Expect the unexpected. That's the best advice I can give investors this Tuesday morning. One and a half hours into trading, Wells Fargo (NYSE: WFC ) is up a solid if not stellar 0.75%. Its Big Four peers are up even more. Has the global freak-out over last week's move by the Fed run its course, or is this merely a lull in the action?
This was no move
It's not even accurate to label what the Fed did "a move." Technically, there was no move. The third round of quantitative easing will continue as it has been since its inception last September. There was an announcement that the Fed might taper its $85 billion in monthly bond purchases beginning later this year if the economic data keeps trending in the right direction.
But that was enough to send global markets into a tizzy, and not just equity markets: Bond and commodities markets reacted sharply to the Fed's announcement, too. And just for good measure, a credit crunch in the world's other economic superpower, China, spurred investor fears of slower growth there or even outright financial instability, a la our own financial crisis.
Hot High Tech Companies To Invest In 2015: Hospitality Properites Trust (HPT)
Hospitality Properties Trust, a real estate investment trust (REIT), engages in buying, owning, and leasing hotels. The company�s hotels are operated as Courtyard by Marriott, Residence Inn by Marriott, Staybridge Suites by Holiday Inn, Candlewood Suites, AmeriSuites, Prime Hotels and Resorts, Homestead Studio Suites, TownePlace Suites by Marriott, and SpringHill Suites by Marriott or Marriott Hotels and Resorts. As of June 30, 2005, it owned 298 hotels located in 38 states in the United States; Puerto Rico; and Ontario, Canada. The company�s hotels are primarily designed for business, governmental, and family travelers. As a REIT, the company would not be subject to federal income tax provided it distributes at least 90% of its REIT taxable income to its stockholders. Hospitality Properties was formed in 1995 and is based in Newton, Massachusetts.
Advisors' Opinion:- [By Markus Aarnio]
American Hotel Income Properties' competitors include Hospitality Properties Trust (HPT), RLJ Lodging Trust (RLJ), and Hersha Hospitality Trust (HT).
- [By Marc Bastow]
Hotel and travel REIT Hospitality Properties Trust (HPT) raised its quarterly dividend 2.1% to 48 cents per share, payable Nov. 22 to shareholders of record as of Oct. 25.
HPT Dividend Yield: 6.71%
Top 5 Financial Stocks To Own Right Now: Alliance Capital Management Holding L.P. (AB)
AllianceBernstein Holding L.P. provides investment management and related services in the United States and internationally. It offers institutional services, including separately-managed accounts, sub-advisory relationships, structured products, collective investment trusts, mutual funds, hedge funds, and other investment vehicles to unaffiliated corporate and public employee pension funds, endowment funds, domestic and foreign institutions, and governments. The company also provides retail services comprising retail mutual funds, sub-advisory relationships with mutual funds sponsored by third parties, and separately managed account programs sponsored by various financial intermediaries and other investment vehicles. In addition, it provides separately managed accounts, hedge funds, mutual funds, and other investment vehicles for private clients, including high-net-worth individuals, trusts and estates, charitable foundations, partnerships, and private and family corporat ions. Further, AllianceBernstein Holding L.P. offers research services to institutional investors through research, portfolio analysis, and brokerage-related services; and equity capital markets services to issuers of publicly-traded securities. Additionally, it provides distribution, shareholder servicing, and administrative services to its sponsored mutual funds. AllianceBernstein Corporation serves as the general partner of the company. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York. AllianceBernstein Holding L.P. operates as a subsidiary of AXA.
Advisors' Opinion:- [By Dan Caplinger]
In the following video, Dan Caplinger, The Motley Fool's director of investment planning, goes through a few situations where an IRA rollover might not be ideal. Dan notes that Franklin Templeton (NYSE: BEN ) , AllianceBernstein (NYSE: AB ) , Goldman Sachs (NYSE: GS ) , and other companies often offer cheaper class of mutual funds that would otherwise carry sales loads or higher fees outside a 401(k). Dan also talks about company stock and the special rules for 401(k)s that own it, as well as the importance of looking at overall fees to decide if your 401(k) is the best place to invest or whether an IRA rollover will help you more.
- [By J. Royden Ward]
AllianceBernstein Holding LP (AB) offers high quality research and diversified investment services to institutional investors and private clients in major global markets. The company is one of the largest US investment advisors, with assets under management totaling $445 billion, as of January 31.
- [By J. Royden Ward]
AllianceBernstein LP (AB), a master limited partnership, is one of the largest US investment advisors. It actively manages stock and bond accounts for institutions, mutual funds, and well-heeled clients.
Top 5 Financial Stocks To Own Right Now: Prudential Bancorp Inc. of Pennsylvania(PBIP)
Prudential Bancorp, Inc. of Pennsylvania operates as the holding company for Prudential Savings Bank that provides various financial products and services in Pennsylvania. Its deposit products include interest-bearing and non-interest-bearing checking, money market, savings, and certificate of deposit accounts. The company?s loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and consumer loans. The company also provides securities and insurance products, as well as automated teller machine and online banking services. As of September 30, 2010, it operated a main office and six branch offices located in Philadelphia and Delaware Counties. The company was founded in 1886 and is headquartered in Philadelphia, Pennsylvania. Prudential Bancorp, Inc. of Pennsylvania is a subsidiary of Prudential Mutu al Holding Company.
Advisors' Opinion:- [By Jim Royal]
I really like to invest in bank demutualizations, and my Special Situations portfolio is back to buy another one: Prudential Bancorp (NASDAQ: PBIP ) . In October, the bank completed its second-step conversion, making it a fully public institution, but it trades at just 73% of tangible book value. That's tremendously cheap for a profitable, albeit slightly, bank. So I'm stepping up to buy the stock.
Top 5 Financial Stocks To Own Right Now: Consumer Discretionary Select Sector SPDR Fund (XLY)
Consumer Discretionary Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Consumer Discretionary Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing.
The Fund utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index. The Fund�� investment advisor is SSgA Funds Management, Inc.
Advisors' Opinion:- [By Tom Aspray]
First, let’s look at the quarter by quarter performance for 2013, as well as how the Select Sector ETFs are doing so far in the 4th quarter. Two of my favorite ETFs as we started 2013, the Select Sector SPDR Health Care (XLV) and the Select Sector SPDR Consumer Discretionary (XLY) are the top gainers in 2013.
- [By Ben Levisohn]
The Consumer Discretionary Select Sector SPDR (XLY), which had been down as much as 0.8%, is now little changed at $60.78, while the Financial Select Sector SPDR (XLF) is off just 0.2% at $20.27.� Hardest hit is the Utilities Select Sector SPDR (XLU), which has dropped 1.2% to $37.67. The Technology Select Sector SPDR (XLK) is the top performer: It’s up 0.1% at $32.49.
- [By Ben Eisen]
The consumer discretionary sector of the S&P 500 has been going gangbusters this year, climbing 36.6%, while the Select Sector SPDR-Consumer Discretionary exchange-traded fund (XLY) is similarly up 36.7%, hitting a record earlier this month. That outperformance has supported the broader S&P 500, which is up 26.5% this year.
- [By Ben Levisohn]
The Consumer Discretionary Select Sector SPDR ETF (XLY) has fallen 1.7% to $58.35 today, the worst among SPDR’s sector ETFs. Big losers today include the Home Depot (HD), which has fallen 2.8% to $75.27, Lowes (LOW), which has dropped 2.3% to $43.98, and Johnson Controls (JCI) which has declined 2.7% to 40.71.
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