|Bid||190.79 x 800|
|Ask||190.85 x 800|
|Day's Range||189.23 - 191.37|
|52 Week Range||133.93 - 214.17|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||34.35|
|Earnings Date||Jul. 21, 2020 - Jul. 27, 2020|
|Forward Dividend & Yield||1.20 (0.63%)|
|Ex-Dividend Date||May 13, 2020|
|1y Target Est||200.50|
In this episode of Influencers, Yahoo Finance's Editor-in-Chief Andy Serwer speaks with New York Stock Exchange President, Stacey Cunningham to discuss the U.S. economy, the stock market, and America’s path to recovery.
All major indexes are moving higher around Tuesday's opening bell as more states begin to reopen. Ted Chang, Thornburg Portfolio Manager, joins Yahoo Finance to discuss what companies he's keeping an eye on, in addition to what companies he thinks will grow in the coming years.
The key characteristics of companies that can stand the test of time include a long runway for growth, a dominant market position, and a large and untapped addressable market. Amazon clocked up net sales of $75.5 billion during the previous quarter, up 26.6% year over year, while generating trailing twelve-month free cash flow of $24.3 billion. Amazon's dominance should allow it to continue to grow over the long term, as more countries industrialize and more consumers switch to e-commerce.
Whether it was for the tax deduction and deferred taxable gains of a traditional IRA or the future tax-free gains of a Roth IRA (after you wait five years and reach age 59 and a half, of course), that contribution will yield rich rewards down the road. Three options that could be great for your IRA are salesforce.com (NYSE: CRM), Visa (NYSE: V), and Alibaba (NYSE: BABA). For years now, cloud computing has been picking up steam and fueling "digital transformation" -- a catch-all phrase for organizations looking to update their operations for the 21st century.
On May 15, some of the world's best investors -- including the "Oracle of Omaha," Warren Buffett himself -- had to file their quarterly 13F forms with the Securities and Exchange Commission. It offers a window into what top investors have been buying, selling, and leaving alone. Here are three stocks that top investors have recently been buying, and some reasons why you might want to do the same.
The world's largest payments network is looking at bringing employees back to offices on a site-by-site basis in stages, said Kelly in a LinkedIn post on Tuesday. Rival firm American Express Co said on Monday that a majority of their employees can continue working remotely for the rest of the year, while payments technology company Square Inc offered most of its workforce the option to work from home permanently.
Investors who are looking for good dividend stocks don't have to forgo the possibility of earning capital appreciation along the way. While many dividend stocks may sometimes offer mediocre returns, some have real potential. Eli Lilly (NYSE: LLY) is up 20% since the start of 2020, as the drug manufacturer's been a stable buy during a very volatile year thus far.
AGNC Investment Corp. (NASDAQ: AGNC) is a mortgage real estate investment trust (mREIT) that specializes in mortgage-backed securities guaranteed by the U.S. government. Like every other mortgage REIT over the past couple months, AGNC has taken its lumps as margin calls have forced it to deleverage.
The Visa Foundation today announced its approval of $2 million in COVID-19 relief grants for organizations in the U.S. and Canada.
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Jason Moser, Andy Cross, and Aaron Bush about the latest news from Wall Street and they go through some earnings reports from a variety of industries. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Chris Hill: We're going to begin, once again, with the big macro.
Investing in stocks by itself is risky, but stocks can also make you filthy rich if you can cherry-pick the right ones and own them for long periods of time. When it comes to risk, stocks in defensive sectors, with strong competitive advantages, financial fortitude, and a commitment to shareholders, stand a better chance to survive a downturn. Water is a necessity, and that's exactly what makes American States Water (NYSE: AWR) a no-brainer low-risk stock.
Shares of Eros International (NYSE: EROS) were climbing higher on Friday after announcing a new partnership with Visa (NYSE: V) in India, strengthening its leadership position in the country. The Visa partnership is the only news specific to Eros explaining the stock's move. Eros International offers a top streaming service in India called Eros Now.
