I just bought shares of a fund aimed at generating income and lowering volatility, by owning securities with wide valuations and above-average dividend; it can be considered a stock hedge fund for the retail investor, suggests Vivian Lewis, editor of Global Investing.
Eaton Vance Tax-Managed Global Equity Income Fund (EXG) favors active management in a declining market based on CIO Michael Wilson’s strategy for closed end funds.
Morgan Stanley recently rated overweight, based on the fund’s actively-managed strategy. EXG uses covered calls to boost income and lower portfolio volatility.
Writing calls is a good strategy for boosting income, but you have to focus on it. The fund, run by the same two managers since its founding in 2007, is focused.
EXG is largely invested in non-US shares (mostly continental and about 10% UK) and writes calls on broad foreign equity index options (usually slightly out of the money).
The calls are offset by its portfolio of high-yielding foreign blue chip individual company stock. The current top positions in the fund include Royal Dutch, Nestle, Roche, Vodafone, HSBC, Sanofi, Novo Nordisk, BP, Unilever, Bayer, Astra Zeneca, Diageo, and ABB.
Top Blue Chip Stocks For 2015: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
- [By Monica Gerson]
Analysts at Pacific Crest upgraded Apple (NASDAQ: AAPL) from “sector perform” to “outperform.” The target price for Apple is set to $635.
Apple’s shares gained 0.60% to $534.12 in pre-market trading.
- [By Douglas A. McIntyre]
Apple Inc. (NASDAQ: AAPL) has created a five day, five night iTunes music festival which will run for the five days of SXSW. It will run from March 11 to March 15. The event will be free to iTune users.
Top Blue Chip Stocks For 2015: McDonald’s Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
- [By Monica Gerson]
McDonald’s (NYSE: MCD) is projected to report its February same-store sales. McDonald’s shares fell 0.09% to $95.41 in the after-hours trading session.
- [By Chris Hill]
In this segment of Friday’s Investor Beat, Motley Fool analyst Ron Gross gives investors one stock that he’ll be watching closely this week. He takes a look at Arcos Dorados (NYSE: ARCO ) , which holds the franchise rights to McDonald’s (NYSE: MCD ) in Latin America and the Caribbean. The company reports earnings next week, and while it has been a long-time holding for Ron in the Motley Fool’s Million-Dollar Portfolio service, he sees reasons to be concerned here. The company’s store growth is slowing, so he’ll be watching closely to see what the company has to say next week.
Top Blue Chip Stocks For 2015: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
- [By Aaron Levitt]
Three more rigs will delivered this year and next. Those rigs in operation are contracted out to energy giants Chevron (CVX), Total (TOT) and Petrobras (PBR). And having three of the largest oil majors sending you checks every day has worked in PACD’s favor.
- [By David Dittman]
Answer: Growth: Magna International, Ag Growth International Inc (TSX: AFN, OTC: AGGZF), NextEra Energy Inc (NYSE: NEE), Aqua America Inc (NYSE: WTR) and, at these levels, Chevron Corp (NYSE: CVX). I like Verizon too.
Income: Brookfield Renewable Energy, Northeast Utilities (NYSE: NU), Enterprise Products Partners LP (NYSE: EPD), Plains All American Pipeline Partners LP (NYSE: PAA), Pembina Pipeline.
- [By Paul Ausick]
It is a safe bet that consumers are unlikely to see a drop in the price they pay at the pump. The CEO of Chevron Corp. (NYSE: CVX) told a gathering of energy industry executives in Houston that labor and capital costs have doubled in the past 10 years and that “the new reality for our industry is that costs have caught up to revenues for many classes of products.” Here’s the money quote:
- [By Dimitra DeFotis]
Adams’ partial list of potential losers:
BP (BP) : the highest profile potential loser. It owns 19.75% of Russian energy giant Rosneft, which accounted a third of BP’s production in the fourth quarter. Sanctions that inhibit oil and gas flows to Europe, or banking/capital flows, would “hit Rosneft and BP early and hard.” An offset: there could be an uptick in demand for a pipeline 30% owned and operated by BP because it transports Azerbaijan oil through Georgia and Turkey to the Mediterranean — a southern route avoiding Georgia and Ukraine. Chevron (CVX) pipeline investments could be stymied. It also signed a 50-year agreement to explore for and develop oil and gas in western Ukraine, involving up to $10 billion of investment. “A Russian takeover spikes that deal,” Adams says. Oilfield services companies Halliburton (HAL), Baker Hughes (BHI), and Weatherford International (WFT) all do business in Russia that could be prohibited if it is labeled a rogue nation.
