Sunday, July 22, 2018

TrickyCoin (TRICK) Market Cap Hits $0.00

TrickyCoin (CURRENCY:TRICK) traded flat against the US dollar during the 24 hour period ending at 20:00 PM Eastern on July 20th. One TrickyCoin coin can currently be purchased for about $0.0076 or 0.00000088 BTC on popular exchanges. In the last week, TrickyCoin has traded down 9.8% against the US dollar. TrickyCoin has a total market capitalization of $0.00 and $0.00 worth of TrickyCoin was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

Get TrickyCoin alerts: Particl (PART) traded 6.9% lower against the dollar and now trades at $5.15 or 0.00070834 BTC. Phore (PHR) traded 3.8% lower against the dollar and now trades at $1.18 or 0.00016227 BTC. NoLimitCoin (NLC2) traded down 5.1% against the dollar and now trades at $0.0393 or 0.00000539 BTC. TokenStars (TEAM) traded 8.7% higher against the dollar and now trades at $0.12 or 0.00001612 BTC. TEAM (TokenStars) (TEAM) traded down 2.4% against the dollar and now trades at $0.11 or 0.00001554 BTC. Shorty (SHORTY) traded flat against the dollar and now trades at $0.0083 or 0.00000127 BTC. Bitradio (BRO) traded 16.7% higher against the dollar and now trades at $0.0600 or 0.00000823 BTC. MojoCoin (MOJO) traded up 26.9% against the dollar and now trades at $0.0175 or 0.00000240 BTC. SatoshiMadness (MAD) traded flat against the dollar and now trades at $0.0001 or 0.00000001 BTC. WARP (WARP) traded flat against the dollar and now trades at $0.0677 or 0.00000735 BTC.

About TrickyCoin

TRICK is a proof-of-stake (PoS) coin that uses the PoS hashing algorithm. TrickyCoin’s official Twitter account is @TrickyCoin.

Buying and Selling TrickyCoin

TrickyCoin can be traded on these cryptocurrency exchanges: . It is usually not possible to purchase alternative cryptocurrencies such as TrickyCoin directly using US dollars. Investors seeking to acquire TrickyCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TrickyCoin using one of the aforementioned exchanges.

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Thursday, July 19, 2018

Top 10 Insurance Stocks To Buy For 2019

tags:WRB,TOP,PRU,AON,PFG,AIG, Though Americans are slowly but surely ramping up their savings game, most are still falling short in that arena. An estimated 57% of US adults have less than $1,000 available in savings, while 39% have absolutely no savings at all.

Clearly, this means most of us need to do better. With that in mind, here are a few key habits that can lead you to healthier finances.

1. Following a budget

Most Americans don't follow a budget despite the fact that it's one of the most effective money management tools. If you're eager to get a better handle on your finances, then it's crucial that you understand where your income is going month after month.

To create a budget, simply list your existing monthly expenses, factor in one-time expenses (like your insurance payment that comes due once a year), and compare what you spend to what you earn.

If you're living paycheck to paycheck, which is the case for most Americans, then you'll need to examine your various spending categories and decide which ones to cut back on.

Top 10 Insurance Stocks To Buy For 2019: W.R. Berkley Corporation(WRB)

Advisors' Opinion:
  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on W. R. Berkley (WRB)

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

  • [By Logan Wallace]

    W. R. Berkley (NYSE: WRB) and State Auto Financial (NASDAQ:STFC) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, earnings, profitability, analyst recommendations and risk.

  • [By Ethan Ryder]

    ValuEngine cut shares of W. R. Berkley (NYSE:WRB) from a buy rating to a hold rating in a report released on Monday morning.

    WRB has been the topic of a number of other research reports. Bank of America cut shares of W. R. Berkley from a neutral rating to an underperform rating and set a $74.00 target price on the stock. in a report on Thursday, June 14th. They noted that the move was a valuation call. Zacks Investment Research cut shares of W. R. Berkley from a buy rating to a hold rating in a report on Tuesday, February 20th. Boenning Scattergood restated a hold rating on shares of W. R. Berkley in a report on Wednesday, April 25th. Finally, Goldman Sachs Group started coverage on shares of W. R. Berkley in a report on Monday. They set a sell rating and a $74.00 target price on the stock. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. W. R. Berkley currently has a consensus rating of Hold and a consensus price target of $70.78.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on W. R. Berkley (WRB)

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

Top 10 Insurance Stocks To Buy For 2019: Topdanmark A/S (TOP)

Advisors' Opinion:
  • [By Logan Wallace]

    TopCoin (CURRENCY:TOP) traded down 15.4% against the dollar during the 1-day period ending at 7:00 AM E.T. on June 21st. During the last seven days, TopCoin has traded up 4% against the dollar. TopCoin has a market cap of $0.00 and approximately $123.00 worth of TopCoin was traded on exchanges in the last day. One TopCoin coin can currently be bought for about $0.0010 or 0.00000015 BTC on popular exchanges.

