But there is one tiny piece of the bullish puzzle missing in the bull's latest run for the roses: Virtually every stock index with name-recognition has notched a new record high except the blue chip Dow Jones industrial average.
The Standard & Poor's 500 made news Thursday after posting a fresh closing record. The small-fry Russell 2000 stock index was already in new-high territory, as was the Wilshire 5000 index, to name a few.
But despite a 74-point jump to 16,272.65 on Thursday, the Dow remains more than 304 points, or 1.8%, below its Dec. 31, 2013, record close of 16,576.66.
The Dow is lagging, and that's a negative. Wall Street likes it better when all the hot-shot indexes are powering to new highs at the same time.
Top 5 Cheap Stocks To Invest In 2016: Apple Inc.(AAPL)
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Getty Images "People think you can just walk right in," the bemused security guard said to his co-worker, who snickered, shook his head and returned to his outpost under the tented area outside the otherwise-regal entrance to the New York Stock Exchange. The dejected tourist walked away after learning that, no, there is no visitors' gallery at the exchange where he could watch what was happening inside 11 Wall Street. He then disappeared into a dense crowd of tourists. Nearby, folks posed in front of the George Washington statue at Federal Hall, across the walkway from the exchange. They aimed their camera phones curiously around Broad and Wall streets, many drawn to the enormous American flag that flies in front of the NYSE, where it has stood since shortly after the Sept. 11, 2001, terror attacks. And they wondered what was going on inside. This is supposed to be the financial capital of the world. Truth is, there's really not that much to see anymore inside these majestic halls. An exchange that used to house more than 5,000 traders shouting out their business now is a mostly docile habitat in which those still left on the floor quietly tap out orders on hand-held computers and barely make a peep at swift changes in market activity. Things indeed have changed a lot for the exchange over the past 25 years. The next 25 years-well, things could get dicey. The Future of Trading Will the exchange still exist? Will it be a museum? An office complex? An automated emporium run by robots? More importantly, will New York still be the financial capital of the world? Nobody seems quite sure, though the building itself does maintain its nostalgic appeal even if it's lost much of its relevance as a trading center. "Symbols matter," said Nicholas Colas, chief market strategist at New York-based brokerage ConvergEx. "It's important to have a symbol that people can relate to, and it's much easier to relate to a physical space. It will be important for the New York St
Top Blue Chip Stocks To Watch Right Now: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is based in Armonk, New York.
Advisors' Opinion:- [By Dan Carroll]
Fellow tech stock IBM (NYSE: IBM ) isn't having such a good day: Big Blue's shares have fallen 1.5% to rank among the top Dow laggards. The company is looking to cut costs by cutting employees, particularly after a worse-than-expected first quarter sunk the firm's stock by nearly 8% in one day back in April. The firm is planning to spend up to $1 billion on the cuts, which began today and could encompass up to 8,000 workers around the globe.
- [By Dividends4Life]
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Top Blue Chip Stocks To Watch Right Now: Visa Inc.(V)
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services. It also offers a range of payments platforms, which enable credit, charge, deferred debit, debit, and prepaid payments, as well as cash access for consumers, businesses, and government entities. The company provides its payment platforms under the Visa, Visa Electron, PLUS, and Interlink brand names. In addition, it offers value-added services, including risk management, issuer processing, loyalty, dispute management, value-added information, and CyberSource-branded services. The company is headquartered in San Francisco, California.
Advisors' Opinion:- [By MONEYMORNING.COM]
Nelms is not alone. The heads of American Express Co. (NYSE: AXP), Visa Inc. (NYSE: V) and MasterCard Inc. (NYSE: MA) have all been dismissive regarding any adverse impact the growth of Bitcoin might have on their businesses.
- [By Paul Ausick]
Visa Inc. (NYSE: V) slipped 2.41% for the day, likely on the coattails of an earnings miss by rival MasterCard In. (NYSE: MA). Consumer finance stocks were near the top of today�� sector losers. Shares closed at $215.56 in a 52-week range of $154.14 to $235.50. Volume was about 70% above the daily average of around 3 million shares.
Top Blue Chip Stocks To Watch Right Now: Philip Morris International Inc(PM)
Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States. Its international product brand line comprises Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. The company also offers its products under the A Mild, Dji Sam Soe, and A Hijau in Indonesia; Diana in Italy; Optima and Apollo-Soyuz in the Russian Federation; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. It operates primarily in the European Union, Eastern Europe, the Middle East, Africa, Asia, Canada, and Latin America. The company is based in New York, New York.
Advisors' Opinion:- [By Jonas Elmerraji]
As the second-largest tobacco company in the world, $137 billion cigarette company Philip Morris International (PM) has the whole "sin stock" thing down pat. PM owns nearly a third of the ex-China market for cigarettes, with some of the most popular global brands under its corporate umbrella. At the top of the pack is the firm's flagship Marlboro label, which accounts for more than a third of volume. Other brands include L&M, Philip Morris, and Parliament.
