BOK Financial Reaches Analyst Target Price

In the latest investing, shares of BOK Fiscal Corp (Image: BOKF) have crossed previously mentioned the typical analyst 12-thirty day period focus on cost of $102.43, altering hands for $103.19/share. When a inventory reaches the target an analyst has established, the analyst logically has two techniques to react: downgrade on valuation, or, re-modify their goal price tag to a larger amount. Analyst response might also rely on the elementary organization developments that may possibly be accountable for driving the stock rate increased — if points are wanting up for the corporation, possibly it is time for that focus on selling price to be elevated.

There are 7 distinctive analyst targets in the Zacks protection universe contributing to that average for BOK Monetary Corp, but the regular is just that — a mathematical ordinary. There are analysts with decreased targets than the normal, like one particular hunting for a value of $80.00. And then on the other side of the spectrum just one analyst has a target as large as $115.00. The normal deviation is $11.118.

But the complete explanation to look at the typical BOKF price tag goal in the 1st place is to faucet into a “wisdom of crowds” exertion, placing jointly the contributions of all the unique minds who contributed to the supreme range, as opposed to what just one certain expert thinks. And so with BOKF crossing above that ordinary focus on price of $102.43/share, buyers in BOKF have been presented a great signal to invest fresh time assessing the company and selecting for on their own: is $102.43 just one particular stop on the way to an even higher goal, or has the valuation gotten stretched to the stage the place it is time to feel about having some chips off the table? Beneath is a desk showing the current imagining of the analysts that address BOK Financial Corp:

Modern BOKF Analyst Scores Breakdown
» Existing 1 Month Back 2 Thirty day period Back 3 Thirty day period In the past
Sturdy acquire scores: 1 1 1 1
Invest in rankings:
Maintain ratings: 7 7 7 6
Sell scores:
Robust market ratings:
Typical score: 2.75 2.75 2.75 2.71

The common score offered in the last row of the previously mentioned desk earlier mentioned is from 1 to 5 exactly where 1 is Solid Acquire and 5 is Strong Sell. This report used knowledge delivered by Zacks Investment decision Analysis by way of Quandl.com. Get the most up-to-date Zacks analysis report on BOKF — Cost-free.

The Prime 25 Broker Analyst Picks of the S&P 500 »

The views and thoughts expressed herein are the sights and views of the writer and do not always replicate those people of Nasdaq, Inc.

US financial conditions remain easy even as Fed pulls back on stimulus

US fiscal circumstances are near the most accommodative on file, even as the Federal Reserve has started stepping up its exit from coronavirus disaster-era stimulus measures in a bid to struggle elevated inflation.

Measures of economic disorders have only marginally tightened considering that final week’s Fed conference, according to economists at Goldman Sachs, who deliver a intently adopted index that requires into account the shifts in the US stock market, borrowing expenses for firms, moves in the greenback and funding fees for the US govt.

Regardless of the hawkish pivot, US stocks have stayed buoyant around document-higher stages, while yields on US Treasuries remain stubbornly low compared with their historic norms.

The reality that providers have had minimal hassle listing shares publicly, or tapping lenders for new credit rating, underscores the extraordinary ranges of cash sloshing via the worldwide money process and offers a puzzle for Fed policymakers seeking to neat down the economic climate and tame inflation.

“The goal is to sluggish points down and hope that inflation does transfer decrease,” mentioned Laura Rosner-Warburton, senior economist at MacroPolicy Views. “To do that you require fiscal ailments to be a small bit tighter.”

Line chart of Goldman Sachs US financial conditions index showing US financial conditions remain near their loosest on record

The Fed is extremely delicate to financial ailments, offered that it delivers a gauge of how shifts in central financial institution coverage and international financial outlooks are filtering out into the actual world. Jay Powell, its chair, acknowledged as substantially past week. He pressured that the financial state no more time required such monumental crisis help, but inspite of the central bank’s new strategies to more promptly lower its asset purchase programme, money disorders would continue to remain “accommodative”.

