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7 Gold Stocks to Buy as the Fear Trade Kicks into High Gear
InvestorPlace· 2024-04-10 17:30
Gold stocks to buy benefit from both a near term and long-term approach. In the immediate framework, the yellow metal has been a stout performer. Further, recent developments, such as a strong jobs report in March continue to fan the flames of inflation.Looking over the horizon, gold stocks to buy may benefit from the fear trade. After all, investors have much to be worried about. From geopolitical flashpoints extending across multiple regions in the world to broader global economic uncertainties, there are ...
7 Stocks That Should Outperform on the Next Fed Rate Cut
InvestorPlace· 2024-04-09 16:12
With the Federal Reserve having seemingly engineered a viable pathway to a soft economic landing, the topic of stocks to buy on rate cut have enjoyed significant momentum. Of course, as with anything involving high finance these days, the matter got more complicated.Yes, the central bank previously expressed measured optimism that inflation was generally moving in the right direction. However, with the latest jobs report showing continued robustness in the labor market, the reality is difficult to ignore: m ...
BHP Group Should Be Added By Investors Seeking Income And An Attractive Total Return
Seeking Alpha· 2024-04-01 18:34
Vladimir Zapletin/iStock via Getty ImagesLast week I bought BHP Group Limited (NYSE:BHP) stock expecting a reasonable total return for a 2-3 year holding period. I used some of the proceeds from selling Nucor (NUE) stock the prior week to buy BHP. While I am monitoring iron ore, copper, metallurgical coal prices and AUD/USD exchange rates, I am also watching the continued political debates in Australia over franking. BHP is a "buy" at current levels for those seeking a reasonable total return over the n ...
5 Very Large Cap Blue Chip Stocks With 5% and Higher Dividends
24/7 Wall Street· 2024-03-30 12:17
5 Very Large Cap Blue Chip Stocks With 5% and Higher Dividends Teerachai Jampanak / Shutterstock.com Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations.A recent study from the Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18 ...
BHP donates $500,000 to Saskatoon Food Bank & Learning Centre's Plant Possibility Campaign to help meet growing need
Newsfilter· 2024-03-19 15:00
SASKATOON, Saskatchewan, March 19, 2024 (GLOBE NEWSWIRE) -- BHP and the Saskatoon Food Bank and Learning Centre (SFBLC) are pleased to announce a $500,000 donation from BHP to SFBLC's Plant Possibility Campaign. The donation will support a new food warehouse and learning campus, as the SFBLC expands to meet the city's increasing need for safe, affordable and nutritious food. Poverty and hunger are overwhelming realities for the people turning to the SFBLC each month. In the last ten years, Saskatoon's food ...
7 Must-Own Gold Stocks to Combat Sticky Inflation
InvestorPlace· 2024-03-06 20:22
With the Federal Reserve aggressively targeting inflation via elevating the benchmark interest rate, gold stocks to buy represented a questionable venture to say the least. Gold typically does well under rising prices as an inflation hedge. Like other commodities, it doesn’t perform up to snuff during disinflationary cycles.However, as The Wall Street Journal pointed out not too long ago, consumer prices have been rising faster than expected. Stated differently, inflation is sticky; that is, prices are not ...
Profit Collapse Looms For BHP, Rio Tinto And Fortescue
Forbes· 2024-02-27 01:43
The crash in prices for nickel and lithium, two key battery metals, could be a precursor to something more significant, a collapse in the price of iron ore which underpins the profits of some of the world’s biggest mining companies.Predictions of a steep fall in the iron ore price have been routine over the past two years, primarily because of concern about declining demand from China, the world’s biggest consumer of the commodity which is used to make steel.BHP's Port Hedland Iron Ore processing plant. Fai ...
BHP Group (BHP) Reports Y/Y Flat Earnings in First Half of FY24
Zacks Investment Research· 2024-02-21 19:16
BHP Group (BHP) reported underlying attributable profit from continuing operations of $6.6 billion in the first half of fiscal 2024 (ended Dec 31, 2023). The figure was in line with the year-ago comparable period as gains from higher revenues (reflecting improved iron ore and copper prices) and disciplined cost control were offset by higher input and labor costs.Underlying earnings per share were $1.29 in the first half of fiscal 2024 compared with $1.30 in the prior-year period. Earnings per American Depos ...
BHP hit by big impairments after flat half
Proactive Investors· 2024-02-20 08:30
BHP lowered its dividend by less than expected with its latest half-year numbers in a sign that it is more confident over the outlook for bulk metals said analysts. Underlying profits for the six months to end December 2023 were flat at US$6.60bn and slightly better than consensus estimates beforehand though big impairment charges reduced the total down to US$0.9bn. BHP took a US$3.2bn hit for its share of compensation for the Samarco Dam disaster in Brazil and also US$2.5bn for potentially closing its West ...
BHP(BHP) - 2024 Q2 - Earnings Call Transcript
2024-02-20 06:30
Company Participants Mike Henry - CEO David Lamont - CFO Mike Henry Operationally, in the December 2023 half, we delivered a 7% increase in copper production. We maintained strong momentum at Western Australia Iron Ore and we remain on track to meet our original full year production and unit cost guidance across all bar one of our assets. We progressed important portfolio changes in line with our strategy, including, successfully integrating our new copper asset in South Australia. Sanctioning additional in ...