Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of industrial company 3M fell by more than a third compared to the highs of 2018. It creates an interesting situation for long-term oriented investors. Let's look at some of the key pros and cons to consider before making a final judgment on whether to invest in 3M. The share price for 3M reached a peak in early 2018 and has now declined by about 36%. Over the same period, the S&P 500 index grew 20%, while competitors using the SPDR ETF Industrial Select Sector...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian TD Securities Inflation for August increased by 0.1% monthly. Forex traders can compare this to Australian TD Securities Inflation for July, which increased by 0.9% monthly. Australian Inventories for the second quarter decreased by 3.0% quarterly, and Australian Company Operating Profits increased by 15.0% quarterly. Economists predicted a decrease of 1.0% and 7.5%. Forex traders can compare this to Australian Inventories for the first quarter, which decreased by 1....
Source: PaxForex Premium Analytics Portal, Fundamental Insight When Chevron announced its 33rd consecutive year of quarterly dividend increases in January, it was not known that the pandemic would push the world into recession. However, rather than decreasing dividends like other oil firms, Chevron confirmed that its "financial priorities rest the same." Chevron's revenues are three times the market average. And with its stocks falling by almost 30 percent this year, there could be even more growth opportunities. Let...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Personal Income for July is predicted to decrease by 0.2% monthly, and Personal Spending to increase by 1.5% monthly. Forex traders can compare this to Personal Income for June, which decreased by 1.1% monthly and to Personal Spending, which increased by 5.6% monthly. The PCE Core Deflator for July is predicted to increase by 0.5% monthly and by 1.2% annualized. Forex traders can compare this to the PCE Core Deflator for June, which increased by 0.2% monthly and by 0.9%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors continue to buy shares of Apple. As a result, Apple was the first publicly-traded company on the U.S. stock exchange, which reached a market value of 2 trillion U.S. dollars. But it also means that investors will have to wait for the market capitalization of 4 trillion dollars to double their investment in this company. Furthermore, the valuation has reached levels never seen before in many years. Now the question is whether these benchmarks will deter investors, or...
