In 2018, Walmart stores without cashiers, software for creators from Adobe, and loans from Bank of America will be discussed on the stock exchange.
By the close of trading in New York, the S&P index rose + 0.2% to 2684.57 points thanks to stable and resilient companies with time-tested business models, including Merck, Caterpillar, Verizon, and the Dow 30 index rose by + 0.23%, to 24782.29 points, as investors positively assessed the adoption of taxes in the United States.
Of the individual sectors, the most popular were banks that helped the economy seek funding sources, and retail, which could receive support from retail sales data, as well as international concerns, which had the lowest deductions and high effective tax rates.
Yields on 10-year Treasuries rose to 2.48%, the euro / dollar rose to 1.1851, and the price of gold rose, at the time of writing, to $ 1267.22 per ounce on expectations of inflation in the US with no increase in budget revenues for the first time until the economy accelerates further and taxes are already reduced. .
Of the banks, Bank of America (BAC) remains the current investment tool – the second largest US retail bank after JP Morgan, one of the market leaders who received the greatest impetus for development at the turning points of the power's life, as they demanded the most loans. Recovery from fires and hurricanes, and other major construction, infrastructure projects would be inconceivable without loans from this institution. In terms of numbers, Bank of America securities provide a rare opportunity to participate in the capital of a civilized bank with a capitalization of net assets of about 1.2, compared, for example, with 1.6 from JP Morgan.
Assets managed by the Bank of America division called Merrill Lynch this year for the first time exceeded $ 1 trillion. Capital adequacy of the first level increased by 3 percentage points after the closure of a quarter of branches and a decrease in staff by 76 thousand people. At the close in New York, Bank of America was trading at $ 29.82.
Adobe Systems (ADBE) is a leader in software for creators. To such an extent that if you are a creator, you are surely doing a lot of professional tasks in Adobe, regardless of whether you have a Mac or Windows. Recent software updates are constantly bringing something new to the practice of designers.
New updates of 2017 also create new obstacles to the pirated use of software products except by subscription. At BMO Capital Markets, Adobe Systems is expected to grow to $ 205, at KeyBanc Capital Markets – up to $ 216, in UBS – up to $ 217 (+ 24.3% of the current quote, $ 174.56), and forecasters from FundStrat Global Advisors, skeptical about the segment FANG in general, consider Adobe the most preferred security.
The capitalization of Adobe may well exceed $ 100 billion next year, before that there are the very + 16% that we expect the market to grow in 2018.
Wal-Mart Stores (WMT) Shopping Experiments called Code Eight will also attract wealthy citizens to supermarkets. In particular, as part of one of the projects, this Wal-Mart division is testing fully automated stores without cashiers, in the positions of which 2+ million network employees work. The project is called Kepler and is a new generation of automation like Amazon Go.
It is assumed that buyers will have the opportunity to send bots text messages about orders containing graphic information or a general description of the desired purchase, and the computer will know better than others where the purchases are, supposedly not requiring creative sales.
Despite worrying about hiring Americans, Wal-Mart continues to experiment with automation to attract affluent demographic clients who do not have too much time to shop.
It is assumed that all cashier bots will use machine learning and processing algorithms for live human communication. The replacement of cashiers with computers at Wal-Mart is based on previous achievements in the field of online trading, in particular, on the transition of retail chains to order via the Internet with delivery to a point of sale. Delivery during the day is supposed to be made completely free, and in the shops of buyers will be met by specially trained bots.
By the close of trading in New York, WMT was trading at $ 98.06. From February 1, 2018, Wal-Mart Stores, Inc. officially changes its name to Walmart Inc in order to simplify the search on the Internet.
According to the idea of optimization, a change of name will simplify the search on-line and on mobile devices, although the company was previously known under both names.