Richard Moroney, CFA, is the editor of Dow Theory Forecasts and the Upside newsletter; the vice president of research for Horizon Publishing Company; and vice president and portfolio manager of Horizon Investment Services, a money management company. He is the inventor of the proprietary Quadrix® stock-rating system. Called "An Intellectual Heir to Charles Dow" by his peers and the press, Mr. Moroney is sought out for his accurate forecasts on the market and specific stocks by major news organizations and business groups. He has appeared on CNN, CNBC, and Sky Radio and is often quoted in Barron's, Investor's Business Daily, SmartMoney, Business Week, The Washington Post, The Chicago Tribune, and the Chicago Sun Times. Mr. Moroney holds an MBA in finance from the University of Chicago.
Fortis (FTS) has roots stretching back to 1885 as a tiny electric utility formed in what is now the Canadian province Newfoundland, suggests Richard Moroney, editor of Dow Theory Forecasts.
This year’s consumer-driven economic rebound provided the perfect environment for Ally Financial (ALLY), suggests Richard Moroney, editor of Dow Theory Forecasts.
If we assembled a group of blue-chip stocks for income investors, it would likely resemble the Dividend Aristocrats, which are S&P 500 Index stocks that have raised their dividends for at least 25 straight years, observes Rich Moroney, editor of Dow Theory Forecasts.
President Biden unveiled his “American Jobs Plan,” a proposal to spend $2.3 trillion to upgrade the country’s infrastructure over eight years. Biden proclaimed the plan a “once-in-a-generation investment in America,” asserts Rich Moroney, editor of Upside, a specialized service focused on small cap stocks.
At mid-year, Richard Moroney of Dow Theory Forecasts highlights some of the best performers and their current outlook on these Top Picks for MoneyShow.com.