There's an old stock market adage: "Sell in May and go away, don't come back till Labor Day." Personally, I don't believe in timing the market, especially on the merits of an anonymous maxim, but today's sell-off certainly didn't do much to disprove the saying. That said, there was some actual news today -- global manufacturing is starting to cool down, U.S. companies are hiring more slowly than anticipated -- that substantiated the drop. By day's end, the Dow Jones Industrial Average (DJINDICES: ^DJI ) had lost 138 points, or 0.9%, to close at 14,700http://www.bloomberg.com/news/2013-05-01/asian-stocks-fall-as-yen-gains-amid-growth-concerns-oil-drops.html.
Walt Disney (NYSE: DIS ) was one of just a handful of blue chips to advance today, adding 0.6%. Although the House of Mouse doesn't report quarterly figures until next Tuesday, the stock was buoyed by good results from several other rival entertainment and broadcasting mainstays. Both CBS and Viacom surprised Wall Street today, and with big media beating expectations, investors grew optimistic for Disney's numbers next week.
Top 10 Blue Chip Stocks To Buy For 2014: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is based in Armonk, New York.
Advisors' Opinion:- [By WALLSTCHEATSHEET.COM]
IBM provides key information technology products to companies participating in a multitude of industries around the world. The stock has done well in recent years and is now consolidating in a range extending back a year. A recent disappointing earnings release sent the stock to the bottom end of its recent range. Earnings, revenue figures, and institutional shareholders have sent mixed signals to investors. Relative to its peers and sector, IBM has underperformed year-to-date. WAIT AND SEE what IBM does this quarter.
- [By Dan Caplinger]
IBM (NYSE: IBM )
IBM sent the Dow plunging on the day after it reported earnings, missing expectations by a nickel per share despite posting a 3% increase in net income for the quarter. Sales fell 5% from the year-ago quarter, as orders from the U.S. and Chinese governments were particularly weak. - [By Jessica Alling]
The biggest drag this morning is IBM (NYSE: IBM ) , down 0.8%. As the top stock in the index, its modest decline can have a much bigger impact on the index than some would think. Big Blue investors may be hitting the pause button as they learn that the company's latest SDK Java Technology Edition software leaves many of its customers' servers vulnerable to cyberattacks by hackers. This news comes from Security Explorations and Kaspersky Lab researchers, which sent the company an open letter about the issue on Monday.
- [By Shauna O'Brien]
Barclays Capital reported on Monday that it has cut its rating on International Business Machines Corp. (IBM).
The firm has downgraded IBM from “Overweight” to “Equal-Weight,” and has cut its price target from $215 to $190. This new price target suggests a 15% increase from the stock’s current price of $182.50.
An analyst from the firm noted: ��t is increasingly clear to us that investors will evaluate IBM on cash flow more than earnings until revenue starts to grow meaningfully. As a result, we are moving our rating for IBM to Equal Weight from Overweight even though shares have been down over the past several months. The mainframe ��atalyst’ has passed and positive benefits from analytics seem to be offset by secular shits to SaaS and Cloud, which seem to adversely impact all of IBM’s segments in some way. We have recently performed several surveys that show the disruptive impact of cloud and SaaS are only in the early innings and are set to be more disruptive in 2014 for our whole sector.��/p>
IBM shares were down $1.70, or 0.92%, during Monday morning trading. The stock has been mostly flat YTD.
Top 10 Blue Chip Stocks To Buy For 2014: Colgate-Palmolive Company(CL)
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360 Advisors' Opinion:
- [By Dividend Growth Investor]
In a previous article, I outlined that it is getting more difficult to find quality dividend paying stocks to buy. Most of the usual suspects like Kimberly-Clark (KMB) or Colgate-Palmolive (CL) are very overvalued today, which prevents me from adding to my positions there. Other companies like Chevron (CVX) are attractively valued today, but unfortunately my portfolio is overweight in them. Currently I find the oil sector to be cheap and have some of the lowest P/E ratios in the market. However, I would hate to be concentrated in one sector which is exposed to the fluctuating prices in its commodity products.
