Blue chip – Sweet As A Biscuit http://sweetasabiscuit.com/ Mon, 16 May 2022 17:27:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://sweetasabiscuit.com/wp-content/uploads/2021/10/icon-14-120x120.png Blue chip – Sweet As A Biscuit http://sweetasabiscuit.com/ 32 32 Most Romanian Stock Indices Start Week In The Red, Aquila Leads Prime Declines https://sweetasabiscuit.com/most-romanian-stock-indices-start-week-in-the-red-aquila-leads-prime-declines/ Mon, 16 May 2022 15:40:00 +0000 https://sweetasabiscuit.com/most-romanian-stock-indices-start-week-in-the-red-aquila-leads-prime-declines/ BUCHAREST (Romania), May 16 (SeeNews) – Romanian stock indices ended mostly in the red on Monday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB. The total turnover of BVB shares amounted to some 19.6 million lei ($4.13 million/3.96 million euros) on […]]]>

BUCHAREST (Romania), May 16 (SeeNews) – Romanian stock indices ended mostly in the red on Monday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB.

The total turnover of BVB shares amounted to some 19.6 million lei ($4.13 million/3.96 million euros) on Monday, compared to 49 million lei on Friday, the site said. BVB website.

Aquila was the first top-notch decline on Monday, losing 4.59% to 0.7060 lei.

Premier oil and gas group OMV Petrom [BSE:SNP] gained 0.45% to 0.4435 lei in the largest trading turnover during the session, of 3.3 million lei.

Banca Transilvania prime lender [BSE:TLV] rose 0.43% to 2.31 lei in the second highest turnover of the day of 3.16 million lei.

Leading producer of nuclear power plants Nuclearelectrica [BSE:SNN] lost 1.60% to 43.15 lei in the third turnover of the day of 2.27 million lei.

The details follow:

BET 12,098.92 -0.28%
BET-FI 50,152.90 1.02%
BET-NG 861.39 -0.48%
BET-XT 1,053.74 -0.15%
BET-BK 2,255.44 0.12%
BET-TR 1,936.15 -0.25%
BET-XT-TR 1,912.98 -0.12%
ROTX 26,630.50 -0.51%
BETAeRO 954.20 0.79%

BET is the first index developed by BVB and represents the benchmark index for the local capital market. BET reflects the performance of the most traded companies on the BVB regulated market, excluding financial investment companies (FIS). It now includes 20 companies.

BET-TR is the first total return index launched by BVB. It is based on the structure of the BET market benchmark. BET-TR tracks changes in the price of its component stocks and is adjusted to also reflect dividends paid by constituent companies.

BET-FI is the first sector index launched by BVB and reflects the evolution of the prices of FIS and other similar entities.

BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.

BET-NG is a sector index that reflects the evolution of all companies listed on the BVB regulated market included in the energy and related utilities sector. The maximum index weighting a company can hold is 30%.

BET-XT tracks the price changes of the 25 most quoted companies on the BVB regulated market, including FIS.

BET-XT-TR is the total return version of the BET-XT index, which includes the top 25 Romanian companies listed on the BVB.

ROTX is an index developed by BVB in collaboration with the Vienna Stock Exchange. It tracks, in real time, the price changes of top-notch shares traded on the Bucharest Stock Exchange.

BET AeRO is the first index for the AeRO market developed by BVB that reflects the price development of representative companies listed on the AeRO market that meet the criteria of liquidity and free-float market capitalization. It is a free-float, market capitalization-weighted index with a maximum weighting of 15% for an index constituent.

