Time for Defense: Here Are 2 High-Yield Dividend Stocks That Morgan Stanley Likes

Time for Defense: Here Are 2 High-Yield Dividend Stocks That Morgan Stanley Likes

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{emptyPanelMsg}

‘,panelErrorTemplate=’

{errorMsg}

‘,panelParentTemplate=”,notifOnboardPromoTemplate=”,EXPANDED_PANEL=”expanded_panel”,ERROR_PANEL=”error_panel”,NotificationView=function(){function e(n,t){classCallCheck(this,e);var i=this;i._config=n,i._panelNode=null,i._store=t}return createClass(e,[{key:”_generatePanelMarkup”,value:function(e,n){var t=this._config,i=void 0,o=void 0;”undefined”!=typeof window&&(i=window.Notification&&”default”===window.Notification.permission,o=t.promos.bypassEligibleClassCheck||hasClass(document.body,t.promos.eligibleBodyClass));var r=t.promos.enableNotifOnboard&&i&&o?notifOnboardPromoTemplate:””;if(r){var s=t.promos.showYahooLogo?””:”yns-no-logo”;r=r.replace(“{notifOnboardBtnLabel}”,t.promos.notifOnboardBtnLabel).replace(“{notifOnboardMsg}”,t.promos.notifOnboardMsg).replace(“{subscriptionTopic}”,t.promos.subscriptionTopic).replace(“{noLogoClass}”,s).replace(“{promoLogo}”,t.promos.promoLogo)}var a=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:constants.panelHideElement,d=t.panel.headerMsg?””:” “+constants.panelHideElement,u=c?constants.panelPaddingBtm:””,p=void 0;n.count?p=n.markup:p=panelEmptyTemplate.replace(“{emptyPanelMsg}”,t.panel.emptyPanelMsg);return e=e.replace(“{notifMarkup}”,p).replace(“{promoMarkup}”,r).replace(“{hideClass}”,l).replace(“{notifCenterLink}”,c).replace(“{paddingClass}”,u).replace(“{headerMsg}”,t.panel.headerMsg).replace(“{hideHeaderClass}”,d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,a)}},{key:”render”,value:function(e,n){var t=this;if(t._panelNode){var i=void 0,o=t._panelNode,r=void 0,s=void 0;switch(e){case EXPANDED_PANEL:i=panelTemplate,s=t._store.getNotifications(),r=t._generatePanelMarkup(i,s),o.innerHTML=r;break;case ERROR_PANEL:r=(i=panelErrorTemplate).replace(“{errorMsg}”,t._config.panel.errorMsg),o.innerHTML=r}n&&n()}else n&&n(new Error(“No panel parent”))}},{key:”createPanelParentNode”,value:function(e){e&&(e.innerHTML=panelParentTemplate,this._panelNode=document.getElementById(constants.panelNodeId))}},{key:”updateBadgeNode”,value:function(e){if(e){var n=this._store.getNotifications().newCount,t=this._config.badge.maxCount;if(n){var i=n>t?t+”+”:n;e.innerHTML=i}else e.innerHTML=””}}},{key:”addStyles”,value:function(e){if(e&&”undefined”!=typeof window){var n=document.getElementById(this._config.panel.styleTagId);n||((n=document.createElement(“style”)).type=”text/css”,n.id=this._config.panel.styleTagId,n.innerText=e,document.head.appendChild(n))}}}]),e}(),EXPANDED_PANEL$1=”expanded_panel”,ERROR_PANEL$1=”error_panel”,PanelController=function(){function e(n,t,i){classCallCheck(this,e);var o=this;o._store=t,o._view=i,o._config=n;var r=o._config.panel;o._panelParentNode=document.querySelector(r.parentSelector),o._badgeNode=o._config.badge.selector&&document.querySelector(o._config.badge.selector),o._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return createClass(e,[{key:”createPanelParentNode”,value:function(){this._view.createPanelParentNode(this._panelParentNode),this._notifPanelNode=document.getElementById(constants.panelNodeId)}},{key:”refreshPanelNode”,value:function(e,n){var t=this;addClass(t._notifPanelNode,constants.panelLoading),t._store.fetchNotifications(e,(function(e,i){var