State Street rebounds with markets

STATE STREET CORP. $86 is a buy. The company (New York symbol STT; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 343.5 million; Market cap: $29.5 billion; Price-to-sales ratio: 2.5; Dividend yield: 2.6%; TSINetwork Rating: Average; www.statestreet.com) sells accounting and administrative services to operators of mutual… Read More

Activists want Exxon to go green

EXXON MOBIL CORP. $53 is a hold. The oil giant (New York symbol XOM; Resources sector; Shares outstanding: 4.2 billion; Market cap: $222.6 billion; Dividend yield: 6.9%; Takeover Target Rating: Lowest; www.exxonmobil.com) has come under fire from two activist firms—D.E. Shaw Group and Engine No. 1.
Exxon’s shares are down… Read More

ETFs keep attracting record inflows

In 2020, ETFs continued to attract new money at a rapid pace, with almost $33 billion in inflows through the end of November. That should lead to a record year of inflows, beating the previous record of $30 billion set in 2019.
Canada now has 39… Read More