Aon Corporation (NYSE:AON) is a global professional services firm with 70,000+ employees in 120 countries. The company provides insurance brokerage to corporate clients (70% of EBIT) and human resource consulting services for pension, health benefits, compensation, etc. (30% of EBIT).
The company produces significant and growing free cash, strong ROE (~20%), is capital light, has mostly recurring revenue, customer stickiness (client retention over 90%), low capex requirements and consistent margin improvement.
Aon has strong capital allocation capabilities and a solid track record of creating value for its shareholders.
Current market cap. is ~$29 billion and EV is ~$35 billion.
The following slides provide a good overview of the business:
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Hot Insurance Stocks To Own Right Now: Adams Resources & Energy, Inc.(AE)
- [By Shane Hupp]
Aeternity (AE) uses the hashing algorithm. Its launch date was September 2nd, 2017. Aeternity’s total supply is 273,685,830 tokens and its circulating supply is 233,020,472 tokens. Aeternity’s official website is www.aeternity.com. Aeternity’s official Twitter account is @aetrnty and its Facebook page is accessible here. The Reddit community for Aeternity is /r/Aeternity and the currency’s Github account can be viewed here.
- [By Ethan Ryder]
Aeternity (CURRENCY:AE) traded 0.3% lower against the US dollar during the 1 day period ending at 23:00 PM Eastern on June 16th. Aeternity has a market cap of $610.90 million and approximately $5.83 million worth of Aeternity was traded on exchanges in the last 24 hours. Over the last week, Aeternity has traded 21.4% lower against the US dollar. One Aeternity token can now be purchased for approximately $2.62 or 0.00040024 BTC on major cryptocurrency exchanges including Lykke Exchange, Binance, Koinex and Gate.io.
- [By Shane Hupp]
Aeternity (CURRENCY:AE) traded down 15.9% against the US dollar during the 24 hour period ending at 17:00 PM ET on June 10th. One Aeternity token can currently be purchased for approximately $2.94 or 0.00043736 BTC on popular exchanges including LATOKEN, Lykke Exchange, CoinBene and IDAX. Aeternity has a market cap of $684.89 million and approximately $14.30 million worth of Aeternity was traded on exchanges in the last 24 hours. Over the last week, Aeternity has traded down 16.7% against the US dollar.
Hot Insurance Stocks To Own Right Now: Landec Corporation(LNDC)
- [By Stephan Byrd]
Landec Co. (NASDAQ:LNDC) Director Nelson Obus bought 12,900 shares of the business’s stock in a transaction on Friday, February 8th. The stock was acquired at an average cost of $12.12 per share, for a total transaction of $156,348.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Landec (LNDC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Garrett Baldwin]
The Top Stock Market Stories for Tuesday
The price of Brent crude oil pushed above $85 per barrel yesterday, its highest level in four years. Analysts are projecting that oil could easily hit $100 per barrel in the next few weeks, as OPEC and Russia continue to focus on pushing prices higher. The recent price rally has been driven by the Trump administration’s Nov. 4 deadline for nations to stop purchasing crude from Iran. Gold prices are sitting under $1,200, one week after the U.S. Federal Reserve raised interest rates for the third time this year. However, Money Morning Resource Specialist Peter Krauth has predicted a big bounce for gold prices in the coming months. Just how high will gold bounce thanks to the ongoing geopolitical problems around the globe? Find out right here.
Stocks to Watch Today: AMZN, PEP, TSLA
Shares of Amazon.com Inc. (NASDAQ: AMZN) are in focus after the company announced it will raise its minimum wage to $15 per hour. The change will take place on Nov. 1. The wage change will affect 250,000 employees. Pepsico Inc. (NYSE: PEP) leads a busy day of earnings reports. The beverage company topped Wall Street expectations with an EPS of $1.59 on top of $16.49 billion in revenue. Those numbers beat consensus forecasts of $1.56 on $16.38 billion in revenue. CEO Indra Nooyi is stepping down this week, but she will remain the chair of the board. Tesla Inc. (NASDAQ: TSLA) announced it produced 83,500 vehicles in the third quarter. The stock has been on a whirlwind in recent days. On Monday, the U.S. Securities and Exchange Commission announced it had settled a case with CEO Elon Musk over his misleading tweets about taking the company private. Musk and Tesla will pay $20 million each, and M
Hot Insurance Stocks To Own Right Now: Xilinx, Inc.(XLNX)
- [By Shane Hupp]
Xilinx, Inc. (NASDAQ:XLNX) reached a new 52-week high during trading on Thursday . The stock traded as high as $79.92 and last traded at $79.89, with a volume of 193274 shares changing hands. The stock had previously closed at $79.15.
- [By Ezra Schwarzbaum]
Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:
Lumentum Holdings Inc (NASDAQ: LITE)
Ciena Corporation (NYSE: CIEN)
Coherent, Inc. (NASDAQ: COHR)
II-VI, Inc. (NASDAQ: IIVI)
Inphi Corporation (NYSE: IPHI)
Skyworks Solutions Inc (NASDAQ: SWKS)
Integrated Device Technology Inc (NASDAQ: IDTI)
Qorvo Inc (NASDAQ: QRVO)
Xilinx, Inc. (NASDAQ: XLNX)
Broadcom Inc (NASDAQ: AVGO)
- [By ]
Cramer was bearish on Xilinx (XLNX) , Celgene (CELG) , Exelixis (EXEL) , Moneygram (MGI) , Monster Beverage (MNST) , SunCoke Energy Partners (SXCP) and Mattel (MAT) .