American Express Company (AXP) recently reported strong third-quarter 2024 earnings, driven by increased card member spending, fee growth, rising net interest income, and a growing Gen-Z and Millennial customer base. Moreover, AmEx increased its 2024 earnings guidance, reflecting resiliency in its core business prospects despite a softer spending growth environment. The strong results reflect AXP's robust business model and the strength of its premium customer base. With solid growth across key financial me ...

Following the government's announcement of significant economic stimulus measures, Chinese stocks recently experienced a major rally, with some soaring as much as 100% from their 52-week lows. However, the surge has since cooled, with a pullback emerging over the past two weeks, raising the question: Is this dip a great buying opportunity, or should investors remain cautious? While the rally has ignited optimism, investors must now assess whether the market still offers value or if further volatility and po ...

Quite a few shipping companies have seen their stocks added to the Zacks Rank #1 (Strong Buy) list and are standing out in terms of value. Bolstering their valuations is that these Zacks transportation-shipping stocks are offering enticing dividends and have seen a positive trend of earnings estimate revisions which suggests more upside. Cool Company - CLCO Operating fuel-efficient liquified natural gas carriers, Cool Company (CLCO) is an up and coming shipping stock to watch after launching its IPO at the ...

Note: I previously covered Cool Company (NYSE: CLCO ) in April 2024. The company has a quality fleet and robust balance sheet. CLCO, among its peers, has the best dividend policy considering yields and payout ratios. At the time of the publication, CLCO traded at I am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursue my endeavors: gro ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, September 30: Cool Company Ltd. (CLCO) : This LNG transportation and logistics company. has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% the last 60 days. This Zacks Rank #1 company has a dividend yield of 14.5%, compared with the industry average of 3.4%. CTO Realty Growth, Inc. (CTO) : This real estate investment trust has witnessed the Zacks Consensus Estimate for ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, September 20th: Cool Company Ltd. (CLCO) : This company which is an owner, operator and manager of fuel-efficient liquefied natural gas carriers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days. This Zacks Rank #1 (Strong Buy) company has a dividend yield of 14.5%, compared with the industry average of 3.4%. Qifu Technology, Inc. (QFIN) : This ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Qifu Technology, Inc. (QFIN) : This Credit-Tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, has seen the Zacks Consensus Estimate for its current year earnings increasing 20.5% over the last 60 days. Co ...

Core Insights - Johnson Controls International (JCI) is positioned to benefit from the growth of data centers and the AI-driven market, providing essential infrastructure for this sector [4][17] - The company has undergone a strategic restructuring, divesting its residential and light commercial HVAC business for $8.1 billion, allowing it to focus on higher-growth commercial and industrial segments [11][12][13] Financial Performance - JCI's stock price is currently $72.87, with a P/E ratio of 29.50 and a dividend yield of 2.03% [3] - The company reported a 10% increase in its Building Solutions backlog for North America, reaching $9 billion at the end of Q3 [9] - JCI's annual dividend is $1.48, with a payout ratio of 59.92%, reflecting its commitment to shareholder returns [15][16] Market Position and Growth Opportunities - Analysts have upgraded JCI's stock, with Bank of America raising the price target to $80 and Morgan Stanley initiating coverage with a target of $85, citing strong end-market exposure [5][6] - JCI expects to generate 14% of its revenue from data centers this year, indicating a significant growth opportunity in this sector [6] - The company is also focusing on retrofitting buildings to enhance efficiency and reduce carbon footprints, supported by its OpenBlue digital platform [7][10] Strategic Focus - The recent restructuring is expected to improve profitability and efficiency, allowing JCI to channel resources toward core businesses better positioned for growth [12][14] - The company aims to capitalize on the increasing demand for data center solutions and its role in the transition to net zero [14][17]

Core Viewpoint - Cool Company Ltd. (CLCO) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - A strong correlation exists between earnings estimate revisions and near-term stock price movements, driven by institutional investors who adjust their valuations based on these estimates [4][6]. Company Performance Indicators - Cool Company Ltd. is expected to earn $2.03 per share for the fiscal year ending December 2024, representing a year-over-year decline of 37.5% [8]. - Over the past three months, the Zacks Consensus Estimate for Cool Company Ltd. has increased by 9.1%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Cool Company Ltd. to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

T II E II I alvarez Cool Company (NYSE:CLCO) is currently offering one of the most attractive dividend yields among shipping equities at about 13.7%. The LNG transportation giant, with 11 vessels on its roster, posted its Q2 results on Thursday. The company showed strong numbers and kept the dividend steady, which was a big relief for investors. The stock has risen since, especially after some recent drama around a potential dividend cut. Here's what happened: on Wednesday, August 28th (the day before earni ...