o=window.wafer&&window.wafer.base;o&&o.destroy(t._notifPanelNode),e?t._notifPanelNode.innerHTML||(t._view.render(ERROR_PANEL$1),addClass(t._notifPanelNode,constants.panelLoading)):(t._view.render(EXPANDED_PANEL$1),t._view.updateBadgeNode(t._badgeNode),t._showBadge(),t._showIndicator(),t._view.addStyles(i.css)),removeClass(t._notifPanelNode,constants.panelLoading),o&&o.sync(t._notifPanelNode.parentNode),n&&n(e,i)}))}},{key:”resetBadge”,value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),addClass(e._badgeNode,e._config.badge.hideClass)}},{key:”_showIndicator”,value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?addClass(this._indicatorNode,this._config.panel.indicatorClass):removeClass(this._indicatorNode,this._config.panel.indicatorClass))}},{key:”_showBadge”,value:function(){var e=this;e._store.getNotifications().newCount?removeClass(e._badgeNode,e._config.badge.hideClass):addClass(e._badgeNode,e._config.badge.hideClass)}}]),e}(),config={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:”Notify Me”,notifOnboardMsg:”Get alerts for breaking news and top stories”,promoLogo:”https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png”,showYahooLogo:!0,subscriptionTopic:”gondor_homerun_news”},badge:{hideClass:””,maxCount:5,selector:””},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:””,headerMsg:”Notifications”,imageTag:”img:40×40|2|80″,indicatorClass:”yns-indicator”,indicatorSelector:null,maxCount:6,notificationCenterNavMsg:”View all {newCount} notifications”,notificationCenterPath:””,notificationTypes:””,parentSelector:null,styleTagId:”notificationStyles”,theme:”default”},service:{attemptCount:2,attemptDelay:1,url:null,resetUrl:null,isRMP:!1,responseType:”json”,timeout:1500}},Main=function(){function e(n){classCallCheck(this,e);var t=this;t.config=t._parseConfig(n),t._validateRequiredConfigs()&&(t._request=new NotificationRequest(t.config),t._store=new NotificationStore(t.config,t._request),t._view=new NotificationView(t.config,t._store),t._panelController=new PanelController(t.config,t._store,t._view),t._panelController.createPanelParentNode(),t._assignHelperMethods())}return createClass(e,[{key:”_parseConfig”,value:function(e){var n={};for(var t in objectAssign(n,config),n)if(n.hasOwnProperty(t)){var i=n[t],o=e[t];”object”===(void 0===i?”undefined”:_typeof(i))?objectAssign(i,o):n[t]=e[t]}return n}},{key:”_validateRequiredConfigs”,value:function(){var e=this.config;return!(!e.panel.parentSelector||!e.service.url)}},{key:”_assignHelperMethods”,value:function(){var e=this;e.helpers={refreshPanelNode:e._panelController.refreshPanelNode.bind(e._panelController),resetBadge:e._panelController.resetBadge.bind(e._panelController),resetIndicator:function(){removeClass(e._panelController._indicatorNode,e.config.panel.indicatorClass)}}}}]),e}(),notificationClient_module_min=Main,notificationClient={NotificationClient:notificationClient_module_min},CONSUMPTION_STORAGE_KEY=”lnct”,NotifClient=function(){function e(){var e,n;this.personalized=!1,this.ybarElem=document.getElementById(“ybar”),this.partnerClasses=null===(n=null===(e=this.ybarElem)||void 0===e?void 0:e.className)||void 0===n?void 0:n.match(/ybar-variant-([a-z]*)/),this.client=new notificationClient.NotificationClient(this.getConfig())}return e.prototype.refreshPanel=function(){var e,n,t,i=this,o={lastUpdate:this.getTimeStamp()||this.setTimeStamp(),loadInHpViewer:!0,includePersonalized:this.personalized},r=(null===(e=window.YAHOO)||void 0===e?void 0:e.context)||(null===(n=window.Af)||void 0===n?void 0:n.context)||{};return r.region&&r.lang&&(o.lang=r.lang,o.region=r.region),(null===(t=this.partnerClasses)||void 0===t?void 0:t.length)&&(o.partner=this.partnerClasses[1]),new Promise((function(e,n){i.client.helpers.refreshPanelNode({matrixParams:o},(function(t,i){t&&(logError(“Notification refresh error:”,t),n(t)),e(i)}))}))},e.prototype.resetBadge=function(){this.client.helpers.resetBadge(),this.setTimeStamp()},e.prototype.getConfig=function(){var