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721700.0
2020-04-14 00:00:00 UTC
Pandemic survival plans: U.S. businesses scramble to conserve cash, boost liquidity
DE
https://www.nasdaq.com/articles/pandemic-survival-plans%3A-u.s.-businesses-scramble-to-conserve-cash-boost-liquidity-2020-04
nan
nan
By Rajesh Kumar Singh CHICAGO, April 14 (Reuters) - Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's NHY.OL North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit's cash balance during the economic slump related to the outbreak. With little clarity on when the U.S. economy will reopen, companies of all sizes have been bracing for at least months of limited revenues. With about $500 billion of corporate debt due to mature this year and in 2021, many businesses must conserve cash and bolster liquidity. "Things are changing day to day," said Straface. His unit, headquartered in Rosemont, Illinois has already furloughed employees and slashed operating expenses, and he said: "We have to anticipate everything that could go wrong relative to our cash flow situation." Straface said cash balance looks positive for six months. The picture was shakier for Lake Zurich, Illinois-based CCTY Bearing. The supplier of bearings to automakers and construction and agriculture equipment manufacturers, said it could face a problem if the economy remains shut even into May. Forty-one states have ordered people to stay at home to contain the coronavirus outbreak. As a result, many of CCTY's customers are unable to take their deliveries. If the gridlock persists, CCTY expects to have a 50% increase in inventory in May, locking up millions of dollars. "I am having sleepless nights," said Evan Poulakidas, CCTY's director for North America. At Hydro's North American extrusion unit, slumping revenues have boosted the need for working capital 15% over the past month, and the worst is yet to come. The unit has projected that sales will dip by up to 30% in April and May, causing a "significant" jump in inventory. To protect its cash balance, Hydro has furloughed about 10% of employees in the United States and Canada and asked all 23 facilities to cut operating expenses by as much as 20%. If the situation worsens, Straface says the unit could consider "draconian" steps such as halting all the capital spending for the year, temporary plant closures and salary cuts. Hydro is not alone. Heavy equipment maker Caterpillar CAT.N has withheld annual salary increases and bonuses for employees. Furniture maker Steelcase SCS.N has asked nearly all U.S.-based salaried employees to temporarily take a 50% base pay cut. United States Steel Corp X.N has slashed capital spending for the year and idled some operations. Economists believe the U.S. economy already slipped into recession last month. Further cuts would almost certainly worsen the unemployment rate that in March posted the largest single-month increase since January 1975. DEBT BINGE David Berge, an analyst at rating agency Moody's, said "good and deep sources" of liquidity are needed to survive a prolonged disruption. Companies, therefore, have been racing to raise as much credit as possible. Tractor manufacturer Deere & Co DE.N has tapped the market to raise $2.5 billion in new debt and renewed $8 billion revolving credit facilities. Plane maker Boeing BA.N last month drew down its entire $13.8 billion credit line. But the credit market has tightened. The spread between risky high-yield corporate debt and U.S. Treasuries has widened sharply to about 9 percentage points now from 3.5 percentage points in January. The Federal Reserve last week announced it would expand its corporate bond-buying program, leading to a rally in prices of junk bonds. Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, said while the move "can't stop companies from defaulting", it at least helps them manage borrowing costs. A $350 billion government loan program for small businesses also offers a lifeline to those facing a liquidity crunch, but its rollout has been marred by confusion over funding terms. The chief operating officer of HiberSense said the government loan could help the small startup, which sells internet-connected home climate control systems, stay afloat until business rebounds. COO Bob Fields, however, said the company was still waiting to hear back from its bank about the loan request. The Pittsburgh-based company has been operating under a "Pandemic Survival Plan" after the virus-induced lockdown led to a 75% drop in revenues last month. $300,000 of its capital is tied up as customers are struggling to take deliveries. Fields said cash requirements have already tripled, forcing it to carry out layoffs and freeze discretionary spending. When the first wave of stay-at-home orders hit HiberSense's operations, Fields hoped normal business would resume in a week. After that he knew the company needed a plan to survive. "We couldn't afford to spend money on hope," Fields said. "Hope is not a strategy." (Reporting by Rajesh Kumar Singh; Editing by David Gregorio) ((rajeshkumar.singh@thomsonreuters.com; +1-312-408-8537; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Rajesh Kumar Singh CHICAGO, April 14 (Reuters) - Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's NHY.OL North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit's cash balance during the economic slump related to the outbreak. With about $500 billion of corporate debt due to mature this year and in 2021, many businesses must conserve cash and bolster liquidity. Forty-one states have ordered people to stay at home to contain the coronavirus outbreak.
By Rajesh Kumar Singh CHICAGO, April 14 (Reuters) - Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's NHY.OL North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit's cash balance during the economic slump related to the outbreak. With about $500 billion of corporate debt due to mature this year and in 2021, many businesses must conserve cash and bolster liquidity. Forty-one states have ordered people to stay at home to contain the coronavirus outbreak.
By Rajesh Kumar Singh CHICAGO, April 14 (Reuters) - Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's NHY.OL North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit's cash balance during the economic slump related to the outbreak. With about $500 billion of corporate debt due to mature this year and in 2021, many businesses must conserve cash and bolster liquidity. Forty-one states have ordered people to stay at home to contain the coronavirus outbreak.
By Rajesh Kumar Singh CHICAGO, April 14 (Reuters) - Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's NHY.OL North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit's cash balance during the economic slump related to the outbreak. With about $500 billion of corporate debt due to mature this year and in 2021, many businesses must conserve cash and bolster liquidity. Forty-one states have ordered people to stay at home to contain the coronavirus outbreak.
6647328d-72c2-417b-b959-ef259b5693a1
721701.0
2020-04-09 00:00:00 UTC
Deere & Company Expects to Produce 225,000 Face Shields for Healthcare Workers
DE
https://www.nasdaq.com/articles/deere-company-expects-to-produce-225000-face-shields-for-healthcare-workers-2020-04-09
nan
nan
Deere & Company (NYSE: DE) is joining the effort to manufacture personal protective equipment for healthcare workers, having begun production of face shields at John Deere Seeding Group in Moline, Illinois, yesterday. In collaboration with the United Auto Workers union, the Iowa Department of Homeland Security, and the Illinois Manufacturers' Association, Deere plans on initial production of 25,000 face shields, which will be distributed to healthcare workers in its manufacturing communities located in eight states. Following the initial production, Deere aspires to produce an additional 200,000 face shields. This may be only the beginning of a larger effort to address the paucity of personal protective equipment. Speaking to the potential growth of the initiative, CEO John May said that "by working closely with the communities where our employees live and work, we can help support the needs we've identified close to home and, as the project expands, address additional, urgent needs across the country." Image source: Getty Images. This latest push by Deere & Company is hardly the company's first foray in the fight against the novel coronavirus. In February, the company played an essential role in China's effort to build two new hospitals in less than two weeks to help provide care for the rapidly growing number of patients in Wuhan. Additionally, the company has donated protective eyewear to Iowa and Illinois hospitals, and the company's John Deere Foundation, in addition to employee contributions, provided $750,000 in financial support for local food banks and American Red Cross chapters. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 18, 2020 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In collaboration with the United Auto Workers union, the Iowa Department of Homeland Security, and the Illinois Manufacturers' Association, Deere plans on initial production of 25,000 face shields, which will be distributed to healthcare workers in its manufacturing communities located in eight states. In February, the company played an essential role in China's effort to build two new hospitals in less than two weeks to help provide care for the rapidly growing number of patients in Wuhan. Additionally, the company has donated protective eyewear to Iowa and Illinois hospitals, and the company's John Deere Foundation, in addition to employee contributions, provided $750,000 in financial support for local food banks and American Red Cross chapters.
Deere & Company (NYSE: DE) is joining the effort to manufacture personal protective equipment for healthcare workers, having begun production of face shields at John Deere Seeding Group in Moline, Illinois, yesterday. In collaboration with the United Auto Workers union, the Iowa Department of Homeland Security, and the Illinois Manufacturers' Association, Deere plans on initial production of 25,000 face shields, which will be distributed to healthcare workers in its manufacturing communities located in eight states. Additionally, the company has donated protective eyewear to Iowa and Illinois hospitals, and the company's John Deere Foundation, in addition to employee contributions, provided $750,000 in financial support for local food banks and American Red Cross chapters.
Deere & Company (NYSE: DE) is joining the effort to manufacture personal protective equipment for healthcare workers, having begun production of face shields at John Deere Seeding Group in Moline, Illinois, yesterday. Additionally, the company has donated protective eyewear to Iowa and Illinois hospitals, and the company's John Deere Foundation, in addition to employee contributions, provided $750,000 in financial support for local food banks and American Red Cross chapters. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
Deere & Company (NYSE: DE) is joining the effort to manufacture personal protective equipment for healthcare workers, having begun production of face shields at John Deere Seeding Group in Moline, Illinois, yesterday. Additionally, the company has donated protective eyewear to Iowa and Illinois hospitals, and the company's John Deere Foundation, in addition to employee contributions, provided $750,000 in financial support for local food banks and American Red Cross chapters. In collaboration with the United Auto Workers union, the Iowa Department of Homeland Security, and the Illinois Manufacturers' Association, Deere plans on initial production of 25,000 face shields, which will be distributed to healthcare workers in its manufacturing communities located in eight states.
7eb6ce39-2ea1-4ead-a05b-aa1a27576fa9
721702.0
2020-03-23 00:00:00 UTC
Interesting DE Put And Call Options For May 15th
DE
https://www.nasdaq.com/articles/interesting-de-put-and-call-options-for-may-15th-2020-03-23
nan
nan
Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new May 15th contracts and identified one put and one call contract of particular interest. The put contract at the $110.00 strike price has a current bid of $8.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $110.00, but will also collect the premium, putting the cost basis of the shares at $101.60 (before broker commissions). To an investor already interested in purchasing shares of DE, that could represent an attractive alternative to paying $113.40/share today. Because the $110.00 strike represents an approximate 3% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 61%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 7.64% return on the cash commitment, or 52.59% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $110.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $115.00 strike price has a current bid of $8.10. If an investor was to purchase shares of DE stock at the current price level of $113.40/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $115.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.55% if the stock gets called away at the May 15th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 52%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 7.14% boost of extra return to the investor, or 49.19% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 77%, while the implied volatility in the call contract example is 69%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $113.40) to be 39%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 15th expiration.
Below is a chart showing DE's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new May 15th contracts and identified one put and one call contract of particular interest.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $110.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $115.00 strike price has a current bid of $8.10. Below is a chart showing DE's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new May 15th contracts and identified one put and one call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 15th expiration.
c4606e74-3677-497a-bad8-b67f080421a0
721703.0
2020-03-23 00:00:00 UTC
Deere & Company Withdraws Guidance Due to COVID-19 Pandemic
DE
https://www.nasdaq.com/articles/deere-company-withdraws-guidance-due-to-covid-19-pandemic-2020-03-23
nan
nan
Global farm equipment maker Deere & Company (NYSE: DE) today announced it is withdrawing financial guidance for 2020 that it had put out as recently as February 27, 2020. Its subsidiary, John Deere Capital Corporation is also withdrawing its 2020 outlook. Deere, with roots dating back to 1837, has facilities in more than thirty countries and is facing challenges ranging from the health of its employees, supply chain issues, and government mandated shutdowns. Image source: Getty Images. Critical infrastructure business In its update, Deere said that both financial and operational impacts are coming from several factors. It said the severity of the impacts on the company will depend on how long the pandemic lasts, the effects on demand for its equipment and services, supply chain issues, as well as government regulations made to fight the pandemic. It said the business impacts "could be material." In the U.S., it is a federally designated essential critical infrastructure business, but it is facing COVID-19 related challenges in some locations. As a supplier to farmers and other food producers, Deere will keep its operations running to the extent possible. Its statement said that some facilities are scaling back operations, and others are temporarily halting production due to the pandemic effects. It did not specify which operations are temporarily idled. The company said that it was committed to both the health and well-being of its employees, and the needs of its customers. It will provide another update during its May 22, 2020, second quarter earnings announcement and conference call. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 18, 2020 Howard Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Global farm equipment maker Deere & Company (NYSE: DE) today announced it is withdrawing financial guidance for 2020 that it had put out as recently as February 27, 2020. Deere, with roots dating back to 1837, has facilities in more than thirty countries and is facing challenges ranging from the health of its employees, supply chain issues, and government mandated shutdowns. Critical infrastructure business In its update, Deere said that both financial and operational impacts are coming from several factors.
Deere, with roots dating back to 1837, has facilities in more than thirty countries and is facing challenges ranging from the health of its employees, supply chain issues, and government mandated shutdowns. Critical infrastructure business In its update, Deere said that both financial and operational impacts are coming from several factors. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.
Critical infrastructure business In its update, Deere said that both financial and operational impacts are coming from several factors. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Global farm equipment maker Deere & Company (NYSE: DE) today announced it is withdrawing financial guidance for 2020 that it had put out as recently as February 27, 2020.
Deere, with roots dating back to 1837, has facilities in more than thirty countries and is facing challenges ranging from the health of its employees, supply chain issues, and government mandated shutdowns. Critical infrastructure business In its update, Deere said that both financial and operational impacts are coming from several factors. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.
b7d3b36d-fa5a-4df4-ad08-efa112151082
721704.0
2020-03-12 00:00:00 UTC
Interesting DE Call Options For May 1st
DE
https://www.nasdaq.com/articles/interesting-de-call-options-for-may-1st-2020-03-12
nan
nan
Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new May 1st contracts and identified the following call contract of particular interest. The call contract at the $134.00 strike price has a current bid of $9.75. If an investor was to purchase shares of DE stock at the current price level of $131.36/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $134.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.43% if the stock gets called away at the May 1st expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $134.00 strike highlighted in red: Considering the fact that the $134.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 56%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 7.42% boost of extra return to the investor, or 54.18% annualized, which we refer to as the YieldBoost. The implied volatility in the call contract example above is 70%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $131.36) to be 32%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $134.00 strike highlighted in red: Considering the fact that the $134.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 1st expiration.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $134.00 strike highlighted in red: Considering the fact that the $134.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 1st expiration.
If an investor was to purchase shares of DE stock at the current price level of $131.36/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $134.00. Below is a chart showing DE's trailing twelve month trading history, with the $134.00 strike highlighted in red: Considering the fact that the $134.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new May 1st contracts and identified the following call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $134.00 strike highlighted in red: Considering the fact that the $134.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the May 1st expiration.
caab7e69-3ad0-4600-a8da-ea4fe7fac0c6
721705.0
2020-03-06 00:00:00 UTC
Noteworthy Friday Option Activity: DE, SAFM, TSN
DE
https://www.nasdaq.com/articles/noteworthy-friday-option-activity%3A-de-safm-tsn-2020-03-06
nan
nan
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 8,887 contracts has been traded thus far today, a contract volume which is representative of approximately 888,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.7% of DE's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $190 strike call option expiring June 19, 2020, with 1,609 contracts trading so far today, representing approximately 160,900 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $190 strike highlighted in orange: Sanderson Farms Inc (Symbol: SAFM) saw options trading volume of 2,113 contracts, representing approximately 211,300 underlying shares or approximately 41.8% of SAFM's average daily trading volume over the past month, of 505,125 shares. Especially high volume was seen for the $120 strike put option expiring April 17, 2020, with 600 contracts trading so far today, representing approximately 60,000 underlying shares of SAFM. Below is a chart showing SAFM's trailing twelve month trading history, with the $120 strike highlighted in orange: And Tyson Foods Inc (Symbol: TSN) options are showing a volume of 14,723 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 41.5% of TSN's average daily trading volume over the past month, of 3.5 million shares. Particularly high volume was seen for the $70 strike call option expiring April 17, 2020, with 1,525 contracts trading so far today, representing approximately 152,500 underlying shares of TSN. Below is a chart showing TSN's trailing twelve month trading history, with the $70 strike highlighted in orange: For the various different available expirations for DE options, SAFM options, or TSN options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $190 strike call option expiring June 19, 2020, with 1,609 contracts trading so far today, representing approximately 160,900 underlying shares of DE. Especially high volume was seen for the $120 strike put option expiring April 17, 2020, with 600 contracts trading so far today, representing approximately 60,000 underlying shares of SAFM. Particularly high volume was seen for the $70 strike call option expiring April 17, 2020, with 1,525 contracts trading so far today, representing approximately 152,500 underlying shares of TSN.
Below is a chart showing DE's trailing twelve month trading history, with the $190 strike highlighted in orange: Sanderson Farms Inc (Symbol: SAFM) saw options trading volume of 2,113 contracts, representing approximately 211,300 underlying shares or approximately 41.8% of SAFM's average daily trading volume over the past month, of 505,125 shares. Especially high volume was seen for the $120 strike put option expiring April 17, 2020, with 600 contracts trading so far today, representing approximately 60,000 underlying shares of SAFM. Particularly high volume was seen for the $70 strike call option expiring April 17, 2020, with 1,525 contracts trading so far today, representing approximately 152,500 underlying shares of TSN.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 8,887 contracts has been traded thus far today, a contract volume which is representative of approximately 888,700 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DE's trailing twelve month trading history, with the $190 strike highlighted in orange: Sanderson Farms Inc (Symbol: SAFM) saw options trading volume of 2,113 contracts, representing approximately 211,300 underlying shares or approximately 41.8% of SAFM's average daily trading volume over the past month, of 505,125 shares. Particularly high volume was seen for the $70 strike call option expiring April 17, 2020, with 1,525 contracts trading so far today, representing approximately 152,500 underlying shares of TSN.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 8,887 contracts has been traded thus far today, a contract volume which is representative of approximately 888,700 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DE's trailing twelve month trading history, with the $190 strike highlighted in orange: Sanderson Farms Inc (Symbol: SAFM) saw options trading volume of 2,113 contracts, representing approximately 211,300 underlying shares or approximately 41.8% of SAFM's average daily trading volume over the past month, of 505,125 shares. Especially high volume was seen for the $120 strike put option expiring April 17, 2020, with 600 contracts trading so far today, representing approximately 60,000 underlying shares of SAFM.
1d2b4245-c757-4bb6-8e15-d14e9acfddec
721706.0
2020-03-02 00:00:00 UTC
Deere Chairman Samuel Allen To Retire; Names John May Chairman
DE
https://www.nasdaq.com/articles/deere-chairman-samuel-allen-to-retire-names-john-may-chairman-2020-03-02
nan
nan
(RTTNews) - Deere & Co. (DE) said Monday that its chairman Samuel Allen will retire on May 1, following 45-years of career with the company. Meanwhile, the company has elected its chief executive officer, John May, to become chairman upon Allen's retirement. Allen has been chairman of the board of directors since 2010 and served as the company's chief executive officer from 2009 to 2019. Allen joined Deere as an industrial engineer in 1975 after graduating from Purdue University. May joined the board in August of 2019 and became Deere's tenth chief executive officer in November 2019. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere & Co. (DE) said Monday that its chairman Samuel Allen will retire on May 1, following 45-years of career with the company. Allen joined Deere as an industrial engineer in 1975 after graduating from Purdue University. May joined the board in August of 2019 and became Deere's tenth chief executive officer in November 2019.
Allen joined Deere as an industrial engineer in 1975 after graduating from Purdue University. May joined the board in August of 2019 and became Deere's tenth chief executive officer in November 2019. (RTTNews) - Deere & Co. (DE) said Monday that its chairman Samuel Allen will retire on May 1, following 45-years of career with the company.
(RTTNews) - Deere & Co. (DE) said Monday that its chairman Samuel Allen will retire on May 1, following 45-years of career with the company. Allen joined Deere as an industrial engineer in 1975 after graduating from Purdue University. May joined the board in August of 2019 and became Deere's tenth chief executive officer in November 2019.
May joined the board in August of 2019 and became Deere's tenth chief executive officer in November 2019. (RTTNews) - Deere & Co. (DE) said Monday that its chairman Samuel Allen will retire on May 1, following 45-years of career with the company. Allen joined Deere as an industrial engineer in 1975 after graduating from Purdue University.
d0f1bce5-ceec-406b-9147-7d1bea946fb1
721707.0
2020-03-02 00:00:00 UTC
Is It Time to Turn Bullish on Deere?
DE
https://www.nasdaq.com/articles/is-it-time-to-turn-bullish-on-deere-2020-03-02
nan
nan
If it isn't falling crop prices acting as a headwind on farm income, it's the trade conflict hurting U.S. soybean export. If it isn't the trade conflict, it's African swine fever impacting underlying demand for soymeal used feeding hogs. If it isn't African swine fever, then it's the coronavirus possibly impacting Deere & Company's (NYSE: DE) supply chain. One way or another, the company has had to deal with a significant number of headwinds in the last few years. However, throughout it all, the company has demonstrated it's one of the highest quality operators out there, and the stock is worth consideration from long-term investors. Here's why. Image source: Getty Images. Deere's earnings resiliency Probably the best way to see the relative strength in Deere's performance is by looking at its net income over the past years. As you can see below, the company's net income has proved resilient in the face of a lot of external headwinds in recent years. The chart also shows the company's guidance range for $2.7 billion to $3.1 billion for 2020. Data source: Deere presentations. Chart by author. The bad news for Deere At this point, it's important to detail some of the impacts on Deere in the last few years. The chart below shows the fall in key crop prices over the last seven years or so. US Soybean Price data by YCharts In addition, U.S. farm income has gone nowhere in the last few years, and income from crops in 2020 is actually forecast to be down 10% on the $220 billion generated in 2013 -- not an environment that encourages large machinery purchases. Data source: United States Department of Agriculture. The impact of the trade conflict and African swine fever -- a disease that significantly reduced China's hog herd, causing a drop in demand for soybean meal -- on U.S. soybean production can be seen in the chart below. The chart shows how the combination of the two events has disproportionately hit soybean production in the U.S. farm sector. The U.S., Brazil, and Argentina are the leading soybean producers in the world. Data source: United States Department of Agriculture. Marketing year runs from September to October. Finally, the coronavirus is also threatening to impact matters. Indeed, during the recentearnings call Manager of Investor Communications Brent Norwood outlined that "the biggest potential impact to Deere is in relation to the supply base that serves our international operations." In other words, Deere could see some disruption, and ultimately cost increases, coming from an inability to effectively source products from China. The case for buying Deere Against all these headwinds, Deere's profitability has held up and the best investment case for buying the stock is based on the potential for improvement when some of these headwinds start to abate. There are four key arguments: First, operational performance has been excellent, with management highlighting how margin expansion in the recently reported first quarter led to a 4% rise in net income despite a 6% fall in sales. In addition, Norwood said that "the actions we took in 2019 resulted in desirable field inventory-to-sales ratios that are significantly below the rest of the industry." In plain English, this means that when sales pick up Deere should be able to benefit from pricing power because there isn't a glut of equipment on the market. Second, there's already some evidence that the easing of the trade conflict is positively impacting Deere. Norwood talked about "early signs of stabilization" and improved sentiment after the passing of phase one of the trade agreement. Furthermore, the latest data from the USDA shows that the spread in soybean export prices between the U.S. and Brazil has all but disappeared after blowing up when the trade conflict started. Third, Deere continues to make progress with its so-called precision agriculture solutions -- web-enabled technologies (onboard computers, telematics, sensors, and data analytics solutions) that allow farmers to improve productivity. Deere's leadership in the field is adding a long-term revenue growth opportunity and possibly a margin expansion one too. Fourth, the headwinds in the last couple of years appear to have held back an underlying, and natural, cycle of replacement demand from coming through. During theearnings call Director of Investor Relations Josh Jepsen said, "in the U.S. in particular when you think about age of fleet, we are now pushing past kind of what has been the historical equilibrium going back to, say, 2000." Is Deere a buy? There's certainly potential for some near-term weakness in Deere's stock price, but the company is doing all the right things to position itself for growth in the future. The company is excellently run and given improving sentiment over the trade conflict, Deere is well placed to benefit from any improvement in crop prices, and/or a cycle of replacement demand coming through. It's the sort of stock investors should be looking to take advantage of given any significant market-led weakness. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Data source: United States Department of Agriculture. Indeed, during the recentearnings call Manager of Investor Communications Brent Norwood outlined that "the biggest potential impact to Deere is in relation to the supply base that serves our international operations." There are four key arguments: First, operational performance has been excellent, with management highlighting how margin expansion in the recently reported first quarter led to a 4% rise in net income despite a 6% fall in sales.
If it isn't falling crop prices acting as a headwind on farm income, it's the trade conflict hurting U.S. soybean export. If it isn't the trade conflict, it's African swine fever impacting underlying demand for soymeal used feeding hogs. If it isn't African swine fever, then it's the coronavirus possibly impacting Deere & Company's (NYSE: DE) supply chain.
Deere's earnings resiliency Probably the best way to see the relative strength in Deere's performance is by looking at its net income over the past years. Data source: United States Department of Agriculture. The case for buying Deere Against all these headwinds, Deere's profitability has held up and the best investment case for buying the stock is based on the potential for improvement when some of these headwinds start to abate.
Data source: Deere presentations. Data source: United States Department of Agriculture. The case for buying Deere Against all these headwinds, Deere's profitability has held up and the best investment case for buying the stock is based on the potential for improvement when some of these headwinds start to abate.
6d9fa3b0-2151-477a-b24b-d017435a41c0
721708.0
2020-02-28 00:00:00 UTC
Notable Friday Option Activity: LRCX, LLY, DE
DE
https://www.nasdaq.com/articles/notable-friday-option-activity%3A-lrcx-lly-de-2020-02-28
nan
nan
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (Symbol: LRCX), where a total volume of 9,947 contracts has been traded thus far today, a contract volume which is representative of approximately 994,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.7% of LRCX's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $290 strike call option expiring April 17, 2020, with 1,455 contracts trading so far today, representing approximately 145,500 underlying shares of LRCX. Below is a chart showing LRCX's trailing twelve month trading history, with the $290 strike highlighted in orange: Lilly (Eli) & Co (Symbol: LLY) options are showing a volume of 16,646 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 44.8% of LLY's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $145 strike call option expiring April 17, 2020, with 5,287 contracts trading so far today, representing approximately 528,700 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $145 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,372 contracts, representing approximately 837,200 underlying shares or approximately 44% of DE's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $155 strike put option expiring April 17, 2020, with 379 contracts trading so far today, representing approximately 37,900 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $155 strike highlighted in orange: For the various different available expirations for LRCX options, LLY options, or DE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $290 strike call option expiring April 17, 2020, with 1,455 contracts trading so far today, representing approximately 145,500 underlying shares of LRCX. Especially high volume was seen for the $145 strike call option expiring April 17, 2020, with 5,287 contracts trading so far today, representing approximately 528,700 underlying shares of LLY. Particularly high volume was seen for the $155 strike put option expiring April 17, 2020, with 379 contracts trading so far today, representing approximately 37,900 underlying shares of DE.
Particularly high volume was seen for the $290 strike call option expiring April 17, 2020, with 1,455 contracts trading so far today, representing approximately 145,500 underlying shares of LRCX. Below is a chart showing LLY's trailing twelve month trading history, with the $145 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,372 contracts, representing approximately 837,200 underlying shares or approximately 44% of DE's average daily trading volume over the past month, of 1.9 million shares. Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (Symbol: LRCX), where a total volume of 9,947 contracts has been traded thus far today, a contract volume which is representative of approximately 994,700 underlying shares (given that every 1 contract represents 100 underlying shares).
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (Symbol: LRCX), where a total volume of 9,947 contracts has been traded thus far today, a contract volume which is representative of approximately 994,700 underlying shares (given that every 1 contract represents 100 underlying shares). Particularly high volume was seen for the $290 strike call option expiring April 17, 2020, with 1,455 contracts trading so far today, representing approximately 145,500 underlying shares of LRCX. Below is a chart showing LLY's trailing twelve month trading history, with the $145 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,372 contracts, representing approximately 837,200 underlying shares or approximately 44% of DE's average daily trading volume over the past month, of 1.9 million shares.
Especially high volume was seen for the $145 strike call option expiring April 17, 2020, with 5,287 contracts trading so far today, representing approximately 528,700 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $145 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,372 contracts, representing approximately 837,200 underlying shares or approximately 44% of DE's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $155 strike put option expiring April 17, 2020, with 379 contracts trading so far today, representing approximately 37,900 underlying shares of DE.
2f9cdcca-ef8c-4d84-a20d-e68ca5d7fa50
721709.0
2020-02-27 00:00:00 UTC
Notable Two Hundred Day Moving Average Cross - DE
DE
https://www.nasdaq.com/articles/notable-two-hundred-day-moving-average-cross-de-2020-02-27
nan
nan
In trading on Thursday, shares of Deere & Co. (Symbol: DE) crossed below their 200 day moving average of $163.95, changing hands as low as $162.47 per share. Deere & Co. shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $132.68 per share, with $181.99 as the 52 week high point — that compares with a last trade of $163.73. The DE DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Thursday, shares of Deere & Co. (Symbol: DE) crossed below their 200 day moving average of $163.95, changing hands as low as $162.47 per share. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $132.68 per share, with $181.99 as the 52 week high point — that compares with a last trade of $163.73. The DE DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Thursday, shares of Deere & Co. (Symbol: DE) crossed below their 200 day moving average of $163.95, changing hands as low as $162.47 per share. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $132.68 per share, with $181.99 as the 52 week high point — that compares with a last trade of $163.73. The DE DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Thursday, shares of Deere & Co. (Symbol: DE) crossed below their 200 day moving average of $163.95, changing hands as low as $162.47 per share. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $132.68 per share, with $181.99 as the 52 week high point — that compares with a last trade of $163.73. The DE DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Thursday, shares of Deere & Co. (Symbol: DE) crossed below their 200 day moving average of $163.95, changing hands as low as $162.47 per share. Deere & Co. shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $132.68 per share, with $181.99 as the 52 week high point — that compares with a last trade of $163.73.
8e9616ef-12e4-485d-b65b-bb6bd6aba95e
721710.0
2020-02-27 00:00:00 UTC
April 9th Options Now Available For Deere (DE)
DE
https://www.nasdaq.com/articles/april-9th-options-now-available-for-deere-de-2020-02-27
nan
nan
Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the April 9th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new April 9th contracts and identified one put and one call contract of particular interest. The put contract at the $152.50 strike price has a current bid of $1.91. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $152.50, but will also collect the premium, putting the cost basis of the shares at $150.59 (before broker commissions). To an investor already interested in purchasing shares of DE, that could represent an attractive alternative to paying $163.22/share today. Because the $152.50 strike represents an approximate 7% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 100%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.25% return on the cash commitment, or 10.90% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $152.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $165.00 strike price has a current bid of $4.30. If an investor was to purchase shares of DE stock at the current price level of $163.22/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $165.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.73% if the stock gets called away at the April 9th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $165.00 strike highlighted in red: Considering the fact that the $165.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.63% boost of extra return to the investor, or 22.92% annualized, which we refer to as the YieldBoost. The implied volatility in the call contract example above is 40%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $163.22) to be 27%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $165.00 strike highlighted in red: Considering the fact that the $165.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the April 9th expiration.
Below is a chart showing DE's trailing twelve month trading history, with the $165.00 strike highlighted in red: Considering the fact that the $165.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the April 9th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new April 9th contracts and identified one put and one call contract of particular interest.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $152.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $165.00 strike price has a current bid of $4.30. Below is a chart showing DE's trailing twelve month trading history, with the $165.00 strike highlighted in red: Considering the fact that the $165.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new April 9th contracts and identified one put and one call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $165.00 strike highlighted in red: Considering the fact that the $165.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the April 9th expiration.
766c6bef-55c1-4fc5-8d4a-1bfb0a33b288
721711.0
2020-02-24 00:00:00 UTC
DE Crosses Above Average Analyst Target
DE
https://www.nasdaq.com/articles/de-crosses-above-average-analyst-target-2020-02-24
nan
nan
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.93, changing hands for $177.43/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 14 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $140.00. And then on the other side of the spectrum one analyst has a target as high as $210.00. The standard deviation is $19.221. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $176.93/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $176.93 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Deere & Co.: RECENT DE ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 6 7 7 6 Buy ratings: 2 2 2 2 Hold ratings: 6 6 6 7 Sell ratings: 1 1 1 0 Strong sell ratings: 1 1 1 1 Average rating: 2.28 2.21 2.21 2.22 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DE — FREE. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.93, changing hands for $177.43/share. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $176.93/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $176.93 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.93, changing hands for $177.43/share. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. And so with DE crossing above that average target price of $176.93/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $176.93 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.93, changing hands for $177.43/share.
Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 14 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. And then on the other side of the spectrum one analyst has a target as high as $210.00.
5bc0da22-7f38-4ff3-b75b-71d54eb6dda5
721712.0
2020-02-21 00:00:00 UTC
Stock Market News: Deere Leaps, Zscaler Stumbles as Coronavirus Hits Markets
DE
https://www.nasdaq.com/articles/stock-market-news%3A-deere-leaps-zscaler-stumbles-as-coronavirus-hits-markets-2020-02-21
nan
nan
Wall Street saw stocks move lower Friday morning as market participants reacted to the latest news about the COVID-19 outbreak. With a rising number of new cases now appearing in South Korea, many medical experts are concerned that efforts to contain the disease might not prove as effective as originally hoped. Investors sought refuge in safe-haven plays like bonds and gold. As of 11 a.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 243 points to 28,977. The S&P 500 (SNPINDEX: ^GSPC) fell 29 points to 3,344, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 115 points to 9,636. Even amid virus fears, shareholders continued to respond to news affecting individual stocks. Deere (NYSE: DE) saw favorable results that lifted investors' spirits, but tech upstart Zscaler (NASDAQ: ZS) wasn't as fortunate, failing to give shareholders the positive picture they'd hoped to see. Deere gets help from the farm Shares of Deere were up 8% after the heavy equipment manufacturer reported its fiscal first-quarter financial results. Despite a mixed performance, investors were generally pleased with how well the company held up under tough conditions. Image source: Deere. Deere's revenue for the period was down 4% year over year, with a 6% drop in sales from equipment operations leading the way lower. Yet net income climbed almost 4% from the previous year's period, and that was far better than the steep decline that many investors had expected. More importantly for the future, Deere saw some improvement in conditions in the hard-hit farm sector. Past trade tensions between the U.S. and China had a huge negative impact on farmers, and so the phase 1 agreement and other signs of reconciliation have boosted confidence somewhat. Deere's outlook forecast more challenges ahead, including projected 5% to 10% declines in sales of agriculture and turf equipment and 10% to 15% drops in construction and forestry equipment revenue. But with some seeing potential signs of a bottom for the heavy equipment industry coming soon, Deere shareholders are celebrating early. Zscaler weighs in Shares of Zscaler dropped 14% following the cloud-based cybersecurity provider's fiscal second-quarter financial report. Despite continued growth, Zscaler wasn't able to deliver the pace of gains that investors wanted to see. Many companies would drool over the revenue growth that Zscaler was able to post. Overall revenue rose 36% year over year, with an 18% rise in billings and a 36% jump in deferred revenue. Adjusted net income inched higher by about 4% as well. However, investors weren't entirely satisfied with Zscaler's projections for the near future. Fiscal Q3 revenue of between $105 million and $107 million would be only slightly higher than Q2's sales, and adjusted earnings projections of $0.01 to $0.03 per share next quarter and $0.14 to $0.16 per share for the full 2020 fiscal year didn't give investors the growth trajectory they'd hoped to see. This isn't the first time that Zscaler has had difficulty matching up to the high expectations of shareholders. With investors getting pickier about making sure that the high-growth companies they follow look likely to sustain that growth well into the future, it'll be up to Zscaler to prove to its shareholders that it has what it takes to succeed in the long run. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Dan Caplinger has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Zscaler. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Deere (NYSE: DE) saw favorable results that lifted investors' spirits, but tech upstart Zscaler (NASDAQ: ZS) wasn't as fortunate, failing to give shareholders the positive picture they'd hoped to see. With investors getting pickier about making sure that the high-growth companies they follow look likely to sustain that growth well into the future, it'll be up to Zscaler to prove to its shareholders that it has what it takes to succeed in the long run. The S&P 500 (SNPINDEX: ^GSPC) fell 29 points to 3,344, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 115 points to 9,636.
Deere gets help from the farm Shares of Deere were up 8% after the heavy equipment manufacturer reported its fiscal first-quarter financial results. Deere's revenue for the period was down 4% year over year, with a 6% drop in sales from equipment operations leading the way lower. The S&P 500 (SNPINDEX: ^GSPC) fell 29 points to 3,344, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 115 points to 9,636.
Deere (NYSE: DE) saw favorable results that lifted investors' spirits, but tech upstart Zscaler (NASDAQ: ZS) wasn't as fortunate, failing to give shareholders the positive picture they'd hoped to see. * David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! The S&P 500 (SNPINDEX: ^GSPC) fell 29 points to 3,344, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 115 points to 9,636.
After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. The S&P 500 (SNPINDEX: ^GSPC) fell 29 points to 3,344, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was off 115 points to 9,636. Even amid virus fears, shareholders continued to respond to news affecting individual stocks.
057fa797-273e-44d7-9e1a-6a2c527189c4
721713.0
2020-02-21 00:00:00 UTC
4 Top Stock Trades for Monday: WORK, GLD, DE, DBX
DE
https://www.nasdaq.com/articles/4-top-stock-trades-for-monday%3A-work-gld-de-dbx-2020-02-21
nan
nan
Stocks are under pressure on Friday, falling as coronavirus worries continue to weigh on equities and drive up safe-haven plays. That said, here’s a look at some top stock trades for next week. Top Stock Trades for Tomorrow No. 1: Slack (WORK) Source: Chart courtesy of StockCharts.com Slack (NYSE:) is up more than 2% on the day, despite jumping more than 6% in pre-market trading on reports that Uber (NYSE:) will move all of its employees onto the platform. WORK has had momentum after similar reports of IBM (NYSE:) doing the same thing earlier this month. Slack’s rally drew in sellers on Friday, but the stock is still looking better overall. Earlier this month, Slack broke out over the 100-day moving average, then held this mark as support on a pullback. A few days later, it pushed above the $26 IPO price. Now, investors want to see it hold up above the $26 to $27 area. Above keeps Friday’s high of day and $30-plus on the table. Below this area and the 20-day moving average, though, and the 50-day and 100-day moving averages are on the table, with both near $23. Top Stock Trades for Tomorrow No. 2: Gold ETF (GLD) Source: Chart courtesy of StockCharts.com The SPDR Gold Trust ETF (NYSEARCA:) remains red hot, as investors continue the flight-to-safety trade even as equities have done well the last few months. With Friday’s gap up, the GLD is hitting new 52-week highs, while sporting an overbought condition on the relative strength index (RSI). The move caps six straight sessions with a gain, as GLD broke out over $150 this week. Just because shares are overbought, doesn’t mean the stock can’t run higher possibly to $160. However, investors may prefer to wait for a dip. Preferably, a drop down to the $150 breakout mark will be met with support — a strong sign that bulls are still in control. It would also be attractive to see the 20-day moving average hold as support. Below both measures puts the 50-day moving average on the table. Top Stock Trades for Tomorrow No. 3: Deere (DE) Source: Chart courtesy of StockCharts.com Shares of Deere (NYSE:) are hitting new annual highs on Friday, after surprisingly better-than-expected quarterly results. The stock is pushing through recent resistance near $177, but struggling to hold its gains above this mark. Above resistance puts a move up to $185-plus on the table. However, failure to close over resistance keeps downside levels in the realm of possibilities too. That would first put the 10-week moving average on the table near $172, followed by a slightly deeper dip down to the $161 to $163 area. There, Deere will find the 50-week moving average and uptrend support (blue line). After such a favorable reaction to earnings, I wouldn’t normally look for such a pullback. But when considering current resistance along with the possibility of a larger market correction, these downside marks become possible. Overall, just stay open-minded and flexible. Let price be the guide, not opinion. Top Stock Trades for Tomorrow No. 4: Dropbox (DBX) Source: Chart courtesy of StockCharts.com Bucking the trend on Friday is Dropbox (NASDAQ:), which is up 23% at one point after reporting earnings. The charts for this one are really interesting. With the move, shares are ripping through the 20-week moving average — which roughly translates to the 100-day moving average. This measure has been resistance for several months now, stymieing each rally in DBX stock. Furthermore, the stock burst through the 50-week moving average and long-term downtrend resistance (blue line). One measure many investors are surely not considering is the newly established 100-week moving average, which just came into play at $23.76. Guess what Friday’s high is so far? DBX came within 4 cents of that mark. On the upside, the 100-week moving average is now the mark to clear for more upside. If it can, $26 is on the table. On the downside, though, see that $20 to $21 holds as support. $21 is the IPO price for Dropbox, while this area also marks the 50-week moving average and backside of prior downtrend resistance. The chart for DBX is my favorite from this week, purely from a technical perspective. However, that doesn’t mean it’s the best buy or anything like that. Just pure technicals that make it a fun one to study. Bret Kenwell is the manager and author of and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Top Stock Trades for Tomorrow No. Stocks are under pressure on Friday, falling as coronavirus worries continue to weigh on equities and drive up safe-haven plays. With Friday’s gap up, the GLD is hitting new 52-week highs, while sporting an overbought condition on the relative strength index (RSI).
Top Stock Trades for Tomorrow No. 1: Slack (WORK) Source: Chart courtesy of StockCharts.com Slack (NYSE:) is up more than 2% on the day, despite jumping more than 6% in pre-market trading on reports that Uber (NYSE:) will move all of its employees onto the platform. 2: Gold ETF (GLD) Source: Chart courtesy of StockCharts.com The SPDR Gold Trust ETF (NYSEARCA:) remains red hot, as investors continue the flight-to-safety trade even as equities have done well the last few months.
Top Stock Trades for Tomorrow No. $21 is the IPO price for Dropbox, while this area also marks the 50-week moving average and backside of prior downtrend resistance. Stocks are under pressure on Friday, falling as coronavirus worries continue to weigh on equities and drive up safe-haven plays.
Top Stock Trades for Tomorrow No. $21 is the IPO price for Dropbox, while this area also marks the 50-week moving average and backside of prior downtrend resistance. Stocks are under pressure on Friday, falling as coronavirus worries continue to weigh on equities and drive up safe-haven plays.
61e28043-6b11-4057-a889-f9d8c4b66e3d
721714.0
2020-02-21 00:00:00 UTC
Why Shares of Deere Are Soaring Today
DE
https://www.nasdaq.com/articles/why-shares-of-deere-are-soaring-today-2020-02-21
nan
nan
What happened Shares of Deere & Co. (NYSE: DE) traded up more than 9% on Friday after the agriculture and heavy equipment manufacturer reported better-than-expected earnings. Deere says the farm sector is stabilizing, which should help stabilize sales of the company's tractors, loaders, and other farm equipment. So what Deere reported fiscal first-quarter earnings of $1.63 per share on revenue of $7.63 billion, easily topping analyst expectations for $1.26 per share in earnings on $6.42 billion of sales. The company generated net income of $517 million in the quarter, compared to $498 million in the same three months a year prior, despite revenue falling 4% year over year. Image source: Getty Images. CEO John C. May said in a statement that the results "reflected early signs of stabilization in the U.S. farm sector," which helped to offset slower sales in the construction sector and in forestry. The results were also aided by Deere's voluntary employee reduction program, which helped drive down costs and improve flexibility. "Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports," May said. Now what Deere said it expects to generate net income of between $2.7 billion and $3.1 billion in fiscal 2020, with construction and forestry revenue expected to decline 10% to 15% and agriculture equipment sales expected to decline 5% to 10%, including the impact of currency translation. In North America, agriculture equipment sales are expected to be flat to down 5%, driven by lower demand from Canada. The company has faced headwinds including U.S./Chinese trade tensions and the threat of a recession, which cut into equipment demand from China and created uncertainty among U.S. farmers, and now must deal with the impact of the coronavirus. But Deere's results show that management is dealing with these challenges well, and the markets are responding accordingly on Friday. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
What happened Shares of Deere & Co. (NYSE: DE) traded up more than 9% on Friday after the agriculture and heavy equipment manufacturer reported better-than-expected earnings. "Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports," May said. The company has faced headwinds including U.S./Chinese trade tensions and the threat of a recession, which cut into equipment demand from China and created uncertainty among U.S. farmers, and now must deal with the impact of the coronavirus.
So what Deere reported fiscal first-quarter earnings of $1.63 per share on revenue of $7.63 billion, easily topping analyst expectations for $1.26 per share in earnings on $6.42 billion of sales. Now what Deere said it expects to generate net income of between $2.7 billion and $3.1 billion in fiscal 2020, with construction and forestry revenue expected to decline 10% to 15% and agriculture equipment sales expected to decline 5% to 10%, including the impact of currency translation. What happened Shares of Deere & Co. (NYSE: DE) traded up more than 9% on Friday after the agriculture and heavy equipment manufacturer reported better-than-expected earnings.
Now what Deere said it expects to generate net income of between $2.7 billion and $3.1 billion in fiscal 2020, with construction and forestry revenue expected to decline 10% to 15% and agriculture equipment sales expected to decline 5% to 10%, including the impact of currency translation. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Lou Whiteman has no position in any of the stocks mentioned.
Now what Deere said it expects to generate net income of between $2.7 billion and $3.1 billion in fiscal 2020, with construction and forestry revenue expected to decline 10% to 15% and agriculture equipment sales expected to decline 5% to 10%, including the impact of currency translation. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. What happened Shares of Deere & Co. (NYSE: DE) traded up more than 9% on Friday after the agriculture and heavy equipment manufacturer reported better-than-expected earnings.
a88c4890-68c0-4045-8b36-3401d1be57aa
721715.0
2020-02-21 00:00:00 UTC
Deere & Co Q1 Profit Rises; Maintains FY20 Outlook - Quick Facts
DE
https://www.nasdaq.com/articles/deere-co-q1-profit-rises-maintains-fy20-outlook-quick-facts-2020-02-21
nan
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(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the first quarter grew to $517 million or $1.63 per share from $498 million or $1.54 per share in the prior-year quarter. Net sales and revenues for the quarter declined 4 percent to $7.63 billion from $7.98 billion in the same quarter last year. On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.26 per share on revenues of $6.42 billion for the quarter. Analysts' estimates typically exclude special items. Looking ahead for fiscal 2020, the company continues to expect net income attributable to the company in a range of $2.7 billion to $3.1 billion. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the first quarter grew to $517 million or $1.63 per share from $498 million or $1.54 per share in the prior-year quarter. Analysts' estimates typically exclude special items. Net sales and revenues for the quarter declined 4 percent to $7.63 billion from $7.98 billion in the same quarter last year.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the first quarter grew to $517 million or $1.63 per share from $498 million or $1.54 per share in the prior-year quarter. Net sales and revenues for the quarter declined 4 percent to $7.63 billion from $7.98 billion in the same quarter last year. Analysts' estimates typically exclude special items.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the first quarter grew to $517 million or $1.63 per share from $498 million or $1.54 per share in the prior-year quarter. Net sales and revenues for the quarter declined 4 percent to $7.63 billion from $7.98 billion in the same quarter last year. Analysts' estimates typically exclude special items.
Analysts' estimates typically exclude special items. (RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the first quarter grew to $517 million or $1.63 per share from $498 million or $1.54 per share in the prior-year quarter. Net sales and revenues for the quarter declined 4 percent to $7.63 billion from $7.98 billion in the same quarter last year.
1d045e20-7931-4337-8a16-0869242d3ad9
721716.0
2020-02-21 00:00:00 UTC
Stock Alert: Deere & Co. (DE) Shares Hit New 52-Week High
DE
https://www.nasdaq.com/articles/stock-alert%3A-deere-co.-de-shares-hit-new-52-week-high-2020-02-21
nan
nan
(RTTNews) - Shares of Deere & Co. (DE) reached a new 52-week high of $181.55 today, after the machinery giant reported better-than-expected Q1 results. The stock has been trading between $132.68 and $181.55 in the past one year. The company reported Q1 net income of $517 million or $1.63 per share, well above the Wall Street analysts' estimate of $1.26 per share. Meanwhile, Deere's Q1 worldwide net sales and revenues decreased 4% to $7.631 billion, but surpassed analysts' estimate of $6.42 billion. "John Deere's first-quarter performance reflected early signs of stabilization in the U.S. farm sector," said John May, chief executive officer of Deere. For fiscal 2020, the company expects net income to be in the range of $2.7 billion - $3.1 billion. "Looking ahead, we are particularly encouraged by the broad use of precision technologies and believe the company is well-positioned to strengthen its leadership in this vital area," May added. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Shares of Deere & Co. (DE) reached a new 52-week high of $181.55 today, after the machinery giant reported better-than-expected Q1 results. "John Deere's first-quarter performance reflected early signs of stabilization in the U.S. farm sector," said John May, chief executive officer of Deere. "Looking ahead, we are particularly encouraged by the broad use of precision technologies and believe the company is well-positioned to strengthen its leadership in this vital area," May added.
Meanwhile, Deere's Q1 worldwide net sales and revenues decreased 4% to $7.631 billion, but surpassed analysts' estimate of $6.42 billion. (RTTNews) - Shares of Deere & Co. (DE) reached a new 52-week high of $181.55 today, after the machinery giant reported better-than-expected Q1 results. "John Deere's first-quarter performance reflected early signs of stabilization in the U.S. farm sector," said John May, chief executive officer of Deere.
Meanwhile, Deere's Q1 worldwide net sales and revenues decreased 4% to $7.631 billion, but surpassed analysts' estimate of $6.42 billion. "John Deere's first-quarter performance reflected early signs of stabilization in the U.S. farm sector," said John May, chief executive officer of Deere. (RTTNews) - Shares of Deere & Co. (DE) reached a new 52-week high of $181.55 today, after the machinery giant reported better-than-expected Q1 results.
"John Deere's first-quarter performance reflected early signs of stabilization in the U.S. farm sector," said John May, chief executive officer of Deere. (RTTNews) - Shares of Deere & Co. (DE) reached a new 52-week high of $181.55 today, after the machinery giant reported better-than-expected Q1 results. Meanwhile, Deere's Q1 worldwide net sales and revenues decreased 4% to $7.631 billion, but surpassed analysts' estimate of $6.42 billion.
7a3e7ec1-cfff-4c2e-a7b3-309d09a9bce7
721717.0
2020-02-21 00:00:00 UTC
S&P 500 Movers: DVN, DE
DE
https://www.nasdaq.com/articles/sp-500-movers%3A-dvn-de-2020-02-21
nan
nan
In early trading on Friday, shares of Deere topped the list of the day's best performing components of the S&P 500 index, trading up 9.3%. Year to date, Deere registers a 4.6% gain. And the worst performing S&P 500 component thus far on the day is Devon Energy, trading down 4.2%. Devon Energy is lower by about 18.3% looking at the year to date performance. Two other components making moves today are Cabot Oil & Gas, trading down 4.0%, and L Brands, trading up 3.4% on the day. VIDEO: S&P 500 Movers: DVN, DE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
And the worst performing S&P 500 component thus far on the day is Devon Energy, trading down 4.2%. Devon Energy is lower by about 18.3% looking at the year to date performance. VIDEO: S&P 500 Movers: DVN, DE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In early trading on Friday, shares of Deere topped the list of the day's best performing components of the S&P 500 index, trading up 9.3%. Year to date, Deere registers a 4.6% gain. And the worst performing S&P 500 component thus far on the day is Devon Energy, trading down 4.2%.
In early trading on Friday, shares of Deere topped the list of the day's best performing components of the S&P 500 index, trading up 9.3%. And the worst performing S&P 500 component thus far on the day is Devon Energy, trading down 4.2%. Year to date, Deere registers a 4.6% gain.
