WStNN.com™ WallStreetNewsNetwork® Stockerblog™ WSNN®
Wall Street News Network: Information on stocks, bonds, real estate, investments, gold, startups, & money
by Fred Fuld III
SEDO, one of the leading companies involved in buying, parking, and selling domains, is currently auctioning a group of cryptocurrency domains.
Some of the domain names being offered include the following:
tokens.org
cryptobanks.com
coin.club
bitcoin.fund
bitcoins.shop
tokensinfo.com
The auction ends in about six days.
by Fred Fuld III
The following interesting and informative interview was provided by Jim Kozimor, the three-time Emmy Award winning host who has worked on four Olympic Games as a Play-by-play announcer for The NBC Sports Group, and co-founder of SportsETFs, which manages the first sports related Exchange Traded Fund, the ProSports Sponsors Fund (FANZ).
The discussion includes the following:
To stream the interview, click:
You can download as an mp3 file by right-clicking HERE (or Control click on a Mac) and choosing “save as.”
More information about SportsETFs can be found here:
More information about Jim Kozimor can be found here:
If you missed the previous interview with Nick Fullerton, the other co-founder of SportsETFs, you can check it out here.
All opinions are those of the interviewee, and do not represent the opinions of this website or the interviewer. Neither this website, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. No investment advice is expressed or implied. No recommendations are made to buy, sell, hold, or short any security. All information is provided for education and general information only.
by Fred Fuld III
The following interesting and informative interview was provided by Nick Fullerton, founder and principal at Fullerton Advisors, and co-founder and president at SportsETFs, which manages the first sports related Exchange Traded Fund, the ProSports Sponsors Fund (FANZ).
The discussion includes the following:
To stream the interview, click:
You can download as an mp3 file by right-clicking HERE (or Control click on a Mac) and choosing “save as.”
More information about SportsETFs can be found here:
More information about Nick Fullerton can be found here:
Don’t forget to check out the follow-up interview with the other co-founder, NBC Sports Announcer Jim Kozimor, which can be found here.
All opinions are those of the interviewee, and do not represent the opinions of this website or the interviewer. Neither this website, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. No investment advice is expressed or implied. No recommendations are made to buy, sell, hold, or short any security. All information is provided for education and general information only.
by Fred Fuld III
The popular cryptocurrency bitcoin operates on the blockchain platform where it serves as the public ledger for all transactions on its network. The blockchain technology has become increasingly popular for business purposes.
Now the Australian Stock Exchange plans to become the world’s first blockchain/distributed ledger technology enabled stock exchange. Many blockchain companies are already listed on the exchange.
Maybe it’s time to invest in Australia. Over the last twelve months, the iShares MSCI Australia ETF (EWA) is practically unchanged. For those who believe that we are due for an upward move in Australian stocks, this ETF, which pays a 4.31% yield, is a diversified way to participate.
If you prefer to pick individual stocks, here are some worth checking out.
BHP Billiton Ltd (BHPLF) is a worldwide mining company which produces iron ore, copper, oil, gas, and coal. The stock trades at 13 times forward earnings and pays a generous dividend payout of 5.2%.
In the biotech field, CSL Ltd (CMXHF) is a developer of biotherapies derived from immunoglobulins from blood plasma. The forward price to earnings ratio is 37 and it pays a small yield of 0.98%.
Australia and New Zealand Banking Group Ltd ADR (ANZBY) is Australia’s third largest bank. It trades at 12 times forward earnings and pays a healthy 5.61% yield.
Wesfarmers Ltd (WFAFF) is an Australian conglomerate which is involved in the operation of supermarkets, discount department stores, and hardware and home improvement stores. The forward P/E is 19 and the dividend yield is 4.19%.
Of course, there are numerous other Australian stocks to choose from, all of which trade over the counter in the United States. Hopefully you can find a great stock from down under which will go up above in your portfolio.
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 many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and annual yield.
| Schlumberger N.V. (SLB) | 9/4/2018 | 0.50 | 3.07% |
| General Motors Company (GM) | 9/6/2018 | 0.38 | 4.21% |
| CBS Corporation (CBS) | 9/7/2018 | 0.18 | 1.35% |
| MGM Resorts International (MGM) | 9/7/2018 | 0.12 | 1.66% |
| HP Inc. (HPQ) | 9/11/2018 | 0.139 | 2.28% |
| Bed Bath & Beyond Inc. (BBBY) | 9/13/2018 | 0.16 | 3.44% |
| Domino’s Pizza Inc (DPZ) | 9/13/2018 | 0.55 | 0.75% |
| Nasdaq, Inc. (NDAQ) | 9/13/2018 | 0.44 | 1.90% |
| World Wrestling Entertainment, Inc. (WWE) | 9/13/2018 | 0.12 | 0.60% |
| Las Vegas Sands Corp. (LVS) | 9/18/2018 | 0.75 | 4.57% |
| Yamana Gold Inc. (AUY) | 9/27/2018 | 0.005 | 0.72% |
| Xerox Corporation (XRX) | 9/27/2018 | 0.25 | 3.62% |
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 HERE . Most of the lists are free.
