Johnson & Johnson (JNJ) now has a market cap of $308 billion dollars, just a smidgen less than that of Gilead Sciences (GILD), Biogen (BIIB), Mylan (MYL), Celgene (CELG) and Teva Pharmaceutical Industries (TEVA) combined. It’s time to sell, says Standpoint Research’s Ronnie Moas:
Johnson & Johnsonshares are at an all-time high; trading at 18X earnings and should be sold at this time…The market cap is now topping $300 billion dollars and that is nearly equal to the combined market capitalizations of Gilead Sciences, Biogen, Mylan,Celgene and Teva Pharmaceutical Industries five recent recommendations of mine…
Johnson & Johnsonrevenues are $72 billion while the combined revenues for the five names I listed above are $87 billion the P/E ratios on those five are 7X, 14X, 8X, 17X and 9X, respectively soJohnson & Johnson is trading at a 50% (P/E) premium to this (oversold) group even though revenue growth is low single-digits at Johnson & Johnson…
Top 10 Safest Stocks To Invest In Right Now: Sina Corporation(SINA)
- [By Ezra Schwarzbaum]
It was quickly followed by two other Chinese social media sites: SINA Corp (NASDAQ: SINA) and Momo Inc (ADR) (NASDAQ: MOMO).
Weibo issued a press release later in the day saying it would cooperate with the State Administration of Press, Publication, Radio, Film and Television.
- [By Shanthi Rexaline]
SINA Corp (NASDAQ: SINA), which has a stake in Weibo, also tumbled.
Weibo confirmed that the State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China or SAPPRFT has ordered local authorities to take measures to suspend audio and video services of some internet companies.
- [By Leo Sun]
Warren Buffett famously told investors to be “fearful when others are greedy, and greedy when others are fearful.” Dedicated followers of that mantra would probably dismiss Chinese online media giant SINA (NASDAQ:SINA) — which rallied 120% over the past 12 months to a six-year high — as a “greedy” play.
Top 10 Safest Stocks To Invest In Right Now: Chipotle Mexican Grill Inc.(CMG)
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Chipotle Mexican Grill, Inc. (NYSE: CMG) which jumped 2.8% to $407.45. The stocks 52-week range is $352.96 to $481.63. Volume was 1.1 million which is above the daily average of around 853,000 shares.
- [By Ben Levisohn]
Chipotle Mexican Grill (CMG) has fallen 1.4% to $405.20 after JPMorgan cut its rating to Neutral from Overweight.
Tiffany (TIF) has tumbled 4.7% after its holiday sales were lower than it had expected. It blamed, in part, disruptions created by the nearby Trump Towers.
- [By Ben Levisohn]
Chipotle Mexican Grill (CMG) soared to the top of the S&P 500 today after M Science, a data analytics firm, predicted better same-store sales.
Chipotle Mexican Grillgained 2.8% to $407.52 today, while the S&P 500 dropped 1.2% to 2,344.02.
Bloomberg’s Craig Giammona and Leslie Patton have the details on the M Science report:
Chipotle Mexican Grill Inc. shares rose the most in almost six weeks after data-analysis firm M Science predicted that first-quarter sales will easily beat Wall Streets estimates, bringing a ray of optimism to a chain battered by a food-safety crisis.
The researcher studied same-store sales during February and the first 10 days of March, according to M Science Chief Executive Officer Michael Marrale. The firm made the call based on multiple data sets and proprietary models, he said.
Chipotle Mexican Grill’s market capitalization rose to $12.9 billion today from $11.4 billion yesterday. It reported net income of $22.9 million on sales of $3.9 billion in 2016.
Top 10 Safest Stocks To Invest In Right Now: TransUnion(TRU)
- [By JJ Kinahan]
Ready To Shop? A highlight this coming week is Black Friday, and recent data hint that shoppers might be ready. A record 195.9 million consumers now have access to revolving credit such as bank-issued and private label credit cards, TransUnion (NYSE: TRU) said in a recent press release. This is the highest level of revolving credit access since TRU began measuring the variable and is greater than the 192.6 million consumers who had access to such credit products in Q3 2016. “The third quarter of 2017 exhibited a lending market that continued to operate in a stable manner, with consumers continuing to gain access to credit and take advantage of that access,” said Ezra Becker, senior vice president and head of research and consulting for TransUnion, in the press release. “However, we are beginning to see a slowdown in originations, which may be a signal of saturation in the lower-risk credit tiers and some pull-back in lender risk appetite in the higher-risk tiers.” Still, Becker predicted a “robust holiday shopping season.”
Top 10 Safest Stocks To Invest In Right Now: Computer Programs and Systems Inc.(CPSI)
- [By Lisa Levin]
Shares of Computer Programs & Systems, Inc. (NASDAQ: CPSI) were down 31 percent to $27.00 after the company posted weaker-than-expected Q2 results.
Top 10 Safest Stocks To Invest In Right Now: TAL International Group Inc.(TAL)
- [By Craig Jones]
Instead of buying TAL Education Group (ADR) (NYSE: TAL), Cramer would buy Alibaba Group Holding Ltd (NYSE: BABA).
Cramer thinks Burlington Stores Inc (NYSE: BURL) is going to have a good quarter, because Ross Stores, Inc. (NASDAQ: ROST) posted a good one, and they have similar business models.