And the worst performing S&P 500 component thus far on the day is Devon Energy, trading down 4.2%. Devon Energy is lower by about 18.3% looking at the year to date performance. VIDEO: S&P 500 Movers: DVN, DE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
fed7a1e2-19bb-45b0-b84d-ede175f2b0f7
721718.0
2020-02-20 00:00:00 UTC
Notable Thursday Option Activity: DE, AZO, MA
DE
https://www.nasdaq.com/articles/notable-thursday-option-activity%3A-de-azo-ma-2020-02-20
nan
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Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 11,965 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 82.9% of DE's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $160 strike put option expiring February 21, 2020, with 1,110 contracts trading so far today, representing approximately 111,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $160 strike highlighted in orange: AutoZone, Inc. (Symbol: AZO) options are showing a volume of 1,927 contracts thus far today. That number of contracts represents approximately 192,700 underlying shares, working out to a sizeable 81.9% of AZO's average daily trading volume over the past month, of 235,210 shares. Especially high volume was seen for the $1100 strike call option expiring February 21, 2020, with 147 contracts trading so far today, representing approximately 14,700 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $1100 strike highlighted in orange: And Mastercard Inc (Symbol: MA) saw options trading volume of 27,407 contracts, representing approximately 2.7 million underlying shares or approximately 75% of MA's average daily trading volume over the past month, of 3.7 million shares. Especially high volume was seen for the $345 strike call option expiring February 21, 2020, with 2,189 contracts trading so far today, representing approximately 218,900 underlying shares of MA. Below is a chart showing MA's trailing twelve month trading history, with the $345 strike highlighted in orange: For the various different available expirations for DE options, AZO options, or MA options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $160 strike put option expiring February 21, 2020, with 1,110 contracts trading so far today, representing approximately 111,000 underlying shares of DE. Especially high volume was seen for the $1100 strike call option expiring February 21, 2020, with 147 contracts trading so far today, representing approximately 14,700 underlying shares of AZO. Especially high volume was seen for the $345 strike call option expiring February 21, 2020, with 2,189 contracts trading so far today, representing approximately 218,900 underlying shares of MA.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 11,965 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DE's trailing twelve month trading history, with the $160 strike highlighted in orange: AutoZone, Inc. (Symbol: AZO) options are showing a volume of 1,927 contracts thus far today. Below is a chart showing AZO's trailing twelve month trading history, with the $1100 strike highlighted in orange: And Mastercard Inc (Symbol: MA) saw options trading volume of 27,407 contracts, representing approximately 2.7 million underlying shares or approximately 75% of MA's average daily trading volume over the past month, of 3.7 million shares.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 11,965 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). Especially high volume was seen for the $1100 strike call option expiring February 21, 2020, with 147 contracts trading so far today, representing approximately 14,700 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $1100 strike highlighted in orange: And Mastercard Inc (Symbol: MA) saw options trading volume of 27,407 contracts, representing approximately 2.7 million underlying shares or approximately 75% of MA's average daily trading volume over the past month, of 3.7 million shares.
Particularly high volume was seen for the $160 strike put option expiring February 21, 2020, with 1,110 contracts trading so far today, representing approximately 111,000 underlying shares of DE. Especially high volume was seen for the $1100 strike call option expiring February 21, 2020, with 147 contracts trading so far today, representing approximately 14,700 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $1100 strike highlighted in orange: And Mastercard Inc (Symbol: MA) saw options trading volume of 27,407 contracts, representing approximately 2.7 million underlying shares or approximately 75% of MA's average daily trading volume over the past month, of 3.7 million shares.
cfed93f1-abb6-4c1f-bda9-efc15ce60eb3
721719.0
2020-02-13 00:00:00 UTC
DE April 3rd Options Begin Trading
DE
https://www.nasdaq.com/articles/de-april-3rd-options-begin-trading-2020-02-13
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Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the April 3rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new April 3rd contracts and identified one put and one call contract of particular interest. The put contract at the $167.50 strike price has a current bid of $4.75. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $167.50, but will also collect the premium, putting the cost basis of the shares at $162.75 (before broker commissions). To an investor already interested in purchasing shares of DE, that could represent an attractive alternative to paying $170.12/share today. Because the $167.50 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.84% return on the cash commitment, or 20.72% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $167.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $172.50 strike price has a current bid of $4.50. If an investor was to purchase shares of DE stock at the current price level of $170.12/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $172.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.04% if the stock gets called away at the April 3rd expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.65% boost of extra return to the investor, or 19.33% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 33%, while the implied volatility in the call contract example is 30%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $170.12) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the April 3rd expiration.
Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the April 3rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new April 3rd contracts and identified one put and one call contract of particular interest.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $167.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $172.50 strike price has a current bid of $4.50. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new April 3rd contracts and identified one put and one call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options become available today, for the April 3rd expiration.
fbc0d5e7-0de1-4e34-9f25-6f5c61e96e13
721720.0
2020-02-11 00:00:00 UTC
Notable Tuesday Option Activity: RPD, DE, TGT
DE
https://www.nasdaq.com/articles/notable-tuesday-option-activity%3A-rpd-de-tgt-2020-02-11
nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rapid7 Inc (Symbol: RPD), where a total volume of 1,796 contracts has been traded thus far today, a contract volume which is representative of approximately 179,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of RPD's average daily trading volume over the past month, of 410,265 shares. Especially high volume was seen for the $60 strike call option expiring February 21, 2020, with 501 contracts trading so far today, representing approximately 50,100 underlying shares of RPD. Below is a chart showing RPD's trailing twelve month trading history, with the $60 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,611 contracts, representing approximately 661,100 underlying shares or approximately 43.6% of DE's average daily trading volume over the past month, of 1.5 million shares. Especially high volume was seen for the $150 strike put option expiring June 19, 2020, with 763 contracts trading so far today, representing approximately 76,300 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $150 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 26,298 contracts, representing approximately 2.6 million underlying shares or approximately 42.7% of TGT's average daily trading volume over the past month, of 6.2 million shares. Particularly high volume was seen for the $105 strike put option expiring April 17, 2020, with 2,205 contracts trading so far today, representing approximately 220,500 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $105 strike highlighted in orange: For the various different available expirations for RPD options, DE options, or TGT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $60 strike call option expiring February 21, 2020, with 501 contracts trading so far today, representing approximately 50,100 underlying shares of RPD. Especially high volume was seen for the $150 strike put option expiring June 19, 2020, with 763 contracts trading so far today, representing approximately 76,300 underlying shares of DE. Particularly high volume was seen for the $105 strike put option expiring April 17, 2020, with 2,205 contracts trading so far today, representing approximately 220,500 underlying shares of TGT.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rapid7 Inc (Symbol: RPD), where a total volume of 1,796 contracts has been traded thus far today, a contract volume which is representative of approximately 179,600 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing RPD's trailing twelve month trading history, with the $60 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,611 contracts, representing approximately 661,100 underlying shares or approximately 43.6% of DE's average daily trading volume over the past month, of 1.5 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $150 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 26,298 contracts, representing approximately 2.6 million underlying shares or approximately 42.7% of TGT's average daily trading volume over the past month, of 6.2 million shares.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rapid7 Inc (Symbol: RPD), where a total volume of 1,796 contracts has been traded thus far today, a contract volume which is representative of approximately 179,600 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing RPD's trailing twelve month trading history, with the $60 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,611 contracts, representing approximately 661,100 underlying shares or approximately 43.6% of DE's average daily trading volume over the past month, of 1.5 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $150 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 26,298 contracts, representing approximately 2.6 million underlying shares or approximately 42.7% of TGT's average daily trading volume over the past month, of 6.2 million shares.
Especially high volume was seen for the $60 strike call option expiring February 21, 2020, with 501 contracts trading so far today, representing approximately 50,100 underlying shares of RPD. Below is a chart showing RPD's trailing twelve month trading history, with the $60 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,611 contracts, representing approximately 661,100 underlying shares or approximately 43.6% of DE's average daily trading volume over the past month, of 1.5 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $150 strike highlighted in orange: And Target Corp (Symbol: TGT) saw options trading volume of 26,298 contracts, representing approximately 2.6 million underlying shares or approximately 42.7% of TGT's average daily trading volume over the past month, of 6.2 million shares.
446cb98a-53bb-4a34-9ffa-26fdb60cbffc
721721.0
2020-02-03 00:00:00 UTC
Noteworthy Monday Option Activity: DE, TGT, GS
DE
https://www.nasdaq.com/articles/noteworthy-monday-option-activity%3A-de-tgt-gs-2020-02-03
nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 8,199 contracts have traded so far, representing approximately 819,900 underlying shares. That amounts to about 53.2% of DE's average daily trading volume over the past month of 1.5 million shares. Particularly high volume was seen for the $162.50 strike call option expiring February 07, 2020, with 728 contracts trading so far today, representing approximately 72,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: Target Corp (Symbol: TGT) saw options trading volume of 33,856 contracts, representing approximately 3.4 million underlying shares or approximately 52.7% of TGT's average daily trading volume over the past month, of 6.4 million shares. Especially high volume was seen for the $122 strike call option expiring March 13, 2020, with 3,246 contracts trading so far today, representing approximately 324,600 underlying shares of TGT. Below is a chart showing TGT's trailing twelve month trading history, with the $122 strike highlighted in orange: And Goldman Sachs Group Inc (the (Symbol: GS) options are showing a volume of 17,443 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 52% of GS's average daily trading volume over the past month, of 3.4 million shares. Particularly high volume was seen for the $245 strike call option expiring February 07, 2020, with 1,108 contracts trading so far today, representing approximately 110,800 underlying shares of GS. Below is a chart showing GS's trailing twelve month trading history, with the $245 strike highlighted in orange: For the various different available expirations for DE options, TGT options, or GS options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $162.50 strike call option expiring February 07, 2020, with 728 contracts trading so far today, representing approximately 72,800 underlying shares of DE. Especially high volume was seen for the $122 strike call option expiring March 13, 2020, with 3,246 contracts trading so far today, representing approximately 324,600 underlying shares of TGT. Particularly high volume was seen for the $245 strike call option expiring February 07, 2020, with 1,108 contracts trading so far today, representing approximately 110,800 underlying shares of GS.
Particularly high volume was seen for the $162.50 strike call option expiring February 07, 2020, with 728 contracts trading so far today, representing approximately 72,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: Target Corp (Symbol: TGT) saw options trading volume of 33,856 contracts, representing approximately 3.4 million underlying shares or approximately 52.7% of TGT's average daily trading volume over the past month, of 6.4 million shares. Particularly high volume was seen for the $245 strike call option expiring February 07, 2020, with 1,108 contracts trading so far today, representing approximately 110,800 underlying shares of GS.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 8,199 contracts have traded so far, representing approximately 819,900 underlying shares. Particularly high volume was seen for the $162.50 strike call option expiring February 07, 2020, with 728 contracts trading so far today, representing approximately 72,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: Target Corp (Symbol: TGT) saw options trading volume of 33,856 contracts, representing approximately 3.4 million underlying shares or approximately 52.7% of TGT's average daily trading volume over the past month, of 6.4 million shares.
Particularly high volume was seen for the $162.50 strike call option expiring February 07, 2020, with 728 contracts trading so far today, representing approximately 72,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: Target Corp (Symbol: TGT) saw options trading volume of 33,856 contracts, representing approximately 3.4 million underlying shares or approximately 52.7% of TGT's average daily trading volume over the past month, of 6.4 million shares. Below is a chart showing GS's trailing twelve month trading history, with the $245 strike highlighted in orange: For the various different available expirations for DE options, TGT options, or GS options, visit StockOptionsChannel.com.
e36b582f-20a9-47e5-b622-9d7c7c9ad710
721722.0
2020-02-02 00:00:00 UTC
The Janitor Who Became A Multi-Millionaire by Retirement
DE
https://www.nasdaq.com/articles/the-janitor-who-became-a-multi-millionaire-by-retirement-2020-02-02
nan
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A community in Vermont was surprised in 2015 when Ronald Read, a retired gas station attendant and janitor, turned out to have been worth nearly $8 million upon his death -- and left about $5 million to his local library and hospital. How Read amassed such a vast sum may or may not surprise you, but you probably will be surprised that someone of modest means, who didn't have a fancy job, could grow so wealthy. You may also be happy to learn that the strategies he employed are ones we can use, too. Image source: Getty Images. Ronald Read's long life -- he lived to 92 -- saw him doing many things that many financial experts recommend. Here's a closer look at how he got so rich. He was patient For starters, he was patient. Read's wealth grew over many decades, via the power of compounding. Here's a simplified example, to help you appreciate the power of time and patience: Imagine that he was earning an annual growth rate of 10%. When he had amassed, say, $500,000, 10% of that would be a $50,000 gain for the year, taking him to $550,000. When he hit $1 million, though, a 10% gain would get him $100,000, taking him to $1.1 million. At the $3 million point, a 10% gain would be worth a whopping $300,000, and at $5 million, it would generate a whole half-million dollars. He lived below his means Ronald Read lived below his means -- way below them. He drove an old, inexpensive car, and kept his old coat together with safety pins. He didn't dine out frequently, except for inexpensive breakfasts at his local hospital's café. He looked more down-on-his-luck than wealthy, leading one neighbor to knit him a hat and another to pay for his meal. When visiting his lawyer, it's reported that he would park fairly far away and take a longer walk than necessary to avoid having to put change in a parking meter. His recreation wasn't costly, either. Instead of paying for time on golf courses or travel, Mr. Read enjoyed chopping wood -- which also saved him some money for heating. He also avoided buying too many books by patronizing the local library. You don't necessarily have to live as far below your means as Mr. Read did. You can simply be frugal and spend a good sum less than you bring in -- and in the process, build meaningful wealth. But if you choose to employ some extreme frugality, you can really grow your money even more powerfully. He invested in stocks Next, Mr. Read invested in stocks. That's rather important, because the stock market is one of the most powerful ways to build wealth. Check out the long-term growth rate for stocks vs. some common alternatives in the table below. It reflects returns from 1871 to 2012 compiled by Wharton Business School professor Jeremy Siegel: ASSET CLASS ANNUALIZED NOMINAL RETURN Stocks 8.1% Bonds 5.1% Bills 4.2% Gold 2.1% U.S. Dollar 1.4% Source: Stocks for the Long Run by Jeremy Siegel. Mr. Read also invested effectively. His portfolio featured many familiar blue-chip names, such as Procter & Gamble, JPMorgan Chase, General Electric, and Dow -- companies he'd stayed invested in for many years. He also held significant positions in companies such as AT&T, J.M. Smucker, CVS Health, Bank of America, General Motors, Deere, and Johnson & Johnson. You could study and select individual stocks on your own, as Read did, but you don't have to go that far. You can do quite well over the long haul by just sticking with low-fee, broad-market index funds, such as one that tracks the S&P 500 index of 500 of America's biggest companies. Index funds are no kind of lame compromise -- they tend to handily outperform most mutual funds actively managed by financial professionals: As of the middle of 2019, over the past 15 years, the S&P 500 outperformed fully 90% of large-cap stock mutual funds. Good index-fund candidates for your portfolio include the SPDR S&P 500 ETF (SPY), Vanguard Total Stock Market ETF (VTI), and Vanguard Total World Stock ETF (VT). Image source: Getty Images. He invested in dividend-paying stocks You may have noticed that the blue-chip companies above generally pay dividends. Keeping a good portion of your assets in dividend-paying stocks tends to lead to better results than avoiding dividend payers, as various studies have shown. For example, Researchers Eugene Fama and Kenneth French, studying data from 1927 to 2014, found that dividend payers outperformed non-payers, averaging 10.4% annual growth vs. 8.5%. That's a meaningful difference. Imagine Read's portfolio. If, when it was worth $2 million, its overall average dividend yield was 3.5%, he would be collecting $70,000 from those holdings in a single year -- that's money he could redeploy into more growing shares of stock. When the portfolio was worth $5 million, an overall 3.5% yield would deliver $175,000. Better still, that income would be on top of stock price appreciation, and dividend payouts tend to be increased over time. Dividends are powerful. He aimed to buy and hold Mr. Read also benefited because he was aiming to buy and hold, for the long term. That doesn't necessarily mean that one never sells -- it's good to keep up with your holdings and to sell when they are no longer promising. But you should aim to buy and hold, ideally for many years. He didn't retire early If you're aiming to be a multimillionaire (or just a millionaire), you might want to give up dreams of retiring early. Read was able to amass nearly $8 million in part by working a lot, even if he didn't earn high salaries. That steady income -- he retired at age 76 -- meant that he always had extra cash to invest. He actually did retire from his gas-station-attendant job at one point, only to go back to work later, as a janitor. Many people find that retirement is a bit more boring than expected, and they miss the socializing and structure that a regular job offers. He kept learning Mr. Read also was a believer in learning. He made good use of his local library, and read the Wall Street Journal regularly. The more you know about investing (and beyond), the better investor you'll likely be. He didn't do everything perfectly Finally, note that just like all of us, Ronald Read didn't do everything perfectly. Some of his investments went south, or even belly up -- Lehman Brothers is one example. Also, he held about 95 or more stocks when he died -- that's a lot to keep up with and is far more than a more manageable 10 to 20 stocks. After all, it's generally best to focus your money on your best ideas, not spread it far and wide. If you're not going to follow your holdings closely and don't have great confidence, holding more can be safer, and favoring index funds can be better still. Overall, though, know that Mr. Read's example is one we all can follow to some degree, and it can help us amass greater wealth. If you can sock away $500 per month for 50 years and you average annual growth of 8%, you can amass more than $3.5 million -- which is pretty good! The $16,728 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies. Selena Maranjian owns shares of AT&T, Johnson & Johnson, JPMorgan Chase, and Procter & Gamble. The Motley Fool recommends CVS Health and Johnson & Johnson. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
For example, Researchers Eugene Fama and Kenneth French, studying data from 1927 to 2014, found that dividend payers outperformed non-payers, averaging 10.4% annual growth vs. 8.5%. If, when it was worth $2 million, its overall average dividend yield was 3.5%, he would be collecting $70,000 from those holdings in a single year -- that's money he could redeploy into more growing shares of stock. A community in Vermont was surprised in 2015 when Ronald Read, a retired gas station attendant and janitor, turned out to have been worth nearly $8 million upon his death -- and left about $5 million to his local library and hospital.
Good index-fund candidates for your portfolio include the SPDR S&P 500 ETF (SPY), Vanguard Total Stock Market ETF (VTI), and Vanguard Total World Stock ETF (VT). For example, Researchers Eugene Fama and Kenneth French, studying data from 1927 to 2014, found that dividend payers outperformed non-payers, averaging 10.4% annual growth vs. 8.5%. A community in Vermont was surprised in 2015 when Ronald Read, a retired gas station attendant and janitor, turned out to have been worth nearly $8 million upon his death -- and left about $5 million to his local library and hospital.
A community in Vermont was surprised in 2015 when Ronald Read, a retired gas station attendant and janitor, turned out to have been worth nearly $8 million upon his death -- and left about $5 million to his local library and hospital. If, when it was worth $2 million, its overall average dividend yield was 3.5%, he would be collecting $70,000 from those holdings in a single year -- that's money he could redeploy into more growing shares of stock. How Read amassed such a vast sum may or may not surprise you, but you probably will be surprised that someone of modest means, who didn't have a fancy job, could grow so wealthy.
He invested in dividend-paying stocks You may have noticed that the blue-chip companies above generally pay dividends. A community in Vermont was surprised in 2015 when Ronald Read, a retired gas station attendant and janitor, turned out to have been worth nearly $8 million upon his death -- and left about $5 million to his local library and hospital. How Read amassed such a vast sum may or may not surprise you, but you probably will be surprised that someone of modest means, who didn't have a fancy job, could grow so wealthy.
c776d3d2-db98-4f89-83f2-833fe8ecbb2c
721723.0
2020-01-31 00:00:00 UTC
Relative Strength Alert For Deere
DE
https://www.nasdaq.com/articles/relative-strength-alert-for-deere-2020-01-31
nan
nan
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Deere & Co. (Symbol: DE) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Deere & Co. an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of DE entered into oversold territory, changing hands as low as $159.13 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Deere & Co., the RSI reading has hit 29.9 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 45.4. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, DE's recent annualized dividend of 3.04/share (currently paid in quarterly installments) works out to an annual yield of 1.89% based upon the recent $161.11 share price. A bullish investor could look at DE's 29.9 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DE is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. Click here to find out what 9 other oversold dividend stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. A bullish investor could look at DE's 29.9 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. In the case of Deere & Co., the RSI reading has hit 29.9 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 45.4. Indeed, DE's recent annualized dividend of 3.04/share (currently paid in quarterly installments) works out to an annual yield of 1.89% based upon the recent $161.11 share price.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. In the case of Deere & Co., the RSI reading has hit 29.9 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 45.4. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DE is its dividend history.
A stock is considered to be oversold if the RSI reading falls below 30. In the case of Deere & Co., the RSI reading has hit 29.9 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 45.4. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DE is its dividend history.
70bf6818-dc66-4335-9479-aa95cc687776
721724.0
2020-01-29 00:00:00 UTC
7 Industries Using AI to Benefit Shareholders Around the World
DE
https://www.nasdaq.com/articles/7-industries-using-ai-to-benefit-shareholders-around-the-world-2020-01-29
nan
nan
At the end of 2019, BlueDot, a Toronto-based company specializing in infectious disease surveillance using let its customers know about the Wuhan coronavirus outbreak in China. That was a full week ahead of the U.S. Center for Disease Control and Prevention, which let Americans know on Jan. 6, and nine days ahead of the World Health Organization on Jan. 9. More than 100 people have died from the coronavirus worldwide. While the virus continues to spread, BlueDot was able to prevent its customers from exposing themselves to any issues before the outbreak had left China and traveled by plane to North America. BlueDot founder Kamran Khan founded the company in 2014 after seeing first hand what the SARS epidemic did to Toronto a decade earlier. “In 2003, I watched the virus overwhelm the city and cripple the hospital. There was an enormous amount of mental and physical fatigue, and I thought, ‘Let’s not do this again,’” Khan stated in a recent article for Wired. Healthcare is an excellent example of how AI can change and disrupt an industry for the better. Here are seven more examples of companies using AI to benefit their shareholders and the rest of the world. Household Products: Unilever (UL) Source: JHVEPhoto/Shutterstock.com On the surface, a company like Unilever (NYSE:), which makes household products such as Dove soap, Hellmann’s mayonnaise and Lipton tea, hardly seems like a suitable beneficiary of AI. However, the company gathers so much data from its 25 global brands. AI and machine learning is the only way it can cut through the noise. Harvard’s Extension School for Professional Development discussed the business applications for artificial intelligence in a 2019 blog post. The Netherlands-based company was a big part of this discussion. “One company that’s successfully integrated AI tech into multiple aspects of its business is Unilever, a consumer goods corporation. In addition to streamlining hiring and onboarding, get the most out of its vast amounts of data,” the blog post stated. And according to this blog post, which featured Nexus FrontierTech co-founder Mark Esposito, AI helped Unilever with some difficult challenges. “Data informs much of what Unilever does, from demand forecasts to marketing analytics. The company observed that their data sources were coming from varying interfaces and APIs, according to . This both hindered access and made the data unreliable.” To overcome this problem, Unilever worked with Microsoft’s (NASDAQ:) Power BI tool. It collected both internal and external data to store on its own platform. Then it developed that data for future analysis. Rather than waiting for technology, Unilever has sought out ways to solve problems through the use of AI. As the world of household products begins to embrace AI, Unilever will already be around the curve. It’s looking for the next industry disruption it can tackle long before the rest of its peers. That’s good news for Unilever shareholders. Entertainment: Netflix (NFLX) Source: Riccosta / Shutterstock.com Netflix (NASDAQ:) has become such an ingrained part of everyday life. We sometimes forget that the video streaming service is as much a technology company as it is an entertainment business. Netflix reported its fourth-quarter results Jan. 21 and they were better than expected, beating analyst estimates on both the top and bottom line. Although Netflix is primarily known for its use of AI to figure out what its customers want to watch, it also uses to select the specific cover art to use for each movie or TV show. That helps prevents users from aimlessly searching for content to watch. Netflix will be fine if it keeps using AI in interesting ways to distinguish itself from the many competitors that are cropping up. I continue to a lot. Farming: Deere (DE) Source: mark stephens photography / Shutterstock.com This isn’t the first time I’ve mentioned Deere (NYSE:) in an article about AI. In August 2019, I discussed how John Deere had begun to think about the future farm as far back as 2013. That’s long before artificial intelligence became a household word. Its acquisition of Blue River in 2017 has helped take the agriculture business to the next level. At CES 2020, Blue River displayed its latest high-tech gizmo to take the agriculture world by storm. Blue River created a weed control machine that uses AI powered by an Nvidia (NASDAQ:) chip. This tech helps it distinguish between weeds and crops before spraying liquid herbicide. By improving its ability to kill weeds while using as little spray as possible, it’s not only improving the quality of the harvest but doing less damage to the earth. That’s a win for farmers, consumers and shareholders. As AI technology continues to evolve, you can be sure that John Deere will be at the forefront of agriculture innovation. Eventually, investors will take notice. Consider buying now while DE stock is still in a funk. Internet Content and Information: Pinterest (PINS) Source: Nopparat Khokthong / Shutterstock.com It’s hot off the presses. Social media platform Pinterest (NYSE:) added a new feature to its app on Jan. 28 that will allow users to virtually try on lipstick before buying from beauty retailers such as Estee Lauder (NYSE:) and Sephora. Pinterest calls the new service Try on, powered by Lens, the visual search tool the company created in 2017. Lens is said to be able to recognize as a result of artificial intelligence. I continue to be amazed at how well Pinterest has integrated the smartphone camera with artificial intelligence to create shoppable pins and other customer engagement tools. “A picture is indeed worth a thousand words,” GroupM’s Global Head of Social Kieley Taylor said. “… We see significant value for brands to tap into visual search on Pinterest as it will allow wider discover by tastemakers and drive meaningful consumer engagements online and off.” I do too. That’s why I believed it was in December when trading under $19. At $22, it’s still a long-term buy. Credit Services: Visa (V) Source: Teerawit Chankowet / Shutterstock.com Visa (NYSE:) processes more than 100 billion transactions each year. If you’ve ever had a card compromised, you know how much legwork is involved in keeping those payments secure. According to Visa’s Chief Information Security Officer Sunil Seshadri, the company logs as many as 8 billion security events each day. While many of these events don’t result in intrusions, the incredible amount of data that passes over its network makes it difficult to tell the good guys from the cyber thieves. For this reason, it uses AI to find malware, that if undetected, could result in a successful breach. While it’s impossible to protect against all intrusions, AI has become a much faster way to separate the wheat from the chaff. It also helps ensure that Visa’s network continues to perform flawlessly, keeping the hackers at bay. I see Visa’s use of AI as just another way to keep a wide moat in the financial services industry. Internet Retail: Amazon (AMZN) Source: Jonathan Weiss / Shutterstock.com Although Amazon (NASDAQ:) is known to most people for its e-commerce business, it could just as easily be considered a company that specializes in AI. In July 2018, Forbes’ Blake Morgan wrote about how the company reorganized itself around AI and machine learning. “ at Amazon, and information is spread throughout departments,” Morgan wrote. “Machine learning technology is used by the product recommendation team to improve its product forecasts, and those insights are shared throughout the company.” Everything Amazon does has an AI bent to it because CEO Jeff Bezos knows the faster it can sift through all of the data generated by this global business, the quicker it can figure out what the customer wants next. Right now, super-fast delivery options seem to be the hot button for consumers. Naturally, are a big part of how it’s able to keep up with same-day and one-day delivery schedules. Amazon’s spending heavily on technology right now and AI is a big part of that. And I’d expect that’s not going to change for the foreseeable future. That’s good news for owners of AMZN stock. Education: Quizlet Source: STEFANY LUNA DE LINZY / Shutterstock.com While most InvestorPlace articles relate to public companies, it’s always nice to include a tidbit or two about private companies. In the case of Quizlet, a San Francisco-based provider of online studying tools that include quizzes, flashcards and diagrams, it uses artificial intelligence to understand how students can study more effectively. Since many students are prone to studying at the last minute, Quizlet came up with a Learning Assistant Platform that figures out which terms individual students are likely to forget. Quizlet has more than in over 130 countries. And these users have access to more than 300 million study sets. One of the company’s primary products is , which provides a free customized study plan for students based on billions of anonymous study sessions its AI-powered platform has analyzed. While it’s a known commodity in the education world, I doubt we’ll see Quizlet going public anytime soon. That said, it is working at monetizing older students who are in college and continuing education classes, so you never know. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
“… We see significant value for brands to tap into visual search on Pinterest as it will allow wider discover by tastemakers and drive meaningful consumer engagements online and off.” I do too. More than 100 people have died from the coronavirus worldwide. BlueDot founder Kamran Khan founded the company in 2014 after seeing first hand what the SARS epidemic did to Toronto a decade earlier.
Farming: Deere (DE) Source: mark stephens photography / Shutterstock.com This isn’t the first time I’ve mentioned Deere (NYSE:) in an article about AI. More than 100 people have died from the coronavirus worldwide. BlueDot founder Kamran Khan founded the company in 2014 after seeing first hand what the SARS epidemic did to Toronto a decade earlier.
Internet Retail: Amazon (AMZN) Source: Jonathan Weiss / Shutterstock.com Although Amazon (NASDAQ:) is known to most people for its e-commerce business, it could just as easily be considered a company that specializes in AI. More than 100 people have died from the coronavirus worldwide. BlueDot founder Kamran Khan founded the company in 2014 after seeing first hand what the SARS epidemic did to Toronto a decade earlier.
That’s good news for Unilever shareholders. More than 100 people have died from the coronavirus worldwide. BlueDot founder Kamran Khan founded the company in 2014 after seeing first hand what the SARS epidemic did to Toronto a decade earlier.
5bffa75b-0d07-440f-af54-32f246659f41
721725.0
2020-01-24 00:00:00 UTC
Noteworthy Friday Option Activity: TRUP, DE, TDOC
DE
https://www.nasdaq.com/articles/noteworthy-friday-option-activity%3A-trup-de-tdoc-2020-01-24
nan
nan
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Trupanion Inc (Symbol: TRUP), where a total volume of 1,374 contracts has been traded thus far today, a contract volume which is representative of approximately 137,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of TRUP's average daily trading volume over the past month, of 276,585 shares. Especially high volume was seen for the $40 strike call option expiring February 21, 2020, with 1,325 contracts trading so far today, representing approximately 132,500 underlying shares of TRUP. Below is a chart showing TRUP's trailing twelve month trading history, with the $40 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,171 contracts, representing approximately 617,100 underlying shares or approximately 49.2% of DE's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $170 strike put option expiring March 20, 2020, with 290 contracts trading so far today, representing approximately 29,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Teladoc Health Inc (Symbol: TDOC) saw options trading volume of 5,803 contracts, representing approximately 580,300 underlying shares or approximately 47.3% of TDOC's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $100 strike put option expiring March 20, 2020, with 879 contracts trading so far today, representing approximately 87,900 underlying shares of TDOC. Below is a chart showing TDOC's trailing twelve month trading history, with the $100 strike highlighted in orange: For the various different available expirations for TRUP options, DE options, or TDOC options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $40 strike call option expiring February 21, 2020, with 1,325 contracts trading so far today, representing approximately 132,500 underlying shares of TRUP. Especially high volume was seen for the $170 strike put option expiring March 20, 2020, with 290 contracts trading so far today, representing approximately 29,000 underlying shares of DE. Particularly high volume was seen for the $100 strike put option expiring March 20, 2020, with 879 contracts trading so far today, representing approximately 87,900 underlying shares of TDOC.
Below is a chart showing TRUP's trailing twelve month trading history, with the $40 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,171 contracts, representing approximately 617,100 underlying shares or approximately 49.2% of DE's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $170 strike put option expiring March 20, 2020, with 290 contracts trading so far today, representing approximately 29,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Teladoc Health Inc (Symbol: TDOC) saw options trading volume of 5,803 contracts, representing approximately 580,300 underlying shares or approximately 47.3% of TDOC's average daily trading volume over the past month, of 1.2 million shares.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Trupanion Inc (Symbol: TRUP), where a total volume of 1,374 contracts has been traded thus far today, a contract volume which is representative of approximately 137,400 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing TRUP's trailing twelve month trading history, with the $40 strike highlighted in orange: Deere & Co. (Symbol: DE) saw options trading volume of 6,171 contracts, representing approximately 617,100 underlying shares or approximately 49.2% of DE's average daily trading volume over the past month, of 1.3 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Teladoc Health Inc (Symbol: TDOC) saw options trading volume of 5,803 contracts, representing approximately 580,300 underlying shares or approximately 47.3% of TDOC's average daily trading volume over the past month, of 1.2 million shares.
Especially high volume was seen for the $40 strike call option expiring February 21, 2020, with 1,325 contracts trading so far today, representing approximately 132,500 underlying shares of TRUP. Especially high volume was seen for the $170 strike put option expiring March 20, 2020, with 290 contracts trading so far today, representing approximately 29,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Teladoc Health Inc (Symbol: TDOC) saw options trading volume of 5,803 contracts, representing approximately 580,300 underlying shares or approximately 47.3% of TDOC's average daily trading volume over the past month, of 1.2 million shares.
ffd577d0-55fe-4acd-87ab-7761049627ea
721726.0
2020-01-23 00:00:00 UTC
Interesting DE Put And Call Options For March 6th
DE
https://www.nasdaq.com/articles/interesting-de-put-and-call-options-for-march-6th-2020-01-23
nan
nan
Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the March 6th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new March 6th contracts and identified one put and one call contract of particular interest. The put contract at the $167.50 strike price has a current bid of $4.05. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $167.50, but will also collect the premium, putting the cost basis of the shares at $163.45 (before broker commissions). To an investor already interested in purchasing shares of DE, that could represent an attractive alternative to paying $170.09/share today. Because the $167.50 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.42% return on the cash commitment, or 20.52% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $167.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $172.50 strike price has a current bid of $3.95. If an investor was to purchase shares of DE stock at the current price level of $170.09/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $172.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.74% if the stock gets called away at the March 6th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 55%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.32% boost of extra return to the investor, or 19.71% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 29%, while the implied volatility in the call contract example is 27%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $170.09) to be 25%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the March 6th expiration.
Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the March 6th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new March 6th contracts and identified one put and one call contract of particular interest.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $167.50 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $172.50 strike price has a current bid of $3.95. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new March 6th contracts and identified one put and one call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the March 6th expiration.
31fb5ddf-5a89-422f-afa5-87ba8cacf3f4
721727.0
2020-01-23 00:00:00 UTC
Is Deere's Stock Overvalued?
DE
https://www.nasdaq.com/articles/is-deeres-stock-overvalued-2020-01-23
nan
nan
Taking into account current market conditions and the company’s future growth prospects, Deere (NYSE:DE) looks overvalued. Deere is one of the leading industrial and transportation equipment companies. It manufactures agricultural, construction, and forestry machinery, diesel engines, drive-trains used in heavy equipment, and lawn care equipment, and also provides financial services and other related activities. Trefis captures the key factors that are driving our price estimate for Deere’s stock in an interactive dashboard, parts of which we highlight below. We estimate Deere’s Valuation to be $168 a share, which is roughly 5% below its current market price. You can alter the key assumptions to arrive at your own estimate for the company’s stock price using our dashboard. An Overview of Deere’s Revenues Deere’s Revenues have increased from $37.4 billion in 2018 to $39.3 billion in 2019 and is expected to decline to $36.3 billion in 2020 (Note: Deere reports on a fiscal year ending November) Deere expects a decline in sales for 2020 in both its Agriculture segment (by 5-10%) and Construction / Forestry (10-15%) on the back of declining US exports due to trade war pressures continuing in 2020. To understand how each of Deere’s operating segments has performed over the years and what is the outlook, view our dashboard analysis. Estimating Net Income Net Income increased from $2.4 billion in 2018 to $3.3 Billion in 2019. We expect net income to be around $3 billion in 2020, led by a depressed revenue level. Estimating Earnings Per Share EPS increased from $7.3 per share in 2018 to $10.1 per share in 2019, driven by a rise in net income and decreased share count. We estimate EPS to be $9.6 in 2020. EPS decline from 2019 can be attributed to lower Net Income. Share Price Estimation A trailing P/E multiple of 17.6x looks appropriate for Deere’s stock based on our detailed analysis of the company. Using this figure with our forecast of $9.57 for Deere’s EPS gives a price estimate of $168 for Deere’s stock. Additional details about how Deere’s P/E multiple compares with peers Caterpillar and 3M can be found in our interactive dashboard. See all Trefis Price Estimates and Download Trefis Data here What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Taking into account current market conditions and the company’s future growth prospects, Deere (NYSE:DE) looks overvalued. Trefis captures the key factors that are driving our price estimate for Deere’s stock in an interactive dashboard, parts of which we highlight below. Share Price Estimation A trailing P/E multiple of 17.6x looks appropriate for Deere’s stock based on our detailed analysis of the company.
Trefis captures the key factors that are driving our price estimate for Deere’s stock in an interactive dashboard, parts of which we highlight below. An Overview of Deere’s Revenues Deere’s Revenues have increased from $37.4 billion in 2018 to $39.3 billion in 2019 and is expected to decline to $36.3 billion in 2020 (Note: Deere reports on a fiscal year ending November) Deere expects a decline in sales for 2020 in both its Agriculture segment (by 5-10%) and Construction / Forestry (10-15%) on the back of declining US exports due to trade war pressures continuing in 2020. Taking into account current market conditions and the company’s future growth prospects, Deere (NYSE:DE) looks overvalued.
An Overview of Deere’s Revenues Deere’s Revenues have increased from $37.4 billion in 2018 to $39.3 billion in 2019 and is expected to decline to $36.3 billion in 2020 (Note: Deere reports on a fiscal year ending November) Deere expects a decline in sales for 2020 in both its Agriculture segment (by 5-10%) and Construction / Forestry (10-15%) on the back of declining US exports due to trade war pressures continuing in 2020. Estimating Earnings Per Share EPS increased from $7.3 per share in 2018 to $10.1 per share in 2019, driven by a rise in net income and decreased share count. Using this figure with our forecast of $9.57 for Deere’s EPS gives a price estimate of $168 for Deere’s stock.
Trefis captures the key factors that are driving our price estimate for Deere’s stock in an interactive dashboard, parts of which we highlight below. EPS decline from 2019 can be attributed to lower Net Income. Share Price Estimation A trailing P/E multiple of 17.6x looks appropriate for Deere’s stock based on our detailed analysis of the company.
706a3ce6-584f-4a1e-b114-0c20ee7793fa
721728.0
2020-01-21 00:00:00 UTC
DE Crosses Above Average Analyst Target
DE
https://www.nasdaq.com/articles/de-crosses-above-average-analyst-target-2020-01-21
nan
nan
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.00, changing hands for $176.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 14 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $140.00. And then on the other side of the spectrum one analyst has a target as high as $200.00. The standard deviation is $17.759. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $176.00/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $176.00 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Deere & Co.: RECENT DE ANALYST RATINGS BREAKDOWN » Current 1 Month Ago 2 Month Ago 3 Month Ago Strong buy ratings: 7 7 6 7 Buy ratings: 2 2 2 2 Hold ratings: 6 6 7 6 Sell ratings: 1 1 0 0 Strong sell ratings: 1 1 1 1 Average rating: 2.21 2.21 2.22 2.09 The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DE — FREE. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.00, changing hands for $176.20/share. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $176.00/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $176.00 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.00, changing hands for $176.20/share. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. And so with DE crossing above that average target price of $176.00/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $176.00 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $176.00, changing hands for $176.20/share.
Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 14 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. And then on the other side of the spectrum one analyst has a target as high as $200.00.
5300d040-ae70-4499-87c0-558bf891a1f3
721729.0
2020-01-21 00:00:00 UTC
What to Expect From the Manufacturing Sector This Earnings Season
DE
https://www.nasdaq.com/articles/what-to-expect-from-the-manufacturing-sector-this-earnings-season-2020-01-21
nan
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With earnings season just around the corner, investors are studying the companies that report early, hoping to get a sense of things to come. One such company is MSC Industrial Direct (NYSE: MSM). Because it's an industrial supply company with short sales cycles, its revenue is always going to be closely tied to current conditions in manufacturing, so let's take a look at what its earnings said about what to expect. Image source: Getty Images. Expect uncertainty There are four key takeaways for the industrial sector from MSC's earnings presentations: The first quarter is likely to be a weak one, and the trend downwards is likely to continue. For timing reasons, December was an unusual month for manufacturing companies, and as a result some may find it hard to ascertain a trend in their sales. The industrial sector is experiencing broad-based weakness, with particular softness in the usual suspects like automotive, heavy truck, and agriculture. Aerospace remains "relatively strong" according to CEO Erik Gershwind on theearnings call but the suspension of Boeing (NYSE: BA) 737 MAX production could have a negative impact. Weak trends Frankly, it's no secret that the manufacturing sector will be weak in the first half. Indeed, the best bullish case for the industrial sector in 2020 is built on the idea that the second half will start to see sales trends turning upward while valuations of some stocks in the sector are favorable. Of course, if you buy into this thesis, you have to be prepared for some potentially negative news in the near term. For example, here's a look at MSC's monthly average daily sales (ADS) growth. Moreover, management's guidance is for ADS to decline by 1.5% to 3.5% in the first quarter, with January and February down 2.9% on average. Data source: MSC Industrial Direct. YOY = year over year. Earnings guidance could be mixed The environment is getting worse in the near term, and unfortunately the optics on the first quarter could be murky. One issue that could complicate guidance for many companies comes from the fact that Christmas and New Year fell on Wednesdays. This led to MSC's having one fewer sales day in December and "acute softness" in sales in the last two weeks, according to Gershwind. These factors are likely to lead to some confusion as to the true strength of many industrial companies in December, so look out for some varied commentary on business trends exiting the quarter. Automotive, trucking, agriculture, and oil and gas will be weak spots All of these industries have experienced weakness in the second half of 2019, and that looks likely to persist at least into the first half of 2020. Gershwind called them out as being acutely weak, so investors can look forward to a slew of negative commentary on these industries in the coming earnings season. First signs of weakness in aerospace One of the few bright spots in the industrial sector in 2019, the aerospace sector has been one of the "go-to" areas of investment in the last year or so. Many of the best manufacturing stocks in 2019 were in this sector (defense was also strong). That said, the decision to halt production of the 737 MAX while Boeing waits for approval for its return to service looks likely to hit some companies in the first quarter. It's important to distinguish between the aftermarket and original equipment manufacturer (OEM) in aerospace -- it's companies exposed to the latter that are likely to be affected. Aftermarket companies might actually see some benefit as airlines make plans to use older aircraft more while they wait for the 737 MAX to return to service. What it all means for investors Based on MSC Industrial's earnings report and guidance, investors in the sector should brace themselves for some disappointing commentary on first-quarter trading, with much of it coming from automotive, trucking, and heavy industries in general, and possibly some coming from aerospace, too. True believers in the second-half recovery thesis will use any negative reaction as an opportunity to buy into the stocks in the affected sectors, while the doubters may well sell out. 10 stocks we like better than MSC Industrial Direct When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and MSC Industrial Direct wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool owns shares of MSC Industrial Direct. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
These factors are likely to lead to some confusion as to the true strength of many industrial companies in December, so look out for some varied commentary on business trends exiting the quarter. For timing reasons, December was an unusual month for manufacturing companies, and as a result some may find it hard to ascertain a trend in their sales. Indeed, the best bullish case for the industrial sector in 2020 is built on the idea that the second half will start to see sales trends turning upward while valuations of some stocks in the sector are favorable.
For timing reasons, December was an unusual month for manufacturing companies, and as a result some may find it hard to ascertain a trend in their sales. Indeed, the best bullish case for the industrial sector in 2020 is built on the idea that the second half will start to see sales trends turning upward while valuations of some stocks in the sector are favorable. Moreover, management's guidance is for ADS to decline by 1.5% to 3.5% in the first quarter, with January and February down 2.9% on average.
Indeed, the best bullish case for the industrial sector in 2020 is built on the idea that the second half will start to see sales trends turning upward while valuations of some stocks in the sector are favorable. For timing reasons, December was an unusual month for manufacturing companies, and as a result some may find it hard to ascertain a trend in their sales. Moreover, management's guidance is for ADS to decline by 1.5% to 3.5% in the first quarter, with January and February down 2.9% on average.
For timing reasons, December was an unusual month for manufacturing companies, and as a result some may find it hard to ascertain a trend in their sales. Indeed, the best bullish case for the industrial sector in 2020 is built on the idea that the second half will start to see sales trends turning upward while valuations of some stocks in the sector are favorable. Moreover, management's guidance is for ADS to decline by 1.5% to 3.5% in the first quarter, with January and February down 2.9% on average.
ce76ad3f-7000-4a78-9906-8f4f7235f39c
721730.0
2020-01-16 00:00:00 UTC
Noteworthy ETF Inflows: COMT, BHP, DE, SHW
DE
https://www.nasdaq.com/articles/noteworthy-etf-inflows%3A-comt-bhp-de-shw-2020-01-16
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Commodities Select Strategy ETF (Symbol: COMT) where we have detected an approximate $146.4 million dollar inflow -- that's a 38.1% increase week over week in outstanding units (from 11,800,000 to 16,300,000). Among the largest underlying components of COMT, in trading today BHP Group Ltd (Symbol: BHP) is up about 0.3%, Deere & Co. (Symbol: DE) is up about 0.6%, and Sherwin-Williams Co (Symbol: SHW) is up by about 0.2%. For a complete list of holdings, visit the COMT Holdings page » The chart below shows the one year price performance of COMT, versus its 200 day moving average: Looking at the chart above, COMT's low point in its 52 week range is $30.38 per share, with $34.11 as the 52 week high point — that compares with a last trade of $32.59. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
For a complete list of holdings, visit the COMT Holdings page » The chart below shows the one year price performance of COMT, versus its 200 day moving average: Looking at the chart above, COMT's low point in its 52 week range is $30.38 per share, with $34.11 as the 52 week high point — that compares with a last trade of $32.59. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Among the largest underlying components of COMT, in trading today BHP Group Ltd (Symbol: BHP) is up about 0.3%, Deere & Co. (Symbol: DE) is up about 0.6%, and Sherwin-Williams Co (Symbol: SHW) is up by about 0.2%. For a complete list of holdings, visit the COMT Holdings page » The chart below shows the one year price performance of COMT, versus its 200 day moving average: Looking at the chart above, COMT's low point in its 52 week range is $30.38 per share, with $34.11 as the 52 week high point — that compares with a last trade of $32.59. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Commodities Select Strategy ETF (Symbol: COMT) where we have detected an approximate $146.4 million dollar inflow -- that's a 38.1% increase week over week in outstanding units (from 11,800,000 to 16,300,000).
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Commodities Select Strategy ETF (Symbol: COMT) where we have detected an approximate $146.4 million dollar inflow -- that's a 38.1% increase week over week in outstanding units (from 11,800,000 to 16,300,000). For a complete list of holdings, visit the COMT Holdings page » The chart below shows the one year price performance of COMT, versus its 200 day moving average: Looking at the chart above, COMT's low point in its 52 week range is $30.38 per share, with $34.11 as the 52 week high point — that compares with a last trade of $32.59. Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Commodities Select Strategy ETF (Symbol: COMT) where we have detected an approximate $146.4 million dollar inflow -- that's a 38.1% increase week over week in outstanding units (from 11,800,000 to 16,300,000). For a complete list of holdings, visit the COMT Holdings page » The chart below shows the one year price performance of COMT, versus its 200 day moving average: Looking at the chart above, COMT's low point in its 52 week range is $30.38 per share, with $34.11 as the 52 week high point — that compares with a last trade of $32.59. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
e7a2dff6-84ef-4987-8dd6-166c0c077edc
721731.0
2020-01-14 00:00:00 UTC
Noteworthy Tuesday Option Activity: DE, I, HD
DE
https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity%3A-de-i-hd-2020-01-14
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 6,452 contracts have traded so far, representing approximately 645,200 underlying shares. That amounts to about 47.5% of DE's average daily trading volume over the past month of 1.4 million shares. Particularly high volume was seen for the $177.50 strike call option expiring January 17, 2020, with 640 contracts trading so far today, representing approximately 64,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $177.50 strike highlighted in orange: Intelsat SA (Symbol: I) options are showing a volume of 27,598 contracts thus far today. That number of contracts represents approximately 2.8 million underlying shares, working out to a sizeable 47.3% of I's average daily trading volume over the past month, of 5.8 million shares. Particularly high volume was seen for the $9 strike call option expiring February 21, 2020, with 11,743 contracts trading so far today, representing approximately 1.2 million underlying shares of I. Below is a chart showing I's trailing twelve month trading history, with the $9 strike highlighted in orange: And Home Depot Inc (Symbol: HD) saw options trading volume of 23,155 contracts, representing approximately 2.3 million underlying shares or approximately 47% of HD's average daily trading volume over the past month, of 4.9 million shares. Particularly high volume was seen for the $225 strike call option expiring January 17, 2020, with 1,988 contracts trading so far today, representing approximately 198,800 underlying shares of HD. Below is a chart showing HD's trailing twelve month trading history, with the $225 strike highlighted in orange: For the various different available expirations for DE options, I options, or HD options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $177.50 strike call option expiring January 17, 2020, with 640 contracts trading so far today, representing approximately 64,000 underlying shares of DE. Particularly high volume was seen for the $9 strike call option expiring February 21, 2020, with 11,743 contracts trading so far today, representing approximately 1.2 million underlying shares of I. Particularly high volume was seen for the $225 strike call option expiring January 17, 2020, with 1,988 contracts trading so far today, representing approximately 198,800 underlying shares of HD.
Particularly high volume was seen for the $177.50 strike call option expiring January 17, 2020, with 640 contracts trading so far today, representing approximately 64,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $177.50 strike highlighted in orange: Intelsat SA (Symbol: I) options are showing a volume of 27,598 contracts thus far today. Below is a chart showing I's trailing twelve month trading history, with the $9 strike highlighted in orange: And Home Depot Inc (Symbol: HD) saw options trading volume of 23,155 contracts, representing approximately 2.3 million underlying shares or approximately 47% of HD's average daily trading volume over the past month, of 4.9 million shares.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 6,452 contracts have traded so far, representing approximately 645,200 underlying shares. Particularly high volume was seen for the $177.50 strike call option expiring January 17, 2020, with 640 contracts trading so far today, representing approximately 64,000 underlying shares of DE. Below is a chart showing I's trailing twelve month trading history, with the $9 strike highlighted in orange: And Home Depot Inc (Symbol: HD) saw options trading volume of 23,155 contracts, representing approximately 2.3 million underlying shares or approximately 47% of HD's average daily trading volume over the past month, of 4.9 million shares.
Particularly high volume was seen for the $177.50 strike call option expiring January 17, 2020, with 640 contracts trading so far today, representing approximately 64,000 underlying shares of DE. Below is a chart showing I's trailing twelve month trading history, with the $9 strike highlighted in orange: And Home Depot Inc (Symbol: HD) saw options trading volume of 23,155 contracts, representing approximately 2.3 million underlying shares or approximately 47% of HD's average daily trading volume over the past month, of 4.9 million shares. Below is a chart showing HD's trailing twelve month trading history, with the $225 strike highlighted in orange: For the various different available expirations for DE options, I options, or HD options, visit StockOptionsChannel.com.
