July 22, 2019
Table of Contents
s 2019 Dow Jones & Company, Inc. All Rights Reserved.
FedEx Could Pack a Punch AlRoot 12
Theshipperisanattractiveplayonthegrowthofe-commerce,evenas
Amazonrampsupitsownlogisticsnetwork.Indeed,FedEx’sbattered
sharescoulddelivera33%totalreturn—andaFedratecutcouldhelp.
Fed-Resistant Bank Stocks LawrenceC.Strauss 13
Someregionalbanksarelesssensitivethanotherstofallinginterest
rates,makingthisagoodtimetoscoopupbargainsinnamessuchas
KeyCorp,SignatureBank,andU.S.Bancorp.
Target Hits the Bull’s-Eye AviSalzman 14
Thediscounter’ssuccessinadaptingtonewshoppingtrendsishelping
itwincustomersawayfromstrugglingbricks-and-mortarretailersand
fendoffAmazon.WhyTarget’sstockisstillabargain.
SoftBank: The Biggest Bet on Tech’s Future 18
EricJ.Savitz
COVER STORY: SoftBank’sultracheapvaluationand
sprawlingholdings—includingstakesinAlibaba,
Uber,andahostofbuddingtechnologies—make
itasmartbetoninnovation.CEOMasayoshiSon
explainshisapproachinarareinterview.
The Top 100 Annuities KarenHube 25
Ourguideoffershelpinchoosingfromthecomplicatedandgrowing
arrayofproductsthatpromiseguaranteedincomeforlife.
PLUS: Howtoavoidcostlymistakeswhenchoosinganannuity.
Mutual Funds: Early Movers LeslieP.Norton 33
PROFILE: EricSteinandMichaelCirami,EatonVance’sco-directorsof
globalincome,putinthelegworktospotopportunityandavoidtrouble
inemergingmarkets.Theirnewestposition:Ukraine. PLUS: Scoreboard.
Just What the Doctor Ordered JoshNathan-Kazis 36
AN INTERVIEW WITH ZIAD BAKRI: Themanagerofthetop-performing
T.RowePriceHealthSciencesfund,aformerphysician,explainshis
approachtopickingpromisinghealth-carestocks.
Columns
Up & Down Wall Street
AndrewBary
Stockscouldkeepclimbing—
somaybeconsidersomeof
thelaggards,likebanks.
Streetwise
DavidMarino-Nachison
Chipotlestockisonfireagain,
lessthantwoyearsafterthe
chain’sfood-safetysetback.
Follow-Up
Raisingthebarforgold
followingitsrapidrun-up.
Review & Preview
FormulaE’srecentelectric-car
raceoffersapeekatthefuture
ofliveentertainment.Plus,the
LionKing rebootisthelatest
exampleofDisney’slow-risk,
high-rewardstrategy.
The Economy
MatthewC.Klein
Germanyisn’tarolemodel,but
acautionarytale—contraryto
whatSen.Warrenthinks.
Tech Trader
TaeKim
Netflix’sstumblecouldbea
signofchallengestocome.
Funds
ReshmaKapadia
Frontiermarketsareonsale—
butitcouldbeawildride.
Current Yield
JamesGrant
Monetarypolicyinthehands
ofacademicshaslostall
commonsense.
Income Investing
LawrenceC.Strauss
TheheadoftheT.RowePrice
DividendGrowthfundsees
valueinnamessuchas
Microsoft,Visa,andPfizer.
PulloutSectionBeginsAfterPage
Cover Illustration
Livia Cives
Charting the Market M
The Trader
NicholasJasinski
Index-levelcalmmasksplenty
ofactioninindividualnames
asearningsseasonstarts.M
European Trader
PierreBriançon
It’stimeforGermanytobreak
withthriftinessandembrace
economicstimulus.M
Emerging Markets
CraigMellow
Mexicanbondsyielding4%
aretoughtoturndown—but
proceedwithcaution.M
Striking Price
StevenM.Sears
BeyondMeatisatempting
playaheadofitsearnings,if
youcanstomachtherisk.M
Winners & Losers M
Commodities Corner
MyraP.Saefong
CheaperpricesforU.S.natural
gascouldignitedemand.M
13D Filings M
Research Reports M
Insider Transactions M
Market View M
Index to Companies ........
Mailbag Thenextrecession.
PresidentsandtheFed. ....
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