- [By Demitrios Kalogeropoulos]
Colgate-Palmolive (NYSE: CL )
Colgate's shares are trading well below the $62 high they hit just last month. The consumer goods company is heavily levered to international sales, with more than 80% of its business coming from outside the U.S. and more than half coming from emerging markets. - [By Dividends4Life]
Memberships and Peers: KMB is a member of the S&P 500, a Dividend Aristocrat, a member of the Broad Dividend Achievers��Index and a Dividend Champion. The company's peer group includes: The company's peer group includes: Procter & Gamble Co. (PG) with a 3.1% yield, Colgate-Palmolive Co. (CL) with a 2.3% yield, and Clorox Corporation (CLX) with a 3.4% yield.
- [By Eric Volkman]
It's one of the steadiest dividend payers on the market, and it's continuing to fly level. Colgate-Palmolive (NYSE: CL ) has declared a fresh quarterly common stock dividend, which is to be $0.34 per share, paid on August 15 to shareholders of record as of July 23. That amount matches the firm's previous distribution; this was paid in May. Prior to that, Colgate-Palmolive handed out $0.31 per share.
Top 5 Performing Companies To Watch For 2014: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
Advisors' Opinion:- [By Rich Smith]
The commonly accepted wisdom in the cigarette industry goes something like this: Smoking is in decline in the United States. Therefore, if you want to make money on tobacco, you must look abroad. You must buy Philip Morris International (NYSE: PM ) stock.
- [By Rupert Hargreaves]
After a�record�first half, tobacco stocks are now starting to pull back as the high-yield sector of the market is sold-off. During the first six and a half months of the year, Altria (NYSE: MO ) matched the S&P 500 with gains of 17.5%, while�Reynolds American (NYSE: RAI ) �climbed 24% and Philip Morris International (NYSE: PM ) �advanced�7.3%, all excluding dividends (the S&P 500 gained 18% over the same period). However, since the recent sell-off began, all three companies have wiped out most of their gains so far this year.��
- [By Holly LaFon]
His top four holdings are Philip Morris International (PM), Nestle SA Reg (NSRGY), Berkshire Hathaway (BRK.A), CIE Financiere Rich (CFRHF).
Philip Morris International (PM)
- [By Dan Caplinger]
The name change reflected the company's wish to have consumers and investors see beyond its tobacco business, which at the time was plagued by more substantial legal battles with billions in potential liability hanging in the balance. Shareholders approved the name change in 2002. The irony, of course, is that Altria has since spun off both Kraft and its Philip Morris International (NYSE: PM ) global tobacco divisions, leaving Altria holding the old core Philip Morris USA division.
Top 10 Blue Chip Stocks To Buy For 2014: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Advisors' Opinion:- [By Evan Niu, CFA]
Each quarter, IDC releases its estimates on the smartphone, tablet, and PC markets. Earlier this month, the market researcher blamed Microsoft (NASDAQ: MSFT ) Windows 8 as a major factor leading to the unprecedented 14% drop in worldwide unit shipments in the first quarter. IDC typically waits to release its smartphone and tablet estimates until after Apple (NASDAQ: AAPL ) reports earnings, since the Mac maker saves everyone some trouble by actually disclosing unit volumes (unlike most of its rivals).
- [By Rex Moore]
In today's video, Joe chats with Wedgewood Partners' David Rolfe, whose two largest holdings are Apple (NASDAQ: AAPL ) and Berkshire.
- [By Daniel Sparks]
Analysts expect Apple (NASDAQ: AAPL ) to report revenue of $35.02 billion for the company's third quarter, according to Fortune's preliminary survey. As Fortune's Philip Elmer-DeWitt points out, that's the exact same number Apple reported in the year-ago quarter. Is zero growth Apple's new norm? Or, even worse, is decline Apple's future? Possibly -- but there are still a few potential growth drivers left for Cupertino's tech giant.