Top 10 Insurance Stocks To Buy For 2019: Prudential Financial Inc.(PRU)

Advisors' Opinion:
  • [By Chuck Saletta]

    Prudential Financial (NYSE:PRU) takes such pride in its rock-solid financial condition that it uses an actual rock -- the Rock of Gibraltar�-- as its corporate symbol. Prudential Financial backs up that claim with a balance sheet that has more cash, cash equivalents, and short-term investments�than total debt on it. It also claims a debt-to-equity ratio around 0.6 and a current ratio around 1.0�, which are further signs of a solid financial condition.

  • [By Jason Hall, Chuck Saletta, and Reuben Gregg Brewer]

    But that doesn't mean you need to make risky bets to capture solid returns, either, and buying solid companies at reasonable prices can help create a margin of safety and improve your returns, while also decreasing your risk of permanent losses. Three stocks that meet these criteria are small healthcare real-estate specialist�Caretrust REIT Inc�(NASDAQ:CTRE), financial services giant�Prudential Financial Inc�(NYSE:PRU), and energy behemoth�ExxonMobil Corporation�(NYSE:XOM).�

  • [By Max Byerly]

    Flippin Bruce & Porter Inc. grew its holdings in shares of Prudential Financial (NYSE:PRU) by 2.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,363 shares of the financial services provider’s stock after acquiring an additional 1,391 shares during the period. Flippin Bruce & Porter Inc.’s holdings in Prudential Financial were worth $6,354,000 as of its most recent SEC filing.

  • [By Ethan Ryder]

    American Equity Investment Life (NYSE: AEL) and Prudential Financial (NYSE:PRU) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, analyst recommendations, profitability, dividends and valuation.

Top 10 Insurance Stocks To Buy For 2019: Aon Corporation(AON)

Advisors' Opinion:
  • [By Max Byerly]

    State of Wisconsin Investment Board decreased its holdings in shares of Aon (NYSE:AON) by 9.2% in the 1st quarter, Holdings Channel reports. The fund owned 384,127 shares of the financial services provider’s stock after selling 38,942 shares during the quarter. State of Wisconsin Investment Board’s holdings in AON were worth $53,905,000 at the end of the most recent quarter.

  • [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P
  • [By Stephan Byrd]

    US Bancorp DE raised its stake in shares of Aon (NYSE:AON) by 3.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,448 shares of the financial services provider’s stock after acquiring an additional 1,178 shares during the quarter. US Bancorp DE’s holdings in AON were worth $5,676,000 as of its most recent filing with the SEC.

  • [By Joseph Griffin]

    AON (NYSE:AON) had its price target hoisted by Citigroup from $160.00 to $165.00 in a report issued on Tuesday morning. They currently have a buy rating on the financial services provider’s stock.

Top 10 Insurance Stocks To Buy For 2019: Principal Financial Group Inc(PFG)

Advisors' Opinion:
  • [By Max Byerly]

    Shore Capital reissued their hold rating on shares of Provident Financial (LON:PFG) in a report issued on Thursday.

    PFG has been the subject of several other reports. Liberum Capital reissued a sell rating and set a GBX 483 ($6.48) price objective on shares of Provident Financial in a research note on Monday, February 26th. Peel Hunt reissued a hold rating and set a GBX 870 ($11.67) price objective on shares of Provident Financial in a research note on Tuesday, February 27th. JPMorgan Chase & Co. reduced their price objective on Provident Financial from GBX 1,100 ($14.76) to GBX 750 ($10.06) and set a neutral rating for the company in a research note on Thursday, May 10th. Barclays reissued an underweight rating and set a GBX 584 ($7.84) price objective on shares of Provident Financial in a research note on Wednesday, January 31st. Finally, Societe Generale lowered Provident Financial to a hold rating and set a GBX 1,050 ($14.09) price objective for the company. in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Provident Financial presently has a consensus rating of Hold and a consensus price target of GBX 1,190.14 ($15.97).

  • [By Joseph Griffin]

    KBC Group NV lowered its position in shares of Principal Financial Group Inc (NYSE:PFG) by 41.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 201,808 shares of the financial services provider’s stock after selling 142,313 shares during the period. KBC Group NV’s holdings in Principal Financial Group were worth $12,292,000 as of its most recent filing with the SEC.

  • [By Shane Hupp]

    These are some of the news articles that may have impacted Accern’s scoring:

    Get Principal Financial Group alerts: Principal Financial Group (PFG) Approves New $300M Buyback (streetinsider.com) Principal Financial Group (PFG) Announces Share Repurchase Plan (americanbankingnews.com) Is Principal Large Cap Growth I Institutional (PLGIX) a Strong Mutual Fund Pick Right Now? (finance.yahoo.com) Principal Financial Group is Oversold (nasdaq.com) Principal Names New Chief Human Resources Officer (finance.yahoo.com)

    Several equities analysts have recently commented on PFG shares. Morgan Stanley decreased their target price on Principal Financial Group from $79.00 to $77.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 5th. Wells Fargo reaffirmed a “market perform” rating and issued a $76.00 target price on shares of Principal Financial Group in a research report on Monday, January 8th. Credit Suisse Group started coverage on Principal Financial Group in a research report on Wednesday, April 25th. They issued a “neutral” rating and a $62.00 target price on the stock. Bank of America started coverage on Principal Financial Group in a research report on Monday, March 26th. They issued a “neutral” rating and a $65.00 target price on the stock. Finally, UBS started coverage on Principal Financial Group in a research report on Friday, March 2nd. They issued a “neutral” rating and a $69.00 target price on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. Principal Financial Group currently has an average rating of “Hold” and an average price target of $71.18.