697d32ce-2d6d-4416-8bed-1c38e8f5c667
721732.0
2020-01-04 00:00:00 UTC
7 Top Robotics Stocks to Buy in January
DE
https://www.nasdaq.com/articles/7-top-robotics-stocks-to-buy-in-january-2020-01-04
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Back in October, I took a look at investing in the robotics sector, reviewed some of the biggest robotic stocks, and picked out five stocks worthy of close consideration for investors. It's now time to reappraise the five stocks: Deere (NYSE: DE), Zebra Technologies (NASDAQ: ZBRA), Cognex (NASDAQ: CGNX), Germany's KION Group (OTC: KIGRY), and France's Dassault Systemes (OTC: DASTY), and also add two more stocks to the list -- Switzerland's ABB (NYSE: ABB) and PTC (NASDAQ: PTC). Image source: Getty Images. The two underperformers, Deere and Cognex Deere's inclusion is down to its precision agriculture solutions, which are increasingly being adopted by customers of Deere's agricultural equipment machinery. The solutions include on-board computers, telematics, and web-enabled sensors, which help farmers use automated guidance technology to manage and guide equipment. Those solutions will help drive sales in the long term, but in the near term Deere is having to deal with pressure due to farmers being cautious in spending because of the U.S.-China trade war and, arguably more importantly, the impact of African swine fever on demand for soybean meal. KIGRY data by YCharts That said, an easing of trade tensions would obviously help Deere, and in the long term U.S. farmers can export crops to markets other than China. However, if you are worried about African swine fever spreading into neighboring countries from China, Deere might be a stock to avoid in the near term. Machine vision company Cognex has also had a difficult year, at least operationally, due to a slowdown in spending on automation solutions in the automotive and consumer electronics (notably smartphones) industries -- early adopters of automation and robotics, and consequently machine vision technology. The long-term trend toward increasing penetration of automation and robotics in manufacturing is still in place and will be boosted by the increasing adoption of Internet of Things (IoT) technology -- even if 2019 was a year of synchronized, but cyclical, weakness in the automotive and consumer electronics industries. Zebra keeps running Zebra Technologies and its data capture and analysis solutions (barcode readers, scanners, and mobile computers) are an essential part of the movement toward smart manufacturing and logistics. If companies are going to increase automation and robotics spending, they are going to have to gather information in order to manage physical assets better -- that's where Zebra comes in. The company is set for another year of mid-single-digit revenue growth (more of the same is expected in 2020) and remains a prodigious cash generator -- around 15% of sales are expected to convert into free cash flow in 2020. On a P/E ratio of 18 times forward earnings Zebra still looks a good value, even if its strong rise in 2019 meant it was one of the best-performing industrial stocks in the market. Two European companies -- KION and ABB KION is No. 1 in Europe in industrial trucks (only Toyota is bigger on the global stage) and the No. 1 global provider of supply chain solutions (material handling solutions for warehouses), with a heavy focus on the U.S. -- two-thirds of its supply chain solutions go to the Americas region. Image source: Getty Images. As such, KION is a company heavily exposed to industrial spending rates and particularly the trend toward warehouse automation spending. The growth of e-fulfillment may boost warehouse automation spending, but industrial spending overall is expected to decline in 2020. Next year probably don't be a great one for the company. Analysts project revenue growth of just 1.1% next year as the industrial economy slows. Still, the company's stock now trades at 13 times 2020 earnings and 13.7 times free cash flow. For a company with long term growth prospects, that price is too cheap to ignore. ABB, one of the leading robotics manufacturers in the world, makes the list because of its potential to play catch-up on margins with its main competitors. The company has been a serial underperformer in recent years, but its management is committed to restructuring the company, cutting costs, and focusing the business on digital solutions -- meanwhile paying a hefty dividend. Cautious investors might want to avoid the stock for the moment, but over the long term it presents a value opportunity. The industrial software plays -- Dassault Systemes and PTC If companies are going to invest in smart automation, robotics, and IoT solutions, such as digital twins -- digital replicas of physical assets that can be used and simulated in order to make the physical assets run better -- they are going to need industrial software to power the process. Dassault's solutions, in common with its partner ABB, help companies design, develop, and manage the lifecycle of their products through the creation of digital twins. PTC's ThingWorx platform connects multiple devices that are capturing data and is then used to better analyze and manage physical assets -- the essence of IoT. If the wide-scale adoption of robotics and smart manufacturing is just around the corner, then Dassault and PTC are set for huge growth in the future. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Lee Samaha has no position in any of the stocks mentioned. The Motley Foolowns shares of and recommends Cognex. The Motley Fool recommends Dassault Systemes and Zebra Technologies. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The solutions include on-board computers, telematics, and web-enabled sensors, which help farmers use automated guidance technology to manage and guide equipment. KIGRY data by YCharts That said, an easing of trade tensions would obviously help Deere, and in the long term U.S. farmers can export crops to markets other than China. Dassault's solutions, in common with its partner ABB, help companies design, develop, and manage the lifecycle of their products through the creation of digital twins.
It's now time to reappraise the five stocks: Deere (NYSE: DE), Zebra Technologies (NASDAQ: ZBRA), Cognex (NASDAQ: CGNX), Germany's KION Group (OTC: KIGRY), and France's Dassault Systemes (OTC: DASTY), and also add two more stocks to the list -- Switzerland's ABB (NYSE: ABB) and PTC (NASDAQ: PTC). The industrial software plays -- Dassault Systemes and PTC If companies are going to invest in smart automation, robotics, and IoT solutions, such as digital twins -- digital replicas of physical assets that can be used and simulated in order to make the physical assets run better -- they are going to need industrial software to power the process. Back in October, I took a look at investing in the robotics sector, reviewed some of the biggest robotic stocks, and picked out five stocks worthy of close consideration for investors.
It's now time to reappraise the five stocks: Deere (NYSE: DE), Zebra Technologies (NASDAQ: ZBRA), Cognex (NASDAQ: CGNX), Germany's KION Group (OTC: KIGRY), and France's Dassault Systemes (OTC: DASTY), and also add two more stocks to the list -- Switzerland's ABB (NYSE: ABB) and PTC (NASDAQ: PTC). The industrial software plays -- Dassault Systemes and PTC If companies are going to invest in smart automation, robotics, and IoT solutions, such as digital twins -- digital replicas of physical assets that can be used and simulated in order to make the physical assets run better -- they are going to need industrial software to power the process. Back in October, I took a look at investing in the robotics sector, reviewed some of the biggest robotic stocks, and picked out five stocks worthy of close consideration for investors.
The industrial software plays -- Dassault Systemes and PTC If companies are going to invest in smart automation, robotics, and IoT solutions, such as digital twins -- digital replicas of physical assets that can be used and simulated in order to make the physical assets run better -- they are going to need industrial software to power the process. Back in October, I took a look at investing in the robotics sector, reviewed some of the biggest robotic stocks, and picked out five stocks worthy of close consideration for investors. It's now time to reappraise the five stocks: Deere (NYSE: DE), Zebra Technologies (NASDAQ: ZBRA), Cognex (NASDAQ: CGNX), Germany's KION Group (OTC: KIGRY), and France's Dassault Systemes (OTC: DASTY), and also add two more stocks to the list -- Switzerland's ABB (NYSE: ABB) and PTC (NASDAQ: PTC).
bdfde0f5-d580-414d-a839-1f3ffb4425b9
721733.0
2020-01-03 00:00:00 UTC
3 Mystifyingly Cheap Stocks
DE
https://www.nasdaq.com/articles/3-mystifyingly-cheap-stocks-2020-01-03
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By conventional valuation measure shares in roofing, insulation, and composite materials manufacturer Owens Corning (NYSE: OC), axle and drivetrain technology company Dana (NYSE: DAN) and automation and power transmission technology company Altra Industrial (NASDAQ: AIMC) are cheap stocks. Although all three face headwinds in 2020, their valuations appear to have Armageddon scenarios built in, and merely avoiding worst-case outcomes could lead to strong price rises. Let's take a closer look at all three. Image source: Getty Images. Owens Corning It hasn't been a perfect year for the company. Slowing industrial production growth negatively affected its composites segment and lower volumes and production curtailments in the North American residential fiberglass market led to lower profits at insulation. Meanwhile, management expects U.S. industry shingle shipments to be flat in 2019. On the bright side, Owens Corning's roofing sales are expected to rise due to taking market share -- partly down to more favorable geographic exposure. Data source: Owens Corning presentations. EBIT is earnings before interest and taxation. Looking ahead, management is taking action to produce annual cost savings of some $25 million by 2021 in insulation. Hopefully, a pick-up in industrial production in the second half of 2020 will also aid its composite segment. Roofing demand is always a function of a combination of underlying conditions in the housing market and the effects of weather and major storms. Around 70% of demand comes from repair and remodeling and new construction. Clearly, there's scope for volatility in roofing revenue due to the weather, but underlying conditions in housing remain positive. House prices continue to rise, new housing permits are growing again, and the U.S. months supply of new single houses has dropped to levels indicating a need for housing expansion. US New Housing Permits: 1 Unit data by YCharts All told, Owens Corning looks capable of getting back on track in 2020. What's more, its stock is trading on a forward PE ratio of less than 13 times earnings and 15 times current free cash flow (FCF). It looks like a good value stock. DAN PE Ratio (Forward 1y) data by YCharts Dana These two companies have three things in common: Heavy exposure to the truck production market, which is expected to drop significantly in 2020, but then stabilize and start growing again in the 2021 time-frame. They trade on very attractive valuations -- see chart above. They are set to generate bundles of cash flow in the coming years, and this should offset concerns about their elevated debt levels. Starting with Dana, it's no secret that the light vehicle market (Ford, Jeep, and Nissan are key customers and Dana generates around 40% of its revenue from the market) and the heavy truck market -- (Daimler, Navistar (NYSE: NAV), and PACCAR are key customers and Dana gets 29% of its sales from the market) are set for a difficult 2020. Meanwhile, its off-highway sales -- 21% of revenue -- could also be challenged if the dim outlook given recently by another customer, Deere, is correct. Indeed, here's a look at the recent industry estimates given by Navistar on its recent earnings report. Data source: Navistar presentations. Class 6-8 U.S. and Canada. It's not going to be a great year for an axle, power technology, and driveshaft manufacturer like Dana, and just as Navistar dampened down expectations recently, there could be more negative news to come. But here's the thing. Dana's valuation is so cheap that you can't help thinking there is a huge margin of safety baked in. For example, the company's current market cap is $2.6 billion; add in net debt and it gives an enterprise value of $5.2 billion. Digging into the details, on the investor day presentation in March 2019, management outlined expectations to generate $2 billion in free cash flow from 2019-2023 with free cash flow jumping from $243 million in 2018 to $465 million in 2020. Obviously, expectations have been reduced in the near term due to the slowdown in the economy, but Dana is still expected to produce around $230 million in 2019 leading to $409 million in 2020 -- equivalent to around 15% of its current market cap. https://danaincorporated.gcs-web.com/static-files/3dd7d370-0992-4b4c-a1df-5c614f8a1247 Frankly, the light vehicle and truck market is going to have to enter a sustained downturn before Dana doesn't look like a good value. Altra Industrial Motion Around a quarter of this company's sales go to the transportation market, and Altra also has significant exposure to other markets, such as factory automation (15% of sales) and a bunch of other heavy industries such as energy (7%), metals and mining (7%), and materials handling (6%). It all adds up to a difficult 2020, and analysts have sales dropping 3.4% in 2020 only to grow again by a similar amount in 2021. It's a sobering outlook, and just as with Dana, don't be surprised if there are some negative revisions to expectations along the way. Such things happen when end markets are trending downwards. That said, management expects $1 billion in free cash flow over the next five years. Given that Altra only trades on a market cap of $2.3 billion and an enterprise value of $3.8 billion, there appears to be a significant amount of leeway built into the current valuation so as to deal with anything other than a severe downgrade to expectations. Stocks to buy? If you can ignore some potentially bad news and possible downward revisions to earnings expectations in the coming months, then these stocks might work for you. They all look cheap on a free cash flow basis, and provided the economy doesn't enter a severe contraction, they are likely to look like a very good value at the end of the year. 10 stocks we like better than Navistar International When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Navistar International wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool owns shares of Paccar. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
On the bright side, Owens Corning's roofing sales are expected to rise due to taking market share -- partly down to more favorable geographic exposure. Slowing industrial production growth negatively affected its composites segment and lower volumes and production curtailments in the North American residential fiberglass market led to lower profits at insulation. Roofing demand is always a function of a combination of underlying conditions in the housing market and the effects of weather and major storms.
Slowing industrial production growth negatively affected its composites segment and lower volumes and production curtailments in the North American residential fiberglass market led to lower profits at insulation. On the bright side, Owens Corning's roofing sales are expected to rise due to taking market share -- partly down to more favorable geographic exposure. Roofing demand is always a function of a combination of underlying conditions in the housing market and the effects of weather and major storms.
Slowing industrial production growth negatively affected its composites segment and lower volumes and production curtailments in the North American residential fiberglass market led to lower profits at insulation. On the bright side, Owens Corning's roofing sales are expected to rise due to taking market share -- partly down to more favorable geographic exposure. Roofing demand is always a function of a combination of underlying conditions in the housing market and the effects of weather and major storms.
They all look cheap on a free cash flow basis, and provided the economy doesn't enter a severe contraction, they are likely to look like a very good value at the end of the year. Slowing industrial production growth negatively affected its composites segment and lower volumes and production curtailments in the North American residential fiberglass market led to lower profits at insulation. On the bright side, Owens Corning's roofing sales are expected to rise due to taking market share -- partly down to more favorable geographic exposure.
15323c5b-d66a-46e6-9370-b1ba113c7fdb
721734.0
2019-12-27 00:00:00 UTC
Deere & Company (DE) Ex-Dividend Date Scheduled for December 30, 2019
DE
https://www.nasdaq.com/articles/deere-company-de-ex-dividend-date-scheduled-for-december-30-2019-2019-12-27
nan
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Deere & Company (DE) will begin trading ex-dividend on December 30, 2019. A cash dividend payment of $0.76 per share is scheduled to be paid on February 10, 2020. Shareholders who purchased DE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DE has paid the same dividend. At the current stock price of $174.8, the dividend yield is 1.74%. The previous trading day's last sale of DE was $174.8, representing a -3.15% decrease from the 52 week high of $180.48 and a 31.75% increase over the 52 week low of $132.68. DE is a part of the Capital Goods sector, which includes companies such as Thermo Fisher Scientific Inc (TMO) and ASML Holding N.V. (ASML). DE's current earnings per share, an indicator of a company's profitability, is $10.14. Zacks Investment Research reports DE's forecasted earnings growth in 2020 as -4.59%, compared to an industry average of 2%. For more information on the declaration, record and payment dates, visit the DE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today. Interested in gaining exposure to DE through an Exchange Traded Fund [ETF]? The following ETF(s) have DE as a top-10 holding: VanEck Vectors Agribusiness ETF (MOO) VanEck Vectors Natural Resources ETF (HAP) iShares MSCI Agriculture Producers Fund (VEGI). The top-performing ETF of this group is HAP with an increase of 8.53% over the last 100 days. MOO has the highest percent weighting of DE at 7.26%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Shareholders who purchased DE prior to the ex-dividend date are eligible for the cash dividend payment. Zacks Investment Research reports DE's forecasted earnings growth in 2020 as -4.59%, compared to an industry average of 2%. For more information on the declaration, record and payment dates, visit the DE Dividend History page.
Shareholders who purchased DE prior to the ex-dividend date are eligible for the cash dividend payment. DE's current earnings per share, an indicator of a company's profitability, is $10.14. The following ETF(s) have DE as a top-10 holding: VanEck Vectors Agribusiness ETF (MOO) VanEck Vectors Natural Resources ETF (HAP) iShares MSCI Agriculture Producers Fund (VEGI).
Shareholders who purchased DE prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the DE Dividend History page. The following ETF(s) have DE as a top-10 holding: VanEck Vectors Agribusiness ETF (MOO) VanEck Vectors Natural Resources ETF (HAP) iShares MSCI Agriculture Producers Fund (VEGI).
A cash dividend payment of $0.76 per share is scheduled to be paid on February 10, 2020. DE's current earnings per share, an indicator of a company's profitability, is $10.14. The following ETF(s) have DE as a top-10 holding: VanEck Vectors Agribusiness ETF (MOO) VanEck Vectors Natural Resources ETF (HAP) iShares MSCI Agriculture Producers Fund (VEGI).
05edb8ed-5d8a-459a-8bd6-b517ecf62e9d
721735.0
2019-12-26 00:00:00 UTC
Ex-Dividend Reminder: Deere, Stantec and Benchmark Electronics
DE
https://www.nasdaq.com/articles/ex-dividend-reminder%3A-deere-stantec-and-benchmark-electronics-2019-12-26
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Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Deere & Co. (Symbol: DE), Stantec Inc (Symbol: STN), and Benchmark Electronics, Inc. (Symbol: BHE) will all trade ex-dividend for their respective upcoming dividends. Deere & Co. will pay its quarterly dividend of $0.76 on 2/10/20, Stantec Inc will pay its quarterly dividend of $0.145 on 1/15/20, and Benchmark Electronics, Inc. will pay its quarterly dividend of $0.15 on 1/13/20. As a percentage of DE's recent stock price of $174.46, this dividend works out to approximately 0.44%, so look for shares of Deere & Co. to trade 0.44% lower — all else being equal — when DE shares open for trading on 12/30/19. Similarly, investors should look for STN to open 0.52% lower in price and for BHE to open 0.43% lower, all else being equal. Below are dividend history charts for DE, STN, and BHE, showing historical dividends prior to the most recent ones declared. Deere & Co. (Symbol: DE): Stantec Inc (Symbol: STN): Benchmark Electronics, Inc. (Symbol: BHE): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.74% for Deere & Co., 2.06% for Stantec Inc, and 1.72% for Benchmark Electronics, Inc.. In Thursday trading, Deere & Co. shares are currently trading flat, Stantec Inc shares are down about 0.5%, and Benchmark Electronics, Inc. shares are off about 0.4% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
As a percentage of DE's recent stock price of $174.46, this dividend works out to approximately 0.44%, so look for shares of Deere & Co. to trade 0.44% lower — all else being equal — when DE shares open for trading on 12/30/19. If they do continue, the current estimated yields on annualized basis would be 1.74% for Deere & Co., 2.06% for Stantec Inc, and 1.72% for Benchmark Electronics, Inc.. Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Deere & Co. (Symbol: DE), Stantec Inc (Symbol: STN), and Benchmark Electronics, Inc. (Symbol: BHE) will all trade ex-dividend for their respective upcoming dividends.
Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Deere & Co. (Symbol: DE), Stantec Inc (Symbol: STN), and Benchmark Electronics, Inc. (Symbol: BHE) will all trade ex-dividend for their respective upcoming dividends. Deere & Co. will pay its quarterly dividend of $0.76 on 2/10/20, Stantec Inc will pay its quarterly dividend of $0.145 on 1/15/20, and Benchmark Electronics, Inc. will pay its quarterly dividend of $0.15 on 1/13/20. Deere & Co. (Symbol: DE): Stantec Inc (Symbol: STN): Benchmark Electronics, Inc. (Symbol: BHE): In general, dividends are not always predictable, following the ups and downs of company profits over time.
Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Deere & Co. (Symbol: DE), Stantec Inc (Symbol: STN), and Benchmark Electronics, Inc. (Symbol: BHE) will all trade ex-dividend for their respective upcoming dividends. Deere & Co. will pay its quarterly dividend of $0.76 on 2/10/20, Stantec Inc will pay its quarterly dividend of $0.145 on 1/15/20, and Benchmark Electronics, Inc. will pay its quarterly dividend of $0.15 on 1/13/20. Deere & Co. (Symbol: DE): Stantec Inc (Symbol: STN): Benchmark Electronics, Inc. (Symbol: BHE): In general, dividends are not always predictable, following the ups and downs of company profits over time.
Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Deere & Co. (Symbol: DE), Stantec Inc (Symbol: STN), and Benchmark Electronics, Inc. (Symbol: BHE) will all trade ex-dividend for their respective upcoming dividends. As a percentage of DE's recent stock price of $174.46, this dividend works out to approximately 0.44%, so look for shares of Deere & Co. to trade 0.44% lower — all else being equal — when DE shares open for trading on 12/30/19. This can help in judging whether the most recent dividends from these companies are likely to continue.
fae6b031-f758-49cb-9ae0-9d999bb6393c
721736.0
2019-12-21 00:00:00 UTC
These 3 Value Stocks Are Absurdly Cheap Right Now
DE
https://www.nasdaq.com/articles/these-3-value-stocks-are-absurdly-cheap-right-now-2019-12-21
nan
nan
During the shopping season, everyone's on the hunt for a bargain. Value investors should keep an eye out, too, for companies that are trading at serious discounts. But just like in shopping, it pays to be wary of what's on the clearance rack: it could be damaged, outdated, or just...not worth buying. Three companies that are currently trading at surprisingly low valuations are Royal Dutch Shell (NYSE: RDS-A) (NYSE: RDS-B), Oshkosh Corporation (NYSE: OSK), and Plains All American Pipeline (NYSE: PAA). Let's take a closer look to see if they're one-of-a-kind steals...or better left on the shelf. Finding top bargains while avoiding underperformers can be tough in any industry. Image source: Getty Images. Odd man out The five oil majors tend to be pretty predictable value stocks. Because of their massive size, they're able to take advantage of economies of scale to churn out reliable cash flow and dividend payments to their shareholders. And while their production operations may be somewhat affected by oil and gas price swings, their downstream (refining and marketing) arms can usually buoy them through such tough times. As you might expect, over the last five years -- that is, since the big oil price downturn of 2014 -- these reliable cash-producing machines have all seen their valuations improve. Wait, did I say "all?" Not quite! Four of the five have watched their price-to-earnings ratios rise between 54.8% (French oil major Total) and 111.2% (British giant BP), but one P/E ratio has actually gone down by 9.1%. That dubious distinction belongs to Royal Dutch Shell. Sure enough, Shell's current P/E ratio of 11.8 is by far the lowest of its Big Oil peers, whose ratios range from 15.1 (Total) to 26.7 (BP). This isn't just a fluke, either. By another valuation metric, enterprise value to EBITDA, Shell is likewise the lowest. Despite consistently churning out strong performance, Shell's share price has declined by 10.9% over the last five years, even as its net income has soared by 37.6%. This situation certainly screams "absurd," given Shell's reliable dividend history, juicy 6.4% current yield, and strong management team. Value investors may want to take this opportunity to jump in now. Unfairly abandoned When President Trump was elected in 2016, shares of Wisconsin specialty truckmaker Oshkosh Corporation soared almost overnight. It's easy to see why. The promise of increased defense spending (which materialized) and a trillion-dollar infrastructure package (which didn't) seemed tailor-made for the manufacturer of military and construction vehicles. But by 2018, with Democrats poised to take over the House of Representatives, an infrastructure plan that seemed to be going nowhere, and concerns about how the trade wars were affecting the price of steel -- a key component in trucks -- the market began to rethink its bullishness on Oshkosh, and it sold off the stock. However, since then, Oshkosh has continued to execute well despite these challenges, posting strong back-to-back earnings in Q3 and Q4 of its FY2019 (which ended Sept. 30). But while the share price is approaching a record high, the company is still trading at only 11.3 times earnings, near the low end of its historic range and lower than fellow heavy equipment makers Caterpillar (14.0 times earnings) and Deere (17.0 times earnings). This could be a case of a once-bitten market being twice shy about jumping back into Oshkosh, but investors should definitely take a closer look at this unique American company. Slow(er) but steady can win the race One great place for value investors to look is the energy infrastructure sector. Companies engaged in the capital-intensive business of building pipelines and terminals for oil and gas can churn out reliable cash flows that are returned to shareholders as dividends. There are also plenty of companies in the space structured as master limited partnerships (MLPs), which are granted tax-advantaged status in exchange for paying out nearly all of their cash flow as distributions to unitholders (the MLP version of paying dividends to shareholders). One company in this space that's looking strangely undervalued right now is pipeline MLP Plains All American Pipeline. Although the partnership has a checkered past -- including back-to-back distribution cuts in 2016 and 2017 -- it's paid down some of the massive debt that prompted the cuts in the first place. Factor in the company's strong recent performance, and its debt load now sits at just 2.3 times EBITDA, down from more than 6.0 times EBITDA only last year. However, in spite of the good performance and a 2019 distribution hike, Plains' unit price has slumped. It's down 8.9% for the year, which has boosted the MLP's yield to a tasty 7.6%. Currently, units are trading at just 5 times trailing earnings, while Plains' enterprise value is just 5.5 times EBITDA. Every other major pipeline MLP trades at double-digit multiples by these two metrics. Even factoring in Plains' past stumbles, its current valuation seems absurdly low. More than just metrics Royal Dutch Shell, Oshkosh, and Plains All American Pipeline are currently sporting valuations that seem absurdly low. But the full story of a company is more than just numbers and ratios. That's why it's important to also factor in a company's prospects for continued outperformance. Luckily, these three companies have been turning in strong results and have good future prospects. Investors looking for value stocks at bargain prices should stop and take a closer look. 10 stocks we like better than Plains All American Pipeline When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Plains All American Pipeline wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 John Bromels owns shares of BP and Oshkosh. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
But by 2018, with Democrats poised to take over the House of Representatives, an infrastructure plan that seemed to be going nowhere, and concerns about how the trade wars were affecting the price of steel -- a key component in trucks -- the market began to rethink its bullishness on Oshkosh, and it sold off the stock. Companies engaged in the capital-intensive business of building pipelines and terminals for oil and gas can churn out reliable cash flows that are returned to shareholders as dividends. Finding top bargains while avoiding underperformers can be tough in any industry.
Despite consistently churning out strong performance, Shell's share price has declined by 10.9% over the last five years, even as its net income has soared by 37.6%. Finding top bargains while avoiding underperformers can be tough in any industry. Because of their massive size, they're able to take advantage of economies of scale to churn out reliable cash flow and dividend payments to their shareholders.
But while the share price is approaching a record high, the company is still trading at only 11.3 times earnings, near the low end of its historic range and lower than fellow heavy equipment makers Caterpillar (14.0 times earnings) and Deere (17.0 times earnings). Finding top bargains while avoiding underperformers can be tough in any industry. Because of their massive size, they're able to take advantage of economies of scale to churn out reliable cash flow and dividend payments to their shareholders.
Finding top bargains while avoiding underperformers can be tough in any industry. Because of their massive size, they're able to take advantage of economies of scale to churn out reliable cash flow and dividend payments to their shareholders. Despite consistently churning out strong performance, Shell's share price has declined by 10.9% over the last five years, even as its net income has soared by 37.6%.
c4231187-9511-445d-806b-e80067419b86
721737.0
2019-12-16 00:00:00 UTC
CNH Bets on Electric Trucks to Jumpstart Results
DE
https://www.nasdaq.com/articles/cnh-bets-on-electric-trucks-to-jumpstart-results-2019-12-16
nan
nan
CNH Industrial (NYSE: CNHI) quietly builds trucks, tractors, farm and construction vehicles, buses, and even amphibious armored vehicles -- machines that keep modern life functioning but usually don't make splashy headlines. However, CNH recently inked a new partnership that might give it access to a battery technology breakthrough with revolutionary possibilities – if it lives up to current hype. That could lead to potentially electrifying results for CNH's future strategies and profits. Where CNH currently stands The sheer variety of vehicles produced across CNH's brand lineup helps buffer it against downturns that hit specialized companies harder. The company introduced 24 new vehicles and other products in Q1 2019 alone, hedging against unfavorable agriculture and construction sector pressures. Nevertheless, sector struggles have taken their toll on CNH, causing consolidated revenues for the first nine months of 2019 to drop 5.2% and adjusted EBITDA to decline 7.8% year-over-year. While CNH is undergoing some troubles and isn't a red-hot stock, some signs hint it's still strong at its core, so taking the initiative could better its fortunes. For example, as a dividend stock, CNH posted an 18% payout ratio in its most recent quarter. This shows the company is rolling a solid percentage of its money back into strengthening and extending its business, a promising indicator of corporate health and good planning. And the company's latest bold, potentially profitable move could also help it recover from the 2016 downturn caused by Brexit. CNH and Nikola Motors are competing with Tesla's all-electric semi trucks. IMAGE SOURCE: NIKOLA MOTORS Nikola Motors' new batteries On Sept. 3 CNH's truck brand Iveco formed a partnership with Nikola Motors, an American hybrid truck company start-up whose name honors the first name of famous inventor Nikola Tesla. While details hadn't been publicly announced at the time, the catalyst for this move may have come from from Nikola's claimed development of breakthrough vehicle battery technology. Described as a free-standing or self-supported electrode with a cathode, this battery boasts 400% the energy density of lithium-ion technology, according to Nikola's press release. Claimed benefits include halving the price of large vehicle batteries, providing doubled range over lithium-ion equivalents, unchanged battery weight or physical dimensions, and construction from eco-friendly recyclable materials. Most significantly for the partnership, the battery allegedly creates the potential to build hydrogen-electric trucks with a 1,000 mile range between recharges, improved by full recharging times of just 15 minutes, rather than hours. The claims roused both skepticism and speculation among both scientists and competitors. Sam Jaffe of Cairn Energy Research Advisors scoffed, declaring the assertions ludicrous and impossible. He speculates Nikola might have developed a lithium-sulfur battery cell with better performance than lithium-ion, but with nowhere close to the claimed efficiency. A USC chemistry professor, Sri Narayan, disagrees strongly. He states that lithium-sulfur is out of the question because of its early research level across the industry. Instead, he suggests conducting polymers and carbon nanotubes would greatly increase energy storage, and cautiously supports the notion that Nikola's claims could be accurate, were such materials incorporated in its battery. While the battery won't be publicly demonstrated until fall 2020, CNH extended its new partner $250 million in funding. The partnership also gives Nikola access to Iveco's extensive, well-established truck manufacturing facilities. This will enable rolling out their first joint product, the Nikola Tre, for European truckers. Nikola's CEO, Trevor Milton, claimed the company would enter the European market "like a freight train," and plans to go head-to-head with both battery-only and hydrogen fuel cell versions of the Tre against Tesla's (NASDAQ: TSLA) electric Tesla Semi, a formidable market opponent. The Tre appears to feature a Nikola power system grafted into an Iveco S-Way truck, reducing research and development time before actual production starts. What's the future of the CNH/Nikola Motors partnership? If Nikola Motors' claims about its new batteries prove true, it could rapidly become a major player in the growing electric, zero-emission truck market. Energy density and recharge speed are two factors holding back more widespread adoption of hybrid and electric vehicles. Doubling range and slashing recharge time without boosting battery weight, and simultaneously reducing cost, would be a "game changer" worthy of the name – potentially making Nikola's claims of rocketing to first place in truck manufacturers by revenue in the next few years more reality than hype. However, at this stage, the claims remain publicly unproven. What evidence, if any, CNH based its partnership offer and $250 million funding on is likewise unknown. If CNH's gamble pays off, it has gotten in on the ground floor of a potentially revolutionary advance in electric and hybrid vehicle technology. With the reality of Nikola's claims unverifiable, it's too early to invest in CNH on the basis of its new partnership. However, it may be worth watching as a buying opportunity if solid evidence emerges that Nikola's assertions are true. 10 stocks we like better than CNH Industrial When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and CNH Industrial wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 1, 2019 Rhian Hunt has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Tesla. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Tre appears to feature a Nikola power system grafted into an Iveco S-Way truck, reducing research and development time before actual production starts. CNH Industrial (NYSE: CNHI) quietly builds trucks, tractors, farm and construction vehicles, buses, and even amphibious armored vehicles -- machines that keep modern life functioning but usually don't make splashy headlines. Where CNH currently stands The sheer variety of vehicles produced across CNH's brand lineup helps buffer it against downturns that hit specialized companies harder.
While details hadn't been publicly announced at the time, the catalyst for this move may have come from from Nikola's claimed development of breakthrough vehicle battery technology. Claimed benefits include halving the price of large vehicle batteries, providing doubled range over lithium-ion equivalents, unchanged battery weight or physical dimensions, and construction from eco-friendly recyclable materials. CNH Industrial (NYSE: CNHI) quietly builds trucks, tractors, farm and construction vehicles, buses, and even amphibious armored vehicles -- machines that keep modern life functioning but usually don't make splashy headlines.
CNH Industrial (NYSE: CNHI) quietly builds trucks, tractors, farm and construction vehicles, buses, and even amphibious armored vehicles -- machines that keep modern life functioning but usually don't make splashy headlines. Where CNH currently stands The sheer variety of vehicles produced across CNH's brand lineup helps buffer it against downturns that hit specialized companies harder. Nevertheless, sector struggles have taken their toll on CNH, causing consolidated revenues for the first nine months of 2019 to drop 5.2% and adjusted EBITDA to decline 7.8% year-over-year.
While details hadn't been publicly announced at the time, the catalyst for this move may have come from from Nikola's claimed development of breakthrough vehicle battery technology. He speculates Nikola might have developed a lithium-sulfur battery cell with better performance than lithium-ion, but with nowhere close to the claimed efficiency. CNH Industrial (NYSE: CNHI) quietly builds trucks, tractors, farm and construction vehicles, buses, and even amphibious armored vehicles -- machines that keep modern life functioning but usually don't make splashy headlines.
8d9ee6c6-4981-4836-8c06-caf9663cd4da
721738.0
2019-12-09 00:00:00 UTC
Notable Monday Option Activity: CNST, NOC, DE
DE
https://www.nasdaq.com/articles/notable-monday-option-activity%3A-cnst-noc-de-2019-12-09
nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Constellation Pharmaceuticals Inc (Symbol: CNST), where a total volume of 2,514 contracts has been traded thus far today, a contract volume which is representative of approximately 251,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.6% of CNST's average daily trading volume over the past month, of 577,215 shares. Particularly high volume was seen for the $50 strike put option expiring December 20, 2019, with 722 contracts trading so far today, representing approximately 72,200 underlying shares of CNST. Below is a chart showing CNST's trailing twelve month trading history, with the $50 strike highlighted in orange: Northrop Grumman Corp (Symbol: NOC) options are showing a volume of 3,306 contracts thus far today. That number of contracts represents approximately 330,600 underlying shares, working out to a sizeable 42.5% of NOC's average daily trading volume over the past month, of 778,075 shares. Particularly high volume was seen for the $385 strike call option expiring February 21, 2020, with 278 contracts trading so far today, representing approximately 27,800 underlying shares of NOC. Below is a chart showing NOC's trailing twelve month trading history, with the $385 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,322 contracts, representing approximately 832,200 underlying shares or approximately 42.2% of DE's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $165 strike call option expiring December 20, 2019, with 980 contracts trading so far today, representing approximately 98,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $165 strike highlighted in orange: For the various different available expirations for CNST options, NOC options, or DE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $50 strike put option expiring December 20, 2019, with 722 contracts trading so far today, representing approximately 72,200 underlying shares of CNST. Particularly high volume was seen for the $385 strike call option expiring February 21, 2020, with 278 contracts trading so far today, representing approximately 27,800 underlying shares of NOC. Particularly high volume was seen for the $165 strike call option expiring December 20, 2019, with 980 contracts trading so far today, representing approximately 98,000 underlying shares of DE.
Particularly high volume was seen for the $50 strike put option expiring December 20, 2019, with 722 contracts trading so far today, representing approximately 72,200 underlying shares of CNST. Below is a chart showing NOC's trailing twelve month trading history, with the $385 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,322 contracts, representing approximately 832,200 underlying shares or approximately 42.2% of DE's average daily trading volume over the past month, of 2.0 million shares. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Constellation Pharmaceuticals Inc (Symbol: CNST), where a total volume of 2,514 contracts has been traded thus far today, a contract volume which is representative of approximately 251,400 underlying shares (given that every 1 contract represents 100 underlying shares).
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Constellation Pharmaceuticals Inc (Symbol: CNST), where a total volume of 2,514 contracts has been traded thus far today, a contract volume which is representative of approximately 251,400 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing NOC's trailing twelve month trading history, with the $385 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,322 contracts, representing approximately 832,200 underlying shares or approximately 42.2% of DE's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $165 strike call option expiring December 20, 2019, with 980 contracts trading so far today, representing approximately 98,000 underlying shares of DE.
Particularly high volume was seen for the $50 strike put option expiring December 20, 2019, with 722 contracts trading so far today, representing approximately 72,200 underlying shares of CNST. Below is a chart showing NOC's trailing twelve month trading history, with the $385 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 8,322 contracts, representing approximately 832,200 underlying shares or approximately 42.2% of DE's average daily trading volume over the past month, of 2.0 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $165 strike highlighted in orange: For the various different available expirations for CNST options, NOC options, or DE options, visit StockOptionsChannel.com.
6644e8f2-4da3-4a4c-a3d2-37bee9bbf533
721739.0
2019-12-04 00:00:00 UTC
6 Manufacturing Stocks to Buy as the Economy Recovers
DE
https://www.nasdaq.com/articles/6-manufacturing-stocks-to-buy-as-the-economy-recovers-2019-12-04
nan
nan
Over the past few months, U.S.-China trade tensions have been easing, the global economy has shown signs of rebounding and stocks have been surging to all-time highs. This is how things will go on for the foreseeable future. Ignore the recent market turmoil on fears that trade talks are breaking down. What we have here is just some last-minute chest puffing from both sides. At the end of the day, neither side wants Dec. 15 to roll around, no deal to be struck and tariffs to be implemented in a big way. As such, I think it is fairly likely that a partial trade deal is struck by Dec. 15. That partial trade deal will significantly de-escalate global trade tensions, which will spark a sustained rebound in the global economy. What does all that mean for investors? It may be time to buy manufacturing stocks. The logic is simple. The U.S.-China trade war started in January 2018. Over the subsequent 18 months, that trade war has only become more and more serious, creating more and more global geopolitical uncertainty. That rising geopolitical uncertainty has depressed corporate confidence everywhere, and companies have increasingly peeled back on their capital spending plans. As they have, industries that rely heavily on capital spending — like the manufacturing industry — have been hit hard. But, over the past few months, tensions have meaningfully de-escalated. This de-escalation has breathed confidence back into the corporate sector. See the rebounding manufacturing readings from across the globe. Over the next few months, this renewed confidence will inspire reinvigorated capital spending in the manufacturing sector, which will provide a broad boost to all manufacturing stocks. With that in mind, let’s take a look at six manufacturing stocks to buy for 2020 as the global economy rebounds. Manufacturing Stocks to Buy: General Electric (GE) Source: Jonathan Weiss / Shutterstock.com First up we have industrial conglomerate General Electric (NYSE:). General Electric makes most of its money by selling products into the manufacturing industry. When that industry is weak, GE’s growth trends are weak, too. Similarly, when that industry is strong, GE’s growth trends are strong. Over the next few quarters, the manufacturing industry will come back to life. As it does, demand in GE’s aviation, healthcare and power businesses should get a sizable boost. GE stock is partially priced for this boost. After all, shares are up 30% over the past three months, and trade hands at a relatively rich price-to-earnings ratio of 16.4. But, considering all the other good stuff going on here — leverage reduction, operational simplification, cash flow improvements — GE stock warrants its rich valuation, and should continue to trend higher into 2020 as the global economy rebounds. Caterpillar (CAT) Source: aapsky / Shutterstock.com Construction equipment giant Caterpillar (NYSE:) should perform better now that the economy is in rebound mode. Caterpillar operates multiple businesses. But, at its core, the company sells heavy-duty machinery and equipment to the construction, mining, forestry, energy and transportation industries. Those industries together comprise the backbone of the manufacturing economy. Thus, as capital spending in the manufacturing economy has been weak over the past few quarters, those industries have struggled. So has Caterpillar. Fortunately, a rebound is coming soon. Global manufacturing trends are picking up steam amid easing trade tensions. So long as trade tensions keep easing, companies in the construction, mining, forestry, energy and transportation industries will regain confidence. As they regain confidence, they will spend more money on equipment and machinery, and most of that money will find its way onto Caterpillar’s income statement. The result will be recharged revenue and profit growth for Caterpillar. CAT stock, at just 13-times forward earnings, isn’t priced for this renewed growth. As such, shares should surge higher from here. Honeywell (HON) Source: josefkubes / Shutterstock.com Global technology and manufacturing giant Honeywell (NYSE:) can break out to new highs behind an improving economic outlook. Honeywell is a very big company with a lot of moving parts. But, when you break it all down, the company sells various hardware products and software solutions across a variety of industries, ranging from aerospace to building construction, and most everything in between. Naturally, this gives the company tremendous manufacturing economy exposure. When times are good in the manufacturing economy, times are also good at Honeywell, and vice versa. Times have not been good in the global manufacturing economy for the past 18 months. They are now in the early stages of becoming good. As manufacturing conditions improve over the next few quarters, demand for Honeywell’s various hardware and software products will grow. And so will Honeywell’s revenues and profits. Honeywell stock will rise, too, but not by as much as revenues and profits. HON stock trades at over 19-times forward earnings today. That’s a rich multiple for this stock. Sure, it’s warranted because of core manufacturing economy improvements. Nonetheless, the valuation is also rich enough that you won’t get anymore multiple expansion here, so all future gains will be driven by profit growth (which should be good enough). Deere (DE) Source: mark stephens photography / Shutterstock.com Construction equipment giant Deere (NYSE:) is positioned to win big as U.S.-China trade tensions ease. Deere sells equipment, machinery and related service parts into the agriculture, construction and forestry industries. These industries have been particularly disadvantaged by escalating U.S.-China trade tensions, as lower capital spending has meant less money for new construction. Plus, China has stopped buying U.S. agriculture products. As demand across these industries has weakened, so has Deere’s revenue and profit growth trajectories. That’s all about to change. Phase one of a U.S.-China trade deal is said to include China agreeing to purchase $20 billion worth of U.S. farm goods. If that deal gets struck, phase two will likely come with even more farm goods purchases. At the same time, rebounding capital spending trends imply that new construction will ramp back up, and that should translate into demand growth for Deere’s construction equipment. Easing U.S.-China trade tensions will bring growth back into Deere’s core markets. As that growth comes back into the picture, DE stock — which trades at just 15-times forward earnings — can and will head higher. 3M (MMM) Source: JPstock / Shutterstock.com Global industrial giant 3M (NYSE:) is positioned to get back on a solid growth track as the global manufacturing economy rebounds in 2020. Over the past several quarters, 3M’s growth trajectory has meaningfully weakened amid falling demand across the entire manufacturing economy. That growth trajectory is still weakening today. 3M just reported third-quarter numbers that weren’t all that great, and included a messy and largely uninspiring fourth-quarter guide. Most of this weakness is due to escalating geopolitical uncertainty, which has weighed on capital spending trends in the manufacturing economy. That geopolitical uncertainty projects to ease in 2020 with the signing of phase one of a U.S.-China trade deal. That will spark a rebound in manufacturing capital spending, which will lead to 3M’s growth trajectory re-accelerating higher. MMM stock isn’t priced for this re-acceleration. At 17-times forward earnings, MMM stock is trading below its historically normal valuation levels (roughly 20-times forward earnings). Thus, over the next few quarters, MMM stock should rebound behind a double tailwind of renewed profit growth and multiple expansion. Agco (AGCO) Source: Pavel Kapysh / Shutterstock.com Agriculture equipment manufacturer Agco (NYSE:) appears well positioned to head higher in 2020 as the global agriculture economy finds its footing. The agriculture industry has been at the epicenter of the U.S.-China trade war. It started with tariffs impacting the volume and price of product the industry could move around. It ultimately turned into China withdrawing its purchases of U.S. farm goods. This double demand headwind hit the agriculture industry hard, and with farmers falling on tough times, they stopped ordering as much Agco equipment. Phase one of the U.S.-China trade deal will change all of this. As part of that deal, China will come back into the market for buying U.S. farm goods, while tariffs will be temporarily sidelined. In other words, phase one of a U.S.-China trade deal will greatly reduce the two big headwinds which have hurt AGCO stock over the past few quarters. As those headwinds shrink, Agco’s growth trends will improve. Those growth trend improvements coupled with multiple expansion — shares trade at just 14-times forward earnings — should propel meaningful outperformance in AGCO stock. As of this writing, Luke Lango was long GE. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
But, considering all the other good stuff going on here — leverage reduction, operational simplification, cash flow improvements — GE stock warrants its rich valuation, and should continue to trend higher into 2020 as the global economy rebounds. This double demand headwind hit the agriculture industry hard, and with farmers falling on tough times, they stopped ordering as much Agco equipment. Those growth trend improvements coupled with multiple expansion — shares trade at just 14-times forward earnings — should propel meaningful outperformance in AGCO stock.
So long as trade tensions keep easing, companies in the construction, mining, forestry, energy and transportation industries will regain confidence. Deere (DE) Source: mark stephens photography / Shutterstock.com Construction equipment giant Deere (NYSE:) is positioned to win big as U.S.-China trade tensions ease. Over the past few months, U.S.-China trade tensions have been easing, the global economy has shown signs of rebounding and stocks have been surging to all-time highs.
Over the past few months, U.S.-China trade tensions have been easing, the global economy has shown signs of rebounding and stocks have been surging to all-time highs. That partial trade deal will significantly de-escalate global trade tensions, which will spark a sustained rebound in the global economy. Ignore the recent market turmoil on fears that trade talks are breaking down.
Over the past few months, U.S.-China trade tensions have been easing, the global economy has shown signs of rebounding and stocks have been surging to all-time highs. Ignore the recent market turmoil on fears that trade talks are breaking down. What we have here is just some last-minute chest puffing from both sides.
e57e2b11-285d-47fb-86d6-d4cefe1d6a5d
721740.0
2019-12-02 00:00:00 UTC
Is iRobot Stock a Buy?
DE
https://www.nasdaq.com/articles/is-irobot-stock-a-buy-2019-12-02
nan
nan
Patent lawsuits, tariff costs, pressure on margins coming from fierce pricing competition. It's not been an easy year for iRobot (NASDAQ: IRBT). That said, the stock is now down more than 45% in 2019, and much of the bad news will already be priced in. Therefore, many investors will be looking at the stock as a potential value investment. Is there a good case for buying iRobot stock? Let's take a closer look. What management said Two major clues toward the growth stock's near-term prospects have been given recently. The first comes from what management outlined on the recent third-quarter earnings call. CEO Colin Angle discussed how the company attempted to raise prices in the U.S. on its robotic vacuum cleaners (RVCs) in order to offset the cost increases associated with the 25% tariff rate. iRobot is hoping robotic vacuum cleaners can replace nonrobotic vacuum cleaners. Image source: Getty Images. Quoting directly from Angle: [W]e raised prices on most of our RVC lineup in late July. Most competitors, however, opted to absorb the tariffs and kept prices static. Subsequently, we experienced greater demand elasticity than we expected, which resulted in sub-optimal sell-through in August and September. In plain English, this means the company does not have as much pricing power as management might have previously assumed. As a consequence, Angle claimed the company lowered prices back to "pre-tariff levels," and this "appears" to have improved sales. To be clear, a reduction in pricing power is a very big issue when you consider that iRobot had 82% market share in the U.S. RVC market in 2018 -- in fact, iRobot is one of the biggest robotics companies in the world. In other words, as the category leader and dominant player in the RVC market, iRobot's margin could come under pressure from competitors stepping up competition. For reference, iRobot's RVCs (called Roomba) generated 91% of sales in the first nine months, with robotic mops (Braava) contributing the rest. Data source: iRobot presentations. In addition, it's a problem when sales in the U.S. declined in the third quarter even with the benefit of a large shipment to Amazon that was pulled forward into the third quarter from the fourth -- which is concerning, because iRobot is about to enter its most important quarter. Data source: iRobot presentations. iRobot's patent lawsuit against SharkNinja SharkNinja is iRobot's biggest competitor in North America, with around 10% market share in 2018. So when iRobot filed a lawsuit intended to halt sales of its Shark IQ Robot based on alleged patent infringements, the market sat up and took notice. SharkNinja's product is understood to be significantly undercutting iRobot's Roomba i7+ robot in the marketplace. Unfortunately, the court recently denied the motion, and it looks likely that iRobot is going to face some fierce pricing competition during the holiday season and beyond. In addition, since iRobot has already, de facto, conceded that it doesn't have quite the kind of pricing power it previously thought it had, it's possible that sales and earnings projections might need to come down. What it all means for investors I'll cut to the chase. iRobot is facing a very difficult fourth quarter, and there are question marks around its mid-term growth prospects. It's facing pricing and margin erosion in its core geographic and product markets (the U.S. and RVCs), which calls into question some of the assumptions investors might have made about its earnings trajectory. That said, there's still plenty of potential to grow RVC category sales as opposed to non-RVC, and its robotic mops sales grew 18% in the first nine months of 2019. Meanwhile, a relaxing of the trade war would be a major benefit for iRobot's cost base. And the company is hoping to launch its robotic lawn mowers (brand name: Terra) in 2021 -- albeit to a crowded market, with companies like Deere, Stanley Black & Decker, and Honda likely to be taking part. The tricky bit is getting a fix on what the company's margin is likely to be if competitors slash prices in order to grab market share -- this could be the start of a long-term downtrend in margin. Investors will have a better idea after the key fourth quarter, and until then, it makes more sense to monitor the situation before buying into what still looks like a long-term growth story. 10 stocks we like better than iRobot When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and iRobot wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends iRobot. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
CEO Colin Angle discussed how the company attempted to raise prices in the U.S. on its robotic vacuum cleaners (RVCs) in order to offset the cost increases associated with the 25% tariff rate. So when iRobot filed a lawsuit intended to halt sales of its Shark IQ Robot based on alleged patent infringements, the market sat up and took notice. It's facing pricing and margin erosion in its core geographic and product markets (the U.S. and RVCs), which calls into question some of the assumptions investors might have made about its earnings trajectory.
CEO Colin Angle discussed how the company attempted to raise prices in the U.S. on its robotic vacuum cleaners (RVCs) in order to offset the cost increases associated with the 25% tariff rate. Subsequently, we experienced greater demand elasticity than we expected, which resulted in sub-optimal sell-through in August and September. To be clear, a reduction in pricing power is a very big issue when you consider that iRobot had 82% market share in the U.S. RVC market in 2018 -- in fact, iRobot is one of the biggest robotics companies in the world.
To be clear, a reduction in pricing power is a very big issue when you consider that iRobot had 82% market share in the U.S. RVC market in 2018 -- in fact, iRobot is one of the biggest robotics companies in the world. CEO Colin Angle discussed how the company attempted to raise prices in the U.S. on its robotic vacuum cleaners (RVCs) in order to offset the cost increases associated with the 25% tariff rate. Subsequently, we experienced greater demand elasticity than we expected, which resulted in sub-optimal sell-through in August and September.
CEO Colin Angle discussed how the company attempted to raise prices in the U.S. on its robotic vacuum cleaners (RVCs) in order to offset the cost increases associated with the 25% tariff rate. Subsequently, we experienced greater demand elasticity than we expected, which resulted in sub-optimal sell-through in August and September. To be clear, a reduction in pricing power is a very big issue when you consider that iRobot had 82% market share in the U.S. RVC market in 2018 -- in fact, iRobot is one of the biggest robotics companies in the world.