e,n,t,i,o={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0},badge:{selector:”#notif-badge”,hideClass:”ybar-notification-hidden”},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:”Please check back later.”,headerMsg:”Notifications”,maxCount:5,parentSelector:”#ybarNotificationBody”,notificationTypes:”breakingNews”},service:{url:”/tdv2_fp/api/resource/NotificationHistory.getHistory”,isRMP:!1}},r=document.getElementById(“notification-container”),s=null===(e=null==r?void 0:r.dataset)||void 0===e?void 0:e.config,a={};if(s){“att”===(null===(n=this.partnerClasses)||void 0===n?void 0:n[1])&&(o.promos.showYahooLogo=!1);try{var c=JSON.parse(s);a=__assign({},c),this.personalized=1===c.personalize}catch(e){logError(“Notifications config parsing error”,e)}r&&delete r.dataset.config}var l=this.mergeConfigs(o,a);return(null===(t=this.partnerClasses)||void 0===t?void 0:t.length)&&(null===(i=l.promos)||void 0===i?void 0:i.subscriptionTopic)&&delete l.promos.subscriptionTopic,l},e.prototype.mergeConfigs=function(e,n){var t=__assign({},e);for(var i in e)t[i]=__assign(__assign({},e[i]),n[i]);return t},e.prototype.getTimeStamp=function(){var e;return null===(e=window.localStorage)||void 0===e?void 0:e.getItem(CONSUMPTION_STORAGE_KEY)},e.prototype.setTimeStamp=function(){var e,n=””+Math.floor((new Date).getTime()/1e3);return null===(e=window.localStorage)||void 0===e||e.setItem(CONSUMPTION_STORAGE_KEY,n),n},e}(),notifClient=new NotifClient,getNotifClient=function(){return notifClient},reInit=function(){notifClient=new NotifClient},ybarRapid,ybarRapidInterval,ybarRapidErrMsg=””,beaconQueue=[],noop=function(){},logRapidError=function(){window.removeEventListener(“beforeunload”,logRapidError),””!==ybarRapidErrMsg&&logError(“Rapid not found on page”,new Error(ybarRapidErrMsg))},findRapidWithSpaceid=function(e){var n=void 0;if(e&&e.length>0)for(var t=0;t0){if(ybarRapid.addModules(o,!1,i),beaconQueue.length>0)for(e=0;e90&&fireImageBeacon(“performance”,e)}catch(e){}}),1e3)}))},measureInit=measure(“ybar-init”);initYbar(),measureInit.stop(),initPerformanceMetricsBeaconListener(),initRapid(),initErrorBeaconListener();var selected=”_yb_jzayl”,Css$7={“right-item”:”_yb_25j2b”,selected:selected,”ybar-mod-topnavigation”:”_yb_1o38m”,”ybar-mod-topnavigation-teaser-imp”:”_yb_1oij6″},DOCUMENT_NODE_TYPE=9;if(“undefined”!=typeof Element&&!Element.prototype.matches){var proto=Element.prototype;proto.matches=proto.matchesSelector||proto.mozMatchesSelector||proto.msMatchesSelector||proto.oMatchesSelector||proto.webkitMatchesSelector}function closest(e,n){for(;e&&e.nodeType!==DOCUMENT_NODE_TYPE;){if(“function”==typeof e.matches&&e.matches(n))return e;e=e.parentNode}}var closest_1=closest;function _delegate(e,n,t,i,o){var r=listener.apply(this,arguments);return e.addEventListener(t,r,o),{destroy:function(){e.removeEventListener(t,r,o)}}}function delegate(e,n,t,i,o){return”function”==typeof e.addEventListener?_delegate.apply(null,arguments):”function”==typeof t?_delegate.bind(null,document).apply(null,arguments):(“string”==typeof e&&(e=document.querySelectorAll(e)),Array.prototype.map.call(e,(function(e){return _delegate(e,n,t,i,o)})))}function listener(e,n,t,i){return function(t){t.delegateTarget=closest_1(t.target,n),t.delegateTarget&&i.call(e,t)}}var delegate_1=delegate,ListNode=function(e){this.data=e,this.next=null,this.prev=null},LinkedList=function(){function e(){this.head=null,this.tail=null}return e.prototype.push=function(e){var n=new ListNode(e);return this.head?this.tail?