The crisis in Ukraine and Russia’s tactics make U.S. assets look more secure and more valuable: some U.S. refiners that could export fuel, utility holding companies that could export liquefied natural gas, and related pipeline companies could see even more benefits, longer-term, from the North American fracking and horizontal drilling boom. But approval of the TransCanada (TRP) Keystone XL pipeline is a necessary piece of that equation, Adams writes.
Top Blue Chip Stocks For 2015: Colgate-Palmolive Company(CL)
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360 Advisors’ Opinion:
- [By TaniaC]
Colgate-Palmolive Company (CL) is a consumer products company whose products are marketed in over 200 countries and territories throughout the world. It operates in two segments: Oral, Personal and Home Care and Pet Nutrition.
- [By Dan Caplinger]
Procter & Gamble (NYSE: PG ) will release its quarterly report on Friday, and investors have watched the stock hit new all-time record highs in November before falling back in the past two months. Despite the optimism, Procter & Gamble earnings face pressure from international giant Unilever (NYSE: UL ) as well as domestic rivals Colgate-Palmolive (NYSE: CL ) and Kimberly-Clark (NYSE: KMB ) . The question facing investors is whether P&G can sustain its longtime competitive advantages against its rivals and bolster its growth.
Top Blue Chip Stocks For 2015: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
- [By Paul Ausick]
More than offsetting the drop in Disney stock, Visa Inc. (NYSE: V) saw its share price rise 0.71% today and the stock’s high per share price carries a lot of weight on the DJIA. The stock will close at around $225.46 in a 52-week range of $155.68 to $235.50. Volume was almost 50% below the daily average of around nearly 3.4 million shares traded.
- [By Lawrence Meyers]
First, this information tells us that consumers are using their credit cards at increasing rates. Consequently, the no-brainer stocks to buy are credit card stocks. I personally prefer Visa (V) and Mastercard (MA), because they both have the largest market shares.
- [By Bloomberg]
Scott Eells/Bloomberg via Getty Images American Express (AXP) is seeking to broaden its customer base by offering its first no-fee credit product that grants holders access to all of the lender’s rewards programs. The “EveryDay” card is AmEx’s biggest debut in terms of the amount of money spent on development and marketing since AmEx launched its “Blue” brand in 2000, according to Ed Gilligan, president of AmEx. The card issuer, already the biggest by purchases, is seeking new kinds of customers including U.S. mothers by offering incentives such as extra points for shopping at supermarkets, Gilligan said. “This segment didn’t think AmEx had a product that fit their needs,” Gilligan said in an interview at the firm’s New York headquarters. AmEx, whose business was built on charge cards that didn’t allow consumers to carry a balance, is seeking ways to increase loans and net interest income, which Gilligan has said comprise a smaller part of revenue than for competitors. Loans are increasing at AmEx slightly faster than the rest of the industry and they’re regarded as an important source of future revenue growth, he told analysts last month. Unlike with AmEx’s charge cards, EveryDay customers will have a spending limit and won’t be required to pay their balance in full each month, according to AmEx. They also won’t get extra perks such as earning triple rewards for travel and dining or access to entertainment events that are available to some customers who pay an annual fee on other types of cards. Terms call for the new card to carry a zero-percent interest rate for the first 15 months and 12.99 percent to 21.99 percent afterward, according to the company. Customers will have access to the full rewards program, which includes perks like transferring travel points that aren’t available on other AmEx products that don’t have an annual fee such as Blue, the firm said. The new card comes with EMV anti-fraud technology — named for founders EuroPay Interna
- [By Ben Levisohn]
After last week’s record high, the S&P 500 looked poised for a breakout. Then reality took over, as Russian troops landed in Ukraine, world markets shuddered, and U.S. stocks followed suit thanks to drops in 3M (MMM), Visa (V) and Walt Disney (DIS).