(1 euro = 4.9469 lei)

Banca Transilvania SA is one of the biggest banks in SEE, for more reference take a look at the top 100 banks

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Should you go for these blue chip stocks now? https://sweetasabiscuit.com/should-you-go-for-these-blue-chip-stocks-now/ Wed, 11 May 2022 14:45:51 +0000 https://sweetasabiscuit.com/should-you-go-for-these-blue-chip-stocks-now/ Share buybacks by major London-listed companies are expected to hit a record high this year. According to recent analysis by award-winning investment platform AJ Bell, London’s blue chip companies are preparing to buy their own shares worth £37billion this year. This figure is well above the peak of £34.9 billion reached four years ago. 2022 […]]]>

Share buybacks by major London-listed companies are expected to hit a record high this year. According to recent analysis by award-winning investment platform AJ Bell, London’s blue chip companies are preparing to buy their own shares worth £37billion this year. This figure is well above the peak of £34.9 billion reached four years ago.

2022 Kalkine Media®

The number of shares to be repurchased this year will be more than three times what was repurchased in 2020, when there was huge uncertainty in the market and companies faced huge financial damage. Due to the impact of the pandemic, several companies could not afford to carry out share buybacks, and some of them delayed their buyback plans.

RELATED READING: Prince Charles Hints at Energy Bill Relief, Should You Watch These Actions?

Energy giants BP and Shell are expected to opt for a share buyback worth around £9.5billion this year. Both of these companies have experienced substantial growth over the past year, primarily due to soaring oil and gas prices. Both companies recently reported record quarterly profits and therefore face the threat of a windfall tax. The UK government is considering levying the windfall tax on these oil giants to ease the burden on UK households struggling with skyrocketing energy bills.

Other blue chip companies like British American Tobacco, Diageo, Unilever, Lloyds etc. also plan to carry out share buybacks this year. Let’s look at the share price performance of 3 of these blue chip stocks.

Shell plc (LON: SHEL)

Shares of prominent British oil company Shell plc rose 2.73% at 2:43 p.m. (GMT+1) on May 11, 2022, to 2,294.50 GBX. The FTSE 100 index constituent has provided its shareholders with a return of 61.73% over the past year to 11 May 2022. The company’s current market capitalization is £167,464.96 million .

BP plc (LON: BP.)

Shares of oil and gas supermajor BP plc were up 3.37% at 2:45 p.m. (GMT+1) on May 11, 2022, at GBX 418.60. The FTSE 100 index constituent has provided its shareholders with a return of 32.67% over the past year to 11 May 2022. The company’s current market capitalization is £79,032.31 million .

RELATED READING: FTSE 100 Rebounds, Windfall Fiscal Demand Weighs Oil Stocks

British American Tobacco plc (LON: BATS)

Shares of major cigarette maker British American Tobacco plc were up 1.09% at 2:48 p.m. (GMT+1) on May 11, 2022, to 3,343.50 GBX. The FTSE 100 index constituent has provided its shareholders with a return of 18.42% over the past year to 11 May 2022. The company’s current market capitalization is £75,198.25 million .

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Romanian Stock Indices Continue to Crash, Aquila Leads Prime Decliners https://sweetasabiscuit.com/romanian-stock-indices-continue-to-crash-aquila-leads-prime-decliners/ Tue, 10 May 2022 15:37:00 +0000 https://sweetasabiscuit.com/romanian-stock-indices-continue-to-crash-aquila-leads-prime-decliners/ BUCHAREST (Romania), May 10 (SeeNews) – Romanian stock indices continued to lose ground on Tuesday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB. The total turnover of BVB shares amounted to some 33.7 million lei (7.2 million dollars/6.8 million euros) on […]]]>

BUCHAREST (Romania), May 10 (SeeNews) – Romanian stock indices continued to lose ground on Tuesday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB.

The total turnover of BVB shares amounted to some 33.7 million lei (7.2 million dollars/6.8 million euros) on Tuesday, compared to 31 million lei on Monday, said the BVB website.

Aquila led the blue-chip declines on Tuesday, shedding 2.59% to 0.7520 lei.

Premier oil and gas group OMV Petrom [BSE:SNP] lost 1.06% to 0.4650 lei in the largest trading turnover during the session, of 10.6 million lei.