9d9f46da-2da5-485f-a118-5bcb1ba80ef7
721741.0
2019-11-29 00:00:00 UTC
Alamo Group Seeds Future Growth in Forestry
DE
https://www.nasdaq.com/articles/alamo-group-seeds-future-growth-in-forestry-2019-11-29
nan
nan
The neatly mowed roadsides or parks and clean streets of American suburbia often owe their carefully maintained look to the rotary mowers, street sweepers, and vacuum trucks Alamo Group (NYSE: ALG) manufactures. Focused until now on selling municipalities the vehicles necessary for public space upkeep, the company completed a $325 million acquisition of Morbark on Oct. 24. Alamo Group establishes a strong foothold in the logging gear sector with this purchase, positioning itself for significant near-future growth thanks to powerfully increasing demand for forestry equipment nationally and worldwide. Entering a product sector with plenty of room for expansion Graduating from trimming grass to felling trees via its Morbark acquisition, Alamo Group enters a market with strong projected growth over the next few years. High global demand for housing and furniture, driven in part by the Asia-Pacific region's large new middle class, creates a rising need for equally large quantities of quality wood to process into finished goods and homes. Harvesting this wood requires forestry equipment. According to some reports this sector will mushroom at a 4.9% CAGR (compound annual growth rate) through 2024. By then, the projections claim, total equipment sales will top $10.5 billion annually. Alamo Group can now compete for a piece of that windfall thanks to its acquisition. Morbark builds mulchers, stump cutters, crawler trucks, flails, compact wheel loaders good for extracting felled timber from difficult terrain, and other vehicles or devices used widely in logging and silviculture. IMAGE SOURCE: MORBARK Alamo Group faces competition from both domestic and foreign rivals. One of these, Deere & Company (NYSE: DE), better known as John Deere, is reeling from the farm sector trade war with China, perhaps giving Alamo more room for expansion. But Morbark's robust position in the forestry equipment sector brings Alamo up to speed with its competitors right off the bat. The newly acquired company's net sales amounted to $225.5 million in 2018. Its 2019 sales through the end of September already left that sum in the rearview mirror at $235.9 million. Company guidance predicts total 2019 net sales of $245.0 million. Alamo's long experience with industrial equipment manufacture and marketing make it an excellent match for Morbark, with the know-how necessary to build even greater combined success. Potential growth in the wildfire fighting industry While the housing and furniture uses for round wood provide the biggest source of forestry equipment demand, the 21st century rise in destructive wildfires sparks additional sales, too. While changing climate might affect the sharply rising amount of property damage inflicted by forest fires, the recent trend of constructing developments in high-risk areas contributes even more. New building in these dangerously fire-vulnerable zones, called the wildland-urban interface, jumped by over 40% between 1990 and 2010, and continues to grow. Morbark's mulching machines are just what the forester ordered for proactively defending valuable new homes from wildfire risk. These tracked vehicles can be used to create partial firebreaks to protect nearby homes, cutting the risk of wildfire damage or destruction. Selling mulching machines and related equipment may help Alamo Group tap into the approximately $3 billion spent annually in preventing and fighting wildfires. Alamo's net sales increase, net income should rebound This company has plenty of potential even before investors consider the new possibilities of the Morbark deal. Alamo Group's Q3 2019 earnings show that net sales set a new record with a 5.5% quarterly jump. Net income, on the other hand, dropped by 6.3% for the first three quarters of 2019 compared to the same period in 2018, providing $4.52 per diluted share versus 2018's $4.84 per diluted share. The reason for rising net sales and falling net income isn't hard to understand. The money used to buy Morbark – plus two other acquisitions, Dixie Chopper and Dutch Power – put a dent in income despite vigorous sales. Dixie Chopper is an industrial lawnmower manufacturer related to Alamo Group's core business, while Dutch Power is a European vegetation management machines maker whose products also mesh with the expanded Alamo Group and Morbark lineup. However, demand for Alamo Group's core products in the municipal infrastructure vehicle sector is strong and growing. ALG's actual P/E ratio in 2018 was 19.66, improving to an estimated 2019 18.81 P/E and estimated 2020 14.52 P/E. This will bring the company nearly on par with rival equipment maker Caterpillar's (NYSE: CAT) estimated 2020 P/E of 13.53, and betters Husqvarna's(OTC: HUSQF) current 21.81 P/E. Combined with a profit rebound as forestry equipment sales kick in moving into 2020, this factor makes Alamo Group a company worth considering for investment. 10 stocks we like better than Alamo Group When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Alamo Group wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Rhian Hunt has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Alamo Group establishes a strong foothold in the logging gear sector with this purchase, positioning itself for significant near-future growth thanks to powerfully increasing demand for forestry equipment nationally and worldwide. Morbark builds mulchers, stump cutters, crawler trucks, flails, compact wheel loaders good for extracting felled timber from difficult terrain, and other vehicles or devices used widely in logging and silviculture. While changing climate might affect the sharply rising amount of property damage inflicted by forest fires, the recent trend of constructing developments in high-risk areas contributes even more.
Potential growth in the wildfire fighting industry While the housing and furniture uses for round wood provide the biggest source of forestry equipment demand, the 21st century rise in destructive wildfires sparks additional sales, too. Alamo's net sales increase, net income should rebound This company has plenty of potential even before investors consider the new possibilities of the Morbark deal. The neatly mowed roadsides or parks and clean streets of American suburbia often owe their carefully maintained look to the rotary mowers, street sweepers, and vacuum trucks Alamo Group (NYSE: ALG) manufactures.
Alamo Group establishes a strong foothold in the logging gear sector with this purchase, positioning itself for significant near-future growth thanks to powerfully increasing demand for forestry equipment nationally and worldwide. Alamo's net sales increase, net income should rebound This company has plenty of potential even before investors consider the new possibilities of the Morbark deal. Dixie Chopper is an industrial lawnmower manufacturer related to Alamo Group's core business, while Dutch Power is a European vegetation management machines maker whose products also mesh with the expanded Alamo Group and Morbark lineup.
Potential growth in the wildfire fighting industry While the housing and furniture uses for round wood provide the biggest source of forestry equipment demand, the 21st century rise in destructive wildfires sparks additional sales, too. Alamo's net sales increase, net income should rebound This company has plenty of potential even before investors consider the new possibilities of the Morbark deal. However, demand for Alamo Group's core products in the municipal infrastructure vehicle sector is strong and growing.
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721742.0
2019-11-27 00:00:00 UTC
S&P 500 Movers: DE, UAA
DE
https://www.nasdaq.com/articles/sp-500-movers%3A-de-uaa-2019-11-27
nan
nan
In early trading on Wednesday, shares of Under Armour topped the list of the day's best performing components of the S&P 500 index, trading up 5.8%. Year to date, Under Armour registers a 7.7% gain. And the worst performing S&P 500 component thus far on the day is Deere, trading down 3.0%. Deere is showing a gain of 14.9% looking at the year to date performance. Two other components making moves today are Symantec, trading down 3.0%, and Under Armour, trading up 5.6% on the day. VIDEO: S&P 500 Movers: DE, UAA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
And the worst performing S&P 500 component thus far on the day is Deere, trading down 3.0%. Deere is showing a gain of 14.9% looking at the year to date performance. VIDEO: S&P 500 Movers: DE, UAA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In early trading on Wednesday, shares of Under Armour topped the list of the day's best performing components of the S&P 500 index, trading up 5.8%. And the worst performing S&P 500 component thus far on the day is Deere, trading down 3.0%. Deere is showing a gain of 14.9% looking at the year to date performance.
In early trading on Wednesday, shares of Under Armour topped the list of the day's best performing components of the S&P 500 index, trading up 5.8%. Two other components making moves today are Symantec, trading down 3.0%, and Under Armour, trading up 5.6% on the day. VIDEO: S&P 500 Movers: DE, UAA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
And the worst performing S&P 500 component thus far on the day is Deere, trading down 3.0%. Deere is showing a gain of 14.9% looking at the year to date performance. VIDEO: S&P 500 Movers: DE, UAA The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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721743.0
2019-11-27 00:00:00 UTC
Wednesday Sector Laggards: Industrial, Utilities
DE
https://www.nasdaq.com/articles/wednesday-sector-laggards%3A-industrial-utilities-2019-11-27
nan
nan
The worst performing sector as of midday Wednesday is the Industrial sector, not showing much of a gain. Within the sector, Deere & Co. (Symbol: DE) and Intuit Inc (Symbol: INTU) are two large stocks that are lagging, showing a loss of 4.6% and 1.7%, respectively. Among industrial ETFs, one ETF following the sector is the Industrial Select Sector SPDR ETF (Symbol: XLI), which is down 0.1% on the day, and up 29.72% year-to-date. Deere & Co., meanwhile, is up 14.47% year-to-date, and Intuit Inc is up 33.73% year-to-date. DE makes up approximately 2.4% of the underlying holdings of XLI. The next worst performing sector is the Utilities sector, up 0.1%. Among large Utilities stocks, Public Service Enterprise Group Inc (Symbol: PEG) and Atmos Energy Corp. (Symbol: ATO) are the most notable, showing a loss of 0.6% and 0.5%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.1% in midday trading, and up 21.84% on a year-to-date basis. Public Service Enterprise Group Inc, meanwhile, is up 16.41% year-to-date, and Atmos Energy Corp. is up 17.52% year-to-date. Combined, PEG and ATO make up approximately 5.0% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, eight sectors are up on the day, while none of the sectors are down. 25 Dividend Giants Widely Held By ETFs » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Combined, PEG and ATO make up approximately 5.0% of the underlying holdings of XLU. Within the sector, Deere & Co. (Symbol: DE) and Intuit Inc (Symbol: INTU) are two large stocks that are lagging, showing a loss of 4.6% and 1.7%, respectively. Deere & Co., meanwhile, is up 14.47% year-to-date, and Intuit Inc is up 33.73% year-to-date.
Within the sector, Deere & Co. (Symbol: DE) and Intuit Inc (Symbol: INTU) are two large stocks that are lagging, showing a loss of 4.6% and 1.7%, respectively. Deere & Co., meanwhile, is up 14.47% year-to-date, and Intuit Inc is up 33.73% year-to-date. DE makes up approximately 2.4% of the underlying holdings of XLI.
Within the sector, Deere & Co. (Symbol: DE) and Intuit Inc (Symbol: INTU) are two large stocks that are lagging, showing a loss of 4.6% and 1.7%, respectively. Deere & Co., meanwhile, is up 14.47% year-to-date, and Intuit Inc is up 33.73% year-to-date. DE makes up approximately 2.4% of the underlying holdings of XLI.
Within the sector, Deere & Co. (Symbol: DE) and Intuit Inc (Symbol: INTU) are two large stocks that are lagging, showing a loss of 4.6% and 1.7%, respectively. Deere & Co., meanwhile, is up 14.47% year-to-date, and Intuit Inc is up 33.73% year-to-date. DE makes up approximately 2.4% of the underlying holdings of XLI.
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721744.0
2019-11-27 00:00:00 UTC
Dow Jones News: Apple Ramps Up AirPods Pro Production; Caterpillar Down on Weak Deere Forecast
DE
https://www.nasdaq.com/articles/dow-jones-news%3A-apple-ramps-up-airpods-pro-production-caterpillar-down-on-weak-deere
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The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.15% at 1:30 p.m. EST Wednesday, recovering from a small morning slump. A strong retail sales forecast for the pre-Thanksgiving period may be helping things along. Turning to individual stocks, Apple (NASDAQ: AAPL) rose following a report that the tech giant was doubling production of its pricey AirPods Pro wireless earbuds, while Caterpillar (NYSE: CAT) sank after some rough guidance from Deere (NYSE: DE). Apple ramps up AirPods Pro production Demand for $250 wireless headphones is apparently quite strong. According to Nikkei Asian Review, Apple has doubled production of its AirPods Pro, to 2 million units per month, in an effort to satisfy consumers' unquenchable thirst for the very expensive gadgets. Apple stock was up 0.9% on the news. The Pro version of the AirPods is produced at factories operated by Chinese supplier Luxshare, while the lower-cost AirPods are split between multiple suppliers. Apple is reportedly leaning on Luxshare to ramp up production of the Pro version, while also asking suppliers to increase production of the standard AirPods. Image source: Apple. Last week, Bloomberg reported that overall AirPod sales are expected to hit 60 million units in 2019, partly due to higher-than-expected demand for the Pro version. With iPhone sales in a prolonged slump, non-iPhone products will need to pick up the slack for Apple in the years ahead. Apple doesn't break out sales of AirPods, instead lumping them into its wearables, home, and accessories segment. That segment generated $24.5 billion of revenue in fiscal 2019, up 41% year over year. In addition to AirPods, the Apple Watch contributed to the segment's growth. Apple doesn't disclose profitability of its segments, so it's unclear whether these new products are capable of fully offsetting lower iPhone profits. Apple's operating profit tumbled 9.8% in fiscal 2019, despite a smaller 2% decline in revenue. Competition is coming for Apple in 2020: Microsoft is planning to launch its delayed Surface Earbuds in the spring, and Alphabet's Google will release its Pixel Buds around the same time. This holiday season, though, Apple's AirPods are positioned to be big sellers. Caterpillar smacked by weak Deere guidance Shares of Caterpillar were down 0.6% Wednesday after rival Deere warned about profits in 2020. Deere beat analyst estimates for fourth-quarter revenue with 4.3% growth, but the company pointed to uncertainties in the agricultural sector. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said Deere CEO John May. For fiscal 2020, Deere expects to produce net income between $2.7 billion and $3.1 billion, down from $3.25 billion in fiscal 2019. "Despite present challenges, the longer-term outlook for our businesses remains healthy and points to a promising future for Deere," continued May. Caterpillar reported its third-quarter results in October, slashing its full-year outlook as dealers reduced inventories and end-user demand came in below expectations. Caterpillar now expects to produce earnings per share between $10.90 and $11.40 this year, down from an earlier outlook of $12.06 to $13.06. With Deere guiding for a profit decline in 2020, Caterpillar may follow suit when it reports its own fourth-quarter results. 10 stocks we like better than Apple When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors. Timothy Green has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Apple, and Microsoft and recommends the following options: long January 2021 $85 calls on Microsoft. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Competition is coming for Apple in 2020: Microsoft is planning to launch its delayed Surface Earbuds in the spring, and Alphabet's Google will release its Pixel Buds around the same time. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said Deere CEO John May. Turning to individual stocks, Apple (NASDAQ: AAPL) rose following a report that the tech giant was doubling production of its pricey AirPods Pro wireless earbuds, while Caterpillar (NYSE: CAT) sank after some rough guidance from Deere (NYSE: DE).
Turning to individual stocks, Apple (NASDAQ: AAPL) rose following a report that the tech giant was doubling production of its pricey AirPods Pro wireless earbuds, while Caterpillar (NYSE: CAT) sank after some rough guidance from Deere (NYSE: DE). Apple ramps up AirPods Pro production Demand for $250 wireless headphones is apparently quite strong. Last week, Bloomberg reported that overall AirPod sales are expected to hit 60 million units in 2019, partly due to higher-than-expected demand for the Pro version.
Turning to individual stocks, Apple (NASDAQ: AAPL) rose following a report that the tech giant was doubling production of its pricey AirPods Pro wireless earbuds, while Caterpillar (NYSE: CAT) sank after some rough guidance from Deere (NYSE: DE). Apple ramps up AirPods Pro production Demand for $250 wireless headphones is apparently quite strong. Last week, Bloomberg reported that overall AirPod sales are expected to hit 60 million units in 2019, partly due to higher-than-expected demand for the Pro version.
Apple ramps up AirPods Pro production Demand for $250 wireless headphones is apparently quite strong. Turning to individual stocks, Apple (NASDAQ: AAPL) rose following a report that the tech giant was doubling production of its pricey AirPods Pro wireless earbuds, while Caterpillar (NYSE: CAT) sank after some rough guidance from Deere (NYSE: DE). Last week, Bloomberg reported that overall AirPod sales are expected to hit 60 million units in 2019, partly due to higher-than-expected demand for the Pro version.
02445965-3473-4da2-b9c7-1900cd697dfb
721745.0
2019-11-27 00:00:00 UTC
What Happened in the Stock Market Today
DE
https://www.nasdaq.com/articles/what-happened-in-the-stock-market-today-2019-11-27
nan
nan
Major benchmarks rose Wednesday after the Commerce Department reported that the U.S. economy expanded 2.1% in the third quarter, exceeding previous estimates. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) closed at new records, with biotech stocks up strongly again and the consumer discretionary sector making a nice gain. Today's stock market Data source: Yahoo! Finance. As for individual stocks, a positive earnings report from HP (NYSE: HPQ) didn't inspire investors focused on a takeover bid from Xerox, and Deere (NYSE: DE) warned about weak spending by U.S. farmers. Image source: Getty Images. HP bolsters its case for rejecting Xerox bid HP reported results for the fiscal fourth quarter that beat expectations, but investors are focused on the merger drama with Xerox, and shares slipped 1.4%. Revenue inched up 0.3% to $15.4 billion, which was better than the slight decline analysts were expecting. Adjusted EPS grew 11% to $0.60, $0.01 above the high end of earlier guidance. The company's personal computer segment delivered 4% revenue growth, but as has been the case in earlier quarters, HP's printing business, and particularly its lucrative supplies business, was the weak point. Printing revenue fell 6%, with hardware unit sales down 9% and supplies revenue down 7%. Xerox issued a letter yesterday confirming that it's launching an attempt at a hostile takeover, but HP wouldn't comment on the bid in the conference call with analysts. HP CEO Enrique Lores declared, "Our strategy is working," but investors seem less than convinced, and the positive Q3 results may weaken Xerox's case for its bid. Deere sees a challenging year ahead Shares of Deere dropped 4.3% after the company reported strong results for the fiscal fourth quarter but gave a downbeat forecast for next year. Net sales and revenue increased 5% to $9.9 billion and net equipment sales grew 4% to $8.7 billion when analysts were expecting 2% growth. Adjusted earnings per share fell 7% to $2.14, beating the analyst consensus by $0.01. Net income for the fiscal year came to $3.25 billion, which was ahead of the $3.2 billion the company said in August to expect, but Deere cited challenges the company faced in the quarter. Trade tensions and poor growing and harvesting conditions this year have made farmers cautious about buying new equipment, and the company's leasing business had a sharp profit decline due to falling residual values. Looking ahead, Deere sees the challenges continuing into 2020. The company projects net income to be between $2.7 billion and $3.1 billion, a decline of 11% at the midpoint, and an outlook that disappointed investors who were looking for growth next year. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. In fact, the newsletter they run, Motley Fool Stock Advisor, has quadrupled the S&P 500!* Tom and David just revealed their ten top stock picks for investors to buy right now. Click here to get access to the full list! *Stock Advisor returns as of June 1, 2019. Jim Crumly has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) closed at new records, with biotech stocks up strongly again and the consumer discretionary sector making a nice gain. Trade tensions and poor growing and harvesting conditions this year have made farmers cautious about buying new equipment, and the company's leasing business had a sharp profit decline due to falling residual values. Major benchmarks rose Wednesday after the Commerce Department reported that the U.S. economy expanded 2.1% in the third quarter, exceeding previous estimates.
As for individual stocks, a positive earnings report from HP (NYSE: HPQ) didn't inspire investors focused on a takeover bid from Xerox, and Deere (NYSE: DE) warned about weak spending by U.S. farmers. Deere sees a challenging year ahead Shares of Deere dropped 4.3% after the company reported strong results for the fiscal fourth quarter but gave a downbeat forecast for next year. Major benchmarks rose Wednesday after the Commerce Department reported that the U.S. economy expanded 2.1% in the third quarter, exceeding previous estimates.
As for individual stocks, a positive earnings report from HP (NYSE: HPQ) didn't inspire investors focused on a takeover bid from Xerox, and Deere (NYSE: DE) warned about weak spending by U.S. farmers. Net income for the fiscal year came to $3.25 billion, which was ahead of the $3.2 billion the company said in August to expect, but Deere cited challenges the company faced in the quarter. Major benchmarks rose Wednesday after the Commerce Department reported that the U.S. economy expanded 2.1% in the third quarter, exceeding previous estimates.
Net income for the fiscal year came to $3.25 billion, which was ahead of the $3.2 billion the company said in August to expect, but Deere cited challenges the company faced in the quarter. Offer from The Motley Fool: The 10 best stocks to buy now Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. Major benchmarks rose Wednesday after the Commerce Department reported that the U.S. economy expanded 2.1% in the third quarter, exceeding previous estimates.
7e974bcf-7c65-4e16-85f1-921019cfeaf6
721746.0
2019-11-27 00:00:00 UTC
Deere And Co Q4 19 Earnings Conference Call At 10:00 AM ET
DE
https://www.nasdaq.com/articles/deere-and-co-q4-19-earnings-conference-call-at-10%3A00-am-et-2019-11-27
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(RTTNews) - Deere And Co. (DE) will host a conference call at 10:00 AM ET on November 27, 2019, to discuss Q4 19 earnings results. To access the live webcast, log on to https://investor.deere.com/home/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere And Co. (DE) will host a conference call at 10:00 AM ET on November 27, 2019, to discuss Q4 19 earnings results. To access the live webcast, log on to https://investor.deere.com/home/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere And Co. (DE) will host a conference call at 10:00 AM ET on November 27, 2019, to discuss Q4 19 earnings results. To access the live webcast, log on to https://investor.deere.com/home/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere And Co. (DE) will host a conference call at 10:00 AM ET on November 27, 2019, to discuss Q4 19 earnings results. To access the live webcast, log on to https://investor.deere.com/home/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere And Co. (DE) will host a conference call at 10:00 AM ET on November 27, 2019, to discuss Q4 19 earnings results. To access the live webcast, log on to https://investor.deere.com/home/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
254cd5ea-71ad-4c98-b0dc-8ed34f5d2ee6
721747.0
2019-11-27 00:00:00 UTC
Deere & Co Q4 Profit Declines; Stock Down - Quick Facts
DE
https://www.nasdaq.com/articles/deere-co-q4-profit-declines-stock-down-quick-facts-2019-11-27
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(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the fourth quarter ended November 3, 2019 declined to $722 million or $2.27 per share, from $785 million or $2.42 per share last year. Adjusted net income was $2.14, compared to $2.30 in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $2.13 per share for the quarter. Analysts' estimates typically exclude special items. Net sales were $8.70 billion up from $8.34 billion in the previous year. Analysts expected revenues of $8.53 billion. Worldwide net sales and revenues increased 5 percent to $9.896 billion from last year. Looking ahead for fiscal 2020, the company expects net income attributable to the company to be in a range of $2.7 billion to $3.1 billion. In Wednesday pre-market trade, DE is trading at $169.74, down $6.97 or 3.94%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the fourth quarter ended November 3, 2019 declined to $722 million or $2.27 per share, from $785 million or $2.42 per share last year. Worldwide net sales and revenues increased 5 percent to $9.896 billion from last year. Analysts' estimates typically exclude special items.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the fourth quarter ended November 3, 2019 declined to $722 million or $2.27 per share, from $785 million or $2.42 per share last year. Analysts' estimates typically exclude special items. Worldwide net sales and revenues increased 5 percent to $9.896 billion from last year.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the fourth quarter ended November 3, 2019 declined to $722 million or $2.27 per share, from $785 million or $2.42 per share last year. Analysts' estimates typically exclude special items. Worldwide net sales and revenues increased 5 percent to $9.896 billion from last year.
(RTTNews) - Deere & Co. (DE) reported that its net income attributable to the company for the fourth quarter ended November 3, 2019 declined to $722 million or $2.27 per share, from $785 million or $2.42 per share last year. Analysts' estimates typically exclude special items. Worldwide net sales and revenues increased 5 percent to $9.896 billion from last year.
60c30f70-a27f-4b22-844d-2c332d5f845d
721748.0
2019-11-27 00:00:00 UTC
Deere And Co Q4 adjusted earnings Beat Estimates
DE
https://www.nasdaq.com/articles/deere-and-co-q4-adjusted-earnings-beat-estimates-2019-11-27
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(RTTNews) - Deere And Co (DE) announced a profit for fourth quarter that dropped from last year. The company's bottom line totaled $722 million, or $2.27 per share. This compares with $785 million, or $2.42 per share, in last year's fourth quarter. Excluding items, Deere And Co reported adjusted earnings of $681 million or $2.14 per share for the period. Analysts had expected the company to earn $2.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items. The company's revenue for the quarter rose 5.1% to $9.90 billion from $9.42 billion last year. Deere And Co earnings at a glance: -Earnings (Q4): $681 Mln. vs. $748 Mln. last year. -EPS (Q4): $2.14 vs. $2.30 last year. -Analysts Estimate: $2.13 -Revenue (Q4): $9.90 Bln vs. $9.42 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Deere And Co (DE) announced a profit for fourth quarter that dropped from last year. Excluding items, Deere And Co reported adjusted earnings of $681 million or $2.14 per share for the period. Analysts' estimates typically exclude special items.
Excluding items, Deere And Co reported adjusted earnings of $681 million or $2.14 per share for the period. (RTTNews) - Deere And Co (DE) announced a profit for fourth quarter that dropped from last year. Analysts' estimates typically exclude special items.
Excluding items, Deere And Co reported adjusted earnings of $681 million or $2.14 per share for the period. (RTTNews) - Deere And Co (DE) announced a profit for fourth quarter that dropped from last year. Analysts' estimates typically exclude special items.
Excluding items, Deere And Co reported adjusted earnings of $681 million or $2.14 per share for the period. (RTTNews) - Deere And Co (DE) announced a profit for fourth quarter that dropped from last year. Analysts' estimates typically exclude special items.
dc5d43d7-dd9c-4c83-880c-998cf615ffa4
721749.0
2019-11-27 00:00:00 UTC
EARNINGS- Deere's earnings fall on trade tensions, poor weather
DE
https://www.nasdaq.com/articles/earnings-deeres-earnings-fall-on-trade-tensions-poor-weather-2019-11-27
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Adds more details, adds share price CHICAGO, Nov 27 (Reuters) - Deere & Co. DE.N on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers. For the quarter ended on Nov. 3, it reported an adjusted profit of $2.14 per share, down from $2.30 per share last year. That compares with average analyst estimates of $2.13 per share, according to Refinitiv Eikon data. The Moline, Illinois-based company said it expects net income of $2.7 billion to $3.1 billion in the fiscal 2020. The forecast is lower than average analyst estimates of $3.5 billion for the year. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said new chief executive officer John May. Deere's worldwide sales of agriculture and turf equipment are forecast to decline 5% to 10% next year. Industry sales of agricultural equipment in the U.S. and Canada, the company's biggest market, are expected to be down about 5%, on the back of lower demand for large equipment. Sales at the company's construction and forestry division are expected to be down 10% to 15% in 2020. Deere's shares, which have gained about 19% this year, were down 4.3% in pre-market trade. (Reporting by Rajesh Kumar Singh, editing by Louise Heavens and Chizu Nomiyama) ((rajeshkumar.singh@thomsonreuters.com; +1-312-408-8537; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Adds more details, adds share price CHICAGO, Nov 27 (Reuters) - Deere & Co. DE.N on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said new chief executive officer John May. Deere's worldwide sales of agriculture and turf equipment are forecast to decline 5% to 10% next year.
Adds more details, adds share price CHICAGO, Nov 27 (Reuters) - Deere & Co. DE.N on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers. For the quarter ended on Nov. 3, it reported an adjusted profit of $2.14 per share, down from $2.30 per share last year. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said new chief executive officer John May.
Adds more details, adds share price CHICAGO, Nov 27 (Reuters) - Deere & Co. DE.N on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers. "Lingering trade tensions coupled with a year of difficult growing and harvesting conditions have caused many farmers to become cautious about making major investments in new equipment," said new chief executive officer John May. Industry sales of agricultural equipment in the U.S. and Canada, the company's biggest market, are expected to be down about 5%, on the back of lower demand for large equipment.
Deere's worldwide sales of agriculture and turf equipment are forecast to decline 5% to 10% next year. Deere's shares, which have gained about 19% this year, were down 4.3% in pre-market trade. Adds more details, adds share price CHICAGO, Nov 27 (Reuters) - Deere & Co. DE.N on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed equipment purchases by farmers.
e5725718-d8fb-4ceb-891e-6f12f9398b2e
721750.0
2019-11-21 00:00:00 UTC
Bank of America Stock Needs Help to Jump Start Its Rally
DE
https://www.nasdaq.com/articles/bank-of-america-stock-needs-help-to-jump-start-its-rally-2019-11-21
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The recent rally in the Bank of America (NYSE:) stock price has been a surprise. Starting early last month, Bank of America’s stock soared over 20%, and touched a post-financial crisis high. Source: 4kclips / Shutterstock.com Admittedly, in one sense the gains in BAC shouldn’t be a surprise at all. In early October, BAC stock was as cheap as it has been in years (and maybe ever) on an earnings basis. Third-quarter earnings in mid-October came in . BofA and JPMorgan Chase (NYSE:) have been my two favorite big bank names. The 20%+ gains seem like a rally that was long overdue. But it’s the timing of the rally that was a surprise — at least from here. After all, all those conditions largely have existed since the beginning of 2018. Earnings have been strong. Valuation has been reasonable. The economy has been solid, with low unemployment reflected in significantly reduced charge-offs and delinquencies. Despite those positives, Bank of America stock has struggled. At October lows, the stock was down almost 10% from where it traded at the beginning of 2018. External factors — notably interest rate worries and cyclical concerns — had on the BAC stock price. And while I was bullish long-term, I argued just ahead of the rally that the sideways trading would continue, largely due to those external factors. Obviously, that analysis was wrong. Now, the question going forward is if Bank of America stock can surprise once again. It might be tough for it to do so. Why Has BAC Stock Rallied? Again, there are two broad reasons to suggest that Bank of America stock should be relatively cheap at the moment based on both earnings and book value. First is the cyclical risk. Banks like BofA are obviously sensitive to macroeconomic factors. And in year eleven of a U.S. economic expansion, investors have worried off and on that the economy is “due” for a stumble. Second, interest rate expectations continue to come down. That, in turn, pressures net interest margin for big banks, including BofA. It also suggests pressure on profits or at least minimal growth going forward. As far as the cyclical risk goes, BAC stock isn’t the only name where investor optimism has clearly risen. Classic cyclical names like Caterpillar (NYSE:) and Deere (NYSE:) have rallied. Home Depot (NYSE:) broke out despite macro risk before . Industrial stocks have also bounced, with the Industrial Select Sector SPDR Fund (NYSE:) climbing over 10% in about seven weeks. But on the interest rate front, the news actually doesn’t look all that positive. The Federal Reserve for a second time in September. That should have been a concern for the likes of BAC and JPM, and indeed the cut interrupted a modest bounce in both stocks. But after digesting the news, investors decided that BofA still could keep earnings intact — and maybe even growing — in a low interest rate environment that seems likely to persist for years to come. How Bank of America Stock Performs Going Forward The problem at the moment is that Bank of America stock needs the market to stay similarly optimistic in terms of both risks. Right now, that isn’t the case. Cyclical fears seem to be popping up again. Other cyclical names have also softened in recent sessions. The trade war still hovers over the market, and the economy. A contentious 2020 U.S. presidential election looms, and could cause consumers on either side of the political divide to pull back on spending. On the interest rate front, meanwhile, the news simply seems like it’s not going to get better. If interest rates are being cut now, it’s hard to imagine under what circumstances they’d be raised again. In other words, after the rally, Bank of America stock still seems to be stuck in the same spot it has been. Long term, the stock can rise. A 2.2% helps the case. But short-term, BAC still relies on the market taking on cyclical and interest rate risks. For a few weeks, the market was happy to do so, and Bank of America stock soared. For it to soar again, or even hold these gains, that external optimism will need to continue. As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
And while I was bullish long-term, I argued just ahead of the rally that the sideways trading would continue, largely due to those external factors. But after digesting the news, investors decided that BofA still could keep earnings intact — and maybe even growing — in a low interest rate environment that seems likely to persist for years to come. The economy has been solid, with low unemployment reflected in significantly reduced charge-offs and delinquencies.
The economy has been solid, with low unemployment reflected in significantly reduced charge-offs and delinquencies. Despite those positives, Bank of America stock has struggled. At October lows, the stock was down almost 10% from where it traded at the beginning of 2018.
The economy has been solid, with low unemployment reflected in significantly reduced charge-offs and delinquencies. Despite those positives, Bank of America stock has struggled. At October lows, the stock was down almost 10% from where it traded at the beginning of 2018.
The economy has been solid, with low unemployment reflected in significantly reduced charge-offs and delinquencies. Despite those positives, Bank of America stock has struggled. At October lows, the stock was down almost 10% from where it traded at the beginning of 2018.
db29d551-93f0-40cf-abcd-368a5b3ead59
721751.0
2019-11-14 00:00:00 UTC
3 Top Industrial Stocks to Watch in November
DE
https://www.nasdaq.com/articles/3-top-industrial-stocks-to-watch-in-november-2019-11-14
nan
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It's no secret that global growth has slowed in 2019, and the industrial economy in particular has taken a downturn. The near-term outlook is negative, but long-term investors don't buy stocks with a quarter-by-quarter view. The big question is when the cycle will turn positive again. With this in mind, three companies giving earnings reports in November -- Rockwell Automation (NYSE: ROK), Analog Devices (NASDAQ: ADI), and Deere (NYSE: DE) -- will help to provide answers for investors in stocks ranging across a wide swath of industries. stock market report" src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F547290%2Fgettyimages-1155610132.jpg&w=700" /> Image source: Getty Images. Rockwell Automation for automotives, robotics, and industrial automation The company is one of the leading factory automation companies in the world, and as such, its revenue is other companies' capital spending, making it a key bellwether of overall industrial conditions. The company gives its fourth-quarter results in the middle of November, and aside from the general market commentary, there are three things to keep an eye out for. First, management believes that organic sales will decline by 3% to 3.5% in the fourth quarter, but aside from the headline number, investors should focus on the architecture and software systems segment results and revenue growth outlook -- it tends to be more exposed to short-cycle spending patterns and so will lead the direction of Rockwell's overall sales. Data source: Company presentations. The second thing to look for is its guidance on its automotive end market. Rockwell CEO Blake Moret started fiscal 2019 expecting flat sales growth from the automotive end market, only to reduce expectations to a mid-single-digit decline on theearnings callin January and then cut it to a 10% decline in April. Will Rockwell meet this guidance? And what will Moret say about 2020? Third, semiconductor spending has been weak in 2019, but companies that supply the market such as 3M, Siemens, and Lam Research have all been pointing to improving conditions lately, and it wouldn't be a surprise if Rockwell indicated potential improvement too -- something to look out for. Analog Devices for semiconductors and consumer electronics Speaking of the semiconductor sector, Analog devices will give earnings toward the end of the month, and investors will be looking to see if the sector has really passed a trough, as Siemens CEO Joe Kaeser believes it has. The company's year-over-year sales growth has been in negative territory for the last four quarters, and it's hard to expect much improvement from its automotive end markets, while communications growth has been driven by 5G spending. However, considering the brighter outlook given by some of its peers, it's possible that Analog could report some relatively positive numbers on its consumer end markets and some stabilization in its industrial end market. Analysts have the company eking out 1% sales growth in 2020, and it will be interesting to see whether the company guidance matches or even meets that estimate as it reports its fourth-quarter 2019 results. Meanwhile, for broader market watchers, it's worth noting that semiconductor capital spending is often seen as being a very early-cycle activity, and if it comes back, investors can feel more positive about the general economic outlook in 2020. Data source: Company presentations. Deere for agriculture and construction Agricultural and construction machinery company Deere will also give its fourth-quarter results at the end of the month. The key things to look out for are its outlook for U.S. and Canadian agricultural machinery equipment sales in 2020 and its overall construction equipment sales forecast. It's been a complicated year for the company, with a combination of the fallout of the trade war (agriculture has been a key battleground, leading to a slump in U.S. soybean exports to China) and African swine fever causing dramatic declines in China's pig herd and consequently its demand for soybean meal. As such, management now expects its full-year U.S. and Canadian agricultural equipment sales to be flat compared to a forecast for flat to up 5% given at the start of the fiscal year. The key question is what Deere will guide toward for 2020. The answer will tell investors a lot about how the trade war is impacting the U.S. agricultural sector. Data source: Company presentations. Deere also has a construction equipment business, and as you can see in the table above, the construction segment has also lowered full-year guidance through the year. That said, there's been some evidence of an improvement in the construction end market recently -- for example, industrial supply company Fastenal's construction sales data and Caterpillar's rolling three-month construction machinery retail sales turned positive in October after a few months in negative territory. Looking ahead Given the recent strength in the S&P 500 and the 24% gain so far this year, the market appears to believe the industrial economy will avoid a recession. However, investors will feel a lot more confident if companies like Rockwell, Analog Devices, and Deere give decent outlooks, and what their managements say will guide investors as to which sectors are best placed to invest in during 2020. 10 stocks we like better than Analog Devices When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Analog Devices wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Lee Samaha owns shares of Siemens AG (ADR). The Motley Fool recommends 3M, Fastenal, and Lam Research. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Meanwhile, for broader market watchers, it's worth noting that semiconductor capital spending is often seen as being a very early-cycle activity, and if it comes back, investors can feel more positive about the general economic outlook in 2020. It's been a complicated year for the company, with a combination of the fallout of the trade war (agriculture has been a key battleground, leading to a slump in U.S. soybean exports to China) and African swine fever causing dramatic declines in China's pig herd and consequently its demand for soybean meal. With this in mind, three companies giving earnings reports in November -- Rockwell Automation (NYSE: ROK), Analog Devices (NASDAQ: ADI), and Deere (NYSE: DE) -- will help to provide answers for investors in stocks ranging across a wide swath of industries.
With this in mind, three companies giving earnings reports in November -- Rockwell Automation (NYSE: ROK), Analog Devices (NASDAQ: ADI), and Deere (NYSE: DE) -- will help to provide answers for investors in stocks ranging across a wide swath of industries. Rockwell CEO Blake Moret started fiscal 2019 expecting flat sales growth from the automotive end market, only to reduce expectations to a mid-single-digit decline on theearnings callin January and then cut it to a 10% decline in April. That said, there's been some evidence of an improvement in the construction end market recently -- for example, industrial supply company Fastenal's construction sales data and Caterpillar's rolling three-month construction machinery retail sales turned positive in October after a few months in negative territory.
With this in mind, three companies giving earnings reports in November -- Rockwell Automation (NYSE: ROK), Analog Devices (NASDAQ: ADI), and Deere (NYSE: DE) -- will help to provide answers for investors in stocks ranging across a wide swath of industries. That said, there's been some evidence of an improvement in the construction end market recently -- for example, industrial supply company Fastenal's construction sales data and Caterpillar's rolling three-month construction machinery retail sales turned positive in October after a few months in negative territory. The company gives its fourth-quarter results in the middle of November, and aside from the general market commentary, there are three things to keep an eye out for.
Deere for agriculture and construction Agricultural and construction machinery company Deere will also give its fourth-quarter results at the end of the month. That said, there's been some evidence of an improvement in the construction end market recently -- for example, industrial supply company Fastenal's construction sales data and Caterpillar's rolling three-month construction machinery retail sales turned positive in October after a few months in negative territory. However, investors will feel a lot more confident if companies like Rockwell, Analog Devices, and Deere give decent outlooks, and what their managements say will guide investors as to which sectors are best placed to invest in during 2020.
64267668-019c-4305-8362-d04085777881
721752.0
2019-11-08 00:00:00 UTC
How Nvidia (NVDA) and AI Can Help Farmers Fight Weeds And Invasive Plants
DE
https://www.nasdaq.com/articles/how-nvidia-nvda-and-ai-can-help-farmers-fight-weeds-and-invasive-plants-2019-11-08
nan
nan
A gricultural fields are no less than a battlefield. Irrespective of terrain, geography and type, crops have to compete against scores of different weeds, species of hungry insects, nematodes and a broad array of diseases. Weeds, or invasive plants, aggressively compete for soil nutrients, light and water, posing a serious threat to agricultural production and biodiversity. Weeds directly and indirectly result in tremendous losses to the farm sector, which convert to billions each year worldwide. To combat these challenges, the farm sector is looking at Artificial Intelligence (AI) based solutions. Here’s a look at two such initiatives powered by NVIDIA Corporation (NVDA). Invasive Plants The damage wrought by plant pests and diseases can reach up to 40% of global crop yields each year as per estimates by the Food and Agricultural Organization of the United States. Among the pests, “weeds are considered an important biotic constraint to food production.” The competition for survival between weeds and crops reduces agricultural output both qualitatively and quantitatively. It is estimated that the annual cost of weeds to Australian agriculture is $4 billion through yield losses and product contamination. The Weed Science Society of America (WSSA) reports that on an annual basis, potential loss in value for corn is $27 billion and for soybean it is $16 billion based on data from 2007 to 2013. In India, an assessment by the Directorate of Weed Research shows that India loses crop worth $11 billion every year to weeds. One of the most common ways to control weed is to spray the entire field with herbicides. This method involves significant cost, wastage, health problems and environmental pollution. While the real cost of weeds to the environment is difficult to calculate, “it is expected that the cost would be similar to, if not greater than, that estimated for agricultural industries,” according to a note by the department of environment of Australia. Enter AI Today, advanced technologies are being increasingly applied to a number of industries and sectors, agriculture being one of them. One such technique is that of precision farming, which allows for farmers to reduce their use of chemical inputs, machinery and water for irrigation by using information about the soil, temperature, humidity, seeds, farm equipment, livestock, fertilizers, terrain, crops sown, and water usage, among other things. A growing number of companies and start-ups are creating AI-based agricultural solutions. Cameras, sensors and AI on the fields allow farmers to manage their fields better and use pesticides more precisely. Blue River Technology's See & Spray uses computer vision and AI to detect, identify, and make management decisions about every single plant in the field. In 2017, Blue River Technology was acquired by Deere & Company (DE). Today the See & Spray, which is a 40-feet wide machine covering 12 rows of crops, is pulled by Deere tractors and is powered by Nvidia. The machine uses around 30 mounted cameras to capture photos of plants every 50 milliseconds and these are processed through its on-board 25 Jetson AGX Xavier supercomputing modules. As the tractor continues to move, the Jetson Xavier modules running Blue River’s image recognition algorithms make super quick decisions based on the image inputs received on whether it is a weed or crop plant. See & Spray machine has been able to achieve good success by using less than 1/10th the herbicide of typical weed control. Further, a research paper published in 2018 by M Dian Bah, Adel Hafiane and Raphael Canals proposed “a novel fully automatic learning method using convolutional neuronal networks (CNNs) with an unsupervised training dataset collection for weed detection from UAV images.” Drone images of beet, bean and spinach crops were used for the study. The researchers used a cluster of NVIDIA Quadro GPUs to train the neural networks. The researchers say that, “using NVIDIA Quadro GPUs shrunk training time from one week on a high-end CPU down to a few hours.” The study archived a precision of 93%, 81% and 69% for beet, spinach and bean, respectively. While these initiatives are working on precision-based use of any chemical product in the fields, neural networks can be trained to detect ‘infected areas’ in plants using images. One such study is being done on the detection of symptoms of disease in grape leaves. Early detection can play an important factor in preventing a serious disease and stop an epidemic spread in vineyards. The use of technology can help in solving multiple problems faced by farmers, saving valuable resource and reduce the damage done to the environment. The statement by FOA chief, “the future of agriculture is not input-intensive but technology-intensive” aptly sums up the role that technology and technology providers will play in the farm sector. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Blue River Technology's See & Spray uses computer vision and AI to detect, identify, and make management decisions about every single plant in the field. Further, a research paper published in 2018 by M Dian Bah, Adel Hafiane and Raphael Canals proposed “a novel fully automatic learning method using convolutional neuronal networks (CNNs) with an unsupervised training dataset collection for weed detection from UAV images.” Drone images of beet, bean and spinach crops were used for the study. Irrespective of terrain, geography and type, crops have to compete against scores of different weeds, species of hungry insects, nematodes and a broad array of diseases.
As the tractor continues to move, the Jetson Xavier modules running Blue River’s image recognition algorithms make super quick decisions based on the image inputs received on whether it is a weed or crop plant. Irrespective of terrain, geography and type, crops have to compete against scores of different weeds, species of hungry insects, nematodes and a broad array of diseases. Weeds directly and indirectly result in tremendous losses to the farm sector, which convert to billions each year worldwide.
Among the pests, “weeds are considered an important biotic constraint to food production.” The competition for survival between weeds and crops reduces agricultural output both qualitatively and quantitatively. As the tractor continues to move, the Jetson Xavier modules running Blue River’s image recognition algorithms make super quick decisions based on the image inputs received on whether it is a weed or crop plant. Further, a research paper published in 2018 by M Dian Bah, Adel Hafiane and Raphael Canals proposed “a novel fully automatic learning method using convolutional neuronal networks (CNNs) with an unsupervised training dataset collection for weed detection from UAV images.” Drone images of beet, bean and spinach crops were used for the study.
Weeds directly and indirectly result in tremendous losses to the farm sector, which convert to billions each year worldwide. While the real cost of weeds to the environment is difficult to calculate, “it is expected that the cost would be similar to, if not greater than, that estimated for agricultural industries,” according to a note by the department of environment of Australia. Irrespective of terrain, geography and type, crops have to compete against scores of different weeds, species of hungry insects, nematodes and a broad array of diseases.
22d8b8e6-c92c-4be2-9200-7983692cd221
721753.0
2019-11-06 00:00:00 UTC
Notable Wednesday Option Activity: CLX, ALXN, DE
DE
https://www.nasdaq.com/articles/notable-wednesday-option-activity%3A-clx-alxn-de-2019-11-06
nan
nan
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Clorox Co (Symbol: CLX), where a total of 4,309 contracts have traded so far, representing approximately 430,900 underlying shares. That amounts to about 48.4% of CLX's average daily trading volume over the past month of 890,645 shares. Especially high volume was seen for the $140 strike put option expiring November 15, 2019, with 1,575 contracts trading so far today, representing approximately 157,500 underlying shares of CLX. Below is a chart showing CLX's trailing twelve month trading history, with the $140 strike highlighted in orange: Alexion Pharmaceuticals Inc. (Symbol: ALXN) options are showing a volume of 8,613 contracts thus far today. That number of contracts represents approximately 861,300 underlying shares, working out to a sizeable 48% of ALXN's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $110 strike put option expiring November 29, 2019, with 1,140 contracts trading so far today, representing approximately 114,000 underlying shares of ALXN. Below is a chart showing ALXN's trailing twelve month trading history, with the $110 strike highlighted in orange: And Deere & Co. (Symbol: DE) options are showing a volume of 8,616 contracts thus far today. That number of contracts represents approximately 861,600 underlying shares, working out to a sizeable 43.9% of DE's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $170 strike put option expiring November 15, 2019, with 591 contracts trading so far today, representing approximately 59,100 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: For the various different available expirations for CLX options, ALXN options, or DE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $140 strike put option expiring November 15, 2019, with 1,575 contracts trading so far today, representing approximately 157,500 underlying shares of CLX. Especially high volume was seen for the $110 strike put option expiring November 29, 2019, with 1,140 contracts trading so far today, representing approximately 114,000 underlying shares of ALXN. Especially high volume was seen for the $170 strike put option expiring November 15, 2019, with 591 contracts trading so far today, representing approximately 59,100 underlying shares of DE.
That number of contracts represents approximately 861,300 underlying shares, working out to a sizeable 48% of ALXN's average daily trading volume over the past month, of 1.8 million shares. Below is a chart showing ALXN's trailing twelve month trading history, with the $110 strike highlighted in orange: And Deere & Co. (Symbol: DE) options are showing a volume of 8,616 contracts thus far today. Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Clorox Co (Symbol: CLX), where a total of 4,309 contracts have traded so far, representing approximately 430,900 underlying shares.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Clorox Co (Symbol: CLX), where a total of 4,309 contracts have traded so far, representing approximately 430,900 underlying shares. Especially high volume was seen for the $140 strike put option expiring November 15, 2019, with 1,575 contracts trading so far today, representing approximately 157,500 underlying shares of CLX. Especially high volume was seen for the $170 strike put option expiring November 15, 2019, with 591 contracts trading so far today, representing approximately 59,100 underlying shares of DE.
That number of contracts represents approximately 861,600 underlying shares, working out to a sizeable 43.9% of DE's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $170 strike put option expiring November 15, 2019, with 591 contracts trading so far today, representing approximately 59,100 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: For the various different available expirations for CLX options, ALXN options, or DE options, visit StockOptionsChannel.com.
bd18293f-d2c7-4028-86b6-f72eeb8034e7
721754.0
2019-11-06 00:00:00 UTC
How Much Could Caterpillar's Stock Gain If It Successfully Achieves Its Q4 Cost-Reduction Target?
DE
https://www.nasdaq.com/articles/how-much-could-caterpillars-stock-gain-if-it-successfully-achieves-its-q4-cost-reduction
nan
nan
Caterpillar’s (NYSE: CAT) stock price fell roughly 3% when the company posted a rather soft results for its Q3 2019 earnings. The company missed consensus estimates on earnings and revenue by a margin, and also lowered its full-year outlook. Despite the bad news, the stock recovered over trading on the day of the earnings announcement, and ended the day 1% higher than its opening price. The primary reason for the subsequent rally in the company’s stock was the assurance provided by the management that the company would cut production to match dealer demand. Trefis quantifies the impact of Caterpillar’s cost-cutting efforts on its stock price in its interactive dashboard What Is The Upside To Caterpillar’s Stock if it Can Reduce Costs In Q4’19? We conclude that if Caterpillar can stick to its cost target for Q4 2019, then the fair value of its stock would be $147, as opposed to a figure of $143 in case costs remain at the levels expected before the latest announcement. How Is Caterpillar’s Stock Likely To Benefit? Lower Production Levels Coupled With Cost-Cutting Measures Should Lift Caterpillar’s Bottom Line The primary factor that hurt the company’s performance in Q3 was lower volume driven by reductions in dealer inventory and lower-than-expected demand from end-users. In a bid to adapt quickly to the changing market conditions, the management has vouched to cut production to match dealer demand. If the management is successfully able to cut costs and reduce production levels, it would positively impact the company’s bottom line. As a result, we expect the company’s net margin to improve from our existing forecast of 12.1% to nearly 12.4%. This should push Caterpillar’s EPS towards the higher end of its guidance range of $10.90 to $11.40 for the year. This Could Have A Small Positive Impact On Caterpillar’s Share Price Based on our existing forecast, we estimate the company’s adjusted EPS for full-year 2019 is to be around $11.14. Using this figure with our estimated forward P/E ratio of 13x, this works out to a price estimate of $143 for Caterpillar’s Stock. However, the proposed cost-saving measures could improve the EPS figure for FY’2019 to $11.40. Using this figure with the P/E ratio of 13x, Caterpillar’s share could be worth $147, an increase of about 3% from our base case scenario. Additional details about how Caterpillar’s segment revenues have trended over recent years along with our forecast for 2019 can be found in out interactive dashboard. What’s behind Trefis? See How it’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams More Trefis Data Like our charts? Explore example interactive dashboards and create your own The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The primary reason for the subsequent rally in the company’s stock was the assurance provided by the management that the company would cut production to match dealer demand. In a bid to adapt quickly to the changing market conditions, the management has vouched to cut production to match dealer demand. Despite the bad news, the stock recovered over trading on the day of the earnings announcement, and ended the day 1% higher than its opening price.
Lower Production Levels Coupled With Cost-Cutting Measures Should Lift Caterpillar’s Bottom Line The primary factor that hurt the company’s performance in Q3 was lower volume driven by reductions in dealer inventory and lower-than-expected demand from end-users. Despite the bad news, the stock recovered over trading on the day of the earnings announcement, and ended the day 1% higher than its opening price. The primary reason for the subsequent rally in the company’s stock was the assurance provided by the management that the company would cut production to match dealer demand.
The primary reason for the subsequent rally in the company’s stock was the assurance provided by the management that the company would cut production to match dealer demand. Trefis quantifies the impact of Caterpillar’s cost-cutting efforts on its stock price in its interactive dashboard What Is The Upside To Caterpillar’s Stock if it Can Reduce Costs In Q4’19? We conclude that if Caterpillar can stick to its cost target for Q4 2019, then the fair value of its stock would be $147, as opposed to a figure of $143 in case costs remain at the levels expected before the latest announcement. Lower Production Levels Coupled With Cost-Cutting Measures Should Lift Caterpillar’s Bottom Line The primary factor that hurt the company’s performance in Q3 was lower volume driven by reductions in dealer inventory and lower-than-expected demand from end-users.
Trefis quantifies the impact of Caterpillar’s cost-cutting efforts on its stock price in its interactive dashboard What Is The Upside To Caterpillar’s Stock if it Can Reduce Costs In Q4’19? We conclude that if Caterpillar can stick to its cost target for Q4 2019, then the fair value of its stock would be $147, as opposed to a figure of $143 in case costs remain at the levels expected before the latest announcement. Despite the bad news, the stock recovered over trading on the day of the earnings announcement, and ended the day 1% higher than its opening price. The primary reason for the subsequent rally in the company’s stock was the assurance provided by the management that the company would cut production to match dealer demand.
