Tag Archives: CVX

7 Dividend Aristocrat Stocks to Buy in September for Gains and Stability

I’ll start by stating that any month is a great month to buy dividend aristocrat stocks. September is proving to be a volatile month in terms of economic headwinds posed by Covid-19. That has essentially been true for all of 2021, let’s hope 2022 is better.

But that volatility leaves investors searching for stability. That is of course where dividend aristocrat stocks come into the picture: Steady in the best of times and the worst of times. 

We often come across the term “dividend aristocrats” while searching for general investment advice, but what exactly defines this class of stocks?

Most investors know that in order to make the cut, a stock has to have a track record of 25 straight years of dividend increases. In addition, those stocks also have to be members of the S&P 500. I’d venture to guess that most investors didn’t know that there are standards beyond that. 

Dividend aristocrats must also meet a few other requirements including being valued at $3 billion or greater at the point of each quarterly rebalancing. On top of that, companies also have to record an average daily volume of $5 million for each trailing three month period at rebalancing. That means companies can and do fall off the list regularly. 

In 2021 Carrier Global (NYSE:CARR), Otis Worldwide (NYSE:OTIS), and Raytheon (NYSE:RTX) were all removed from the list. 

That should actually give confidence to investors because those that remain have dividend income and potential for capital appreciation. Let’s get into seven such picks right now. 

Amcor (NYSE:AMCR)  Johnson & Johnson (NYSE:JNJ)  Caterpillar (NYSE:CAT) Nucor (NYSE:NUE)  Roper Technologies (NYSE:ROP)  Chevron (NYSE:CVX)  AbbVie (NYSE:ABBV) 

Dividend Aristocrat Stocks for September: Amcor (AMCR)  green beer bottles in a factory line, ready to be sealed. represents packaging companieSource: shutterstock.com/zedspider

Amcor, like almost all companies on this list, operates in an unsexy business: Packaging. Dividend aristocrats are generally old economy companies, so I won’t belabor the point. 

The point here is that Amcor provides packaging solutions across many markets: Beverages, food, healthcare, home care, personal care, pet care, specialty cartons, and technical applications. 

Let’s look at some metrics that matter to dividend investors. In particular, let’s look at Amcor’s growth and its dividend. 

The company’s most recent dividend of 11.8 cents provides a yield of 3.67%, that’s relatively high among the dividend aristocrats. The other thing to note about Amcor is that the AMCR stock has appreciated in price by 9.2% year-to-date. That’s a much higher return than you’ll receive on bonds or a savings account, and quite good in any case. 

Factor in an annualized dividend of 47 cents and that return rises even further. That’s the point with Amcor and the rest of the dividend bearing stocks on this list: Steady, reliable returns around 10% with all factors accounted for. That isn’t an easy feat to achieve even chasing growth stocks. And it’s much, much safer and more reliable.  

The good news is that Amcor is anticipating further growth. Per its most recent earnings report: “Fiscal 2022 outlook: Adjusted EPS growth of 7-11% on a comparable constant currency basis and Adjusted Free Cash Flow of $1.1-$1.2 billion. Allocating approximately $400 million of cash towards share repurchases.”

Johnson & Johnson (JNJ)  jnj healthcare stocksSource: Raihana Asral / Shutterstock.com

Johnson & Johnson is likely the company on this list with the most attention on it. That is of course attributable to its role in the ongoing pandemic. 

The most recent news on that front relates to Covid-19 vaccine booster shots. Officials representing the Pfizer (NYSE:PFE)/BioNTech (NASDAQ:BNTX) vaccine, the Moderna (NASDAQ:MRNA) vaccine, and Johnson & Johnson’s vaccine are all seeking FDA approval for their vaccines as booster shots. 

It is very likely that approval for all three vaccine booster shots will be authorized by mid-September.

That should mean increased revenue at Johnson & Johnson from its pharmaceutical arm, the Janssen subsidiary. 

At this point, it’s almost a foregone conclusion that the JNJ vaccine will be approved as a booster shot. Beyond that, though, investors simply have a reputable dividend stock in Johnson & Johnson. 

The stock’s yield is 2.44% and recently increased from $1.01 to $1.06. So investors can count on between 2% and 3% return from its dividend. JNJ stock has also appreciated in price by 10% YTD, which only helps its appeal. 

Dividend Aristocrat Stocks for September: Caterpillar (CAT)  Image of a yellow construction vehicle with the Caterpillar (CAT) logo on itSource: astudio / Shutterstock.com

Caterpillar is a heavy equipment company, so it’s primed for success with the recent passing of the $1 trillion infrastructure plan in the U.S. Senate. A recent Wall Street Journal article summed up the idea through its title: “Ride the Global Construction Boom with Caterpillar.”

The article notes that Caterpillar should benefit from a cyclical recovery as the “developed world appears poised to embark on a multiyear construction binge.”

Countries are utilizing the current low interest rate environment to undertake these large projects. In the U.S. the $1 trillion infrastructure bill is moving its way through both houses of Congress and is one of few projects with bipartisan support. That all bodes well for Caterpillar of course. 

With Caterpillar, investors get a dividend bearing a 2.1% yield and a stock which has been appreciating in price. Year-to-date, CAT stock is up 16.4%. However, analysts believe there is further growth ahead based on their target stock prices. 

Their consensus target stock price is $233.49, 10.2% above current levels. That’s a nice return to aspire to and there’s safety even if it doesn’t quite reach those levels. 

Nucor (NUE)  a steel frame for a buildingSource: Shutterstock

Let’s begin by discussing Nucor’s price appreciation this year because it’s been quite phenomenal. In 2021 alone NUE stock has increased in price from $52 to $120. That’s exceptional for any class of stock, and unheard of among the dividend class. 

Based on analyst sentiment, Nucor has plateaued and should trade in its current range for the foreseeable future. The high analyst price is $142, but that should be taken as an outlier. 

The good news is that Nucor’s forward price-to-earnings (P/E) ratio of 6.66 looks to be below the forward P/E ratio of the broader steel industry at 17.02. That suggests value following its massive rise.

The stock provides a modest yield of 1.34%, which of course increases return. 

And Nucor certainly has room to grow. It recently completed a $370 million purchase of Hannibal Steel on Aug. 23. And there’s plenty of growth left in the steel industry. Steel prices are up 87% this year, hitting $1,900 a ton. 

Analysts believe that those price levels will persist for some time. Nucor will benefit handsomely should that prove true. 

Dividend Aristocrat Stocks for September: Roper Technologies (ROP)  Image of Roper Technologies logo visible on display screenSource: IgorGolovniov / Shutterstock.com

Roper Technologies is an under the radar business in the sense that it isn’t a household name. The company was recently mentioned in a Barron’s article discussing the importance of water as both a resource and an asset class. It mentioned Roper Technologies in relation to the company’s water metering solutions, but the company operates across multiple industries and services. 

Roper Technologies sells software, analytics, measurement and process technology solutions across lots and lots of verticals. The business isn’t likely to appear attractive to outsiders, but growth is clearly there. 

While Roper Technologies’ dividend only provides a 0.47% yield, the stock itself has appreciated at a healthy pace. Year-to-date it has risen by 12%. That’s part of a broader trend over the past few years. 

ROP stock has steadily increased from under $300 to near $500 within the last 3 years. There’s no indication that the company will increase its dividend drastically anytime soon, but it could if it chose to: Its dividend payout ratio is 0.22 and anything up to 0.50 is considered very sustainable. 

Chevron (CVX)  Chevron (CVX) logo on gas station sign with "diesel" and "food mart" written underneathSource: Sundry Photography / Shutterstock.com

Big Oil stocks are becoming less and less of a fixture on the dividend aristocrat list. Royal Dutch Shell (NYSE:RDS.A, NYSE:RDS.B) famously cut its dividend for the first time since World War II in April of last year.

