The U.S. dollar rallied against the Japanese yen and the Canadian dollar on Monday, drawing on the abating concerns over North Korea as traders focused on the upcoming meeting of the Federal Reserve, as well as comments that the Bank of Canada will be closely watching its economy and strong currency following an interest-rate increase earlier this month.
The ICE U.S. Dollar Index
DXY, -0.08%
which measures the greenback against six of its rivals, rose 0.2% to 92.051, registering its first day-on-day gain in three days.
Hot Safest Stocks To Watch Right Now: Enbridge Inc(ENB)
Advisors’ Opinion:
- [By Jim Robertson]
On Friday, our Under the Radar Moversnewsletter suggested shorting small cap energy transportation and distribution stock Enbridge Inc (NYSE: ENB):
- [By Matthew DiLallo]
Not to be outdone, rival Canadian oil pipeline giant Enbridge (NYSE:ENB) announced a transformational gas-focused deal of its own, agreeing to acquire U.S. pipeline company Spectra Energy (NYSE:SE) for $28 billion. That transaction will catapult Enbridge past TransCanada and create the largest energy infrastructure company in North America. Further, the deal will bolster Enbridge’s near-term capital project backlog to $20 billion, while enhancing its inventory of longer-term investment opportunities to $37 billion. This pipeline supports Enbridge’s view that it can increase its dividend by 10% to 12% annually through 2024.
Hot Safest Stocks To Watch Right Now: BankUnited, Inc.(BKU)
Advisors’ Opinion:
- [By Lisa Levin]
On Monday, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Eagle Bancorp, Inc. (NASDAQ: EGBN) and BankUnited (NYSE: BKU).
- [By Lisa Levin]
Monday afternoon, the financial sector proved to be a source of strength for the market. Leading the sector was strength from Bank of Marin Bancorp (NASDAQ: BMRC) and BankUnited (NYSE: BKU).
Hot Safest Stocks To Watch Right Now: Treehouse Foods, Inc.(THS)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
In the Lightning Round, Cramer was bullish on Treehouse Foods (THS) , TG Therapeutics (TGTX) , Kinder Morgan (KMI) , Magellan Midstream Partners (MMP) , Chesapeake Energy (CHK) and Arconic (ARNC) .
Hot Safest Stocks To Watch Right Now: Renewable Energy Group, Inc.(REGI)
Advisors’ Opinion:
- [By Manikandan Raman]
There also some lesser known clean energy stocks that may witness downward movement on potential Trump win on negative sentiment. They include Pattern Energy Group Inc (NASDAQ: PEGI), Enviva Partners LP (NYSE: EVA), TerraForm Global Inc (NASDAQ: GLBL), Renewable Energy Group Inc (NASDAQ: REGI) and Ameresco Inc (NYSE: AMRC).
Hot Safest Stocks To Watch Right Now: Benchmark Electronics, Inc.(BHE)
Advisors’ Opinion:
- [By Anders Bylund]
How do you pick the top names in this broadly lucrative industry? I’m here to show you my three favorites in the printed circuit board market: Sanmina (NASDAQ:SANM), Benchmark Electronics (NYSE:BHE), and TTM Technologies (NASDAQ:TTMI), each one tailor-made for a different type of investor.
Hot Safest Stocks To Watch Right Now: First NBC Bank Holding Company(FNBC)
Advisors’ Opinion:
- [By Lisa Levin]
First NBC Bank Holding Company (NASDAQ: FNBC) shares dropped 91 percent to $0.250. First NBC Bank was closed by the Louisiana Office of Financial Institutions.
- [By Ben Levisohn]
The twenty stocks in Worth’s basket are: Ameriprise Financial (AMP) Bank of America, Banner (BANR), Citigroup, Citizens Financial Group (CFG), East West Bancorp (EWBC), First NBC Bank Holding (FNBC), HFF (HF), KeyCorp(KEY), Legacy Texas Financial Group (LTXB), Lincoln National (LNC), Morgan Stanley, Old National Bancorp (ONB), PacWest Bancorp (PACW), PNC Financial Services Group (PNC), Principal Financial Group (PFG), Stifel Financial (SF), SVB Financial Group (SIVB), TCF Financial (TCB), and Wells Fargo.