The stimulus is now set to stop completely by the stop of March — a milestone for the Fed, which additional than doubled the sizing of its harmony sheet as it sought to bolster economical markets and help the economic climate during the crisis.

An before conclusion to the so-identified as “taper” sets the central lender up to increase curiosity prices sooner — some thing officials now consider they could do three times upcoming calendar year in a bid to counter inflation, which is running at the speediest pace in practically 40 yrs. That is a much much more intense solution than just three months back, when the Federal Open up Market place Committee and other regional Fed presidents were evenly split on the prospective clients of just a single amount rise in 2022.

One more a few quarter-place curiosity amount rises are now pencilled in for 2023, with two much more envisioned in 2024. These fascination level boosts would generally presage tighter fiscal situations and acquire some steam out of the economic climate, pushing up the costs of a house loan, corporate bank loan or desire on a credit history card bill.

Line chart of total assets held by the US Federal Reserve ($tn) showing the Fed's balance sheet has swelled since the start of the pandemic

1 essential purpose why money conditions remained so loose was due to the fact buyers were betting that the Fed might not be ready to maximize curiosity premiums as a lot as it hoped if economic expansion slows extra than predicted, reported Brian Nick, chief expense strategist at Nuveen and a previous staffer at the New York branch of the central bank.

That prospect came into aim this week just after the Biden administration’s landmark $1.75tn social paying monthly bill was blockaded by Democratic senator Joe Manchin of West Virginia. An alarming surge in Covid-19 conditions connected to the emergent Omicron variant has also clouded the outlook.

“As the investing bill melts down publicly and the progress outlook is to some degree weaker for the 1st quarter mainly because of Omicron, the Fed may possibly not be pulled into tightening as much as it thinks,” Nick said. “The Fed is going to have a ton of good reasons to keep individual if they want to.”

Market place steps of fascination amount anticipations by now suggest deep scepticism more than the Fed’s projected path ahead. Secured right away financing fee futures, which are made use of by traders to hedge in opposition to desire rate moves, indicate that the Fed will lift rates fewer than a few instances up coming yr just before finally stalling out at about 1.4 for each cent in 2024. That is properly beneath the 2.1 for every cent stage suggested in the “dot plot” of particular person interest price projections posted by the Fed this thirty day period.

Greater inflation readings in the months ahead could nonetheless rattle money markets, with equities close to file territory regardless of the Fed’s go to tighten coverage, some traders warned. That is a particular anxiety for some, specified how minimal yields on Treasuries are and the actuality that quick-term funding markets are pricing a fairly shallow hiking cycle. If costs on possibly popped bigger, it could mail waves by means of credit score and equity markets.

“If inflation stays large, the Fed will have to go more quickly,” mentioned Steve Kane, co-main financial commitment officer of set earnings at TCW. “That’s wherever economical ailments can tighten really quickly and you could genuinely upset the apple cart.”

1 Fed governor, Christopher Waller, has now built the scenario for the central financial institution to elevate fascination prices in March, various months earlier than futures marketplaces currently advise. Other senior officials could quickly back again that transfer should rate pressures continue to show crystal clear indications of broadening out over and above sectors most sensitive to pandemic-related disruptions.

“If you start out observing the expedited taper of Fed buys and a are living conference in March for a possible rate hike [and] economic ailments begin to tighten, you will see that translate into sizeable volatility in markets,” claimed Erik Knutzen, multi-asset course main investment officer at Neuberger Berman.

Global Cheese Based Snacks Market Outlook to 2028 – Trends, Growth, Companies, Industry Strategies, and Post COVID Opportunity Analysis

DUBLIN, December 23, 2021–(Company WIRE)–The “Cheese Based Treats Sector Outlook to 2028- Market Traits, Advancement, Companies, Industry Approaches, and Write-up COVID Chance Analysis, 2018- 2028” report has been extra to ResearchAndMarkets.com’s giving.

This report offers a complete analysis of worldwide and regional Cheese Dependent Snacks markets from 2018 to 2028.

