solarseven/iStock via Getty Images In March, S&P 500 Financials sector fell 5% as the market grappled with volatility amid Middle East conflict and economic uncertainty. Below is a list of the best performing 10 financial sector stocks ranked by their one-month price performance. The stocks on this list have market capitalizations ranging from approximately $2.22B to $62.69B, and each includes its...
solarseven/iStock via Getty Images In March, S&P 500 Financials sector fell 5% as the market grappled with volatility amid Middle East conflict and economic uncertainty. Below is a list of the best performing 10 financial sector stocks ranked by their one-month price performance. The stocks on this list have market capitalizations ranging from approximately $2.22B to $62.69B, and each includes its Seeking Alpha Quant Rating where available. The list is topped by Figure Technology Solutions, Inc. ( FIGR ), with a one-month performance of 22.63%, though it is not currently covered by the Quant Rating system. Lemonade, Inc. ( LMND ) follows with a 17.32% gain and carries a Hold rating. Notably, SLM Corporation ( SLM ) has earned a Sell rating despite its 8.64% monthly performance. The list represents a diverse range of financial industries, including Consumer Finance, Property and Casualty Insurance, and Asset Management. Other notable entries include Twenty One Capital, Inc. ( XXI ) in Asset Management and Custody Banks with an 11.67% gain, and Apollo Global Management, Inc. ( APO ) in Diversified Financial Services with a 3.65% return. Performance across the list ranges from over 22% down to approximately 2.68%. Here is the list: Figure Technology Solutions, Inc. ( FIGR ), 1 month performance percentage: 22.63% Lemonade, Inc. ( LMND ), 1 month performance percentage: 17.32% Twenty One Capital, Inc. ( XXI ), 1 month performance percentage: 11.67% Neptune Insurance Holdings Inc. ( NP ), 1 month performance percentage: 10.61% SLM Corporation ( SLM ), 1 month performance percentage: 8.64% F&G Annuities & Life, Inc. ( FG ), 1 month performance percentage: 6.84% StepStone Group Inc. ( STEP ), 1 month performance percentage: 5.45% Apollo Global Management, Inc. ( APO ), 1 month performance percentage: 3.65% Flagstar Bank, National Association ( FLG ), 1 month performance percentage: 2.84% Virtu Financial, Inc. ( VIRT ), 1 month performance percentage: 2.68% Financials ETFs:...
Bloomberg’s Tim Stenovec discusses the selloff in tech stocks as investors weigh whether it's a turning point for the market. Plus, NASA prepares to launch Artemis II on a lunar flyby. And, investors eye a mega $75 billion SpaceX IPO and the impact Elon Musk’s Terafab plan could have on the business. (Source: Bloomberg)
Bloomberg’s Tim Stenovec discusses the selloff in tech stocks as investors weigh whether it's a turning point for the market. Plus, NASA prepares to launch Artemis II on a lunar flyby. And, investors eye a mega $75 billion SpaceX IPO and the impact Elon Musk’s Terafab plan could have on the business. (Source: Bloomberg)
Robert Way/iStock Editorial via Getty Images A district court judge has granted a preliminary injunction to Verizon ( VZ ) that blocks T-Mobile ( TMUS ) from running an advertisement that claims consumers who switch from Verizon’s ( VZ ) Unlimited Ultimate Plan to T-Mobile’s ( TMUS ) Better Value Plan can save more than $1,000 per year on their wireless bills. The decision by Judge Lewis Kaplan fo...