Top 10 Insurance Stocks To Buy For 2019: American International Group Inc.(AIG)

Advisors' Opinion:
  • [By Lisa Levin]

     

    Losers Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering. InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday. Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81. Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections. Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results. LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss. Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit. Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings. Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss. Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight. Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings. The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results. Arcadia Biosciences, Inc. (N
  • [By Lee Jackson]

    American International Group Inc. (NYSE: AIG) was only a DJIA member for four years when it was removed on September 22, 2008. In an ironical twist, AIG was replaced with Kraft Foods, which only lasted about four years on the index. AIG was removed during the credit and mortgage crisis and was ejected after the government propped up the insurer with stimulus funds. The shares closed most recently at $55.43.

  • [By Max Byerly]

    Get a free copy of the Zacks research report on American International Group (AIG)

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

  • [By Logan Wallace]

    Gifford Fong Associates acquired a new position in shares of American International Group (NYSE:AIG) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 44,100 shares of the insurance provider’s stock, valued at approximately $2,400,000.

Monday, July 16, 2018

What to Expect From Goldman Sachs in Q2

Goldman Sachs Group Inc. (NYSE: GS) is scheduled to release its second-quarter earnings report before the markets open on Tuesday. Thomson Reuters has consensus estimates of $4.66 in earnings per share (EPS) and $8.74 billion in revenue. That compares with the EPS of $3.95 and $7.89 billion in revenue posted in the year-ago period.

According to the New York Times, Goldman Sachs is finally making a step toward getting a new chief executive officer. Reportedly the investment bank plans to name company President David Solomon as its next CEO.

When the firm reported first-quarter results, it posted the best equities trading results in three years, as the bank profited from the 2018 roller-coaster market. Revenue from equities trading surged 38% to $2.31 billion, trouncing the consensus analyst estimate. Investing and lending revenue rose 43% to $2.09 billion, also beating Wall Street expectations.

Excluding Monday��s move, Goldman Sachs had underperformed the broad markets, with its stock down about 11% year to date. Over the past 52 weeks, the stock is only down about 2%.

A few analysts weighed in on Goldman Sachs ahead of the report:

JPMorgan has a Buy rating with a $280 price target. Keefe Bruyette & Woods has a Hold rating. Credit Suisse has a Neutral rating with a $280 price target. Oppenheimer has an Outperform rating and a $308 target. BMO Capital Markets has a Hold rating with a $245 target.

Shares of Goldman Sachs were last seen up about 1% at $229.11, with a consensus analyst price target of $271.50 and a 52-week trading range of $214.64 to $275.31.

ALSO READ: 5 Jefferies Energy Franchise Picks to Buy for the Rest of 2018

Friday, July 13, 2018

Zacks: Analysts Expect Motorola Solutions Inc (MSI) Will Announce Quarterly Sales of $1.71 Billion

Wall Street brokerages expect Motorola Solutions Inc (NYSE:MSI) to announce sales of $1.71 billion for the current quarter, according to Zacks. Four analysts have provided estimates for Motorola Solutions’ earnings, with the highest sales estimate coming in at $1.72 billion and the lowest estimate coming in at $1.70 billion. Motorola Solutions reported sales of $1.50 billion during the same quarter last year, which would suggest a positive year over year growth rate of 14%. The business is scheduled to report its next earnings results on Thursday, August 2nd.

On average, analysts expect that Motorola Solutions will report full year sales of $7.28 billion for the current fiscal year, with estimates ranging from $7.21 billion to $7.34 billion. For the next financial year, analysts expect that the firm will report sales of $7.64 billion per share, with estimates ranging from $7.54 billion to $7.80 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Motorola Solutions.

Get Motorola Solutions alerts:

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 3rd. The communications equipment provider reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.22. Motorola Solutions had a negative net margin of 1.75% and a negative return on equity of 73.43%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.37 billion.

A number of research firms have issued reports on MSI. Zacks Investment Research downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday. Cowen upgraded shares of Motorola Solutions from a “market perform” rating to an “outperform” rating and set a $138.00 target price on the stock in a research report on Wednesday. Credit Suisse Group began coverage on shares of Motorola Solutions in a research report on Wednesday, May 9th. They set an “outperform” rating and a $129.00 target price on the stock. BMO Capital Markets upped their target price on shares of Motorola Solutions from $116.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday, May 4th. Finally, BTIG Research began coverage on shares of Motorola Solutions in a research report on Friday, March 16th. They set a “buy” rating and a $137.00 target price on the stock. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $123.83.

Motorola Solutions stock opened at $120.32 on Thursday. The company has a debt-to-equity ratio of -3.45, a quick ratio of 1.03 and a current ratio of 1.17. Motorola Solutions has a 1 year low of $82.86 and a 1 year high of $121.30. The stock has a market cap of $19.18 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 2.26 and a beta of 0.31.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Investors of record on Friday, June 15th will be given a $0.52 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.73%. Motorola Solutions’s dividend payout ratio is 40.00%.

