Just how contrarian are you? How to know when the onrushing herd has it right? When following Warren Buffett's credo to be greedy when others are fearful, where's the line between brave and foolhardy?
These are the self-directed questions of an investor today mulling Wall Street's most-hated trade: owning the classic American consumer-staples stocks.
Exactly how much does Wall Street hate the packaged-food and household-products group? Let's count the ways:
The shares of Campbell Soup, General Mills, Kraft Heinz, Procter & Gamble, Colgate-Palmolive and Clorox are down between 17 and 30 percent year to date, compared with a slight gain for the S&P 500. Aside from Kraft Heinz, those stocks currently carry buy ratings from one-third or fewer of the analysts who cover them versus a bit more than 50 percent buys among all large-cap stocks. Goldman Sachs strategists calculate that hedge funds collectively have a bigger bet shorting the consumer-staples stocks than owning them. An already disliked group got another kick Friday with Campbell Soup's lousy results accompanying the hasty departure of its CEO of seven years, Denise Morrison. She joins the former heads of Mondelez and General Mills in a gust of CEO turnover atop Big Food, a sign that the operating climate itself is forcing abrupt change.Top 5 Warren Buffett Stocks To Own Right Now: Shopify Inc.(SHOP)
Advisors' Opinion:- [By Neha Chamaria, Jason Hall, and Dan Caplinger]
Shopify (NYSE:SHOP) is the poster boy for growth stocks: Shares of the cloud-based e-commerce platform have returned a staggering 441% since listing in mid-2015. It's not easy to replicate those returns, but that doesn't mean there aren't other stocks out there with similar or even greater returns potential.
- [By Jon C. Ogg]
Shopify Inc. (NYSE: SHOP) was up 1.4% at $175.55 on Tuesday in reaction to earnings and shares were indicated up another 2% at $179.00 on Wednesday. RBC Capital Markets upgraded it to Outperform from Sector Perform and raised the target price to $230 from $180. Wedbush Securities reiterated its Outperform rating and $200 price target, noting that Shopify is well positioned to keep gaining its share of e-commerce wallets over time and to capture more merchants across the entire spectrum of size from aspirational to established companies to enterprise level.
- [By Jim Crumly]
As for individual stocks, Pfizer (NYSE:PFE) fell on a top-line miss and shares of Shopify (NYSE:SHOP) dropped despite the company reporting a strong quarter.
- [By Rich Duprey, Rich Smith, and Travis Hoium]
Since going public in mid-2015, e-commerce platform developer Shopify (NYSE:SHOP) has nearly quintupled in value, for around a 60% annual compounded growth rate. Of course, predicting those kinds of returns is impossible, but Shopify's business model represents a unique opportunity that hit the market at just the right time.
- [By Chris Lange]
Shopify Inc. (NYSE: SHOP) released its most recent quarterly report before the markets opened on Thursday. The company said that it had a net loss of $0.03 per share on $222.8 million in revenue, compared with consensus estimates that called for earnings of $0.05 per share $209.28 million in revenue. The same period of last year reportedly had no earnings and revenue of $130.38 million in.
Top 5 Warren Buffett Stocks To Own Right Now: Potash Corporation of Saskatchewan Inc.(POT)
Advisors' Opinion:- [By Joseph Griffin]
PotCoin (CURRENCY:POT) traded 0.6% higher against the US dollar during the 24 hour period ending at 23:00 PM E.T. on May 12th. PotCoin has a total market capitalization of $23.95 million and approximately $62,522.00 worth of PotCoin was traded on exchanges in the last 24 hours. During the last seven days, PotCoin has traded 17.8% lower against the US dollar. One PotCoin coin can now be purchased for approximately $0.11 or 0.00001293 BTC on popular cryptocurrency exchanges including Cryptopia, CoinExchange, Trade By Trade and Tux Exchange.
- [By Ethan Ryder]
Headlines about Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) have trended positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Potash Co. of Saskatchewan earned a news impact score of 0.43 on Accern’s scale. Accern also gave media coverage about the fertilizer maker an impact score of 45.4285202328488 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
- [By Shane Hupp]
Media stories about Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Potash Co. of Saskatchewan earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the fertilizer maker an impact score of 45.852138495875 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
- [By Max Byerly]
PotCoin (CURRENCY:POT) traded 4% lower against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on June 4th. PotCoin has a total market capitalization of $18.72 million and approximately $73,221.00 worth of PotCoin was traded on exchanges in the last 24 hours. In the last seven days, PotCoin has traded up 2.6% against the U.S. dollar. One PotCoin coin can now be purchased for approximately $0.0850 or 0.00001147 BTC on exchanges including CoinExchange, Tux Exchange, Trade By Trade and Bleutrade.
Top 5 Warren Buffett Stocks To Own Right Now: Caterpillar, Inc.(CAT)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on Caterpillar (CAT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Caterpillar (CAT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Paul Ausick]
Caterpillar Inc. (NYSE: CAT) traded up 2.13% at $159.02. The stock’s 52-week range is $101.81 to $173.24. Volume was about equal to the daily average of around 5.4 million. The company had no specific news today, but another big exporter gets a bump from the easing of tensions with China.
