Monday, January 30, 2023

Nasdaq 100 on pace for best January since 1999

The Nasdaq 100 Stock Index is on pace for its best January since 1999 despite warning signs from the likes of Microsoft Corp. and Intel Corp. and another expected interest-rate hike from the Federal Reserve. The Cboe Volatility Index sank within striking distance of a 10-month low on Friday, signalling less angst in the market. Meanwhile, options trading on megacaps last week showed demand hasn’t jumped for protection against a selloff.

Saturday, January 28, 2023

Highest Yielding Dividend Aristocrats

Three stocks, C.H. Robinson Worldwide (CHRW), Nordson (NDSN) and J.M. Smucker (SJM), will join the storied S&P 500 Dividend Aristocrats on Feb. 1.

Those paying highest yields, with newest index additions shown for comparison.

SECTORYears of dividend increasesDividend yield
VFVFCConsumer Discretionary506.8%
Walgreens Boots AllianceWBAConsumer Staples475.3
3M CompanyMMMIndustrials605.3
International Business MachinesIBMInformation Technology274.7
Realty IncomeOReal Estate284.4
T. Rowe Price GroupTROWFinancials364.1
Essex Property TrustESSReal Estate284.1
Franklin ResourcesBENFinancials414.0
AbbVieABBVHealth Care504.0
J.M. Smucker *SJMConsumer Staples252.7
C.H. Robinson Worldwide*CHRWIndustrials252.3
Sources: S&P Global Market Intelligence, IBD, * — new index additions

Friday, January 6, 2023

Emerging-market stocks rise to six-month high vs S&P 500

  • MSCI Index hands 19% excess returns over S&P 500 since October
  • China reopening, weaker dollar key reasons for outperformance
Emerging-market stocks extended their lead over US shares in the early days of the new year, with the equity benchmark rising to a six-month high against the S&P 500 Index.

The MSCI Emerging Markets Index has advanced 3% this week, compared with a 0.8% decline in the US gauge, continuing a turnaround that began in recent months following its worst annual losses since the 2008 global financial crisis. China’s reopening, a softer dollar, and signs of easing global inflation have been spurring gains, leading the gauge to rise Friday for a fourth day to its highest since August.

Thursday, January 5, 2023

Highest dividend yielding stocks in Dow Jones Industrial Average

CompanySymbolDividend yieldSector
Verizon Communications(VZ)6.5%Communication Services
Intel(INTC)5.5Information Technology
Walgreens Boots Alliance(WBA)5.2Consumer Staples
International Business Machines(IBM)4.7Information Technology
Amgen(AMGN)3.3Health Care
Cisco Systems(CSCO)3.2Information Technology
JPMorgan Chase(JPM)3.0Financials
Goldman Sachs(GS)2.9Financials
Sources: S&P Global Market Intelligence, IBD

Sunday, January 1, 2023

10 for 2023

 Good companies at bargain prices could be winners in the new year

Note: Data is of 12/14/22 *June fiscal year end **April fiscal year end ***October fiscal year end E=estimate

Source: FactSet

Wednesday, December 28, 2022

Income-producing investments, ranked in order of preference

Energy pipelines once again top our annual list of income-producing investments, ranked in order of preference.

Note: data as of Dec. 28

Sources: Bloomberg; company reports