Featured Stock in January’s Exec Comp & ROIC Model Portfolio
Best Ideas 2020: ICU Medical Inc. (ICUI)
Five Best-Performing Healthcare Services Stocks Returned 24% in 2019
There are 18 healthcare services companies and two healthcare REITs listed on SGX with a combined market capitalisation of about S$25 billion. They operate patient care services and facilities, both locally and worldwide.
Intel made its way through chip after chip last quarter, and its relentless hours of commitment paid off: the world’s largest microchip-maker reported a powered-up outlook for 2020 late last week, and its shares rose over 7%.
3 Microsoft-Heavy ETFs To Watch Ahead Of Earnings
In what will be a brisk week of earnings reports from the always widely watched technology sector, the largest sector weight in the S&P 500, MSFT is one of the names stepping into the earnings confessional.
UK Sparks: AstraZeneca Sells Hypertension drugs for $390m
AstraZeneca is selling the global commercial rights to five branded pharmaceutical products to Atnahs Pharma, a specialty pharmaceutical business majority-owned by funds advised by Triton Partners, for up to $390m. Included in the deal are beta-blockers Inderal and Tenormin, plus Tenoretic, which is used to treat high blood pressure, and hypertension drugs Zestril and Zestoretic.
Three Stocks That Could Surprise During Earnings Season
Whirlpool Data Signals Growth Plans in Wake of US-China Trade Deal
Whirlpool ($NYSE:WHR) has a new CEO, who’s got the sense to admit that A) the Trade War didn’t help Whirlpool, and B) it was forced to pass price increases along to consumers.
UK Sparks: Smith & Nephew Snaps Up Tusker
Healthcare technology company Smith & Nephew has acquired California’s Tusker Medical for an undisclosed cash sum. Tusker has developed the Tula System, a new way of delivering “ear tubes” to treat recurrent or persistent ear infections. The device claims to be the first system that can be used to place ear tubes in young children using local anaesthesia at a doctor’s surgery.
FuelCell Plunges on Bigger Than Expected Loss, Revenue Miss
Shares of FuelCell (FCEL) are sliding on Wednesday after the company reported wider than expected fourth quarter losses per share and revenue that came in below consensus estimates.
Investors weren’t left feeling particularly fresh on Wednesday after global healthcare and consumer products giant Johnson & Johnson (J&J) Suda-fed them fourth-quarter sales that fell short of expectations.
Global Stocks Drop As Coronavirus Spreads Internationally, Trump Threatens EU Sanctions
Markets in Asia dropped significantly on Thursday as the novel coronavirus continues to spread ahead of the Chinese new lunar year. The European Union markets faced the additional burden of renewed threats from the United States President Donald Trump.
UK Sparks: ASOS revenues backed by record Black Friday sales
Online fashion and cosmetic retailer ASOS has issued a trading update for the four months ended December 2019, posting group revenues at £1,106m, up 20% year-on-year. This was supported by solid performance across all regions, which reflects a record Black Friday and strong customer engagement activity throughout the period. Gross margin declined 170 bp year-on-year, affected by US duties and investment in customer acquisition as planned.
Economist Perspective: What Will Drive Equities in 2020?
Tesla Hits $100B Market Cap, Gerber Says Stock Is ‘Correctly Valued Now’
Tesla Inc.’s TSLA stock is trading higher by 5% Wednesday morning, pushing its valuation over $100 billion. The surge was preceded by a 7.19% higher close in Tuesday’s session, after New Street Research raised the electric vehicle maker’s price target from $530 to $800.
Stuck on Happy Ways
Since yesterday, the death toll from the coronavirus has increased to nine and the number of confirmed cases has increased to 440. You know what else has increased? The futures for the major indices. Currently, the S&P futures are up 13 points and are trading 0.4% above fair value.
UK Sparks: Change At The Top At Sainsbury’s
Supermarkets group J Sainsbury has announced that chief executive Mike Coupe will retire at the end of May after six years in the position and 15 years at the group. He will be succeeded by retail and operations director Simon Roberts, 48, a former executive at Walgreens Boots Alliance and Marks & Spencer. Mr Coupe led the company’s £1.4bn takeover of Argos and its unsuccessful attempt to merge with Asda last year. He says it was a “very difficult decision” to step down. Chairman Martin Scicluna says Mr Coupe is an “exceptional” chief executive” who has been “bold and ambitious”at the company.
Active Stocks in Early Jan – AusGroup Led Returns & Turnover Growth
Singapore’s 50 most actively traded stocks of early 2020 averaged a 2% return over the first 12 sessions of January, with performances led by AusGroup, Keppel DC REIT, Mapletree Industrial Trust, CapitaLand Commercial Trust and AEM Holdings.
Equity Uptrend Likely to Continue
UK Sparks: TalkTalk Sells Fibre Broadband Unit For £200m
TalkTalk Telecom Group has agreed to sell its broadband fibre business FibreNation to CityFibre, the UK’s third national digital infrastructure platform, for £200m. Chief executive Tristia Harrison says the disposal, which includes a long-term wholesale supply agreement, will allow TalkTalk to accelerate fibre growth for residential and business customers. CityFibre, which has fibre networks in more than 60 UK cities and towns, is jointly controlled by Antin Infrastructure Partners and West Street Infrastructure Partners.
UK Sparks: BAE To Pay $2.2bn For US Takeovers
BAE Systems has announced two cash acquisitions in the US, paying $1.93bn for Collins Aerospace’s military global positioning system business and $275m for Raytheon’s airborne tactical radios operation. Both deals are subject to the completion of the merger of Raytheon and United Technologies. BAE says the takeovers represent a “unique opportunity” to purchase “high-quality, technology-based businesses with market-leading capabilities and long histories of pioneering innovation in their field”.
Airlines Are Racing to Get Consumers’ Approval in The App Store
Market GPS: Stay Focused on Long-Term Growth Themes
Doug Rao and Nick Schommer believe it is important to balance near-term optimism for equities in 2020 with a focus on long-term themes. A trade truce between the U.S. and China has provided near-term optimism, which could boost earnings growth in 2020 as global supply chains are refilled.
Schwab’s Results Show Downward Pressure on Revenue
Wide-moat-rated Charles Schwab (SCHW) reported fairly strong fourth-quarter and yearly results, but pressure in net interest income has already started. That said, 2020 earnings will be bolstered by Schwab’s pending acquisition of USAA’s brokerage business, as well as the recently announced merger with TD Ameritrade.
Profit Takes a Nap
There is a huge trend at the moment in consumers taking advantage of loss making venture capital-backed startups. Famously, people subscribe to and then cancel trials of multiple meal kit deliveries to buy food, and now they even subscribe to, trial, and then return bedding.
UK Sparks: American Growth Boosts Experian
Credit-checking group Experian saw revenues increase by 7% in the last three months of 2019, driven by strong growth in America. The company says in a trading update that revenues rose by 11% in North America and by 10% in Latin America. Revenues fell by 3% in the UK and Ireland and by 4% in Europe, the Middle East, Africa and Asia Pacific. Chief executive Brian Cassin says the performance represents “another quarter of good growth”. The company says its guidance for its full-year results remains unchanged.
Low Volatility Equities: Why Now, Why Active?
Beyond Meat Slips as Analyst Says Growth Potential Priced In, Cuts Rating
Beyond shares have been rising recently after McDonald’s said it was expanding test of its plant-based burger in Canada. Bernstein analyst Alexia Howard downgraded Beyond Meat (BYND) to Market Perform on valuation following the recent stock outperformance.