Large investors have recently made changes to their positions in the stock. Massey Quick Simon & CO. LLC raised its position in shares of Motorola Solutions by 78.9% in the 1st quarter. Massey Quick Simon & CO. LLC now owns 1,700 shares of the communications equipment provider’s stock valued at $179,000 after acquiring an additional 750 shares during the period. Zeke Capital Advisors LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at approximately $201,000. Greenwich Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at approximately $210,000. Cetera Advisors LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at approximately $220,000. Finally, Parthenon LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at approximately $228,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

Get a free copy of the Zacks research report on Motorola Solutions (MSI)

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

Thursday, July 12, 2018

If You Own AT&T, You Need To Read This��

At long last, the merger between AT&T and Time Warner has closed.

This act was completed on June 14. The telecom giant didn't waste any time in taking control (after all, it had already waited as long as 20 months after the acquisition plan was announced on October 22, 2016). As you remember, on June 12, just two days before the acquisition closed, a federal judge ruled in AT&T's favor, clearing the way (with no conditions imposed) for this mega-merger.

And yes, it is indeed a mega-merger: AT&T's cost to purchase the entertainment company was more than $100 billion (equity cost plus an assumption of debt).

There are only a few companies in the United States that could finance such an acquisition from their cash reserves. AT&T is not one of them. The business of providing customers with telecommunication services is costly, and while it's one of the best in generating free cash flow, AT&T's generous dividend policy (the stock yields 6.4%) together with its capital spending leave the company with little cash on hand. For instance, at year-end 2016, just after AT&T moved to acquire Time Warner, it had about $5.7 billion of cash and equivalents on the balance sheet (a little higher than the $5.1 billion at year-end 2015, but less than the $8.6 billion it had at year-end 2014).

So, AT&T had to borrow. And the total amount of this borrowing, along with the inevitable uncertainties of the net effect of combining two different businesses, has already led to a credit rating downgrade. On a Friday immediately following the antitrust decision, both Standard & Poor's and Moody's cut credit ratings on AT&T bonds to a level only two notches above the junk-debt category. All said, not counting other liabilities (such as leases and retirement obligations, estimated to be worth $50 billion), AT&T will owe about $180 billion.

On a side note, even tech giants -- ones that do have massive amounts of cash on their balance sheet, such as Microsoft (Nasdaq: MSFT) or Apple (Nasdaq: AAPL) -- have borrowed (sold bonds) to take advantage of the recent record-low interest rates. But I digress.

Or maybe not so much. While AT&T has had to borrow to finance the acquisition (and, essentially, its future growth), it did so at a still-low average interest rate. AT&T now has $176 billion in debt, with an average maturity of just over 12 years and an average coupon of 4.27%.

While the total amount of all this debt is a cause for at least some concern (hence the recent debt downgrade), the 4.3% average coupon -- thanks to the still-low-rate environment -- is not too scary.

Think about it this way: for all this debt to be helpful, not hurtful, to AT&T's future, it has to grow its profits at a bigger than 4.3% rate.

I'm oversimplifying, of course, but it's worth repeating: long-term revenue and profit growth are key to any company's future. If a company is growing, it can pay back its debts, operate profitably and prosper.

And if a company is not growing -- or, worse, when its business is in decline -- it's often excessive borrowing that leads to its downfall.

Let's take as examples AT&T's peers, smaller rural telecoms Windstream (NYSE: WIN) and Frontier Communications (NYSE: FTR). Both Windstream, which suspended its dividend in August 2017, and Frontier, have not been able to handle their snowballing debt.

Over the past decade or so, with the advent of mobile, the situation changed dramatically for rural telecoms/wireline companies. After cutting its dividend by about two-thirds, Frontier threw in the towel this February, discontinuing the dividend altogether.

But here's the difference: both Windstream and Frontier are rural telecoms whose landline businesses suffered mightily from the advances made in the availability -- and the cost to the consumer -- of mobile communications.

And even when Frontier, for instance, in 2014 acquired The Southern New England Telephone Co and TNET from no other than AT&T, the more than $2 billion purchase saddled it with more debt than FTR could handle for one fundamental reason: the business that it acquired was not growing. The landline business was, after all, Frontier's specialty.

But there's more!

This was not the end of FTR's landline purchases.

In a deal announced in February 2015 and completed in April 2016, FTR bought $10 billion worth of landline business from our other telecom, Verizon (NYSE: VZ). At that time, this was VZ's largest asset sale.

And it didn't take long from there for FTR's overall business model to unravel: with not enough revenue and with the need to both service the debt and to pay shareholders, the dividends clearly could not be sustained.

FTR first announced a 66% dividend cut (about a year ago, in May 2017), and then, less than nine months after that, the rural telco had to stop paying dividends altogether, having announced that its dividends had been discontinued.

I don't think this is what is likely to happen with AT&T.

Most important, the business it's buying is a growing one. I discuss the very first steps the combined company is undertaking in the Portfolio Updates section below.

