Sitting in the comfort of your home or office, you may not have felt the tectonic shockwaves unleashed through the brokerage community by a new regulation from the Department of Labor (DOL), but you can be sure everything is about to change. If you are a retirement investor with money in a 401(k) plan or an individual retirement account, you should know how and why this new rule is about to fundamentally transform the entire financial advice landscape and how it will affect you.
See Also: What the Government’s New Financial-Adviser Rule Means to You
The new rule, dubbed the “fiduciary rule,” is aimed at preventing retirement investors from wasting the $17 billion a year the government claims is paid for high fees and commissions. High fees diminish the long-term returns on retirement savings, making it more difficult for people to reach their retirement goals. The rule seeks to keep advisers from putting their own interests in generating higher fees and commissions above the interests of their clients in selecting the most appropriate investments at the lowest prices. When the rule is fully implemented in April 2017, all financial advisers who provide investment advice for retirement investors, whether it be for an employer-sponsored plan, an IRA or a health savings account, will be subject to a fiduciary standard, which requires them to put their clients’ interests first.
Hot Financial Stocks To Watch Right Now: Canadian Imperial Bank of Commerce(CM)
- [By Logan Wallace]
Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.
Hot Financial Stocks To Watch Right Now: QCR Holdings Inc.(QCRH)
- [By Keith Fitz-Gerald]
My favorite at the moment is QCR Holdings Inc. (NasdaqGM:QCRH).
Founded in 1993 and headquartered in Moline, IL, the bank has a strong regional lending base in Illinois and Iowa that should grow in line with the broader national economy. I particularly like the fact that the bank considers itself relationship-driven at a time when trust is in short supply.
Hot Financial Stocks To Watch Right Now: Stratus Properties Inc.(STRS)
- [By Shane Hupp]
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
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Analyzing Stratus Properties (STRS) & City Developments (CDEVY) (americanbankingnews.com) Stratus Properties (STRS) versus City Developments (CDEVY) Financial Survey (americanbankingnews.com) Reviewing Stratus Properties (STRS) and St. Joe (JOE) (americanbankingnews.com) Stratus Properties (STRS) versus City Developments (CDEVY) Head-To-Head Analysis (americanbankingnews.com) Contrasting Stratus Properties (STRS) & St. Joe (JOE) (americanbankingnews.com)
NASDAQ STRS traded down $0.25 during trading hours on Monday, hitting $31.10. The company’s stock had a trading volume of 528 shares, compared to its average volume of 7,123. Stratus Properties has a 52 week low of $26.15 and a 52 week high of $32.15. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.74.
Hot Financial Stocks To Watch Right Now: CME Group Inc.(CME)
- [By ]
Sure, I will invest more in certain high-confidence picks than others, but without going overboard. This might limit the impact from a triple-digit winner in my High-Yield Investing portfolio, such as CME Group (Nasdaq: CME), where we are showing a 156% gain at last count, but it will also soften the blow from a laggard.
- [By ]
Chicago Mercantile Exchange (CME) : “That’s an ideal stock for this market. I like the choice.”
Aqua America (WTR) : “This is not the stock for a hot economy, even though this is a well-run company.”
- [By Max Byerly]
Deutsche Boerse (OTCMKTS: DBOEY) and CME Group (NASDAQ:CME) are both large-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their valuation, institutional ownership, profitability, earnings, dividends, risk and analyst recommendations.
Hot Financial Stocks To Watch Right Now: Peoples Bancorp Inc.(PEBO)
- [By Joseph Griffin]
BidaskClub downgraded shares of Peoples Bancorp (NASDAQ:PEBO) from a strong-buy rating to a buy rating in a report released on Friday.
Several other equities analysts have also recently issued reports on PEBO. Boenning Scattergood reissued a hold rating on shares of Peoples Bancorp in a research note on Wednesday, April 25th. Hovde Group set a $39.00 price objective on shares of Peoples Bancorp and gave the company a hold rating in a research note on Tuesday, April 24th. Zacks Investment Research raised shares of Peoples Bancorp from a hold rating to a buy rating and set a $37.00 price objective on the stock in a research note on Wednesday, January 10th. ValuEngine raised shares of Peoples Bancorp from a hold rating to a buy rating in a research note on Tuesday, April 24th. Finally, Sandler O’Neill reissued a hold rating and issued a $37.00 price objective on shares of Peoples Bancorp in a research note on Tuesday, January 23rd. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Peoples Bancorp has a consensus rating of Hold and a consensus target price of $38.00.