Mister Car Wash (NYSE:MCW) had its price target dropped by investment analysts at Morgan Stanley from $21.00 to $20.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Morgan Stanley's price target would suggest a po
Just because we hit retirement, doesn’t mean we’re making a total shift to bonds. There are still stocks to buy that are both interesting and profitable. But more times than not, investors at that stage are looking for some income.
That involves a lot more than just screening dividend stocks and sorting by yield.
Investors need to know what they’re buying, as we need to have dependable income in this scenario. We don’t want all of our eggs in one basket, but we don’t want to be spread too thin either.
Many investors often break their portfolio into separate baskets, such as core holdings versus non-core holdings. Core holdings, including dividend stocks, are often considered to be the best available companies to own as their competitive advantages have set them apart from their peers. These are the stocks investors plan to hold forever.
These types of companies often have very long histories of dividend growth as well, some of which have achieved dividend aristocrat status as they have increased their dividend for at least 25 consecutive years.
In a bid to diversify its portfolio in the everyday rewards space, Canadian Imperial Bank of Commerce (CM Quick QuoteCM ) , commonly called CIBC, is set to acquire Costco Wholesale Corporation’s (COST Quick QuoteCOST ) existing portfolio of Canadian co-brand credit card. The Canadian Costco credit card portfolio has more than $3 billion in its outstanding balances. Financial terms of the deal remained undisclosed.
Shares of CIBC gained marginally, post announcement of the acquisition, raising investor optimism on the deal.
Capital One Financial Corporation (COF Quick....More>>>
Marathon Oil Co. (NYSE:MRO) declared a quarterly dividend on Wednesday, January 30th, RTT News reports. Shareholders of record on Wednesday, February 20th will be paid a dividend of 0.05 per share by the oil and gas producer on Monday, March 11th. This represents a $0.20 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, February 19th.
Marathon Oil has decreased its dividend payment by an average of 33.5% per year over the last three years. Marathon Oil has a payout ratio of 25.3% indicating that its dividend is sufficiently covered by earnings.....More>>>
HYCON (CURRENCY:HYC) traded 13.2% lower against the U.S. dollar during the 1-day period ending at 22:00 PM E.T. on September 7th. Over the last week, HYCON has traded 13.1% higher against the U.S. dollar. HYCON has a market cap of $599,583.79 and $198,790.00 worth of HYCON was traded on
Technology stocks have been battered and bruised in 2022, with the Nasdaq down 32% year to date. As bad as that is, semiconductor stocks have easily outpaced the downturn in the broader tech sector, with the PHLX Semiconductor Index falling 44% so far this year. However, unlike some high-f
Ventas, Inc. (VTR Quick QuoteVTR ) is likely to capitalize on the senior housing industry recovery, aided by a high-quality portfolio. However, reduced cash flow from the sale of assets, and competition from national and local operators might act as deterrents for the company.
There's something irresistible about knowing what hedge funds are up to. Maybe it's the mystique, the massive sums of capital they command, and the fact that the best of the best hedge-fund managers are multi-billionaires.