Second, its own core, while burdened by the deteriorating landline business, is poised better than either FTR or WIN: AT&T is a major provider of mobile services, and, because it also owns DirecTV, it can compete with cable companies in the business of delivering content.

And, finally, the cost of debt is much lower than what FTR, for one, had to pay. With a much shorter maturity (of about seven years as of today), FTR's average coupon exceeds 9%. This cost is high for nearly any economic environment.

Bottom line: has delivered a 79% gain for my subscribers and I since adding it to our Daily Paycheck portfolio -- with the vast majority coming in the form of dividends. Today, it yields over 6%, and I think AT&T investors can sleep well owning it.

It's good news for the company and its shareholders that the Time Warner acquisition has happened. For that reason, I still have it rated as a "buy first" in my premium newsletter. Whether it's a good thing for consumers, though, is another question. We'll know the answer soon enough.

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This article originally appeared on StreetAuthority.com.

Tuesday, July 10, 2018

Top 10 Growth Stocks To Watch For 2019

tags:ISRG,MED,JWN,BWLD,TBI,

AT&T (T) is operating in a challenging (and changing) business environment but I believe that there is a lot to like about how this company is positioned for 2018 and beyond. In "AT&T: I Like Where You Are Heading", I described to the Seeking Alpha community why I was bullish about AT&T's future growth prospects. However, the company's stock performance since that point in time has been nothing to write home about.

T data by YCharts

The graph above does not tell the whole story (i.e., the stock performance does not include dividends) so, in my opinion, the past underperformance is not a good reason to jump ship just yet. This telecom company has several catalysts in place that should help propel the stock price higher and allow for AT&T to be a market beater over the next three years so, in my opinion, it will be different this time around.

Top 10 Growth Stocks To Watch For 2019: Intuitive Surgical Inc.(ISRG)

Advisors' Opinion:
  • [By Stephan Byrd]

    Traders sold shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) on strength during trading on Monday. $62.49 million flowed into the stock on the tick-up and $93.11 million flowed out of the stock on the tick-down, for a money net flow of $30.62 million out of the stock. Of all stocks tracked, Intuitive Surgical had the 25th highest net out-flow for the day. Intuitive Surgical traded up $9.62 for the day and closed at $488.10

  • [By Motley Fool Staff]

    Stock No. 3: Let's go back to the well. So, April last year what was the "I?" Quick quiz at home? That's right. It was Intuitive Surgical�(NASDAQ:ISRG). I own the company, and in front of my gathered fellow Heels last week, I put Intuitive Surgical on this list, as well, so I present it for you again today. It reminds us to continue to add to our winners. It was a winner a year ago. It had a three for one stock split, something that I don't personally care about. I don't think we should spend a lot of time talking about stock splits. I realize some people think they're exciting or are confused by them.

  • [By Motley Fool Staff]

    In this segment from�MarketFoolery, host Chris Hill and Motley Fool Asset Management's Bill Barker consider the case for healthcare innovator Intuitive Surgical�(NASDAQ:ISRG), which has been on a tear for the past few years. Its pricey robots are growing ever more common and popular with hospitals and doctors, and based on the reaction of the market, investors must expect its current sales growth pace to continue.

  • [By Motley Fool Staff]

    In the healthcare world, one of those has to be the impressive quarterly report from Intuitive Surgical�(NASDAQ:ISRG). The company increased its revenue by 25%, and accelerated its sales of the da Vinci robotic surgical systems that made it famous. But it's not just the expensive hardware that is allowing it to prosper -- it's that every machine needs a steady supply of the disposable instruments and accessories used during its procedures. The Fools consider the recent numbers, the outlook, and the investment thesis for Intuitive Surgical stock. But in the, say, anti-healthcare space, cigarette slinger�Philip Morris International�(NYSE:PM) took a big hit as demand slackened in major foreign markets. Sales of its e-cig devices are also not growing the way management had hoped.

  • [By Jason Hall, Sean Williams, and Jordan Wathen]

    We asked three investors who regularly contribute to The Motley Fool to help us identify some of the "wonderful" companies, and they made strong cases for�Mastercard Inc.�(NYSE:MA), Intuitive Surgical, Inc.�(NASDAQ:ISRG), and Pattern Energy Group Inc. (NASDAQ:PEGI). These are three very different companies, but they share some important traits that make them worth your consideration as "ultra-long-term" investments: Big long-term trends driving their business prospects for many years of growth, and excellent management with strong track records of success.

  • [By Brian Stoffel]

    That's the basic business model behind the two companies in today's match-up: surgical robot maker�Intuitive Surgical�(NASDAQ:ISRG) and medical device maker�Medtronic�(NYSE:MDT). If you're interested in investing in this field, the question becomes: Which is the better stock to buy at today's prices?

Top 10 Growth Stocks To Watch For 2019: MEDIFAST INC(MED)

Advisors' Opinion:
  • [By Max Byerly]

    McCormick & Company, Incorporated (NYSE: MKC) and Medifast (NYSE:MED) are both consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, profitability, analyst recommendations, institutional ownership, risk and dividends.