(Bloomberg) -- Shares of PayPal Holdings Inc. rallied as much as 13%, reaching a record high in early trading on Thursday, with analysts zeroing in on the payments company’s strong April trends and growth in electronic transactions across the board.Square Inc. rose as much as 8.6% to the highest since early March, as it benefited from some of that, too. But worries about credit and its small-and-medium sized business market factored in as well.Both are outperforming the market so far this year, with PayPal soaring 34% and Square up 19%, even as the S&P 500 has shed 11%, stung by the economic impacts of the Covid-19 pandemic.Here’s a sample of the latest commentary:Morgan Stanley, James FaucetteFor PayPal, “April really took off,” Faucette wrote in a note, “as consumers settled into modified behaviors.”Surging online activity and changes in behavior mean there’s a chance the firm can boost offline acceptance, which is key to maintaining its “pole position in the development of digital wallet services,” he said. That’s along with a big jump in new account activations, which quickened the pace of existing business growth.On the other hand, the downturn “makes Square look like a bank,” Faucette said, with loss reserves wiping out profit. Plus, there’s a looming “bank-like fall in loans to merchant borrowers,” while Cash App, which offers consumers bank-like services, had good results. He added that the Paycheck Protection Program gave Square Capital revenues “minor relief.”Faucette rates PayPal shares overweight and Square equal-weight.MoffettNathanson, Lisa EllisEllis flagged PayPal’s disclosure that May 1 was the company’s single largest volume day in its history, topping last Black Friday and Cyber Monday, while April core checkout button volumes rose more 43%, more than double pre-crisis growth rates.“In a sea of quite depressing payments results,” with Visa Inc. and Mastercard Inc. global card volumes trending down 20% to 25% through April, “God Bless the PayPal Checkout Button,” she said. “How goes the Checkout Button, goes PayPal.” She rates shares buy, with a target price of $170.Compass Point, Michael Del GrossoPayPal’s “April update was all that mattered and it didn’t disappoint,” Del Grosso wrote. Also, management commentary pointing to “durable” consumer shifts to online spending bolstered his view that the “current crisis only accelerated the longer-term, secular, consumer shift to e-commerce.”Del Gross sees PayPal as a “longer-term winner post-Covid.”However, Square’s expenses were materially higher than forecast due to a higher loan loss provision, and April’s worse-than-expected gross payment volume update signaled “material deceleration.” Plus, April’s Cash App new user growth may be “transitory once the effects of stimulus payments wane,” he added.He rates PayPal shares buy, with a target of $150; rates Square sell, with a target of $50.Guggenheim, Jeff Cantwell“Payment flows are shifting to e-commerce and digital as the world economy reorganizes in response to Covid-19,” Cantwell wrote, leaving PayPal “extremely well-positioned to grow TPV rapidly.”Bullish developments included adding a record number of net new active users in April at 7.4 million and record levels of customer engagement on the platform. Cantwell raised his PayPal price target to $152 from $123 and rates shares buy.KBW, Sanjay Sakhrani“We believe the payments industry is a beneficiary of the post Covid-19 changes society will implement, which will include a diminishing dependence on cash and check usage,” Sakhrani wrote. “Within that paradigm, PayPal should be a disproportionate beneficiary.” He rates shares outperform and lifted his price target to $152 from $120.(Updates first through third paragraphs for trading.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Fintechs are a central part of the global payments ecosystem, and amidst COVID-19 have launched further into the spotlight, reporting sizable upticks in the usage of their apps1, as more people manage their money from their personal devices. Visa (NYSE: V), today, is proud to announce its continued support of the global Fintech community, having grown the Fast Track program to over 140 Fintechs2. Since expanding globally in mid-2019, the Fast Track program has grown 280%3, highlighting the surge in demand for digital payments worldwide.
The quarterly results for Visa Inc. (NYSE:V) were released last week, making it a good time to revisit its...
The proliferation of the coronavirus disease 2019 (COVID-19) within the U.S. and around the globe has led to record levels of volatility in the stock market and neck-breaking moves up and down in the major U.S. indexes. In fact, we saw the benchmark S&P 500 push into bear market territory at a quicker pace than in any previous correction in history. The thing is, you don't need to be a millionaire to make money in the stock market.