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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Jan 05, 2016
Page
9
The weekly index from the International Council of Shopping Centers and Goldman Sachs previews how department stores and retail chains are faring. The report due today is expected to shed light on consumer spending and store performance across the sector.
In the new 1.1 trillion budget Congress extends a five year tax credit for installed renewables. Sunrun and SolarCity led gains with about 77 percent jumps while the Guggenheim Solar ETF fluctuated, signaling high volatility. Credit Suisse analyst Patrick Jobin argues valuation justifies higher levels amid profits and growth.
Morningstar notes this fund seeks stocks with projected earnings growth of at least 10 percent annually over the next decade. It tends to favor large cap, relatively stable companies, aligning with a large growth category emphasis.
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