9bbddb3a-93c1-4746-978f-5ce223380879
721755.0
2019-11-03 00:00:00 UTC
Here's Why iRobot Stock Is Down Nearly 40% in a Year
DE
https://www.nasdaq.com/articles/heres-why-irobot-stock-is-down-nearly-40-in-a-year-2019-11-03
nan
nan
One of the biggest questions that growth stocks face is whether their growth rate is sustainable or not. That's exactly the question being asked by investors in consumer robot company iRobot (NASDAQ: IRBT) after its third-quarter results. Let's look at what happened with one of the biggest robotics stocks on the market and what the company needs to do to get back on track. How iRobot makes money The company has three product lines: robotic vacuum cleaners (Roomba), robotic mops (Braava), and robotic lawn mowers (Terra). The Roomba is by far its most important product -- vacuum cleaners were responsible for $715 million of the $787 million revenue in the first nine months of 2019. The remaining $72 million came from mopping products, while its Terra lawn mowers are being readied for a large-scale launch in the spring of 2021. Image source: Getty Images. The chart below shows the dominance of iRobot's market position in robot vacuum cleaners. Data source: company presentations. EMEA = Europe, Middle East, Africa. Clearly, the key to its immediate future is the Roomba, and it's where iRobot faced problems in its third quarter. Here's an outline of how the company has lowered revenue and earnings expectations through the year. Data source: company presentations. Digging into the details of the third quarter, overall revenue grew 9%, with 25% international growth helping offset a 7% decline in its core U.S. market -- even with the benefit of a large shipment to Amazon that was previously expected to take place in the fourth quarter. What went wrong There was one important change in management's perception during the period: It appears that iRobot's vacuum cleaners don't have the pricing power that management previously thought they might have. Discussing the disappointing U.S. sales in the quarter, CEO Colin Angle highlighted the impact of tariffs on Chinese imports, with tariffs on robot vacuum cleaners rising from 10% last year to 25% in May 2019. Consequently, U.S. growth has moderated well below the 30% compound annual growth rate of the past several years, according to Angle. As you can see in the chart above, iRobot's dominant position in robot vacuum cleaners means it's susceptible to market share erosion. As such, when the company raised its prices to offset the tariff increase, its competitors kept prices static, and customers decided to buy rival products. In response, Angle said, he decided to reset prices to pre-tariff levels earlier this month on most of its products to defend its market position. What it all means If the pricing power of its robot vacuum cleaners in its core market isn't as strong as management's previous perception, that's a key point in a company with such a dominant market position, particularly at a time when sales growth is slowing. That slowing may prove temporary, especially if an easing in trade tensions reduces tariffs, and the robotic vacuum market can grab market share from non-robotic cleaners. But it's clear that iRobot's pricing power isn't strong enough to stop erosion of its market share or margin pressure. Looking ahead The key conclusion is that iRobot is facing more competitive pressure with Roomba than previously thought, and the investment case for the stock is more reliant on developing sales of Braava and Terra. The latter isn't something that can be taken for granted, not least because iRobot is entering a crowded market with companies like Husqvarna, Deere, Honda, and MTD Products (a company Stanley Black & Decker is investing in) already active there. All told, the risk is going up and the reward is going down for iRobot, and that's why the stock has sold off. 10 stocks we like better than iRobot When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and iRobot wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Lee Samaha has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Amazon and iRobot. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In response, Angle said, he decided to reset prices to pre-tariff levels earlier this month on most of its products to defend its market position. Looking ahead The key conclusion is that iRobot is facing more competitive pressure with Roomba than previously thought, and the investment case for the stock is more reliant on developing sales of Braava and Terra. Digging into the details of the third quarter, overall revenue grew 9%, with 25% international growth helping offset a 7% decline in its core U.S. market -- even with the benefit of a large shipment to Amazon that was previously expected to take place in the fourth quarter.
Digging into the details of the third quarter, overall revenue grew 9%, with 25% international growth helping offset a 7% decline in its core U.S. market -- even with the benefit of a large shipment to Amazon that was previously expected to take place in the fourth quarter. Consequently, U.S. growth has moderated well below the 30% compound annual growth rate of the past several years, according to Angle. As such, when the company raised its prices to offset the tariff increase, its competitors kept prices static, and customers decided to buy rival products.
Digging into the details of the third quarter, overall revenue grew 9%, with 25% international growth helping offset a 7% decline in its core U.S. market -- even with the benefit of a large shipment to Amazon that was previously expected to take place in the fourth quarter. Consequently, U.S. growth has moderated well below the 30% compound annual growth rate of the past several years, according to Angle. As such, when the company raised its prices to offset the tariff increase, its competitors kept prices static, and customers decided to buy rival products.
Digging into the details of the third quarter, overall revenue grew 9%, with 25% international growth helping offset a 7% decline in its core U.S. market -- even with the benefit of a large shipment to Amazon that was previously expected to take place in the fourth quarter. Consequently, U.S. growth has moderated well below the 30% compound annual growth rate of the past several years, according to Angle. As such, when the company raised its prices to offset the tariff increase, its competitors kept prices static, and customers decided to buy rival products.
14f7204a-1127-426f-96ea-307be31994e6
721756.0
2019-11-01 00:00:00 UTC
John Deere Recalls Compact Utility Tractors
DE
https://www.nasdaq.com/articles/john-deere-recalls-compact-utility-tractors-2019-11-01
nan
nan
(RTTNews) - John Deere recalled 7,350 units of compact utility tractors for possible injury hazard, a statement by the U.S. Consumer Product Safety Commission said. These include about 1,650 units sold in Canada. The company said the front cab support bolts can fail during a rollover as they were torqued improperly during manufacturing, that could cause a crushing injury hazard to the operator. The recall involves John Deere 4044R, 4052R and 4066R compact utility tractors, which comes in a combination of green and yellow colors. "John Deere" and the model numbers 4044R, 4052R or 4066R are printed on the hood. No reports of injury have been reported so far. The company advised consumers to immediately stop using the recalled compact utility tractors and contact an authorized John Deere dealer for a free repair. The compact utility tractors were made in the U.S. by Moline, Illinois-based Deere & Co. They were sold at John Deere dealers nationwide from October 2016 through September 2019 for between $40,000 and $50,000. Last month, John Deere had recalled 20,570 units of XUV835 Gator utility vehicles over concerns of crash hazard as the plastic sheathing on the throttle cable can melt due to improper routing, causing the throttle to stick, resulting in the operator not being able to stop the vehicle. In September 2018 also, the company had recalled about 4,900 units of John Deere XUV590 and XUV590 S4 Gator utility vehicles fearing crash hazard. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - John Deere recalled 7,350 units of compact utility tractors for possible injury hazard, a statement by the U.S. Consumer Product Safety Commission said. The company advised consumers to immediately stop using the recalled compact utility tractors and contact an authorized John Deere dealer for a free repair. These include about 1,650 units sold in Canada.
(RTTNews) - John Deere recalled 7,350 units of compact utility tractors for possible injury hazard, a statement by the U.S. Consumer Product Safety Commission said. The company advised consumers to immediately stop using the recalled compact utility tractors and contact an authorized John Deere dealer for a free repair. In September 2018 also, the company had recalled about 4,900 units of John Deere XUV590 and XUV590 S4 Gator utility vehicles fearing crash hazard.
(RTTNews) - John Deere recalled 7,350 units of compact utility tractors for possible injury hazard, a statement by the U.S. Consumer Product Safety Commission said. The company advised consumers to immediately stop using the recalled compact utility tractors and contact an authorized John Deere dealer for a free repair. Last month, John Deere had recalled 20,570 units of XUV835 Gator utility vehicles over concerns of crash hazard as the plastic sheathing on the throttle cable can melt due to improper routing, causing the throttle to stick, resulting in the operator not being able to stop the vehicle.
The company advised consumers to immediately stop using the recalled compact utility tractors and contact an authorized John Deere dealer for a free repair. They were sold at John Deere dealers nationwide from October 2016 through September 2019 for between $40,000 and $50,000. In September 2018 also, the company had recalled about 4,900 units of John Deere XUV590 and XUV590 S4 Gator utility vehicles fearing crash hazard.
199445bc-c18a-42e2-8be4-63b1b2167d80
721757.0
2019-10-31 00:00:00 UTC
December 13th Options Now Available For Deere (DE)
DE
https://www.nasdaq.com/articles/december-13th-options-now-available-for-deere-de-2019-10-31
nan
nan
Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the December 13th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new December 13th contracts and identified one put and one call contract of particular interest. The put contract at the $145.00 strike price has a current bid of 15 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $145.00, but will also collect the premium, putting the cost basis of the shares at $144.85 (before broker commissions). To an investor already interested in purchasing shares of DE, that could represent an attractive alternative to paying $170.94/share today. Because the $145.00 strike represents an approximate 15% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 95%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 0.10% return on the cash commitment, or 0.88% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $145.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $172.50 strike price has a current bid of $4.20. If an investor was to purchase shares of DE stock at the current price level of $170.94/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $172.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 3.37% if the stock gets called away at the December 13th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 52%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.46% boost of extra return to the investor, or 20.84% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 56%, while the implied volatility in the call contract example is 35%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $170.94) to be 30%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the December 13th expiration.
Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the December 13th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new December 13th contracts and identified one put and one call contract of particular interest.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $145.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $172.50 strike price has a current bid of $4.20. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new December 13th contracts and identified one put and one call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $172.50 strike highlighted in red: Considering the fact that the $172.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the December 13th expiration.
a63780c8-f129-4d94-bbc6-e0c063aa5a89
721758.0
2019-10-22 00:00:00 UTC
5 Top Robotics Stocks to Buy Now
DE
https://www.nasdaq.com/articles/5-top-robotics-stocks-to-buy-now-2019-10-22
nan
nan
If you have already looked at how to invest in robotics stock and perused a list of the biggest robotics stocks, it's now time to take a look at five stocks that give investors the best way to play the theme of rising adoption of robotics automation. Let's take a look at five of the top companies playing the field of robotics and why their stocks are attractive for investors. Deere for its precision agriculture offerings Deere (NYSE: DE), an agricultural and construction machinery equipment manufacturer, might not be the first name that springs to mind when looking at robotics automation stocks; however, the Internet of Things (IoT) and the increasing use of automation will be key drivers of Deere's growth in the future. The company's core business is agricultural machinery. To be clear, a stock that operates in the farming sector will always be susceptible to the vagaries of the industry. After all, demand for agricultural machinery is driven by farmers' income and crop prices. Demand is also driven by a healthy global trading environment, and investors saw in 2018-2019 that trade conflict via tariffs on crops can impact end demand. That said, Deere is a clear leader in the precision agriculture market. The company's solutions, which include IoT sensors, onboard computers, and telematics solutions, enable farmers to better steer and guide farming equipment. Through its automated guidance technology, farmers can collect and analyze data to improve performance while remotely managing and guiding equipment. Crop farmers can even control planting and seeding. Take-up rates for the technology have been impressive. Management noted in its 2018 earnings call that "Recent precision hardware introductions demonstrated significant economic value to farming operations and in some cases, already achieving take rates in excess of 50%." This means that more than half of the customers able to take up the precision technology solutions are doing so. Consequently, Deere has a chance to expand sales and possibly expand margins too. Another reason Deere deserves a look by robotics investors is precisely because it's overarching sales growth depends on things like crop prices and farmers' income. One issue with constructing a portfolio of robotics stocks is that many of the conventional names, such as ABB (NYSE: ABB), Siemens (OTC: SIEGY), Rockwell Automation (NYSE: ROK), and Cognex (NASDAQ: CGNX), tend to have significant exposure to the same end markets -- automotive and electronic/electrical are the big two in robotics. Consequently, their stock performances can be highly correlated. Deere will provide your portfolio some balance, and there's little doubt that its automated IoT-enabled solutions are the future of farming. Robots need to be able to "see" and be seen too. Image source: Getty Images. Cognex for its explosive growth potential Cognex offers solutions that help to monitor and control robotic and automated processes. Its 2D and 3D vision solutions help to inspect, guide, and identify across a range of industries. The company is also expanding into new growth markets such as logistics (largely warehouse automation in e-fulfillment centers) and airport baggage handling. That said, the company's key end markets are still the automotive and consumer electronics industries, both of which are early adopters of automation and robotics. For reference, Apple is Cognex's single biggest customer -- representing 20% of revenue in 2017 and 15% in 2018 -- and the automotive sector tends to be responsible for around a quarter of Cognex's revenue. If both industries turn down together, the company's sales growth will falter. That's exactly what happened in 2018-2019: Falling global light vehicle production and declining smartphone sales -- the company's machine vision is used to guide and monitor the bonding of smartphone displays -- hit the company hard, and sales growth turned negative. It's clear that investing in Cognex is also about taking a view on the automotive and consumer electronics industries -- at least it will be that way in the near term. That's something to consider if you are constructing a portfolio of robotics stocks including names like Siemens, ABB, Rockwell, and Japan's Yaskawa (OTC: YASKY). These companies all have significant exposure to the same industries. Indeed, over the 18 months from January 2018, all these stocks lost money for investors, ranging from 25% for ABB to 14% for Siemens. CGNX data by YCharts. What makes Cognex a better long-term investment than the rest? In a nutshell, Cognex has more explosive growth prospects. All it will take is a few large consumer electronics deals -- such as the deals with Apple -- and Cognex's revenue and stock price will soar. Meanwhile, management believes it can grow its factory automation revenue at a 20% annual rate over time and its logistics-based revenue at a 50% annual rate for the foreseeable future. Meanwhile, the increasing penetration of robotics into food and beverage, life sciences, and pharmaceuticals will provide growth opportunities over time. As the market leader in its niche, Cognex is well placed to benefit. KION Group for its robotics automation and e-commerce exposure KION Group (OTC: KIGRY), the German forklift truck maker and warehouse automation company, might not sit at the top of most U.S. investors' lists of robotics stocks to buy, but consider the following corollaries from two related companies. First, we've already seen how Cognex is growing its logistics-based revenue (largely e-fulfillment centers) at a 50% annual rate. Second, if you talk to Honeywell International's (NYSE: HON) CEO Darius Adamczyk, he believes the acquisition of materials-handling company Intelligrated "will turn out to be probably the best acquisition that we've ever done," with the company reporting a string of double-digit orders growth since it was bought. However, Intelligrated is only a small part of Honeywell's earnings, and logistics only makes up around 10% of Cognex's sales at present. So if you want a company with larger exposure to warehouse automation, then Germany's KION might fit the bill. There's little doubt that spending on robotics automation in the warehouse environment is being driven by e-commerce growth and the need to create distribution centers to facilitate it. Indeed, e-commerce leaders like Amazon (NASDAQ: AMZN) continue to make high-profile investments in warehouse automation. But here's the thing. KION bought Dematic around the same time Honeywell bought Intelligrated, and Dematic is actually the market leader in automation systems. In fact, the company's supply chain solutions segment (which Dematic is now part of) generates around two-thirds of its revenue from the U.S., and nearly 50% of the segment's revenue comes from the e-commerce end market. KION's management believes its supply chain solutions end market can grow at a high-single-digit rate over the medium term. Order growth can bounce around a lot at Dematic (and similarly with Intelligrated), but the overall trend is toward firm growth. For example, orders in the second quarter of 2018 were 874 million euros, representing nearly a doubling from the same period in 2017, but then declined year over year to 506 million euros in the second quarter of 2019. But the overall trend still shows growth of 12% from the second quarter of 2017. The other, far larger segment is industrial trucks and services, which comprises electric warehouse trucks (58% of the segment's revenue), electric forklifts (26%), and internal-combustion forklifts (16%). The company claims to be the No. 1 in Europe and the global No. 2 -- although only 19% of the segment's revenue comes from outside of Europe. Given that the industrial truck market has historically grown at 1.5 times the growth rate of the global economy (measured in terms of global gross domestic product growth), it's reasonable to expect solid growth in the future, especially as e-commerce growth will drive capital spending on warehousing. Moreover, the stock is hardly expensive. For example, the stock has traded on a price (Germany listing) of around 48 euros in 2019 (giving a market cap of around 5.6 billion euros). Based on consensus analyst forecasts, the company is set to trade on a price-to-earnings and price-to-free-cash-flow ratio of less than 10 in the next few years. That looks like a good value for a company with such attractive long-term prospects. Data source: Vara Research. Zebra Technologies for its secular growth prospects If Cognex is the growth stock option and KION is the value play, then Zebra Technologies is the growth-at-a-reasonable-price, or GARP, option. Zebra's mobile computers, scanners, and barcode printers are an essential part of making industrial automation and robotics work in the warehouse. In fact, the increasing penetration of IT and web-enabled smart automation in the retail, logistics, and manufacturing world means that there's even more of a need to capture and analyze data. That's where Zebra's products come in. For example, its mobile computers and RFID capture data in real time and allow companies to see how the asset -- in this case, robotics automation -- is working in order to improve its productivity. Zebra's products even help improve the productivity of NFL players, thanks to its RFID tags attached to player equipment recording real-time data. Management expects the company to grow organic sales at a 4% to 5% annual rate over time, but as you can see in the chart below, the company averaged significant 6.2% growth over the 2015-2019 period. Data source: Zebra Technologies presentations. Estimate figure for 2019 represents the midpoint of management's guidance. Moreover, the pickup in growth was leveraged into excellent free cash flow generation thanks to the company's relatively asset-light business (meaning relatively low capital expenditure requirements). ZBRA Free Cash Flow (TTM) data by YCharts. As long as the trend toward connected enterprises and smart robotics automation is in place, Zebra should benefit from the opportunity to help companies maximize the potential of their assets. Don't forget the industrial software companies So far, these companies have focused on either using automation to improve customer offerings (Deere), adding supplementary technology to automation (Cognex), or plays on the growth of smart automation and the Industrial Internet of Things (KION and Zebra Technologies). But what about the critical role that industrial software companies are set to play in the so-called fourth industrial revolution? Simply put, the first industrial revolution involved using steam- and fossil-fueled power (railways, etc.); the second introduced electrification; and the third, which began in the 1970s, involved the increasing use of computers and automation. However, the fourth revolution might prove to be the fastest growing yet. In a nutshell, Industry 4.0 is all about using web-enabled devices to create smart automated processes. So the industrial software that manages the life cycle of the physical asset (product life-cycle management, or PLM) and/or the ongoing running of the asset (manufacturing execution systems, or MES) at a local level is going to be critical to the process. For example, consider the digital modeling of a power plant or factory when its being designed (PLM). If the process can help the operator start to understand and model the working of the plant/factory before the factory is delivered by the engineering contractor, it can result in the plant/factory running at full capacity earlier than it otherwise would -- saving the operator millions of dollars in the meantime. Meanwhile, MES software working on a plant level can significantly improve the productivity of a physical asset. For example, sensors can monitor and accumulate data on the running of power equipment in order to predict when a turbine needs to be serviced -- helping to reduce costly outages and improve turbine efficiency. For those interested, Aspen Technology (NASDAQ: AZPN) is an example of an MES software company. Software is such an important aspect of robotics automation that industrial automation company Rockwell Automation has partnered with PLM software company PTC Inc. (NASDAQ: PTC) in order to provide a combined offering to clients. Siemens also has its own leading PLM software solutions, but ABB's (robotics, motion, and industrial automation) partner Dassault Systemes (OTC: DASTY) is probably the pick of the industrial software sector. Dassault Systemes for its PLM leadership The recent deal between ABB, one of the largest robotics companies in the world, and Dassault Systemes is set to drive significant adoption of digital technologies, including Dassault's 3DExperience platform and industrial design software. Dassault's 3DExperience platform creates a digital environment whereby companies can create a "cohesive digital innovation environment that delivers digital continuity from concept to manufacturing to ownership and back." Of particular note: 3DExperience can be used "to create a digital twin that captures insights and expertise from across their entire ecosystem, to measure, assess and predict the performance of an industrial asset." In case you are wondering what a "digital twin" is, it's simply the digital replication of a physical asset. The beauty of it is that the digital twin can have simulations run on it in order to better understand and manage the physical asset. ABB itself has been an early adopter of 3DExperience, and both companies made factory automation and robotics the initial focus of their partnership. Combining ABB industrial automation solutions with Dassault's 3DExperience platform is likely to drive new license sales at Dassault and improve industrywide adoption of digital twin technology. Constructing a portfolio of robotics stocks Investors who are looking for overall robotics exposure without trying to pick out individual stock winners might want to buy a robotics ETF such as the Robo Global Robotics and Automation Index ETF (NYSEMKT: ROBO). The ETF holds all the robotics stocks discussed in this article, but as noted above, buying into such an ETF will likely give you heavy exposure to the automotive and electronic/electrical industries -- no surprise since they are the early adopters of robotics and automation. That's fine if you want, but many investors might prefer to be more diversified in their end-market exposure. The following table helps you with that process. The table outlines the strengths, weaknesses, opportunities, and threats of these stocks -- a so-called SWOT analysis of leading stocks to play the the robotics theme. Data source: Author's analysis. As you can see in the chart, there's a pretty good mix of end-market drivers in the five stocks, but they all benefit from the overarching theme of increasing adoption of robotics and automation in a connected environment. If that theme continues to be a winning one, investors could be looking at more multibag returns. Investing in robotics stock should be a serious consideration for any long-term investor. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Lee Samaha owns shares of Honeywell International and Siemens AG (ADR). The Motley Fool owns shares of and recommends Amazon, Apple, and Cognex. The Motley Fool has the following options: short January 2020 $155 calls on Apple, long January 2020 $150 calls on Apple, short January 2020 $155 calls on Apple, and long January 2020 $150 calls on Apple. The Motley Fool recommends Dassault Systemes and Zebra Technologies. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Management noted in its 2018 earnings call that "Recent precision hardware introductions demonstrated significant economic value to farming operations and in some cases, already achieving take rates in excess of 50%." Deere for its precision agriculture offerings Deere (NYSE: DE), an agricultural and construction machinery equipment manufacturer, might not be the first name that springs to mind when looking at robotics automation stocks; however, the Internet of Things (IoT) and the increasing use of automation will be key drivers of Deere's growth in the future. After all, demand for agricultural machinery is driven by farmers' income and crop prices.
Don't forget the industrial software companies So far, these companies have focused on either using automation to improve customer offerings (Deere), adding supplementary technology to automation (Cognex), or plays on the growth of smart automation and the Industrial Internet of Things (KION and Zebra Technologies). Software is such an important aspect of robotics automation that industrial automation company Rockwell Automation has partnered with PLM software company PTC Inc. (NASDAQ: PTC) in order to provide a combined offering to clients. Deere for its precision agriculture offerings Deere (NYSE: DE), an agricultural and construction machinery equipment manufacturer, might not be the first name that springs to mind when looking at robotics automation stocks; however, the Internet of Things (IoT) and the increasing use of automation will be key drivers of Deere's growth in the future.
KION Group for its robotics automation and e-commerce exposure KION Group (OTC: KIGRY), the German forklift truck maker and warehouse automation company, might not sit at the top of most U.S. investors' lists of robotics stocks to buy, but consider the following corollaries from two related companies. Don't forget the industrial software companies So far, these companies have focused on either using automation to improve customer offerings (Deere), adding supplementary technology to automation (Cognex), or plays on the growth of smart automation and the Industrial Internet of Things (KION and Zebra Technologies). Software is such an important aspect of robotics automation that industrial automation company Rockwell Automation has partnered with PLM software company PTC Inc. (NASDAQ: PTC) in order to provide a combined offering to clients.
Don't forget the industrial software companies So far, these companies have focused on either using automation to improve customer offerings (Deere), adding supplementary technology to automation (Cognex), or plays on the growth of smart automation and the Industrial Internet of Things (KION and Zebra Technologies). Deere for its precision agriculture offerings Deere (NYSE: DE), an agricultural and construction machinery equipment manufacturer, might not be the first name that springs to mind when looking at robotics automation stocks; however, the Internet of Things (IoT) and the increasing use of automation will be key drivers of Deere's growth in the future. After all, demand for agricultural machinery is driven by farmers' income and crop prices.
06b9eed2-e8a2-4fad-9444-6c461dde3886
721759.0
2019-10-17 00:00:00 UTC
3 Big Stock Charts for Thursday: Disney, Deere, and Conagra Brands
DE
https://www.nasdaq.com/articles/3-big-stock-charts-for-thursday%3A-disney-deere-and-conagra-brands-2019-10-17
nan
nan
After a 1% gain on Tuesday, U.S. equity markets took a breather on Wednesday. The S&P 500 declined 0.2% — which is somewhat of a surprise. Given strong earnings from JPMorgan Chase (NYSE:) on Tuesday and Bank of America (NYSE:) yesterday, investors might see a fundamental setup for broad market gains. Source: Shutterstock But that didn’t play out on Wednesday and hasn’t for some time, as U.S. stocks remain unable to retake past highs. The hope is that earnings season will change that. A nice for Netflix (NASDAQ:), following solid big bank reports, suggests that the earnings calendar is off to a solid start. Of course, most major companies have yet to report, so the market’s caution at the moment might make some sense. Investors trying to gauge whether that caution is justified should look toward these three big stock charts. None of the stocks involved actually are a part of this earnings season — but their movements could signal the direction of stocks that are. Deere & Company (DE) Farm equipment manufacturer Deere & Company (NYSE:) is just one of a number of cyclical companies testing all-time highs. DE stock is trying to break through resistance that has held multiple times around $170. A breakout would read across to the rest of the market for several reasons: The strength in DE stock looks like good news for fellow equipment manufacturer Caterpillar (NYSE:). Deere and Caterpillar obviously have different operating models and end markets. The two stocks don’t always trade together. But CAT stock is desperately looking for good news after being stuck in a downtrend for over 18 months. A breakout in DE stock could suggest that investors will take a look at CAT stock as well. At 15x forward earnings, DE stock isn’t expensive. Investors hoping that the bull market has another leg up can look to the stocks, and other cheap cyclicals, as evidence that multiples can keep expanding and U.S. stocks can keep rising. Disney (DIS) Fundamentally and technically, Disney (NYSE:) is in a potentially dangerous spot at the moment: The aforementioned strong earnings report from Netflix suggests that Disney’s primary streaming competitor is back on track. Admittedly, Netflix’s U.S. net subscriber adds of roughly 500,000 were below the company’s forecast. Still, it’s not a coincidence that DIS stock hit all-time highs immediately after Netflix’s . The Q3 release shows that Netflix is still growing in the U.S., which means Disney+ will have to take some of its subscribers to drive the growth investors are hoping for. Disney’s earnings arrive toward the beginning of November and look increasingly key. Management will give the first data points on early adoption of Disney+. Meanwhile, earnings are headed for several quarters of pressure, as the company foregoes revenue from Netflix and invests behind its launch. For DIS stock to hold current levels, investor patience needs to hold through the transition. Recent selling suggests that it may not, and a break below $126 could portend a plunge back to $115 or worse. Conagra Brands (CAG) Investors initially liked fiscal Q1 earnings from Conagra Brands (NYSE:) last month. CAG stock gained 3.7% the day of the report after an earnings beat. Since then, however, CAG stock has dropped 13%. And one of Thursday’s big stock charts now looks like a falling knife: Such a decline would seem too far from a fundamental standpoint, as it would leave CAG trading at less than 11x FY20 consensus EPS. But the pressure on consumer stocks has been relentless. Investors in Kraft Heinz (NASDAQ:) similarly thought the stock was “too cheap,” yet KHC now trades at 11x profits (albeit with a larger debt load). CAG seems like a proxy for the consumer space as a whole. The sector looked significantly challenged last year, but many names have managed to rally this year. The selling pressure in CAG stock suggests investor sentiment has weakened — and puts a great deal of pressure on earnings in the category over the next few weeks. As of this writing, Vince Martin has no positions in any securities mentioned. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
A breakout would read across to the rest of the market for several reasons: The strength in DE stock looks like good news for fellow equipment manufacturer Caterpillar (NYSE:). And one of Thursday’s big stock charts now looks like a falling knife: Such a decline would seem too far from a fundamental standpoint, as it would leave CAG trading at less than 11x FY20 consensus EPS. Investors in Kraft Heinz (NASDAQ:) similarly thought the stock was “too cheap,” yet KHC now trades at 11x profits (albeit with a larger debt load).
Deere & Company (DE) Farm equipment manufacturer Deere & Company (NYSE:) is just one of a number of cyclical companies testing all-time highs. The S&P 500 declined 0.2% — which is somewhat of a surprise. DE stock is trying to break through resistance that has held multiple times around $170.
A breakout in DE stock could suggest that investors will take a look at CAT stock as well. Investors hoping that the bull market has another leg up can look to the stocks, and other cheap cyclicals, as evidence that multiples can keep expanding and U.S. stocks can keep rising. The selling pressure in CAG stock suggests investor sentiment has weakened — and puts a great deal of pressure on earnings in the category over the next few weeks.
Deere & Company (DE) Farm equipment manufacturer Deere & Company (NYSE:) is just one of a number of cyclical companies testing all-time highs. And one of Thursday’s big stock charts now looks like a falling knife: Such a decline would seem too far from a fundamental standpoint, as it would leave CAG trading at less than 11x FY20 consensus EPS. The S&P 500 declined 0.2% — which is somewhat of a surprise.
204546e8-b7d4-4b9e-8653-bdc6fdaf6015
721760.0
2019-10-16 00:00:00 UTC
Can Caterpillar Continue Its Strong Revenue Run Rate In 2019?
DE
https://www.nasdaq.com/articles/can-caterpillar-continue-its-strong-revenue-run-rate-in-2019-2019-10-16
nan
nan
Caterpillar (NYSE:CAT) is the world’s leading manufacturer of construction and mining equipment, diesel and natural-gas engines, industrial gas turbines and diesel-electric locomotives. The company achieved robust growth in fiscal 2018, with revenue growing by more than 20% primarily driven by higher sales volume across operating segments. Caterpillar also recorded its highest-ever adjusted earnings per share of $11.22 for the year. Trefis captures trends in Caterpillar’s Revenues over recent years in an interactive dashboard along with our forecast for the current year. We expect the company to achieve steady revenue growth and add more than $1.7 billion to its top line in FY’19. You can view the Trefis interactive dashboard to better understand the revenue trends and division-wise revenue performance, and alter the assumptions to arrive at your own estimate for the company’s revenues. A Quick Look At Caterpillar’s Revenues Caterpillar reported $54.7 billion in Total Revenues in Fiscal 2018. This included 4 revenue streams: Construction Industries: $23.1 billion in FY 2018 (42% of Total Revenues). Construction Industries includes machinery in infrastructure, forestry and building construction. The majority of machine sales in this segment are in the heavy and general construction sector. Resource Industries: $9.9 billion in FY 2018 (18% of Total Revenues). Resource Industries includes machinery used in mining, quarry and aggregates, heavy construction, waste and material handling applications Energy & Transportation: $18.8 billion in FY 2018 (35% of Total Revenues). Energy & Transportation includes products and related parts used in oil and gas, power generation, marine, rail and industrial applications Financial Products: $2.9 billion in FY 2018 (5% of Total Revenues). This segment includes Caterpillar Financial Services Corporation (Cat Financial), Caterpillar Insurance Holdings (Insurance Services) and their respective subsidiaries. How Has Caterpillar’s Historical Revenue Trended? Caterpillar has added more than $16 billion to total revenue since 2016 at an average annual rate of 19% driven by robust growth in machinery, energy and transportation segments. Construction segment has been the largest growth driver, accounting for roughly 50% of Caterpillar’s growth during the last three years. Going forward, we expect Caterpillar’s revenues to increase by 3% and cross $56 billion in FY 2019. A Detailed Look At Caterpillar’s segment performance and revenue change over the years: Construction Industries is Caterpillar’s Largest Operating Segment Construction segment consistently contributes a majority of its revenues, with an average revenue share of more than 40% in the last four years. Moreover, the segment’s share has increased from less than 38% in 2015 to more than 42% in 2018 primarily due to faster growth than the Energy & Transportation segment. The segment grew by a whooping 20% in fiscal 2018, contributing approximately $4 billion to total incremental revenues. We expect the segment to continue its strong growth trajectory and generate almost $24 billion in revenues in FY 2019. This growth is expected to be led by higher end-user demand for construction equipment. Moreover, healthy U.S. economy coupled with stable local funding for infrastructure development will aid the segment’s top-line growth in the near term. Resource Industries is Caterpillar’s fastest growing segment Resource segment has achieved robust growth in the last few years, with revenues increasing from $5.7 billion in 2016 to almost $10 billion in FY 2018 mainly due to higher equipment demand, favorable price utilization and increased services. We expect this segment to continue its strong growth, with revenues increasing at a rate of 6% to $10.5 billion in FY 2019. Moreover, strong commodity market fundamentals, robust demand from Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment will aid the segment’s growth over the coming quarters The segment’s contribution to total revenues has steadily increased over the years – a trend which is expected to continue for the foreseeable future Energy & Transportation Segment Has Grown At A Brisk Pace Over The Past Few Years Energy & Transportation has added more than $4.4 billion to total revenues since 2016 at an average annual rate of 14%. This growth can be attributed to higher sales volume across all applications as well as favorable price realization We expect segment revenues to improve in the low single-digit range in 2019, driven by strong demand for power generation and gas compression equipment and improved demand for rail services, slightly offset by volatility in oil prices and take-away constraints in the Permian Basin. Financial Products’ Contribution Has Remained In The Mid-Single-Digits The segment’s growth has essentially remained flat over recent years, adding approximately $15 million in net revenue over 2016-2018 (CAGR of 2%). In 2019, we expect this segment to add nearly $5 million to total revenues likely driven by higher average financing rates and higher average earning assets in North America and Asia/Pacific. The segment’s share of total revenues has remained around 6% over the years, and going forward, we expect its share to settle around 5%. Based on our forecast, Caterpillar’s adjusted EPS for fiscal 2019 is likely to be around $11.68. Using this figure with our estimated P/E ratio of 13x, this works out to a price estimate of $153 for Caterpillar’s stock, which is roughly 15% ahead of the current market price. What’s behind Trefis? See How it’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams More Trefis Data Like our charts? Explore example interactive dashboards and create your own The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Resource Industries includes machinery used in mining, quarry and aggregates, heavy construction, waste and material handling applications Energy & Transportation: $18.8 billion in FY 2018 (35% of Total Revenues). This growth can be attributed to higher sales volume across all applications as well as favorable price realization We expect segment revenues to improve in the low single-digit range in 2019, driven by strong demand for power generation and gas compression equipment and improved demand for rail services, slightly offset by volatility in oil prices and take-away constraints in the Permian Basin. Caterpillar also recorded its highest-ever adjusted earnings per share of $11.22 for the year.
Energy & Transportation includes products and related parts used in oil and gas, power generation, marine, rail and industrial applications Financial Products: $2.9 billion in FY 2018 (5% of Total Revenues). A Detailed Look At Caterpillar’s segment performance and revenue change over the years: Construction Industries is Caterpillar’s Largest Operating Segment Construction segment consistently contributes a majority of its revenues, with an average revenue share of more than 40% in the last four years. Caterpillar also recorded its highest-ever adjusted earnings per share of $11.22 for the year.
A Detailed Look At Caterpillar’s segment performance and revenue change over the years: Construction Industries is Caterpillar’s Largest Operating Segment Construction segment consistently contributes a majority of its revenues, with an average revenue share of more than 40% in the last four years. Resource Industries is Caterpillar’s fastest growing segment Resource segment has achieved robust growth in the last few years, with revenues increasing from $5.7 billion in 2016 to almost $10 billion in FY 2018 mainly due to higher equipment demand, favorable price utilization and increased services. Moreover, strong commodity market fundamentals, robust demand from Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment will aid the segment’s growth over the coming quarters The segment’s contribution to total revenues has steadily increased over the years – a trend which is expected to continue for the foreseeable future Energy & Transportation Segment Has Grown At A Brisk Pace Over The Past Few Years Energy & Transportation has added more than $4.4 billion to total revenues since 2016 at an average annual rate of 14%.
A Detailed Look At Caterpillar’s segment performance and revenue change over the years: Construction Industries is Caterpillar’s Largest Operating Segment Construction segment consistently contributes a majority of its revenues, with an average revenue share of more than 40% in the last four years. Resource Industries is Caterpillar’s fastest growing segment Resource segment has achieved robust growth in the last few years, with revenues increasing from $5.7 billion in 2016 to almost $10 billion in FY 2018 mainly due to higher equipment demand, favorable price utilization and increased services. Caterpillar also recorded its highest-ever adjusted earnings per share of $11.22 for the year.
80cfb366-1edd-450e-a670-be0d8fadaa92
721761.0
2019-10-10 00:00:00 UTC
Why We Think GE's Stock Is Worth $12
DE
https://www.nasdaq.com/articles/why-we-think-ges-stock-is-worth-%2412-2019-10-10
nan
nan
General Electric (NYSE:GE) has found itself in choppy waters since mid-August after a report issued by accounting investigator Harry Markopolos suggested that the conglomerate is on verge of insolvency. The accounting expert went on to claim that the company has been following malicious accounting practices and is hiding serious financial problems. This did not help investor sentiments, given that the SEC and the DoJ have been investigating GE’s accounting policies since late last year. GE’s stock tumbled 14% following the report, but has recouped most of its losses over recent weeks due to broader market gains. While the allegations present a significant downside risk to GE’s valuation, we are reiterating our $12 price estimate for GE’s stock as we believe the company is on course to restructure and revive its business. We takes a detailed look at the potential outlook for the company and some of the trends that could impact its valuation in our interactive dashboard. In addition, here is more Trefis Industrial company data Key Factors That Could Impact GE’s Valuation Power Segment Will Continue To Improve The company’s power business has been struggling of late, with revenues shrinking 22% in FY 2018. Power markets have faced challenges as a significant overcapacity in the industry has led to reduced utilization of the company’s power equipment. However, this segment has shown signs of improvement so far this year. The company’s gas power business is thriving as indicated by the fact that the orders were up 28% organically during Q2, bringing total gas turbine units orders to 35 in the first half. Moreover, the company is right-sizing its business by reducing additional fixed costs. Despite these improvements, GE’s management stated that they are only in the initial stages of turning around the Power segment, and the ongoing profit and cash pressures from legacy contracts will continue to adversely impact this segment. Moreover, market factors such as increasing energy efficiency and growing share of renewable energy source will continue to weigh on the demand for GE’s power products in the near term. Aviation Segment Will Continue To Be The Key To GE’s Long-Term Growth Aviation is the company’s most valuable business – accounting for roughly 25% of the company’s revenues, and almost 45% of its operating profit in 2018. The segment’s year-to-date performance has been robust, with revenues growing by 8% to $15.8 billion. These gains have been led by higher commercial engine growth and continued momentum in the LEAP engine program. LEAP engines have been the largest growth driver for the company’s Aviation division with GE shipping over 1,100 CFM International LEAP engines in 2018. Going forward, we forecast the Aviation segment revenues to increase in the mid single-digit range thanks to healthy growth in air travel globally, improved global defense and military spending, as well as increased shipments of the more efficient and cost-effective LEAP engines. The segment’s profitability is also expected to improve slightly due to increased price, increased volume, and higher spare engine shipments. Healthcare Segment Will Continue To Achieve Steady Growth Healthcare segment has achieved steady growth since 2016 – adding more than $1.5 billion to total revenue at an average annual rate of 4.3%. But the Healthcare segment had a rather soft first half of 2019, with revenue remaining flat at $9.6 billion, even though orders were up marginally. Going forward, we expect this segment to grow in the low single-digit range driven by growing demand in developed and emerging markets for Healthcare Systems and continued growth in both biologics and contrast agents in Life Sciences Planned Divestitures Should Improve GE’s Cash Position During Q2 2019, GE completed the spin-off and subsequent merger of its Transportation segment with Wabtec Corporation, helping the company generate $2.8 billion in cash. Moreover, the company generated another $1.8 billion in cash by selling 25.3 million shares received in the merger. GE also plans to sell its Biopharma business which should help GE generate another $20 billion in cash. Taking all into account, additional cash proceeds should help GE reduce its debt and its swelling leverage ratio Per Trefis estimates, GE’s adjusted EPS for 2019 is likely to be $0.52. Taken together with a P/E multiple of 22x, this works to a fair value of $12 for GE’s stock which is roughly 25% ahead of the current market price What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams More Trefis Data Like our charts? Explore example interactive dashboards and create your own The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
GE’s stock tumbled 14% following the report, but has recouped most of its losses over recent weeks due to broader market gains. Going forward, we expect this segment to grow in the low single-digit range driven by growing demand in developed and emerging markets for Healthcare Systems and continued growth in both biologics and contrast agents in Life Sciences Planned Divestitures Should Improve GE’s Cash Position During Q2 2019, GE completed the spin-off and subsequent merger of its Transportation segment with Wabtec Corporation, helping the company generate $2.8 billion in cash. While the allegations present a significant downside risk to GE’s valuation, we are reiterating our $12 price estimate for GE’s stock as we believe the company is on course to restructure and revive its business.
GE’s stock tumbled 14% following the report, but has recouped most of its losses over recent weeks due to broader market gains. While the allegations present a significant downside risk to GE’s valuation, we are reiterating our $12 price estimate for GE’s stock as we believe the company is on course to restructure and revive its business. We takes a detailed look at the potential outlook for the company and some of the trends that could impact its valuation in our interactive dashboard.
Going forward, we expect this segment to grow in the low single-digit range driven by growing demand in developed and emerging markets for Healthcare Systems and continued growth in both biologics and contrast agents in Life Sciences Planned Divestitures Should Improve GE’s Cash Position During Q2 2019, GE completed the spin-off and subsequent merger of its Transportation segment with Wabtec Corporation, helping the company generate $2.8 billion in cash. GE’s stock tumbled 14% following the report, but has recouped most of its losses over recent weeks due to broader market gains. While the allegations present a significant downside risk to GE’s valuation, we are reiterating our $12 price estimate for GE’s stock as we believe the company is on course to restructure and revive its business.
Going forward, we expect this segment to grow in the low single-digit range driven by growing demand in developed and emerging markets for Healthcare Systems and continued growth in both biologics and contrast agents in Life Sciences Planned Divestitures Should Improve GE’s Cash Position During Q2 2019, GE completed the spin-off and subsequent merger of its Transportation segment with Wabtec Corporation, helping the company generate $2.8 billion in cash. GE’s stock tumbled 14% following the report, but has recouped most of its losses over recent weeks due to broader market gains. While the allegations present a significant downside risk to GE’s valuation, we are reiterating our $12 price estimate for GE’s stock as we believe the company is on course to restructure and revive its business.
0aa36420-9bc0-4d06-91db-a6dea5ea62b8
721762.0
2019-10-08 00:00:00 UTC
Noteworthy Tuesday Option Activity: REGN, XNCR, DE
DE
https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity%3A-regn-xncr-de-2019-10-08
nan
nan
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Regeneron Pharmaceuticals, Inc. (Symbol: REGN), where a total volume of 6,213 contracts has been traded thus far today, a contract volume which is representative of approximately 621,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 94.4% of REGN's average daily trading volume over the past month, of 658,040 shares. Particularly high volume was seen for the $300 strike call option expiring October 18, 2019, with 493 contracts trading so far today, representing approximately 49,300 underlying shares of REGN. Below is a chart showing REGN's trailing twelve month trading history, with the $300 strike highlighted in orange: Xencor, Inc (Symbol: XNCR) saw options trading volume of 3,000 contracts, representing approximately 300,000 underlying shares or approximately 87.7% of XNCR's average daily trading volume over the past month, of 341,945 shares. Particularly high volume was seen for the $30 strike put option expiring November 15, 2019, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of XNCR. Below is a chart showing XNCR's trailing twelve month trading history, with the $30 strike highlighted in orange: And Deere & Co. (Symbol: DE) options are showing a volume of 14,699 contracts thus far today. That number of contracts represents approximately 1.5 million underlying shares, working out to a sizeable 76.5% of DE's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $180 strike call option expiring November 15, 2019, with 2,239 contracts trading so far today, representing approximately 223,900 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $180 strike highlighted in orange: For the various different available expirations for REGN options, XNCR options, or DE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $300 strike call option expiring October 18, 2019, with 493 contracts trading so far today, representing approximately 49,300 underlying shares of REGN. Particularly high volume was seen for the $30 strike put option expiring November 15, 2019, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of XNCR. Especially high volume was seen for the $180 strike call option expiring November 15, 2019, with 2,239 contracts trading so far today, representing approximately 223,900 underlying shares of DE.
Below is a chart showing REGN's trailing twelve month trading history, with the $300 strike highlighted in orange: Xencor, Inc (Symbol: XNCR) saw options trading volume of 3,000 contracts, representing approximately 300,000 underlying shares or approximately 87.7% of XNCR's average daily trading volume over the past month, of 341,945 shares. Particularly high volume was seen for the $30 strike put option expiring November 15, 2019, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of XNCR. Below is a chart showing XNCR's trailing twelve month trading history, with the $30 strike highlighted in orange: And Deere & Co. (Symbol: DE) options are showing a volume of 14,699 contracts thus far today.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Regeneron Pharmaceuticals, Inc. (Symbol: REGN), where a total volume of 6,213 contracts has been traded thus far today, a contract volume which is representative of approximately 621,300 underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing REGN's trailing twelve month trading history, with the $300 strike highlighted in orange: Xencor, Inc (Symbol: XNCR) saw options trading volume of 3,000 contracts, representing approximately 300,000 underlying shares or approximately 87.7% of XNCR's average daily trading volume over the past month, of 341,945 shares. Especially high volume was seen for the $180 strike call option expiring November 15, 2019, with 2,239 contracts trading so far today, representing approximately 223,900 underlying shares of DE.
Below is a chart showing REGN's trailing twelve month trading history, with the $300 strike highlighted in orange: Xencor, Inc (Symbol: XNCR) saw options trading volume of 3,000 contracts, representing approximately 300,000 underlying shares or approximately 87.7% of XNCR's average daily trading volume over the past month, of 341,945 shares. Particularly high volume was seen for the $30 strike put option expiring November 15, 2019, with 1,500 contracts trading so far today, representing approximately 150,000 underlying shares of XNCR. Especially high volume was seen for the $180 strike call option expiring November 15, 2019, with 2,239 contracts trading so far today, representing approximately 223,900 underlying shares of DE.
19664b3d-acf4-4d7f-b128-62c92256a72c
721763.0
2019-10-08 00:00:00 UTC
Caterpillar or Deere: Which Heavy-Equipment Manufacturer Is A Better Bet?
DE
https://www.nasdaq.com/articles/caterpillar-or-deere%3A-which-heavy-equipment-manufacturer-is-a-better-bet-2019-10-08
nan
nan
Caterpillar (NYSE:CAT) and Deere (NYSE:DE) are two of the largest heavy-equipment manufacturers in the world. Although the two companies make heavy equipment, their primary product offering is quite different. Caterpillar is essentially a construction equipment company that dabbles in farm equipment while Deere is a farm equipment company that also makes lawn and construction equipment. Despite their different focus, the revenue sources for both companies are nearly identical. Trefis compares key operating metrics for Deere vs Caterpillar in an interactive dashboard, and concludes that Caterpillar’s business is larger and more profitable – with the company faring better on most counts. The dashboard captures historical performance trends for Caterpillar and Deere over recent years along with our forecast for 2019. Additionally, you can find more Trefis Textiles, Apparel and Luxury Good Industry Data here. Caterpillar’s Revenues Exceed Deere’s Revenues By ~50%, But Deere Has Grown At A Faster Pace Over Recent Years Caterpillar is notably bigger than Deere. Caterpillar’s total revenues in 2018 stood at $55 billion – almost 50% more than Deere’s $37 billion. However, Caterpillar has added roughly $7.7 billion to total revenue since 2015 at an average annual rate of 5.2%. On the other hand, Deere has been able to add roughly $8.5 billion to total revenues, growing at an average annual rate of 9%. Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment have helped Caterpillar achieve strong revenue growth while higher shipment volumes and better price realization across segments have contributed to Deere’s growth Deere’s average revenue growth of 2.5% since 2015 is marginally better than Caterpillar’s figure of 1.5% Both companies have been able to achieve robust growth since posting a decline in revenues for 2016. Since 2016, Caterpillar has added $16.1 billion – almost 50% more than Deere’s revenue addition of $10.7 billion. Upbeat metal and energy prices coupled with strong demand for power generating products has led to a higher demand for Caterpillar’s products. On the other hand, Deere’s Construction segment (which swelled with the acquisition of Wirtgen in 2017) has been the largest contributor to its revenues. Moreover, supportive corn prices have boosted the demand for company’s agricultural equipment. Caterpillar’s Operating Margin Has Shown Considerable Improvement Over The Last Couple Of Years Deere had reported an overall higher operating margin than Caterpillar. However, strong revenue growth coupled with expansion in the gross margin have helped Caterpillar’s margin swell over the last couple of years. As of 2018, Caterpillar’s operating margin stood at 14.3% as opposed to Deere’s 12% Comparing the two largest revenue driver: CAT’s Construction Industries and Deere’s Agriculture and Turf Equipment Deere’s Agriculture Segment consistently contributes a majority of its revenues, with an average revenue share of more than 65% in the last 3 years. The segment has added $3.4 billion to total revenue since 2016 at an average annual rate of 5.4%. On the other hand, Caterpillar’s revenue composition in more balanced with Construction segment accounting for 40% of total revenue and the Energy segment contributing 35%. Moreover, since 2015, CAT’s largest division has grown at a faster pace than Deere’s – adding more than $5 billion to total revenue at an average annual rate of 9% However, Caterpillar’s Construction and Deere’s Agriculture segments have similar profitability-with both operating at EBITDA margins of roughly 17% How does Caterpillar fare against Deere in terms of key metrics like Return on Assets (RoA), Asset Turnover Ratio, Inventory Turnover Ratio and P/E Ratio? Trefis details trends in these metrics in the interactive dashboard. Conclusion: Caterpillar Is Larger And More Profitable Caterpillar is clearly the bigger of the two companies and enjoys a much higher profitability than Deere. Moreover, Caterpillar is better utilizing its resources as evident from its higher return on assets and asset turnover ratios. Hence, it is no surprise that the market values Caterpillar higher than Deere. As of September 2019, Caterpillar’s market valuation stood at more than $70 billion – almost 40% more than that of Deere’s $52 billion. Trefis estimates that the fair value for Caterpillar is $90 billion, while that for Deere is $55 billion. Both the company target different markets and have strong fundamentals. Given their market outreach and strong operating metrics, we expect both Caterpillar and Deere to achieve steady growth in the coming years. What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams All Trefis Data Like our charts? Explore example interactive dashboards and create your own. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
On the other hand, Deere has been able to add roughly $8.5 billion to total revenues, growing at an average annual rate of 9%. Moreover, since 2015, CAT’s largest division has grown at a faster pace than Deere’s – adding more than $5 billion to total revenue at an average annual rate of 9% However, Caterpillar’s Construction and Deere’s Agriculture segments have similar profitability-with both operating at EBITDA margins of roughly 17% How does Caterpillar fare against Deere in terms of key metrics like Return on Assets (RoA), Asset Turnover Ratio, Inventory Turnover Ratio and P/E Ratio? Given their market outreach and strong operating metrics, we expect both Caterpillar and Deere to achieve steady growth in the coming years.
Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment have helped Caterpillar achieve strong revenue growth while higher shipment volumes and better price realization across segments have contributed to Deere’s growth Deere’s average revenue growth of 2.5% since 2015 is marginally better than Caterpillar’s figure of 1.5% Both companies have been able to achieve robust growth since posting a decline in revenues for 2016. As of 2018, Caterpillar’s operating margin stood at 14.3% as opposed to Deere’s 12% Comparing the two largest revenue driver: CAT’s Construction Industries and Deere’s Agriculture and Turf Equipment Deere’s Agriculture Segment consistently contributes a majority of its revenues, with an average revenue share of more than 65% in the last 3 years. Moreover, since 2015, CAT’s largest division has grown at a faster pace than Deere’s – adding more than $5 billion to total revenue at an average annual rate of 9% However, Caterpillar’s Construction and Deere’s Agriculture segments have similar profitability-with both operating at EBITDA margins of roughly 17% How does Caterpillar fare against Deere in terms of key metrics like Return on Assets (RoA), Asset Turnover Ratio, Inventory Turnover Ratio and P/E Ratio?
Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment have helped Caterpillar achieve strong revenue growth while higher shipment volumes and better price realization across segments have contributed to Deere’s growth Deere’s average revenue growth of 2.5% since 2015 is marginally better than Caterpillar’s figure of 1.5% Both companies have been able to achieve robust growth since posting a decline in revenues for 2016. As of 2018, Caterpillar’s operating margin stood at 14.3% as opposed to Deere’s 12% Comparing the two largest revenue driver: CAT’s Construction Industries and Deere’s Agriculture and Turf Equipment Deere’s Agriculture Segment consistently contributes a majority of its revenues, with an average revenue share of more than 65% in the last 3 years. Moreover, since 2015, CAT’s largest division has grown at a faster pace than Deere’s – adding more than $5 billion to total revenue at an average annual rate of 9% However, Caterpillar’s Construction and Deere’s Agriculture segments have similar profitability-with both operating at EBITDA margins of roughly 17% How does Caterpillar fare against Deere in terms of key metrics like Return on Assets (RoA), Asset Turnover Ratio, Inventory Turnover Ratio and P/E Ratio?
Trefis compares key operating metrics for Deere vs Caterpillar in an interactive dashboard, and concludes that Caterpillar’s business is larger and more profitable – with the company faring better on most counts. As of 2018, Caterpillar’s operating margin stood at 14.3% as opposed to Deere’s 12% Comparing the two largest revenue driver: CAT’s Construction Industries and Deere’s Agriculture and Turf Equipment Deere’s Agriculture Segment consistently contributes a majority of its revenues, with an average revenue share of more than 65% in the last 3 years. Moreover, since 2015, CAT’s largest division has grown at a faster pace than Deere’s – adding more than $5 billion to total revenue at an average annual rate of 9% However, Caterpillar’s Construction and Deere’s Agriculture segments have similar profitability-with both operating at EBITDA margins of roughly 17% How does Caterpillar fare against Deere in terms of key metrics like Return on Assets (RoA), Asset Turnover Ratio, Inventory Turnover Ratio and P/E Ratio?
27d1c7bc-7db0-47a8-b577-50436a41a7f6
721764.0
2019-10-03 00:00:00 UTC
DE November 22nd Options Begin Trading
DE
https://www.nasdaq.com/articles/de-november-22nd-options-begin-trading-2019-10-03
nan
nan
Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the November 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new November 22nd contracts and identified one put and one call contract of particular interest. The put contract at the $150.00 strike price has a current bid of $2.02. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $150.00, but will also collect the premium, putting the cost basis of the shares at $147.98 (before broker commissions). To an investor already interested in purchasing shares of DE, that could represent an attractive alternative to paying $161.44/share today. Because the $150.00 strike represents an approximate 7% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 76%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.35% return on the cash commitment, or 9.82% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $150.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $162.50 strike price has a current bid of $5.50. If an investor was to purchase shares of DE stock at the current price level of $161.44/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $162.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.06% if the stock gets called away at the November 22nd expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in red: Considering the fact that the $162.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.41% boost of extra return to the investor, or 24.85% annualized, which we refer to as the YieldBoost. The implied volatility in the put contract example is 43%, while the implied volatility in the call contract example is 39%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $161.44) to be 31%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if DE shares really soar, which is why looking at the trailing twelve month trading history for Deere & Co., as well as studying the business fundamentals becomes important. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in red: Considering the fact that the $162.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the November 22nd expiration.
Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in red: Considering the fact that the $162.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the November 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new November 22nd contracts and identified one put and one call contract of particular interest.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $150.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $162.50 strike price has a current bid of $5.50. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in red: Considering the fact that the $162.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
At Stock Options Channel, our YieldBoost formula has looked up and down the DE options chain for the new November 22nd contracts and identified one put and one call contract of particular interest. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in red: Considering the fact that the $162.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deere & Co. (Symbol: DE) saw new options begin trading today, for the November 22nd expiration.
d3cb8046-544e-4cf6-9a7d-63692c4746f8
721765.0
2019-10-01 00:00:00 UTC
Noteworthy Tuesday Option Activity: SCHW, JBHT, DE
DE
https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity%3A-schw-jbht-de-2019-10-01
nan
nan
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in The Charles Schwab Corporation (Symbol: SCHW), where a total volume of 42,403 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.5% of SCHW's average daily trading volume over the past month, of 7.1 million shares. Particularly high volume was seen for the $39 strike call option expiring October 11, 2019, with 2,795 contracts trading so far today, representing approximately 279,500 underlying shares of SCHW. Below is a chart showing SCHW's trailing twelve month trading history, with the $39 strike highlighted in orange: J.B. Hunt Transport Services, Inc. (Symbol: JBHT) options are showing a volume of 4,891 contracts thus far today. That number of contracts represents approximately 489,100 underlying shares, working out to a sizeable 56.6% of JBHT's average daily trading volume over the past month, of 863,860 shares. Particularly high volume was seen for the $120 strike call option expiring October 18, 2019, with 2,014 contracts trading so far today, representing approximately 201,400 underlying shares of JBHT. Below is a chart showing JBHT's trailing twelve month trading history, with the $120 strike highlighted in orange: And Deere & Co. (Symbol: DE) options are showing a volume of 10,219 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 54.1% of DE's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $167.50 strike call option expiring October 18, 2019, with 1,248 contracts trading so far today, representing approximately 124,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $167.50 strike highlighted in orange: For the various different available expirations for SCHW options, JBHT options, or DE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $39 strike call option expiring October 11, 2019, with 2,795 contracts trading so far today, representing approximately 279,500 underlying shares of SCHW. Particularly high volume was seen for the $120 strike call option expiring October 18, 2019, with 2,014 contracts trading so far today, representing approximately 201,400 underlying shares of JBHT. Particularly high volume was seen for the $167.50 strike call option expiring October 18, 2019, with 1,248 contracts trading so far today, representing approximately 124,800 underlying shares of DE.
Below is a chart showing JBHT's trailing twelve month trading history, with the $120 strike highlighted in orange: And Deere & Co. (Symbol: DE) options are showing a volume of 10,219 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 54.1% of DE's average daily trading volume over the past month, of 1.9 million shares. Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in The Charles Schwab Corporation (Symbol: SCHW), where a total volume of 42,403 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares).
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in The Charles Schwab Corporation (Symbol: SCHW), where a total volume of 42,403 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). Particularly high volume was seen for the $39 strike call option expiring October 11, 2019, with 2,795 contracts trading so far today, representing approximately 279,500 underlying shares of SCHW. Particularly high volume was seen for the $120 strike call option expiring October 18, 2019, with 2,014 contracts trading so far today, representing approximately 201,400 underlying shares of JBHT.
That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 54.1% of DE's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $167.50 strike call option expiring October 18, 2019, with 1,248 contracts trading so far today, representing approximately 124,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $167.50 strike highlighted in orange: For the various different available expirations for SCHW options, JBHT options, or DE options, visit StockOptionsChannel.com.
bd23ef33-a591-4427-9c06-2b14b4950d6b
721766.0
2019-10-01 00:00:00 UTC
Deere Reaches Analyst Target Price
DE
https://www.nasdaq.com/articles/deere-reaches-analyst-target-price-2019-10-01
nan
nan
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $167.54, changing hands for $168.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 13 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $140.00. And then on the other side of the spectrum one analyst has a target as high as $190.00. The standard deviation is $12.42. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $167.54/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $167.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Deere & Co.: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DE — FREE. The Top 25 Broker Analyst Picks of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $167.54, changing hands for $168.68/share. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $167.54/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $167.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $167.54, changing hands for $168.68/share. There are 13 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. There are 13 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. And so with DE crossing above that average target price of $167.54/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $167.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 13 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. And then on the other side of the spectrum one analyst has a target as high as $190.00.
9ff9aac4-bb29-40c1-b62c-8435e04b44df
721767.0
2019-09-25 00:00:00 UTC
Ex-Dividend Reminder: Lincoln Electric Holdings, Steelcase and Deere
DE
https://www.nasdaq.com/articles/ex-dividend-reminder%3A-lincoln-electric-holdings-steelcase-and-deere-2019-09-25
nan
nan
Looking at the universe of stocks we cover at Dividend Channel, on 9/27/19, Lincoln Electric Holdings, Inc. (Symbol: LECO), Steelcase, Inc. (Symbol: SCS), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends. Lincoln Electric Holdings, Inc. will pay its quarterly dividend of $0.47 on 10/15/19, Steelcase, Inc. will pay its quarterly dividend of $0.145 on 10/14/19, and Deere & Co. will pay its quarterly dividend of $0.76 on 11/8/19. As a percentage of LECO's recent stock price of $85.46, this dividend works out to approximately 0.55%, so look for shares of Lincoln Electric Holdings, Inc. to trade 0.55% lower — all else being equal — when LECO shares open for trading on 9/27/19. Similarly, investors should look for SCS to open 0.77% lower in price and for DE to open 0.46% lower, all else being equal. Below are dividend history charts for LECO, SCS, and DE, showing historical dividends prior to the most recent ones declared. Lincoln Electric Holdings, Inc. (Symbol: LECO): Steelcase, Inc. (Symbol: SCS): Deere & Co. (Symbol: DE): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.20% for Lincoln Electric Holdings, Inc., 3.08% for Steelcase, Inc., and 1.84% for Deere & Co.. In Wednesday trading, Lincoln Electric Holdings, Inc. shares are currently trading flat, Steelcase, Inc. shares are up about 1%, and Deere & Co. shares are down about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
As a percentage of LECO's recent stock price of $85.46, this dividend works out to approximately 0.55%, so look for shares of Lincoln Electric Holdings, Inc. to trade 0.55% lower — all else being equal — when LECO shares open for trading on 9/27/19. If they do continue, the current estimated yields on annualized basis would be 2.20% for Lincoln Electric Holdings, Inc., 3.08% for Steelcase, Inc., and 1.84% for Deere & Co.. Looking at the universe of stocks we cover at Dividend Channel, on 9/27/19, Lincoln Electric Holdings, Inc. (Symbol: LECO), Steelcase, Inc. (Symbol: SCS), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends.
Looking at the universe of stocks we cover at Dividend Channel, on 9/27/19, Lincoln Electric Holdings, Inc. (Symbol: LECO), Steelcase, Inc. (Symbol: SCS), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends. Lincoln Electric Holdings, Inc. will pay its quarterly dividend of $0.47 on 10/15/19, Steelcase, Inc. will pay its quarterly dividend of $0.145 on 10/14/19, and Deere & Co. will pay its quarterly dividend of $0.76 on 11/8/19. Lincoln Electric Holdings, Inc. (Symbol: LECO): Steelcase, Inc. (Symbol: SCS): Deere & Co. (Symbol: DE): In general, dividends are not always predictable, following the ups and downs of company profits over time.
Looking at the universe of stocks we cover at Dividend Channel, on 9/27/19, Lincoln Electric Holdings, Inc. (Symbol: LECO), Steelcase, Inc. (Symbol: SCS), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends. Lincoln Electric Holdings, Inc. will pay its quarterly dividend of $0.47 on 10/15/19, Steelcase, Inc. will pay its quarterly dividend of $0.145 on 10/14/19, and Deere & Co. will pay its quarterly dividend of $0.76 on 11/8/19. As a percentage of LECO's recent stock price of $85.46, this dividend works out to approximately 0.55%, so look for shares of Lincoln Electric Holdings, Inc. to trade 0.55% lower — all else being equal — when LECO shares open for trading on 9/27/19.
Looking at the universe of stocks we cover at Dividend Channel, on 9/27/19, Lincoln Electric Holdings, Inc. (Symbol: LECO), Steelcase, Inc. (Symbol: SCS), and Deere & Co. (Symbol: DE) will all trade ex-dividend for their respective upcoming dividends. As a percentage of LECO's recent stock price of $85.46, this dividend works out to approximately 0.55%, so look for shares of Lincoln Electric Holdings, Inc. to trade 0.55% lower — all else being equal — when LECO shares open for trading on 9/27/19. This can help in judging whether the most recent dividends from these companies are likely to continue.
3fe587fc-7e92-4716-9259-5f76452db296
721768.0
2019-09-23 00:00:00 UTC
Noteworthy Monday Option Activity: DE, GD, YETI
DE
https://www.nasdaq.com/articles/noteworthy-monday-option-activity%3A-de-gd-yeti-2019-09-23
nan
nan
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 8,587 contracts have traded so far, representing approximately 858,700 underlying shares. That amounts to about 47.7% of DE's average daily trading volume over the past month of 1.8 million shares. Especially high volume was seen for the $165 strike call option expiring September 27, 2019, with 620 contracts trading so far today, representing approximately 62,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $165 strike highlighted in orange: General Dynamics Corp (Symbol: GD) options are showing a volume of 6,437 contracts thus far today. That number of contracts represents approximately 643,700 underlying shares, working out to a sizeable 46.5% of GD's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $200 strike call option expiring October 18, 2019, with 1,066 contracts trading so far today, representing approximately 106,600 underlying shares of GD. Below is a chart showing GD's trailing twelve month trading history, with the $200 strike highlighted in orange: And Yeti Holdings Inc (Symbol: YETI) saw options trading volume of 5,296 contracts, representing approximately 529,600 underlying shares or approximately 45% of YETI's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $30 strike call option expiring November 15, 2019, with 752 contracts trading so far today, representing approximately 75,200 underlying shares of YETI. Below is a chart showing YETI's trailing twelve month trading history, with the $30 strike highlighted in orange: For the various different available expirations for DE options, GD options, or YETI options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $165 strike call option expiring September 27, 2019, with 620 contracts trading so far today, representing approximately 62,000 underlying shares of DE. Particularly high volume was seen for the $200 strike call option expiring October 18, 2019, with 1,066 contracts trading so far today, representing approximately 106,600 underlying shares of GD. Particularly high volume was seen for the $30 strike call option expiring November 15, 2019, with 752 contracts trading so far today, representing approximately 75,200 underlying shares of YETI.
Below is a chart showing DE's trailing twelve month trading history, with the $165 strike highlighted in orange: General Dynamics Corp (Symbol: GD) options are showing a volume of 6,437 contracts thus far today. Below is a chart showing GD's trailing twelve month trading history, with the $200 strike highlighted in orange: And Yeti Holdings Inc (Symbol: YETI) saw options trading volume of 5,296 contracts, representing approximately 529,600 underlying shares or approximately 45% of YETI's average daily trading volume over the past month, of 1.2 million shares. Below is a chart showing YETI's trailing twelve month trading history, with the $30 strike highlighted in orange: For the various different available expirations for DE options, GD options, or YETI options, visit StockOptionsChannel.com.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 8,587 contracts have traded so far, representing approximately 858,700 underlying shares. Below is a chart showing GD's trailing twelve month trading history, with the $200 strike highlighted in orange: And Yeti Holdings Inc (Symbol: YETI) saw options trading volume of 5,296 contracts, representing approximately 529,600 underlying shares or approximately 45% of YETI's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $30 strike call option expiring November 15, 2019, with 752 contracts trading so far today, representing approximately 75,200 underlying shares of YETI.
Especially high volume was seen for the $165 strike call option expiring September 27, 2019, with 620 contracts trading so far today, representing approximately 62,000 underlying shares of DE. Below is a chart showing GD's trailing twelve month trading history, with the $200 strike highlighted in orange: And Yeti Holdings Inc (Symbol: YETI) saw options trading volume of 5,296 contracts, representing approximately 529,600 underlying shares or approximately 45% of YETI's average daily trading volume over the past month, of 1.2 million shares. Below is a chart showing YETI's trailing twelve month trading history, with the $30 strike highlighted in orange: For the various different available expirations for DE options, GD options, or YETI options, visit StockOptionsChannel.com.
ae8146c7-52d8-4467-b276-e7a871ce1059
721769.0
2019-09-22 00:00:00 UTC
How to Invest in Robotics Stocks
DE
https://www.nasdaq.com/articles/how-to-invest-in-robotics-stocks-2019-09-22
nan
nan
Robotics and the increasing use of automation represent one of the most exciting investment avenues for stock buyers in the coming decades. The makers of robotics and automation systems understand that there is a growing need to improve the efficiency of production in several sectors of the overall economy. With the increasing penetration of information technology in manufacturing and the explosion of the Industrial Internet of Things (IIoT), the already well-established robotics sector is entering a new round of long-term growth that should propel many of the companies involved even higher. Let's take a look at how an investor might go about getting some exposure to robotics and automation stocks and what these companies -- some of which you might be surprised to see mentioned -- actually do. Image source: Getty Images. Investing in robotics is a cyclical exercise The robotics and automation industries have some peculiarities about them that we should note right from the start. First, spending in the industry tends to be driven by what the business community calls expansionary or growth capital spending, which is distinct from maintenance capital spending. In other words, when the economy is doing well and manufacturing companies are growing sales strongly, they tend to think about expanding their plants or adopting new technologies in them -- this is expansionary or growth capital spending. Maintenance capital spending is simply what companies must spend in order to continue existing levels of production. So even if the long-term trend toward spending on robotics automation is upward, investors are going to have to tolerate some ups and downs, because economies tend to have ups and downs too. Second, robotics is really a subset of industrial automation, and in most cases, it's almost impossible to separate robotics from industrial automation in terms of investment. This means that it's highly unlikely that a company with broad-based exposure to industrial automation will be able to avoid a slowdown in the economy -- even if its robotics sales are growing. To bring these points together, let's look at leading U.S. industrial automation company Rockwell Automation's (NYSE: ROK) sales pattern in the 2014-2019 period. As you can see in the chart below, sales growth turned sharply negative in the 2015-2016 period due to the slump in commodity prices caused by a collapse in oil and gas, mining, and heavy industries spending. It recovered in the following years but then fell back most recently due to a combination of a slowing overall economy, specific cyclical weakness among automotive and semiconductor companies, and fears over the U.S.-China trade conflict. Data source: Rockwell Automation presentations. Long-term investors in the industry will simply accept that there will be ups and downs along the way, but the underlying secular drivers will remain strong. The third point is that Asia (and China in particular) is the driving force behind the demand for robotics and automation. The International Federation of Robotics (IFR) sees the supply of robots quadrupling over the 10 years that followed the last yearly drop in worldwide supply back in 2012. Data source: International Federation of Robotics. Chinese companies purchase roughly 37% of the units sold around the world, and the rest of Asia (including Japan) buys about 33%. Europe's share of automation units purchased comes in at around 18%, and the Americas (mostly the U.S.) roughly make up the remaining 12% share. And the demand for units is only expected to grow in China, as the IFR says the country's robot density -- defined as the number of robots installed per employee -- is still low compared to that in other major industrialized countries. In other words, look to China to drive growth for robotics and industrial automation in the future. Data source: IFR World Robotics 2018. On a related note, the traditional early adopters of automation/robotics, such as the automotive and electrical and electronics manufacturing industries, are set to lead volume growth in the near future. This is important to consider, because if these two industries turn down aggressively -- as they did in 2019 -- then robotics automation companies can suffer falling sales. All told, if you are investing in the robotics industry, you must be aware of the cyclicality of the industry, its outsized connection to China, and the fact that buying into the robotics sector will almost certainly involve exposure to industrial automation at large. How to invest in robotics stocks When researching robotics stocks, it will help to understand that there are four distinct groups to consider. They are: Companies that make the core automation and robotics technology. Companies that make technologies and components that work with or in robotics. Industrial software companies, which are an integral part of the smart automation revolution and the segment in which the highest growth rates are likely to be found. Companies that are using robotics and smart automation to enhance their product offerings to existing customers. This is an intriguing group that can fly under the radar of many investors. Let's take a more detailed look at each of the four groups and include some specific stocks as part of that discussion. 1. Core automation and robotics So what is the difference between a robot and a piece of factory automation equipment? The IFR uses the International Organization for Standardization (ISO) definition to explain that a robot is "an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes, which can be fixed in place or mobile in industrial automation applications." The robot definition makes it pretty clear that robotics is actually a subset of factory automation. For reference, automation is usually prominent in two main markets. One is factory or discrete automation (think of a bottling plant or of an assembly line of robots putting together a car), and the other is process automation, which is the automated control of raw materials (think of oil and gas refining or chemicals processing). So companies like Fanuc, ABB, Yaskawa, and Kuka that say they are robotics companies are also factory automation companies. As you can see below, ABB is the only company to be a major player in all three markets, but Germany's Siemens is also a major player in factory and process automation. Japan's Fanuc and Kuka (a German company now majority owned by China's Midea) are also active in robotics and factory automation. Data source: UBS research. *Major means controls at least 10% of the market. Minor means the company controls 2% or less of the market. Yes indicates the market share is 2% to 10%. As noted earlier, the U.S. is a smaller market for robotics than Asia and even Europe. So it makes sense that more leading robotics and factory automation companies traded on U.S. markets are European (Kuka, ABB, Siemens, and Schneider) and Japanese (Yaskawa, Fanuc, and Mitsubishi). The only significant U.S.-based factory automation companies are Rockwell and Emerson Electric. Emerson tried to create a U.S. automation champion in 2018 by launching a takeover bid of Rockwell that ultimately failed. Look out for cyclicality in all these businesses. It's reasonable to expect faster growth from the robotics sector, but factory automation, in general, will oscillate in line with the economy. And capital spending in process automation is somewhat guided by trends in commodity prices. ABB is an interesting company, but it has a significant amount of restructuring ahead of it. Siemens is an attractive investment that tends to pay a healthy dividend, but its industrial automation operations only make up a portion of a much larger and diversified organization. Rockwell is probably the best way for U.S. investors to get long-term direct exposure to industrial automation. As the Emerson Electric takeover bid demonstrates, Rockwell is a strategically attractive company for others looking to get exposure to the U.S. industrial automation market. 2. Robot technology stocks Until now, we've been discussing very large companies working to develop wholesale solutions for the robotics and automation markets. But what about some of the smaller companies that specialize in just a segment? These companies focus on improving certain aspects of robotics and industrial automation by developing and marketing things like vision systems, digital sensors, motion-control sensors, and video compression. If robots are going to take the place of human activity in the manufacturing process, the machines will have to behave more like humans. Part of that is being able to see and define images better in order to monitor and control automated processes. Data source: Author research. Cognex's machine vision systems are a good example for this sector. The company's largest customer is Apple, and its biggest end markets are automotive and consumer electronics. For example, its solutions help to guide and monitor robots on a car production line and also help smartphone manufacturers to precisely align the manufacturing of display panels. Cognex's management believes it can grow its factory automation-based revenue by 20% a year over the long term. But it's not going to be 20% a year every year, because its end markets can have ups and downs from year to year. In addition to its factory automation end markets, Cognex also has a fast-growing logistics end market with its machine vision systems for e-fulfillment warehousing. E-commerce sales continue to grow at a mid-teens rate in the U.S., and there's a need to expand warehouse space in order to meet the demand for e-commerce deliveries. It's an exciting end market, and Cognex believes it can grow its logistics sales by 50% a year in the near term. The need for better robotic vision and detection is a byproduct of the growth in automation. Likewise, the growing adoption of smart sensors and actuators to improve manufacturing processes means more data will have to be captured and analyzed. This virtuous cycle of productivity requirements and subsequent advancements will help the companies in this sector continue to benefit. 3. Industrial software companies and IIoT Before we go any further, it would help to provide a bit more explanation of what the Industrial Internet of Things is and how it relates to this sector. The IIoT is simply the process whereby web-enabled sensors are used to create data and information that will help companies better manage physical assets. An example could be the use of sensors on a gas turbine in order to predict when it will need servicing. Arguably the most exciting growth area among the four sectors, the growing penetration of IIoT software tools and digitization is changing how manufacturing companies manage their devices. Naturally, this is highly relevant to robotics, because as processes become automated, more and more data can be captured and utilized. Image source: Getty Images. As such, manufacturers are even more eager to robotize production, because IIoT and industrial software applications are enhancing the value of an investment in robots and automation. In a nutshell, manufacturing is probably the best way to play the IIoT revolution. Indeed, all leading automation companies have their own industrial software solutions or partnerships with other leading companies. For example, Siemens and Rockwell Automation dominate the market for programmable logic controllers (PLCs), and Siemens has its own product lifecycle management (PLM) software, while ABB partners with Dassault Systemes (OTC: DASTY) and Rockwell with PTC (NASDAQ: PTC). (PLM is software used to design products and physical assets and then manage them as they are used.) Meanwhile, software companies, such as PTC, Dassault, and ANSYS (NASDAQ: ANSS), offer solutions that help manage automation assets better, including the exciting world of so-called digital twins. In digital twinning, a physical asset is replicated digitally and then different simulations are run in order generate comparative information that is analyzed and used to run the physical asset better. In a sense, all these software companies have a symbiotic relationship with robotics, and the two often end up being mutually beneficial. Increases in software applications and IIoT adoption will make automation and robotics investments more cost effective, and companies buying more robots will encourage more software development. Alongside PLM, other software solution providers such as Aspen Technology (NASDAQ: AZPN) help companies optimize asset performance. An example is the need to reduce downtime on machinery in a heavy-duty industry like pulp and paper. Aspen's software helps pulp and paper companies monitor the performance of motors and drives in the manufacturing process. As investment in smart automation increases, companies like Aspen are going to see more growth opportunity ahead. 4. Under-the-radar robotics stocks There is a growing subset of companies using smart automation and robotics in order to enhance or develop new solutions for customers. Investors will probably know about companies like domestic appliance maker iRobot (NASDAQ: IRBT) or even Intuitive Surgical (NASDAQ: ISRG) and its groundbreaking da Vinci robotic surgical system. In fact, Intuitive's growth has been so impressive that medical device company Medtronic (NYSE: MDT) is muscling in on the market and intends to compete directly with Intuitive. Image source: Getty Images. Also, so-called old-economy stocks like agricultural equipment manufacturer Deere (NYSE: DE) are benefiting from the strong adoption of its IoT-enabled precision agriculture solutions. Using Deere's onboard telematics, computers, and hardware solutions, farmers can better manage their operations by getting digital assistance to guide and steer equipment. In fact, Deere even sells robotic lawnmowers. Meanwhile, Oceaneering International (NYSE: OII) makes automated guiding vehicles used in industries as diverse as materials handling, subsea engineering technologies used in offshore energy (wind power and oil and gas), and vehicles used in space. AeroVironment (NASDAQ: AVAV) makes unmanned aircraft systems and drones for the defense and satellite industries. Brooks Automation (NASDAQ: BRKS) makes robotics and handling solutions for the life sciences and semiconductor industries. Another area in which robots are adding significant value is in warehouse automation -- a high-growth area given the huge expansion of e-commerce and the increased need for e-fulfillment. Honeywell's (NYSE: HON) purchase of material handling company Intelligrated has been a huge success, and as noted previously, Cognex believes it can grow its logistics-based revenue at a 50% rate in the near future. Honeywell's Intelligrated is a solution provider (materials handling, sorters, and conveyors) to Amazon.com (NASDAQ: AMZN) and its growing investment in warehouse automation. In fact, Amazon's investment in robotics extends to buying a robotic technology company -- Kiva Systems (now called Amazon Robotics) -- for $775 million in 2012 in order to use its technology in house. Moreover, in 2019, Amazon bought Canvas Technology, a robotics start-up building autonomous carts for warehouses. Two other stocks that benefit from automation in the warehouse are Germany's KION Group (OTC: KIGRY), a manufacturer of forklifts and warehouse equipment and owner of Intelligrated's rival warehouse robotics company Dematic. Another interesting company in the sector is Zebra Technologies (NASDAQ: ZBRA). The company makes mobile computers, scanners, and barcode printers, which will be needed to support companies investing in robotic automation in logistics. While robots will perform repetitive tasks, there will still be a need for humans to work alongside robots in smart automation centers. Another way to invest in the sector is via a robotics ETF, or exchange-traded fund, such as the ROBO Global Robotics and Automation ETF (NYSEMKT: ROBO). The robotics ETF will tend to own most, if not all, of the robotic automation stocks discussed here, and it's a good way to gain exposure to the sector for investors looking to avoid the process of picking out the best stocks individually. A long-term investment opportunity Putting all of this together, it's clear that the structural drivers behind robotics companies are very strong. A combination of rising labor costs in emerging markets, the growing adoption of IIoT in manufacturing, and relatively low levels of robots used in China all point to a significant runway of growth for companies working in emerging markets. Meanwhile, in developed markets, the need to improve productivity, particularly in light of slowing GDP growth, will drive investment in robotics and automation. Moreover, the opportunity to fully benefit from the IIoT revolution will also make automation investment a compelling proposition. That said, investors in the industry will have to be able to ride out the ups and downs of the business cycle, particularly as capital spending reflects efforts to expand rather than just maintain the respective businesses. And investors should remember that two industries -- automotive and electronics/electrical -- still dominate the immediate prospects for the industry. The underlying secular growth driving the industry makes it a good place for the long-term investor. 10 stocks we like better than Rockwell Automation When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Rockwell Automation wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Lee Samaha owns shares of Honeywell International. The Motley Fool owns shares of and recommends Ambarella, Apple, Cognex, Intuitive Surgical, IPG Photonics, and iRobot. The Motley Fool has the following options: short January 2020 $155 calls on Apple, long January 2020 $150 calls on Apple, short January 2020 $155 calls on Apple, and long January 2020 $150 calls on Apple. The Motley Fool recommends AeroVironment, Dassault Systemes, Fanuc, Oceaneering International, and Zebra Technologies. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The IFR uses the International Organization for Standardization (ISO) definition to explain that a robot is "an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes, which can be fixed in place or mobile in industrial automation applications." Robotics and the increasing use of automation represent one of the most exciting investment avenues for stock buyers in the coming decades. The makers of robotics and automation systems understand that there is a growing need to improve the efficiency of production in several sectors of the overall economy.
Robotics and the increasing use of automation represent one of the most exciting investment avenues for stock buyers in the coming decades. The makers of robotics and automation systems understand that there is a growing need to improve the efficiency of production in several sectors of the overall economy. Maintenance capital spending is simply what companies must spend in order to continue existing levels of production.
Robot technology stocks Until now, we've been discussing very large companies working to develop wholesale solutions for the robotics and automation markets. Robotics and the increasing use of automation represent one of the most exciting investment avenues for stock buyers in the coming decades. The makers of robotics and automation systems understand that there is a growing need to improve the efficiency of production in several sectors of the overall economy.
Robotics and the increasing use of automation represent one of the most exciting investment avenues for stock buyers in the coming decades. The makers of robotics and automation systems understand that there is a growing need to improve the efficiency of production in several sectors of the overall economy. Maintenance capital spending is simply what companies must spend in order to continue existing levels of production.
b0a99cb2-6f29-4960-b25a-641b6b3549e9
721770.0
2019-09-19 00:00:00 UTC
After Jumping 2X In 3 Years, Does Deere's Stock Still Have Room For Growth?
DE
https://www.nasdaq.com/articles/after-jumping-2x-in-3-years-does-deeres-stock-still-have-room-for-growth-2019-09-19
nan
nan
Deere (NYSE:DE) is one of the largest manufacturers of agriculture equipment in the world. Deere’s stock has more than doubled in value in the last three years – increasing from under $80 per share in early 2016 to around $160 now – thanks to a combination of improved margins, upbeat global sentiment and strong revenue growth. Moreover, improved U.S. farm cash receipts have aided the demand for the company’s products. Trefis highlights the reasons for Deere’s Share Price Increase over recent years in an interactive dashboard along with our forecast for full-year 2019. We estimate Deere’s valuation to be $168 per share – leaving little upside potential for investors. You can modify any of our key drivers to gauge the impact of changes on the company. Additionally, you can see all Trefis Industrial Data here Deere’s Stock Has Outperformed Major Price Indices Over Recent Years Deere’s stock price has increased from $77 at the beginning of 2016 to around $160 now. This translates to a growth of more than 100%. Deere has comfortably outperformed major indices such as S&P 500 and Dow Jones Industrial Average. Over the same period, Dow Jones Industrial Average grew by 57% while S&P 500 could manage a growth of roughly 50%. Why Has Deere’s Stock Outperformed? We break down change in Deere’s stock into 4 factors: Deere’ s Stock Price = Revenue x Margins x Earnings Multiple / No. of Shares Deere’ shares have gained primarily from an increase in Revenues and P/E multiple as well as marginal increase in net income margin (62 bps) The increase in valuation was mitigated partially by an increase in share count. #1 Deere Has Witnessed Strong Revenue Growth Post 2016 After sliding 8% in 2016, Deere’s revenues jumped by more than $10 billion over the next 2 years at an average annual rate of 18.4%. Agriculture and Turf Equipment has been the largest growth driver, adding $4.7 billion to total revenues – contributing roughly 62% to the total revenue growth. Construction and Forestry Equipment segment has been the company’s fastest-growing segment over recent years, adding more than $5 billion in revenues since 2016, primarily driven by the acquisition of Wirtgen and higher shipment volumes #2 Deere’s Agricultural & Turf Equipment Revenue Seems To Be Moving In Tandem With U.S. Farm Cash Receipts Since Deere derives roughly 90% of its equipment operations revenues from U.S. & Canada, Deere’s revenue is dependent upon the U.S. farm cash receipts (FCR). There is an evident positive correlation between U.S. FCR and Deere’s Agricultural & Turf equipment revenues. Since 2016, both these metrics have achieved steady growth. That said, Deere’s revenue growth has comfortably outpaced growth in US FCR due to replacement demand. Strong replacement demand in agricultural markets, has helped Deere to achieve robust growth in Agricultural & Turf equipment revenues #3 Deere’s Total Expenses As % of Total Revenue Have Marginally Declined Although Deere’s expenses, led by Wirtgen acquisition, have increased sharply since 2016, revenue growth has comfortably outpaced growth in expenses. As a result, Deere’s total expenses as % of revenue have slightly declined from 91.7% in 2016 to around 89% in 2018. Lower R&D and SG&A expenses have primarily contributed to this decline in total expenses #4. Strong Revenue Growth Has Boosted The Company’s Bottom Line Net profit has gone up from $1.5 billion in 2016 to more than $2.4 billion in 2018. This growth can be primarily attributed to increased revenues across all operating divisions. This has helped the EPS figure improve from $4.81 in 2016 to $7.24 in 2018 despite the marginal negative impact of an increase in number of stock #5. Deere’s P/E Ratio Has Also Increased Steadily Deere’s P/E Ratio has steadily increased from 17.7x in 2016 to around 20.6x in 2018-providing a boost to the company’s stock price. However, our estimate for the company’s P/E multiple for 2019 is lower at 16.1x – indicating a fair price estimate of $168 for Deere’s stock. Conclusion: Deere’s Stock Looks Fairly Priced Based On Our Forecasts For Revenues and Profits In 2019 Deere has good underlying demand from the replacement cycle and take-up of its technological solutions in agricultural equipment, while construction demand also remains good. Moreover, demand for replacement equipment has been accompanied by farmers’ willingness to invest in technologies that enhance operational efficiencies and produce tangible economic results. In addition, demand for construction and forestry equipment is likely to remain upbeat, to be driven by strong growth in housing demand. This should further support the demand for Deere’s products and in-turn its stock price movement in the near term We value the company at about 16x projected FY’19 EPS –lower than its current trading multiple of 17x, but higher than the industry-average trading multiple of 11.5x. Based on our forecast, Deere’s adjusted EPS for fiscal 2019 is likely to be around $10.44. Using this figure with our estimated P/E ratio of 16x, this works out to a price estimate of $168 for Deere’s stock, which is slightly ahead of the current market price. What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams All Trefis Data Like our charts? Explore example interactive dashboards and create your own. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Deere’s stock has more than doubled in value in the last three years – increasing from under $80 per share in early 2016 to around $160 now – thanks to a combination of improved margins, upbeat global sentiment and strong revenue growth. Trefis highlights the reasons for Deere’s Share Price Increase over recent years in an interactive dashboard along with our forecast for full-year 2019. Moreover, demand for replacement equipment has been accompanied by farmers’ willingness to invest in technologies that enhance operational efficiencies and produce tangible economic results.
Additionally, you can see all Trefis Industrial Data here Deere’s Stock Has Outperformed Major Price Indices Over Recent Years Deere’s stock price has increased from $77 at the beginning of 2016 to around $160 now. Construction and Forestry Equipment segment has been the company’s fastest-growing segment over recent years, adding more than $5 billion in revenues since 2016, primarily driven by the acquisition of Wirtgen and higher shipment volumes #2 Deere’s Agricultural & Turf Equipment Revenue Seems To Be Moving In Tandem With U.S. Farm Cash Receipts Since Deere derives roughly 90% of its equipment operations revenues from U.S. & Canada, Deere’s revenue is dependent upon the U.S. farm cash receipts (FCR). Strong replacement demand in agricultural markets, has helped Deere to achieve robust growth in Agricultural & Turf equipment revenues #3 Deere’s Total Expenses As % of Total Revenue Have Marginally Declined Although Deere’s expenses, led by Wirtgen acquisition, have increased sharply since 2016, revenue growth has comfortably outpaced growth in expenses.
Construction and Forestry Equipment segment has been the company’s fastest-growing segment over recent years, adding more than $5 billion in revenues since 2016, primarily driven by the acquisition of Wirtgen and higher shipment volumes #2 Deere’s Agricultural & Turf Equipment Revenue Seems To Be Moving In Tandem With U.S. Farm Cash Receipts Since Deere derives roughly 90% of its equipment operations revenues from U.S. & Canada, Deere’s revenue is dependent upon the U.S. farm cash receipts (FCR). Strong replacement demand in agricultural markets, has helped Deere to achieve robust growth in Agricultural & Turf equipment revenues #3 Deere’s Total Expenses As % of Total Revenue Have Marginally Declined Although Deere’s expenses, led by Wirtgen acquisition, have increased sharply since 2016, revenue growth has comfortably outpaced growth in expenses. Conclusion: Deere’s Stock Looks Fairly Priced Based On Our Forecasts For Revenues and Profits In 2019 Deere has good underlying demand from the replacement cycle and take-up of its technological solutions in agricultural equipment, while construction demand also remains good.
That said, Deere’s revenue growth has comfortably outpaced growth in US FCR due to replacement demand. Strong replacement demand in agricultural markets, has helped Deere to achieve robust growth in Agricultural & Turf equipment revenues #3 Deere’s Total Expenses As % of Total Revenue Have Marginally Declined Although Deere’s expenses, led by Wirtgen acquisition, have increased sharply since 2016, revenue growth has comfortably outpaced growth in expenses. Deere (NYSE:DE) is one of the largest manufacturers of agriculture equipment in the world.
0e78485e-b671-494f-8737-bca82a7fd22a
721771.0
2019-09-16 00:00:00 UTC
3 Industries Suffering Due to the Trade War
DE
https://www.nasdaq.com/articles/3-industries-suffering-due-to-the-trade-war-2019-09-16
nan
nan
This article was first published by MyWallSt. Which 2 pot stocks will beat the market? Find out in MyWallSt's free guide! Over more than a year, U.S. President Donald Trump and Chinese President Xi Jinping have been applying tariffs back and forth, starting with Trump's duties on solar panels and washing machines in January 2018. Since then, the tariffs have ramped up significantly. In August, Trump ordered U.S. companies to "immediately start looking for an alternative to China" after Xi threatened to impose duties on $75 billion worth of U.S. goods. These industries face the biggest threats: The technology industry These taxes have the most significant impact on industries that deal directly with the other country. One of the industries impacted the most by the trade war is the technology industry. Chipmakers such as NVIDIA (NASDAQ: NVDA), Micron Technology (NASDAQ: MU), and Intel (NASDAQ: INTC) are particularly vulnerable to the trade war tensions as they have high exposure in China. Chinese revenue makes up 24%, 57%, and 27% of their total revenue, respectively. Image source: Unsplash. Trump's ban on U.S. companies selling equipment to Huawei is another move that could have disastrous consequences for both countries. Semiconductor manufacturer Broadcom (NASDAQ: AVGO) sold $900 million worth of chips to Huawei in 2018, with 49% of its total revenue coming from China. Huawei expects revenue to fall by $10 billion due to this ban from the U.S. Although the ban has recently been delayed, Huawei is prepared to work for the foreseeable future under these kinds of restrictions, reducing its dependence on U.S. products. The automotive industry The auto industry is likely to suffer from the introduction of tariffs from China. In 2018, China raised the tax on U.S. automobiles from 15% to 40%. Although Chinese consumers usually buy locally manufactured cars, one U.S. company that could suffer greatly from these tariffs is Tesla (NASDAQ: TSLA). The electric-car maker, which currently manufactures its automobiles in the U.S., has begun building its Gigafactory in Shanghai. The plan is for the new facility to manufacture roughly 10,000 Model 3s every week for the local Chinese market, and it is scheduled to open in late 2019. Although the levies have been brought back down to 15% as a gesture of goodwill, further tension between the U.S. and China could lead to significant financial trouble for Tesla as it expands further into China. The agricultural industry Another industry heavily affected by these charges is the agricultural industry. China is currently the fourth-largest agricultural export market for the U.S., with $9.3 billion worth of agricultural products being exported to China in 2018. Among cotton, hide, pork, and coarse grains, one of the largest Chinese imports are U.S. soybeans. In 2018, the country purchased $3.1 billion worth of soybeans from the U.S. That same year, Chinese officials placed a 25% toll on the product. These tariffs have had a bad impact on farmers, with agricultural exports down 61% from 2014. This has led to an increase in farm bankruptcies and has had a knock-on effect on companies such as Deere (NYSE: DE) and Caterpillar (NYSE: CAT), which manufacture equipment used by farmers. In August, Deere cut its full-year earnings forecasts for a second time in four months, saying that uncertainty in the sector has affected its results. Deere's net sales for the three months to July 28 fell 3.8% from the same time last year, with net income also declining from $910 million to $899 million. How to overcome these issues In an attempt to work around these restrictions, Huawei has been limiting its reliance on U.S. technology. In August, Huawei unveiled its own phone, computer, and smart device operating system, with the goal of competing with the Android OS. Huawei also recently announced Ascend 901, a new artificial intelligence chipset, to compete with NVIDIA's GPU (graphics processing unit) and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) TPU (tensor processing unit). U.S. companies, on the other hand, have begun moving operations out of China. Apple (NASDAQ: AAPL) has announced that it would move some of its manufacturing facilities from China to India. Californian solar technology company Enphase (NASDAQ: ENPH) announced it would produce some of its products in Mexico to avoid these tariffs. This is not the first time companies have looked outside of China for manufacturing. Since 2013, the minimum wage in Shanghai has risen roughly 53%. Over the course of this time, companies such as Nintendo, Sharp, and Kyocera have moved production to Vietnam, whose exports grew 64% over the past three years. India, Malaysia, Thailand, Taiwan, and Mexico have also seen an increase in their exports to the U.S., with Mexico passing China to become the U.S.'s largest trading partner. Although the trade war is still in full swing, on Sept. 4, 2019, the U.S. and China agreed to resume trade negotiations. The two countries agreed to talk in Washington this October in a bid to relax the growing tension. The Dow Jones Industrial Average rose 1.2% following this announcement. Image source: MyWallSt. One of these pot stocks is already +100% this year. What are you waiting for? MyWallSt operates a full disclosure policy. MyWallSt staff currently hold long positions in Alphabet, Apple and Nvidia. Read our full disclosure policy here. 10 stocks we like better than Tesla When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Tesla wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. The Motley Fool owns shares of and recommends Alphabet (A and C shares), Apple, NVIDIA, and Tesla. The Motley Fool owns shares of Intel and has the following options: short September 2019 $50 calls on Intel, short January 2020 $155 calls on Apple, long January 2020 $150 calls on Apple, short January 2020 $155 calls on Apple, and long January 2020 $150 calls on Apple. The Motley Fool recommends Broadcom Ltd and Nintendo. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In August, Trump ordered U.S. companies to "immediately start looking for an alternative to China" after Xi threatened to impose duties on $75 billion worth of U.S. goods. In August, Huawei unveiled its own phone, computer, and smart device operating system, with the goal of competing with the Android OS. Find out in MyWallSt's free guide!
Find out in MyWallSt's free guide! Over more than a year, U.S. President Donald Trump and Chinese President Xi Jinping have been applying tariffs back and forth, starting with Trump's duties on solar panels and washing machines in January 2018. In August, Trump ordered U.S. companies to "immediately start looking for an alternative to China" after Xi threatened to impose duties on $75 billion worth of U.S. goods.
Chipmakers such as NVIDIA (NASDAQ: NVDA), Micron Technology (NASDAQ: MU), and Intel (NASDAQ: INTC) are particularly vulnerable to the trade war tensions as they have high exposure in China. Find out in MyWallSt's free guide! Over more than a year, U.S. President Donald Trump and Chinese President Xi Jinping have been applying tariffs back and forth, starting with Trump's duties on solar panels and washing machines in January 2018.
Find out in MyWallSt's free guide! Over more than a year, U.S. President Donald Trump and Chinese President Xi Jinping have been applying tariffs back and forth, starting with Trump's duties on solar panels and washing machines in January 2018. In August, Trump ordered U.S. companies to "immediately start looking for an alternative to China" after Xi threatened to impose duties on $75 billion worth of U.S. goods.
25986560-2dc4-4893-ac5d-cca5e739f9e3
721772.0
2019-09-13 00:00:00 UTC
Notable Friday Option Activity: DE, NVDA, USAT
DE
https://www.nasdaq.com/articles/notable-friday-option-activity%3A-de-nvda-usat-2019-09-13
nan
nan
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 16,029 contracts have traded so far, representing approximately 1.6 million underlying shares. That amounts to about 81% of DE's average daily trading volume over the past month of 2.0 million shares. Particularly high volume was seen for the $145 strike put option expiring December 20, 2019, with 2,007 contracts trading so far today, representing approximately 200,700 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $145 strike highlighted in orange: NVIDIA Corp (Symbol: NVDA) options are showing a volume of 86,490 contracts thus far today. That number of contracts represents approximately 8.6 million underlying shares, working out to a sizeable 80.2% of NVDA's average daily trading volume over the past month, of 10.8 million shares. Especially high volume was seen for the $182.50 strike call option expiring September 13, 2019, with 7,129 contracts trading so far today, representing approximately 712,900 underlying shares of NVDA. Below is a chart showing NVDA's trailing twelve month trading history, with the $182.50 strike highlighted in orange: And USA Technologies Inc (Symbol: USAT) options are showing a volume of 6,952 contracts thus far today. That number of contracts represents approximately 695,200 underlying shares, working out to a sizeable 78.7% of USAT's average daily trading volume over the past month, of 882,895 shares. Especially high volume was seen for the $8 strike call option expiring October 18, 2019, with 3,513 contracts trading so far today, representing approximately 351,300 underlying shares of USAT. Below is a chart showing USAT's trailing twelve month trading history, with the $8 strike highlighted in orange: For the various different available expirations for DE options, NVDA options, or USAT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $145 strike put option expiring December 20, 2019, with 2,007 contracts trading so far today, representing approximately 200,700 underlying shares of DE. Especially high volume was seen for the $182.50 strike call option expiring September 13, 2019, with 7,129 contracts trading so far today, representing approximately 712,900 underlying shares of NVDA. Especially high volume was seen for the $8 strike call option expiring October 18, 2019, with 3,513 contracts trading so far today, representing approximately 351,300 underlying shares of USAT.
Below is a chart showing DE's trailing twelve month trading history, with the $145 strike highlighted in orange: NVIDIA Corp (Symbol: NVDA) options are showing a volume of 86,490 contracts thus far today. That number of contracts represents approximately 8.6 million underlying shares, working out to a sizeable 80.2% of NVDA's average daily trading volume over the past month, of 10.8 million shares. That number of contracts represents approximately 695,200 underlying shares, working out to a sizeable 78.7% of USAT's average daily trading volume over the past month, of 882,895 shares.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 16,029 contracts have traded so far, representing approximately 1.6 million underlying shares. That number of contracts represents approximately 8.6 million underlying shares, working out to a sizeable 80.2% of NVDA's average daily trading volume over the past month, of 10.8 million shares. Below is a chart showing USAT's trailing twelve month trading history, with the $8 strike highlighted in orange: For the various different available expirations for DE options, NVDA options, or USAT options, visit StockOptionsChannel.com.
Especially high volume was seen for the $182.50 strike call option expiring September 13, 2019, with 7,129 contracts trading so far today, representing approximately 712,900 underlying shares of NVDA. That number of contracts represents approximately 695,200 underlying shares, working out to a sizeable 78.7% of USAT's average daily trading volume over the past month, of 882,895 shares. Below is a chart showing USAT's trailing twelve month trading history, with the $8 strike highlighted in orange: For the various different available expirations for DE options, NVDA options, or USAT options, visit StockOptionsChannel.com.
1ed4b565-19c2-444a-b362-55679bfd2a04
721773.0
2019-09-12 00:00:00 UTC
Caterpillar and Deere Stocks Downgraded: What You Need to Know
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https://www.nasdaq.com/articles/caterpillar-and-deere-stocks-downgraded%3A-what-you-need-to-know-2019-09-12
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Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope.... 2019 has been a confusing year for investors in the U.S. agricultural industry (but aren't they all?). Through April 2019, the United States experienced its wettest 12 months in U.S. history, according to data from the National Oceanic and Atmospheric Administration -- lousy news for farmers. It was also lousy news for companies like Caterpillar (NYSE: CAT) and Deere (NYSE: DE), two of the best-known names selling heavy equipment to farmers. But last month, the news took a turn for the positive -- or at least for the less negative. An end-of-summer heat wave helped salvage soggy U.S. cornfields. And U.S. Department of Agriculture forecasts in August showed corn production falling only about 4% in comparison to 2018 levels. Soybean production is still expected to be down big-time -- as much as 19% year over year -- but the news coming out of the cornfields must have come as a relief. Over the last month, shares of Caterpillar are up 14%, and Deere stock is up a nearly as-impressive 12% -- and now outperforming the S&P 500 by a good eight percentage points over the past year as well! So why are the bankers at Wells Fargo downgrading shares of both Caterpillar and Deere today? Fears of flooded fields swamped these stocks earlier in the year, but now they're bouncing back. Should they? Image source: Getty Images. Downgrading Cat and Deere The answer, in a word, is construction. Wells Fargo cites "relatively lackluster Q3 [20]19 construction dealer channel check feedback" as its primary reason for downgrading both Caterpillar stock and Deere stock today. As the analyst explains: "US construction equipment demand is at or near peak and likely will decline during 2020 due to flattening activity and a shift to equipment rental from purchase." So even if the companies' respective agricultural equipment businesses hold up reasonably well, this will put "downward pressure on earnings power." It's worth pointing out that Wells Fargo's forecast contrasts with forecasts by others. As recently as July, for example, the American Institute of Architects forecast that non-residential construction activity in the U.S. in 2020 would be slower than in 2019, but would still grow 2%. Downgrading Caterpillar, specifically That being said, Wells Fargo has other reasons to doubt the attractiveness of both Caterpillar and Deere stocks, in addition to a general feeling of foreboding regarding the construction industry. On Cat stock, for example, the analyst told StreetInsider.com today that the company's energy and transportation division sales will decline "modestly" in 2020, offsetting growth in the "mid-single" digits in resource industries sales. Most importantly, though, Wells Fargo worries that a weak sales environment for construction equipment will complicate Cat's efforts to reduce "global distributor inventory by $900 million" as early as this year. Weak demand will further sap backlog levels. As Cat struggles to unload unwanted equipment, this is likely to put downward pressure on prices -- and hurt profit. Downgrading Deere, specifically Like investors generally, Wells Fargo seems to prefer Deere stock over Caterpillar. (Indeed, over the past 12 months, Deere stock has outperformed the S&P 500, while Cat stock has underperformed.) Curiously, considering the rough year the ag industry has experienced, the reason Wells Fargo prefers Deere over Cat appears to be Deere's greater emphasis on selling agricultural equipment (which makes up 62% of Deere's annual sales, according to data from S&P Global Market Intelligence). "We still like N. American large farm equipment cyclical positioning [and] precision farm potential," writes the analyst. That being said, even if this year's harvest might not be quite as miserable as it first appeared, Wells Fargo warns that "visible catalysts in place to push up N. American large farm equipment demand in [fiscal year] 2020" are lacking. That would seem to put into question Deere's ability to grow earnings at the 10% annual rate that most analysts expect to see over the next few years. Valuing Caterpillar and Deere Viewing the two side by side: I see Caterpillar stock trading for just 11.7 times trailing earnings today with a 13% projected growth rate over the next five years. That looks more attractive than Deere trading at 15.3 times earnings with a 10% growth rate over five years -- a rate that could be imperiled if the ag industry takes another turn for the worse. Although the higher expected growth rate gives Caterpillar a higher bar to clear, there's probably a reason analysts think Caterpillar will grow faster -- it still has a lower PEG ratio than Deere's. I also prefer Caterpillar's richer dividend yield (3.2% versus Deere's 1.8%) and its superior free cash flow ($4.6 billion generated over the last 12 months, versus negative free cash flow at Deere). Should the construction slowdown turn out to be less bad than Wells Fargo fears, or the agricultural slump worsen, I'd expect Caterpillar's stock to outperform Deere's. 10 stocks we like better than Caterpillar When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Caterpillar wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Should the construction slowdown turn out to be less bad than Wells Fargo fears, or the agricultural slump worsen, I'd expect Caterpillar's stock to outperform Deere's. Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. Today, we're taking one high-profile Wall Street pick and putting it under the microscope.... 2019 has been a confusing year for investors in the U.S. agricultural industry (but aren't they all?).