  • [By Lisa Levin]

    Medifast, Inc. (NYSE: MED) shares were also up, gaining 25 percent to $124.60 after the company reported strong Q1 results and raised its FY18 guidance.

  • [By Joseph Griffin]

    MediBloc (CURRENCY:MED) traded 6.8% lower against the dollar during the 1-day period ending at 15:00 PM Eastern on May 27th. MediBloc has a total market cap of $73.40 million and $743,880.00 worth of MediBloc was traded on exchanges in the last 24 hours. One MediBloc token can currently be purchased for approximately $0.0247 or 0.00000339 BTC on major cryptocurrency exchanges including Bibox, Gate.io and Coinrail. During the last seven days, MediBloc has traded 8.3% higher against the dollar.

Top 10 Growth Stocks To Watch For 2019: Nordstrom Inc.(JWN)

Advisors' Opinion:
  • [By Taylor Cox]

    Notable Earnings

    Walmart, Inc (NYSE: WMT) Q1 premarket J. C. Penney (NYSE: JCP) Q1 premarket Nordstrom, Inc (NYSE: JWN) Q1 after hours Applied Materials, Inc (NASDAQ: AMAT) Q2 after hours

    IPOs

  • [By Mac Greer]

    They have a lot of things in the works. They're�kind of throwing some things at the wall and seeing what will stick. They have their Macy's Backstage concept, which is their discount concept. Every�retailer has to have one nowadays, like a Nordstrom (NYSE:JWN)�Rack, for example. They�actually bought a concept store in New York City called�Story,�which is a store that revamps its inventory every four to eight weeks to try to keep it fresh. That would be some Inventory management job. Their buyers have their work cut out for them. But, interesting. They're trying a lot of different things.�

  • [By Adam Levine-Weinberg]

    Nordstrom (NYSE:JWN) returned to earnings growth last quarter, as the reduced corporate tax rate helped the upscale retailer post a double-digit increase in earnings per share. Investors still dumped Nordstrom stock in after-hours trading on Thursday, punishing the company for weak comparable-store sales growth.

  • [By Benzinga News Desk]

    Dan Loeb is looking to play in the emerging financial technology space. The hedge fund manager behind Third Point is looking to raise $400 million for Far Point Acquisition Corp., a so-called “blank check” acquisition company, he revealed in a regulatory filing: Link

    ECONOMIC DATA The flash Composite Purchasing Managers' Index for May will be released at 9:45 a.m. ET. New home sales report for April is schedule for release at 10:00 a.m. ET. The Energy Information Administration’s weekly report on petroleum inventories in the U.S. will be released at 10:30 a.m. ET. The Treasury is set to auction 5-year notes at 1:00 p.m. ET. The Federal Open Market Committee will issue minutes of its meeting at 2:00 p.m. ET. Minneapolis Federal Reserve President Neel Kashkari is set to speak at 2:15 p.m. ET. ANALYST RATINGS Deutsche Bank upgrades Nordstrom (NYSE: JWN) to Buy from Hold; Raises Price Target to $55 from $52 Bernstein upgrades Celgene (NASDAQ: CELG) to Outperform Longbow Research downgrades Shake Shack (NYSE: SHAK) to Neutral Stifel downgrades Red Robin Gourmet Burgers (NASDAQ: RRGB) to Hold, Lowers Price Target to $55

    This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

  • [By Motley Fool Staff]

    Nordstrom, Inc. (NYSE:JWN)Q1 2018 Earnings Conference CallMay 17, 2017, 4:45 p.m. ET

    Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:

    Operator

Top 10 Growth Stocks To Watch For 2019: Buffalo Wild Wings Inc.(BWLD)

Advisors' Opinion:
  • [By Peter Graham]

    A long term performance chart shows Dave & Busters Entertainment�tripling in value�before falling back while�small cap upscale gentlemen's clubs and restaurant owner�RCI Hospitality Holdings, Inc (NASDAQ: RICK) began taking off in 2016 and small cap�Buffalo Wild Wings (NASDAQ: BWLD) is being acquired by Arby��s Restaurant Group:

  • [By Steve Symington]

    That's not to say it was a quiet day for every stock on the market. With earnings season ramping up, brewing giant Anheuser-Busch InBev (NYSE:BUD) and restaurant chain Buffalo Wild Wings (NASDAQ:BWLD) served as an exercise in contrast as investors reacted to their respective quarterly reports.

Top 10 Growth Stocks To Watch For 2019: TrueBlue Inc.(TBI)

Advisors' Opinion:
  • [By Logan Wallace]

    Media stories about Trueblue (NYSE:TBI) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Trueblue earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.3296498009881 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

  • [By Stephan Byrd]

    American Century Companies Inc. grew its holdings in shares of Trueblue Inc (NYSE:TBI) by 24.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 95,307 shares of the business services provider’s stock after purchasing an additional 18,680 shares during the period. American Century Companies Inc. owned approximately 0.23% of Trueblue worth $2,468,000 as of its most recent SEC filing.

  • [By Joseph Griffin]

    Trueblue Inc (NYSE:TBI) has received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $27.50.