- [By ]
U.S. stocks finished sharply lower on Tuesday as earnings from Caterpillar Inc. (CAT) , despite rising, disappointed investors as the heavy machinery maker said material cost increases this year likely will come in above estimates because of higher steel prices.
- [By Paul Ausick]
The second-worst Dow stock so far this year is Goldman Sachs Group Inc. (NYSE: GS), which is down 16.1%. That is followed by 3M Co. (NYSE: MMM), down 15.8%, Procter & Gamble Co. (NYSE: PG), down 14%, and Caterpillar Inc. (NYSE: CAT), down 9.8%. Of the 30 Dow stocks, 14 trade lower so far in 2018.
- [By Paul Ausick]
The Dow stock posting the largest daily percentage gain ahead of the close Friday was Caterpillar Inc. (NYSE: CAT) which traded up 2.47% at $139.63 in a 52-week range of $112.69 to $173.24. Volume was about 20% above the daily average of around 4.4 million shares.
Top 5 Warren Buffett Stocks To Own Right Now: Pebblebrook Hotel Trust(PEB)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Pebblebrook Hotel (PEB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Pebblebrook Hotel Trust (PEB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus rating of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $36.19.
Top 5 Warren Buffett Stocks To Own Right Now: Fiat Chrysler Automobiles N.V.(FCAU)
Advisors' Opinion:- [By Paul Ausick]
Of the Detroit Three, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) saw its January market share in the EU dip from 6.7% in 2018 to 6.0%. Unit sales totaled 71,310, down by 14.9% year over year. Sales of the Fiat brand fell by 19.6%, while Jeep sales dropped by 1.9%.
- [By Rich Duprey]
The aftermarket segment remains the real weak spot for the powersports vehicle manufacturer. I was never very keen on the acquisition in part because it bought into a weakening market for Jeeps and light-duty trucks. Despite the massive 45% gain Fiat Chrysler (NYSE:FCAU) scored in Jeep sales in March (it was the brand's biggest gain ever), sales had been down 11% in 2017 as fleet sales were reduced, suggesting TAP's performance for Polaris could be a volatile one.
- [By Elizabeth Balboa]
The correlation is meaningful to companies like General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU), both of which have long shifted investment from passenger cars toward higher-margin and better-selling trucks and SUVs.
- [By Danny Vena]
Waymo, the self-driving subsidiary of Google-parent Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), took its first delivery of 100 Chrysler Pacifica minivans supplied by Fiat Chrysler Automobiles (NYSE:FCAU) in December of 2016, adding an additional 500 to its corral in April 2017. Earlier this year, the companies announced that Waymo would be adding "thousands" more minivans to its fleet, though it didn't specify how many.
- [By Ethan Ryder]
Shares of Fiat Chrysler Automobiles (NYSE:FCAU) gapped up before the market opened on Thursday . The stock had previously closed at $20.62, but opened at $21.17. Fiat Chrysler Automobiles shares last traded at $21.39, with a volume of 6406287 shares traded.
- [By Garrett Baldwin]
Markets have been under pressure once again by the U.S. Federal Reserve. Inflation levels are going through the roof… but the people in charge of managing it have been lying to Americans for years. Now it's time to get even. Money Morning Liquidity Specialist Lee Adler has the perfect way to make a lot of money when no one is looking. Read it here.
The Top Stock Market Stories for Tuesday Despite all of the political noise, both China and the United States have agreed to take a step back and seriously pursue talks that may prevent further tariff impositions. The biggest development on the trade front is that the Trump administration is considering a plan to lift a sales ban on Chinese mobile giant ZTE. Shares of Micron Technology Inc. (Nasdaq: MU) are pushing higher after the company announced a $10 billion plan to buy back stock. Micron reported earnings on Monday, and the Boise-based firm easily topped Wall Street expectations. Facebook Inc. (Nasdaq: FB) was pushing a bit higher on Tuesday as the firm prepared to address data privacy issues in Europe. The social media giant's CEO, Mark Zuckerberg, is set to speak before European lawmakers this morning. Zuckerberg will testify this morning, just three days after the European Union enforced more stringent laws on consumer data protection. Three Stocks to Watch Today: GM, KSS, TSLA Shares of General Motors Co. (NYSE: GM) were pushing higher after the auto giant reported that China will be lifting restrictions on U.S. automotive parts and cars. But GM isn't the only beneficiary. Look for shares of Ford Motor Co. (NYSE: F) and Fiat Chrysler Automobiles NV (Nasdaq: FCAU) to also get a boost out of the Chinese economy. Shares of Kohl's Corp. (NYSE: KSS) popped 5% after the firm beat earnings expectations and easily topped same-store sales during the first quarter. The company also raised its 2019 earnings numbers, which helped fuel investor sentiment. Shares of Tesla Inc. (Nasdaq: TSLA) are in focus
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