Saturday, August 18, 2018

Barrons weekend summary

Barrons weekend summary: positive feature on STT and on fertilizer makers (CF MOS NTR.CA) 

- Cover story explores investing in blockchain's future winner as estimates for blockchain related revenue ramps from about $5B this year to over $3.1T by 2030 (Gartner estimate). IBM and MSFT are investing in the tech but don't break out their related revenue. Logistics related firms like A.P. Moller-Maersk and Walmart are also working on putting the food supply chain on to blockchain tech.

Positive feature on State Street (STT) says the bank stock has underperformed this year mainly on concerns about its acquisition o analytics firm Charles River Development. STT paid a hefty price for ht acquisition but investors should come back to STT as it digests Charles River and resume share buybacks in 2019.

Positive feature on fertilizer names (CF MOS NTR.CA) says there could be 25% upside in the companies as a supply glut has not materialized and demand is steadily increasing.