Can Exelon Stock Keep the Lights on in 2017?
Right now, Exelon (EXC), the largest hybrid utility in the US, seems to be relatively better placed among peers.
Duke Energy (DUK) seems to have a marginal edge over Southern Company (SO) due to its relatively stable earnings growth prospects.
China’s service sector has been showing tremendous improvement since the last quarter of 2016.
The US dollar is expected to keep the yuan under pressure. Investors can probably expect a massive outflow of capital from China in 2017.
The official manufacturing index for China, the Caixin Manufacturing PMI, rose to 51.7 in February 2017 compared to 51.0 in January 2017.
The main drivers of China’s (FXI) (GXC) stock market are domestic investors who make the market volatile.
In 2016, property prices in China soared about 30.0% due to increased activity in the real estate space.
The bubbles created in China’s stock market in 2007 and 2015–2016 show that stocks fell ~65.0% and ~41.0%, respectively.
NetApp’s (NTAP) top priorities are to increase revenue from its Strategic Solutions business, lower its cost structure, and provide a robust capital allocation program to investors.
Micron Technology’s chief financial officer, Ernie Maddock, stated that a company transitioning to 3D NAND would see negative bit growth in the first half as it puts planar capacity offline.
NRG Energy (NRG), the largest independent power producer, seems ready to continue its bull run since it has significantly outperformed its peers so far this year.
Emerging markets and developing economies are expected to grow 4.5% and 4.8% in 2017 and 2018, respectively, according to the IMF update.
European stocks are expected to rise in 2017, but you need to be cautious of unexpected political outcomes in 2017.
The world markets are poised to grow at a moderate pace of 3.4% and 3.6% in 2017 and 2018, respectively.
Global economic activity is expected to pick up in 2017 after a lackluster 2016. It’s expected to be driven by economic activity in the United States.
The rising interest rate is expected to boost the economy in the long run, but it could severely impact sectors like real estate.
The financial sector is to poised for a better performance following the Fed’s March 15 interest rate hike and higher interest rate expectations for 2017.
The US dollar (UUP) (UDN) seemed to show mixed response to the Fed’s rate hike on March 15, as prices have reflected a downtrend so far in 2017.
One of the most important outcomes of the Fed’s interest rate hike involves the bond market.
US stocks rose slightly on March 15, the day of the Fed’s latest interest rate hike, with technology stocks leading the market after the announcement.