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Market Wrap-Up for Feb.18 (JWN, CF, DLR, SWK, EOG, WTW, more)

We’re saw a gradual rise for the DOW as other indices remained fairly flat, finishing what has been a generally solid week for the averages. We added a new yield-focused name to our recommended list today, while also removing three growth names from our list as well. Be sure to check out Dividend.com Premium for those stories if you did not read the e-mail alerts we sent out earlier today. Elsewhere, earnings results are lifting shares of Digital Realty Trust ( DLR ), a recent addition to our recommended list. Nordstrom ( JWN ) bounced off of earlier levels and closed higher following the company’s earnings report, as well as news the company was buying a private sales e-commerce company. Wall Street upgrades pushed several stocks higher, including Stanley Black & Decker ( SWK ), EOG Resources ( EOG ), and Raytheon ( RTN ). On the downside, fertilizer play CF Industries ( CF ) sold off after reporting better-than-expected results. Weight Watchers ( WTW ) also gave back just a smidgen of yesterday’s huge gains. The speculation in the venture capital space continues to rage on as we continue to hear about huge rounds of money being raised at ever-climbing market valuations. Mark Cuban just came out with some comments that echoed what I have been saying about the “game” that is going on, where eventually regular investors get burned with the usual late invitations to participate (post-IPO after the insiders have already cashed…

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Goldman Sachs Upgrades Ameriprise to “Buy” (AMP)

Filed in dividend, earnings, Gold, Gold Investing, goldman sachs, o, shares, target, upgrade by on February 11, 2011 0 Comments

Investment advisor Ameriprise Financial, Inc. ( AMP ) on Friday caught a big upgrade from analysts at Goldman Sachs. The firm said it boosted its rating on AMP from “Neutral” to “Buy” with a $73 price target. That target suggests an 18% upside to the stock’s Thursday closing price of $61.89. Goldman also boosted its earnings estimates for the company through 2013, noting it believes the financial services provider stands to benefit from rising retail investor demand. AMP has had $21 billion in net equity inflows year-to-date. Ameriprise shares rose 61 cents, or +1%, in premarket trading Friday. The Bottom Line Shares of Ameriprise ( AMP ) have a 1.16% dividend yield, based on last night’s closing stock price of $61.89. The stock has technical support in the $55 price area. If the shares can firm up, we see overhead resistance around the $63-$66 price levels. Ameriprise Financial, Inc. ( AMP ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Bakken Oil Output Booming

Filed in commodities, o, South African Gold, upgrade by on February 9, 2011 0 Comments
Bakken Oil Output Booming

Filed under: Analyst Reports , Forecasts , Industry , Commodities Believe it or not we have an “oil rush” right here in the United States, in North Dakota and Montana. It is called the Bakken Formation, as reported in IBD . The area is said to contain 4.3 billion barrels of oil. Some estimates go as high as 24 billion barrels. Today North Dakota produces 400,000 barrels per day. With upgrades in infrastructure, production could go to 600,000 to 800,000 barrels per day. Continue reading Bakken Oil Output Booming Bakken Oil Output Booming originally appeared on BloggingStocks on Wed, 09 Feb 2011 15:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Market Wrap-Up for Feb.4 (AET, WY, MA, K, SPG, AVB, more)

