Crista Huff

Welcome to John Ransom's Stocks In The News, where the headline meets the trendline.

Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC, a website that recommends outperforming stocks using fundamental and technical analysis.            

Stock number one is:  

U.S. Bancorp, (SYMBOL: USB) and the headline says:

U.S. Bancorp Quarterly Profit Rises 6.7%, Matches Estimates(Bloomberg)

U.S. Bancorp reported a first quarter in-line with analysts’ expectations.  Morgan Stanley Research commented, “Lower fees were more than offset by lower expenses.” Expenses improved due to lower regulatory, litigation and insurance-related costs.

The company is expected to increase earnings per share between 7 and 9% over each of the next three years.  The PE is 10.9, and the dividend yield is 2.34%.     

U.S. Bancorp’s chart is neutral, recently trading in a tight range between $33 and $34.50.  The stock has fallen below support today, and investors should be cautious.  Citi Research says “expectations are too high for this stock.”       

Our Ransom Note trendline says: STAY ON THE SIDELINES

USB Chart

USB data by YCharts

Stock number two is: 

Goldman Sachs Group, (SYMBOL: GS) and the headline says:

Goldman Profit Beats Estimates on Investment-Banking Gain  (Bloomberg)


Crista Huff

Crista Huff is a retired stockbroker from a NYSE member investment firm. She writes about market-timing at Goodfellow LLC and is active politically.
 
TOWNHALL DAILY: Be the first to read Crista Huff's column. Sign up today and receive Townhall.com daily lineup delivered each morning to your inbox. Release of Liability: Through use of this website viewing or using you agree to hold www.GoodfellowLLC.com and its employees harmless and to completely release www.GoodfellowLLC.com and its employees from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Goodfellow LLC and its employees are not paid by third parties to promote nor disparage any investment. Recommendations are based on hypothetical situations of what we would do, not advice on what you should do. Neither Goodfellow LLC nor its employees are licensed investment advisors, tax advisors, nor attorneys. Consult with a licensed investment advisor and a tax advisor to determine the suitability of any investment.