Today, China is on the verge of something similar to the U.S. in the 1950s… In 1950, the United States was on the cusp of a boom that would produce the largest middle class in history. It was also the beginning of a surge in the U.S. economy that would make it one of the richest countries ever. In 2000, just 4% of China's urban population was considered middle class. By 2022, that figure will soar to 76%. That's more than 550 million middle-class people in China. To put this in perspective, its middle class will be 1.7 times the entire population of the U.S. A growing middle class means Chinese consumer spending will surge, too. It's set to increase 55% between 2015 and 2020. This means plenty of great opportunities if you're looking for a Chinese stock to buy. And just like the U.S. did during its boom that started in the middle of the last century, China's middle class is set to spend its money in three key areas…
Top Safest Stocks To Invest In 2018: Beasley Broadcast Group Inc.(BBGI)
- [By Lisa Levin]
Tuesday afternoon, the cyclical consumer goods & services sector proved to be a source of strength for the market. Leading the sector was strength from Beasley Broadcast Group Inc (NASDAQ: BBGI) and Lee Enterprises, Incorporated (NYSE: LEE).
- [By Benzinga News Desk]
Beasley Broadcast Group (NASDAQ: BBGI) and Greater Media have entered into a definitive agreement under which Beasley will acquire all of the outstanding stock of Greater Media for approximately $240 million.
Top Safest Stocks To Invest In 2018: Akamai Technologies, Inc.(AKAM)
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Akamai Technologies, Inc. (NASDAQ: AKAM) which rose about 14% to $65.67. The stocks 52-week range is $44.65 to $71.64. Volume was 14.5 million compared to its average volume of 2 million.
- [By Anders Bylund]
Shares of Akamai Technologies (NASDAQ:AKAM) rose 26.7% in 2016, according to data from S&P Global Market Intelligence. Coming off a drastic 28% drop in the last 10 weeks of 2015, the content distribution specialist bounced back quickly.
- [By Paul Ausick]
Akamai Technologies Inc. (NASDAQ: AKAM) dropped about 15% Wednesday to post a new 52-week low of $45.45 after closing at $53.28 on Tuesday. The stock’s 52-week high is $71.64. Volume of about 13 million was roughly 5 times the daily average. The company reported decent results, but soft guidance for the current quarter sank the stock in Wednesday’s session.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss ahead of the close Wednesday was Akamai Technologies, Inc. (NASDAQ: AKAM) which traded down over 14% at $45.51. The stocks 52-week range is $45.41 to $71.64. Volume wasover 14 million versus the daily average of 2.6 million shares.
Top Safest Stocks To Invest In 2018: Maximus, Inc.(MMS)
- [By Michael Flannelly]
Analysts at Jefferies initiated coverage on business process services provider Maximus Inc. (MMS) late on Thursday, giving the stock a bullish rating because it has several competitive advantages and should benefit from the Affordable Care Act (Obamacare).
The analysts rate MMS as “Buy” and see shares reaching $47. This price target suggests a 20% upside to the stock’s Thursday closing price of $39.14.
“MMS is a leading government outsourced contractor that produces consistently strong results,” Jefferies analyst David Styblo commented. “The company has several competitive advantages and is highly focused on health and human service projects. This positions MMS to enjoy multi-year growth from the ACA and other opportunities with limited risk. The company’s predictable business model, solid balance sheet, and EPS visibility into FY2014 also support a Buy and $47 PT.”
Maximus shares were inactive during pre-market trading on Friday. The stock is up 23.83% year-to-date.
- [By ]
Maximus Inc (NYSE: MMS) holds just $16 million in long-term debt against $886 million in shareholder equity. Shares trade for 1.7 times sales for a discount of 26% on the industry average of 2.3 times sales.
Top Safest Stocks To Invest In 2018: AbbVie Inc.(ABBV)
- [By Matt Hogan]
After applying this technique to the 52 Dividend Aristocrats, there were two companies that stood out: Hormel Foods Corp (NYSE: HRL) and AbbVie Inc (NYSE: ABBV).
- [By George Budwell]
Keeping this theme in mind, I think the Dividend Aristocrats AbbVie (NYSE:ABBV), Johnson & Johnson (NYSE:JNJ), and Medtronic plc (NYSE:MDT) are three outstanding stocks to steady any portfolio during these uncertain times. Here’s why.
- [By ]
Spotting This Trend In Real Life
O’Neil cited a pattern to identify the ideal buy candidate that he called a “cup with handle” pattern. There are precise rules for this charting pattern, but the most important pieces are (1) a pullback (2) followed by a consolidation, like the ones highlighted below in the chart of AbbVie (NYSE: ABBV).
- [By WWW.GURUFOCUS.COM]
For the details of MENLO ADVISORS LLC’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=MENLO+ADVISORS+LLC
These are the top 5 holdings of MENLO ADVISORS LLCBerkshire Hathaway Inc (BRK.B) – 103,443 shares, 15.75% of the total portfolio. Shares reduced by 0.25%Bank of America Corporation (BAC) – 241,490 shares, 5.48% of the total portfolio. Shares reduced by 0.25%Markel Corp (MKL) – 6,158 shares, 5.39% of the total portfolio. Shares reduced by 0.39%AbbVie Inc (ABBV) – 70,185 shares, 5.21% of the total portfolio. Shares reduced by 2.16%Cisco Systems Inc (CSCO) – 165,414 shares, 4.87% o
Top Safest Stocks To Invest In 2018: Female Health Company (The)(FHCO)
- [By Lisa Levin]
Shares of Female Health Co (NASDAQ: FHCO) were down 15 percent to $1.46 as the company reported that it has entered into a merger agreement with Aspen Park Pharma.