Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. Altfest founded Altfest Personal Wealth Management in 1983 after working as a general partner and director of research Lord Abbett & Co. Before that, he was an analyst for several…
This year’s stock price declines to make an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts considerably. There are different approaches to selecting dividend stocks. For example, John Kornitzer, who co-manages the Buffalo Flexible Income…
Read More “These dividend stocks yield at least 5% and have plenty of room to raise payouts” »
While President Joe Biden called on Congress on Wednesday to suspend federal gasoline and diesel taxes for three months, analysts criticized his proposal and predicted that it would not draw sufficient support from US lawmakers. The suspension “would require congressional action, which is exceedingly unlikely,” said Tobin Marcus, a policy and politics strategist at Evercore…
Oil futures surrendered early gains on Tuesday, brought on by supply disruptions in Libya, to finish with a loss. Traders weighed news developments linked to the Iran nuclear deal, a waiver extension allowing US banks to process Russian energy transactions, and a report that a US senator intends to propose a federal surtax on certain…
Growth stocks typically trade at premium prices. But in this market, rising interest rates have turned small-cap growth stocks into a bargain group. This may be a beautiful setup for long-term investors. The following chart, provided by Alger Director of Market Strategy Bradford Neuman, underscores the opportunity: Alger, FactSet The chart shows the weighted forward…
Read More “Small-cap growth stocks are at their lowest P / E valuation in at least 24 years.” »