Banca Transilvania prime lender [BSE:TLV] rose 0.44% to 2.26 lei in the second highest turnover of the day of 6.29 million lei.

First-rate bank BRD Societe Generale [BSE:BRD] rose 0.12% to 16.4 lei in the third highest turnover of the day of 4.88 million lei.

The details follow:

BET 12,188.03 -0.30%
BET-FI 49,025.68 -0.86%
BET-NG 866.54 -0.13%
BET-XT 1,061.32 -0.31%
BET-BK 2,253.18 -0.34%
BET-TR 22,009.96 -0.30%
BET-XT-TR 1,912.98 -0.31%
ROTX 26,996.92 -0.31%
BETAeRO 946.94 -0.26%

BET is the first index developed by BVB and represents the benchmark index for the local capital market. BET reflects the performance of the most traded companies on the BVB regulated market, excluding financial investment companies (FIS). It now includes 20 companies.

BET-TR is the first total return index launched by BVB. It is based on the structure of the BET market benchmark. BET-TR tracks changes in the price of the stocks that make it up and is adjusted to also reflect dividends paid by constituent companies.

BET-FI is the first sector index launched by BVB and reflects the evolution of the prices of FIS and other similar entities.

BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.

BET-NG is a sector index that reflects the evolution of all companies listed on the BVB regulated market included in the energy and related utilities sector. The maximum index weighting a company can hold is 30%.

BET-XT tracks the price changes of the 25 most quoted companies on the BVB regulated market, including FIS.

BET-XT-TR is the total return version of the BET-XT index, which includes the top 25 Romanian companies listed on the BVB.

ROTX is an index developed by BVB in collaboration with the Vienna Stock Exchange. It tracks, in real time, the price changes of top-notch shares traded on the Bucharest Stock Exchange.

BET AeRO is the first index for the AeRO market developed by BVB that reflects the price development of representative companies listed on the AeRO market that meet the criteria of liquidity and free-float market capitalization. It is a free-float, market capitalization-weighted index with a maximum weighting of 15% for an index constituent.

(1 euro = 4.9457 lei)

BRD – Groupe Societe Generale SA is one of the biggest banks in SEE, for more reference see Top 100 banks

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Should You Focus on These Prime Real Estate Stocks? https://sweetasabiscuit.com/should-you-focus-on-these-prime-real-estate-stocks/ Mon, 09 May 2022 06:04:16 +0000 https://sweetasabiscuit.com/should-you-focus-on-these-prime-real-estate-stocks/ Despite the government’s easing of coronavirus restrictions and the gradual reopening of the economy, several sectors have seen limited growth. The main reason behind this is the high rate of inflation, which has put great pressure on businesses as well as consumers. Rising input costs mean that companies will eventually have to pass these costs […]]]>

Despite the government’s easing of coronavirus restrictions and the gradual reopening of the economy, several sectors have seen limited growth. The main reason behind this is the high rate of inflation, which has put great pressure on businesses as well as consumers. Rising input costs mean that companies will eventually have to pass these costs on to consumers to maintain profitability.

Among the sectors affected by this situation is the construction sector. As the cost of energy, fuel and raw materials have increased, household budgets have also been affected. Additionally, the cost of borrowing has also increased with four consecutive rate hikes by the Bank of England (BoE), forcing people to postpone their home building plans.

© 2022 Kalkine Media®

According to the S&P Global/CIPS Construction Purchasing Managers’ Index (PMI), a monthly survey that assigns a score to each sector based on its performance, the construction sector in the UK stood at 58, 2 in April, down slightly from 59.1. he scored in March and February. Notably, a score above 50 marks an expansion, while anything below 50 marks a contraction. In terms of subsectors, the most resilient were commercial works and civil engineering, while residential construction saw the weakest momentum during the month of April.

Let’s take a look at some prime housing stocks and their performance.