Talk about a confusing jobs number this morning! The estimates were for 150K new jobs, but instead the number came in at 36K. Yet the unemployment rate fell from 9.5% to 9%. Now I consider myself to be pretty good at math, but what formula was used to come up with these results? The market certainly didn’t have any trouble with the number as an afternoon rally pushed up to finish higher on the day. Aetna ( AET ) and Weyerhaeuser ( WY ) received some love from buyers following earnings results. Aetna also raised their dividend payout from $.05 to $.60 on an annualized basis. That’s certainly a bit more of respectable payout from this health insurance giant. Mastercard ( MA ) and Kellogg ( K ) continued to see upside from yesterday’s earnings results as well. On the downside today were REITs following results that failed to excite investors. Simon Property Group ( SPG ) and AvalonBay Communities ( AVB ) paced the way lower. Be sure to check out the list of 10 dividend stocks we removed from our recommended list if you did not read the e-mail alert that we sent out earlier. As I mentioned yesterday, I am just starting my preparation for national radio interviews for my upcoming Be a Dividend Millionaire book as well as discussions on dividend investing, and of course Dividend.com. Yesterday afternoon, I had my initial interview with my media team. The process is to identify key areas of discussion for my future interviews as well as pointers to make the interviews as captivating as possible. I’m not sure how long the interviews will be, so you need to have game plans to hit all your key points in whatever time is allotted. One of the people I was working with yesterday afternoon is a baby boomer who is worried about not having enough income built up for her retirement. What I did was point her to our Compounding Interest Calculator , and by the end of the call, she said I’d inspired her and given her hope! Think about this example: you are just about to turn 50 years old and have not yet saved a dime (it’s quite common – check out the data below that was just released by the Harris Poll just yesterday). Believe it or not, even at 50, you still…

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Kellogg Upgraded to “Outperform” at Wells Fargo (K)

Cereal maker Kellogg Company ( K ) on Friday saw its rating and price target boosted on Friday by analysts at Wells Fargo. The firm said it upgraded K from “Market Perform” to “Outperform,” while boosting its valuation range from $51-$53 to $58-$60. That new target implies up to a 14% upside to the stock’s Thursday closing price of $52.52. A Wells analyst commented, “We expect Kellogg’s shares to appreciate as earnings surprise to the upside driven by a faster-than-expected recovery in its core N.A. retail cereal business. Kellogg enters 2011 with a 25% increase in new products versus 2009-2010 levels, increased investment in its supply chain, easy comparisons and list price increases already implemented to help cover surging input costs…our 2011E EPS to $3.50 from $3.40 (versus $3.46 consensus) and our 2012 estimate from $3.75 to $3.85 (versus $3.79 consensus) as a result.” Kellogg shares posted modest gains in premarket trading Friday. The Bottom Line We have been recommending shares of Kellogg ( K ) since Nov.3, 2010, when the stock was trading at $49.69. The company has a 3.08% dividend yield, based on last night’s closing stock price of $52.52. Kellogg Company ( K ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Market Wrap-Up for Jan.31 (MEE, CNX, WLT, DRI, FCX, POT, INTC, more)

As the market got started on this new week, market participants were keeping a close eye on the doings going on in Egypt, but a big coal merger put a bid into numerous energy-focused plays. Before we dig into that, I just want to remind everyone that we added a new name to our best dividend stocks list this morning, so be sure to check out the upgrade if you didn’t see the e-mail alert we sent out earlier to Dividend.com Premium subscribers. Looking at the big deal of the day, Massey Energy ( MEE ), which had long been a subject of ongoing takeover rumors, finally did catch a bid over the weekend. The company will be getting taken over by Alpha Natural Resources( ANR ) at a valuation that is about 30% below its all-time high levels hit in June of 2008. That news helped push shares like Consol Energy ( CNX ) and Walter Energy ( WLT ) nicely higher. We also saw seeing buying spread to other commodity names, including Freeport McMoran ( FCX ) and Potash Corp ( POT ). Darden Restaurant ( DRI ) shares were up on news the company is lifting its outlook. There has been a worry in the market when it comes to food/restaurant plays, and how they will be having to deal with higher commodity costs. We’ll keep an eye on the sector to see if other companies are able to dodge the rising food cost bullet as well. Lastly, Intel Corporation ( INTC ) managed to close unchanged despite news the company is cutting its earlier margins guidance, following a chip design glitch that will hit the semiconductor giant’s bottom line this coming quarter. Lots of gloomy headlines about Social Security possibly dissolving sooner than experts have been predicting last week, so I wanted to look for nuggets to write about retirement this morning. I wanted to focus on some baby boomer tips from a recent U.S. News & World Report, and add my own two cents to each. Baby Boomer Tip #1 – “Sign up for Medicare on time.” This is a no-brainer and who wouldn’t want to be able to free up money that can be saved or used for other necessities? As people continue to live longer, some of the savings from not having to pay for your own expensive plan can even go into quality dividend stocks that provide a nice yield each year. Baby Boomer Tip #2 – “Schedule your free physical…

