RECENT Financials RESEARCH
Indexing has become an undeniable force in the investment world…and indexing’s rise didn’t happen by accident.
In the last one year, crude oil (USO) (UCO) prices have risen nearly 20%. Leon Cooperman predicts crude oil will reach $60 per barrel in the near future.
The S&P 500 Index is trading at a forward price-to-earnings ratio of 17.8x, which is higher than the historical average of 15x.
Wells Fargo (WFC) has fallen behind its commercial banking peers due to subdued credit offtake, a year marred with controversies, and lower non-interest income.
TD Ameritrade Holding (AMTD) reported its fiscal 4Q17 and fiscal 2017 results on October 24, 2017. Its net revenues were $983 million in fiscal 4Q17 compared to $829 million in fiscal 4Q16.
Visa (V) announced its fiscal 2017 results and its fiscal 4Q17 earnings report on October 25. The consumer financial giant reported strong numbers in fiscal 4Q17.
The stock markets continued to reach new highs driven by gains in financial and technology stocks.
In an interview with CNBC, Dan Loeb, the chief executive officer of Third Point, shared his views on the bull market (SPY) (QQQ), the S&P 500 Index, and his various stock picks.
American Express (AXP) posted EPS (earnings per share) of $1.50 for 3Q17, which beat Wall Street’s estimate of $1.48. The company also beat analysts’ estimate for revenue.
Berkshire Hathaway (BRK.B) is expected to see a dent in its profitability for 3Q17, largely due to insurance losses caused by Hurricanes Harvey and Irma.
US stocks are rising due to hopes that the Trump Administration will complete a tax deal in the near future that will substantially benefit corporates.
What’s harder than getting your clients who are reluctant to save to have the discipline to regularly contribute to their investment portfolio?
On October 6, Credit Suisse (CS) shared a research report that named several of its top stock picks. The firm discussed Constellium, Mohawk Industries, Kraft Heinz, BlackRock, and JPMorgan Chase.
Charles Schwab (SCHW) reported EPS (earnings per share) of $0.42 in 3Q17, thus beating Wall Street analysts’ estimate of $0.41.
Larry Fink, the chairman and CEO of BlackRock (BLK), recently shared his views on the global market (ACWI)(VTI), political uncertainty, the volatility index, and a potential setback in the market (SPY)(QQQ).
Chubb Limited (CB) reported net investment income of ~$1.5 billion in 1H17 compared to ~$1.4 billion in 1H16, reflecting a 9.6% increase. CB generated an 11% return on equity on a trailing-12-month basis.
In this series, we’ll examine Bank of America’s performance across divisions, expected growth, strategic investments, valuation, dividends, yields, and analyst ratings.
American International Group (AIG) is expected to announce its earnings for 3Q17 on November 2, 2017. Wall Street analysts have provided a high estimate of $0.90 for AIG’s 3Q17 EPS.
So far, banks that reported their 3Q17 earnings showed mixed trends. JPMorgan Chase’s revenue and earnings comfortably beat consensus estimates.
Active versus passive. Active or passive. The active-passive debate. Whatever the exact words, the theme dominates portfolio construction conversations.