It provides a detailed examination of the world-wide Cheese Primarily based Snacks sector ailments through the yr 2021, sector earnings likely throughout segments, vital strategies of corporations, the impression of COVID-19 pandemic, market dynamics, industry landscape, industry developments, industry share analysis, and various recovery eventualities.

In the current version, we provide an outlook on the use of Cheese Based mostly Snacks and marketplace size by way of 2028. Around the subsequent seven decades, we be expecting to see a strong market place outlook driven by broader item portfolios, innovation trends, expansion into niche segments, and other concentrated techniques. In general, the Cheese Dependent Snacks industry outlook for 2021 to 2028 continues to be sturdy as identified in the report.

The report delivered specific insights into the recovery scenarios and offers the measures forward for the world and nearby Cheese Based Treats organizations.

Distinctive nations around the world have different prospective clients for reaching the conclusion of the pandemic as the pace of vaccine rollout varies throughout markets. The last two a long time provided a person of the most strange situations in the history of the Cheese Based Treats sector. Even further, offer chains are starting to be world wide and sophisticated in this quickly-evolving field. This resulted in fluctuations in market dimensions growth charges.

The future seven a long time will see the marketplace measurement growing at a much more dependable charge but with concentrated awareness on spending, and much more consideration to value-additional items and broader applications of present merchandise.

The report offers an in-depth glimpse at the chances, challenges, and implications for stakeholders in the Cheese Primarily based Treats field.

Essential Subject areas Covered:

1 Introduction to Cheese Centered Snacks Marketplaces

1.1 Report Guide

1.2 Definition

1.3 Scope of the Exploration

1.3.1 Segmentation by Style

1.3.2 Base year- 2020, approximated yr- 2021, forecast time period- 2021 to 2028

1.4 Review Restrictions

1.5 What is new in this edition?

2 Analysis Methodology

2.1 Sources considered in the review

2.2 Study Methodology

2.3 Forecast Methodology

2.4 Information validation

2.5 Study Assumptions

3 Govt Summary

3.1 Cheese Dependent Snacks Market Snapshot, 2021 and 2028

3.2 COVID Impression on Cheese Based Treats Sector- 12 months-on-Yr Advancement (2019- 2020) and (2020- 2021)

3.3 Cheese Centered Snacks Current market Size by Style (USD Million), 2018- 2028

3.4 Cheese Centered Snacks Industry Sizing by Application (USD Million), 2018- 2028

3.5 Cheese Based mostly Treats Industry Size by Geography (USD Million), 2018- 2028

4 Strategic Insights into Cheese Based Treats Markets

4.1 Potential expansion alternatives in world wide Cheese Dependent Snacks Industry, 2021- 2028

4.2 Key approaches of companies running in the market

4.3 5 Forces Analysis

4.4 PESTLE Analysis

5 Market place Overview

5.1 Introduction to Cheese Based mostly Treats Markets

5.2 Market place Dynamics

5.2.1 Drivers

5.2.2 Restraints

5.2.3 Options

5.2.4 Worries

5.3 COVID Impact on the industry in the course of 2020 and 2021

5.4 Recovery outlook (Optimistic progress, reference, pessimistic progress), 2021- 2028

6 North The usa Cheese Centered Treats Market place Dimensions Outlook to 2028

7 Europe Cheese Based mostly Treats Market place Size Outlook to 2028

8 Asia Pacific Cheese Centered Snacks Current market Dimension Outlook to 2028

9 South and Central America Cheese Centered Snacks Marketplace Dimensions Outlook to 2028

10 Center East and Africa Cheese Dependent Snacks Marketplace Dimensions Outlook to 2028

11 Aggressive Landscape

11.1 Overview of Organizations in Cheese Dependent Treats Sector

11.2 Economic Evaluation of Vital Gamers, 2018- 2020

11.3 Business overview

11.4 Product Portfolio

11.5 SWOT Profiles

11.6 Specials and Other Developments

12 Appendix

For additional facts about this report visit https://www.researchandmarkets.com/r/izepvu

