Billionaire 'Bond King' Bill Gross recommends 4 defensive investments for a bull market he sees losing steam [Yahoo! Finance]
Allete, Inc. (ALE)
Last allete, inc. earnings: 2/13 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.allete.com/investor-relations
Company Research
Source: Yahoo! Finance
He recommends that investors reposition toward defensive and high-yielding stocks. His favorite investments at the moment include MLP pipelines and municipal income funds. Though this year's record-beating stock rally continues to impress Wall Street, billionaire investor Bill Gross isn't so sure the bull market will maintain its hot pace for much longer. According to the so-called Bond King's latest note , investors should reposition toward defensive and higher-yielding stocks as momentum winds down. He also recommended low exposure to fixed income, having previously criticized current Treasury conditions. "No bear market, but it's not the same bull market anymore," Gross said, adding that equities are set for "low buy positive" returns going forward. Gross also listed four of his favorite investments at present time: The first is Allete an electric-service company that has risen 5% year-to-date. It's a buyout with 10% upside over the next 12 months, he said. Gross als
Show less
Read more
Impact Snapshot
Event Time:
ALE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALE alerts
High impacting Allete, Inc. news events
Weekly update
A roundup of the hottest topics
ALE
News
- ALLETE Clean Energy has fully recontracted Armenia Mountain Wind [Yahoo! Finance]Yahoo! Finance
- ALLETE Clean Energy has fully recontracted Armenia Mountain WindBusiness Wire
- ALLETE, Inc. (NYSE: ALE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Is ALLETE, Inc. (ALE) Among The Top Dividend Contenders Right Now? [Yahoo! Finance]Yahoo! Finance
- ALLETE, Inc. (NYSE: ALE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
ALE
Earnings
- 5/9/24 - Miss
ALE
Sec Filings
- 10/30/24 - Form 10-Q
- 9/25/24 - Form SD
- 9/23/24 - Form 4
- ALE's page on the SEC website