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CBS Upgraded to “Buy” at Deutsche Bank (CBS)

Filed in CBS, dividend, earnings, EPS, G 20, Gold, Gold Bullion prices, o, shares, target, upgrade by on January 31, 2011 0 Comments

Mass media giant CBS Corporation ( CBS ) on Monday saw its rating, price target, and earnings estimates all boosted by analysts at Deutsche Bank. The firm said it upgraded CBS from “Hold” to “Buy” while lifting its price target from $18 to $23. That new target implies a 19% upside to the stock’s Friday closing price of $19.28. A Deutsche analyst commented, “CBS’s shares have had a terrific two years given the company’s high exposure to advertising and high financial leverage at the trough (3.5x). Nevertheless, from here we see 19% upside to $23, worthy of a Buy rating. We believe the street is too low relative to strong 1H11 ad pacings, the CBS Network should see 10% upfront CPM gains, margin efforts are kicking in, int’l syndication is growing > 10%, and M&A risk is reduced given the large buyback plan. Stock at 8.6x ’11E FCF and 7.0E ’12E, too low, in our view.” Continuing, “After reviewing 2011 by qtr, we are raising our EBITDA estimate by $91m to $2.791b (+17% yoy), EPS by $0.07 to $1.51 (+37% yoy, and vs. street’s $1.38) and FCF by $219m to $1.504b (-17% yoy). Our FCF/share estimate is now $2.24 for ’11E, growing to $2.74 in ’12E, $2.92 in 13E, and $3.42 in ’14E.” CBS shares were mostly flat in premarket trading Monday. The Bottom Line Shares of CBS Corporation ( CBS ) have a 1.04% dividend yield, based on Friday’s closing stock price of $19.28. The stock has technical support in the $16-$17 price area. If the shares can continue to firm up, we see overhead resistance around the $22-$23 price levels. CBS Corporation ( CBS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Goldman Sachs Upgrades Home Depot, Downgrades Lowe’s (HD, LOW)

Filed in dividend, downgrade, earnings, Gold, goldman sachs, o, shares, target, upgrade by on January 31, 2011 0 Comments

Analysts at Goldman Sachs on Monday downgraded Lowe’s Companies, Inc. ( LOW ), but upgraded rival home improvement warehouse operator The Home Depot, Inc. ( HD ). The firm said it cut its rating on LOW from “Buy” to “Neutral” with a $28 price target. That target implies an 11% upside to the stock’s Friday closing price of $25.25. Goldman noted that a transitional period in Lowe’s management structure could limit the stock’s upside. Meanwhile, the analyst upgraded HD from “Neutral” to “Buy” and boosted its price target from $37 to $42. That new target suggests a 14% upside to the stock’s Friday closing price of $36.70. Goldman also raised its 2010, 2011, and 2012 earnings estimates for Home Depot as part of the upgrade, noting the company has well-planned strategies that could drive further profits. Lowe’s shares fell 26 cents, or -1%, in premarket trading Monday, while Home Depot shares rose 60 cents, or +1.7%. The Bottom Line Shares of Home Depot ( HD ) have a 2.56% dividend yield, based on Friday’s closing stock price of $36.70. Shares of Lowe’s ( LOW ) have a 1.74% dividend yield, based on Friday’s closing stock price of $25.25. Lowe’s Companies, Inc. ( LOW ) and The Home Depot, Inc. ( HD ) are both rated “Neutral,” with both stocks holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of

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Dividend.com Weekend Edition – Hustle and Be Positive

Filed in dividend, Ford, Gold Investing, Gold Investment, Lear, o, upgrade by on January 30, 2011 1 Comment

