As a generation, millennials are often maligned for being bad with money and reluctant to grow up but they still probably need a will.
Of course anyone who owns an asset like a home, or who has a spouse or dependents should have a will a document that lists the deceaseds beneficiaries and last wishes but so should just about any other adult, even single millennials, experts said. Along with a will, they should have beneficiary designations for any employer-sponsored retirement accounts and a power of attorney, especially for medical decisions. You cant make a decision if youre medically incapable or if youre dead, said Leslie Beck, a financial adviser at Compass Wealth Management in Rutherford, N.J. While they tend to be less common among millennials, those two situations, its not like it never happens.
Hot Medical Stocks To Own Right Now: ProShares Ultra Nasdaq Biotechnology(BIB)
- [By Jim Robertson]
Yesterday, our Elite Opportunity Pronewsletter suggested theProShares Ultra Nasdaq Biotechnology ETF (NASDAQ: BIB) as a way to play long term biotech bullishness with a short term caveat:
Hot Medical Stocks To Own Right Now: SuperValu Inc.(SVU)
- [By Peter Graham]
Small cap grocery store stock SUPERVALU Inc (NYSE: SVU) reported Q1 2018 earnings this morning before the market opened with shares up more than 14% as Wholesale business results were outstanding. Net salesincreased 6.3% to$4.00 billion as Retail net sales were down 2.7% to $1.39 billion with the decrease reflecting identical store sales of negative 4.9% and closed stores, partially offset by sales from acquired and new stores.Total net sales within the Wholesale segment increased 12.4% to $2.56 billion primarily due to sales to new customers and increased sales to new stores operated by existing customers, partially offset by stores no longer being supplied by Supervalu and lower military sales. Retail identical store sales were negative 4.9% while fees earned under services agreements in the first quarter were $55 million versus $59 million last year. Net earnings from continuing operations was $12 million versus $20 million. The CEO commented:
- [By Peter Graham]
Small cap grocery store stock SUPERVALU Inc (NYSE: SVU) reported Q2 2018 earnings before the market opened this morning which topped Wall Street expectations. Q2 net sales were $3.80 billion versus $2.81 billionas Wholesale net salesrose 58% to$2.74 billion and Retail net salesfell 1.1% to$1.02 billion.The net loss from continuing operationswas $25 million (which included a $27 million after-tax asset impairment charge and $16 million of after-tax merger and integration costs) versus net income of $31 million. The CEO commented:
- [By Casey Wilson]
Big grocery and supermarket chain stocks plummeted on June 16 when the deal was announced. Kroger Co. (NYSE: KR) sunk over 9.2%, Supervalu Inc. (NYSE: SVU) dropped 14.4%, and Wal-Mart Stores Inc. (NYSE: WMT) lost 4.7%. Meanwhile, AMZN enjoyed a nice 2.44% gain.
- [By Peter Graham]
The Q3 2017 earnings report for small cap grocery store stock SUPERVALU Inc (NYSE: SVU) is scheduled for before the market opens on Wednesday (January 11th). A few years ago, SUPERVALU was struggling as the most shorted grocery stock on the market; but just before the last earnings report, the Company announced that it has entered into a definitive agreement whereby an affiliate of ONEX Corporation (TSE: ONEX) will acquire itsSave-A-Lot business for $1.365 billion in cash. The President/CEO stated:
- [By Steve Symington]
The stock market was flat on Thursday ahead of a key House vote on the Republicans’ healthcare bill, which was delayed until Friday as GOP lawmakers failed to gather enough votes to proceed. TheDow Jones Industrial Averagelost just 5 points, or 0.02%, while other broader market indexes saw similar small declines.But several individual stocks delivered outsized positive returns today, including FireEye (NASDAQ:FEYE), Penn National Gaming (NASDAQ:PENN), and SUPERVALU Inc. (NYSE:SVU). Read on to see what caused these unusual positive moves.
Hot Medical Stocks To Own Right Now: Lockheed Martin Corporation(LMT)
- [By Elizabeth Balboa]
Northrop Grumman Corporation (NYSE: NOC) and Lockheed Martin Corporation (NYSE: LMT) traded up 3.8 percent and 1.4 percent, respectively.
Boeing Co. (NYSE: BA) actually rose on the news despite now having to reconsider its recently negotiated a $20 billion sale to Iran.
- [By Rich Smith]
A series of tweetstargeting the high cost of Lockheed Martin’s (NYSE:LMT) F-35 stealth fighter jet apparently resulted in LockMart cutting $600 million off the price of a batch of 90 stealth fighters in January. It may have even had something to do with Boeing (NYSE:BA) offering the Navy a steep price cut on a deal to buy a dozen F/A-18 and EA-18G fighters in March. Now, if Boeing could just be convinced to cut the price on its Air Force One contract by a few hundred million, savings resulting from Trump’s defense-spending tweet storms could soon top $1 billion.
- [By ]
Next Cramer and Moreno examined Lockheed Martin’s (LMT) daily chart. As with Boeing, Lockheed saw a big rally that peaked earlier this year. Shares sold off before forming another rounded bottom. Lockheed’s floor of support here is its 6-month uptrend line, while its ceiling of resistance is just above the 50-day moving average.
- [By Ben Levisohn]
Donald Trump has added a level risk for stock pickers that didn’t exist before his election: The random tweet. Lockheed Martin (LMT) and its price F-35 fighter jet have been a target of his ire, as well as high drug prices. Now he’s turning his attention to General Motors (GM), which sold off earlier this morning after Trump tweeted that the U.S. automaker should produce its Chevy Cruze in the U.S. or pay the price. Shares of General Motors, however, have rallied back into positive territory this afternoon. CFRA Research’s Efraim Levy explains why:
Hot Medical Stocks To Own Right Now: QuinStreet, Inc.(QNST)
- [By Dan Caplinger]
The mood was negative on Wall Street on Wednesday, and most major benchmarks finished in the red. Strength in the technology sector wasn’t enough to lift more cyclically focused benchmarks like the Dow Jones Industrial Average, and the combination of an attack on Saudi Arabia that sent oil prices higher and some disquieting readings on the inflation front kept investors from feeling more confident about stocks going into earnings season. In addition, some individual companies had bad news that sent their shares lower. Analogic (NASDAQ:ALOG), QuinStreet (NASDAQ:QNST), and MSC Industrial Direct (NYSE:MSM) were among the worst performers on the day. Here’s why they did so poorly.