Some have speculated that Exxon Mobil (NYSE:XOM) could be next. Chevron, though, has continued, raising its dividend from $1.29 to $1.34 back in May. That equates to a strong 5.45% yield for the stock. It must be noted that questions regarding the sustainability of Chevron’s dividend persist as well. CVX stock certainly carries a bit of risk due to that.

That dividend payout ratio is 2.79 meaning that Chevron is paying $2.79 in dividends for every $1 of net income. As you can imagine, that isn’t something a company can sustain in the long run.

The hope is that the metric will fall as business normalizes for Chevron. If the economy rebounds, more people will be driving and Chevron will benefit. That could mean that CVX stock will approach the $124.40 target price analysts have assigned to it. In that case, everything will be going better for the company and dividend worries will likely have subsided.

Dividend Aristocrat Stocks for September: AbbVie (ABBV) ABBV Stock: Offering Oil Yield Without Oil's RiskSource: Piotr Swat / Shutterstock.com

AbbVie has multiple factors working in its favor as a stock: It has shown strong growth YTD, it bears a strong dividend and it is well regarded. Those are among the reasons that it ends this list of dividend aristocrat stocks to buy in September.

Year-to-date, ABBV stock has increased from $105 to $120. It also bears a dividend yield of 4.31% which well exceeds returns from many assets by itself. Finally, analysts have it rated overweight and see it rising to $127.30 per share.

AbbVie reported strong revenue growth in its latest earnings report. The $13.959 billion it recorded in revenues in Q2 worldwide represented an increase of 33.9%

The hope is that with Humira sales slowing somewhat,  the company can replace them with drugs including Skyrizi. Overall the company has managed to improve its sales so the issues look to be well under control.

On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.

Hot Warren Buffett Stocks To Watch For 2021

It has been more than a week since General Electric (NYSE:GE) announced that it had replaced its now-former CEO, John Flannery. GE stock surged nearly 20% in the wake of the announcement before retreating with the rest of the market The dust has yet to fully settle, though, as investors continue weighing the upside of a highly-motivated, new CEO against the plausible reality that fixing GE still won’t be quick, easy or pretty.

Nevertheless, it is increasingly clear what new CEO Larry Culp will have to do.

The $64,000 question is, can he do it? Most onlookers think that the struggling industrial giant may be in better hands now than it was a week ago, but most of those observers also realize that GE stock is still facing enormous (and potentially expensive) problems.

New Boss, Old Problems

Larry Culp is a well-respected name inside and outside of industrial circles. He took the helm of Danaher (NYSE:DHR) back in 2001, and before stepping down in 2014 had managed to quintuple the company’s revenues and market cap. His acumen isn’t in question.

Hot Warren Buffett Stocks To Watch For 2021: Chevron Corporation(CVX)

Chevron Corporation (Chevron), incorporated on January 27, 1926, manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in fully integrated petroleum operations, chemicals operations, mining activities, power generation and energy services. Upstream operations consist primarily of exploring for, developing and producing crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas; transporting crude oil by international oil export pipelines; transporting, storage and marketing of natural gas, and a gas-to-liquids project. Downstream operations consist primarily of refining crude oil into petroleum products; marketing of crude oil and refined products; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car, and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses and fuel and lubricant additives.

Upstream

At December 31, 2012, Chevron owned or had under lease or similar agreements undeveloped and developed crude oil and natural gas properties worldwide. Upstream activities in the United States are concentrated in California, the Gulf of Mexico, Colorado, Louisiana, Michigan, New Mexico, Ohio, Oklahoma, Pennsylvania, Texas, West Virginia and Wyoming. During the year ended December 31, 2012, average net oil-equivalent production in the United States was 655,000 barrels per day. In 2012, net daily production averaged 163,000 barrels of crude oil, 70 million cubic feet of natural gas and 4,000 barrels of natural gas liquids (NGLs). During 2012, net daily production for the Companys combined interests in the Gulf of Mexico shelf and deepwater areas, and the onshore fields in the region, were 153,000 barrels of crude oil, 395 million cubic feet of natural gas and 16,000 barrels of NGL.