Downgrading Deere, specifically Like investors generally, Wells Fargo seems to prefer Deere stock over Caterpillar. Curiously, considering the rough year the ag industry has experienced, the reason Wells Fargo prefers Deere over Cat appears to be Deere's greater emphasis on selling agricultural equipment (which makes up 62% of Deere's annual sales, according to data from S&P Global Market Intelligence). Valuing Caterpillar and Deere Viewing the two side by side: I see Caterpillar stock trading for just 11.7 times trailing earnings today with a 13% projected growth rate over the next five years.
Wells Fargo cites "relatively lackluster Q3 [20]19 construction dealer channel check feedback" as its primary reason for downgrading both Caterpillar stock and Deere stock today. Downgrading Caterpillar, specifically That being said, Wells Fargo has other reasons to doubt the attractiveness of both Caterpillar and Deere stocks, in addition to a general feeling of foreboding regarding the construction industry. Curiously, considering the rough year the ag industry has experienced, the reason Wells Fargo prefers Deere over Cat appears to be Deere's greater emphasis on selling agricultural equipment (which makes up 62% of Deere's annual sales, according to data from S&P Global Market Intelligence).
Curiously, considering the rough year the ag industry has experienced, the reason Wells Fargo prefers Deere over Cat appears to be Deere's greater emphasis on selling agricultural equipment (which makes up 62% of Deere's annual sales, according to data from S&P Global Market Intelligence). Should the construction slowdown turn out to be less bad than Wells Fargo fears, or the agricultural slump worsen, I'd expect Caterpillar's stock to outperform Deere's. Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more.
05128617-8a84-46d7-a34b-bf9bc6309b90
721774.0
2019-08-29 00:00:00 UTC
Deere & Co. Appoints John May As CEO - Quick Facts
DE
https://www.nasdaq.com/articles/deere-co.-appoints-john-may-as-ceo-quick-facts-2019-08-29
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(RTTNews) - Deere & Co. (DE) said Thursday that it has appointed John May as a member of the board, effective immediately, and Chief Executive Officer, effective November 4, 2019. The 50-year-old May has served as the company President and Chief Operating Officer since April 2019. Samuel Allen will continue as chairman of the board of directors after he steps down from the Chief Executive Officer position. John May joined Deere in 1997 and became part of the senior management team in 2012 as President, Agricultural Solutions and Chief Information Officer. Last year, he was named President, Worldwide Agriculture & Turf Division, with responsibility for the Americas and Australia. DE is currently trading at $156.32, up $3.60 or 2.36 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
John May joined Deere in 1997 and became part of the senior management team in 2012 as President, Agricultural Solutions and Chief Information Officer. Last year, he was named President, Worldwide Agriculture & Turf Division, with responsibility for the Americas and Australia. (RTTNews) - Deere & Co. (DE) said Thursday that it has appointed John May as a member of the board, effective immediately, and Chief Executive Officer, effective November 4, 2019.
(RTTNews) - Deere & Co. (DE) said Thursday that it has appointed John May as a member of the board, effective immediately, and Chief Executive Officer, effective November 4, 2019. John May joined Deere in 1997 and became part of the senior management team in 2012 as President, Agricultural Solutions and Chief Information Officer. The 50-year-old May has served as the company President and Chief Operating Officer since April 2019.
(RTTNews) - Deere & Co. (DE) said Thursday that it has appointed John May as a member of the board, effective immediately, and Chief Executive Officer, effective November 4, 2019. John May joined Deere in 1997 and became part of the senior management team in 2012 as President, Agricultural Solutions and Chief Information Officer. The 50-year-old May has served as the company President and Chief Operating Officer since April 2019.
(RTTNews) - Deere & Co. (DE) said Thursday that it has appointed John May as a member of the board, effective immediately, and Chief Executive Officer, effective November 4, 2019. The 50-year-old May has served as the company President and Chief Operating Officer since April 2019. Last year, he was named President, Worldwide Agriculture & Turf Division, with responsibility for the Americas and Australia.
a63b51be-1d2e-459d-9a85-0e05f6412603
721775.0
2019-08-28 00:00:00 UTC
Notable Wednesday Option Activity: TTEC, DE, TECD
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https://www.nasdaq.com/articles/notable-wednesday-option-activity%3A-ttec-de-tecd-2019-08-28
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in TTEC Holdings Inc (Symbol: TTEC), where a total volume of 500 contracts has been traded thus far today, a contract volume which is representative of approximately 50,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51% of TTEC's average daily trading volume over the past month, of 98,030 shares. Especially high volume was seen for the $45 strike call option expiring October 18, 2019, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of TTEC. Below is a chart showing TTEC's trailing twelve month trading history, with the $45 strike highlighted in orange: Deere & Co. (Symbol: DE) options are showing a volume of 11,386 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 50.3% of DE's average daily trading volume over the past month, of 2.3 million shares. Especially high volume was seen for the $170 strike call option expiring September 20, 2019, with 4,994 contracts trading so far today, representing approximately 499,400 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Tech Data Corp. (Symbol: TECD) saw options trading volume of 1,654 contracts, representing approximately 165,400 underlying shares or approximately 50.2% of TECD's average daily trading volume over the past month, of 329,245 shares. Particularly high volume was seen for the $70 strike put option expiring September 20, 2019, with 548 contracts trading so far today, representing approximately 54,800 underlying shares of TECD. Below is a chart showing TECD's trailing twelve month trading history, with the $70 strike highlighted in orange: For the various different available expirations for TTEC options, DE options, or TECD options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $45 strike call option expiring October 18, 2019, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of TTEC. Especially high volume was seen for the $170 strike call option expiring September 20, 2019, with 4,994 contracts trading so far today, representing approximately 499,400 underlying shares of DE. Particularly high volume was seen for the $70 strike put option expiring September 20, 2019, with 548 contracts trading so far today, representing approximately 54,800 underlying shares of TECD.
Below is a chart showing TTEC's trailing twelve month trading history, with the $45 strike highlighted in orange: Deere & Co. (Symbol: DE) options are showing a volume of 11,386 contracts thus far today. Especially high volume was seen for the $170 strike call option expiring September 20, 2019, with 4,994 contracts trading so far today, representing approximately 499,400 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Tech Data Corp. (Symbol: TECD) saw options trading volume of 1,654 contracts, representing approximately 165,400 underlying shares or approximately 50.2% of TECD's average daily trading volume over the past month, of 329,245 shares.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in TTEC Holdings Inc (Symbol: TTEC), where a total volume of 500 contracts has been traded thus far today, a contract volume which is representative of approximately 50,000 underlying shares (given that every 1 contract represents 100 underlying shares). Especially high volume was seen for the $45 strike call option expiring October 18, 2019, with 500 contracts trading so far today, representing approximately 50,000 underlying shares of TTEC. Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Tech Data Corp. (Symbol: TECD) saw options trading volume of 1,654 contracts, representing approximately 165,400 underlying shares or approximately 50.2% of TECD's average daily trading volume over the past month, of 329,245 shares.
Below is a chart showing DE's trailing twelve month trading history, with the $170 strike highlighted in orange: And Tech Data Corp. (Symbol: TECD) saw options trading volume of 1,654 contracts, representing approximately 165,400 underlying shares or approximately 50.2% of TECD's average daily trading volume over the past month, of 329,245 shares. Particularly high volume was seen for the $70 strike put option expiring September 20, 2019, with 548 contracts trading so far today, representing approximately 54,800 underlying shares of TECD. Below is a chart showing TECD's trailing twelve month trading history, with the $70 strike highlighted in orange: For the various different available expirations for TTEC options, DE options, or TECD options, visit StockOptionsChannel.com.
81f439b8-785c-46d8-9054-0428d544c563
721776.0
2019-08-28 00:00:00 UTC
Daily Dividend Report: DE, KBAL, COTY, LZB, LCII
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https://www.nasdaq.com/articles/daily-dividend-report%3A-de-kbal-coty-lzb-lcii-2019-08-28
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The Deere & Company Board of Directors declared a regular quarterly dividend of $0.76 per share on common stock, payable November 8, 2019, to stockholders of record on September 30, 2019. The Board of Directors of Kimball International held a Board meeting during which they declared a quarterly dividend of nine cents per share, a 12.5% increase over the previous quarter dividend, for all outstanding shares of common stock payable October 15, 2019, to shareholders of record on September 25, 2019. The Board of Directors of Coty declared a quarterly cash dividend of $0.125 per common share, payable on September 30, 2019, to shareholders of record on September 9, 2019. This dividend will be considered a taxable dividend. Directors of La-Z-Boy declared a quarterly cash dividend on the company's common stock of $0.13 per share. The dividend is payable September 13, 2019, to shareholders of record as of September 6, 2019. LCI Industries, which, through its wholly-owned subsidiary, Lippert Components, supplies, domestically and internationally, a broad array of engineered components for the leading original equipment manufacturers in the recreation and industrial product markets, and the related aftermarkets of those industries, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.65 per share of common stock. The dividend is payable on September 20, 2019, to stockholders of record at the close of business on September 6, 2019. VIDEO: Daily Dividend Report: DE, KBAL, COTY, LZB, LCII The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Deere & Company Board of Directors declared a regular quarterly dividend of $0.76 per share on common stock, payable November 8, 2019, to stockholders of record on September 30, 2019. The Board of Directors of Kimball International held a Board meeting during which they declared a quarterly dividend of nine cents per share, a 12.5% increase over the previous quarter dividend, for all outstanding shares of common stock payable October 15, 2019, to shareholders of record on September 25, 2019. Directors of La-Z-Boy declared a quarterly cash dividend on the company's common stock of $0.13 per share.
The Deere & Company Board of Directors declared a regular quarterly dividend of $0.76 per share on common stock, payable November 8, 2019, to stockholders of record on September 30, 2019. The Board of Directors of Coty declared a quarterly cash dividend of $0.125 per common share, payable on September 30, 2019, to shareholders of record on September 9, 2019. LCI Industries, which, through its wholly-owned subsidiary, Lippert Components, supplies, domestically and internationally, a broad array of engineered components for the leading original equipment manufacturers in the recreation and industrial product markets, and the related aftermarkets of those industries, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.65 per share of common stock.
The Deere & Company Board of Directors declared a regular quarterly dividend of $0.76 per share on common stock, payable November 8, 2019, to stockholders of record on September 30, 2019. The Board of Directors of Kimball International held a Board meeting during which they declared a quarterly dividend of nine cents per share, a 12.5% increase over the previous quarter dividend, for all outstanding shares of common stock payable October 15, 2019, to shareholders of record on September 25, 2019. The Board of Directors of Coty declared a quarterly cash dividend of $0.125 per common share, payable on September 30, 2019, to shareholders of record on September 9, 2019.
The Deere & Company Board of Directors declared a regular quarterly dividend of $0.76 per share on common stock, payable November 8, 2019, to stockholders of record on September 30, 2019. The Board of Directors of Coty declared a quarterly cash dividend of $0.125 per common share, payable on September 30, 2019, to shareholders of record on September 9, 2019. This dividend will be considered a taxable dividend.
d9288477-c6cf-4d5e-a4a3-de27cab042a8
721777.0
2019-08-26 00:00:00 UTC
10 Companies Using AI to Grow
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https://www.nasdaq.com/articles/10-companies-using-ai-to-grow-2019-08-26
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According to Fortune Business Insights, the global AI (artificial intelligence) market in 2018 was . It’s expected to grow 33% annually between 2019 and 2026 to $203 billion. The companies that are using the technology to grow are the stocks you want to own in the future. These stocks to buy are companies that participate in some of the areas seeing an increase in demand for AI. Areas that include: 5G technology, connected devices, cloud-based services and applications, autonomous driving, machine learning, fintech, etc. The uses of AI are unlimited. The companies that are willing to take risks and lean on this technology are the ones whose stocks will be rewarded. Retailers, providers of customer service, and other customer-facing businesses can benefit from the use of AI. It’s not just for business-to-business. Here are the 10 AI stocks to buy that I see winning the race. AI Stocks to Buy: Amazon (AMZN) Source: mirtmirt / Shutterstock.com If I only could mention one company that’s using AI to rule the world, I would go with Amazon (NASDAQ:) every time. It is always on the leading edge when it comes to figuring out what its customers want and then giving it to them. Fast Company recently discussed Amazon’s machine learning system Rekognition, which it sells to advertising and marketing companies, but it also sells Rekognition to police forces, immigration services, and others looking to keep an eye on the bad guys. The ACLU recently tested the system and found that it was wrong about 20% of the time confusing California state legislators for those who have been arrested in the past and are in a public database. “Amazon is setting us on a path where armed government agents could make split second judgements based on a flawed algorithm’s cold testimony,” Evan Greer, the deputy director of the digital rights advocacy group, Fight for the Future. “Innocent people could be detained, deported, or falsely imprisoned because a computer decided they looked afraid when being questioned by authorities.” This is the downside of AI. However, somehow, I think Jeff Bezos will figure out how to make Rekognition do good rather than evil. Why? It’s better for shareholders. Deere (DE) Source: mark stephens photography / Shutterstock.com Farmers haven’t been doing too well in the last two years. It’s a big reason why Deere & Co. (NYSE:) is only up 4.8%, including dividends, year to date through Aug. 21, about one-quarter the performance of the U.S. total market. On the one hand, the challenge presented to farmers of feeding a world that’s expected to be 10-billion strong by 2050, is an exciting one. However, it’s also a daunting one. After all, there are already food shortages. What’s going to happen when the world’s population hits double digits? Sheer chaos, that’s what. However, starting in 2013, Deere began to plot a vision of the future farm where all the machinery would be autonomously operated with the farmer monitoring everything from his home. Since then, it has evolved to include AI, computer vision, and machine learning. Agriculture is surprisingly well-suited to technology despite its low-tech reputation. “It’s very clear that we need to be on the vanguard of these technologies – there’s a lot of economic upside and profitability as well as sustainability that can be unlocked for farmers through them,” John Stone, SVP of John Deere’s Intelligent Solutions Group, Forbes recently. Deere acquired Silicon Valley-based Blue River in 2017 to up its tech-savviness. Since then, it has been able to take AI to the next level. Ultimately, it hopes to save its customers enough money using AI that they can plow into newer Deere equipment. It’s looking at the big picture. Alphabet (GOOGL) Source: Tero Vesalainen / Shutterstock.com Alphabet’s (NASDAQ:, NASDAQ:GOOG) pedigree as a machine learning and AI company that just happens to sell ads gives it a significant advantage over its peers in the cloud infrastructure game. Google’s search engine was created to manage public information better. Founders Larry Page and Sergey Brin were merely interested in creating algorithms to fine-tune the data. At its core, Google is about data analytics. In 2014, it DeepMind Technologies in the UK, and that pushed it further into AI and machine learning. “Managers at Google Cloud want to use the corporate pedigree, and undisputed AI leadership, to help companies build new business models using data analytics and AI. You can see how that might appeal to large enterprises struggling to stay one step ahead of the next Amazon.com,” Forbes Senior Contributor Jon Markman in May. Although Google Cloud is a distant third in terms of market share, well behind Amazon and Microsoft (NASDAQ:), the moves it’s making around analytics and business models is groundbreaking stuff. It could be the beginning of the end for consultants, accountants, and all the other specialists that help large companies create new businesses. Verint (VRNT) Source: Verint (NASDAQ:) calls itself “The Customer Engagement Company.” It uses AI to help its customers automate certain aspects of their businesses through the use of intelligent virtual assistants (IVA) that can leverage machine learning to understand better the conversations that take place with customers while lowering the cost of providing services to its customers. A big problem is most companies don’t know where to start when it comes to AI services. Recently, Verint created the AI Blueprint System, a patented conversation analytics system that identifies IVA solutions that help accelerate automation. Examples of customer savings from utilizing Verint’s AI Blueprint include one company saving as much as $1 million in customer service emails. Recently, Verint the Contact Center Excellence Award for Workforce Optimization Solution of the Year at the CCW Excellence Awards in Las Vegas. More importantly, four of its customers took home awards, an acknowledgment that it must be doing something right. At the end of July, JPMorgan analyst Paul Coster raised his target price on Verint by four bucks to . He also added it to the company’s Analyst Focus List in the value category calling it “significantly undervalued” compared to its peers. Twilio (TWLO) Source: rafapress / Shutterstock.com Twilio (NYSE:) stock was on a big roll in 2019, hitting $150 in late July, up almost double from where it ended 2018. Since then, it has lost about 15% of its value despite excellent second-quarter earnings. As a result, former General Electric (NYSE:) CEO Jeffrey Immelt, who became a Twilio director June 20, jumped into the market and bought over a million dollars of TWLO stock. Twilio, for those unaware, is a cloud-based communications company whose allows developers to embed voice, messaging, and video directly into software applications. It brings together voice, video, SMS, MMS, and real-time IP communications all under a single platform. Most importantly, it’s all pay-as-you-go. In the second quarter, Twilio’s revenue rose 86% to $275 million with a profit of 3 cents, 200% higher than its year-ago loss of 3 cents. A big part of the company’s growth has to do with its 2018 acquisition of SendGrid for $2 billion. The email API platform improved Twilio’s cloud-computing tools. Two years ago, I the communication platform-as-a-service company’s stock. More than two years later I’m still recommending it. IBM (IBM) Source: JHVEPhoto / Shutterstock.com IBM (NYSE:) created Watson over several years leading up to its famous 2011 “Jeopardy!” showdown with past champions Brad Rutter and Ken Jennings. However, it was Watson’s victory over the two record-setting champions that put the supercomputer on the map. That same year, Watson was made into its very own business unit. Today, Watson’s AI capabilities are helping more than across 20 industries make better decisions. It has got its detractors for sure, but according to IDC, Watson is number one in AI market share. I’ve never been a fan of CEO Ginni Rometty. I don’t think she has the tech chops to regain Big Blue’s luster. However, there’s no question Watson keeps IBM competitive in AI. Case in point: Regions Bank, part of Regions Financial (NYSE:), is using Watson to improve its overall customer experience at its contact centers. “IBM Watson’s automated intelligence is an important tool that allows us to operate more effectively by understanding customer needs. We are identifying additional use cases for this technology as part of our focus on continuous improvement across the company,” Regions Bank head of operations Chris Brasher in June. At Rensselaer Polytechnic Institute in Troy, New York, Watson is being used to help students learn in a more immersive, real-life experience. Watson might be considered a disappointment to some investors, but its potential in the field of AI is still quite significant. I wouldn’t overlook it. Stitch Fix (SFIX) Source: Sharaf Maksumov / Shutterstock.com They say imitation is the highest form of flattery. If that’s the case, the fact that Amazon, the world’s most successful e-commerce company, has created Personal Shopper by Prime Wardrobe, a personal shopping service for Prime members willing to pay $4.99 a month to receive a curated group of products based on their profile. in late July, Personal Shopper is Amazon’s attempt to match Stitch Fix (NASDAQ:SFIX), the San Francisco-based company that’s using AI and machine learning to deliver a first-rate online shopping experience. While Amazon wants to sell you everything you have in your household, Stitch Fix wants to save busy women and men time and money by providing them with clothing that fits their personality and style. Stitch Fix is on track to generate $1.6 billion in annual revenue. My InvestorPlace colleague Dana Blankenhorn the following about Stitch Fix in June: “At the company’s present run rate of about $1.6 billion in fiscal 2019 revenue, the $2.3 billion market cap gives it a price-to-sales ratio of just 1.5. That’s high for a retailer but very low for a technology company.” The reality is that Stitch Fix is using AI like no one else in retail. The fact that Amazon is trying to emulate its business says all you need to know about SFIX stock. It’s a buy. Aptiv (APTV) Source: Shutterstock Aptiv (NYSE:) is a global technology company that provides automotive components to all 25 of the largest automotive original equipment manufacturers in the world from 126 manufacturing facilities in 44 countries. In the world of AI, Aptiv is using machine learning to perfect the sensors required to operate an autonomous vehicle. However, it’s also using sensors in regular vehicles as a way to better understand how drivers are getting distracted so that the vehicles become safer to drive. The company’s active safety unit is expected to double its sales by 2022 to . Aptiv first started investing in automotive safety technology 20 years ago when there wasn’t a lot of business available. Today, Aptiv’s active safety revenues are growing by more than 60% a year. In addition to active safety, Aptiv is on two other major trends in the automotive industry: electrification and vehicle connectivity. By utilizing AI and machine learning in all three segments of its business, the future appears to be bright. Yext (YEXT) Source: Yext (NASDAQ:) is a leader in digital knowledge management (DKM). What is DKM? It is a relatively new category of search that’s all about companies controlling their public-facing facts about themselves. Yext’s cloud-based platform allows companies of all sizes to control the facts about their brand, improving the customer experience by ensuring customers get the right facts about the brand. Since 2015, Yext’s experienced quarterly growth of 38%. Customers include Volvo, Allstate (NYSE:), Dairy Queen, and many more. The company’s gross margins are currently 75%. It’s comfortable with gross margins in the mid-70s. In the company’s first quarter, it grew revenues by 35% to $68.7 million with a 76.0% gross margin, 110 basis points higher than in the same quarter a year earlier. However, it doesn’t currently make money. In the first quarter, its non-GAAP loss was $5.7 million, 37% lower than a year earlier. It has no long-term debt and $284.1 million in cash and marketable securities. It expects revenues in fiscal 2020 of at least $297 million with a non-GAAP loss of $0.42. Yext takes intelligent search to the next level. I wouldn’t bet the farm on this AI stock, but if you can afford to use a little play money, I could see this turning out to be a winning bet. Microsoft (MSFT) Source: gguy / Shutterstock.com On Aug. 19, surfaced that Bill Stasior, the former head of Siri, left Apple (NASDAQ:AAPL) in May after almost a decade to join Microsoft’s AI division. It seems that Microsoft’s AI division is searching for direction; Stasior will be leading up one of its AI groups. Recently, Microsoft invested $1 billion in OpenAI. The company plans to work with OpenAI to develop AI technologies. “Microsoft and OpenAI will jointly build new Azure AI supercomputing technologies. OpenAI will port its services to run on Microsoft Azure, which it will use to create new AI technologies and deliver on the promise of artificial general intelligence. Microsoft will become OpenAI’s preferred partner for commercializing new AI technologies,” the July 22 blog post from Microsoft. Given what Satya Nadella has been able to pull off in the cloud, I wouldn’t bet against Microsoft gaining some ground on its peers when it comes to artificial intelligence and machine learning. As my InvestorPlace colleague recently , Microsoft is a no-brainer buy. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
“Amazon is setting us on a path where armed government agents could make split second judgements based on a flawed algorithm’s cold testimony,” Evan Greer, the deputy director of the digital rights advocacy group, Fight for the Future. in late July, Personal Shopper is Amazon’s attempt to match Stitch Fix (NASDAQ:SFIX), the San Francisco-based company that’s using AI and machine learning to deliver a first-rate online shopping experience. These stocks to buy are companies that participate in some of the areas seeing an increase in demand for AI.
Areas that include: 5G technology, connected devices, cloud-based services and applications, autonomous driving, machine learning, fintech, etc. Recently, Verint created the AI Blueprint System, a patented conversation analytics system that identifies IVA solutions that help accelerate automation. Examples of customer savings from utilizing Verint’s AI Blueprint include one company saving as much as $1 million in customer service emails.
“Managers at Google Cloud want to use the corporate pedigree, and undisputed AI leadership, to help companies build new business models using data analytics and AI. Verint (VRNT) Source: Verint (NASDAQ:) calls itself “The Customer Engagement Company.” It uses AI to help its customers automate certain aspects of their businesses through the use of intelligent virtual assistants (IVA) that can leverage machine learning to understand better the conversations that take place with customers while lowering the cost of providing services to its customers. These stocks to buy are companies that participate in some of the areas seeing an increase in demand for AI.
Examples of customer savings from utilizing Verint’s AI Blueprint include one company saving as much as $1 million in customer service emails. Twilio (TWLO) Source: rafapress / Shutterstock.com Twilio (NYSE:) stock was on a big roll in 2019, hitting $150 in late July, up almost double from where it ended 2018. These stocks to buy are companies that participate in some of the areas seeing an increase in demand for AI.
2ad49611-f9d5-4768-9f46-fd8f95ef5334
721778.0
2019-08-26 00:00:00 UTC
3 Casualties of China's New Tariffs
DE
https://www.nasdaq.com/articles/3-casualties-of-chinas-new-tariffs-2019-08-26
nan
nan
T he US-China trade tensions have taken a few twists and turns in recent days. On Friday, China announced new tariffs on $75 billion worth of imported American goods, and a resumption of the 5% tariff on automotive parts. The new tariffs, to set between 5% and 10% and come into effect in steps on September 1 and December 15, include levies on electronics and machinery. President Trump responded in his customary fashion, by Tweet, saying in part, “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” He added that the trade situation represents an opportunity for the US. Investors don’t seem to agree. Markets reacted to China’s and Trump’s announcements by plunging. Both the S&P 500 and Dow Jones averages fell 2.4% in Friday’s trading, and the tech-heavy Nasdaq slipped 3%. The losses were widespread, and not confined to any one sector of the market. Major companies with large exposure to the China trade were especially hard-hit. Here we take a look at three of those casualties. Apple, Inc. (AAPL) The world’s second largest publicly traded company lost 4.62% in the Friday market rout, falling over $9.80 per share. That Apple would prove particularly sensitive to shifts in the trade war is no surprise; the Chinese market is Apple’s second largest, accounting for more than 18% of the company’s total revenues. The tit-for-tat tariff actions taken by the US and China have threatened the trade in electronics – and Apple’s supply chain. In response, the company is considering a drastic measure: the shift of 15% to 30% of its production from China to other areas of Southeast Asia. That Apple would consider such a drastic move underlines the risks of the trade war for the high-tech sector. Pointing out that nearly all of Apple’s flagship product line, the iPhone, is assembled in China, 4-star analyst Daniel Ives, from Wedbush, described Friday’s trade-war ramp-up as “a gut punch to Cupertino.” Even with that, however, Ives still sees Apple as a stock worth buying, and his $245 price target on AAPL shares suggest an upside of 20%. Despite the beating it took on Friday, AAPL retains its Moderate Buy rating from the analyst consensus. The stock has received 16 buys, 10 holds, and 1 sell in the past three months, with 6 of those buy ratings coming in just the last three weeks. Apple stock is trading for $202, and the average price target o $226 gives it an 11% upside potential. Caterpillar, Inc. (CAT) Caterpillar was hurting before this latest iteration of the trade conflict. The company is a major manufacturer and supplier of heavy construction and excavation equipment, with customers around the world. The general slowdown in the global economy has been eating into Cat’s sales, including in China, and the escalation in the tariff fight has made a difficult situation worse. The deterioration of Caterpillar’s position is made clear by the company’s losses in Friday’s trading: CAT stock fell 3.25%. The Friday losses come after CAT slipped more than 12% in August, following a 10.25% EPS reported for the second quarter. Cat hasn’t got an easy way out of its difficulties, either. According to 4-star analyst Jerry Revich, of Goldman Sachs, the construction industry is seeing rising inventories of trucks and construction machines; he predicts that there will have to be production cuts on the manufacturing end next year. In line with that, he gives CAT a Hold rating and a $130 price target. Stephens analyst Ashish Gupta agrees, saying, “For Caterpillar, excess dealer inventory means lower reported sales in coming quarters.” He goes on to add that, “The U.S. China trade war and Chinese impact on global commodity markets are reasons to avoid the stock right now. China accounts for a huge portion of global metals and energy consumption. A slowing Chinese economy has large ripple effects for the entire resource industry—a key consumer of Caterpillar products.” Ashish rates CAT as a Sell, with a low $100 price target. CAT is the lowest rated of the stocks in this list, with a Hold from the analyst consensus. The consensus rating is based on 7 buys, 5 holds, and 4 sells set in the past three months. The stocks’ share price of $114 and average price target of $136 still give it an upside potential of 19%. Deere & Company (DE) Like Caterpillar, Deere is a major manufacturer of heavy machinery; in this case, farm and agricultural equipment. And also like Caterpillar, Deere has been suffering as worldwide economic conditions have slowed down. And in a final similarity, Deere reported disappointing EPS in its most recent quarter, missing the forecast by 3.32%. China’s largest import from the US is agricultural products, especially soybeans. As the Chinese government cracks down on trade, with retaliatory measures, US farmers are watching their prospects for a profitable year go up in smoke. And that leads them to cut back on sales and maintenance of their heavy equipment, dealing a double punch to Deere in its domestic market. At the same time, the company is facing direct headwinds from the new Chinese tariffs. Rising factory production costs and bad weather, which would have been news stories in a normal year, have simply dealt additional blows to an already vulnerable company. At the same time, even with this perfect storm working against it, DE shares are getting upbeat reviews from Wall Street’s analysts. Writing from Credit Suisse, 4-star analyst Jamie Cook says of the quarterly report, “…expectations were sufficiently low heading into the print reflecting macro/trade war uncertainty, commodity prices and unfavorable weather which delayed planting,” and reiterates his belief that the company will beat the headwinds in the long run. He raises his price target on Deere to $197 (up 12%), suggesting an upside of 34%. From BMO Capital, Joel Tiss acknowledges slowing North American sales and a flat early-order program, but points out, “…the overall sales value was higher because of better take rates of innovative technologies and bigger machines.” Like Cook, Tiss gives Deere a Buy rating. His $175 implies a 19% upside potential. Deere is another stock with a Moderate Buy from the analyst consensus, this one based on 9 buys and 4 holds. The stock is selling for $147, has a $167 average price target, and an upside potential of 14%. Visit TipRanks’ Analysts’ Top Stocks tool, and find out which stocks are trending now Wall Street’s top market watchers. Disclosure: This author is long on AAPL. By Michael Marcus for TipRanks The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Stephens analyst Ashish Gupta agrees, saying, “For Caterpillar, excess dealer inventory means lower reported sales in coming quarters.” He goes on to add that, “The U.S. China trade war and Chinese impact on global commodity markets are reasons to avoid the stock right now. Writing from Credit Suisse, 4-star analyst Jamie Cook says of the quarterly report, “…expectations were sufficiently low heading into the print reflecting macro/trade war uncertainty, commodity prices and unfavorable weather which delayed planting,” and reiterates his belief that the company will beat the headwinds in the long run. he US-China trade tensions have taken a few twists and turns in recent days.
Pointing out that nearly all of Apple’s flagship product line, the iPhone, is assembled in China, 4-star analyst Daniel Ives, from Wedbush, described Friday’s trade-war ramp-up as “a gut punch to Cupertino.” Even with that, however, Ives still sees Apple as a stock worth buying, and his $245 price target on AAPL shares suggest an upside of 20%. Deere & Company (DE) Like Caterpillar, Deere is a major manufacturer of heavy machinery; in this case, farm and agricultural equipment. he US-China trade tensions have taken a few twists and turns in recent days.
Pointing out that nearly all of Apple’s flagship product line, the iPhone, is assembled in China, 4-star analyst Daniel Ives, from Wedbush, described Friday’s trade-war ramp-up as “a gut punch to Cupertino.” Even with that, however, Ives still sees Apple as a stock worth buying, and his $245 price target on AAPL shares suggest an upside of 20%. The deterioration of Caterpillar’s position is made clear by the company’s losses in Friday’s trading: CAT stock fell 3.25%. Stephens analyst Ashish Gupta agrees, saying, “For Caterpillar, excess dealer inventory means lower reported sales in coming quarters.” He goes on to add that, “The U.S. China trade war and Chinese impact on global commodity markets are reasons to avoid the stock right now.
Apple stock is trading for $202, and the average price target o $226 gives it an 11% upside potential. Deere & Company (DE) Like Caterpillar, Deere is a major manufacturer of heavy machinery; in this case, farm and agricultural equipment. he US-China trade tensions have taken a few twists and turns in recent days.
6723cac3-ff28-4974-8b74-1b1bcdd77235
721779.0
2019-08-26 00:00:00 UTC
Is It a Good Time to Buy Deere Again?
DE
https://www.nasdaq.com/articles/is-it-a-good-time-to-buy-deere-again-2019-08-26
nan
nan
Investors might have mixed feelings about the events surrounding Deere & Company (NYSE: DE) in 2019. On the one hand, the agricultural equipment machinery maker has had to progressively lower its full-year earnings guidance through 2019. On the other hand, many of the issues (which could turn out to be near-term ones) are due to a confluence of events beyond Deere's control. Meanwhile, the company has demonstrated good progress in improving its long-term growth prospects. Given that, is now a good time to be buying Deere stock? Let's take a closer look. A Deere tractor in the middle of Dresden. Image source: Author. Why 2019 was shaping up to be a great year It's never good news when a company cuts guidance, and as you can see below, Deere's management has already cut its full-year 2019 guidance twice this fiscal year. As a reminder, Deere's fiscal year ends in October, so the guidance given recently in August was on its third-quarter 2019earnings call Data source: Deere presentations. Year-over-year growth. It's all the more disappointing because this was supposed to be the year when Deere started accelerating the growth of its large agricultural equipment sales in the U.S. again and built on the recovery in revenue and net income that started in 2016. DE Net Income (TTM) data by YCharts In a nutshell, Deere's end demand improved thanks to a combination of a replacement cycle kicking in and the development of its precision agriculture offerings -- solutions that make Deere an underestimated play on the Internet of Things (IoT). Moreover, these growth drivers don't include the possibility of crop prices improving following a difficult period since 2013, characterized by extremely favorable growing conditions. It's important to note that, in the confusing world of agriculture stocks, bad weather usually means lower harvests, which usually leads to crop prices rising. Farmers are then induced to plant more crops and spend more on agricultural machinery from Deere-- more on this point later. US Corn Farm Price Received data by YCharts What went wrong for Deere in 2019 Unfortunately, the optimism around the stock going into the spring led to disappointment in May as few events came together to impact Deere's near-term outlook. Speaking on the recent third-quarterearnings call CFO Ryan Campbell identified three issues: "Unfortunately, North American customer sentiment has since deteriorated, not only due to uncertainty over market access but also due to weather and the demand impact of African swine fever." Let's unpack these in turn. By "market access", he's almost certainly talking about the impact of trade tensions -- specifically the export market for U.S. crops like soybeans in the wake of China's imposition of tariffs. However, there's a strong case for arguing that tariff fears are overblown. After all, if China is buying more crop from, say, Brazil, then U.S. farmers can sell to the countries that Brazil might have sold to. Indeed, the United States Department of Agriculture (USDA) reports that the spread between the soybean export prices of the U.S. and Brazil has now closed after blowing up to a 30% premium for Brazil last summer -- that's a sign that U.S farmers are able to sell into new markets. The weather issue is somewhat nuanced. Poor weather will obviously hurt Deere's near-term outlook, but if it leads to a lower harvest and ultimately higher crop prices it could actually be good news for future equipment sales. Indeed, this is probably the reason why the stock rallied in the summer, only for some negative sentiment to return after a USDA world agricultural supply and demand estimates (WASDE) report came out that was more bullish for the U.S. wheat and corn harvest. See what I meant about the confusing world of agriculture stocks? The third issue, African swine fever in China, is more serious. China's pig herd has fallen by a third -- meaning a decline in demand for soybean meal -- and scientists are frantically trying to create a vaccine. What should investors make of it The weather is extremely hard to predict, and making microscopic adjustments to buying and selling stock on the back of one season's weather or a USDA report doesn't seem like a winning strategy. In addition, fears over the impact on the trade war on Deere are probably overdone, and history suggests the outbreak of Africa swine fever will eventually be contained. That said, investors wanting to buy the stock to take advantage of the company's long-term growth prospects -- not least from its IoT technology -- will have to be willing to ride out the near-term threats to Deere's earnings from the three issues identified. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Poor weather will obviously hurt Deere's near-term outlook, but if it leads to a lower harvest and ultimately higher crop prices it could actually be good news for future equipment sales. Indeed, this is probably the reason why the stock rallied in the summer, only for some negative sentiment to return after a USDA world agricultural supply and demand estimates (WASDE) report came out that was more bullish for the U.S. wheat and corn harvest. That said, investors wanting to buy the stock to take advantage of the company's long-term growth prospects -- not least from its IoT technology -- will have to be willing to ride out the near-term threats to Deere's earnings from the three issues identified.
DE Net Income (TTM) data by YCharts In a nutshell, Deere's end demand improved thanks to a combination of a replacement cycle kicking in and the development of its precision agriculture offerings -- solutions that make Deere an underestimated play on the Internet of Things (IoT). Speaking on the recent third-quarterearnings call CFO Ryan Campbell identified three issues: "Unfortunately, North American customer sentiment has since deteriorated, not only due to uncertainty over market access but also due to weather and the demand impact of African swine fever." Investors might have mixed feelings about the events surrounding Deere & Company (NYSE: DE) in 2019.
DE Net Income (TTM) data by YCharts In a nutshell, Deere's end demand improved thanks to a combination of a replacement cycle kicking in and the development of its precision agriculture offerings -- solutions that make Deere an underestimated play on the Internet of Things (IoT). US Corn Farm Price Received data by YCharts What went wrong for Deere in 2019 Unfortunately, the optimism around the stock going into the spring led to disappointment in May as few events came together to impact Deere's near-term outlook. That said, investors wanting to buy the stock to take advantage of the company's long-term growth prospects -- not least from its IoT technology -- will have to be willing to ride out the near-term threats to Deere's earnings from the three issues identified.
On the other hand, many of the issues (which could turn out to be near-term ones) are due to a confluence of events beyond Deere's control. Meanwhile, the company has demonstrated good progress in improving its long-term growth prospects. Investors might have mixed feelings about the events surrounding Deere & Company (NYSE: DE) in 2019.
8932a2f5-bda0-4917-8f56-f831146b9150
721780.0
2019-08-12 00:00:00 UTC
5 Top Stock Trades for Tuesday: ROKU, PINS, NFLX, MCD
DE
https://www.nasdaq.com/articles/5-top-stock-trades-for-tuesday%3A-roku-pins-nflx-mcd-2019-08-12
nan
nan
It was a tough day on Wall Street, with investors hitting the exits on trade worries, concerns over Hong Kong, and as bond prices again rally. The markets are often volatile in August, and 2019 is proving to be no exception. Here are a few top stock trades to watch. Top Stock Trades for Tomorrow No. 1: Roku At one point, Roku (NASDAQ:) stock was up 8% on Monday. The move adds to Roku’s three-day gain, with shares up more than 30% since reporting earnings last week. Monday’s move was inspired by the analysts at Nomura, who upped their price target to $150 per share. Despite the big move, shares are hardly overbought — at least technically speaking via the RSI indicator (blue circle). A move into the upper $130s or lower $140s is still possible, with a Fibonacci extension near the latter. If the overall selling pressure in the market is too great, though, Roku may not be immune. In that case, see if prior short-term channel resistance (black line) can act as support on a pullback. Top Stock Trades for Tomorrow No. 2: Pinterest Pinterest (NYSE:) outperformed the market on Monday, but did so in a very strange way. In midday trading, shares suddenly spiked higher, surging to $36 before retreating and giving up almost all of its 6% intraday gain. $34 remains a tough level for the stock, even after its strong earnings report last week. That said, it continues to hold $32 and its 8-day moving average. However, like other stocks, support may give way should overall market selling pressure pick up. Keep an eye on $32 support, and $31.50 just below that. Breakout traders may consider going long PINS on a close over $34. Top Stock Trades for Tomorrow No. 3: Netflix Netflix (NASDAQ:) stock held up okay on Monday, but its chart still looks concerning. Below, the $305 to $310 level is a concern. It will put the August lows near $297 on the table. A close below that opens up NFLX to a decline down the $270 to $275 area. On a rally, see if NFLX stock can reclaim its 20-day moving average. If it can, its 200-day is the next upside target. Top Stock Trades for Tomorrow No. 4: Deere Deere (NYSE:) stock is looking ugly. Shares rallied into former support at $155 as well as its 200-day moving average before tumbling more than 4% on Monday. The company reports earnings on Friday, adding more volatility into the stock. At this point, DE stock either needs to reclaim the $155/200-day moving average area or pull back to range support near $135. Top Stock Trades for Tomorrow No. 5: McDonald’s McDonald’s (NYSE:) stock may be a flight-to-safety name, but shares are under pressure on a day where the stock market is in decline as well. The selling pressure comes as shares run into channel resistance. Now I’m looking for a test of channel support. That would put MCD in play somewhere near $213. As much as I’d hate to see MCD break channel support, a dip to $210 and the 50-day moving average would also be attractive. Bret Kenwell is the manager and author of and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU and PINS. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Top Stock Trades for Tomorrow No. It was a tough day on Wall Street, with investors hitting the exits on trade worries, concerns over Hong Kong, and as bond prices again rally. In midday trading, shares suddenly spiked higher, surging to $36 before retreating and giving up almost all of its 6% intraday gain.
Top Stock Trades for Tomorrow No. 4: Deere Deere (NYSE:) stock is looking ugly. It was a tough day on Wall Street, with investors hitting the exits on trade worries, concerns over Hong Kong, and as bond prices again rally.
Top Stock Trades for Tomorrow No. At this point, DE stock either needs to reclaim the $155/200-day moving average area or pull back to range support near $135. 5: McDonald’s McDonald’s (NYSE:) stock may be a flight-to-safety name, but shares are under pressure on a day where the stock market is in decline as well.
Top Stock Trades for Tomorrow No. 5: McDonald’s McDonald’s (NYSE:) stock may be a flight-to-safety name, but shares are under pressure on a day where the stock market is in decline as well. It was a tough day on Wall Street, with investors hitting the exits on trade worries, concerns over Hong Kong, and as bond prices again rally.
10796ab4-1e55-4f10-91f9-67ee76d9acb1
721781.0
2019-08-07 00:00:00 UTC
Analysts Expect SCIU Will Reach $36
DE
https://www.nasdaq.com/articles/analysts-expect-sciu-will-reach-%2436-2019-08-07
nan
nan
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Scientific Beta US ETF (Symbol: SCIU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $35.52 per unit. With SCIU trading at a recent price near $32.34 per unit, that means that analysts see 9.82% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of SCIU's underlying holdings with notable upside to their analyst target prices are Mattel Inc (Symbol: MAT), Deere & Co. (Symbol: DE), and DENTSPLY SIRONA Inc (Symbol: XRAY). Although MAT has traded at a recent price of $12.89/share, the average analyst target is 12.49% higher at $14.50/share. Similarly, DE has 11.65% upside from the recent share price of $152.78 if the average analyst target price of $170.58/share is reached, and analysts on average are expecting XRAY to reach a target price of $57.60/share, which is 11.58% above the recent price of $51.62. Below is a twelve month price history chart comparing the stock performance of MAT, DE, and XRAY: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Although MAT has traded at a recent price of $12.89/share, the average analyst target is 12.49% higher at $14.50/share. Below is a twelve month price history chart comparing the stock performance of MAT, DE, and XRAY: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments?
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. Three of SCIU's underlying holdings with notable upside to their analyst target prices are Mattel Inc (Symbol: MAT), Deere & Co. (Symbol: DE), and DENTSPLY SIRONA Inc (Symbol: XRAY). Similarly, DE has 11.65% upside from the recent share price of $152.78 if the average analyst target price of $170.58/share is reached, and analysts on average are expecting XRAY to reach a target price of $57.60/share, which is 11.58% above the recent price of $51.62.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. Similarly, DE has 11.65% upside from the recent share price of $152.78 if the average analyst target price of $170.58/share is reached, and analysts on average are expecting XRAY to reach a target price of $57.60/share, which is 11.58% above the recent price of $51.62. Below is a twelve month price history chart comparing the stock performance of MAT, DE, and XRAY: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
For the Scientific Beta US ETF (Symbol: SCIU), we found that the implied analyst target price for the ETF based upon its underlying holdings is $35.52 per unit. With SCIU trading at a recent price near $32.34 per unit, that means that analysts see 9.82% upside for this ETF looking through to the average analyst targets of the underlying holdings. Although MAT has traded at a recent price of $12.89/share, the average analyst target is 12.49% higher at $14.50/share.
7846193b-5bee-4e73-8aa6-683ed02f0b40
721782.0
2019-08-05 00:00:00 UTC
Deere & Co. Enters Oversold Territory
DE
https://www.nasdaq.com/articles/deere-co.-enters-oversold-territory-2019-08-05
nan
nan
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Deere & Co. (Symbol: DE) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Deere & Co. an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of DE entered into oversold territory, changing hands as low as $147.71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Deere & Co., the RSI reading has hit 28.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 39.1. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, DE's recent annualized dividend of 3.04/share (currently paid in quarterly installments) works out to an annual yield of 1.92% based upon the recent $158.70 share price. A bullish investor could look at DE's 28.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DE is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. Click here to find out what 9 other oversold dividend stocks you need to know about » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. A bullish investor could look at DE's 28.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. In the case of Deere & Co., the RSI reading has hit 28.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 39.1. Indeed, DE's recent annualized dividend of 3.04/share (currently paid in quarterly installments) works out to an annual yield of 1.92% based upon the recent $158.70 share price.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. In the case of Deere & Co., the RSI reading has hit 28.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 39.1. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DE is its dividend history.
A stock is considered to be oversold if the RSI reading falls below 30. In the case of Deere & Co., the RSI reading has hit 28.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 39.1. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DE is its dividend history.
e3fad8cd-9074-44f0-bb71-672903c82182
721783.0
2019-07-30 00:00:00 UTC
Why Did Caterpillar Stock Rise 2X in 3 Years?
DE
https://www.nasdaq.com/articles/why-did-caterpillar-stock-rise-2x-in-3-years-2019-07-30
nan
nan
Caterpillar (NYSE:CAT) is the world’s leading manufacturer of construction and mining equipment, diesel and natural-gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar’s stock more than doubled in value over the last couple of years thanks to a combination of improved margins, upbeat global sentiment and strong revenue growth. Moreover, increasing metal prices and energy prices have aided the demand for the company’s products. This has helped Caterpillar’s valuation increase from under $60 per share in early 2016 to around $135 now. Trefis highlights the reasons for Caterpillar’s Share Price Increase over recent years in an interactive dashboard along with out forecast for full-year 2019. You can modify any of our key drivers to gauge the impact of changes on the company. Additionally, you can see all Trefis Industrial Data here How Has Caterpillar’s Stock Performed Compared To Major Price Indices Over Recent Years? Caterpillar’s stock price has increased from $62 at the beginning of 2016 to around $135 now. This translates to a growth of roughly 120%. Caterpillar has comfortably outperformed major indices such as S&P 500 and Dow Jones Industrial Average. Over the same period, Dow Jones Industrial Average grew by 65% while S&P 500 could manage a growth of roughly 50%. Why Has Caterpillar’s Stock Outperformed? Reason #1: Caterpillar’s Operating Metrics Have Improved Considerably Since 2016 Caterpillar Has Witnessed Strong Revenue Growth Post 2016 After plunging 18% in 2016, Caterpillar’s revenues jumped by more than $16 billion over the next 2 years at an average annual rate of 19%. Construction industry has been the largest growth driver, adding $7.5 billion to total revenues – contributing roughly 46% to the total revenue growth. However, Resource segment has been the company’s fastest growing segment over the recent years, adding more than $4 billion in revenues since 2016 thanks to higher equipment demand, favorable price utilization and increased services. Strong revenue growth, lower tax rate has boosted the company’s bottom line Caterpillar’s operating profit has gone up 7x since 2016, jumping from $1.16 billion in 2016 to more than $8.2 billion in 2018 Moreover, the company swung from net loss of $700 million in 2016 to a net profit exceeding $7.8 billion in 2018. This growth can be primarily attributed to increased construction revenues in Asia (particularly China) and a reduction in tax rate. This has helped Caterpillar’s net margin increase from -0.2% in 2016 to more than 11% in 2018 Reason #2: Caterpillar’s Stock Price Is Highly Correlated To Metal & Oil Prices Metal prices have gone up 40% over the last couple of years – increasing from $56 in 2016 to more than $78 as of June 2019. An increase in metal prices have led to an increase in mining activities globally, in turn boosting the demand for Caterpillar’s mining- and quarry-related products. We believe that there is a positive correlation of 90% between the commodity metal prices and Caterpillar stock prices. An increase in the metal prices provides a boost to the company’s resource industries revenues, thus helping the stock price movement. Additionally, energy prices have gone up by 53% over the last couple of years- increasing from $48 in 2016 to more than $73 as of June 2019. Higher energy prices coupled with strong demand for power generating products has led to a higher demand for Caterpillar’s energy product and related parts. We calculate a positive correlation of 80% between energy prices and Caterpillar stock prices. An increase in energy prices provides a boost to the company’s energy industries revenues, thus supporting the stock price movement Conclusion: Despite The Strong Rally Over Recent Years, Caterpillar’s Stock Offer A Sizable Upside Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment will aid Caterpillar’s growth over the foreseeable future. This should support the stock price movement in the near term Moreover, the proposed infrastructure legislation in the U.S., if implemented, could further provide a boost to CAT’s margins and revenues We value the company at about 13x projected FY’19 EPS – similar to its current trading multiple of 13x, but higher than the industry-average trading multiple of 11.5x. Based on our forecast, Caterpillar’s adjusted EPS for fiscal 2019 is likely to be around $11.88. Using this figure with our estimated P/E ratio of 13x, this works out to a price estimate of $153 for Caterpillar’s stock, which is roughly 10% ahead of the current market price. What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams All Trefis Data Like our charts? Explore example interactive dashboards and create your own. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Moreover, increasing metal prices and energy prices have aided the demand for the company’s products. This has helped Caterpillar’s valuation increase from under $60 per share in early 2016 to around $135 now. Reason #1: Caterpillar’s Operating Metrics Have Improved Considerably Since 2016 Caterpillar Has Witnessed Strong Revenue Growth Post 2016 After plunging 18% in 2016, Caterpillar’s revenues jumped by more than $16 billion over the next 2 years at an average annual rate of 19%.
Higher energy prices coupled with strong demand for power generating products has led to a higher demand for Caterpillar’s energy product and related parts. An increase in energy prices provides a boost to the company’s energy industries revenues, thus supporting the stock price movement Conclusion: Despite The Strong Rally Over Recent Years, Caterpillar’s Stock Offer A Sizable Upside Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment will aid Caterpillar’s growth over the foreseeable future. Moreover, increasing metal prices and energy prices have aided the demand for the company’s products.