(n.prev=this.tail,this.tail.next=n,this.tail=n):(this.tail=n,this.tail.prev=this.head,this.head.next=this.tail):(this.head=n,n.next=this.tail),n},e.prototype.size=function(){for(var e=0,n=this.head;n;)e+=1,n=n.next;return e},e.prototype.getHead=function(){return this.head},e.prototype.getTail=function(){return this.tail},e.prototype.get=function(e){if(e>=this.size())return null;for(var n=0,t=this.head;(null==t?void 0:t.next)&&n0&&Array.prototype.forEach.call(e,(function(e){e.onerror=function(){e.onerror=null,e.style.display=”none”}}))},fixLogoOutline=function(e,n){e&&(hideOutlineOnMouseDown(“#ybar-logo”,”#ybar-logo”,n),n.onDestroy((function(){e.classList.remove(“ybar-show-outline”),e.classList.remove(“ybar-hide-outline”)})))},logoClick=function(e,n){n&&e.addElementListener(n,”click”,(function(){e.triggerEvent(“logo-click”)}))},init$4=function(e,n){n.logoImages&&hideLogosOnError(n.logoImages),n.wrapper&&(fixLogoOutline(n.wrapper,e),logoClick(e,n.wrapper))};initModule(“ybar-mod-logo”,(function(e){var n={wrapper:document.getElementById(“ybar-logo”),logoImages:document.querySelectorAll(“.”.concat(Css$6[“logo-image”]))};init$4(e,n)}));var overlay$1=”_yb_12lgy”,tooltip=”_yb_12q59″,tooltip__text=”_yb_1d5ug”,tooltip__voice=”_yb_1xpmk”,tooltip__web=”_yb_dgyn0″,dark=”_yb_183ar”,darker=”_yb_1yc1q”,light=”_yb_ygnhg”,midnight60=”_yb_18lo3″,Css$5={“dropdown-open”:”_yb_1dctr”,”merchant-is-selected”:”_yb_18dyt”,overlay:overlay$1,”selected-merchant-clear-button”:”_yb_mo1c8″,”shops-buttons”:”_yb_2zvzp”,”styled-select”:”_yb_couwt”,tooltip:tooltip,”tooltip–show”:”_yb_cbae6″,tooltip__text:tooltip__text,tooltip__voice:tooltip__voice,tooltip__web:tooltip__web,dark:dark,darker:darker,light:light,midnight60:midnight60},range=function(e,n){var t=Math.max(e,n),i=Math.min(e,n),o=Math.abs(t-i);return __spreadArray([],new Array(o+1),!0).map((function(e,n){return i+n}))},openSearchOverlay=function(e,n,t){var i=e.getConfig().bucketConfig,o=(void 0===i?{}:i).enable_search_ui,r=void 0!==o&&o;if(n.ybar){n.ybar.classList.add(“ybar-searchbox-assist-fullscreen”),document.documentElement.classList.add(“ybar-overlay”),document.body.classList.add(“ybar-overlay-noscroll”);beaconClick(“ybar”,”websrch”,””,{elm:”expand”,subsec:”searchbox”,itc:”1″}),setTimeout((function(){n.searchInput instanceof HTMLInputElement&&(t&&(n.searchInput.value=t),n.searchInput.focus(),r&&n.searchInput.click())}))}},closeSearchOverlay=function(e){var n;null===(n=e.ybar)||void 0===n||n.classList.remove(“ybar-searchbox-assist-fullscreen”),document.documentElement.classList.remove(“ybar-overlay”),document.body.classList.remove(“ybar-overlay-noscroll”),e.searchInput instanceof HTMLInputElement&&(e.searchInput.value=””,e.searchInput.blur())},initMweb=function(e,n){“smartphone”===e.getConfig().device&&(e.addElementListener(n.searchBoxPlaceholder,”click”,(function(){openSearchOverlay(e,n)})),e.addElementListener(n.searchBoxPlaceholder,”keydown”,(function(t){var i=t,o=i.keyCode,r=i.key,s=range(65,90),a=__spreadArray(__spreadArray([],range(58,57),!0),range(96,105),!0),c=__spreadArray(__spreadArray([],s,!0),a,!0).includes(o);(32===o||13===o||c)&&(t.preventDefault(),t.stopPropagation(),openSearchOverlay(e,n,c?r:””))})),n.searchBoxBackButton&&(e.addElementListener(n.searchBoxBackButton,”click”,(function(e){e.stopPropagation(),closeSearchOverlay(n);beaconClick(“ybar”,”back-close-srch”,””,{elm:”btn”,subsec:”searchbox”,itc:”1″})})),e.addElementListener(n.searchInput,”keyup”,(function(e){e.stopPropagation();27===e.keyCode&&(e.stopPropagation(),closeSearchOverlay(n))}))),e.onDestroy((function(){closeSearchOverlay(n)})))},Tooltip=function(){function e(e,n,t){n&&(this.ybar=e,this.elem=n,this.options=t,this.show=this.show.bind(this),this.hide=this.hide.bind(this),this.addEventListeners())}return Object.defineProperty(e.prototype,”tooltip”,{get:function(){var e=this;return this.tooltipMarkup||(this.tooltipMarkup=this.createTooltip(),(this.options.tooltipParentElm||this.elem).appendChild(this.tooltipMarkup),this.ybar.onDestroy((function(){var n,t;null===(t=null===(n=e.tooltipMarkup)||void 0===n?void 