Look at source variation on businesswire.com: https://www.businesswire.com/news/household/20211223005188/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Supervisor
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US businesses workers are sruggling with Omicron: ‘We’ve taken a big nose dive’ Covid-19 wave slams into US businesses

The 11-yr-aged cafe with a James-Beard-award-successful head chef survived the traumatic spring of 2020, when New York Metropolis grew to become the center of the coronavirus disaster in the United States. Lido shut down and then pivoted to outside eating. It navigated modifying Covid-19 basic safety guidelines, mask demands and vaccine mandates, supply chain delays, growing inflation, a labor scarcity, and other worries as it clawed its way to recovery.
“We have been obtaining near to 100{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996},” Susannah Koteen, who owns Lido and two other restaurants in New York Town, mentioned Monday.
New York State documented document-setting highs of new coronavirus bacterial infections above the weekend and officers all over the country are bracing for yet another grim pandemic wintertime. In New York Town, some Broadway displays have been canceled, workplaces have shut down and folks are scrambling to transform their holiday break ideas.

“We have taken a major nose dive the past two weeks,” Koteen reported. “It can be agonizing.”

Clients are calling to terminate reservations and events still left and proper, she mentioned. All around 10 of her staff members of 70 have tested constructive for the virus, leaving the cafe scrambling to fill their shifts.

About the weekend, Koteen viewed as closing Lido down for January. Now, she’s pondering “we will limp together” for the winter.

“Absolutely everyone that will work for me is my accountability. I want them to have a paycheck, but I you should not want them to get ill,” she explained. “This is likely to be a definitely tough patch for us.”

Déjà vu

Spreading situations and collective stress are starting up to get a toll on eating places, outlets, hotels and other organizations, which are determined to recover from the pandemic and jumpstart company for the duration of the holidays.

Some store proprietors describe a sensation of déjà vu and are struggling to answer to the most current Covid-19 wave.

In Philadelphia, Phil Korshak was pressured to shut down his bagel store on Thursday soon after one of his workers examined favourable and the full team was uncovered.
These major chains boomed as small retailers had to close up shop

The retail outlet, Korshak Bagels, stayed closed as a result of the weekend. He hopes to reopen Wednesday.

“I shut for the three days of the 7 days in which I make the most revenue,” he reported. “I experienced to produce payroll without money for all the workers.”

Korshak is now maintaining a rapid Covid-19 examination on hand for each individual personnel, but he’s fearful he will be forced to shut down for an prolonged period of time this winter. He would not be in a position to deal with closing for longer than that.

“Is there a risk we will be shut down for so extensive a time that I will not maintain on to employees?”

‘Perfect storm’

For several enterprises in the company sector, the holidays are the most essential extend of the 12 months.

In the retail field, suppliers generally rack up the majority of their revenue throughout the getaway procuring season as prospects splurge on gifts and large-ticket goods. Dining establishments rely on massive holiday dinners to assist get them by the leaner winter months.

“The holiday seasons are our Black Friday,” stated Sean Kennedy, the executive vice president of the National Restaurant Affiliation, an business team.

Nicole Panettieri, owner of The Brass Owl, a boutique clothing, accessories and gift shop in Astoria, Queens, said the mood has shifted at her store.

Ninety thousand dining establishments — around 14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of all US restaurants— have completely shut down all through the pandemic, according to the team.

Several places to eat were being by now having difficulties with a labor scarcity and a sharp increase in wholesale selling prices, Kennedy reported. Now, client self-assurance is dropping as Covid-19 scenarios surge.
Less buyers have visited eating places in the latest months than in November. For the 7 days ending on December 20, restaurant seatings were down 11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} when compared to the exact same stretch in 2019, in accordance to details from OpenTable.

“We are undoubtedly buying up much more cancellations, softer need at a nationwide basis at a time when earnings is essential,” Kennedy claimed. “This is really the great storm for a minimal-margin business enterprise like dining places.”

For Nicole Panettieri, operator of The Brass Owl, a boutique clothes, components and reward shop in Astoria, Queens, keeping in inventory on items was her largest worry heading into the holidays. Now, it’s the Covid-19 surge.

