Archives for September 2014

September 2014 - Page 18 of 23 - Money Morning - Only the News You Can Profit From

It's Time to Get a Bargain on Apple

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Ed Butowsky is going to owe me a steak dinner.

Butowsky is the managing partner at Chapwood Investments. He’s a good guy. And we often cross paths during our appearances on cable finance programs.

During our most recent get-together, we got into a spirited debate about one of my favorite tech stocks: Apple Inc.

As you folks know, last year I predicted that Apple would hit $1,000 a share ($142.85 post-split) by Labor Day 2016. And I’ve doggedly stuck with that projection.

Butowsky likes Apple, too. But he argues that intense competition will keep the share price from hitting my target anytime soon.

So the wealth manager and I decided to settle this good-natured disagreement the only way possible: with a steak-dinner bet.

When my deadline rolls around, I’m betting I’ll be dining on my favorite meal… Ed – I like my filet mignon cooked medium rare.

But you’ll be an even bigger winner…

Full Story

DJIA Today Dips on Energy News, plus AAPL Slips Further Ahead of Big Reveal

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The DJIA today dipped due to a slide in energy prices, and U.S. stocks were mixed overall. Global growth concerns weighed heavily on crude oil prices, with Brent crude prices slipping below $100 per barrel for the first time in more than a year.

This dragged down prices of global producers and oilfield service providers such as BP (NYSE: BP) and Schlumberger (NYSE: SLB).

Here are the top stories in the stock market today…

Cybersecurity Investment More Important Than Ever After Latest Data Breaches

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A number of recent high-profile data breaches have turned the spotlight on the growing threat of cyberattacks and the need for increased cybersecurity investment.

In the first three months of 2014, 254 data breaches occurred, resulting in more than 200 million data records lost or stolen. That's a whopping 233% year-over-year increase, according to data security company SafeNet.

A few recent examples make this all too clear...

Why Google's (Nasdaq: GOOG) European Privacy Debates Are Pure Genius

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Starting Tuesday, Google (Nasdaq: GOOG, GOOGL) will host the first of seven meetings to debate a controversial Internet privacy law imposed by the European Union. The move is the company's latest stroke of genius, but this time, Google's not crafting a futuristic new product. It's solving a way to deliver the perfect balance between privacy and freedom of information to users.

It’s going to use crowdsourcing…

Is a Stock Market Correction Coming?

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More than three years have passed without a stock market correction, and this has investors, traders, analysts, and economists wondering when one will occur.

Even with interest rates sitting at rock-bottom levels and earning next to nothing for savers, right now, sitting on cash isn't a terrible thing.

Here’s why so many big-name investors have kept cash hordes growing instead of invested – this will have a major impact on your money…

Silver Futures Market Is Keeping Silver Prices Down - but Not for Long

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Silver futures activity has been smothering prices, with the white metal trading down seven of the last eight weeks as it nears three-month lows.

And not surprisingly, speculators have taken center stage in this protracted bear session, adding to their short positions for the fifth straight week.

Here’s why, despite all those discouraging factors, silver is still primed for a rise in the coming weeks…

Investing in Water Stocks: Five Dividend-Paying Utilities

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One of the adages of investing is to look for things that people absolutely must have, and nothing fits that definition more than water. And with droughts and water shortages becoming increasingly common, investing in water stocks – particularly water utilities that pay dividends — makes more sense than ever.

When it comes to investing in water stocks, dividend-paying utilities are a particularly good option.

Here are five water utilities that all offer a yield of at least 2.6%...

Alibaba IPO Price Revealed - What Will Drive BABA Stock Higher

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The Alibaba IPO price could reach as high as $24.3 billion, after Alibaba Group Holding Ltd. (NYSE: BABA) announced Friday that it will be pricing its shares between $60 and $66 per share.

At the midpoint of that range, the company will have a valuation of approximately $155 billion.

Some analysts are calling that price range "conservative."

But there’s reason to believe Alibaba stock could climb much higher following the IPO…

Alibaba IPO Price Update Is Biggest Story in the Stock Market Today

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Stock market today, Sept. 8, 2014: U.S. stock markets rallied Friday to end the week on a high note, with the S&P 500 and the Dow Jones Industrial Average both logging their fifth consecutive weekly gains.

Although a lackluster jobs report indicates that hiring slowed in August, with the economy adding a meager 142,000 jobs, investors saw a silver lining in the eight-month hiring low: The structural weakness in the jobs sector likely means the U.S. Federal Reserve will hold off on raising interest rates in the near term.