0:n.parentNode)||void 0===t||t.removeChild(e.tooltipMarkup)}))),this.tooltipMarkup},enumerable:!1,configurable:!0}),e.prototype.show=function(){this.tooltip.classList.add(this.options.showClass)},e.prototype.hide=function(){this.tooltip.classList.remove(this.options.showClass)},e.prototype.addEventListeners=function(){this.ybar.addElementListener(this.elem,”mouseenter”,this.show),this.ybar.addElementListener(this.elem,”focus”,this.show),this.ybar.addElementListener(this.elem,”mouseleave”,this.hide),this.ybar.addElementListener(this.elem,”blur”,this.hide)},e.prototype.createTooltip=function(){var e=document.createElement(“div”);e.className=this.options.containerClass||””;var n=document.createElement(“p”);return n.textContent=this.options.label,n.className=this.options.textClass||””,e.appendChild(n),e},e}();createCommonjsModule((function(module){(function(){var __webpack_modules__={“./src/index.js”:
/*!**********************!*
!*** ./src/index.js ***!
**********************/function(__unused_webpack_module,__unused_webpack_exports,__webpack_require__){eval(“var I18n = __webpack_require__(/*! ./lib/I18n */ “./src/lib/I18n.js”);nn(function (win, doc) {n “use strict”;nn var defaultConfig = {n uiLang: ‘en-US’,n speechLang: ‘en-US’,n voiceButton: ‘#voice-btn’,n searchBox: {n form: ‘#sf’,n input: ‘#yschsp’,n params: {n fr: ”,n fr2: ”n }n },n enable_voice_trending: false,n trending: {n market: “en-us”n },n ui: {n speechOverlay: {n disableBlur: falsen }n },n browsers: {n edge: falsen }n };nn function VoiceSearch(config) {n var self = this;n self.config = Object.assign(defaultConfig, config || {});n self.i18n = new VoiceSearch.I18n({n lang: self.config.uiLangn });n self.renderPermissionGuide(self);n self.renderSpeechPanel(self);n self.speechResult = ”;n self.noSpeech = true;n self.isRecognitionStart = false;n self.recognition = null;n self.voiceButton = doc.querySelector(self.config.voiceButton);n self.searchBoxForm = doc.querySelector(self.config.searchBox.form);n self.searchBoxQuery = doc.querySelector(self.config.searchBox.input);n self.speechPanel = doc.querySelector(‘#spch’);n self.speechButtonContainer = doc.querySelector(‘#spchbc’);n self.speechButton = doc.querySelector(‘#spchbc-btn’);n self.speechText = doc.querySelector(‘#spcht’);n self.speechOverlay = doc.getElementById(‘spch-overlay’);n self.retryLink = doc.querySelector(‘#spcht-retry’);n self.trending = doc.getElementById(‘spch-trending’);n self.trendingTerms = doc.getElementById(‘trending-terms’);n self.termSpans = doc.getElementsByClassName(“trending-term”);n self.closeButton = doc.querySelector(‘#spchx’);n self.startAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-start-202105050733.wav’);n self.resultAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-result-202105050733.wav’);n self.errorAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-error-202105050733.wav’);n self.closeAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-close-202105050733.wav’);n self.permissionGuide = doc.querySelector(‘#spchp’);n self.permissionGuideClose = doc.querySelector(‘#spchpx’);n self.permissionGuideTimer = null;nn self.onEscKeyDown = function (e) {n if (e.code !== ‘Escape’) {n return;n }nn self.recognition.stop();n self.sendBeacon(‘keybrd’, ‘voicesearch_cancel_esc’); // The clean up should put inside closePanel() instead of here,n // or func won’t be cleaned up if user close panel with btn or overlaynn self.closePanel(self);n };nn if (self.isBrowserSupported()) {n var SpeechRecognition = win.SpeechRecognition || win.webkitSpeechRecognition;n var SpeechGrammarList = win.SpeechGrammarList || win.webkitSpeechGrammarList;n var speechGrammar = ‘#JSGF V1.0;’;n self.recognition = new SpeechRecognition();n var speechRecognitionList = new SpeechGrammarList();nn