The company is balancing geopolitical tensions with technological advancements By Oliver Rodzianko Summary L3Harris benefits from modernizing militaries and rising defense spending amid global tensions, yet moderate long-term CAGRs and a fair valuation suggest only moderate returns. AI-driven autonomous systems support growth even amid possible diplomatic easing; cost-saving and stable earnings prospects keep the company resilient over coming years. Valuation reflects balanced uncertainty: stable deterrent demand and cautious EV-to-EBITDA targets yield fair intrinsic value, suggesting reliable returns as peace or conflict evolves. L3Harris (LHX, Financial) is one of the key beneficiaries of the intense geopolitical environment, with wars breaking out…

The plugin electric vehicle (EV) business in the U.S. cruised into 2024 full of hype and hope. The hope was that a slowdown in EV growth that began in 2023 was just a hiccup in the otherwise inevitable boom cycle that many experts were predicting. The administration had set a goal of EVs making up to half of all new vehicle sales by 2030, and created tax breaks to make EVs competitive with internal combustion engine (ICE) vehicles. Enthusiastic policymakers assured us that it wouldn’t be long before gas guzzlers had been rendered practically obsolete. The year will end with…

The Consumer Price Index for December 2024, will be released on January 15 2025 giving insight into recent inflation trends. Current nowcasts suggest that inflation may come in at a 2.9% headline annual rate, marking an acceleration from November’s figures of 2.7% annual inflation. However, core inflation which removes food and energy is forecast to remain flat at 3.3% compared to November. Nowcast data is based on real time observed prices for December, and so these estimates will update over the remaining weeks of the month. Drifting Inflation Inflation drifting away from 2%, should that occur, may help confirm the…

It looks like 2024 will end with a big gain for investors in US stocks, with the S&P 500 up 28% year-to-date, even better than my (admittedly optimistic) expectations: I saw a roughly 15% gain for the S&P 500 going into the year. If this gain holds, 2024 will go down as one of the best years in the last 20, with only 2013 and 2019 doing (just slightly) better. However, unlike those years, the momentum isn’t coming mainly from tech, with the benchmark Technology Select Sector SPDR ETF (XLK) actually trailing the market, with a 24.5% return year-to-date, as…

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. AbbVie presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most “interesting” ideas that merit further research by investors. Start slideshow: 10 Oversold Dividend Stocks » But making AbbVie an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of ABBV…

Financial planning is all about managing risk, and using mean reversion is a brilliant way to navigate your path to the best outcomes over time and not run out of money in retirement. We discuss this topic in depth with Scott Bondurant, founder of Bondurant Investment Advisory, based in Evanston, Ill. Larry Light: What is the concept of mean reversion, and why is it important in financial planning? Scott Bondurant: Mean reversion is a critical concept that assumes an asset’s price will eventually converge to its historical average over time. For example, if the stock market’s long-term return is 10%…

The stock market is likely to extend this December rally into January. The next correction is due in February and March. Note that February in a post-election year has been the weakest month in the 48-month election cycle. This was first brought to Wall Street’s attention by Mr. Arthur Merrill in his classic book, Behavior of Prices on Wall Street. Looking out at the rest of 2025, expect higher quotes. Outside of these two months, only June and August-September appear to be corrective periods. Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer…

Forbes InvestorInvesting NewslettersTaesik YoonForbes StaffForbes InvestorInvesting NewsletterView Full PortfolioDec 16, 2024,08:34pm ESTUpdated Dec 16, 2024, 08:34pm ESTTABLE OF CONTENTSPORTFOLIO CHANGESSECTOR PERFORMANCEBIGGEST MOVERSUPDATESShare to FacebookShare to TwitterShare to LinkedinAs the end of 2024 quickly approaches, investors have gone back to favoring those stocks that had performed the best for them through much of the year. In […] Read the full article here

Many people in the world of corporate sustainability have been asking variations of the same question over the past weeks. What does this all mean, anyway? From the Trump transition team’s reported plan to end the federal Clean Vehicle Tax Credit in 2025 to the exit of the Securities and Exchange Commission (SEC) Chair who spearheaded the agency’s Climate Disclosure Rules, it would certainly appear that the tide is shifting on corporate sustainability compliance. Even in Europe, which had been leading the world on corporate sustainability-related policy reforms, we’re starting to see some hurdles emerging. Most notably, the European Commission…

I like to joke that it is much harder to predict the future than the past. However, a future estimation is what you are looking for and if you read this in 2026 you will have an opportunity to marvel or laugh. Let’s start by looking at the current picture from the Covid pandemic crash: It is a solid uptrend, if nowhere near the sort of bull run you would look at in the U.S. From the pre-Covid top until now it’s a very modest performance and anyone in value will have had a tough time from 2022 to mid-2023.…