Robert Way/iStock Editorial via Getty Images A district court judge has granted a preliminary injunction to Verizon ( VZ ) that blocks T-Mobile ( TMUS ) from running an advertisement that claims consumers who switch from Verizon’s ( VZ ) Unlimited Ultimate Plan to T-Mobile’s ( TMUS ) Better Value Plan can save more than $1,000 per year on their wireless bills. The decision by Judge Lewis Kaplan found that T-Mobile ( TMUS ) ads constitute false advertising in that the claim that a customer can save $1,000 per year on a comparable plan by switching from Verizon’s ( VZ ) Unlimited Ultimate Plan is false. “Instead of putting comparable plans side-by-side, T-Mobile engages in an apples-to-oranges comparison at every step of the way,” Kaplan writes, adding that the “falsity of T-Mobile’s comparison is apparent even in its most detailed promotional material: the calculator.” In making this argument, Kaplan says T-Mobile ( TMUS ) – without disclosing it is doing so—compares Verizon’s ( VZ ) nonpromotional rate of $195 per month with its own promotional rate of $140 per month. “Comparing a nonpromotional plan to a promotional plan is akin to comparing an apple to an orange. They simply are different things,” Kaplan continues. The decision also criticized T-Mobile’s ( TMUS ) price guarantee of five years. “There is no guarantee that the claimed savings—again, assuming they were even attainable—would last for one year, let alone five,” the decision read. More on Verizon, T-Mobile US Verizon: Caution Is Warranted, Despite The Strong Fundamentals (Rating Downgrade) Chart Of The Day: Yes, Slow And Steady Can Still Win Verizon Communications Inc. (VZ) Presents at Deutsche Bank 34th Annual Media, Internet & Telecom Conference Transcript Verizon's new reporting structure 'investor unfriendly' - KeyBanc Communication services stocks with the highest dividend yields amid market volatility
May NY world sugar #11 (SBK26 ) on Monday closed down -0.21 (-1.33%), and May London ICE white sugar #5 (SWK26 ) closed down -6.30 (-1.37%). Sugar prices gave up an early advance on Monday and turned lower after a rally in the dollar index ($DXY ) to a 10.5-month...
May NY world sugar #11 (SBK26 ) on Monday closed down -0.21 (-1.33%), and May London ICE white sugar #5 (SWK26 ) closed down -6.30 (-1.37%). Sugar prices gave up an early advance on Monday and turned lower after a rally in the dollar index ($DXY ) to a 10.5-month...
Thidarat Kwangten/iStock via Getty Images Shares in cleaning products maker Clorox ( CLX ) have struggled and are trading just off its 52-week lows. I view the underperformance as a surprise, especially given the broader market volatility and what I would expect as a greater draw to safety in this bear-like trading environment. Shares in CLX come attached with a safe quarterly dividend that is cur...
Thidarat Kwangten/iStock via Getty Images Shares in cleaning products maker Clorox ( CLX ) have struggled and are trading just off its 52-week lows. I view the underperformance as a surprise, especially given the broader market volatility and what I would expect as a greater draw to safety in this bear-like trading environment. Shares in CLX come attached with a safe quarterly dividend that is currently yielding nearly 5%, and I believe there is also attractive upside potential embedded in the stock. While the company has struggled with uneven demand trends, with its topline hurt by trade-down behavior from core consumers, I believe its necessity-based business model and defensive characteristics will ultimately serve it well in the current uncertain market environment. CLX Stock Key Metrics Though shares in CLX are positive YTD, the stock is still down about 30% over the past year. What I find even more shocking, however, is the nearly 50% decline over the past five years. Seeking Alpha - 5-YR Share Price Returns Of CLX Stock The company certainly has had its setbacks, including the ongoing trend of consumer trade-down for its core cleaning products. However, I still view the underperformance as overkill, especially for a time-tested and durable customer staple such as CLX. Despite the underperformance, CLX’s valuation still trades at what many would say is not a deep bargain. Shares currently trade at a 17x forward, for example. That’s still slightly above the sector median. In addition, CLX’s enterprise value is 12x its forward EBITDA, also a few clicks above the sector. These valuations, however, are significantly discounted to its 5-year averages, and on some of these metrics, I can see CLX rising back up to its mean. Seeking Alpha - Valuation Metrics Of CLX Stock At present, there is broad consensus that CLX is a "Hold" at current levels, with most coverage from the Seeking Alpha (“SA”) community in the "Hold" or "Sell" lean. While analysts on Wall Street are ...
