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Today’s Stock Market News & Events: 9/27/2022

7 Rules for Banking 8%+ Dividends (and 100%+ Gains) in Closed-End Funds

Today will bring durable goods orders, core durable goods orders, the S&P Case Shiller U.S. home price index, the consumer confidence index, and new home sales data.

The following public companies are slated to release corporate earnings today, September 27:

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL — $97.79) develops and operates the Cracker Barrel Old Country Store concept in the United States. Cracker Barrel will report its Q3 earnings of 2022 before the bell today.

Endava plc (NYSE:DAVA — $79.58) provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in Europe, Latin America, North America, and internationally. Endava will report its Q4 earnings of 2022 before the bell today.

Jabil Inc. (NYSE:JBL — $56.16) provides manufacturing services and solutions worldwide. Jabil will report its Q3 earnings of 2022 before the bell today.

Neogen Corp. (NASDAQ:NEOG — $14.56) develops, manufactures, and markets various products for food and animal safety worldwide. Neogen will report its Q3 earnings of 2022 before the bell today.

TD Synnex Corp. (NYSE:SNX — $84.20) provides business process services in the United States and internationally. TD Synnex will report its Q3 earnings of 2022 before the bell today.

United Natural Foods Inc. (NYSE:UNFI — $38.44) distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. United Natural Foods will report its Q3 earnings of 2022 before the bell today.

BlackBerry Ltd. (NYSE:BB — $4.97) provides intelligent security software and services to enterprises and governments worldwide. BlackBerry will report its Q3 earnings of 2022 after the close today.

Cal-Maine Foods Inc. (NASDAQ:CALM — $59.68) produces, grades, packages, markets, and distributes shell eggs. Cal-Maine Foods will report its Q3 earnings of 2022 after the close today.

Progress Software Corp. (NASDAQ:PRGS — $41.32) develops, deploys, and manages business applications. Progress Software will report its Q3 earnings of 2022 after the close today.

Looking ahead to tomorrow, the Goods Trade balance is on tap along with retail inventories ex auto and pending home sales data. 

All economic dates listed here are tentative and subject to change.

Investing in a bull market is fun and relatively easy. When the major indexes are hitting new highs seemingly every day, it’s easy to find stocks to buy. By contrast, investing in a bear market may not be as enjoyable. But it’s necessary, and when you have a strategy it doesn’t have to be hard.

One timeless bear market strategy is to buy dividend stocks. And for investors looking to take even more risk out of this strategy, investors can elect to buy a group of stocks known as dividend aristocrats. These are companies that have a history of issuing, and growing, its dividend year – after year – after year. In fact, to be a member of this exclusive group, a company must have increased its dividend every year for at least 25 consecutive years.

In this special presentation, we’ll analyze seven dividend aristocrats who are giving investors a good balance between growth and value. This makes them strong additions to your portfolio as part of a defensive strategy to weather a recession.

Here are 7 dividend aristocrats that can help your portfolio thrive in a bear market.

View the “7 Dividend Aristocrats to Help You Take the Bite Out of the Bear”.

Written by Steve Ives