The 7 days prior to Christmas is some of the “busiest days of the 12 months.” But she canceled an celebration at the retail store established for Tuesday because she failed to want to attract too large a crowd.

The temper amongst shoppers has shifted, she explained, and she’s anticipating a dropoff in income as folks keep dwelling. This may power her to pull again on staff members and items in 2022.

“Ordinarily this a extremely joyful time to store, and it can be experience incredibly somber,” she said.

Flamingo’s Financial Management and Forecast App Is Your Way to Future Fortune

Flamingo’s Financial Management and Forecast App

Flamingo’s Money Administration and Forecast Application

flamingo tech

flamingo tech

Flamingo Tech launches its customized fiscal system assisting buyers to established, monitor and optimize money aims based mostly on their desired way of life.

MELBOURNE, VICTORIA, AUSTRALIA, December 21, 2021 /EINPresswire.com/ — “We are right here to equilibrate economical wellbeing… The economic sector has existed in siloed structures, masking information from the consumer. We must arise from these silos and make money data available so that the user can make extra educated economic choices.” says Sana Tayyab, C.E.O at Flamingo Tech Pvt Ltd.

With mounting worry among the typical community about their money predicament, it’s high time that they are specified far more regulate more than their finances, fees, and cost savings targets with a reduction of reliance on loan dollars.

Flamingo Tech launches its personalized economical platform supporting users to set, track and improve monetary objectives based on their wished-for lifestyle. The application introduces new waves of innovation in individual finance management, concentrating on money forecasting. Flamingo performs all the complex capabilities in the background and presents buyers with a summary of their funds and plans working with an exceptionally intuitive and straightforward user interface.

In accordance to a Commonwealth Lender (CBA) report, Australians’ use of electronic wallets improved by 90{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} soon after March 2020. It is expected to come to be the best payment system in Australia by 2024, even though the amount of electronic wallet shoppers will mount to an approximated 4.4 billion globally by 2025. While individuals figures present the users’ are inclined in the direction of simplicity and advantage in day to day transactions, Flamingo equips just about every user with the technology to manage and monitor their possess finances. The thought is to empower the buyers within their means and, then primarily based on their information, make monetary forecasting simple and accessible for all people to make and fulfill potential conserving plans.

As Sana Tayyab, CEO of Flamingo Tech, aptly stated through a briefing, “We are here to equilibrate economic wellbeing. It really is important that we figure out that the client expects a lot more from their obtain than the basic obtain of products and solutions or products and services. The economical sector has existed in siloed buildings, masking information from the person. We have to emerge from these silos and make economic facts accessible so that the user can make extra educated economic conclusions.”

Next that vision, the app will be rolled out in two phases. In their very first phase of app use, the consumers will be equipped to manage and track their profits and fees with just a several clicks. Customers can set and watch personal saving plans under numerous classes and obtain essential economic forecasting devoid of any outside the house qualified assistance.
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The 2nd stage will contain the use of Synthetic Intelligence-led evaluation and forecasting, exactly where the application will create person-specific money forecasts to fulfill preserving aims, such as for crisis money, order of residence, retirement money, and any other monetary targets.

1 of the top reasons for practically fifty percent of the current shoppers (48{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}) to use electronic wallets is the simplicity of the course of action. Knowledge this need, Flamingo has been created with the convenience facet in mind the two in its design and style and operations. As a result, the application contains a customizable dashboard that summarizes a user’s overall profits, charges, and progress on conserving plans – all in a single glance. The platform is optimized for use on each Apple and Android cell equipment and is readily available for obtain in the Application Shop and Google Play… and it is free of charge of value.

