Dividend cuts hit investors with a painful double whammy, reducing their income stream and sending the stock price spiraling lower. But dividend cuts sometimes create an opportunity—provided management has a credible plan for a turnaround.
We remain cautious on US equities in the near term, as market leadership continues to narrow and expectations remain overly bullish. Here’s our updated take on a handful of Wealth Builders Portfolio holdings.
December’s retail sales may have disappointed, but investors have plenty of reasons to remain bullish on the US economy and stock market. We also raise our buy target on one of the primary beneficiaries of lower oil prices.
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