Dubai-based Emirates Airlines has finalized a commitment to purchase 150 777X passenger jets from Boeing Co. (NYSE: BA) for a list price total of $56 billion. The airline also has acquired rights to an additional 50 airplanes, which would increase the value of the order to around $76 billion.
Monthly Archives: July 2014
Stocks are Soaring. Are You Getting Your Share?
The stock market is banging out record highs this summer. So why isn’t America celebrating?
The Dow Jones industrial average climbed above 17,000 for the first time Thursday, boosted by strong job gains. It’s been a remarkable summer for stocks, but many people don’t feel like they’re seeing any benefit.
But as CBS News reported, “Who cares what records Dow Jones hits, it has zero reflection of our horrible economy,” one Twitter user said this week.
There’s a reason that people feel so disconnected from Wall Street. Only a fraction of Americans directly own stocks, and they tend to be wealthier. Most people have drifted away from the market over the years, burned by the financial crisis, economic recession and a feeling that the investing deck is stacked against them.
The upshot? Although financial markets are soaring, relatively few people are reaping the gains.
How can the average investor reap the benefits this bull market is providing?
Actually, it is not all that difficult. You just need to know which stocks are hot, and which are not. Look for companies that have new technologies, innovative products, and are in growing industries.
Stay away from overly mature companies that have most of their growth behind them, like automotive, steel, pharmaceutical and fast food. Look for sectors that have growth potential, like automated retailing, the new legal marijuana industry, technology, and online services.
Of course, there are exceptions to every rule, and that’s why it’s important to make informed decisions prior to any investment.
We welcome your inquiries and wish you success on your road to investing!
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