Amid a dense fog of uncertainty, an aging bull will have to find its footing in 2017. Rarely has the way forward been so obscured by the murky policies of a new political regime, as well as by questions about economic growth, monetary policy and the animal spiritsor lack thereofof Americas corporate chieftains.
See Also: 10 Great Stocks for the Next 10 Years
Whether the bull finds its way safely will depend on how well markets adjust to the new reality in Washington and whether they can make a transition from being driven by ultra-easy Federal Reserve policies to being supported by what in the end must support all bull markets: rising profits across a broad swath of corporate America. The stock market has been meandering for a year and a half, searching for direction.
how to invest in stock market: Manitowoc Company, Inc. (The)(MTW)
- [By Ben Levisohn]
With a neutral sector rating, we are working on evaluating risks to negative calls, and identifying potential value opportunities. Last week we noted more work might be worthwhile on Wabco Holdings (WBC), Terex, Manitowoc (MTW), and Caterpillar, two of those names have rallied for other reasons but the attractive price made the upside/downside skew up. We remain positive (OW) on Allison Transmission Holdings (ALSN) & United Rentals. Our and consensus 2017Allison Transmission Holdings estimates have fallen by 2% vs. ~15% for the group, while the shares are down 10% since launch. We continue to see United Rentals as the best value in our group…
how to invest in stock market: AU Optronics Corp(AUO)
- [By Peter Graham]
A long term performance chart shows shares of Corning Incorporated in a steady uptrend since we recommended the stock while Universal Display Corporation (NASDAQ: OLED) has taken off even higher and LG Display Co Ltd (NYSE: LPL) and AU Optronics Corp (NYSE: AUO) have given a similar performance:
how to invest in stock market: Duke Energy Corporation(DUK)
- [By WWW.KIPLINGER.COM]
Duke Energy Corp. (DUK), the largest generator of electricity in the nation, is awfully steady.
DUK has more than 7.4 million customers located in hotbeds of growth, and it boasts a generating capacity of 52,697 megawatts. The firm also provides natural gas distribution in many of its main service areas, so Duke is a double threat in that way. Cold winter? Nat gas provides more oomph. Hot summer? Electricity demand spikes.
how to invest in stock market: Regal Entertainment Group(RGC)
- [By Jon C. Ogg]
Regal Entertainment Group (NYSE: RGC) was already rated as Underperform at Credit Suisse, but the firm said that the chain has weak trends and warned that its forecasts and multiples are just still too high. While raising some estimates, Sheikh lowered his target on Regal Entertainment to $17 from $19 in this call.