A recent cut to its distribution disqualifies SNMP as an Income Millionaire holding so I am selling it out of the portfolio. Read More
Jim Pearce is the Chief Investment Strategist of Personal Finance, our flagship publication, and manages two trading services, PF Pro and Mayhem Trader. He began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms, and investment advisors. Jim earned a BA from The College of William & Mary and the CFP designation from the College of Financial Planning.
Analyst Articles
Not that long ago, it was rare to see a stock price climb above $100. Back then, stocks were traded in round lots of 100 shares. An investor needed at least $10,000 to buy a stock trading for more than $100. That was a lot of money to sink into… Read More
I’m not expecting ABBV to get back to $125 anytime soon, but return to $98 would earn us a 50% return on this call option. Read More
Combined with the overall decline in the stock market, I believe Macy’s is oversold and likely to rebound once cooler heads prevail. Read More
I am expecting the stock market to assign a higher valuation to IP in response to a very different set of economic and political factors in 2019. Read More
I am closing out our short position in WU at a profit before it expires at the end of next week to ensure that the stock does not get put to us. Read More
A top dividend stock does not need to choose between income and growth since it will generate enough cash flow to pay a dividend while investing money back into the business. Here are three of our favorite dividend stocks for 2019. Read More
It's been a busy two days for the media relations department at Western Union, which issued a pair of major announcements that pushed its share price back above $18 this morning. Read More
I can’t rationalize closing out this position at what I believe is an absurdly low price for WDC so I am extending this trade into January to capture the next set of quarterly results. Read More
Gold is viewed as one of the few asset classes worth owning since there isn’t much of it and everybody wants it. We suggest these three gold mining stocks as a hedge against global chaos in 2019. Read More