Persimmon is a UK-based FTSE 100-listed homebuilder. It reported underlying pre-tax profit of £973m for the financial year 2021, up from £863.1m in the year previous.

The company has a market capitalization of £6,689.37 million and its shares closed at GBX 2,039.00, down 2.67% on May 6, 2022. stock fell 36.28%.

Taylor Wimpey Plc (LON: TW.)

Taylor Whimpey is one of the UK’s largest property companies and operates primarily in the UK and Spain. The company has named Jennie Daly as its new CEO who will replace Pete Redfern.

The FTSE 100-listed company has a market capitalization of £4,538.83 million. Its shares closed at 123.45 GBX, down 2.45% on May 6, 2022. Over the past year, its share price has fallen more than 31%.

Berkeley Group Holdings Plc (LON:BKG)

The Cobham-headquartered developer builds residential and mixed-use properties and is listed on the FTSE 100 Index. National Grid utilities in St William Homes LLP.

On May 6, 2022, the company’s shares closed at 4,007.00 GBX, down 2.70%, with a market capitalization of £4,585.62 million. The stock’s one-year returns stand at -14.34%

Note: The above content constitutes a very preliminary observation or view based on market trends and is of limited scope without any in-depth fundamental assessment or technical analysis. Any interest in stocks or sectors should be carefully assessed taking into account the associated risks.

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PR agency asks high-profile clients like AT&T, Coca-Cola, Netflix and more to avoid media inquiries on abortion debate https://sweetasabiscuit.com/pr-agency-asks-high-profile-clients-like-att-coca-cola-netflix-and-more-to-avoid-media-inquiries-on-abortion-debate/ Fri, 06 May 2022 17:30:16 +0000 https://sweetasabiscuit.com/pr-agency-asks-high-profile-clients-like-att-coca-cola-netflix-and-more-to-avoid-media-inquiries-on-abortion-debate/ A major public relations firm is warning its publicly traded clients to avoid commenting on the Roe v. Wade who erupted following a leaked draft of a possible Supreme Court ruling reversing the 1973 ruling. What happened: the Popular information news site got an internal rating of Zenoa division of Edelman public relations consultancy, which […]]]>

A major public relations firm is warning its publicly traded clients to avoid commenting on the Roe v. Wade who erupted following a leaked draft of a possible Supreme Court ruling reversing the 1973 ruling.

What happened: the Popular information news site got an internal rating of Zenoa division of Edelman public relations consultancy, which included what was described as a “template email to share with client contacts” regarding media inquiries related to Roe v. Wade.

“Don’t take a position you can’t reverse, especially when the decision isn’t final,” wrote Katie Cwayna, Zeno’s executive vice president for media strategy, in the memo. “This topic is a ‘50/50’ textbook issue. Topics that divide the country can sometimes be dead ends for companies because whatever they do will alienate at least 15-30% of their stakeholders… Don’t assume that all of your employees, customers or investors share your point of view.

See also: Analysis: Will Roe V. Wade bring viewers back to MSNBC and CNN?

Why is this important: Zeno’s customer base includes Astra Zeneca AZN, AT&T J, Coca Cola KO, Hershey’s HSY, netflix NFLX, Selling power RCMP, Scotts Miracle-Gro machine gun and Starbucks SBUX. In his memo, Cwayana recommended that Zeno clients avoid pitching stories to “breaking news networks/outlets” because their reporters might try to pressure the company to report. she participates in the short stories of Roe v. Wade.

“We expect the story to dominate the news feeds for the rest of the week as further details unfold, so please steer clear of reporters and outlets that focus on breaking news… Don’t not ask direct questions about your company’s position. Whether in direct messages or messages to the public, do not answer questions about your company’s position on this issue.

