caps will soar on the country’s sweeping plans to invigorate its fastest-growing firms.
China’s three most popular exchange-traded funds in 2018 all track smaller stocks, luring some $3 billion in net new assets, data compiled by Bloomberg show. While that’s a tiny slice of the nation’s $7.4 trillion equity market, it’s nearly 60 percent of all the cash that’s gone into stock funds trading in Shanghai or Shenzhen, according to the data.
Small caps have borne the brunt of China’s deleveraging campaign since the 2015 stock bubble burst on concern they would struggle to cope with soaring funding costs. Though the ChiNext is once again down for the year, it’s holding up better than a gauge tracking blue chips, a small win after it largely missed out on a two-year global bull market.
“China’s push to encourage domestic listings of unicorn companies has triggered interest in small caps,” said Patrick Dai, head of A-share research at Macquarie Commodities and Global Markets Group in Shanghai. “Investors are positioning for a potential rally in new-economy sectors because those listings would boost market sentiment.”
Hot Blue Chip Stocks To Own Right Now: Dover Corporation(DOV)
- [By Stephan Byrd]
Dover (NYSE:DOV) had its target price reduced by Barclays from $94.00 to $88.00 in a research report report published on Monday morning. They currently have an overweight rating on the industrial products company’s stock.
- [By Stephan Byrd]
Dover (NYSE: DOV) and Apergy (NYSE:APY) are both industrial products companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, analyst recommendations, profitability and earnings.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Dover Corp. (NYSE: DOV) which traded down about 18% at $76.68. The stocks 52-week range is $75.88 to $109.06. Volume was 3.7 million compared to the daily average volume of 1.6 million.
- [By Neha Chamaria]
In terms of dividend growth, only four of the above stocks — 3M, Colgate-Palmolive, Coca-Cola, and Procter & Gamble — feature among the 10 fastest dividend-growth kings. In other words, there are six other stocks from the dividend kings list that have grown their dividends at a faster pace than most stocks in the above table in the past decade, some even at double-digits.
Six top dividend kings by dividend growth
Dividend King 10-Year Dividend CAGR Current Dividend Yield Payout Ratio (TTM)
Lowe’s Companies 18.5% 2% 34.5%
Hormel Foods 16.3% 2.1% 39.2%
Parker-Hannifin Corp(NYSE:PH) 14% 1.7% 35.2%
Nordson Corporation 12.2% 0.9% 13.3%
Dover Corp (NYSE:DOV) 9% 2% 37.4%
American States Water(NYSE:AWR) 7.6% 1.9% 54.8%
TTM: Trailing 12 months. Data sources: YCharts and Yahoo! Finance. Table by author.
Hot Blue Chip Stocks To Own Right Now: Safeguard Scientifics, Inc.(SFE)
- [By Ethan Ryder]
Safestyle UK (LON:SFE) had its price target hoisted by Liberum Capital from GBX 50 ($0.67) to GBX 60 ($0.81) in a research report released on Tuesday. Liberum Capital currently has a hold rating on the stock.
- [By Shane Hupp]
Ares Capital (NASDAQ: ARCC) and Safeguard Scientifics (NYSE:SFE) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, earnings, profitability, analyst recommendations, valuation and risk.
- [By Shane Hupp]
THL Credit (NASDAQ: TCRD) and Safeguard Scientifics (NYSE:SFE) are both small-cap finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, valuation, risk, analyst recommendations and dividends.
- [By Joseph Griffin]
SafeCoin (CURRENCY:SFE) traded 6.5% higher against the U.S. dollar during the 24-hour period ending at 15:00 PM Eastern on June 26th. Over the last seven days, SafeCoin has traded up 19% against the U.S. dollar. SafeCoin has a total market cap of $0.00 and approximately $0.00 worth of SafeCoin was traded on exchanges in the last day. One SafeCoin coin can now be purchased for about $0.0001 or 0.00000001 BTC on cryptocurrency exchanges.
