TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link
Read More »Eli Lilly to buy gene therapy developer Prevail in deal valued at $1.04 bln – Yahoo Finance
TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link
Read More »America Movil’s capital expenditure will be $6 bln, down from $8.5 bln foreseen, Telecom News, ET Telecom
MEXICO CITY: America Movil chief executive officer, Daniel Hajj, said on Wednesday that the telecoms giant will reduce capital expenditure to $6 billion in 2020, down from the $8.5 billion foreseen at the start of the year. “We are going to reduce the capex from our original number this year, because execution in the lockdown was very difficult” Hajj said in a call following the third-quarter earnings on Tuesday. Hajj added that some non-essential projects were also canceled or delayed. Follow… Source link
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