Month: November 2021

Stocks Going Ex Dividend in December 2021

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and some with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount.

Goldman Sachs Group, Inc. (GS) 12/1/2021 2.00 2.05%
Home Depot, Inc. (HD) 12/1/21 1.65 1.64%
Nike, Inc. (NKE) 12/3/2021 0.305 0.73%
HP Inc. (HPQ) 12/7/2021 0.25 2.89%
Jack In The Box Inc. (JACK) 12/8/2021 0.44 2.00%
Best Buy Co., Inc. (BBY) 12/13/2021 0.70 2.44%
DTE Energy Company (DTE) 12/17/2021 0.885 3.20%
Portland General Electric (POR) 12/23/2021 0.43 3.47%
Yamana Gold Inc. (AUY) 12/30/2021 0.03 2.95%
Wolverine World Wide, Inc. (WWW) 12/31/2021 0.10 1.19%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WSTNN.com HERE .

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.

Rivian Automotive has no income, no sales, but a Market Cap of $130 Billion

by Fred Fuld III

Rivian Automotive (RIVN) just went public a week ago, and since then, the stock has been up every day until today. As I write this, the market cap for the company is $130 billion. That’s “billion” with a B.

This California based company was founded in 2009 and is in the business of developing electric vehicles.

For the trailing twelve months, net income has been a negative $1,635,000,000.

Revenues for the company have been zero.

Yesterday, the market cap for the company was $151.9 Billion.

That market cap is larger than all of the following automobile manufacturers:

  • Ford (F)
  • General Motors (GM)
  • Honda Motor (HMC)
  • Nissan Motor (NSANY)
  • Daimler (DDAIF)
  • BMW Bayerische Motoren Werke (BMWYY)
  • Volkswagen (VWAGY)
  • Porsche Automobil (POAHY)

I wonder if Ford stopped making cars if it would increase the market cap of the company.

Disclosure: Author owns F and DDAIF. Author has a vertical call position on RIVN.

The Amazon Inflation Rate is Running at 68% Per Year

by Fred Fuld III

You might have noticed price increases at the pump. In California, if you can find gas for less than $5 a gallon, even regular, it’s a bargain.

Shell gas prices

Or maybe when you checkout at the supermarket, you noticed that your bill is a bit higher than normal.

groceries

If you have noticed these things, then you are starting to feel the effects of inflation.

According to the United States Government Bureau of Labor Statistics, in October, the Consumer Price Index for All Urban Consumers rose by 6.2 percent over the last 12 months.

I personally think that that rate may be a bit too low. Why? I did my own analysis of a random sample of purchases made through Amazon (AMZN) over the last twelve months, comparing what I paid in the past to what the current price is now, and the results were shocking.

These items included such things as office supplies, food, vitamins, toothpaste, book, disposable masks, garden hose, and even a robot vacuum.

The lowest increase in price was for a 40 ounce bag of raw whole natural Blue Diamond almonds, which increased in price by only 5%.

The next lowest increase had a substantially higher price rise. Scotch Heavy Duty Shipping Packaging Tape went up by 15%.

Now for the big increases. Surprisingly, snack foods had the greatest rise in prices. Crunchmaster Multi-Seed Crackers almost tripled in price by rising 194% and Sensible Portions Garden Veggie Chips spiked by 173%.

Both BROOKSIDE Dark Chocolate Candy with Acai & Blueberry, and a 21 Ounce Bag Dulzura Borincana Sesame Seed with Honey and Almonds doubled in price. (I guess now you can see the kinds of snacks that I like.)

However, what is most interesting is the overall average of the price increases. Based on the rate of increase in cost over the last year for more than 25 different items purchased on Amazon, the average of those percentage increases is 68%!!!

Even if you exclude the high increase outliers, the ones that more than doubled, the overall average price increase of the remaining items is 38%, still extraordinarily high, and way above what the government reported. 