Reason #1: Caterpillar’s Operating Metrics Have Improved Considerably Since 2016 Caterpillar Has Witnessed Strong Revenue Growth Post 2016 After plunging 18% in 2016, Caterpillar’s revenues jumped by more than $16 billion over the next 2 years at an average annual rate of 19%. An increase in energy prices provides a boost to the company’s energy industries revenues, thus supporting the stock price movement Conclusion: Despite The Strong Rally Over Recent Years, Caterpillar’s Stock Offer A Sizable Upside Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment will aid Caterpillar’s growth over the foreseeable future. Moreover, increasing metal prices and energy prices have aided the demand for the company’s products.
An increase in energy prices provides a boost to the company’s energy industries revenues, thus supporting the stock price movement Conclusion: Despite The Strong Rally Over Recent Years, Caterpillar’s Stock Offer A Sizable Upside Strong commodity market fundamentals, robust demand from the Asia-Pacific region, higher demand levels for non-residential construction activities and increased demand for heavy construction, quarry and aggregate equipment will aid Caterpillar’s growth over the foreseeable future. Moreover, increasing metal prices and energy prices have aided the demand for the company’s products. This has helped Caterpillar’s valuation increase from under $60 per share in early 2016 to around $135 now.
85b23f0a-791d-48b9-8b8d-2ff805674d35
721784.0
2019-07-25 00:00:00 UTC
4 Blue-Chip Stocks Under Pressure on Earnings
DE
https://www.nasdaq.com/articles/4-blue-chip-stocks-under-pressure-on-earnings-2019-07-25
nan
nan
We are in the heart of the first-quarter earnings season, with results coming in hot and heavy. After solid numbers from the early reporters — primarily in the technology and financial sectors — we are starting to get statements from the industrials and other manufacturing names. And boy, the results aren’t pretty, as many of the macroeconomic headwinds, including a global slowdown in manufacturing activity, hit these issues square in the jaw. Blue-chip stocks are not immune from the damage. Remember, expectations of rate cuts from the Federal Reserve are predicated on uneven economic growth. That is tied in large part to the trade tensions between the United States and China. And that is having a real impact on the bottom line of many of the largest companies listed on U.S. exchanges. Here are four blue-chip stocks suffering declines: Blue-Chip Stocks: Caterpillar (CAT) Caterpillar (NYSE:) shares are down hard, losing nearly 5% on Wednesday, testing below their 200-day and 50-day moving averages. This sets the stage for a possible drop back to the lows set in late May, which would be worth a loss of roughly 10% from here and would extend a long, slow downtrend pattern that’s been in play since January 2018. The company reported earnings of $2.83 per share, missing estimates by 28 cents per share on a 3% rise in revenues. Management lowered forward guidance as well, looking for modest sales growth as trade tensions with China continue. Dealer inventories have also been a drag. Boeing (BA) Boeing (NYSE:) shares fell more than 3% on Wednesday to drop back below their 200-day moving average after topping near $380 on resistance going back to March. The company reported a large miss and announced a delay to its 777X program, adding to its woes on the 737 MAX program. The non-GAAP loss totaled $5.82 per share on a 35.1% drop in revenues. Management has continued to suspend full-year guidance. What really tripped the stock up, however, was word the MAX grounding would impact cash flow beyond 2019. Watch for a decline back to the December low, which would be worth a loss of nearly 20% from here. Tesla (TSLA) Tesla (NASDAQ:) shares are down more than 13% today after reporting disappointing numbers. A loss of $1.12 per share was 76 cents worse than expected despite a 58.7% rise in revenues. Gross margins fell 1.3% to 18.9%. While capex spending plans were reduced slightly, the company remains on track for the start of production on the Model Y and the opening of the Shanghai Gigafactory. What’s troubling is that despite the company’s aggressive growth efforts, its push downmarket hasn’t quelled its cash burn rate or bolstered its profitability. That calls into question CEO Elon Musk’s desire to be an increasingly mainstream company rather than a maker of high-end specialty sports sedans and SUVs. Deere (DE) While Deere (NYSE:) hasn’t reported earnings this week, it’s vulnerable to the selling pressure hitting Caterpillar as it bumps up against resistance from its late-April high. Watch for a possible drop to test support from the January-May, which would be worth a loss of roughly 8% from here, on worries the trade tensions with China continue to weigh on U.S. farm products and thus, agricultural equipment sales. The company last reported earnings on May 17. Earnings of $3.52 missed estimates by 11 cents on a 5.4% rise in revenues. The company will next report on Aug. 16 before the bell. Analysts are looking for earnings of $2.86 per share on revenues of $9.4 billion. As of this writing, William Roth did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
That calls into question CEO Elon Musk’s desire to be an increasingly mainstream company rather than a maker of high-end specialty sports sedans and SUVs. Watch for a possible drop to test support from the January-May, which would be worth a loss of roughly 8% from here, on worries the trade tensions with China continue to weigh on U.S. farm products and thus, agricultural equipment sales. Remember, expectations of rate cuts from the Federal Reserve are predicated on uneven economic growth.
Here are four blue-chip stocks suffering declines: Blue-Chip Stocks: Caterpillar (CAT) Caterpillar (NYSE:) shares are down hard, losing nearly 5% on Wednesday, testing below their 200-day and 50-day moving averages. Remember, expectations of rate cuts from the Federal Reserve are predicated on uneven economic growth. That is tied in large part to the trade tensions between the United States and China.
Here are four blue-chip stocks suffering declines: Blue-Chip Stocks: Caterpillar (CAT) Caterpillar (NYSE:) shares are down hard, losing nearly 5% on Wednesday, testing below their 200-day and 50-day moving averages. Watch for a possible drop to test support from the January-May, which would be worth a loss of roughly 8% from here, on worries the trade tensions with China continue to weigh on U.S. farm products and thus, agricultural equipment sales. Remember, expectations of rate cuts from the Federal Reserve are predicated on uneven economic growth.
Remember, expectations of rate cuts from the Federal Reserve are predicated on uneven economic growth. That is tied in large part to the trade tensions between the United States and China. Here are four blue-chip stocks suffering declines: Blue-Chip Stocks: Caterpillar (CAT) Caterpillar (NYSE:) shares are down hard, losing nearly 5% on Wednesday, testing below their 200-day and 50-day moving averages.
fb434a80-42ca-4a70-b4d5-cee55b5d5a3f
721785.0
2019-07-24 00:00:00 UTC
Noteworthy Wednesday Option Activity: DE, BMY, IP
DE
https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity%3A-de-bmy-ip-2019-07-24
nan
nan
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 8,548 contracts have traded so far, representing approximately 854,800 underlying shares. That amounts to about 43.2% of DE's average daily trading volume over the past month of 2.0 million shares. Particularly high volume was seen for the $167.50 strike call option expiring July 26, 2019, with 787 contracts trading so far today, representing approximately 78,700 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $167.50 strike highlighted in orange: Bristol-Myers Squibb Co. (Symbol: BMY) saw options trading volume of 56,584 contracts, representing approximately 5.7 million underlying shares or approximately 42.2% of BMY's average daily trading volume over the past month, of 13.4 million shares. Particularly high volume was seen for the $55 strike call option expiring January 17, 2020, with 7,660 contracts trading so far today, representing approximately 766,000 underlying shares of BMY. Below is a chart showing BMY's trailing twelve month trading history, with the $55 strike highlighted in orange: And International Paper Co (Symbol: IP) saw options trading volume of 12,415 contracts, representing approximately 1.2 million underlying shares or approximately 42% of IP's average daily trading volume over the past month, of 3.0 million shares. Particularly high volume was seen for the $45 strike call option expiring July 26, 2019, with 3,154 contracts trading so far today, representing approximately 315,400 underlying shares of IP. Below is a chart showing IP's trailing twelve month trading history, with the $45 strike highlighted in orange: For the various different available expirations for DE options, BMY options, or IP options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $167.50 strike call option expiring July 26, 2019, with 787 contracts trading so far today, representing approximately 78,700 underlying shares of DE. Particularly high volume was seen for the $55 strike call option expiring January 17, 2020, with 7,660 contracts trading so far today, representing approximately 766,000 underlying shares of BMY. Particularly high volume was seen for the $45 strike call option expiring July 26, 2019, with 3,154 contracts trading so far today, representing approximately 315,400 underlying shares of IP.
Particularly high volume was seen for the $167.50 strike call option expiring July 26, 2019, with 787 contracts trading so far today, representing approximately 78,700 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $167.50 strike highlighted in orange: Bristol-Myers Squibb Co. (Symbol: BMY) saw options trading volume of 56,584 contracts, representing approximately 5.7 million underlying shares or approximately 42.2% of BMY's average daily trading volume over the past month, of 13.4 million shares. Below is a chart showing BMY's trailing twelve month trading history, with the $55 strike highlighted in orange: And International Paper Co (Symbol: IP) saw options trading volume of 12,415 contracts, representing approximately 1.2 million underlying shares or approximately 42% of IP's average daily trading volume over the past month, of 3.0 million shares.
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Deere & Co. (Symbol: DE), where a total of 8,548 contracts have traded so far, representing approximately 854,800 underlying shares. Below is a chart showing DE's trailing twelve month trading history, with the $167.50 strike highlighted in orange: Bristol-Myers Squibb Co. (Symbol: BMY) saw options trading volume of 56,584 contracts, representing approximately 5.7 million underlying shares or approximately 42.2% of BMY's average daily trading volume over the past month, of 13.4 million shares. Below is a chart showing BMY's trailing twelve month trading history, with the $55 strike highlighted in orange: And International Paper Co (Symbol: IP) saw options trading volume of 12,415 contracts, representing approximately 1.2 million underlying shares or approximately 42% of IP's average daily trading volume over the past month, of 3.0 million shares.
Particularly high volume was seen for the $167.50 strike call option expiring July 26, 2019, with 787 contracts trading so far today, representing approximately 78,700 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $167.50 strike highlighted in orange: Bristol-Myers Squibb Co. (Symbol: BMY) saw options trading volume of 56,584 contracts, representing approximately 5.7 million underlying shares or approximately 42.2% of BMY's average daily trading volume over the past month, of 13.4 million shares. Below is a chart showing BMY's trailing twelve month trading history, with the $55 strike highlighted in orange: And International Paper Co (Symbol: IP) saw options trading volume of 12,415 contracts, representing approximately 1.2 million underlying shares or approximately 42% of IP's average daily trading volume over the past month, of 3.0 million shares.
158087bd-f773-42f9-a98b-ee4b40fff17a
721786.0
2019-07-16 00:00:00 UTC
Agree To Purchase Deere & Co. At $120, Earn 4.3% Using Options
DE
https://www.nasdaq.com/articles/agree-to-purchase-deere-co.-at-%24120-earn-4.3-using-options-2019-07-16
nan
nan
Investors considering a purchase of Deere & Co. (Symbol: DE) stock, but tentative about paying the going market price of $166.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $120 strike, which has a bid at the time of this writing of $5.20. Collecting that bid as the premium represents a 4.3% return against the $120 commitment, or a 2.9% annualized rate of return (at Stock Options Channel we call this the YieldBoost). Selling a put does not give an investor access to DE's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised. And the person on the other side of the contract would only benefit from exercising at the $120 strike if doing so produced a better outcome than selling at the going market price. (Do options carry counterparty risk? This and six other common options myths debunked). So unless Deere & Co. sees its shares fall 27.6% and the contract is exercised (resulting in a cost basis of $114.80 per share before broker commissions, subtracting the $5.20 from $120), the only upside to the put seller is from collecting that premium for the 2.9% annualized rate of return. Worth considering, is that the annualized 2.9% figure actually exceeds the 1.8% annualized dividend paid by Deere & Co. by 1.1%, based on the current share price of $166.07. And yet, if an investor was to buy the stock at the going market price in order to collect the dividend, there is greater downside because the stock would have to lose 27.65% to reach the $120 strike price. Always important when discussing dividends is the fact that, in general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Deere & Co., looking at the dividend history chart for DE below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 1.8% annualized dividend yield. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $120 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $120 strike for the 2.9% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Deere & Co. (considering the last 251 trading day closing values as well as today's price of $166.07) to be 30%. For other put options contract ideas at the various different available expirations, visit the DE Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on Tuesday, the put volume among S&P 500 components was 1.18M contracts, with call volume at 1.18M, for a put:call ratio of 0.70 so far for the day, which is above normal compared to the long-term median put:call ratio of .65. In other words, if we look at the number of call buyers and then use the long-term median to project the number of put buyers we'd expect to see, we're actually seeing more put buyers than expected out there in options trading so far today. Find out which 15 call and put options traders are talking about today. Top YieldBoost Puts of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Investors considering a purchase of Deere & Co. (Symbol: DE) stock, but tentative about paying the going market price of $166.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $120 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $120 strike for the 2.9% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Deere & Co. (considering the last 251 trading day closing values as well as today's price of $166.07) to be 30%.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $120 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $120 strike for the 2.9% annualized rate of return represents good reward for the risks. We calculate the trailing twelve month volatility for Deere & Co. (considering the last 251 trading day closing values as well as today's price of $166.07) to be 30%. Investors considering a purchase of Deere & Co. (Symbol: DE) stock, but tentative about paying the going market price of $166.07/share, might benefit from considering selling puts among the alternative strategies at their disposal.
Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $120 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $120 strike for the 2.9% annualized rate of return represents good reward for the risks. Investors considering a purchase of Deere & Co. (Symbol: DE) stock, but tentative about paying the going market price of $166.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. Selling a put does not give an investor access to DE's upside potential the way owning shares would, because the put seller only ends up owning shares in the scenario where the contract is exercised.
In the case of Deere & Co., looking at the dividend history chart for DE below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 1.8% annualized dividend yield. Below is a chart showing the trailing twelve month trading history for Deere & Co., and highlighting in green where the $120 strike is located relative to that history: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the January 2021 put at the $120 strike for the 2.9% annualized rate of return represents good reward for the risks. Investors considering a purchase of Deere & Co. (Symbol: DE) stock, but tentative about paying the going market price of $166.07/share, might benefit from considering selling puts among the alternative strategies at their disposal.
71ac9106-1081-43e7-9f10-f9352b12c510
721787.0
2019-07-08 00:00:00 UTC
Notable Monday Option Activity: MU, DE, VMW
DE
https://www.nasdaq.com/articles/notable-monday-option-activity%3A-mu-de-vmw-2019-07-08
nan
nan
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Micron Technology Inc. (Symbol: MU), where a total volume of 139,794 contracts has been traded thus far today, a contract volume which is representative of approximately 14.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42% of MU's average daily trading volume over the past month, of 33.3 million shares. Especially high volume was seen for the $40 strike put option expiring July 12, 2019, with 9,349 contracts trading so far today, representing approximately 934,900 underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $40 strike highlighted in orange: Deere & Co. (Symbol: DE) options are showing a volume of 8,405 contracts thus far today. That number of contracts represents approximately 840,500 underlying shares, working out to a sizeable 41.5% of DE's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $162.50 strike put option expiring July 12, 2019, with 1,061 contracts trading so far today, representing approximately 106,100 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: And VMware Inc (Symbol: VMW) saw options trading volume of 5,133 contracts, representing approximately 513,300 underlying shares or approximately 40.8% of VMW's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $200 strike call option expiring August 16, 2019, with 897 contracts trading so far today, representing approximately 89,700 underlying shares of VMW. Below is a chart showing VMW's trailing twelve month trading history, with the $200 strike highlighted in orange: For the various different available expirations for MU options, DE options, or VMW options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Especially high volume was seen for the $40 strike put option expiring July 12, 2019, with 9,349 contracts trading so far today, representing approximately 934,900 underlying shares of MU. Especially high volume was seen for the $162.50 strike put option expiring July 12, 2019, with 1,061 contracts trading so far today, representing approximately 106,100 underlying shares of DE. Particularly high volume was seen for the $200 strike call option expiring August 16, 2019, with 897 contracts trading so far today, representing approximately 89,700 underlying shares of VMW.
Especially high volume was seen for the $40 strike put option expiring July 12, 2019, with 9,349 contracts trading so far today, representing approximately 934,900 underlying shares of MU. Below is a chart showing MU's trailing twelve month trading history, with the $40 strike highlighted in orange: Deere & Co. (Symbol: DE) options are showing a volume of 8,405 contracts thus far today. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: And VMware Inc (Symbol: VMW) saw options trading volume of 5,133 contracts, representing approximately 513,300 underlying shares or approximately 40.8% of VMW's average daily trading volume over the past month, of 1.3 million shares.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Micron Technology Inc. (Symbol: MU), where a total volume of 139,794 contracts has been traded thus far today, a contract volume which is representative of approximately 14.0 million underlying shares (given that every 1 contract represents 100 underlying shares). Especially high volume was seen for the $40 strike put option expiring July 12, 2019, with 9,349 contracts trading so far today, representing approximately 934,900 underlying shares of MU. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: And VMware Inc (Symbol: VMW) saw options trading volume of 5,133 contracts, representing approximately 513,300 underlying shares or approximately 40.8% of VMW's average daily trading volume over the past month, of 1.3 million shares.
Especially high volume was seen for the $162.50 strike put option expiring July 12, 2019, with 1,061 contracts trading so far today, representing approximately 106,100 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $162.50 strike highlighted in orange: And VMware Inc (Symbol: VMW) saw options trading volume of 5,133 contracts, representing approximately 513,300 underlying shares or approximately 40.8% of VMW's average daily trading volume over the past month, of 1.3 million shares. Below is a chart showing VMW's trailing twelve month trading history, with the $200 strike highlighted in orange: For the various different available expirations for MU options, DE options, or VMW options, visit StockOptionsChannel.com.
a5ceb5d9-bb1c-4dc8-8108-1a1cea74874d
721788.0
2019-06-29 00:00:00 UTC
Why Tariffs Aren't the Only Reason for Investors to Worry About China
DE
https://www.nasdaq.com/articles/why-tariffs-arent-the-only-reason-for-investors-to-worry-about-china-2019-06-29
nan
nan
Tariffs, tariffs, tariffs. Now in its second year, the Trump administration's ongoing trade war with China seems no closer to ending than it was in April 2018. With all the focus on tariffs, it's easy for investors to assume that if the trade war were to end, it would be an all-clear signal for U.S. companies doing business in China. But that isn't the case: The Chinese market is much more than a set of trade policies, and there are substantial risks beyond tariffs that would still affect U.S. companies even if the trade war ended tomorrow. Here are three other big problems that U.S. companies are running into in China, and why investors should care. Tariffs are a big problem for companies doing business in China. But they aren't the only problem. Image source: Getty Images. Saving your bacon One major news story you probably haven't heard of from China is a major outbreak of African swine fever. Thankfully, the disease doesn't affect humans, but it is wreaking havoc on China's domestic pig population. The epidemic is so widespread, in fact, that it's expected to wipe out one-fifth of China's swine herds. While a 20% reduction in China's swine population might be good news for U.S. pork producers, it's likely to be bad for other U.S. industries. That's because a major ingredient in Chinese swine feed is soybeans. Fewer swine means less global demand for soy, which means that soybean prices are likely to drop. And while the 4.4 billion pounds of annual U.S. pork exports are big business, that business is dwarfed by the 270 billion pounds of soy produced annually in the U.S. U.S. soybean farmers are already reeling from the impact of tariffs on their businesses, and this could compound the problem. After all, why pay more for U.S. soybeans that have tariffs slapped on them when there's a global glut of super cheap soy available from other countries? Even without tariffs, lower soy prices still mean less revenue for soy farmers. This is already having an impact on farm equipment manufacturer Deere (NYSE: DE), which is seeing slowing sales as cash-crunched farmers put off big equipment purchases. It could also be problematic for companies that sell soybean seeds like DuPont agricultural spinoff Corteva (NYSE: CTVA) or BASF (NASDAQOTH: BASFY), which recently purchased the former Monsanto's seed business from Bayer. Unfortunately, this epidemic is showing no signs of being resolved quickly. Slow traffic ahead China's auto market is in the midst of a slowdown that doesn't seem to be tariff-related, considering that domestic auto sales as well as those from foreign companies outside the U.S. are all experiencing declines. In May the China Association of Auto Manufacturers (CAAM) reported a year-over-year sales decline of 16.4%, a record. The current slump is the first time automotive sales have contracted in China since the 1990s, which has been unnerving manufacturers. A CAAM spokesperson blamed the May decline on some Chinese provinces' implementation of new "China VI" vehicle emission standards well ahead of Beijing's 2020 deadline, a move that caused uncertainty among manufacturers and supply chain disruptions. But the slump was already well under way. In the fourth quarter of 2018, General Motors (NYSE: GM) reported its China sales were off by 25.4%. And it's not just auto brands that have been hit by the slowdown. Electrical component maker Littelfuse (NASDAQ: LFUS) reported a rare quarterly organic revenue decline in the first quarter of 2019 thanks to the Chinese auto manufacturing slowdown. Unfortunately for the affected companies, there's little they can do but try to ride out the weakness. But there are signs that the weakness may be more than temporary. Across the economy China is experiencing a broad economic downturn, possibly exacerbated by the ongoing trade war. But there's no guarantee that a swift end to the trade war will end the weakness. And that's having an effect on many U.S. companies that have high sales in China. Considering how large the Chinese economy is, it should come as no surprise that the affected companies are diverse in size and sector. For example, water heater manufacturer A.O. Smith (NYSE: AOS), which counts on China for 34% of its overall revenue, saw Q1 2019 revenue fall 21% year-over-year in its rest-of-world segment, primarily due to weak sales in China. In January, Apple (NASDAQ: AAPL) slashed its revenue forecast thanks to slowing iPhone sales in -- you guessed it -- China. High-end jeweler Tiffany & Co. (NYSE: TIF) has blamed recent revenue misses and lowered forecasts on diminished sales to Chinese tourists. Water heaters, iPhones, and jewelry -- not to mention trips to the U.S. to buy said jewelry -- are major purchases, the kind that are likely to be deferred or forgone entirely when times are tight. That bodes poorly for other makers of expensive or luxury goods. Tariffs aren't the end That's not to say that an end to the trade war wouldn't be a good thing for many if not most U.S. companies -- it would. But it's far from the only issue facing China and the U.S. companies that do business there. So if a breakthrough in trade talks is announced, markets may react with exuberance, pushing shares higher. Savvy investors, though, should keep in mind that there's a lot more to China than just tariffs, and proceed with caution. 10 stocks we like better than Apple When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 John Bromels owns shares of Apple and Corteva Inc. The Motley Fool owns shares of and recommends Apple. The Motley Fool recommends Littelfuse. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
With all the focus on tariffs, it's easy for investors to assume that if the trade war were to end, it would be an all-clear signal for U.S. companies doing business in China. A CAAM spokesperson blamed the May decline on some Chinese provinces' implementation of new "China VI" vehicle emission standards well ahead of Beijing's 2020 deadline, a move that caused uncertainty among manufacturers and supply chain disruptions. Now in its second year, the Trump administration's ongoing trade war with China seems no closer to ending than it was in April 2018.
In May the China Association of Auto Manufacturers (CAAM) reported a year-over-year sales decline of 16.4%, a record. Now in its second year, the Trump administration's ongoing trade war with China seems no closer to ending than it was in April 2018. With all the focus on tariffs, it's easy for investors to assume that if the trade war were to end, it would be an all-clear signal for U.S. companies doing business in China.
With all the focus on tariffs, it's easy for investors to assume that if the trade war were to end, it would be an all-clear signal for U.S. companies doing business in China. But that isn't the case: The Chinese market is much more than a set of trade policies, and there are substantial risks beyond tariffs that would still affect U.S. companies even if the trade war ended tomorrow. Slow traffic ahead China's auto market is in the midst of a slowdown that doesn't seem to be tariff-related, considering that domestic auto sales as well as those from foreign companies outside the U.S. are all experiencing declines.
But that isn't the case: The Chinese market is much more than a set of trade policies, and there are substantial risks beyond tariffs that would still affect U.S. companies even if the trade war ended tomorrow. In May the China Association of Auto Manufacturers (CAAM) reported a year-over-year sales decline of 16.4%, a record. Now in its second year, the Trump administration's ongoing trade war with China seems no closer to ending than it was in April 2018.
6ef6fe86-788c-4015-86ef-26fa56a05cfc
721789.0
2019-06-28 00:00:00 UTC
FVD, BOIL: Big ETF Inflows
DE
https://www.nasdaq.com/articles/fvd-boil%3A-big-etf-inflows-2019-06-28
nan
nan
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Value Line Dividend Index Fund (FVD), which added 7,000,000 units, or a 3.7% increase week over week. Among the largest underlying components of FVD, in morning trading today Intelsat (I) is down about 0.5%, and Deere & Company (DE) is up by about 1%. And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Bloomberg Natural Gas (BOIL), which added 650,000 units, for a 36.6% increase in outstanding units. VIDEO: FVD, BOIL: Big ETF Inflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Among the largest underlying components of FVD, in morning trading today Intelsat (I) is down about 0.5%, and Deere & Company (DE) is up by about 1%. And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Bloomberg Natural Gas (BOIL), which added 650,000 units, for a 36.6% increase in outstanding units. VIDEO: FVD, BOIL: Big ETF Inflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Value Line Dividend Index Fund (FVD), which added 7,000,000 units, or a 3.7% increase week over week. And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Bloomberg Natural Gas (BOIL), which added 650,000 units, for a 36.6% increase in outstanding units. VIDEO: FVD, BOIL: Big ETF Inflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Value Line Dividend Index Fund (FVD), which added 7,000,000 units, or a 3.7% increase week over week. And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Bloomberg Natural Gas (BOIL), which added 650,000 units, for a 36.6% increase in outstanding units. VIDEO: FVD, BOIL: Big ETF Inflows The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Value Line Dividend Index Fund (FVD), which added 7,000,000 units, or a 3.7% increase week over week. Among the largest underlying components of FVD, in morning trading today Intelsat (I) is down about 0.5%, and Deere & Company (DE) is up by about 1%. And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Bloomberg Natural Gas (BOIL), which added 650,000 units, for a 36.6% increase in outstanding units.
a8974db2-62ec-411a-a636-fcc5d7d19505
721790.0
2019-06-26 00:00:00 UTC
Notable Wednesday Option Activity: SYNA, RUN, DE
DE
https://www.nasdaq.com/articles/notable-wednesday-option-activity%3A-syna-run-de-2019-06-26
nan
nan
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Synaptics Inc (Symbol: SYNA), where a total of 3,295 contracts have traded so far, representing approximately 329,500 underlying shares. That amounts to about 61.2% of SYNA's average daily trading volume over the past month of 538,040 shares. Particularly high volume was seen for the $25 strike call option expiring December 20, 2019, with 1,668 contracts trading so far today, representing approximately 166,800 underlying shares of SYNA. Below is a chart showing SYNA's trailing twelve month trading history, with the $25 strike highlighted in orange: Sunrun Inc (Symbol: RUN) options are showing a volume of 7,811 contracts thus far today. That number of contracts represents approximately 781,100 underlying shares, working out to a sizeable 59% of RUN's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $19 strike call option expiring November 15, 2019, with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of RUN. Below is a chart showing RUN's trailing twelve month trading history, with the $19 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 11,371 contracts, representing approximately 1.1 million underlying shares or approximately 57.9% of DE's average daily trading volume over the past month, of 2.0 million shares. Especially high volume was seen for the $160 strike put option expiring July 05, 2019, with 1,437 contracts trading so far today, representing approximately 143,700 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $160 strike highlighted in orange: For the various different available expirations for SYNA options, RUN options, or DE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $25 strike call option expiring December 20, 2019, with 1,668 contracts trading so far today, representing approximately 166,800 underlying shares of SYNA. Particularly high volume was seen for the $19 strike call option expiring November 15, 2019, with 2,500 contracts trading so far today, representing approximately 250,000 underlying shares of RUN. Especially high volume was seen for the $160 strike put option expiring July 05, 2019, with 1,437 contracts trading so far today, representing approximately 143,700 underlying shares of DE.
Below is a chart showing RUN's trailing twelve month trading history, with the $19 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 11,371 contracts, representing approximately 1.1 million underlying shares or approximately 57.9% of DE's average daily trading volume over the past month, of 2.0 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $160 strike highlighted in orange: For the various different available expirations for SYNA options, RUN options, or DE options, visit StockOptionsChannel.com. Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Synaptics Inc (Symbol: SYNA), where a total of 3,295 contracts have traded so far, representing approximately 329,500 underlying shares.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Synaptics Inc (Symbol: SYNA), where a total of 3,295 contracts have traded so far, representing approximately 329,500 underlying shares. Particularly high volume was seen for the $25 strike call option expiring December 20, 2019, with 1,668 contracts trading so far today, representing approximately 166,800 underlying shares of SYNA. Below is a chart showing RUN's trailing twelve month trading history, with the $19 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 11,371 contracts, representing approximately 1.1 million underlying shares or approximately 57.9% of DE's average daily trading volume over the past month, of 2.0 million shares.
Particularly high volume was seen for the $25 strike call option expiring December 20, 2019, with 1,668 contracts trading so far today, representing approximately 166,800 underlying shares of SYNA. Below is a chart showing RUN's trailing twelve month trading history, with the $19 strike highlighted in orange: And Deere & Co. (Symbol: DE) saw options trading volume of 11,371 contracts, representing approximately 1.1 million underlying shares or approximately 57.9% of DE's average daily trading volume over the past month, of 2.0 million shares. Below is a chart showing DE's trailing twelve month trading history, with the $160 strike highlighted in orange: For the various different available expirations for SYNA options, RUN options, or DE options, visit StockOptionsChannel.com.
ac9b2037-ee90-4610-af07-a91403853da1
721791.0
2019-06-24 00:00:00 UTC
Deere & Company News: Why DE Stock Is Climbing Higher Today
DE
https://www.nasdaq.com/articles/deere-company-news%3A-why-de-stock-is-climbing-higher-today-2019-06-24
nan
nan
Deere & Company news for Monday concerning an upgrade for the company has DE stock up on Monday. Source: The upgrade for Deere & Company (NYSE:) comes from Jefferies analyst Stephen Volkmann. This has the analyst increasing their rating for DE stock from a “Hold” to the new rating of “Buy”. The reason given for the change is an upcoming replacement and upgrade period for farm equipment. The Deere & Company news for today doesn’t just stop at an upgrade for DE stock. It also includes a new price target for it as well. This has Volkmann setting a new price target of for DE stock. The previous price target from Jefferies was $150 per share. This new price target for DE stock is positive Deere & Company news for investors. It implies that there is plenty of upside for DE stock. DE stock was trading at $164.30 when the markets closed on Friday. This has the new price target representing a roughly 16% increase for the stock. “The company has taken several steps over the last downturn to reduce costs and improve manufacturing operations. We believe the improved cost structure should result in incremental margins north of 25% as volumes return in 2020,” Volkman wrote in a note obtained by TheStreet.com. “Correspondingly a higher mix of large ag products should add to incrementals which we are now projecting to be just under 30% for next year.” DE stock was up 1% as of Monday afternoon and is up 10% since the start of the year. As of this writing, William White did not hold a position in any of the aforementioned securities. The post appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Deere & Company news for today doesn’t just stop at an upgrade for DE stock. “Correspondingly a higher mix of large ag products should add to incrementals which we are now projecting to be just under 30% for next year.” DE stock was up 1% as of Monday afternoon and is up 10% since the start of the year. Deere & Company news for Monday concerning an upgrade for the company has DE stock up on Monday.
Deere & Company news for Monday concerning an upgrade for the company has DE stock up on Monday. This has the analyst increasing their rating for DE stock from a “Hold” to the new rating of “Buy”. This new price target for DE stock is positive Deere & Company news for investors.
Deere & Company news for Monday concerning an upgrade for the company has DE stock up on Monday. The Deere & Company news for today doesn’t just stop at an upgrade for DE stock. This new price target for DE stock is positive Deere & Company news for investors.
Deere & Company news for Monday concerning an upgrade for the company has DE stock up on Monday. Source: The upgrade for Deere & Company (NYSE:) comes from Jefferies analyst Stephen Volkmann. This new price target for DE stock is positive Deere & Company news for investors.
4375b68b-7c8b-4f97-9e22-2fd8acd021dc
721792.0
2019-06-19 00:00:00 UTC
Noteworthy Wednesday Option Activity: DE, JWN, CBOE
DE
https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity%3A-de-jwn-cboe-2019-06-19
nan
nan
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 20,420 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 97.1% of DE's average daily trading volume over the past month, of 2.1 million shares. Particularly high volume was seen for the $165 strike call option expiring July 19, 2019, with 5,268 contracts trading so far today, representing approximately 526,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $165 strike highlighted in orange: Nordstrom, Inc. (Symbol: JWN) options are showing a volume of 37,065 contracts thus far today. That number of contracts represents approximately 3.7 million underlying shares, working out to a sizeable 79% of JWN's average daily trading volume over the past month, of 4.7 million shares. Especially high volume was seen for the $32.50 strike call option expiring June 21, 2019, with 9,085 contracts trading so far today, representing approximately 908,500 underlying shares of JWN. Below is a chart showing JWN's trailing twelve month trading history, with the $32.50 strike highlighted in orange: And Cboe Global Markets Inc (Symbol: CBOE) options are showing a volume of 4,044 contracts thus far today. That number of contracts represents approximately 404,400 underlying shares, working out to a sizeable 58.9% of CBOE's average daily trading volume over the past month, of 686,240 shares. Especially high volume was seen for the $107 strike call option expiring June 28, 2019, with 1,943 contracts trading so far today, representing approximately 194,300 underlying shares of CBOE. Below is a chart showing CBOE's trailing twelve month trading history, with the $107 strike highlighted in orange: For the various different available expirations for DE options, JWN options, or CBOE options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $165 strike call option expiring July 19, 2019, with 5,268 contracts trading so far today, representing approximately 526,800 underlying shares of DE. Especially high volume was seen for the $32.50 strike call option expiring June 21, 2019, with 9,085 contracts trading so far today, representing approximately 908,500 underlying shares of JWN. Especially high volume was seen for the $107 strike call option expiring June 28, 2019, with 1,943 contracts trading so far today, representing approximately 194,300 underlying shares of CBOE.
Below is a chart showing DE's trailing twelve month trading history, with the $165 strike highlighted in orange: Nordstrom, Inc. (Symbol: JWN) options are showing a volume of 37,065 contracts thus far today. That number of contracts represents approximately 3.7 million underlying shares, working out to a sizeable 79% of JWN's average daily trading volume over the past month, of 4.7 million shares. Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 20,420 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares).
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 20,420 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). Especially high volume was seen for the $107 strike call option expiring June 28, 2019, with 1,943 contracts trading so far today, representing approximately 194,300 underlying shares of CBOE. That number works out to 97.1% of DE's average daily trading volume over the past month, of 2.1 million shares.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 20,420 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number of contracts represents approximately 404,400 underlying shares, working out to a sizeable 58.9% of CBOE's average daily trading volume over the past month, of 686,240 shares. Below is a chart showing CBOE's trailing twelve month trading history, with the $107 strike highlighted in orange: For the various different available expirations for DE options, JWN options, or CBOE options, visit StockOptionsChannel.com.
33a2476e-035a-4502-9119-2cd30264e772
721793.0
2019-06-19 00:00:00 UTC
DE Crosses Above Average Analyst Target
DE
https://www.nasdaq.com/articles/de-crosses-above-average-analyst-target-2019-06-19
nan
nan
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $155.25, changing hands for $159.38/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 12 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $124.00. And then on the other side of the spectrum one analyst has a target as high as $175.00. The standard deviation is $16.192. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $155.25/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $155.25 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Deere & Co.: The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DE — FREE. 10 ETFs With Most Upside To Analyst Targets » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $155.25, changing hands for $159.38/share. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DE crossing above that average target price of $155.25/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $155.25 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
In recent trading, shares of Deere & Co. (Symbol: DE) have crossed above the average analyst 12-month target price of $155.25, changing hands for $159.38/share. There are 12 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. But the whole reason to look at the average DE price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. There are 12 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. And so with DE crossing above that average target price of $155.25/share, investors in DE have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $155.25 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. There are 12 different analyst targets contributing to that average for Deere & Co., but the average is just that — a mathematical average. And then on the other side of the spectrum one analyst has a target as high as $175.00.
72b2cee4-5c55-4240-b4a2-c02dbe208bc5
721794.0
2019-06-17 00:00:00 UTC
Deere (DE) Shares Cross Above 200 DMA
DE
https://www.nasdaq.com/articles/deere-de-shares-cross-above-200-dma-2019-06-17
nan
nan
In trading on Monday, shares of Deere & Co. (Symbol: DE) crossed above their 200 day moving average of $152.81, changing hands as high as $154.01 per share. Deere & Co. shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $128.32 per share, with $169.99 as the 52 week high point — that compares with a last trade of $153.67. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, shares of Deere & Co. (Symbol: DE) crossed above their 200 day moving average of $152.81, changing hands as high as $154.01 per share. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $128.32 per share, with $169.99 as the 52 week high point — that compares with a last trade of $153.67. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, shares of Deere & Co. (Symbol: DE) crossed above their 200 day moving average of $152.81, changing hands as high as $154.01 per share. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $128.32 per share, with $169.99 as the 52 week high point — that compares with a last trade of $153.67. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, shares of Deere & Co. (Symbol: DE) crossed above their 200 day moving average of $152.81, changing hands as high as $154.01 per share. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $128.32 per share, with $169.99 as the 52 week high point — that compares with a last trade of $153.67. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, shares of Deere & Co. (Symbol: DE) crossed above their 200 day moving average of $152.81, changing hands as high as $154.01 per share. Deere & Co. shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of DE shares, versus its 200 day moving average: Looking at the chart above, DE's low point in its 52 week range is $128.32 per share, with $169.99 as the 52 week high point — that compares with a last trade of $153.67.
30db529d-cbda-4cd0-819b-253756ec1e52
721795.0
2019-06-11 00:00:00 UTC
Noteworthy Tuesday Option Activity: DE, TXN, KEM
DE
https://www.nasdaq.com/articles/noteworthy-tuesday-option-activity%3A-de-txn-kem-2019-06-11
nan
nan
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 11,663 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.9% of DE's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $155 strike call option expiring January 17, 2020, with 2,810 contracts trading so far today, representing approximately 281,000 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $155 strike highlighted in orange: Texas Instruments Inc. (Symbol: TXN) saw options trading volume of 20,001 contracts, representing approximately 2.0 million underlying shares or approximately 42.8% of TXN's average daily trading volume over the past month, of 4.7 million shares. Especially high volume was seen for the $125 strike call option expiring October 18, 2019, with 10,162 contracts trading so far today, representing approximately 1.0 million underlying shares of TXN. Below is a chart showing TXN's trailing twelve month trading history, with the $125 strike highlighted in orange: And KEMET Corp. (Symbol: KEM) options are showing a volume of 5,990 contracts thus far today. That number of contracts represents approximately 599,000 underlying shares, working out to a sizeable 42.3% of KEM's average daily trading volume over the past month, of 1.4 million shares. Especially high volume was seen for the $17 strike put option expiring August 16, 2019, with 4,802 contracts trading so far today, representing approximately 480,200 underlying shares of KEM. Below is a chart showing KEM's trailing twelve month trading history, with the $17 strike highlighted in orange: For the various different available expirations for DE options, TXN options, or KEM options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $155 strike call option expiring January 17, 2020, with 2,810 contracts trading so far today, representing approximately 281,000 underlying shares of DE. Especially high volume was seen for the $125 strike call option expiring October 18, 2019, with 10,162 contracts trading so far today, representing approximately 1.0 million underlying shares of TXN. Especially high volume was seen for the $17 strike put option expiring August 16, 2019, with 4,802 contracts trading so far today, representing approximately 480,200 underlying shares of KEM.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 11,663 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DE's trailing twelve month trading history, with the $155 strike highlighted in orange: Texas Instruments Inc. (Symbol: TXN) saw options trading volume of 20,001 contracts, representing approximately 2.0 million underlying shares or approximately 42.8% of TXN's average daily trading volume over the past month, of 4.7 million shares. That number works out to 42.9% of DE's average daily trading volume over the past month, of 2.7 million shares.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deere & Co. (Symbol: DE), where a total volume of 11,663 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). Below is a chart showing DE's trailing twelve month trading history, with the $155 strike highlighted in orange: Texas Instruments Inc. (Symbol: TXN) saw options trading volume of 20,001 contracts, representing approximately 2.0 million underlying shares or approximately 42.8% of TXN's average daily trading volume over the past month, of 4.7 million shares. Especially high volume was seen for the $125 strike call option expiring October 18, 2019, with 10,162 contracts trading so far today, representing approximately 1.0 million underlying shares of TXN.
Below is a chart showing DE's trailing twelve month trading history, with the $155 strike highlighted in orange: Texas Instruments Inc. (Symbol: TXN) saw options trading volume of 20,001 contracts, representing approximately 2.0 million underlying shares or approximately 42.8% of TXN's average daily trading volume over the past month, of 4.7 million shares. Especially high volume was seen for the $17 strike put option expiring August 16, 2019, with 4,802 contracts trading so far today, representing approximately 480,200 underlying shares of KEM. Below is a chart showing KEM's trailing twelve month trading history, with the $17 strike highlighted in orange: For the various different available expirations for DE options, TXN options, or KEM options, visit StockOptionsChannel.com.
0f8bfc05-40b6-48f5-bbd8-3d4685596224
721796.0
2019-06-10 00:00:00 UTC
Why Deere & Co. Shares Fell 15.4% in May
DE
https://www.nasdaq.com/articles/why-deere-co.-shares-fell-15.4-may-2019-06-10
nan
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What happened Shares of agricultural equipment manufacturer Deere & Co. (NYSE: DE) fell by 15.4% in May, according to data provided by S&P Global Market Intelligence. That pushed the stock into negative territory for the year, although it's since clawed its way back to just above the break-even point. The stock began sliding as the company's earnings report approached and then dropped sharply after it disappointed. So what On May 17, Deere released its Q2 earnings report for FY 2019. Deere uses an unusual 52-week fiscal year that ends each quarter on the last Sunday of each reporting period, so this report covered the period from January 28 through April 28, 2019. It may be a rough road ahead for top ag industry equipment maker Deere & Co. Image source: Getty Images. Earnings were pretty dismal: Revenue only increased by 6% year over year, to $11.3 billion, but net income fell by 6%, to $1.1 billion. Worse, Deere cut its FY 2019 guidance for sales growth, now anticipating 5% growth as opposed to 7%, and also slashed its net income guidance by 8.3%, to $3.3 billion. Unhappy investors sold off the stock. Deere's management blamed several factors outside of its control for the company's problems. Domestically, bad weather -- including heavy rains and flooding in the Midwest -- have many farmers delaying big equipment purchases. Overseas, an outbreak of African swine fever in China is expected to reduce that country's swine herds by an unprecedented 20%, drastically lowering demand for soybean meal, a key component in swine feed. That lower demand for soybean meal, coupled with the ongoing trade war with China that's already impacting soybean sales, is also having a negative impact on equipment sales. Now what Unfortunately, nobody knows exactly when any of these problems will be mitigated...or whether they'll get worse. While inclement weather is always a risk when investing in the agricultural sector, the issues surrounding soybeans could take much longer to resolve. That makes this a very risky time to put money into Deere stock, at least in the short term. 10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 1, 2019 John Bromels has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
What happened Shares of agricultural equipment manufacturer Deere & Co. (NYSE: DE) fell by 15.4% in May, according to data provided by S&P Global Market Intelligence. Domestically, bad weather -- including heavy rains and flooding in the Midwest -- have many farmers delaying big equipment purchases. So what On May 17, Deere released its Q2 earnings report for FY 2019.
Worse, Deere cut its FY 2019 guidance for sales growth, now anticipating 5% growth as opposed to 7%, and also slashed its net income guidance by 8.3%, to $3.3 billion. Overseas, an outbreak of African swine fever in China is expected to reduce that country's swine herds by an unprecedented 20%, drastically lowering demand for soybean meal, a key component in swine feed. What happened Shares of agricultural equipment manufacturer Deere & Co. (NYSE: DE) fell by 15.4% in May, according to data provided by S&P Global Market Intelligence.
10 stocks we like better than Deere & Company When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. * David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them! What happened Shares of agricultural equipment manufacturer Deere & Co. (NYSE: DE) fell by 15.4% in May, according to data provided by S&P Global Market Intelligence.
So what On May 17, Deere released its Q2 earnings report for FY 2019. Worse, Deere cut its FY 2019 guidance for sales growth, now anticipating 5% growth as opposed to 7%, and also slashed its net income guidance by 8.3%, to $3.3 billion. * David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Deere & Company wasn't one of them!
74a5d097-e9dd-40e1-ab7e-b21438374a93
721797.0
2019-06-03 00:00:00 UTC
Deere a Top Socially Responsible Dividend Stock With 2.2% Yield (DE)
DE
https://www.nasdaq.com/articles/deere-top-socially-responsible-dividend-stock-2.2-yield-de-2019-06-03
nan
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Deere & Co. (Symbol: DE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel, Deere & Co. is a member of the iShares USA ESG Select ETF (SUSA), making up 0.34% of the underlying holdings of the fund, which owns $4,603,999 worth of DE shares. The annualized dividend paid by Deere & Co. is $3.04/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/27/2019. Below is a long-term dividend history chart for DE, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. DE operates in the Industrial Machinery & Equipment sector, among companies like Illinois Tool Works, Inc. (ITW), and Ingersoll-Rand plc (IR). Top 25 Socially Responsible Dividend Stocks — Income To Feel Good About » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. Below is a long-term dividend history chart for DE, which the DividendRank report stressed as being of key importance. DE operates in the Industrial Machinery & Equipment sector, among companies like Illinois Tool Works, Inc. (ITW), and Ingersoll-Rand plc (IR).
Deere & Co. (Symbol: DE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Top 25 Socially Responsible Dividend Stocks — Income To Feel Good About » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Deere & Co. (Symbol: DE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. Top 25 Socially Responsible Dividend Stocks — Income To Feel Good About » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Deere & Co. (Symbol: DE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
7f91a0c1-7190-4b9b-92bd-35f8002ac4f2
721798.0
2019-05-29 00:00:00 UTC
Daily Dividend Report: MRK, DE, CBS, NOV, DKS, VGR
DE
https://www.nasdaq.com/articles/daily-dividend-report%3A-mrk-de-cbs-nov-dks-vgr-2019-05-29
nan
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Merck (MRK) has declared a quarterly dividend of $0.55 per share of the company's common stock for the third quarter of 2019. Payment will be made on July 8, 2019 to shareholders of record at the close of business on June 17, 2019. The Deere & Company (DE) declared a regular quarterly dividend of $0.76 per share on common stock, payable August 1, 2019, to stockholders of record on June 28, 2019. CBS Corporation (CBS) has approved a quarterly dividend on the Company's stock of $.18 per share. The dividend is payable on July 1, 2019, to shareholders of record on June 10, 2019. National Oilwell Varco (NOV) declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 28, 2019 to each stockholder of record on June 14, 2019. DICK'S Sporting Goods authorized and declared a quarterly dividend in the amount of $0.275 per share on the Company's Common Stock and Class B Common Stock. The dividend is payable in cash on June 28, 2019 to stockholders of record at the close of business on June 14, 2019. Vector Group (VGR) declared a regular quarterly cash dividend on its common stock of $0.40 per share. The quarterly cash dividend will be payable on June 27, 2019 to holders of record as of June 18, 2019. VIDEO: Daily Dividend Report: MRK, DE, CBS, NOV, DKS, VGR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Payment will be made on July 8, 2019 to shareholders of record at the close of business on June 17, 2019. The Deere & Company (DE) declared a regular quarterly dividend of $0.76 per share on common stock, payable August 1, 2019, to stockholders of record on June 28, 2019. Vector Group (VGR) declared a regular quarterly cash dividend on its common stock of $0.40 per share.
The Deere & Company (DE) declared a regular quarterly dividend of $0.76 per share on common stock, payable August 1, 2019, to stockholders of record on June 28, 2019. National Oilwell Varco (NOV) declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 28, 2019 to each stockholder of record on June 14, 2019. Vector Group (VGR) declared a regular quarterly cash dividend on its common stock of $0.40 per share.
The Deere & Company (DE) declared a regular quarterly dividend of $0.76 per share on common stock, payable August 1, 2019, to stockholders of record on June 28, 2019. National Oilwell Varco (NOV) declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 28, 2019 to each stockholder of record on June 14, 2019. DICK'S Sporting Goods authorized and declared a quarterly dividend in the amount of $0.275 per share on the Company's Common Stock and Class B Common Stock.
Merck (MRK) has declared a quarterly dividend of $0.55 per share of the company's common stock for the third quarter of 2019. The Deere & Company (DE) declared a regular quarterly dividend of $0.76 per share on common stock, payable August 1, 2019, to stockholders of record on June 28, 2019. National Oilwell Varco (NOV) declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on June 28, 2019 to each stockholder of record on June 14, 2019.
43e61716-4b36-4f23-bac4-417720d05733
721799.0
2019-05-29 00:00:00 UTC
Wednesday Sector Leaders: Technology & Communications, Industrial
DE
https://www.nasdaq.com/articles/wednesday-sector-leaders%3A-technology-communications-industrial-2019-05-29
nan
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Looking at the sectors faring best as of midday Wednesday, shares of Technology & Communications companies are outperforming other sectors, losing just 0.4%. Within that group, Seagate Technology plc (Symbol: STX) and CenturyLink Inc (Symbol: CTL) are two large stocks leading the way, showing a gain of 2.3% and 2.2%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is down 0.6% on the day, and up 17.60% year-to-date. Seagate Technology plc, meanwhile, is up 14.64% year-to-date, and CenturyLink Inc, is down 30.03% year-to-date. STX makes up approximately 0.2% of the underlying holdings of XLK. The next best performing sector is the Industrial sector, losing just 0.5%. Among large Industrial stocks, Deere & Co. (Symbol: DE) and Rockwell Automation, Inc. (Symbol: ROK) are the most notable, showing a gain of 1.7% and 0.9%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 0.6% in midday trading, and up 13.45% on a year-to-date basis. Deere & Co., meanwhile, is down 5.74% year-to-date, and Rockwell Automation, Inc. is up 2.92% year-to-date. Combined, DE and ROK make up approximately 2.9% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Wednesday. As you can see, none of the sectors are up on the day, while nine sectors are down. 10 ETFs With Stocks That Insiders Are Buying » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Combined, DE and ROK make up approximately 2.9% of the underlying holdings of XLI. STX makes up approximately 0.2% of the underlying holdings of XLK. Among large Industrial stocks, Deere & Co. (Symbol: DE) and Rockwell Automation, Inc. (Symbol: ROK) are the most notable, showing a gain of 1.7% and 0.9%, respectively.
Among large Industrial stocks, Deere & Co. (Symbol: DE) and Rockwell Automation, Inc. (Symbol: ROK) are the most notable, showing a gain of 1.7% and 0.9%, respectively. STX makes up approximately 0.2% of the underlying holdings of XLK. Deere & Co., meanwhile, is down 5.74% year-to-date, and Rockwell Automation, Inc. is up 2.92% year-to-date.
STX makes up approximately 0.2% of the underlying holdings of XLK. Among large Industrial stocks, Deere & Co. (Symbol: DE) and Rockwell Automation, Inc. (Symbol: ROK) are the most notable, showing a gain of 1.7% and 0.9%, respectively. Deere & Co., meanwhile, is down 5.74% year-to-date, and Rockwell Automation, Inc. is up 2.92% year-to-date.
Among large Industrial stocks, Deere & Co. (Symbol: DE) and Rockwell Automation, Inc. (Symbol: ROK) are the most notable, showing a gain of 1.7% and 0.9%, respectively. STX makes up approximately 0.2% of the underlying holdings of XLK. Deere & Co., meanwhile, is down 5.74% year-to-date, and Rockwell Automation, Inc. is up 2.92% year-to-date.
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