Wall Street veteran Sam Stovall is warning stock investors the longest bull market on record will end with an epic meltdown.
According to the CFRA chief investment strategist, it's a side effect of an unprecedented business cycle.
"Three conditions: Very long, very high, very expensive," Stovall said Tuesday on CNBC's "Futures Now." "History would imply that be careful because now we're likely to fall into a very deep bear market when it does finally hit with the average decline being close to 40 percent plus."
His latest thoughts came as the Dow was hitting record highs. The blue chip index is now up more than 8 percent this year. The S&P 500 is performing a tad better — up more than 9 percent for 2018.
Since the bull market began on March 9, 2009, the Dow and S&P 500 have soared more than 300 percent each. For now, Stovall doesn't see any near-term signs that the win streak is about to end.
Best Blue Chip Stocks To Invest In Right Now: Nuveen Premium Income Municipal Fund, Inc.(NPI)
Advisors' Opinion:- [By Logan Wallace]
Northland Power (TSE:NPI) had its target price lowered by Canaccord Genuity from C$28.00 to C$27.00 in a research report sent to investors on Thursday morning.
- [By Ethan Ryder]
Northland Power (TSE:NPI) last posted its quarterly earnings results on Wednesday, May 9th. The solar energy provider reported C$0.59 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.46 by C$0.13. The business had revenue of C$486.37 million for the quarter, compared to analysts’ expectations of C$412.97 million. Northland Power had a return on equity of 26.18% and a net margin of 20.85%.
- [By Joseph Griffin]
Shares of Northland Power Inc. (TSE:NPI) have been given an average recommendation of “Buy” by the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$27.07.
- [By Logan Wallace]
Northland Power (TSE:NPI) is set to release its earnings data after the market closes on Wednesday, May 9th. Analysts expect Northland Power to post earnings of C$0.45 per share for the quarter.
Best Blue Chip Stocks To Invest In Right Now: BancorpSouth, Inc.(BXS)
Advisors' Opinion:- [By Joseph Griffin]
Bancorpsouth Bank (NYSE:BXS)‘s stock had its “hold” rating reiterated by Brean Capital in a research note issued to investors on Monday.
- [By Logan Wallace]
Brean Capital reaffirmed their hold rating on shares of Bancorpsouth Bank (NYSE:BXS) in a research report released on Sunday.
Other analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Bancorpsouth Bank from a hold rating to a buy rating and set a $38.00 price objective for the company in a report on Tuesday, June 19th. Stephens restated a buy rating and set a $37.00 price objective on shares of Bancorpsouth Bank in a report on Monday, August 27th. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $35.57.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Bancorpsouth Bank (BXS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Bancorpsouth Bank (NYSE:BXS) – FIG Partners increased their FY2019 earnings estimates for shares of Bancorpsouth Bank in a report released on Wednesday, March 6th. FIG Partners analyst J. Rodis now anticipates that the bank will post earnings of $2.41 per share for the year, up from their previous estimate of $2.40. FIG Partners also issued estimates for Bancorpsouth Bank’s Q4 2019 earnings at $0.64 EPS and FY2020 earnings at $2.56 EPS.
- [By Joseph Griffin]
Bancorpsouth Bank (NYSE:BXS) – Equities researchers at Piper Jaffray Companies dropped their Q1 2019 earnings estimates for shares of Bancorpsouth Bank in a note issued to investors on Monday, January 28th. Piper Jaffray Companies analyst B. Rabatin now anticipates that the bank will post earnings per share of $0.56 for the quarter, down from their previous estimate of $0.57. Piper Jaffray Companies also issued estimates for Bancorpsouth Bank’s Q2 2020 earnings at $0.62 EPS, Q4 2020 earnings at $0.66 EPS and FY2020 earnings at $2.53 EPS.
- [By Max Byerly]
Shares of Bancorpsouth Bank (NYSE:BXS) have received a consensus recommendation of “Hold” from the nine research firms that are currently covering the stock, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $35.00.
Best Blue Chip Stocks To Invest In Right Now: Royal Dutch Shell PLC(RDS.A)
Advisors' Opinion:- [By Shane Hupp]
Get a free copy of the Zacks research report on Royal Dutch Shell (RDS.A)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Alexander Bird]
Much of Wall Street will tell you to stick with the oil industry giants – companies like Exxon Mobil Corp. (NYSE: XOM) or Royal Dutch Shell Plc. (NYSE: RDS.A).
- [By Max Byerly]
Royal Dutch Shell (NYSE:RDS.A) and Oasis Petroleum (NYSE:OAS) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, profitability, risk, valuation, earnings and analyst recommendations.
- [By Motley Fool Transcribing]
(NYSE:RDS.A) Q4 2018 Earnings Conference CallJan. 31, 2019 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Ben van Beurden
- [By Dustin Parrett]
Earlier this year, Royal Dutch Shell Plc. (NYSE: RDS.A) spent $217 million to buy a 44% stake in Silicon Ranch Corp., a major U.S. solar developer. Shell is committing $1 billion a year to clean energy investments.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Royal Dutch Shell plc ADR Class A (RDS.A)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Blue Chip Stocks To Invest In Right Now: Manitowoc Company, Inc. (MTW)
Advisors' Opinion:- [By Stephan Byrd]
Manitowoc Company Inc (NYSE:MTW) CEO Barry Pennypacker bought 19,600 shares of the company’s stock in a transaction that occurred on Thursday, June 14th. The shares were acquired at an average cost of $25.19 per share, with a total value of $493,724.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
- [By Lee Samaha]
Shares of crane manufacturer The Manitowoc Company, Inc. (NYSE:MTW) fell 12.5% in August, according to data provided by S&P Global Market Intelligence. The slide picked up pace after the release of the company's second-quarter earnings report in the first week of August.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on The Manitowoc (MTW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Motley Fool Transcribers]
Manitowoc Co Inc (NYSE:MTW)Q4 2018 Earnings Conference CallFeb. 08, 2019, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Best Blue Chip Stocks To Invest In Right Now: Euro FX(P)
Advisors' Opinion:- [By Michael A. Robinson]
While I do most of my music streaming with rival Pandora Media Inc. (Nasdaq: P), I do also use Spotify, especially when I'm traveling outside the United States, where Pandora has zero presence.
- [By Chris Lange]
Pandora Media Inc. (NYSE: P) shares shot up early on Monday after it was announced that the company would be acquired by Sirius XM Holdings Inc. (NASDAQ: SIRI). The transaction is expected to close in the first quarter of 2019.
- [By Stephan Byrd]
Pandora Media (NYSE:P) was downgraded by research analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research report issued on Monday, The Fly reports.
Best Blue Chip Stocks To Invest In Right Now: MarketAxess Holdings, Inc.(MKTX)
Advisors' Opinion:- [By Shane Hupp]
MarketAxess (NASDAQ:MKTX) and JMP Group (NYSE:JMP) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership and profitability.
- [By Joseph Griffin]
Polen Capital Management LLC grew its holdings in MarketAxess Holdings, Inc. (NASDAQ:MKTX) by 42.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,852 shares of the financial services provider’s stock after purchasing an additional 552 shares during the period. Polen Capital Management LLC’s holdings in MarketAxess were worth $403,000 at the end of the most recent quarter.
- [By Joe Tenebruso]
Shares of MarketAxess Holdings (NASDAQ:MKTX) leapt nearly 14% last month, according to data provided by S&P Global Market Intelligence, after the leading electronic fixed-income investment trading platform delivered strong fourth-quarter results and boosted its dividend.