Photo courtesy of NARA

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2 strong blue chip ASX 200 stocks to buy after market selloff says analysts https://sweetasabiscuit.com/2-strong-blue-chip-asx-200-stocks-to-buy-after-market-selloff-says-analysts/ Fri, 06 May 2022 06:10:38 +0000 https://sweetasabiscuit.com/2-strong-blue-chip-asx-200-stocks-to-buy-after-market-selloff-says-analysts/ Image source: Getty Images While recent equity market weakness has been disappointing, one bright spot is that it has dragged a number of high-quality ASX 200 stocks to attractive levels. For example, the two ASX 200 stocks listed below were rated as buys by City and is expected to climb significantly from current levels. Here […]]]>

Image source: Getty Images

While recent equity market weakness has been disappointing, one bright spot is that it has dragged a number of high-quality ASX 200 stocks to attractive levels.

For example, the two ASX 200 stocks listed below were rated as buys by City and is expected to climb significantly from current levels. Here is what its analysts say:

The first Blue Chip ASX 200 share to consider is CSL. This biotherapy giant could be a great option for investors after the massive sell-off. Particularly given that Citi believes a number of potential positive catalysts looming on the horizon could support a rally in the stock price.

The broker commented: “Over the next six months, we expect the market to focus on strong underlying demand from the plasma market and the conclusion of the Vifor deal, both of which should result in a rise in the share price.

Citi currently has a buy rating and price target of $335.00 on the company’s stock. Based on CSL’s latest stock price of $267.72, this suggests 25% upside potential for investors.

Goodman Group is another ASX 200 stock that could be a buy after the market sell-off. It is a leading integrated commercial and industrial real estate company with a portfolio of high quality properties.

Citi is a big fan of the company and expects double-digit earnings growth over the next few years thanks to strong demand for its properties. In light of this, the broker is likely to see the recent weakness in Goodman’s stock price as an opportunity to buy this quality company at a steep discount from recent levels.

The broker said: “We continue to view guidance as conservative, with our EPS estimates increasing 5% in FY22&c. 6% afterwards. We now expect c. EPS growth of 23% in FY22 and approx. 19% CAGR EPS from FY21-FY24. Our TP increases by 5% on higher asset values ​​and higher income. GMG remains OUR first choice in the industry.

Citi has a buy rating and raises its price target to $29.50 on its shares. Based on Goodman’s current stock price of $20.67, this implies almost 43% upside potential for investors.

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Bucharest Stock Indices Continue to Crash, TeraPlast Leads Blue Chips Down https://sweetasabiscuit.com/bucharest-stock-indices-continue-to-crash-teraplast-leads-blue-chips-down/ Wed, 04 May 2022 17:42:00 +0000 https://sweetasabiscuit.com/bucharest-stock-indices-continue-to-crash-teraplast-leads-blue-chips-down/ BUCHAREST (Romania), May 4 (SeeNews) – Stock indices of the Bucharest Stock Exchange (BVB) ended Wednesday’s session in the red, as PVC pipe and fittings manufacturer TeraPlast SA [BSE:TRP] leads top-notch decliners, according to exchange data. The total turnover of BVB shares amounted to some 31 million lei ($6.5 million/6.2 million euros) on Wednesday, compared […]]]>

BUCHAREST (Romania), May 4 (SeeNews) – Stock indices of the Bucharest Stock Exchange (BVB) ended Wednesday’s session in the red, as PVC pipe and fittings manufacturer TeraPlast SA [BSE:TRP] leads top-notch decliners, according to exchange data.

The total turnover of BVB shares amounted to some 31 million lei ($6.5 million/6.2 million euros) on Wednesday, compared to 22 million lei on Tuesday, the website of the BVB said. BVB.

TeraPlast led the top-tier decliners on Wednesday, losing 3.15% to 0.7080 lei.

First class investment fund Fondul Proprietatea [BSE:FP] lost 0.73% to 2.0350 lei in the largest trading turnover during the session, of 10.4 million lei.

