McDonald’s beats the Street
Now that’s the kind of quarter investors own McDonald’s (MCD) for.
Earnings for the third quarter, reported before the market open on Oct. 22, climbed to $1.15 a share from $1.05 in the third quarter of 2008. That was above Wall Street expectations…
A giant cash machine
Why? That’s always the first question to ask when you see a common stock like Verizon (VZ) trading with a dividend yield of 6.52%.
That’s so much higher than the yield on the Standard & Poor’s 500 index (2.1% as of last week) that any reasonable i…
When yield is not enough
In the current stock market, Enbridge (ENB) is neither fish nor fowl. And since the stock has hit my December 2009 target price of $38 a share, I’m going to sell it out of Jubak’s Picks.
Here’s what I mean by that cryptic “neither fish nor fowl” c…
Kimberly Clark Corp. Offers a Strong Defensive Position and a Generous Dividend Yield
In the last few months we have seen a very strong stock market rally. The market has recovered from highly distressed levels and posted exorbitant gains. In addition the “wall of money” from the U.S. Federal Reserve has pushed risk-prone investors back into the market, pushing its general level up.
You see, the massive fiscal stimuli and ultra-easy money from the Fed does indeed have real effects on the economy. Whether you want to call them artificial or real, the stimuli have moved and will continue to move profits, until it is withdrawn. And the timing of the deployment of the fiscal and monetary stimuli, the timing of its positive effects and the timing of its eventual removal are uncertain.
In…
The Bear Market is Not Over
Yesterday might turn out to be an important day. The market should have bounced. It didn’t. Instead, it fell 29 points. It’s September, too…a dangerous month. And this rally has already run longer than the rally following the ’29 crash.
Mr. Market can do what he wants, of course. We’re just trying to read his mind. If we were Mr. Market, what would we do? We’d give investors a fright!
Two things make us think the bear market is not over.
First, there is market history. Bear markets do not end with stocks still trading at nearly 20 times earnings and the dividend yield barely at 3%. And they don’t end when people are hoping, praying and expecting them to end. They end in…
3 blue-ribbon stocks on sale
This post comes from Morgan Housel at partner site The Motley Fool.
Even with the recent rally, it’s ugly out there. Many companies that overleveraged their balance sheets are permanently impaired and will likely never fully rebound. Citigroup (C) and …
Pointing a Finger at the Rich
Pity the poor rich! Pity the poor! Pity us all!
Here at the Daily Reckoning, we always take the part of the humble… the despised… the oppressed… and the misbegotten.
Today, that means the rich…
Yes, dear reader, the rich are getting beaten up. Maligned. Mistreated.
Their governments all have in it for them… taxes on ‘the rich’ are rising. In the US, the Democrats are talking about financing the entire nation’s health care system on the backs of the super-rich.
And their salaries are being targeted by prosecutors and politicians. No more million-dollar paydays… not with the feds looking over their shoulders. Oh… and their investment earnings are down too. The dividend yield on the stock market is scarcely 3% — try living…