The! Company was engaged in various exploration and development activities in the deepwater Gulf of Mexico during 2012. As of December 31, 2012, it had a 50% working interest in Jack and a 51% working interest in St. Malo Field. During 2013, the Company had 42.9% non-operated working interest in the Tubular Bells Field; 20.3% non-operated working interest in the Caesar and Tonga area, and 15.6% non-operated working interest in the Mad Dog II Project. The Company activities in the mid-continental United States include operated and non-operated interests in properties primarily in Colorado, New Mexico, Oklahoma, Texas and Wyoming. The Company holds leases in the Marcellus Shale and Utica Shale, primarily located in southwestern Pennsylvania, Ohio, and West Virginia, and in the Antrim Shale in Michigan. Other Americas is consistd of Argentina, Brazil, Canada, Colombia, Suriname, Trinidad and Tobago, and Venezuela. Net oil-equivalent production from these countries averaged 230,000 barrels per day during 2012, including the Companys share of synthetic oil production.

Chevrons interests in oil sands projects and shale acreage in Alberta, shale acreage and an LNG project in British Columbia, exploration, development and production projects offshore in the Atlantic region, and exploration and discovered resource interests in the Beaufort Sea region of the Northwest Territories. Average net oil-equivalent production during 2012, was 69,000 barrels per day, consisted of 25,000 barrels of crude oil, four million cubic feet of natural gas and 43,000 barrels of synthetic oil from oil sands. During 2012, the Company held a 20% non-operated working interest in the Athabasca Oil Sands Project (AOSP). In February 2013, Chevron acquired a 50%-owned and operated interest in the Kitimat LNG project and proposed Pacific Trail Pipeline, and a 50% non-operated working interest in 644,000 total acres in the Horn River and Liard shale gas basins in British Colombia; 26.9% non-operated working interest in the Hib! ernia Fie! ld and a 23.6 non-operated working interest in the unitized Hibernia Southern Extension (HSE) offshore Atlantic Canada, and 26.6% non-operated working interest in the heavy-oil Hebron Field, also offshore Atlantic Canada.

In December 2012, Chevron relinquished its 29.2% non-operated working interest in Exploration License 2007/26, which includes Block 4 offshore West Greenland. The Company holds operated interests in four concessions in the Neuquen Basin. Working interests range from 18.8% to 100%. In 2012, the net oil-equivalent production averaged 22,000 barrels per day, consisted of 21,000 barrels of crude oil and four million cubic feet of natural gas. During 2012, two exploratory wells targeting shale gas and tight oil resources were drilled in the Vaca Muerta formation in the El Trapial concession. Chevron holds working interests in three deepwater fields in the Campos Basin: Frade (51.7%-owned and operated), Papa-Terra and Maromba (37.5% and 30% non-operated working interests, respectively). Net oil-equivalent production in 2012 averaged 6,000 barrels per day, consisted of 6,000 barrels of crude oil and two million cubic feet of natural gas.

In Africa, the Company is engaged in upstream activities in Angola, Chad, Democratic Republic of the Congo, Liberia, Morocco, Nigeria, Republic of the Congo, Sierra Leone and South Africa. Net oil-equivalent production in Africa averaged 451,000 barrels per day during 2012. In Asia, the Company is engaged in upstream activities in Azerbaijan, Bangladesh, Cambodia, China, Indonesia, Kazakhstan, the Kurdistan Region of Iraq, Myanmar, the Partitioned Zone located between Saudi Arabia and Kuwait, the Philippines, Russia, Thailand, and Vietnam. During 2012, net oil-equivalent production averaged 1,061,000 barrels per day. In Australia, the Companys upstream efforts are concentrated off the northwest coast. During 2012, the average net oil-equivalent production from Australia was 99,000 barrels per day. In Europe, the Company is engag! ed in ups! tream activities in Bulgaria, Denmark, Lithuania, the Netherlands, Norway, Poland, Romania, Ukraine and the United Kingdom. Net oil-equivalent production in Europe averaged 114,000 barrels per day during 2012.