atakan/iStock via Getty Images The Federal Reserve should resist reacting to oil-driven inflation and maintain its focus on labor market conditions, according to DoubleLine deputy chief investment officer Jeffrey Sherman. In an interview with CNBC, Sherman argued that oil price ( CL1:COM ), ( CO1:COM ) shocks function as their own form of monetary tightening, making additional Fed intervention unn...
atakan/iStock via Getty Images The Federal Reserve should resist reacting to oil-driven inflation and maintain its focus on labor market conditions, according to DoubleLine deputy chief investment officer Jeffrey Sherman. In an interview with CNBC, Sherman argued that oil price ( CL1:COM ), ( CO1:COM ) shocks function as their own form of monetary tightening, making additional Fed intervention unnecessary. “Oil price shocks are actually a version of hawkish policy itself,” Sherman explained, noting that rising energy costs strain the broader economy without central bank action. Sherman emphasized that the Fed traditionally focuses on core inflation, which strips out volatile commodity prices despite their impact on consumers and businesses. While markets in the UK and Europe have been pricing in rate hikes in response to the energy shock, Sherman believes the appropriate response is no reaction based on energy prices alone. Instead, he urged policymakers to return to evaluating where the economy stands within the labor market cycle. The DoubleLine executive expressed skepticism about the effectiveness of rate cuts in stimulating hiring, even as Fed Governor Stephen Miran has advocated for 25-basis-point reductions. Sherman questioned whether modest easing would motivate corporate America. “If we ease 25 basis points, does that get corporate America excited about hiring? Probably not,” he said, adding that he remains unconvinced that even 100 basis points of cuts would meaningfully change the overall hiring outlook. Sherman noted a concerning disconnect in the bond market, where yields have failed to decline despite recent Fed rate cuts. He attributed this to fiscal concerns across developed markets, with long-term yields near cycle highs in the US, UK, Europe, and Japan. This “market rejection” of the back end of the curve suggests longer-term inflation concerns and what Sherman called the “overall ills of fiscal policy in the entire developed world.” Beyond immedia...
Hispanolistic/E+ via Getty Images Uber Earnings rundown Uber Technologies, Inc. ( UBER ) is back on my radar after the recent pullback. The stock has been in limbo for the past few months, down over 15% year-to-date and touching a recent low of $68.40 on Friday, and is now flat on Monday. Uber went out of the market’s favor after Q4 earnings, which disappointed investors, with revenue of $14.37 bi...
Hispanolistic/E+ via Getty Images Uber Earnings rundown Uber Technologies, Inc. ( UBER ) is back on my radar after the recent pullback. The stock has been in limbo for the past few months, down over 15% year-to-date and touching a recent low of $68.40 on Friday, and is now flat on Monday. Uber went out of the market’s favor after Q4 earnings, which disappointed investors, with revenue of $14.37 billion, above the $14.32 billion consensus, up from $12 billion in the year-ago quarter. The closely watched mobility segment was up 19% year over year to $8.2 billion, slightly missing consensus at $8.3 billion, while delivery revenue was up 30% during the same period to $4.9 billion, above consensus at $4.72 billion. Uber Earnings Delivery was something I flagged when I last covered the stock in September of last year, and it seems to be gaining momentum. Seeking Alpha - The Techie Uber's Q4 net income of $296 million looked weak against the prior year's $6.88 billion, but the comparison doesn’t give the full picture, as the drop was driven by a $1.6 billion pre-tax headwind from equity investment revaluations, higher taxes, and deliberate pricing investments to drive affordability and user acquisition. Strip that out, and the operating picture was clean, with gross bookings of $54.1 billion beating the $53.1 billion consensus; monthly active consumers hit 202 million, up 18% year-over-year, and management expects at least 17% gross bookings growth to $52 billion to $53.5 billion in Q1 '26. The softness in reported profits was the cost of buying growth, and by the bookings and user metrics, it's working. Trips per vehicle per day on Uber's platform are running 30% higher than standalone first-party AV platforms, with better ETAs. CEO Dara Khosrowshahi also made the structural point that Uber's delivery and freight network allows it to utilize AV vehicles during mobility demand troughs, which is a cross-network utilization advantage that no pure-play AV operator can replica...