As an all-in-1 own finance alternative, Flamingo gives the next attributes:
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Customized Finance Administration – Keep track of and observe every penny that will come into and goes out of your money. Make the funds that suits your way of life.
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1- Automating Cost savings/Economical Aims – As soon as your paycheck comes in, allow the fastened amounts go to their respective funds. Automating this procedure saves you possessing to make deposits and keep track of your progress manually.
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2- Money Forecasting – Be effectively knowledgeable of your monetary progress. Just take motion now to improve your upcoming wealth.
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3- Economical Overall health Score – Know your money health and fitness dependent on your cash flow and your personal savings behaviors.
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4- Optimistic reinforcement toward personalized discounts – Get into the pattern of preserving up. Start with our monthly card. Create emergency resources. Satisfy your economical goals in funds.
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5- Serious-time feedback on incoming and outgoing resources – Normally know wherever your cash is likely. Make budgetary changes on the go.

Sana Tayyab
Flamingo Tech
hook up@flamingotech.com.au

The Travelers Companies, Cincinnati Financial, Duke Energy, C.H. Robinson Worldwide and Bunge

For Immediate Release

Chicago, IL – December 21, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The Travelers Companies, Inc. TRV, Cincinnati Financial Corporation CINF, Duke Energy Corporation DUK, C.H. Robinson Worldwide, Inc. CHRW and Bunge Limited BG.

Here are highlights from Monday’s Analyst Blog:

5 Low-Beta, High-Yielding Stocks to Buy in a Capricious Market

Wall Street has been suffering since Black Friday as the resurgence of coronavirus with its new variant – Omicron – has shaken market participants’ confidence across the globe. Moreover, a higher interest rate in 2022 as indicated by several major central banks, has also resulted in severe market volatility.

Despite the fact that December has generally remained favorable on Wall Street, investors are uncertain about the direction of stock market movement in the final eight trading days of this year. At this stage, it will be prudent to invest in low-beta high dividend-paying stocks with a favorable Zacks Rank. Here are five of them — The Travelers CompaniesCincinnati FinancialDuke EnergyC.H. Robinson Worldwide and Bunge.

Omicron Spreads Globally

With the coronavirus pandemic showing no signs of letting up, Wall Street continues to grapple with severe volatility, which has been plaguing it over the last three weeks. The resurgence of coronavirus either in the form of Delta or Omicron, has been creating intermittent hurdles which otherwise could have been a smooth recovery of the global economy.

The available data of Omicron has so far indicated that this variant may be less severe than Delta but highly transmissible. Most of Europe is already affected by Omicron and big nations have opted for partial or full lockdown during the holiday season. Asia is also reporting increasing Omicron cases. In the United States, 25 states have already reported Omicron cases.

On Dec 18, the World Health Organization (WHO) reported that 89 countries have witnessed the Omicron variant of coronavirus and the number of cases is doubling in 1.5 to 3 days in areas with community transmission. Globally, various sports and entertainment programs have been postponed or cancelled due to the spread of Omicron.

Higher Interest Rate Looms Large

Market participants are wondering whether 2022 will be marked as the year of higher interest rate globally. In the United States, on Dec 15, Fed Chairman Jerome Powell said in his post FOMC statement that the central bank will raise the tapering of the monthly bond-buy program from $15 billion per month to $30 billion per month effective January 2022. At this rate, the quantitative easing program will end in March 2022.

Although, Powell refrained of commenting anything on when the Fed will raise the benchmark lending rate and at what magnitude, Fed’s dot-plot indicated that all 18 members are expecting at least one rate hike in 2022. Out of 18 Fed members, 12 are expecting three rate hikes in 2022 followed by a two more rate hikes in 2023 and 2024.

On Dec 17, the Bank of England raised the benchmark interest rate to 0.25{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from 0.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This marked the first rate hike by the British central bank in three years. On Nov 10, the European Central Bank (ECB) Governing Council member Robert Holzmann said that the ECB could stop bond-buying program by September 2022.

The primary concerns of these central bankers are soaring inflation. The pandemic-led global disruption of the supply-chain system inflated input costs while growing demand is pulling up the general price level.

Why Low-Beta Stocks?

Wall Street is suffering from day-to-day fluctuations. In the week ended Dec 10, the Dow, the S&P 500 and the Nasdaq Composite – rallied 4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, 3.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, respectively. However, for the week ended Dec 17, these three indexes tumbled 1.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, 1.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and 3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, respectively.