Top Blue Chip Stocks For 2015: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is base d in Armonk, New York.
- [By Philip Springer]
What’s this week’s big story for investors?
Candidate #1: RadioShack (NYSE: RSH) said it will close up to 1,100 of its nearly 5,200 US stores amid widening losses. The company also announced that revenue in the fourth quarter of 2013 fell 20 percent from year-earlier levels.
It doesn’t matter whether the latest announcement is in addition to or merely an expansion of the company’s Feb. 5 statement that it would close 500 stores. That, in turn, shortly followed the beleaguered company’s $4 million expenditure for a widely praised but clearly ill-timed 30-second ad during the Super Bowl.
Also this week, Radio Shack agreed to pay its top executives “retention” bonuses, saying their skills are critical to the company’s comeback plan. CEO Joe Magnacca will get a $500,000 payment, while other executives will receive $187,500 to $275,000.
The stock currently trades around $2, down from its 1999 peak of $61.
No, that’s not the week’s big story. But it was too good to ignore.
Candidate #2: The current bull market celebrates its fifth birthday this week, with the Standard & Poor’s 500 delivering a total return of about 175 percent during that time.
Since 1921, the median bull market has been 50 months long and has delivered 115 percent in price appreciation. So this market is older and better than most. Still, the conditions aren’t yet present to suggest the end is near. Indeed, Wednesday’s advance, the best of the year to date, was exceptional for both its breadth and heavy volume.
The five-year anniversary also means that stocks, mutual funds, exchange-traded funds, closed-end funds and so on will boast very good five-year returns. Don’t be overly impressed. Reason: Almost everybody will be a winner. (Other than Radio Shack.) But you should dig deeper: Comparisons will be useful to sort out leaders and laggards f or potential investme
- [By WALLSTCHEATSHEET]
IBM is a global technology company that provides essential products and services to companies and consumers worldwide. Hundreds of workers at a plant run by IBM have gone on strike. The stock has been struggling over the past couple of years, but is currently surging higher. Over the last four quarters, earnings have been rising while revenues have been declining, which has produced conflicting feelings among investors. Relative to its peers and sector, IBM has been a poor year-to-date performer. WAIT AND SEE what IBM does next.
Top Blue Chip Stocks For 2015: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
- [By Ben Levisohn]
Shares of Lorillard have jumped 4.6% to $51.29 at 1:32 p.m. today, while Reynolds American has gained 2.5% to $52.12 and British American Tobacco has dropped 1.1% to $107.62. Altria Group (MO), meanwhile, has risen 0.4% to $36.43 and Philip Morris International (PM) has declined 0.9% to $80.21.
- [By Kelley Wright]
Tobacco is a controversial business; but for Philip Morris International (PM), it’s a market basically unaffected by economic slowdowns or rising commodity prices, which means it is stable and defensive; a combination we can live with. We also like the $3.76 dividend, outstanding growth, and a five-year average return on equity of over 160.
- [By Laura Brodbeck]
Earnings Expected From: Credit Suisse Group (NYSE: CS), Expedia Inc. (NASDAQ: EXPE), Kellogg Company (NYSE: K), LinkedIn Corporation (NYSE: LNKD), Philip Morris International Inc. (NYSE: PM) Economic Releases Expected: French trade balance, British trade balance, eurozone consumer confidence, German industrial production, Bank of England interest rate decision, European Central Bank interest rate decision, US initial and continuing jobless claims, Chinese trade balance
- [By Tim Melvin]
Some of the traditionally defensive stocks like Phillip Morris International (PM) and Merck (MRK) also fail our test for operating conditions and financial changes. Yield chasers have also pushed the value of their shares to unsustainable levels, and are unlikely to see much more than mid- to low-single-digit profit growth for several years.