These Four Stocks Remain In Uptrends Despite Market Sell-Off

This week’s sudden up move back to the May/June peak is the result of buyers returning on the news that Saudi Arabia and its partners would be cutting oil production. That would mean higher petroleum prices which would make Murphy and other companies in that sector more profitable.

The company is already doing well, earnings this year are up by 93.70% and its past 5-year record shows growth of 21.70%. MKM Partners analysts established a “buy” rating for the stock back in June with a then price target of $38. Murphy Oil pays a 2.30% dividend.Unum Group is a life insurance company with U. S. corporate headquarters in Chattanooga, Tennessee. It has a value stock profile with the price-earnings ratio of 7.62 and trading at a 14% discount to book.

Unum pays a 3.17% dividend. Raymond James initiated coverage in September with a “market perform” rating. In May, CitigroupFor comparison to the market as a whole, here’sNot investment advice. For educational purposes only.

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The drop in expected S&P earnings is in the sweet spot for big stock-market gains over the next 12 monthsIt’s good news that the S&P 500’s earnings per share in the fourth quarter will likely be significantly lower than in the fourth quarter of last year, MktwHulbert explains. MktwHulbert “BeCaUsE FeD PiVoT.”
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »