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Posts Tagged ‘barron’s’

Stock Exchange Winners and Losers under a Clinton Presidency

August 16th, 2016 Comments off

stock_exchange_electronic_board__neurolog_dash_kielce postedDailyBusinessNewsMHProNewsMHProNews has learned from etfdailynews which exchange-traded funds (ETFs) would thrive under a Hillary Clinton presidency and which would starve, according to Barron‘s.

Winners would include hospitals and managed-care facilities because of her intention to expand the Affordable Care Act (ACA), which could prod iShares Dow Jones US Health Care ETF (NYSE:IHF) to perform well. This stock boasts several hospital stocks in its holdings.

Clinton’s Clean Energy Challenge includes tax incentives and grants for green energy initiatives, including solar and wind power companies. ETF to watch: PowerShares WilderHill Clean Energy ETF (NYSE:PBW), which holds a variety of alternative energy companies.

Defense stocks could light up the board nicely as defense firms are among her largest donors. Having dealt with several military operations as Secretary of State, she is no stranger to military intervention. Stock to watch: iShares Dow Jones US Aerospace & Defense ETF (NYSE:ITA), which has a portfolio of the largest defense contractor stocks.

ETFs to run from would include Drugmakers: Clinton has made it clear she intends to lower the price of pharmaceuticals, to the point of having singled-out particular firms. Avoid iShares NASDAQ Biotechnology Index ETF (NASDAQ:IBB).

Large banks, brokerage firms and financial services would not likely do well under Clinton because of her support for the Consumer Financial Protection Bureau (CFPB), her desire to tax high frequency trading, and she favors a “risk fee” for big banks. Her support of Dodd-Frank and the CFPB certainly earns her a “no” from the manufactured housing industry. Stock to avoid: SPDR KBW Bank ETF (NYSE:KBE), as it targets large banks.

Finally, fossil fuel firms wold likely fare badly with Clinton in the White House. She has stated her opposition to coal mining on federal lands and opposes offshore drilling for oil. ETF to stay clear of: Energy Select Sector SPDR ETF (NYSE:XLE). The company has large holdings in Exxon and Chevron. ##

(Photo credit: Neurolog-Kielce–Electronic ETF board)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

 

Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry

April 29th, 2016 Comments off

skyline_corporation_homeWriting in barrons, Teresa Rivas says shares of manufactured and modular home builder Skyline Corp. have risen because of a case of mistaken identity: Sky TV is billionaire publisher Rupert Murdoch’s entertainment company, which announced in early March it was launching a new TV channel in the British Isles. Skyline Corp, the home builder is listed as “SKY” on the New York Stock Exchange, caused investors to buy shares of the MH and modular home builder instead of Murdoch’s similarly named media operation.

Rivas refers to Sonya Colberg, who writes for Street Sweeper. She paints a dismal picture of the MH industry, erroneously saying it and Skyline are both declining. In fact, sales of MH have been increasing monthly for the last six years, based on the Department of Housing and Urban Development’s (HUD) numbers, as MHProNews has noted numerous times every year.

Mobile Homes have not been produced since early 1976, and their modern day evolutionary counterparts are now legally called manufactured homes and are built to strict federal codes lacking in the trailer house/mobile home era.

April 30, 2015 Skyline Corp. stock was at $3.58; it closed yesterday at $8.95. Last year Skyline was the focal point of a bidding war between two suitors. Losing businesses are not often sought and bought. According to CNNMoney, Skyline’s earnings growth last year was +14.01 percent.

Rupert Murdoch owns Dow Jones, which publishes Barrons. ##

(Photo credit: Skyline Corp.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.