Wall Street Fundamentals Releases New In-Depth Stock Reports on ED, HCP, NLY and WMT


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Companies Mentioned

NYSE:ED / NYSE:HCP / NYSE:NLY / NYSE:WMT
04/07/2014 [ACCESSWIRE]

Low interest rates have increased the appeal of dividend-paying stocks amongst investors in 2014. The iShares Select Dividend ETF (NYSEARCA: DVY) is up 2.63 percent year-to-date, compared to a loss of 0.99 percent for the Dow. "We're giving more weight to dividends just because we don't really see the engines of [economic] growth there," said Scott Armiger, chief investment officer of Christiana Trust, a division of WSFS Bank, "A sustainable dividend puts a floor under the price of the stock." 10-year Treasury notes currently offer a yield of approximately 2.73 percent, which is down from 3.0 percent at the beginning of 2014. Here is how some dividend yielding stocks reacted Friday:

Consolidated Edison, Inc. (NYSE: ED) shares traded in the range of $53.75 to $54.72 Friday before settling to close at $54.36, an increase of 1.30 percent. The stock appears to be facing some resistance at the $54.38 and $54.93 levels with some support at $53.99 and $53.75. The company currently offers an annual dividend of $2.52 for a yield of roughly 4.64 percent. Shares of Consolidated Edison have fallen approximately 2.0 percent year-to-date.

More information on Consolidated Edison and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/ED

HCP, Inc. (NYSE: HCP) shares traded in the range of $38.96 to $39.67 Friday before settling to close at $39.47, an increase of 1.18 percent. The stock appears to be facing some resistance at the $40.33 and $43.12 levels with some support at $39.36 and $38.89. The company currently offers an annual dividend of $2.18 for a yield of roughly 5.52 percent. Shares of HCP have gained approximately 8.0 percent year-to-date.

More information on HCP and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/HCP

Annaly Capital Management, Inc. (NYSE: NLY) shares traded in the range of $10.89 to $11.07 Friday before settling to close at $11.04, an increase of 1.75 percent. The stock appears to be facing some resistance at the $11.10 and $11.48 levels with some support at $10.74 and $10.38. The company currently offers an annual dividend of $1.20 for a yield of roughly 10.87percent. Shares of Annaly Capital Management have gained approximately 10.0 percent year-to-date.

More information on Annaly Capital Management and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/NLY

Wal-Mart Stores, Inc. (NYSE: WMT) shares traded in the range of $77.25 to $77.90 Friday before settling to close at $77.31, a decrease of 0.19 percent. The stock appears to be facing some resistance at the $77.52 and $78.91 levels with some support at $77.18 and $76.80. The company currently offers an annual dividend of $1.92 for a yield of roughly 2.48 percent. Shares of Wal-Mart have fallen approximately 2.0 percent year-to-date.

More information on Wal-Mart and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/WMT

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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