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.
by Fred Fuld III
The big day is coming up. On December 11, 2018, it will be the ten year anniversary of Bernard Madoff’s arrest for operating the largest Ponzi Scheme in the history of the world. The swindle amounted to around $65 billion including fabricated gains, with thousands of investors being conned.
Many jokes have been made about Bernie Madoff. (He Madoff with your money.)
Numerous books have been written about him, such as The Wizard of Lies, Too Good to be True, and Betrayal. The book Bernard Madoff and His Accomplices: Anatomy of a Con goes into detail about how he worked with his network of accomplices.
Even a TV movie was made about Madoff, and it was called, what else, Madoff. It starred Richard Dreyfuss as the notorious con man.
Madoff collectibles have become hot since his arrest and are still in demand today. Would you believe that in 2010, when his Manhattan penthouse and a Long Island beach house was confiscated by the Federal government, an auction was held with all the contents, including used socks, black velveteen slippers, luggage, T-shirts, and of course, his underpants (he wore boxers, not briefs).
What would the successful buyer do with these pants? I’m trying to get to the bottom of this. I imagine that the buyer would be the butt of many jokes, and would take a lot of ribbing from a smart ass.
by Fred Fuld III
The following informative and fascinating interview was provided by Jonathan Nelson, the founder and CEO of Hackers/Founders, the largest network of tech founders in Silicon Valley and around the world. He is also the managing director at the Hack Fund, and has served on the Board of Advisors for the SEC’s Capital Formation for Small and Emerging Businesses, and has lectured at UC Berkeley and Stanford.
The discussion includes the following:
To stream the interview, click:
You can download as an mp3 by right-clicking HERE and choosing “save as.”
More information about Hackers/Founders can be found here:
More information about the Hack Fund can be found here:
All opinions are those of the interviewee, and do not represent the opinions of this website or the interviewer. Neither this website, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. No investment advice is expressed or implied. All information is provided for education and general information only.
by Nkem Iregbulem
More Americans are walking now than a decade ago. According to a report from the US Government Center for Disease Control, the percentage of men and women who report walking once for at least 10 minutes in the past week increased significantly from 2005 to 2015. A previous report from the CDC highlighted the various potential health benefits to walking and jogging. Physical activity cannot only help control weight, but also help lower one’s risk of type 2 diabetes, depression, heart disease, stroke, and certain cancers. With more people out walking, one would expect companies involved in the athletic shoe industry to benefit.
This trend in walking habits may therefore compel you to invest in some sneaker stocks. You have several choices: Adidas (ADDYY), VF Corp (VFC), ASICS (ASCCY), Nike (NKE), Foot Locker (FL), Wolverine (WWW), and Skechers (SKX). The VFC, NKE, FL, WWW, and SKX stocks are traded on the New York Stock Exchange, while, the ADDYY and ASCCY stocks are both traded over-the-counter.
Founded in 1920 and headquartered in Germany, Adidas is a very popular company that offers athletic products such as shoes, clothes, and equipment. The company’s products fall under two brand divisions: Adidas and Reebok. However, the Adidas division makes up the majority — around 90% — of the company’s sales. As the world’s second largest provider of athletic shoes and apparel, Adidas boasts a market cap of $44.78 billion and pays a dividend yield of 1.41%. The stock has a normal price-to-sales ratio of 1.82 and a price-to-book ratio of 5.69. It trades at 27.09 times trailing earnings and at 23.15 times forward earnings. The company’s revenue has been increasing since 2012, giving it a 3-year revenue growth rate of 13.44% and a 5-year revenue growth rate of 7.35%.
VF Corp is another company to consider. It was founded in 1899 and is based in Greensboro, North Carolina. The company designs and sells outdoor clothing, outdoor gear, activewear, athletic shoes, jeans, and work apparel. Its large product portfolio includes well-known brands like The North Face, Altra, Vans, and Timberland. VF Corp, which produces Altra Running Shoes, has a market cap of $37.04 billion and pays a dividend yield of 1.96%. The company’s stock has a price-to-sales ratio of 3.04, which puts it into the overpriced range. It trades at 48.65 times trailing earnings and at 29.76 times forward earnings. The stock also has a price-to-book ratio of 10.04. Close to 50% of the company’s revenue comes from its international business, and its revenue has been increasing each fiscal year since 2015. The company faces a negative 3-year revenue growth rate of -0.20% but a better 5-year revenue growth rate of 1.66%.
