Earnings Preview: TCP, LPX, BIP
With the earnings season well on its way, many investors still remain understandably skeptical about several commodity producers’ fourth-quarter reports as global economic uncertainties and demand concerns continue to plague the market. Earnings results thus far have been mixed, while lackluster economic data weighs heavily on commodities. Last week, however, oil giants Exxon Mobil (XOM) and Chevron Corporation (CVX) both posted solid Q4 profits, exceeding analysts’ expectations. Chevron’s victory, however, was short-lived after analysts at UBS cut its stock recommendation [for more commodity news and analysis subscribe to our free newsletter].
Commodity Stock Plays in the 2012 Dividend Achievers
In today’s current market environment, one that is plagued with volatility and offering low rates for those trying to earn a steady income, investors have begun to widely adopt dividend strategies. Not only can dividends help keep a portfolio in line with inflation, but they also add a predictable income stream to a portfolio through cash distributions on a regular basis. But when it comes to commodity investing, dividends rarely overlap. The majority of commodity investments are made via futures contracts or other funds that invest directly in the asset itself, but there are also ways for commodity investors to gain access to their favorite tangible assets while still maintaining a strong income stream [for more dividend news subscribe to our free newsletter].