Use these updates to enhance your returns: BHP Group Ltd., Howmet Aerospace Inc. and State Street Corp.

Article Excerpt

BHP GROUP LTD. (ADR) $55 is a buy. This company (New York symbol BHP; Conservative Growth Portfolio, Resources sector; ADRs outstanding: 2.5 billion; Market cap: $137.5 billion; Price-to-sales ratio: 3.2; Dividend yield: 4.0%; TSINetwork Rating: Average; www.bhp.com) is a leading producer of iron ore (which supplies 50% of its earnings) as well as oil and gas, copper, nickel and coal. BHP’s revenue in its 2020 fiscal year, ended June 30, 2020, fell 3.1%, to $42.83 billion from $44.29 billion in 2019. That’s because COVID-19 related shutdowns have hurt demand and prices for its commodities. Excluding unusual items, overall earnings fell 0.7%, to $9.06 billion from $9.12 billion. Due to fewer shares outstanding, earnings per ADR rose 1.6%, to $3.58 from $3.52. Under a new long-term plan, BHP now plans to sell or spin off its thermal coal operations. Thermal coal is burned by utilities to generate power. However, the company will continue to produce metallurgical coal, which is used in steelmaking. BHP Group is a buy. HOWMET AEROSPACE…

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