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What’s the most prudent way advisors can act in their own best interest in complying with the Department of Labor's best-interest advice rule? Create quality financial plans documenting and proving that the investment recommendations they make are indeed in their clients’ best interest.
So argues Kevin Knull, president of PIEtech, creators of leading financial planning software MoneyGuidePro, in an interview with ThinkAdvisor. Knull, a certified financial planner, discusses the Top 6 components of a top-notch plan, and more.
That’s the largest and only mandatory expense of retirement — and increasing at more than 6-1/2% per year. But very few financial plans include Heath Care specifically. If you don’t factor that in, how can you possibly invest a client in their best interest?
Top 5 Tech Stocks For 2017: The Middleby Corporation(MIDD)
Advisors' Opinion:- [By Monica Gerson]
Middleby Corp (NASDAQ: MIDD) is expected to post its quarterly earnings at $0.84 per share on revenue of $515.56 million.
Jack in the Box Inc. (NASDAQ: JACK) is estimated to post its quarterly earnings at $0.70 per share on revenue of $360.22 million.
Top 5 Tech Stocks For 2017: Molex Incorporated(MOLX)
Advisors' Opinion:- [By Shauna O'Brien]
Shares of electronic connector maker Molex Incorporated (MOLX) skyrocketed on Monday morning after reports that the company will be acquired by Koch Industries.
Koch Industries has agreed to acquire Molex for a total of $7.2 billion. This deal will include all outstanding shares of the company’s Common Stock, Class A Common Stock and Class B Common Stock for $38.50 per share.
The deal has been approved by the board of directors of both companies. Molex will continue to maintain its current management team and its current headquarters in Lisle, IL.
Molex shares were up $9.15, or 31.17%, during Monday morning trading. The stock is up 41% YTD.
Top 5 Tech Stocks For 2017: JinkoSolar Holding Company Limited(JKS)
Advisors' Opinion:- [By Lisa Levin]
JinkoSolar Holding Co (NYSE: JKS) dropped 9.88% to $16.87 after the company announced the offering of 3,500,000 American Depositary Shares.
Fuwei Films (Holdings) Co (NASDAQ: FFHL) dropped 9.66% to $1.30. Fuwei Films' trailing-twelve-month ROE is -10.85%.
- [By Paul Ausick]
It is not often that a secondary stock offering sends a company��s shares higher, but we are seeing that very phenomenon Friday morning. Chinese solar PV maker JinkoSolar Holding Co. Ltd. (NYSE: JKS) and stock image company Shutterstock Inc. (NASDAQ: SSTK) both priced secondary offerings this morning and shares in both companies have risen sharply.
- [By Paul Ausick]
But the real news is the near vertical trajectory in share prices for the two stocks. This could be another manifestation of the market��s hunger for some momentum plays, as we noted earlier this morning the bump to share prices for both JinkoSolar Holding Co. Ltd. (NYSE: JKS) and Shutterstock Inc. (NASDAQ: SSTK), both of which held secondary share sales this morning.
Top 5 Tech Stocks For 2017: Marvell Technology Group Ltd.(MRVL)
Advisors' Opinion:- [By Peter Graham]
The Q2 2017 earnings report for mid cap fabless semiconductor stock Marvell Technology Group Ltd (NASDAQ: MRVL) is scheduled for before the market opens on Tuesday (September 6th). We had Marvell Technology Group�in our SmallCap Network Elite Opportunity (SCN EO) portfolio back in 2013 because�its fundamental and technical context appeared very attractive at the time and the company's products also drive Samsung's family of mobile devices. Our SCN EO newsletter noted in May 2013:
- [By Lisa Levin]
Marvell Technology Group Ltd. (NASDAQ: MRVL) shares shot up 10 percent to $14.70 after the company reported upbeat Q3 results and announced a $1 billion share buyback.
- [By Shauna O'Brien]
On Tuesday, JP Morgan announced that it has raised its rating on Marvell Technology Group Ltd. (MRVL) .
The firm has upgraded MRVL from “Neutral” to “Overweight,” and has given the company a $16 price target. This price target suggests a 19% upside from the stock’s current price of $12.91.
Marvell Technology shares were up 37, or 2.94%, during Tuesday morning trading. The stock is up 78% YTD.
Top 5 Tech Stocks For 2017: Yandex N.V.(YNDX)
Advisors' Opinion:- [By Lee Jackson]
Yandex N.V. (NASDAQ: YNDX) is the Google of Russia. It was very bold on the growing marketplace there, and its beta tests of a new back end have been very positive and should be rolled out soon. Deutsche Bank has a $38 price target, and the consensus is $40, in U.S. dollars.
- [By Monica Gerson]
Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Monday’s regular session.Posted-In: Huge Put PurchasesNews Options Markets