Downstream

The Company markets petroleum products under the principal brands of Chevron, Texaco and Caltex worldwide. In the United States, the Company markets under the Chevron and Texaco brands. During 2012, the Company supplied directly or through retailers and marketers approximately 8,060 Chevron- and Texaco-branded motor vehicle service stations, primarily in the southern and western states. Approximately 470 of these outlets are company-owned or -leased stations. Outside the United States, the Company supplied directly or through retailers and marketers approximately 8,700 branded service stations, including affiliates. In British Columbia, Canada, the Company markets under the Chevron brand. The Company markets in Latin America and the Caribbean using the Texaco brand. In the Asia-Pacific region, southern Africa, Egypt and Pakistan, the Company uses the Caltex brand. The Company also operates through affiliates under various brand names. In South Korea, the Company operates through its 50%-owned affiliate, GS Caltex, and in Australia through its 50%-owned affiliate, Caltex Australia Limited.

The Company owns a 50% interest in its Chevron Phillips Chemical Company LLC (CPChem) affiliate. During 2012, CPChem owned or had joint-venture interests in 36 manufacturing facilities and two research development centers worldwide. The Companys Oronite brand lubricant and fuel additives business is a developer, manufacturer and marketer of performance additives for lubricating oils and fuels. The Company owns and operates facilities in Brazil, France, Japan, the Netherlands, Singapore and the United States and has interests in facilities in India and Mexico. Oronite lubricant additives are blended into refined base oil to produce finished lubricant packages us! ed primar! ily in engine applications, such as passenger car, heavy-duty diesel, marine, locomotive and motorcycle engines.

Transportation

The Company owns and operates a network of crude oil, refined product, chemical, natural gas liquid and natural gas pipelines and other infrastructure assets in the United States. The Company also has direct and indirect interests in other the United States and international pipelines. All tankers in the Companys controlled seagoing fleet were utilized during 2012. During 2012, the Company had 51 deep-sea vessels chartered on a voyage basis, or for a period of less than one year. The Companys the United States-flagged fleet is engaged primarily in transporting refined products between the Gulf Coast and the East Coast and from California refineries to terminals on the West Coast and in Alaska and Hawaii. The foreign-flagged vessels are engaged primarily in transporting crude oil from the Middle East, Southeast Asia, the Black Sea, South America, Mexico and West Africa to ports in the United States, Europe, Australia and Asia. The Companys foreign-flagged vessels also transport refined products to and from various locations worldwide.

Other Businesses

During 2012, the Company completed the sale of its Kemmerer, Wyoming, surface coal mine and the sale of its 50% interest in Youngs Creek Mining Company, LLC, which was formed to develop a coal mine in northern Wyoming.Chevron also owns and operates the Questa molybdenum mine in New Mexico. During 2012, it had 160 million tons of proven and probable coal reserves in the United States, including reserves of low-sulfur coal. The Companys Global Power Company manages interests in 11 power assets with a total operating capacity of more than 2,200 megawatts, primarily through joint ventures in the United States and Asia. Chevron Energy Solutions (CES) completed several public sector programs, including a microgrid at the Santa Rita jail in Alameda County, and renewable and e! fficiency! programs for Huntington Beach City School District, South San Francisco Unified School District and Union City, all in California, plus Rootstown Local School District in Ohio. The Companys energy technology organization supports Chevrons upstream and downstream businesses by providing technology, services and competency development in earth sciences; reservoir and production engineering; drilling and completions; facilities engineering; manufacturing; process technology; catalysis; technical computing, and health, environment and safety disciplines.