But don't mistake PM for the company manufacturing Marlboro cigarettes here in the U.S. -- this firm, which spun out from Altria (MO) in 2008, is 100% ex-U.S. That's actually spectacular positioning, because it means that PM is the part of legacy Altria's tobacco business that's actually still growing. At the same time that cigarette sales here in the U.S. die a slow death, PM's emerging market business is seeing quick growth rates. The combination of a sticky product (consumers don't tend to switch cigarette brands often), and premium positioning with Marlboro means that PM earns thick net profit margins (28% last year) for its trouble.
The strong dollar has been a thorn in PM's side in the last few years -- since the firm earns revenues in local currencies and then reports in dollars, any upside in the greenback presents currency risk. Even so, growth in the firm's core emerging markets has outpaced the dollar's climb in this environment. Another mitigating factor is PM's huge 4.5% dividend yield -- with low interest rates likely to persist for some time, that yield should look increasingly attractive as time wears on.
Must Read: 5 Big Stocks to Trade for Gains as QE3 Ends - [By Rich Duprey]
Global tobacco giant�Philip Morris International (NYSE: PM ) announced this morning its second-quarter dividend of $0.85 per share, the same rate it's paid for the past three quarters after raising the payout 10% from $0.77 per share.
Top Blue Chip Stocks To Watch Right Now: Colgate-Palmolive Company(CL)
Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It offers oral care products, including toothpaste, toothbrushes, and mouth rinses, as well as dental floss and pharmaceutical products for dentists and other oral health professionals; personal care products, such as liquid hand soap, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products comprising laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, dishwashing liquids, and oil soaps. The company offers its oral, personal, and home care products under the Colgate Total, Colgate Max Fresh, Colgate 360 Advisors' Opinion:
- [By TaniaC]
Colgate-Palmolive Company (CL) is a consumer products company whose products are marketed in over 200 countries and territories throughout the world. It operates in two segments: Oral, Personal and Home Care and Pet Nutrition.
- [By Dan Caplinger]
Moreover, it's starting to appear that Clorox has weathered a tough part of its business cycle. Throughout the industry, Procter & Gamble (NYSE: PG ) , Colgate-Palmolive (NYSE: CL ) , and Clorox all had to deal with rising costs for the inputs they needed to make their respective products. The companies responded by implementing price-cutting measures and passing on part of their higher costs to their customers. For its part, Clorox was able to expand its gross margins by a full percentage point, with a worse-than-normal flu season contributing to sales. Now that input-cost inflation is easing, P&G and Clorox expect to see better profitability, with growth starting to approach the faster rates that Colgate has enjoyed.
- [By Douglas A. McIntyre]
Some traditional brand powerhouses have lost ground in the Top 100 since 2009. These include BMW, FedEx Corp. (NYSE: FDX) and Colgate-Palmolive Co. (NYSE: CL).
- [By Ben Levisohn]
Shares of Procter & Gamble have dropped 3.2% during the past 12 months, lagging Unilever’s (UL) 2.5% rise, Colgate-Palmolive’s (CL) 8.7% advance and Kimberly-Clark’s (KMB) 3.1% gain.
Top Blue Chip Stocks To Watch Right Now: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Diane Bondareff/Invision for Subway/AP There were plenty of winners and losers this week on Wall Street, with one restaurant chain improving its coffee and and another one suffering a data breach. Here's a rundown of the week's smartest moves and biggest blunders. Keurig Green Mountain (GMCR) -- Winner If you're craving a really fresh cup of coffee with your next $5 footlong, Subway has an answer. It's teaming up with Keurig Green Mountain to outfit all of its nearly 30,000 sandwich shops in the U.S. and Canada with Keurig brewers to serve coffee in single-serve doses. Roughly half of Subway eateries already use Keurig brewers to make coffee to order, instead of brewing entire pots that may go unused. That Subway is adopting it chain-wide is a win for both companies, but Keurig Green Mountain will benefit more from the spike in coffee makers and K-Cup sales. P.F. Chang's -- Loser P.F. Chang's is under the heat lamp after thousands of stolen credit and debit cards appeared on an underground marketplace for swiped plastic. Reports indicate that the one thing tying the cards together is that they had all been used at the casual Chinese chain between early March through mid-May. A new company webpage offers updates. Whether or not P.F. Chang's is vindicated, the headlines are likely to keep some customers away from the growing restaurant chain that offers American tweaks to Chinese cuisine. I guess those diners wound up with a misfortune cookie at the end of their meals. Too soon? Then adding an Orange "You Glad You Didn't Eat Here This Spring" Chicken entree to the menu is probably also out of the question. Amazon (AMZN) -- Winner Amazon Prime -- the popular loyalty shopping program with more than 20 million customers paying $99 a year -- has added another free perk. Amazon is adding a digital catalog of 1.2 million music tracks for streaming. Prime Music has its limitations. Not all of the major labels aren't on board, and those that are participating ar
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