Banca Transilvania prime lender [BSE:TLV] fell 1.69% to 2.3250 lei in the second day’s turnover of 5.98 million lei.

nuclearelectric [BSE:SNN] share price lost 2.52% to 42.6 lei in the third highest turnover of the day of 2.95 million lei.

The details follow:

BET 12,445.70 -0.99%
BET-TR 22,469.06 -0.99%
BET-FI 49,800.38 -1.66%
BET-NG 879.66 -0.96%
BET-XT 1,083.86 -1.08%
BET-XT-TR 1,953.08 -1.08%
BET-BK 2,321.63 -1.09%
ROTX 27,495.54 -1.02%
BETAeRO 972.62 -0.89%

BET is the first index developed by BVB and represents the benchmark index for the local capital market. BET reflects the performance of the most traded companies on the BVB regulated market, excluding financial investment companies (FIS). It now includes 20 companies.

BET-TR is the first total return index launched by BVB. It is based on the structure of the BET market benchmark. BET-TR tracks changes in the price of its component stocks and is adjusted to also reflect dividends paid by constituent companies.

BET-FI is the first sector index launched by BVB and reflects the evolution of the prices of FIS and other similar entities.

BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.

BET-NG is a sector index that reflects the evolution of all companies listed on the BVB regulated market included in the energy and related utilities sector. The maximum index weighting a company can hold is 30%.

BET-XT tracks the price changes of the 25 most quoted companies on the BVB regulated market, including FIS.

BET-XT-TR is the total return version of the BET-XT index, which includes the top 25 Romanian companies listed on the BVB.

ROTX is an index developed by BVB in collaboration with the Vienna Stock Exchange. It tracks, in real time, the price changes of top-notch shares traded on the Bucharest Stock Exchange.

BET AeRO is the first index for the AeRO market developed by BVB that reflects the price development of representative companies listed on the AeRO market that meet the criteria of liquidity and free-float market capitalization. It is a free-float, market capitalization-weighted index with a maximum weighting of 15% for an index constituent.

(1 euro = 4.9471 lei)

Banca Transilvania SA is one of the biggest banks in SEE, for more reference take a look at the top 100 banks

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Romanian stock indices end mostly in the red, Aquila leads prime declines https://sweetasabiscuit.com/romanian-stock-indices-end-mostly-in-the-red-aquila-leads-prime-declines/ Tue, 03 May 2022 16:28:00 +0000 https://sweetasabiscuit.com/romanian-stock-indices-end-mostly-in-the-red-aquila-leads-prime-declines/ BUCHAREST (Romania), May 3 (SeeNews) – Most Romanian stock indices ended in the red on Tuesday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB. The total turnover of BVB shares amounted to some 22 million lei ($4.6 million/4.4 million euros) on […]]]>

BUCHAREST (Romania), May 3 (SeeNews) – Most Romanian stock indices ended in the red on Tuesday, as consumer goods distribution and logistics company Aquila [BSE:AQ] led the prime decliners, according to data from the Bucharest Stock Exchange, BVB.

The total turnover of BVB shares amounted to some 22 million lei ($4.6 million/4.4 million euros) on Tuesday, compared to 27 million lei on Monday, the website said. of the BVB.

Aquila led the blue-chip declines on Tuesday, losing 1.91% to 0.82 lei.

Banca Transilvania prime lender [BSE:TLV] lost 0.84% ​​to 2.3650 lei in the largest trading turnover during the session, of 4.36 million lei.

Societe Generale BRD lender [BSE:BRD] amounted to 17 lei in the second day’s turnover of 3.7 million lei.

Leading natural gas producer Romgaz [BSE:SNG] fell 1.36% to 43.4 lei in the third highest turnover of the day of 2.31 million lei. The company announced on Tuesday that it had signed the contract to acquire Exxon Mobil’s 50% stake in the Neptun Deep offshore project in the Black Sea for 1.06 billion dollars (1 billion euros).