Here is a list of the items below:

Anycolor Compatible Label Tape Replacement for Brother M Tape 39%
Blue Diamond Almonds, Raw Whole Natural, 40 Oz 5%
BROOKSIDE Dark Chocolate Candy , Acai & Blueberry, 21 Ounce Bag 148%
BUMBLE BEE Premium Light Tuna in Water, Ready to Eat Tuna Fish 21%
Columbian Clasp Envelopes, 10 x 13 Inches, Brown Kraft, 100 Per Box 44%
Crunchmaster Multi-Seed Crackers, Artisan Cheesy Garlic Bread, 4 Ounce 194%
Disposable Filter Masks, Eventronic 3 Ply Face Masks, For Home & Office (50 Pcs) 20%
Dulzura Borincana Sesame Seed with Honey and Almonds 134%
FIJI Water Artesian Water, 16.9 Fl Oz (Pack of 6) 34%
Filexec, 93630, Art Presentation Book, 24 Pocket, 11″ x 14″, 1 Each Black 25%
Hammermill Paper, Copy Plus Paper, 8.5 x 11 Paper, Letter Size, 20lb Paper, 1 Ream 53%
Hermard 50ft Expandable Garden Hose with 9 Function Nozzl 32%
KIND Bars, Dark Chocolate Mocha Almond, Gluten Free, 1.4 Ounce, 12 Count 26%
Krazy Glue Home and Office Brush-On Glue, 0.18 oz 74%
NOW Supplements, Vitamin D-3 5,000 IU, High Potency, 240 Softgels 32%
Polysporin First Aid Topical Antibiotic Ointment with Bacitracin Zinc 54%
Puritans Pride Lutein 20 mg with Zeaxanthin Softgels, 120 Count 94%
Samsung POWERbot R7040 Robot Vacuum 159%
Scotch Tape Heavy Duty Shipping Packaging Tape, 1.88 Inches x 800 Inches, 1 Pack 15%
Sensible Portions – 30357 Garden Veggie Straws, Sea Salt, 1 oz. (Pack of 8) 20%
Sensible Portions Garden Veggie Chips, Sea Salt, 7 oz. 173%
Sensodyne Pronamel Intensive Enamel Repair Toothpaste for Sensitive Teeth 62%
Seresto Flea and Tick Collar for Dogs, 8-Month Flea and Tick Collar for Large Dogs Over 18 Pounds 38%
The Family Upstairs: A Novel 114%
Triple Leaf Tea Jasmine Green Tea, Decaffeinated, 20 Count 25%
V8 Juice, Original 100% Vegetable Juice, 11.5 Ounce Can (Pack of 24) 138%
AVERAGE RATE OF INCREASE 68%
AVERAGE RATE OF INCREASE excluding doubling outliers 38%

If you are an avid Amazon shopper like me, you can do your own analysis. Just click on the Orders link, choose 2020, click on View Order Details to get the price you paid, then click on the Order Again button to see what the current price is. Once you have that, subtract the price paid from the current price, then divide that result by the price paid, and that is your percentage increase.

Of course, maybe I have a tendency to only buy things that happen to have a way of significantly rising in price. Or maybe not.

This increase in prices certainly doesn’t come close to Zimbabwe’s previous hyperinflation, whereby $100 trillion dollar bills were issued. However, it is a wake-up call.

Zimbabwe 100 trillion

Let me know what your Amazon inflation rate is.

 

Disclosure: Author owns AMZN and also has a short vertical call position in AMZN. 

Stocks with High Sales Growth Selling at a 30% Discount

by Fred Fuld III

Every investor likes getting a bargain. So how about stocks that have had sales growth over the last five years greater than 25% yet trading is down 30% for the quarter?

Here is a list of those stocks, three of which are involved in the healthcare sector.