ASICS, founded in 1949 and headquartered in Japan, is a multinational company that designs, manufactures, and distributes sports equipment, activewear, athletic shoes, and outdoor products. Its business is organized into three divisions: athletic sports, sports lifestyle, and health/comfort. The company generates most of its revenue from sports shoes sales. ASICS has a market cap of $2.63 billion and pays a dividend yield of 6.34%. Its stock has a favorable price-to-sales ratio of 0.80 and has a price-to-book ratio of 1.57. It has a PE ratio of 34.93. The company enjoys a 3-year revenue growth rate of 5.31% and an even better 5-year revenue growth rate of 8.68%, bringing in around $400 billion in revenue in 2017.
Founded in 1964 and headquartered in Oregon, Nike has grown to become one of the world’s most well-known athletic shoe and apparel providers. Under brands such as Nike and Converse, the company designs and sells a large selection of athletic shoes, casual shoes, sports clothing, sports equipment, and accessories. Most of the company’s revenue comes from North America, followed by Western Europe, emerging markets, and China, with the rest coming from Japan and Central and Eastern Europe. As a powerhouse in the athletic shoe industry, Nike boasts a market cap of $128.89 billion and pays a dividend yield of 0.99%. With a price-to-sales ratio of 3.67, the stock is considered overpriced. It trades at 68.83 times trailing earnings and at 30.49 times forward earnings. Nike’s stock also has a price-to-book ratio of 13.14. The company’s revenue has been increasing each fiscal year since 2014, giving the company a 3-year revenue growth rate of 5.95% and a 5-year revenue growth rate of 7.53%.
Another option to consider is Foot Locker, a company that primarily sells athletics shoes and apparel to consumers worldwide. The company was founded in 1879 and based in New York. In addition to operating its various stores across the world, Foot Locker runs its e-commerce business through a number of sites, including footlocker.com, ladyfootlocker.com, and eastbay.com. The company offers its products across the world, including the United States, Canada, Australia, New Zealand, and Europe. Nike supplies the majority of Foot Locker’s products. Foot Locker has a market cap of $5.56 billion and pays a dividend yield of 2.90%. Its stock has a favorable price-to-sales ratio of 0.76 and a price-to-book ratio of 2.19. It trades at 13.41 times trailing earnings and at 10.93 times forward earnings. With its revenue increasing since 2014, Foot Locker has a 3-year revenue growth rate of 2.89% and a 5-year revenue growth rate of 4.71%.
You might also consider Wolverine, a company that designs and sells casual, work, and athletic footwear and apparel around the world. The company sells these products under brands like Sperry, Keds, Merrell, Saucony, and various others. Most of the company’s products come from third-party manufacturers in Asia. The company is founded in 1883 and based in Michigan. Wolverine has a market cap of $3.41 billion and pays a dividend yield of 0.89%. The stock has a normal range price-to-sales ratio of 1.53 as well as a price-to-book ratio of 3.67. It trades at 29.37 times trailing earnings and at 17.64 times forward earnings. The company has a negative 3-year revenue growth rate of -5.23% but a much better 5-year revenue growth rate of 7.45%.
Founded in 1992 and headquartered in California, Skechers offers a large selection of products including athletic, work, and casual shoes. Its products are sold in the United States, Canada, Asia, Central America, Europe, North America, and South America. In addition to its revenue from its footwear sales, the company also generates revenue from licensing the Skechers brand. Skechers has a market cap of $4.61 billion and does not pay a dividend yield. Its stock has a normal price-to-sales ratio of 1.02 and a price-to-book ratio of 2.35. The stock trades at 24.23 times trailing earnings and at 16.37 times forward earnings. With its revenue increasing each fiscal year since 2013, the company enjoys a 3-year revenue growth rate of 20.55% and a 5-year revenue growth rate of 21.68%.
So get out there and walk as much as possible. It will benefit your health and maybe benefit some athletic stocks in your portfolio.
by Fred Fuld III
In case you missed it, the Turkish Lira has dropped over 26% during the last week and tanked 13.7% just on Friday. Many reasons have been claimed for the reasons for the financial crisis in Turkey, including the dissemination of “fake news”.
It’s not just the Turkey currency that has been sinking, the Turkish stocks have also been falling. As an example, the iShares MSCI Turkey ETF (TUR) is down 10.7% today.
For the investors and traders who like to take contrarian positions, Turkey stocks may be oversold and might be a buying opportunity, albeit a speculative one at that.
The fund’s three largest holdings are Turkiye Garanti Bankasi (GARAN), Akbank ( AKBNK), and Eregli Demir Ve Celik Fabrikalari (EREGL). Over 28% of the ETF holdings are in financial services, 18% in industrials, and 17.8% in basic materials.
If you want to invest directly in a Turkish company, you should consider Turkcell Iletisim Hizmetleri (TKC), which trades at 6.01 times trailing earnings and pays a yield of 3.57%. The company is a provider of provides wireless telephone services, sports and news entertainment, Internet services, and other telecommunications services.
Just remember, buying Turkish stocks right now is a very, very speculative play.
Disclosure: Author didn’t own any of the above at the time the article was written.
