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Corporate Buybacks Gain Steam With Banks Poised to Boost Buying


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buybacks: Corporate buybacks gain steam with banks poised to boost buying


High stock price valuations may be giving some investors pause, but it hasn’t stopped U.S. corporations from plowing even more cash into their shares.
Morgan Stanley and Wells Fargo Inc. are among the nation’s biggest lenders that signaled this week they’re stepping up repurchases and raising dividends after passing Federal Reserve stress tests with flying colors.
Banks are joining the party after buybacks rose sharply in the first three months of the year, capping several quarters of gains following a pandemic-related dip in 2020. The moves bode well for stocks since buybacks are a direct way to boost share prices and companies are flush with cash as the U.S. economy rebounds from a year of lockdowns. ....

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P/E Ratio Insights for Wells Fargo


In the current market session,
Wells Fargo Inc. (NYSE:WFC) is trading at $41.41, after a 1.46% decrease. However, over the past month, the stock increased by 1.49%, and in the past year, by 45.98%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session.
Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 1.81%.
The P/E ratio measures the current share price to the company s EPS. It is used by long-term investors to analyze the company s current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily ....

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TD Ameritrade Investor Movement Index: Big-Name Volatility Pushes IMX Score Higher in March


TD Ameritrade Investor Movement Index: Big-Name Volatility Pushes IMX Score Higher in March
By
Staff
1 second ago
An increase in relative volatility among widely held names, including Tesla Inc. (TSLA), Amazon Inc. (AMZN), and The Walt Disney Company (DIS) caused an increase in the IMX score during the March period
® (IMX
SM) increased to 8.21 in March, up 8.74 percent from its February score of 7.55. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
The reading for the four-week period ending March 31, 2021 ranks “High” compared to historic averages. ....

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