Top 5 Blue Chip Stocks To Buy Right Now

NEW YORK Stocks fellWednesday as the Dow dropped more than 100 points, putting more distance between the blue chipsand that elusive 20,000 mark.

Dow 20,000 has been in sight for several days now, with the index getting as close as a couple of dozen points from the milestone but never reaching it.

At the 4 p.m. ET close, the Dow stood0.6% lower for the day, off 111points and 166away from 20,000. Meanwhilethe Nasdaqsank 0.9% andthe S&P 500 lost0.8%.

The broad decline wiped out most of the gains from the day before, when the Nasdaq composite index closed at a record high.

Trading was quiet in a light week of economic and company news before the New Years Day holiday weekend.

Shares of luxury handbag maker Kate Spade (KATE) leaped 23.1%after news reports surfaced about a possible sale of the company.

Top 5 Blue Chip Stocks To Buy Right Now: Citizens Financial Group, Inc.(CFG)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Citizens Financial Group Inc (NYSE:CFG) insider Randall J. Black sold 792 shares of Citizens Financial Group stock in a transaction on Tuesday, June 5th. The shares were sold at an average price of $41.49, for a total value of $32,860.08. Following the completion of the transaction, the insider now owns 34,258 shares in the company, valued at $1,421,364.42. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

  • [By Max Byerly]

    M&T Bank Corp lowered its stake in Citizens Financial Group (NYSE:CFG) by 38.5% during the 1st quarter, HoldingsChannel reports. The firm owned 52,349 shares of the bank’s stock after selling 32,830 shares during the quarter. M&T Bank Corp’s holdings in Citizens Financial Group were worth $2,198,000 at the end of the most recent reporting period.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Citizens Financial Group (CFG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Shanthi Rexaline]

    Citizens Financial Group Inc (NYSE: CFG) shares were down Tuesday, dragged by macro concerns following the rise in Italian sovereign debt yields and a 14-basis point decline in the 10-year U.S. treasury yield.

Top 5 Blue Chip Stocks To Buy Right Now: Ennis, Inc.(EBF)

Advisors’ Opinion:

  • [By Logan Wallace]

    These are some of the media stories that may have impacted Accern’s scoring:

    Get Ennis alerts:

    Ennis (EBF) Issues Earnings Results (americanbankingnews.com) Ennis beats by $0.07, beats on revenue (seekingalpha.com) Ennis up 4% post Q1 results (seekingalpha.com) Ennis, Inc. Reports Results for the First Quarter Ended May 31, 2018 (finance.yahoo.com) Ennis: Fiscal 1Q Earnings Snapshot (finance.yahoo.com)

    Shares of Ennis traded down $0.05, hitting $20.20, during trading on Tuesday, according to Marketbeat.com. The company had a trading volume of 117,000 shares, compared to its average volume of 79,358. The firm has a market cap of $489.94 million, a price-to-earnings ratio of 15.66 and a beta of 0.69. Ennis has a fifty-two week low of $17.65 and a fifty-two week high of $21.50. The company has a quick ratio of 4.63, a current ratio of 5.52 and a debt-to-equity ratio of 0.11.

Top 5 Blue Chip Stocks To Buy Right Now: Territorial Bancorp Inc.(TBNK)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Shares of Territorial Bancorp (NASDAQ:TBNK) have been given an average rating of “Hold” by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $33.50.

  • [By Stephan Byrd]

    Territorial Bancorp Inc (NASDAQ:TBNK) Director David S. Murakami sold 4,394 shares of Territorial Bancorp stock in a transaction dated Monday, June 11th. The shares were sold at an average price of $30.67, for a total value of $134,763.98. Following the completion of the transaction, the director now owns 27,494 shares of the company’s stock, valued at approximately $843,240.98. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

  • [By Max Byerly]

    Shares of Territorial Bancorp Inc (NASDAQ:TBNK) have earned a consensus recommendation of “Hold” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $33.50.

Top 5 Blue Chip Stocks To Buy Right Now: Nuveen Preferred Income Opportunites Fund(JPC)

Advisors’ Opinion:

  • [By Ethan Ryder]

    News headlines about Nuveen Preferred & Income Oprtnts Fnd (NYSE:JPC) have trended positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nuveen Preferred & Income Oprtnts Fnd earned a media sentiment score of 0.42 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 48.1302177844966 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Top 5 Blue Chip Stocks To Buy Right Now: American States Water Company(AWR)

Advisors’ Opinion:

  • [By Neha Chamaria]

    Contrary to what many believe, it’s easier to find stocks to invest in when you’re in your 60s. That’s because your choices narrow down significantly as you filter out young, aggressive companies that typically carry higher risk. As you near retirement, you need a portfolio choc-a-block with mature, established businesses that have a visible growth path and preferably offer solid dividends to supplement your income. Three interesting stocks that fit the bill are American States Water (NYSE:AWR), A.O. Smith (NYSE:AOS), and Realty Income (NYSE:O).

  • [By Stephan Byrd]

    AWARE (CURRENCY:AWR) traded 3.3% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on June 5th. During the last week, AWARE has traded down 0.7% against the U.S. dollar. One AWARE token can now be bought for about $0.0294 or 0.00000396 BTC on major cryptocurrency exchanges including BigONE, Bibox and Allcoin. AWARE has a total market cap of $0.00 and $1.37 million worth of AWARE was traded on exchanges in the last 24 hours.

  • [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.

  • [By Reuben Gregg Brewer]

    American States Water Company (NYSE:AWR) has increased its dividend each and every year for 63 consecutive years. That’s a feat unmatched by its water utility rivals, and most other companies for that matter. But that incredible run of dividend hikes doesn’t mean that American States is a good investment. Here’s the background you need in order to make a better call here.

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