Advisors’ Opinion:

  • [By ]

    Last month, Chevron (NYSE: CVX) unveiled plans to acquire Anadarko Petroleum (NYSE: APC) for $33 billion in cash and stock. Anadarko execs signed on the dotted line, agreeing to a $1 billion breakup fee should the deal be scuttled for any reason. That was a mistake, particularly knowing there was another interested suitor.

  • [By Garrett Baldwin]

    See Now: Our founder just released his No. 1 pick for 2019. Don’t miss this. See the urgent briefing here…

    Walt Disney Co. (NYSE: DIS) unveiled its highly anticipated streaming service on Thursday. The service, Disney+, will launch Nov. 12 and cost $6.99 per month or $69 per year. The service will include television shows and films from its extended universe of programming – including the Star Wars and Marvel series. Disney said that all of its new films will be available on the service as soon as their theatrical windows have ended. In merger news, Chevron Corp. (NYSE: CVX) announced plans to purchase Anadarko Petroleum Corp.(NYSE: APC) as the oil major continues to push into the U.S. shale business. Shares of APC popped 32% in pre-market hours after Chevron announced the $33 billion bid. This is the largest energy merger since 2016 after Royal Dutch Shell Plc. (NYSE: RDS.A) purchased BG Group. The news sent shares of companies that operate in the Permian basin in West Texas even higher this morning. Look for other earnings reports from PNC Financial Services Group Inc.(NYSE: PNC) and Infosys Ltd.(NASDAQ: INFY).
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  • [By Money Morning Staff Reports]

    Or Icahn could be playing the long game, knowing that major oil producers are eyeing the Permian Basin as a long-term source of crude oil. It would be an ideal acquisition target for Exxon Mobil Corp. (NYSE: XOM) or Chevron Corp. (NYSE: CVX) in the future.

Hot Warren Buffett Stocks To Watch For 2021: Access National Corporation(ANCX)

Access National Corporation, incorporated on May 12, 2003, is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank provides credit, deposit, mortgage services and wealth management services to middle market commercial businesses and associated professionals, primarily in the Washington, District of Columbia Metropolitan Area. The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals. The Company operates through three segments: traditional commercial banking, mortgage banking and wealth management. Its commercial banking segment includes loans, investment securities and deposit services. Its mortgage banking segment includes mortgage loans held for sale, sales of loans in the secondary mortgage market and loan origination. Its wealth management segment includes portfolio asset management. The commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges interest to the mortgage banking segment based on a premium over their cost to borrow funds.

Lending Activities

The Bank’s lending activities include commercial real estate loans both owner occupied and non-owner occupied, residential real estate loans, commercial loans, commercial and real estate construction loans, home equity loans and consumer loans. Its lending activities provide access to credit to small and medium sized businesses, professionals and consumers. Loans originated by the Bank are classified as loans held for investment. The Mortgage Division originates residential mortgages and home equity loans that are held on average 15 to 45 days pending their sale primarily to mortgage banking subsidiaries of financial institutions. The Bank is also approved to sell loans directly to Fannie Mae and Freddie Mac and i! s able to securitize loans that are insured by the Federal Housing Administration. Its loans held for investment total over $887.5 million.

Commercial real estate loans-owner occupied consists of loans supporting an owner occupied commercial property. Commercial real estate loans non-owner occupied includes loans secured by commercial property that is leased to third parties and loans to non-profit organizations, such as churches and schools. Also included in commercial real estate loans are loans secured by farmland and multifamily properties. Residential real estate loans include loans secured by first or second mortgages on one- to four-family residential properties. Commercial loans are to businesses or individuals within its target market for business purposes. Real estate construction loans include loans to construct owner occupied commercial buildings; loans to individuals that are ultimately used to acquire property and construct an owner occupied residence; loans to builders for the purpose of acquiring property and constructing homes for sale to consumers, and loans to developers for the purpose of acquiring land that is developed into finished lots for the ultimate construction of residential or commercial buildings. Consumer loans are secured with assets other than real estate, such as marketable securities or automobiles. Loans Held for Sale (LHFS) are originated by the Mortgage Division and consist of residential mortgage loans extended to consumers. Its brokered loans are underwritten and closed by a third party lender.