The details follow:

BET 12,570.07 -0.45%
BET More 1,622.84 -0.45%
BET-FI 50,641.39 0.21%
BET-NG 888.19 -0.55%
BET-XT 1,095.72 -0.38%
BET-BK 2,347.24 -0.20%
BET-TR 22,970.09 -0.37%
BET-XT-TR 1,995.13 -0.37%
ROTX 27,778.95 -0.48%
BETAeRO 981.33 -0.65%

BET is the first index developed by BVB and represents the benchmark index for the local capital market. BET reflects the performance of the most traded companies on the BVB regulated market, excluding financial investment companies (FIS). It now includes 20 companies.

BET-TR is the first total return index launched by BVB. It is based on the structure of the BET market benchmark. BET-TR tracks changes in the price of its component stocks and is adjusted to also reflect dividends paid by constituent companies.

BET-FI is the first sector index launched by BVB and reflects the evolution of the prices of FIS and other similar entities.

BET-BK was designed to be used as a benchmark by asset managers and other institutional investors.

BET-NG is a sector index that reflects the evolution of all companies listed on the BVB regulated market included in the energy and related utilities sector. The maximum index weighting a company can hold is 30%.

BET-XT tracks the price changes of the 25 most quoted companies on the BVB regulated market, including FIS.

BET-XT-TR is the total return version of the BET-XT index, which includes the top 25 Romanian companies listed on the BVB.

ROTX is an index developed by BVB in collaboration with the Vienna Stock Exchange. It tracks, in real time, the price changes of top-notch shares traded on the Bucharest Stock Exchange.

BET AeRO is the first index for the AeRO market developed by BVB that reflects the price development of representative companies listed on the AeRO market that meet the criteria of liquidity and free-float market capitalization. It is a free-float, market capitalization-weighted index with a maximum weighting of 15% for an index constituent.

(1 euro = 4.9469 lei)

BRD – Groupe Societe Generale SA is one of the largest banks in SEE, for more reference see Top 100 banks

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History says to buy the dip on this blue chip stock https://sweetasabiscuit.com/history-says-to-buy-the-dip-on-this-blue-chip-stock/ Sun, 01 May 2022 13:52:35 +0000 https://sweetasabiscuit.com/history-says-to-buy-the-dip-on-this-blue-chip-stock/ American Express Company (NYSE:AXP) is down 2.3% to trade at $177.83 at last check. The blue-chip name has faced some volatility since its Feb. 16 high of $199.55, with at least three rallies since then below the $195 level, despite a valiant bounce off the $156 region. However, AXP is up 15.3% year-over-year, and there […]]]>

American Express Company (NYSE:AXP) is down 2.3% to trade at $177.83 at last check. The blue-chip name has faced some volatility since its Feb. 16 high of $199.55, with at least three rallies since then below the $195 level, despite a valiant bounce off the $156 region. However, AXP is up 15.3% year-over-year, and there is reason to believe it could rise further after pulling back towards a historically bullish trend line.

Specifically, American Express stock recently traded within one standard deviation of its 160-day moving average. According to data from Schaeffer’s senior quantitative analyst, Rocky White, comparable moves have occurred seven times in the past three years, with AXP posting a positive one-month return 83% of the time and averaging 7.9% jump. A similar move from its current perch would bring equity back above the $191 mark.

A shift in sentiment among brokers could create additional tailwinds for American Express shares. Of the 17 companies covered, 10 call equity a lukewarm “wait”.

The title would also benefit from an outcome of the pessimism in the options stands. This is AXP Schaeffer’s put/call open interest ratio (SOIR) of 2.13, which is above 91% of last year’s readings, suggesting options traders short term have rarely been more biased by put options.

7 Retail Stocks That Can Still Hit the Register

Despite record inflation, supply chain disruptions and increased cost pressures from rising wages, the retail sector has been one of the best performers in 2022. Currently, many retailers were able to easily pass their costs on to consumers.

