Companies that have large international sales will likely report poor earnings results due to the rallying U.S. dollar. Investors should wait for that disappointment to be priced into the stocks, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said Thursday on CNBC's "Stop Trading" segment.
Some stocks, like PVH Corp. (PVH) and Procter & Gamble (PG), have fallen from their highs as a result of negative impact from the stronger dollar. Procter & Gamble was also downgraded Thursday to outperform from market perform by analysts at BMO. Cramer pointed out, however, that Procter & Gamble is actually trading pretty well despite the downgrade and the expected currency headwinds ahead. The consumer goods company also faces possible pricing pressure from Wal-Mart (WMT).
Source: The Street
Related Articles:
- How Much Money Will You Need To Retire?
- Seeding A Forest Of Dividend Growth Stocks
- 7 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
- Dividend Growth Stocks Are My Conviction
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
-
April has time and again proved to be favorable for stocks. But this time around, April has arrived during midterm election, which usually s...
0 comments
Post a Comment
Post a Comment