Top 10 Blue Chip Stocks To Buy For 2014: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Advisors' Opinion:- [By David Smith]
Despite Craighead's relative ebullience regarding North America, it nevertheless appears that the sizzle at Baker Hughes lies in the international markets. As I noted last week, the company has teamed up with CGGVeritaz (NYSE: CGG ) to add substantial seismic capabilities to its global repertoire. Further, it's working with Norway's Statoil (NYSE: STO ) on new projects in the North Sea, the Norwegian Sea, and the Barents Sea. It's also been contracted by Chevron (NYSE: CVX ) for work on the giant Gorgon project in Australia, and its gearing up with Russia's Lukoil and Statoil on the West Qurna-2 oil fields in Iraq.
- [By Dan Carroll]
Earnings season is in full swing, and a full third of companies on the Dow Jones Industrial Average (DJINDICES: ^DJI ) is set to report last quarter's data this week. From industrial giants such as Caterpillar (NYSE: CAT ) to Big Oil icons like ExxonMobil (NYSE: XOM ) and Chevron (NYSE: CVX ) , seemingly every sector of the blue-chip index is on pace to capture investors' attention in the next few days. Let's take a look at what you should be watching out for as 10 of America's most prominent stocks face their biggest test so far of 2013.
- [By Matt Thalman]
Light crude is higher by 1.2% this morning and now trading in the $95 range, which is one reason shares of both ExxonMobil (NYSE: XOM ) and Chevron (NYSE: CVX ) are moving higher today. Exxon is up 1.29% while Chevron has risen 1.1%. Chevron also announced that it would be extending a $2 billion loan to a joint venture it has with a Venezuelan state-run oil company. Chevron holds 40% of the venture and the loan will be used to increase production. �
- [By Michael Fitzsimmons]
ConocoPhillips (COP) released Q2 2013 earnings that beat consensus estimates by $0.12/share. While the company has been performing flawlessly on its strategic multi-year transformation plan by disposing of non-core assets, organically growing production, and providing a compelling dividend, the story this quarter was early signs of the 3-5% growth in cash margins the company has promised. As a result, COP's Q2 earnings beat was in stark contrast to slightly disappointing results from Chevron (CVX) and a disastrous earnings report from ExxonMobil (XOM).
Top 10 Blue Chip Stocks To Buy For 2014: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Garrett Baldwin]
Sin Stocks to Buy: McDonald's Corp. (NYSE: MCD)
McDonald's Corp. (NYSE: MCD), home of the Big Mac, remains one of the most reliable streams of income for international investors.
- [By Rick Munarriz]
Monday
The first trading day of the week kicks off with McDonald's (NYSE: MCD ) reporting quarterly results in the morning. After a decade of smooth and consistent store-level growth, monthly comps have been mixed since last October. The world's largest restaurant operator probably hopes that pushing up its Monopoly promotion to summer instead of autumn will help drive sales in the coming weeks, but we'll see what the Big Mac daddy is willing to share on Monday. - [By Jeff Reeves]
Though mostly in line with expectations, McDonald�� (MCD) just delivered disappointing third-quarter earnings that showed stagnant revenue yet again. A meager 2.4% increase in the top line this quarter followed a disappointing 0.9% increase last quarter.
Top 10 Blue Chip Stocks To Buy For 2014: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By WALLSTCHEATSHEET.COM]
Visa strives to help consumers, companies, governments, and other entities by providing methods of easy transaction worldwide. The company recently reported earnings that made investors happy, and the stock is now trading near all-time high prices, with still more room to rise. Over the last four quarters, earnings and revenue figures have been increasing, which has pleased investors in the company. Relative to its strong peers and sector, Visa has been an average year-to-date performer. Look for Visa to continue to OUTPERFORM.
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