Emergent BioSolutions Inc. (EBS) is a life sciences company that produces products and solutions, including vaccines, that address accidental, deliberate, and naturally occurring public health threats. The stock, which has a market cap of almost $2 billion, trades at 8.83 times trailing earnings and 7.35 times forward earnings. The company just announced a stock repurchase program a couple days ago.

eHealth, Inc. (EHTH), based in Santa Clara, California, is a provider of private health insurance exchange services to individuals, families, and small businesses. The market cap is $739 million, and has a forward price to earnings ratio of 16.

PagSeguro Digital Ltd. (PAGS), based in Brazil, is a provider of financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and various other countries.  The company has a market cap of $11.6 billion, a trailing P/E ratio of 50.56, and a forward P/E of 24.63.

Timber Pharmaceuticals, Inc. (TMBR) is involved in the development and commercialization of treatments for orphan dermatologic diseases. This New Jersey based company has an extremely low market cap at $19 million.

Maybe one of these bargain basement stocks can benefit your portfolio, but keep in mind that sometimes there is a reason why a company has had a huge price drop.

Disclosure: Author didn’t own any of the above at the time the article was written.

Wouldn’t It Be Great If You Could Track the Retail Trading Activity of the Top 10 Stocks for Free? Well You Can

by Fred Fuld III

I’ve always thought it would be great to know what retail investors are doing with popular stocks. Are the buying or selling? This would be especially useful with the meme stocks.

Well guess what. You can now get this information, from NASDAQ, which is offering the Retail Trading Activity Tracker.

The price for this service? Free! Of course, there is a premium service which allows you to access a lot more information.

What does it give you?

The Activity, which is the Ratio of money traded by retail investors in a given stock divided by total amount of money traded by retail investors across all stocks. The amount ranges from 0 to 1.

It also gives you the Sentiment Score, which is the retail net flows of buy vs. sell of the most recent 10 trading days. The value ranges from +100 to -100, where the more positive the score, the greater the proportion of recent retail net buying, and the more negative the score,  the greater the proportion of recent retail net selling.

What a great service from NASDAQ .

The Infrastructure Bill Passed: Here’s What’s Included

by Fred Fuld III

The new infrastructure bill went to a vote last night, Friday, November 5, passing 228 to 206, with 13 Republicans joining all but 6 Democrats in supporting the legislation.

First, the various names of the bill:

  • Infrastructure Investment and Jobs Act
  • Bipartisan Infrastructure Framework (BIF)
  • Bipartisan Infrastructure Deal
  • INVEST in America Act
  • Infrastructure Bill

Details about what is included can be found at Forbes, the Wall Street Journal, and other publications.

Here is a summary:

  • $110 billion for roads and bridges
  • $66 billion for Amtrak
  • $65 billion for broadband Internet
  • $65 billion for the electric grid
  • $55 billion for clean drinking water
  • $48 billion for water infrastructure improvements
  • $39 billion for public transit
  • $25 billion for airports
  • $11 billion for transportation safety programs
  • $7.5 billion for s network of electric-vehicle chargers along highways
  • $5 billion for zero-emission buses including electric school buses
  • $2.5 billion for ferries

If you want to read the whole bill, you can check out H.R.3684.

 

Year End Stock Market Holidays

If you are interested in knowing whether or not the stock market will be open on Veterans Day (November 11) or the day after Thanksgiving (November 26) or another of the other days that are coming up before the end of the year, you have come to the right place.

You might want to bookmark the following:

Holiday Day NYSE NASDAQ
Veterans Day Thursday, November 11 Open Open
Thanksgiving Day Thursday, November 25 Closed Closed
Day After Thanksgiving Friday, November 25 Early close   1 pm ET, 10 am PT Early close   1 pm ET, 10 am PT
Christmas Day observed (Christmas Eve) Friday, December 24 (Christmas holiday observed) Closed Closed
New Years Eve Friday, December 31 Open Open
New Year’s Day 2022 Saturday, January 1, 2022 Closed (Saturday normally closed) Closed

Happy Holidays!!!