Friday, July 6, 2018

CHS Inc Preferred Shares Class B (CHSCO) Receives Daily Coverage Optimism Score of 0.24

Media headlines about CHS Inc Preferred Shares Class B (NASDAQ:CHSCO) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CHS Inc Preferred Shares Class B earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.8637910025833 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of CHS Inc Preferred Shares Class B opened at $28.99 on Friday, according to Marketbeat.com. CHS Inc Preferred Shares Class B has a 52-week low of $27.78 and a 52-week high of $29.86.

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The company also recently announced a quarterly dividend, which was paid on Monday, July 2nd. Stockholders of record on Monday, June 18th were paid a $0.4922 dividend. The ex-dividend date was Friday, June 15th. This represents a $1.97 annualized dividend and a dividend yield of 6.79%.

In other news, Director Scott A. Cordes sold 1,000 shares of CHS Inc Preferred Shares Class B stock in a transaction on Friday, April 20th. The stock was sold at an average price of $28.75, for a total value of $28,750.00. Following the completion of the sale, the director now directly owns 2,300 shares of the company’s stock, valued at approximately $66,125. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

About CHS Inc Preferred Shares Class B

CHS Inc, an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers worldwide. The company operates through four segments: Energy, Ag, Nitrogen Production, and Foods. It engages in the operation of petroleum refineries and pipelines; supply, marketing, and distribution of refined fuels, including gasoline, diesel fuel, and other energy products; blending, sale, and distribution of lubricants; and the supply of propane and other natural gas liquids.

Insider Buying and Selling by Quarter for CHS Inc Preferred Shares Class B (NASDAQ:CHSCO)

Thursday, July 5, 2018

Can This Airline Weather Higher Fuel Prices Better Than Its Competitors?

Along with legacy carriers and low-cost carriers (LCCs), regional Latin American airline�Copa Holdings, S.A. (NYSE:CPA) has been buffeted by the rise in jet fuel over the last 18 months. After falling from nearly $3 per gallon all the way to $1 per gallon during 2014 and 2015 (and helping to generate record airline profits), jet fuel shifted course in early 2016, and market pricing has doubled over the last 30 months:

Line chart of weekly U.S. gulf coast jet fuel spot price, January 2016 - June 2018.

Data source: U.S. Energy Information Administration. Chart by Author.

Copa Airlines may be singularly equipped to deal with the adverse effects of a spike in its biggest annual expense item. The Panama-headquartered carrier focuses primarily on flights within Central America, South America, and Mexico.

Collectively, Latin America's economy has improved tangibly as of late: Most of the major countries in the region have registered at least four consecutive quarters of improving gross domestic product (GDP).�Elevated economic activity is ratcheting up travel demand in both the business and leisure sectors. (I've written about this phenomenon recently in more detail in an article on Mexican airport operator Grupo Aeroportuario del Pacifico.)

The effect of Latin American travel demand is evident in several of Copa's metrics. In the first quarter of 2018, Copa Airline's passenger traffic grew 10.4%, outpacing a capacity increase of 8.4%. This pushed the airline's load factor (revenue passenger miles divided by available seat miles) to 83%, a healthy increase of 1.5 percentage points over the prior year. Copa's yields (passenger revenue divided by passenger miles) also climbed during the first quarter. Yields per passenger mile advanced 5.3%, to $0.133.

Plane flying below clouds.

Image source: Getty Images.

The combination of higher loads and yields boosted revenue per available seat mile, or RASM, more than 7%, to $0.112. The advance in RASM outpaced a rise in cost per available seat miles (CASM). CASM creeped up 5.6%, from $0.086 in Q1 2017 to $0.091 this quarter. Non-fuel costs accounted for only $0.01 out of this $0.05 increase.

What's the net result of the stream of related statistics I've outlined above? High passenger demand is improving loads, yields, and revenue, thus offsetting the cost-per-mile increases wrought by climbing fuel costs. Copa was able to demonstrate a profitability increase during the first quarter, as operating margin improved 1.2 percentage points, to 20%.�

Of course, demand is an external factor -- vibrant today and potentially dimmed tomorrow. But Copa displays inherent advantages that also assist in managing fuel variances, such as its low-cost structure. The carrier employs a traditional hub-and-spoke network utilizing a single hub,�Tocumen International Airport in Panama City.

While a hub-and-spoke setup isn't typically as lean as point-to-point flights offered by LCCs, in Copa's case, the configuration keeps costs low. Panama City is strategically located on the isthmus connecting Central America with South America. This makes it an ideal location to efficiently service flights between the two regions, not to mention Mexico to the west, the U.S. to the north, and the Caribbean to the east.

To be specific, Copa's CASM is one of the lowest in the airline industry -- more in line with LCCs than legacy network carriers. First-quarter CASM of $0.091, for example, compares favorably to low-cost leader�Spirit Airlines�(NYSE:SAVE), which booked CASM of $0.0884 in the first quarter of 2018. Incidentally, Copa owns an incipient LCC brand, Wingo, which it launched in late 2016 to take over most of its Columbia flights. Wingo currently accounts for 2% of total company revenue.�

At least one more advantage is native to Copa's geographical focus. During the first-quarter earnings conference call, CEO Pedro Heilbron observed that higher fuel generates an offset in Latin American economies, as the currencies of oil exporters like Brazil and Argentina tend to firm up in concert with oil prices. Stronger local currencies positively affect Copa's yields. This has occurred only to a modest degree in the current cycle, although presumably, a sustained oil price increase will begin to bolster Latin American currencies.