Investment Activities

The Company’s investment securities portfolio consists of the United States Government Agency securities, municipal securities, Community Reinvestment Act (CRA) mutual fund, mortgage backed securities issued by the United States government sponsored agencies, corporate bonds and other asset backed securities. Its securities total over $174.4 million. Its securities classified as available-for-sale total over $160! .2 millio! n. Its securities classified as held-to-maturity total over $14.3 million. Securities classified as available-for-sale are carried at fair market value. Held-to-maturity securities are carried at cost or amortized cost.

Sources of Funds

The Bank’s primary sources of funds are client deposits and loan repayments. Its deposits are the primary source of funding loan growth. Its deposits include interest-bearing demand deposits, money market deposit accounts, savings accounts and time deposits. Its deposits total over $913.7 million. Other short-term investments, such as federal funds sold and interest-bearing deposits with other banks are its additional sources of liquidity funding.

Subsidiary Activities

The Company’s subsidiaries include Access Real Estate L.L.C. (ARE), Access Capital Management Holding, L.L.C. (ACM), Capital Fiduciary Advisors, L.L.C. (CFA), Access Investment Services, L.L.C. (AIS) and ACME Real Estate, L.L.C. (ACME). ARE acquires and holds title to real estate for the Company. ACM provides a full range of wealth management services to individuals. CFA is a registered investment advisor with the Securities and Exchange Commission (SEC) and provides wealth management services to individuals, businesses and institutions. AIS provides financial planning services to clients along with access to a full range of investment products. ACME is a real estate holding company, which holds title to the properties acquired by the Bank.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Access National Co. (NASDAQ:ANCX) has received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $32.50.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Access National (ANCX)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Hot Warren Buffett Stocks To Watch For 2021: Albemarle Corporation(ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The companys Performance Chemicals segment offers brominated flame retardants under the Saytex brand; mineral-based flame retardants under the Martinal and Magnifin brands; and elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and bromine fine chemicals that are used in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, paper manufacturing, water purification, beef and poultry processing, and various other industrial applications. This segment also provides tertiary amines for surfactants, biocides, disinfectants, and sanitizers; aluminum oxides for use in various refractory, ceramic, and polishing applications; plastic and other additives comprising curatives; and supplies fine chemistry products and performance chemicals for pharmaceutical and agricultural use, as well as offers custom manufacturing, research, and chemical scale-up services for companies. Its Catalyst Solutions Segment provides refinery catalysts, such as hydroprocessing catalysts, fluidized catalytic cracking catalysts, and additives. This segment also offers performance catalyst solutions, including organometallic co-catalysts and metallocene components and co-catalysts; single-site catalysts; Ziegler-Natta catalysts under the Advantage brand; electronic materials consisting of metal organic products and other products; and chemical catalysts used in the chemical industry. The company serves petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety, and custom chemistry service markets. Albemarle Corporation was founded in 1994 and is headquartered in Baton Rouge, Louisiana.

Advisors’ Opinion:

  • [By Maxx Chatsko]

    A few years ago,Albemarle (NYSE:ALB) drew up a forecast of global lithium demand growth from 2015 to 2025. The internal analysis from the world’s leading lithium producer estimated the world would need 400,000 metric tons of lithium carbonate equivalent (LCE) by 2025, which marked a healthy growth rate from the 175,000 metric tons of LCE consumed the year the projection was made. Some analysts were skeptical. Some even called the company crazy.

  • [By Reuben Gregg Brewer, Keith Speights, and Brian Stoffel]

    Growth stocks are a difficult breed, often requiring investors to venture into complicated and technically challenging sectors and niches. That is exactly the case with MongoDB (NASDAQ:MDB), a tech company that offers a database that can handle unstructured data. But our contributors have also made sure in this article to include a couple of names that don’t require a computer science degree to understand, like Axon Enterprise (NASDAQ:AAXN), which makes stun guns and body cameras for law enforcement; and Albemarle (NYSE:ALB), which is focused on providing lithium for electric vehicles. All three have huge growth prospects, and recent sell-offs for two of them offer what look like discounted prices today.

