Now is a good time to look at dividend stocks to buy and hold. While there’s no doubt that the market averages were on a roll going in 2018, that incredible momentum slowed a bit when January changed to February. The tax cuts in late December added a lot of fuel to stocks’ fire, but a market correction was lurking around the corner.
If the economy expands and the global economy stays in recovery mode, this could see stock indexes soar once again. Especially when you look to the big blue chips that dominate the averages.
The big firms are doing business outside the U.S., and the dollar is weakening as interest rates rise. As Treasury Secretary Steve Mnuchin observed in Davos recently, a weaker dollar is good for exports and the Trump administration is in favor of boosting exports.
But for all this good news, a changing market — with the potential for an inverted yield curve in interest rates, rising inflation and less consumer strength than anticipated — may bring on a correction.
Top Blue Chip Stocks To Own For 2019: John Hancock Tax-Advantaged Global Shareholder Yield Fund(HTY)
Advisors' Opinion:- [By Shane Hupp]
John Hancock Tax-Advntgd Glbl SH Yld Fd (NYSE:HTY) declared a quarterly dividend on Thursday, August 23rd, Wall Street Journal reports. Shareholders of record on Friday, September 14th will be paid a dividend of 0.16 per share on Friday, September 28th. This represents a $0.64 annualized dividend and a yield of 7.68%. The ex-dividend date is Thursday, September 13th.
Top Blue Chip Stocks To Own For 2019: WEC Energy Group, Inc.(WEC)
Advisors' Opinion:- [By Joseph Griffin]
Homrich & Berg increased its position in shares of WEC Energy Group Inc (NYSE:WEC) by 6.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,279 shares of the utilities provider’s stock after buying an additional 819 shares during the period. Homrich & Berg’s holdings in WEC Energy Group were worth $858,000 at the end of the most recent reporting period.
- [By Joseph Griffin]
These are some of the headlines that may have impacted Accern’s analysis:
Get WEC Energy Group alerts: WEC Energy Group (WEC) Upgraded to “Buy” by Bank of America (americanbankingnews.com) NextEra to build 300 MW-AC of solar power in Wisconsin (pv-magazine-usa.com) Sierra Club: Statement on WPS & MGE 300 MW solar projects to be built in Wisconsin (wisbusiness.com) 2 Wisconsin utilities plan to partner on $390 million large-scale solar projects (jsonline.com) WEC Energy partners on $390 million in solar projects (bizjournals.com)Several brokerages recently commented on WEC. Bank of America raised shares of WEC Energy Group from a “neutral” rating to a “buy” rating in a research note on Friday. Credit Suisse Group reaffirmed a “neutral” rating and issued a $63.00 target price (down from $65.00) on shares of WEC Energy Group in a research note on Friday, February 23rd. UBS Group began coverage on shares of WEC Energy Group in a research note on Friday, February 2nd. They issued a “neutral” rating and a $65.00 target price on the stock. Zacks Investment Research raised shares of WEC Energy Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 17th. Finally, Wells Fargo & Co decreased their target price on shares of WEC Energy Group from $73.00 to $71.00 and set a “market perform” rating on the stock in a research note on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $66.00.
- [By Motley Fool Transcribers]
WEC Energy Group Inc (NYSE:WEC)Q4 2018 Earnings Conference CallFeb. 12, 2019, 7:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Top Blue Chip Stocks To Own For 2019: Akorn, Inc.(AKRX)
Advisors' Opinion:- [By Ethan Ryder]
Liberty Mutual Group Asset Management Inc. reduced its stake in Akorn (NASDAQ:AKRX) by 22.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,475 shares of the company’s stock after selling 5,308 shares during the period. Liberty Mutual Group Asset Management Inc.’s holdings in Akorn were worth $346,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Chris Lange]
Akorn Inc. (NASDAQ: AKRX) shares were crushed on Monday (although not as bad as at Prothena) after it was announced that the German firm Fresenius would no longer be purchasing Akorn. Fresenius noted that this was the result of alleged breaches and data integrity requirements. However, Akorn intends to fight this, but who will win is still yet to be seen.
- [By Paul Ausick]
Akorn Inc. (NASDAQ: AKRX) dropped nearly 40% Tuesday to post a new 52-week low of $18.20. Shares closed at $30.28 on Monday and the stock’s 52-week high is $34.00. Volume was nearly 22 million, more than 20 times the daily average. A potential acquirer has announced an investigation into possible data breaches. https://247wallst.com/healthcare-business/2018/02/27/could-data-breaches-break-up-the-akorn-aquisition/
Top Blue Chip Stocks To Own For 2019: CACI International, Inc.(CACI)
Advisors' Opinion:- [By Shane Hupp]
Caci International (NYSE:CACI)‘s stock had its “buy” rating reaffirmed by stock analysts at Cowen in a research report issued on Sunday. They presently have a $190.00 price objective on the information technology services provider’s stock. Cowen’s price objective would indicate a potential upside of 12.80% from the stock’s current price.
- [By Lou Whiteman]
Kratos Defense & Security Solutions (NASDAQ:KTOS) and CACI International (NYSE:CACI) are two very different companies who rely on a common customer: The U.S. government. Kratos is a onetime wireless-infrastructure vendor who in recent years has focused on microwave electronics, satellite communications, and, most recently, drones. CACI meanwhile was founded in the 1960s by a pair of RAND Corp. alums interested initially in commercializing a software programming language.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on CACI INTERNATIONAL INC Common Stock (CACI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Rich Smith]
Let's start with the story that sparked the rally. Last night, Reuters cited three sources "familiar with the matter" saying that Engility "is exploring a sale" -- perhaps to CACI International (NYSE:CACI) or Science Applications International Corp (NYSE:SAIC), two peer defense contractors that are both three to four times larger than Engility.
- [By Max Byerly]
CACI INTERNATIONAL INC Common Stock (NYSE:CACI) has been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $190.23.
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