The bad news? Several indicators are pointing to September being a rough month for stock returns. The good news? There is reason for optimism when it comes to October. Both these forecasts come from James Paulsen, chief investment strategist at the Leuthold Group, who is advising against moving to defensive sectors just yet and is instead recommending “new-era” growth stocks that should continue to lead the market as long as the bull market lasts. For one specific way to play this theme, CLICK HERE.
“Very few people have gotten rich on their seventh best idea, but a lot of people have gotten rich with their best idea,” Warren Buffett is quoted as having said – and today’s article looks at what two big-name money managers appear to consider among their best investment ideas, based on the fact that they have substantial portions of their portfolios tied up in these single stocks. For these two potential “best idea” investments – a health care stock and a memory chip maker stock – CLICK HERE.
When it comes to where to put their money in 2019, investors may not want to pursue an “America First” approach. At least that’s the position laid out by Morgan Stanley in its recent Global Strategy Outlook report for next year, with the investment bank preferring “stocks in emerging markets to those in the U.S. because it is predicting stable growth in those economies in 2019, versus a slowing expansion stateside.” For the emerging markets Morgan Stanley is most bullish on, which types of stocks it prefers within those markets, and why, despite its preference for EM stocks over U.S. stocks, it is not overly excited about equities overall, CLICK HERE.
“Portfolios need to shift,” advises one strategist cited in today’s article in regards to rising interest rates – and how rising rates are changing the risk and reward profile of various investments. So, if you want to “rate-proof” your portfolio, which investments make sense to consider – and which make sense to avoid? The author offers up “a basic game plan, based on past history, on what to own and what to avoid when interest rates are rising” – including some specific stock recommendations. For more, CLICK HERE.
Indicators can be useful tools for traders in their quest to outperform the market. The problem with the more popular indicators, however, is just that: they’re popular – and the fact that they are well-known lessens any edge they might offer. Which is why the oft-overlooked indicator highlighted in today’s article might be worth a look. For more on this “best indicator you might not know about” – what it is, how to interpret it, and considerations when trading with it – CLICK HERE.
While many do not view miners favorably as investments, the author of today’s article notes that “there is a segment within the mining sector, particularly the gold sector that many investors miss…” That segment? Royalty and streaming. The author proceeds to highlight how the three largest royalty and streaming companies in mining – the “Three Gold Kings” – beat every S&P 500 company, the big investment banks, and the FAANGs – and how depressed gold prices are golden for these companies. CLICK HERE.
In building his theoretical “Cheapskate Portfolio”, the author of today’s article identifies the cheapest stocks in each sector which are “currently profitable, have debt less than stockholders’ equity, sell for 15 times per-share earnings or less, and have a market value of $1 billion or more.” For the ten stocks that currently make up the Cheapskate Portfolio, the four stocks that the author is most partial to right now, and how the Cheapskate Portfolio has performed in the past versus the S&P 500, CLICK HERE.
As a result of a decline in the price of gold, explorers and producers have had to turn to royalty and streaming companies to help cover their costs. Today’s article highlights one such royalty company that has benefited from this situation – and which the author believes may be particularly attractive to investors. The company in question has increased its dividend every year since going public in 2008, has seen its share price outperform gold bullion and gold miners, and had its best year ever in 2017. For more on this company – and an ETF to gain exposure to it – CLICK HERE.
The good tax news? Your taxes for last year are (hopefully) now filed and done. The bad tax news? When it comes to your 2018 taxes, you may be very (unpleasantly) surprised when you realize the deductions that you’ve lost. Today’s article warns that, under the provisions in the new tax bill, “there are literally scores of smaller deductions that you were previously able to itemize that will not be available in 2018, or 2019 at the latest.” Like what? CLICK HERE to find out.
The six companies highlighted in today’s article have a lot of cash. Picking up shares of these cash-rich companies, however, won’t require much cash. Specifically, each of these companies has a high proportion of cash to share price – which, the author notes, suggests that “these firms should be holding enough cash to meet their operating needs and have some remaining to take steps such as acquisitions or buy backs” – and are trading at less than $10 a share. For more, CLICK HERE.