Top 10 Safest Stocks To Invest In Right Now: General Motors Company(GM)
- [By WWW.KIPLINGER.COM]
Alas, we have a lot of Ebenezer Scrooges out there in corporate America that either dont pay dividends at all or dont pay nearly enough of them. Realistically, not every company can be a dividend-paying powerhouse. Cyclical companies like General Motors Company (GM) or Ford Motor Company (F) have wildly erratic businesses and need to keep a little extra cash on hand for the lean years. (Of course, even then, weak share prices have made the pair of them look generous via nearly 5% yields.)
- [By Brian Wu]
Tesla investors though, have a potentially bigger problem on their hands: a full-scale entry of traditional automakers in the EV space. General Motors (NYSE:GM) and Toyota Motor Corp (NYSE:TM) have lately upped the ante in the EV game, with GM announcing that it has commenced production of the all-electric Chevy Bolt in its Orion Township, Michigan plant. Sale of the much-touted EV will begin late this year in Oregon and California before a national rollout in 2017. Meanwhile, Toyota has announced that the rollout of its first mass-produced EV will begin as early as 2020. Toyota’s bold entry into this space will mark the first time the company is expanding beyond fuel-cell and hybrid vehicles. How serious is the implied long-termthreat to Tesla?
- [By WWW.KIPLINGER.COM]
The market is rightly worried about General Motors Co. (GM) hitting the peak of the latest car-buying cycle, but its overdoing its concerns. It feels like GM stock has been discounted for a worst-case scenario, if not more.
- [By JJ Kinahan]
FIGURE 2: GM AND FORD YTD PERFORMANCE. The chart above shows the year-to-date performance as a percentage for General Motors (GM) as the yellow line, Ford (F) as the purple line and the S&P 500 (SPX) as the teal line. Chart source: thinkorswim® by TD Ameritrade. Data source: Standard & Poor’s. Not a recommendation. For illustrative purposes only. Past performance does not guarantee future results.
- [By Ben Levisohn]
Earlier this week, news broke that General Motors (GM) was in talks with PSA to sell its European business, including Opel, to PSA, the maker of Peugeot. Well, we’re getting more details about what a potential deal might look like, courtesy of Bloomberg’s Aaron Kirchfeld and three other reporters:
General Motors Co. and PSA Group are discussing a valuation for GMs Opel unit of roughly $2 billion as the automakers push to reach an agreement as soon as the end of next week, people familiar with the matter said.
The price tag would comprise about $1 billion in cash and the assumption of roughly $1 billion in liabilities, said the people, who asked not to be identified because the negotiations are private. The amount is still fluid as the two assess factors such as pension liabilities, the value of brand rights and savings potential, the people said.
Does a deal maker sense? In a note released on Feb. 14, Barclays analyst Brian Johnson and team argued that there was “little further upside in Europe.” They explain:
While GM has ambitious long-term targets for GME, we currently see the business as mediocre at best. GME is middle-of-the-pack with only 6% share in Europe (#8 in the market). And financially, even ex UK referendum headwinds, GME was only breakeven (both in terms of EBIT and EBITDA-capex) in 2016 despite cyclical improvements in Europe. And why not sell now, when Europe is steadier, vs. trying to sell at a time when the market is in downturn. Finally, there could be secular reasons too should the Euro itself go away, and the Deutsche Mark return, Opels German cost base would be a clear disadvantage.
And who knows? Maybe General Motors will use the proceeds to buy something else. Shares of General Motors have advanced 0.2% to $37.12 at 1:28 p.m. today.
Top 10 Safest Stocks To Invest In Right Now: Federated Investors, Inc.(FII)
- [By Gregg Greenberg]
Stocks of Federated Investors (FII) fell approximately 9% in 2015, yet Oja expects a big turnaround in 2016, once again due to the prospect of higher rates ahead.
"The money market fund business, which is unprofitable now, should become more profitable as rates rise because Federated has to reimburse for the servicing fees for these funds," said Oja, who also admires the fund company’s 3.5% dividend yield.
Oja added that Federated also has a "good core business of equity and fixed-income asset management."
Top 10 Safest Stocks To Invest In Right Now: Medley Capital Corporation(MCC)
- [By Lee Jackson]
Medley Capital Corp. (NYSE: MCC) is another company that had the man at the top buying shares. CEO Brook Taube added 188,336 shares of the business development company at prices that ranged from $7.13 to $7.48 per share. The total for the trade was posted at $1 million. The stock closed Friday at $7.26.
- [By Lee Jackson]
These companies also reported insider buying last week: Carrizo Oil and Gas Inc. (NASDAQ: CRZO), Medifast Inc. (NYSE: MED), Medley Capital Corp. (NYSE: MCC), Occidental Petroleum Corp. (NYSE: OXY) and Sothebys (NYSE: BID).
Top 10 Safest Stocks To Invest In Right Now: Sociedad Quimica y Minera S.A.(SQM)
- [By Beth McKenna]
Most investors interested in gaining exposure to the lithium space should stick with investing in one or more of the large players listed on a major U.S. stock exchange:Albemarle Corporation(NYSE:ALB), FMC Corp. (NYSE:FMC), andSociedad Quimica y Minera de Chile(NYSE:SQM), or SQM. Smaller players are speculative to varying degrees, and most are unprofitable.
Top 10 Safest Stocks To Invest In Right Now: Atlantia S.p.A. (ATASF)
- [By SEEKINGALPHA.COM]
Atlantia (ATASF) (AT.IM), Eiffage (OTCPK:EFGSY) (FGR.FP), Ferrovial (OTC:FRRVF) (FER.SM), Albertis (OTC:ABFOF) (ABE.SM) and Vinci (OTCPK:VCISF) (DG.FP)