|Day Low/High||91.95 / 92.60|
|52 Wk Low/High||56.01 / 90.17|
Philip Morris International appears a promising turnaround name with a 5.6% dividend yield.
In this first part of a two part series of dividend stocks, we'll explore companies on track to become Dividend Kings in the new year.
Monday showed some signs of not just profit-taking, but some risk-off behavior by professional managers. What gives? Why now?
Following widely reported lung injuries and bans, the products struggle to come back as concerns over Covid-19 burn on.
The tobacco giant's management has said its commitment to the dividend "remains unwavering," which supports expectations of a coming hike.
Monday's rally might have been ugly, except that this is 2020. Anything goes in 2020.
Beyond energy markets and the potential for ancillary fall-out, the S&P 500, and this may be more important from a technical viewpoint, failed to hold that 50 day SMA.
More than 450 quarterly reports are on tap, including 105 S&P 500 constituents.
Philip Morris International has paid rising dividends every year since its initial public offering in 2008, which occurred right in the middle of the Great Recession.
Money fled high-growth, high-multiple stocks on Wednesday and chased a mix of both defense and value.
We've got some push-pull in pre-market trading as moves lower in Netflix , Limelight Networks , United Rentals , SAP and Alcoa duel with Apple , which is moving higher pre-market, and positive moves in Novartis , eBay , Phillip Morris International ...
And just why do we have a federal debt ceiling, anyway? An argument for doing away with it.
Negative political pressure is being felt in an overbearing way on the entire healthcare sector.
While the two tobacco giants have similar yields, both also have very different businesses, with different growth potential in the years ahead.
These stocks have grown their dividend for years but the yield has now reached levels of attraction.
Does it not make sense to create a separate portfolio made up of equities that will benefit -- as sick as that sounds -- when an area needs to rebuild?
Any logical evaluation of this stock suggests low risk and tremendous upside.
Any logical evaluation of British American Tobacco suggests low risk and tremendous upside.
Cannabis and tobacco are hard to equate, which Barclays' primer on the Cannabis industry misses.
Each of these names is showing technical bullish or bearish reversal patterns.
It's time for the central bank to show the same level of concern for their misplaced aggression.
There are several avenues to invest in the potential cannabis boom -- recreational plays; medical plays; and companies that have a lot to gain from the industry but aren't reliant upon it for success.
John Butters and his FactSet team noted individual companies that have seen the largest changes in third-quarter earnings forecasts by sector.
Not every cannabis stock was strong on Wednesday. One significant Canadian name sure was though.