When it comes to wedding gifts, its not just the thought that counts. The money counts, too. The average wedding guest will spend $127 on a gift for a family member, according to a 2016 American Express spending survey, and $99 on a gift for a friend. Youre wasting your money by giving gifts that brides and grooms dont want and wont use.
See Also on Kiplinger: 11 Gifts You Can’t Return to Amazon
The safe course, naturally, is to stick to the couples gift registry. The key to giving a good wedding gift is pretty simple: Get the couple what they want and what they have asked for, says Sarah Trotter of Lasting Impressions Weddings of Minnetonka, Minn. Nothing on the registry you like or can afford? Then give cash, says Trotter.
The 1,803 adults surveyed by American Express concur: 37% prefer gifts from a registry, followed by cash (31%) and gift cards (13%). Just 5% want a gift thats not on the registry. (And if you insist on going off-registry, at least include a gift receipt.)
Hot Blue Chip Companies To Watch In Right Now: Costco Wholesale Corporation(COST)
Costco Wholesale Corporation operates membership warehouses that offer a selection of branded and private label products in a range of merchandise categories in no-frills, self-service warehouse facilities. The company’s product categories include candy, snack foods, tobacco, alcoholic and non-alcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, office supplies, garden and patio, sporting goods, toys, seasonal items, and automotive supplies; dry and institutionally packaged foods; apparel, domestics, jewelry, house wares, media, home furnishings, cameras, and small appliances; meat, bakery, deli, and produce; and gas stations, pharmacy, food court, optical, one-hour photo, hearing aid, and travel. It also provides business and gold star (individual) membership services. As of April 26, 2011, the company operated 581 warehouses, including 425 in the United States and Puerto Rico, 80 in Canada, 22 in the Uni ted Kingdom, 7 in Korea, 6 in Taiwan, 8 in Japan, 1 in Australia, and 32 in Mexico. It also has Costco Online, an electronic commerce Web site, at costco.com in the United States and at costco.ca in Canada. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.
- [By Monica Gerson]
Costco Wholesale Corporation (NASDAQ: COST) is projected to post its quarterly earnings at $1.22 per share on revenue of $27.09 billion.
Guess?, Inc. (NYSE: GES) is estimated to post a quarterly loss at $0.19 per share on revenue of $464.37 million.
Hot Blue Chip Companies To Watch In Right Now: PulteGroup, Inc.(PHM)
PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on land. It offers various home designs, including single-family detached houses, townhouses, condominiums, and duplexes under the Pulte Homes, Del Webb, Centex, DiVosta Homes, John Wieland Homes, and Neighborhoods brand names. As of December 31, 2015, the company controlled 138,079 lots, which included 95,919 company owned lots and 42,160 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.
- [By Ben Levisohn]
Lee offers 22 stocks that could benefit from the correlation trade: Western Digital (WDC), Xerox (XRX), First Solar, Ford Motor, Best Buy (BBY), PulteGroup (PHM), AutoNation (AN), Textron (TXT), Jacobs Engineering Group (JEC), Mosaic, BB&T (BBT), Fifth Third Bancorp (FITB),Loews (L), Regions Financial (RF), KeyCorp (KEY), Comerica (CMA), Leucadia National (LUK), Zions Bancorp (ZION), Valero Energy (VLO), Marathon Oil, Cardinal Health (CAH), and Pepco Holdings (POM).
- [By CNNMoney Staff]
Housing stocks were among the biggest winners, with shares of Pulte Group (PHM), DR Horton (DHI), and Lennar (LEN) all up sharply.
Traders on StockTwits said investors may be betting on the group as Summers’ decision to drop out from the Fed chief race could be good for the housing market. With Treasury yields falling, the hope is that mortgages rates might do the same.
5 Best Promising Stocks To Watch Right Now: National Oilwell Varco, Inc.(NOV)
National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production; and provides oilfield services to the upstream oil and gas industry worldwide. The companys Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment, such as blowout preventers; power transmission systems, such as drives and generators; and rig instrumentation and control systems. Its Rig Aftermarket segment offers spare parts; and repair and rental services, as well as technical support, field and first well support, field engineering, and customer training services. The companys Wellbore Technologies segment designs, manufactures, rents, a nd sells various equipment and technologies used to perform drilling operations. This segment also provides solids control and waste management equipment and services, drilling fluids, drill pipes, wired pipes, tubular inspection and coating services, instrumentation, downhole tools, and drill bits. Its Completion and Production Solutions segment offers equipment and technologies for hydraulic fracture stimulation, such as pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention, including coiled tubing units, coiled tubing, and wireline units and tools; offshore production, including composite pipe, process equipment, floating production systems, and subsea production technologies; and onshore production, including surface transfer and progressive cavity pumps, positive displacement reciprocating pumps, pressure vessels, and artificial lift systems. The company was founded in 1862 and is h eadquartered in Houston, Texas.
- [By Tony Daltorio]
But the best investment in this sector, according to Moors, is National Oilwell Varco Inc. (NYSE: NOV).
He calls it the “one company that stands to benefit most directly from what is happening in the equipment sector.”
Hot Blue Chip Companies To Watch In Right Now: American International Group Inc.(AIG)
American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. It also involves in commercial aircraft leasing and residential mortgage guaranty insurance businesses. The company, through Chartis Inc., provides various property and casualty insurance products under commercial and consumer categories worldwide. These products include surplus lines, executive liability/directors? and officers? liability, employment practices, excess casualty, and travel/assistance lines. American International Group, through SunAmerica Financial Group, offers a suite of life insurance and retirement products and services, including term life, universal life, accident and health, fixed and variable deferred annuities, fixed payout annuities, mutual funds, and financial planning products and services to individuals and grou ps in the United States. The company, through International Lease Finance Corporation, operates as an aircraft lessor that acquires commercial jet aircraft from various manufacturers and other parties, and leases those aircraft to airlines worldwide. It also sells aircraft from its fleet to other leasing companies, financial services companies, and airlines, as well as provides management services to third-party owners of aircraft portfolios. American International Group, through United Guaranty Corporation, issues residential mortgage guaranty insurance that covers mortgage lenders from the first loss for credit defaults on high loan-to-value conventional first-lien mortgages for the purchase or refinance of one- to four-family residences in the U.S. and internationally. The company was founded in 1967 and is based in New York, New York.
- [By David Sterman]
My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).
Hot Blue Chip Companies To Watch In Right Now: Enbridge Inc(ENB)
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The companys Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York State, as well as in Quebec and New Brunswick. Its Gas Pipelines, Processing and Energy Services segment has interests in natural gas pipelines, including the Vector Pipeline and transmission and gathering pipelines in the Gulf of Mexico, as well as holds an interest in Aux Sable, a natural gas fractionation and extraction facility. This segment is also involved in the renewable energy projects, such as wind, solar, and geothermal projects with a generating capacity of approximately 2, 800 MW. The companys Sponsored Investments segment is involved in renewable and alternative power generation; crude oil and liquid petroleum transportation and storage; and natural gas and NGL gathering, treating, processing, and transportation. Enbridge Inc. has a strategic partnership with EDF Group for the development, construction, and operation of three French offshore wind farms. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
- [By Callum Turcan]
Bridging the way
Enbridge (NYSE: ENB ) currently carries 2.2 million barrels of crude oil and liquidseach day through its vast 15,372 thousand mile pipeline system.Enbridge has recently undergonea $6.2 billion program to grow shipping capacity in Western Canada and the Bakken by 400,000 bpd. Western Canada is home to the booming oil sands play, so Enbridge is trying to capitalize on two high-growth markets.