Finally, as a relatively small regional carrier, Copa can more easily adjust capacity versus larger rivals in order to lift yields and absorb higher fuel expense. When asked about the carrier's willingness to do so, if needed, Heilbron was quick to cite prior instances in which Copa had trimmed capacity. Yet he also noted that the process of winnowing seats and/or flights isn't a magic bullet for neutralizing short-term fuel spikes.

Is Copa right for your portfolio?

In sum, a strategic focus within a high-demand region, an efficient network configuration, a low-cost structure, the potential benefit from rising Latin American currencies, and flexibility within capacity constraints all contribute to Copa's ability to weather oil inflation more capably than many of its industry peers.

These advantages aren't without risk. In the second quarter of 2018, the company expects to record a one-time charge of $15 million due to a temporary suspension of flights (now resumed) in Latin America's worst-performing economy -- Venezuela.�But despite such occasional challenges, Copa may prove a viable long-term investment for airline investors fretting over the seemingly inexorable, upward creep of jet fuel prices.

Wednesday, July 4, 2018

RealNetworks (RNWK) & Aspen Technology (AZPN) Head-To-Head Analysis

RealNetworks (NASDAQ: RNWK) and Aspen Technology (NASDAQ:AZPN) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, valuation and earnings.

Profitability

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This table compares RealNetworks and Aspen Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
RealNetworks -11.87% -21.20% -14.36%
Aspen Technology 33.19% -61.04% 73.96%

Analyst Ratings

This is a breakdown of current ratings and target prices for RealNetworks and Aspen Technology, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RealNetworks 0 0 1 0 3.00
Aspen Technology 2 2 3 0 2.14

RealNetworks presently has a consensus price target of $6.50, indicating a potential upside of 76.63%. Aspen Technology has a consensus price target of $81.86, indicating a potential downside of 13.20%. Given RealNetworks’ stronger consensus rating and higher possible upside, equities research analysts plainly believe RealNetworks is more favorable than Aspen Technology.

Earnings & Valuation

This table compares RealNetworks and Aspen Technology’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
RealNetworks $78.72 million 1.76 -$16.30 million N/A N/A
Aspen Technology $482.94 million 13.95 $162.19 million $2.11 44.70

Aspen Technology has higher revenue and earnings than RealNetworks.

Risk & Volatility

RealNetworks has a beta of 0.33, indicating that its stock price is 67% less volatile than the S&P 500. Comparatively, Aspen Technology has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500.

Institutional and Insider Ownership

53.7% of RealNetworks shares are owned by institutional investors. Comparatively, 98.1% of Aspen Technology shares are owned by institutional investors. 37.9% of RealNetworks shares are owned by company insiders. Comparatively, 0.8% of Aspen Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Aspen Technology beats RealNetworks on 8 of the 12 factors compared between the two stocks.

About RealNetworks

RealNetworks, Inc. provides network-delivered digital media applications and services to manage, play, and share digital media. Its Consumer Media segment offers RealPlayer media player software, which enables consumers to discover, play, download, manage and edit digital video, stream audio and video, download and save photos and videos from the Web, transfer and share content on social networks, and edit their own photo and video content. This segment also licenses its technology to electronic equipment, microchip, and integrated circuit manufacturers. The company's Mobile Services segment provides digital media services to mobile and online service providers as software as a service offerings, which include RealTimes, a photo and video sharing platform, offers to wireless carriers for integration in their hosted cloud solutions; Kontxt, a text message management, anti-spam, and classification product; ringback tone that enables callers to hear subscriber-selected music or messages instead of the traditional electronic ringing; intercarrier messaging services; and business intelligence, and subscriber management and billing for the carriers. Its Games segment develops, publishes, and distributes casual games, including time-management, board, card, puzzle, word, and hidden-object games. It offers its casual games through mobile devices, digital downloads, and subscription play. The company also develops and markets software products and services that enable the creation, distribution, and consumption of digital media, including audio and video. The company provides its products and services through direct and indirect channels comprising public relations, trade shows, events, and speaking opportunities; online channels; third party distribution partners; and third-party distribution channels, such as application storefronts, search engines, online portals, and content publishers. RealNetworks, Inc. was founded in 1994 and is headquartered in Seattle, Washington.

About Aspen Technology

Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. It operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance Management, which are integrated applications that allow end users to design process manufacturing environments, forecast and simulate potential actions, monitor operational performances, predict the reliability of an asset and equipment failure, and manage planning and scheduling activities, as well as collaborate across these functions and activities. It also provides software maintenance and support, professional, and training services. The company's customers include companies that are engaged in the process and other industries, including energy, chemicals, engineering, and construction, as well as pharmaceuticals, transportation, power, metals and mining, pulp and paper, and consumer packaged goods. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.