Nevertheless, the fundamentals of the U.S. economy remained solid. In its latest projection on Dec 16, the Atlanta Fed reported that the U.S. economy would grow by 7.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in fourth-quarter 2021. U.S. GDP grew 6.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, 6.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and 2.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, in the first, second and third quarters of this year, respectively. Moreover, in fourth-quarter 2021, total earnings of the S&P 500 Index are expected to up 19.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} year over year on 11.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} higher revenues.

At this stage, investment in low-beta stocks with a high dividend yield and a favorable Zacks Rank may be the best option. If market’s northbound journey continues, then the favorable Zacks Rank of these stocks will capture the upside potential. However, if markets take a downturn, then low-beta stocks will minimize portfolio losses and dividend payment will act as a regular income stream.

Our Top Picks

We have narrowed our search to five large-cap (market capital > $10 billion) low-beta stocks whose dividend yield is higher than the current yield on the benchmark 10-Year U.S. Treasury Note. These companies have strong growth potential for the rest of 2021 and have seen positive earnings estimate revisions in the last 60 days. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Bunge Limited operates as an agribusiness and food company worldwide. BG has an integrated global agribusiness spanning the farm-to-consumer food chain. Bunge operates in five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer. Bunge processes, produces, moves, distributes and markets food in five continents.

Zacks Rank #1 Bunge has an expected earnings growth rate of 44.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the current year. The Zacks Consensus Estimate for current-year earnings has improved 36.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last 60 days. BG has a beta of 0.64 and a current dividend yield of 2.38{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

C.H. Robinson Worldwide is benefiting from favorable freight market conditions, such as increased volumes and higher pricing, amid tight capacity. In the first nine months of 2021, C.H. Robinson returned around $663 million to its shareholders through dividends ($209 million) and share buybacks ($454 million).

Zacks Rank #1 CHRW has an expected earnings growth rate of 69.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last 30 days. C.H. Robinson has a beta of 0.72 and a current dividend yield of 2.17{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

The Travelers Companies boasts a strong market presence in auto, homeowners’ insurance, commercial U.S. property-casualty insurance with solid inorganic growth. A high retention rate, increase in new business and positive renewal premium change bode well. TRV’s commercial businesses should perform well owing to market stability.

The Travelers Companies remains optimistic about the personal line of business, given growth at the profitable agency auto and homeowners business. TRV expects net investment income from non-fixed income portfolio to be $420 million to $430 million quarterly in 2022. Sufficient capital boosts shareholder value.

Zacks Rank #2 The Travelers Companies has an expected earnings growth rate of 19.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the last 30 days. The Travelers Companies has a beta of 0.76 and a current dividend yield of 2.23{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Cincinnati Financial Corporation continues to grow premiums through a disciplined expansion of Cincinnati Re while the division makes a nice contribution to its overall earnings. Price increases and a higher level of insured exposures are the other positives.

Cincinnati Financial is focused on earning new business by appointing new agencies and believes that an agent-focused business model will drive long-term premium growth. Cincinnati Financial boasts solid capital position based on which it has returned value to its shareholders. A favorable reserve release should drive growth for CNF. Consistent cash flow and sufficient cash balances will continue to boost liquidity.

Zacks Rank #2 Cincinnati Financial has an expected earnings growth rate of 69.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the past 30 days. CINF has a beta of 0.68 a current dividend yield of 2.23{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Duke Energy Corporation operates as an energy company in the United States. DUK operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.

Duke Energy is a premier utility service provider that invests heavily in infrastructure and expansion projects. During the 2021-2025 period, it projects to spend $59 billion. DUK has lowered its carbon emissions by 40{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} since 2005 and aims to electrify all its light-duty vehicles by 2030.

Duke Energy has an expected earnings growth rate of 2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the past 60 days. DUK has a beta of 0.32 a current dividend yield of 3.82{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

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Duke Energy Corporation (DUK) : Free Stock Analysis Report
 
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