The question is how long can this last? Investors will get their first clue when the monthly retail advance report for March 2022 is released on April 14, 2022. However, if you’re looking to invest in the sector, it’s important to broaden your focus. Retail sales slowed sharply in February compared to January. However, this is a time when investors need to delve into the report. While some categories are struggling, other categories are outperforming the sector and may continue to do so.

This is the subject of this special presentation. We take a look at seven retail stocks that have performed strongly so far in 2022 and have strong prospects for the rest of the year.

See the “7 retail stocks that can still ring the register”.

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2 Blue Chip Bank Stocks Canadians Can Buy and Hold Forever https://sweetasabiscuit.com/2-blue-chip-bank-stocks-canadians-can-buy-and-hold-forever/ Fri, 29 Apr 2022 17:45:00 +0000 https://sweetasabiscuit.com/2-blue-chip-bank-stocks-canadians-can-buy-and-hold-forever/ Image source: Getty Images Banks and financial institutions are essential to the economy. Although the business they run may seem complicated, the basic idea or business model is easy to understand. Over the past few months, Canadian bank stocks have lost momentum due to a variety of factors, including rising interest rates, rising inflation, geopolitical […]]]>

Image source: Getty Images

Banks and financial institutions are essential to the economy. Although the business they run may seem complicated, the basic idea or business model is easy to understand. Over the past few months, Canadian bank stocks have lost momentum due to a variety of factors, including rising interest rates, rising inflation, geopolitical tensions, and more.

While a slight rise in interest rates may reduce a bank’s lending activity, it should be offset by higher profit margins. Let’s take a look at two top bank stocks that investors can buy now and enjoy compounding gains over time.

Royal Bank of Canada

Royal Bank of Canada (TSX:RY)(NYSE:RY) is the largest company on the TSX and is valued at $186 billion by market capitalization. Over the past 10 years, RY stock has returned 236% to investors after adjusting for dividends.

In the first quarter of fiscal 2022 (ended January), Royal Bank of Canada reported earnings of $4.1 billion, a 6% year-over-year increase. It was the bank’s second-highest profit ever, with pre-tax profit also up 10% on strong customer-focused volume growth as well as record investment banking revenues and an outstanding performance from the wealth management division.

Royal Bank of Canada reported a return on equity of 17.3%, which, combined with a strong capital ratio, allowed the company to effectively deploy its capital. In the first quarter, it paid out $1.7 billion to investors through dividends and $1.3 billion through share buybacks. RY stock is down 11.5% from all-time highs, but offers investors a tasty dividend yield of 3.75%.

The company ended the first quarter with a CET1 ratio of 13.5%, indicating that it has $13 billion in excess capital, given that banks must maintain an 11% ratio. A higher CET1 ratio provides Royal Bank of Canada with the flexibility to invest in technology and accelerate the deployment of organic growth opportunities.

National bank of Canada

One of the largest banks in the country, National bank of Canada (TSX:NA) is valued at $30 billion by market cap. Over the past 10 years, NA stocks have returned more than 250% to investors, after accounting for dividend payouts. Currently, it is trading 13% below all-time highs, making it attractive to value and income investors.

In the first quarter of fiscal 2022, National Bank reported net income of $932 million, or $2.65 per share, compared to net income of $761 million, or $2.15 per share, at the same time last year. The growth in net income was attributed to exceptional revenue measures and the reversal of provisions for credit losses on non-credit impaired loans made during the ongoing pandemic.

National Bank’s earnings before provisions for credit losses were $1.18 billion compared to $1.04 billion in the first quarter of fiscal 2021.

National Bank is expected to report adjusted earnings per share of $9.53 in fiscal 2022, indicating a forward price-earnings multiple of 9.5, which is quite reasonable given that the company is expected to grow its earnings at an annual rate of 9.1% over the next five years. Moreover, it also offers investors a dividend yield of 3.9%.

An investment of $20,000 in each of the two stocks will allow you to generate more than $1,500 in annual dividends.

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