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Molson Coors (TAP) Dividend History and Safety

Molson Coors (NYSE: TAP) dividend yield has climbed with the recent market drop. Since the start of the year, it’s climbed from below 3% to over 5%. Now that we’ve likely entered a recession, many companies will see a decrease in sales. Although, alcohol stocks tend to do relatively well during a downturn.
Molson falls under the Consumer Staple Stocks category. If you’d like to, you can open that link to see 20 other stocks with reliable dividends. And today, we’re going to look at TAP dividend history. But first, let’s look at the company overview.
Molson Coors Business Overview
Molson Coors is …read more […]

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Should You Buy United States Steel Corporation (X)?

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]

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Is Cedar Fair, L.P. (FUN) Going to Burn These Hedge Funds?

Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]

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Can Luckin Coffee Stock Recover from Accounting Fraud?

Luckin Coffee (Nasdaq: LK) may not be as well known in America as Starbucks (Nasdaq: SBUX). But in China, the “Little Blue Cup” as it is affectionately known there, is huge. Or should I say, it’s venti? But even in America, investors in Luckin Coffee stock know the brand well.
In fact, Luckin Coffee now has more coffee stores in China than Starbucks does by several hundred. And until this week, it may have seemed poised to dominate Starbucks as China’s coffee of choice for the foreseeable future.
But after some nasty headlines about accounting fraud at the company this past week, …read more […]

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U.S. Slashes 2020 Oil-Output Forecast Ahead of OPEC+ Meeting

(Bloomberg) — The U.S. cut its 2020 oil production forecast by more than 1 million barrels a day, as collapsing crude prices and plummeting demand threaten to shutter production in the country’s biggest fields.Production is expected to average 11.76 million barrels a day through December, down from a previous forecast of 12.99 million barrels, the Energy Information Administration said on Tuesday. The agency also trimmed its 2021 output expectations by 1.6 million barrels a day to just over 11 million daily barrels.The report comes just days before OPEC, Russia and other producers meet to negotiate a round of coordinated output …read more […]

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Zoom Is a Great Company, But the Stock Is Overvalued, Says 5-Star Analyst

Zoom’s (ZM) penetration of the mainstream came seemingly out of nowhere. It is hard to remember that outside of business circles, not many knew about the app two months ago. With the share price appreciating by 70% since the turn of the year, there’s no doubt it has been one of this strange period’s success stories. But has the stock climbed too fast, too soon? It appears one 5-star analyst thinks so.Brad Zelnick of Credit Suisse downgraded Zoom from Neutral to Underperform, although the price target gets a boost – from $95 to $105. The new figure indicates Zelnick foresees …read more […]

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Crude Clings to Gains With All Eyes on a Global Output-Cut Deal

(Bloomberg) — Oil held on to small gains as investors searched for signals that the world’s biggest producers will be able to strike a deal to end a price war and stabilize energy markets.Futures in New York rose more than 4% on Tuesday before trading close to little changed. Saudi Arabia and Russia are hammering out terms to a production agreement with OPEC+ talks planned for Thursday and a G-20 meeting of energy ministers set for Friday, according to people familiar with the matter.“There is uncertainty over whether a deal would be reached among OPEC+,” said Gene McGillian, vice president …read more […]