It has been a crazy last 12 hours for us at Dividend.com as we have just upgraded to a brand new server that will be accommodating our ever-expanding audience. It is quite an amazing thing to see what we have been trying to accomplish when I step back and look at what our small and very hungry team has been able to achieve. You can say that the biggest risk you will ever take is launching a start-up. I guess it is par for the course for me, as I spent years making money as a trader – not an easy task for sure. As we grow, there will be some hiccups along the way technically. For example, we had to re-do all our premium articles from the last 3 days this morning. Nothing like coming back from church this morning to hear from the technical team that we needed to get all hands on deck to clear up some of the glitches from the server switchover. I try to make Sunday my least intense day work-wise and spend some quality time with the family, but when you own your own business/firm, you are never really off. It’s funny because I have worked my share of Sundays for many years, whether it was my early jobs in the pizzeria or deli, or helping my family run our food business in New York, which was open 7 days a week of course. My family knows the responsibility we have at Dividend.com and does a great job to support the efforts that need to be made to keep users happy. It is definitely a labor of love or none of us would put in the time that we do to keep everything running smooth and more importantly deliver solid RESULTS! The stringent research we do and data we interpret is going to be the difference in our future success as a firm. We know we have to be at our best at all times since there are other financial services/newsletters that we compete with. As we look to the week that was, the big story is unquestionably the chaos taking place in Egypt. The market sure felt the pain of the uncertainty on Friday with the indices seeing lots of red across the board. For dividend investors, sell-offs like this eventually turn into opportunities to buy quality names at better prices. The one thing to remember is not to over-think things and get paralyzed in fear. The only thing we can do for you here at Dividend.com is provide you the best names possible to invest in, but it is up to you to get your capital in your brokerage accounts…

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Travelers Upgraded to “Buy” at Argus Research (TRV)

Insurance giant The Travelers Companies, Inc. ( TRV ) on Friday caught a big upgrade from analysts at Argus Research. The firm said it upgraded TRV from “Hold” to “Buy” with a $65 price target. That target implies a 15% upside from the stock’s Thursday closing price of $56.63. An Argus analyst noted the company has a strong balance sheet as well as solid earnings momentum. Travelers shares rose 27 cents, or +0.5%, in premarket trading Friday. The Bottom Line We recently began recommending shares of Travelers ( TRV ) when the stock was trading at $55.62. The company has a 2.54% dividend yield, based on last night’s closing stock price of $56.63. The Travelers Companies, Inc. ( TRV ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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General Electric Upgraded to “Buy” at Argus Research on Strong Industrial Business (GE)

Multinational conglomerate General Electric Company ( GE ) on Friday caught a big upgrade from analysts at Argus Research. The firm said it boosted its rating on GE from “Hold” to “Buy” with a $26 price target. That target implies a 28% upside to the stock’s Thursday closing price of $20.28. An Argus analyst noted that GE’s strengthening industrial business is driving growth within the company. General Electric shares rose 12 cents, or +0.6%, in premarket trading Friday. The Bottom Line We have been recommending shares of General Electric ( GE ) since July 23, 2010, when the stock was trading at $15.21. The company has a 2.76% dividend yield, based on last night’s closing stock price of $20.28. General Electric Company ( GE ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Medtronic Upgraded to “Buy” at Goldman Sachs (MDT)

Medical device maker Medtronic, Inc. ( MDT ) on Friday caught a big upgrade from analysts at Goldman Sachs. The firm said it boosted its rating on MST from “Neutral” to “Buy” while raising its price target from $37 to $45. That new target implies an 18% upside from the stock’s Thursday closing price of $37.99. Goldman cited higher earnings forecasts and growing valuations for MDT’s peers for the upgrade. The analyst also noted that new management could drive upside with more aggressive corporate action, and some new cardiac rhythm products could also boost earnings. Medtronic shares rose 71 cents, or +1.9%, in premarket trading Friday. The Bottom Line Shares of Medtronic ( MDT ) have a 2.37% dividend yield, based on last night’s closing stock price of $37.99. The stock has technical support in the $34 price area. If the shares can firm up, we see overhead resistance around the $39-$41 price levels. Medtronic, Inc. ( MDT ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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