Hot Blue Chip Stocks To Own Right Now: American International Group Inc.(AIG)
- [By Lee Jackson]
American International Group Inc. (NYSE: AIG) was only a DJIA member for four years when it was removed on September 22, 2008. In an ironical twist, AIG was replaced with Kraft Foods, which only lasted about four years on the index. AIG was removed during the credit and mortgage crisis and was ejected after the government propped up the insurer with stimulus funds. The shares closed most recently at $55.43.
- [By Logan Wallace]
Gifford Fong Associates acquired a new position in shares of American International Group (NYSE:AIG) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 44,100 shares of the insurance provider’s stock, valued at approximately $2,400,000.
- [By Max Byerly]
Get a free copy of the Zacks research report on American International Group (AIG)
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Hot Blue Chip Stocks To Own Right Now: Tiffany & Co.(TIF)
- [By Motley Fool Staff]
Tiffany & Co. (NYSE:TIF) Q1 2018 Earnings Conference CallMay. 23, 2018 8:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By ]
HSBC’s top stocks list is mostly dominated by large-cap plays that happen to pay attractive dividend yields. More importantly, the stocks already have a decent amount of momentum behind them: the average one-month performance is +5.5%.
Baker Hughes (BHGE) Tiffany & Co. (TIF) The Mosaic Company (MOS) Deutsche Telekom Schneider Electric Adidas (ADDYY) Unicredit CRH (CRH) Luftansa GlaxosmithKline (GSK) Associated British Foods Fresnillo China Construction Bank China Overseas Land & Inv. Geely Automobile Holdings CRCC China Resources Beer Samsung Electronic Sasol Adani Ports and SEZ
- [By Lisa Levin] Gainers
Cara Therapeutics, Inc. (NASDAQ: CARA) shares surged 42.76 percent to close at $16.56 on Wednesday in reaction to a new licensing agreement with Europe-based Vifor Pharma. As part of the agreement, the biopharmaceutical company that alleviates pain licensed worldwide rights (except U.S., Japan, and South Korea) to Vifor Pharma to commercialize its KORSUVA therapy to Vifor $70 million.
Yangtze River Port and Logistics Limited (NASDAQ: YRIV) gained 31.28 percent to close at $7.05 on Wednesday.
Tiffany & Co. (NYSE: TIF) climbed 23.29 percent to close at $126.05 after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance.
EVO Payments, Inc. (NASDAQ: EVOP) gained 18.88 percent to close at $19.02. EVO Payments priced its IPO at $16 per share.
Carver Bancorp, Inc. (NASDAQ: CARV) rose 16.1 percent to close at $6.85.
USA Technologies, Inc. (NASDAQ: USAT) gained 15.68 percent to close at $13.65 after announcing pricing of public offering.
eXp World Holdings, Inc. (NASDAQ: EXPI) shares jumped 15.01 percent to close at $17.70.
Geron Corporation (NASDAQ: GERN) gained 14.99 percent to close at $4.68.
Evolus, Inc. (NASDAQ: EOLS) rose 14.62 percent to close at $19.36.
Ralph Lauren Corporation (NYSE: RL) shares rose 14.34 percent to close at $133.33 after the company reported stronger-than-expected results for its fourth quarter.
Turtle Beach Corporation (NASDAQ: HEAR) jumped 13.26 percent to close at $17.34 on Wednesday. Turtle Beach S-3 showed registration for 1.857 million share common stock offering via selling holders.
Communications Systems, Inc. (NASDAQ: JCS) rose 13.18 percent to close at $3.95. Communications Systems reported establishment of special committee to explore strategic alternatives.
Immutep Limited (NASDAQ: IMMP) shares climbed 12.95 percent to close at $2.53.
xG Technology, Inc. (NASDAQ: XGTI) rose 12.64 percent to close at $0.8561 after the company&rsq
- [By Lisa Levin]
Shares of Tiffany & Co. (NYSE: TIF) got a boost, shooting up 18 percent to $121.088 after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance.
- [By Steve Symington]
Shares of Tiffany & Co. (NYSE:TIF) jumped 23.3% on Wednesday after the high-end jewelry company announced stronger-than-expected fiscal first-quarter 2018 results.