  • [By Reuben Gregg Brewer]

    Shares of Albemarle(NYSE:ALB) rose 13% in February, according to data provided by S&P Global Market Intelligence. That big gain came in the wake ofthe specialty chemicals company reporting its earnings on Feb. 20.

Hot Warren Buffett Stocks To Watch For 2021: First Internet Bancorp(INBK)

First Internet Bancorp operates as the bank holding company for First Internet Bank of Indiana that provides online commercial and retail banking services in the United States. It offers savings accounts, non-interest bearing and interest-bearing accounts, money market accounts, brokered deposit accounts, and certificates of deposit. The company provides loans to individuals, which include residential real estate loans, home equity loans, lines of credit, and other consumer loans; and loans to commercial clients that comprise commercial and industrial loans, owner-occupied commercial real estate loans, investor commercial real estate loans, construction loans, letters of credit, and single tenant lease financing. It offers its services through its Website, firstib.com. First Internet Bancorp was founded in 1999 and is based in Fishers, Indiana.

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on First Internet Bancorp (INBK)

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  • [By Logan Wallace]

    Media coverage about First Internet Bancorp (NASDAQ:INBK) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Internet Bancorp earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.3072144341855 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

  • [By Joseph Griffin]

    JBF Capital Inc. boosted its position in First Internet Bancorp (NASDAQ:INBK) by 6.0% in the 2nd quarter, Holdings Channel reports. The firm owned 115,120 shares of the bank’s stock after purchasing an additional 6,490 shares during the period. First Internet Bancorp makes up about 0.6% of JBF Capital Inc.’s holdings, making the stock its 13th largest holding. JBF Capital Inc.’s holdings in First Internet Bancorp were worth $3,926,000 at the end of the most recent reporting period.

  • [By Rich Smith]

    The year was 1999 and “internet” stocks were all the rage. On opposite sides of the country, two banks — BofI Holding (NASDAQ:BOFI) and First Internet Bancorp (NASDAQ:INBK)– were both betting on a business model of asset-light internet banking. Nearly two decades later, one of these banks has grown into a $2.6 billion force to be contended with, while the other lags behind with a market cap of less than $350 million.

Hot Warren Buffett Stocks To Watch For 2021: Primero Mining Corp(PPP)

Primero Mining Corp. is a precious metals producer with operations in both Mexico and Canada. The Company is focused on building a portfolio of precious metals assets in the Americas through acquiring, exploring, developing and operating mineral resource properties. Its segments include San Dimas, Cerro del Gallo, Black Fox Complex and Corporate. It owns over two producing properties, including the San Dimas gold-silver mine, located in Mexico’s San Dimas district, and the Black Fox mine, located in the Township of Black River-Matheson, Ontario, Canada. It owns properties adjacent to the Black Fox mine, Grey Fox and Pike River, which together with the Black Fox mine and the Black Fox mill, located on the Stock Mill property, comprise the Black Fox Complex. It also owns over two exploration properties, including the Cerro del Gallo gold-silver-copper project, which is located in the state of Guanajuato in central Mexico, and Ventanas, which is located in Durango State, Mexico. Advisors’ Opinion:

  • [By Max Byerly]

    PayPie (CURRENCY:PPP) traded 1.5% lower against the dollar during the 1-day period ending at 14:00 PM E.T. on July 22nd. In the last week, PayPie has traded 2.7% lower against the dollar. One PayPie token can currently be bought for $0.24 or 0.00003163 BTC on exchanges including Fatbtc and EtherDelta (ForkDelta). PayPie has a market capitalization of $19.55 million and approximately $19,027.00 worth of PayPie was traded on exchanges in the last day.

  • [By Shane Hupp]

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  • [By Shane Hupp]

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