if (speechRecognitionList.addFromString) {n speechRecognitionList.addFromString(speechGrammar, 1);n }nn self.recognition.grammars = speechRecognitionList;n self.recognition.continuous = false;n self.recognition.lang = self.config.speechLang;n self.recognition.interimResults = false;n self.recognition.maxAlternatives = 1;n /* Listeners */nn if (self.voiceButton) {n self.voiceButton.onclick = function () {n self.recognition.start();nn if (self.permissionGuideTimer) {n win.clearTimeout(self.permissionGuideTimer);n }nn self.permissionGuideTimer = win.setTimeout(function () {n if (!self.isRecognitionStart) {n self.showPermissionGuide(self);n }n }, 300); // Also close when pressing escnn doc.addEventListener(‘keydown’, self.onEscKeyDown);n self.sendBeacon(‘clk’, ‘voicesearch’);n };n }nn if (self.speechButton) {n self.speechButton.onclick = function () {n if (!self.isRecognitionStart) {n self.recognition.start();n self.sendBeacon(‘clk’, ‘voicesearch_panel_mic_restart’);n } else {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_panel_mic_close’);n self.closePanel(self);n }n };n }nn if (self.retryLink) {n self.retryLink.onclick = function () {n if (!self.isRecognitionStart) {n self.recognition.start();n self.sendBeacon(‘clk’, ‘voicesearch_panel_retry’);n }n };n }nn if (self.speechOverlay) {n self.speechOverlay.onclick = function () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_cancel_outside’);n self.closePanel(self);n };n }nn if (self.closeButton) {n self.closeButton.onclick = functionn /*event*/n () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_cancel’);n self.closePanel(self);n };n }nn if (self.permissionGuideClose) {n self.permissionGuideClose.onclick = functionn /*event*/n () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_permission_close’);n self.closeAudio.play();n self.hidePermissionGuide(self);n };n }n /* Recognition Events */nnn self.recognition.onresult = function (event) {n // The SpeechRecognitionEvent results property returns a SpeechRecognitionResultList objectn // The SpeechRecognitionResultList object contains SpeechRecognitionResult objects.n // It has a getter so it can be accessed like an arrayn // The first [0] returns the SpeechRecognitionResult at the last position.n // Each SpeechRecognitionResult object contains SpeechRecognitionAlternative objects that contain individual results.n // These also have getters so they can be accessed like arrays.n // The second [0] returns the SpeechRecognitionAlternative at position 0.n // We then return the transcript property of the SpeechRecognitionAlternative objectn // console.log(‘Confidence: ‘ + event.results[0][0].confidence);n self.speechResult = event.results[0][0].transcript;n /* Punctuation Handling: Check last character and strip it if necessary */nn self.handlePunctuation(self);nn if (self.speechText) {n self.speechText.innerText = self.speechResult;n }nn if (self.searchBoxQuery) {n self.searchBoxQuery.value = self.speechResult;n }nn self.resultAudio.play();n win.setTimeout(function () {n if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb”);n self.speechPanel.classList.add(“s2tb-h”);n }nn self.hideRetryLink(self);nn if (self.searchBoxForm) {n var inputFr = self.searchBoxForm.querySelector(‘[name=fr]’);n var inputFr2 = self.searchBoxForm.querySelector(‘[name=fr2]’);nn if (inputFr && self.config.searchBox && self.config.searchBox.params && self.config.searchBox.params.fr) {n inputFr.value = config.searchBox.params.fr;n inputFr.disabled = false; // for homepage casen }nn if (inputFr2 && self.config.searchBox && self.config.searchBox.params && self.config.searchBox.params.fr2) {n inputFr2.value = config.searchBox.params.fr2;n inputFr2.disabled = false; // for homepage casen }nn self.searchBoxForm.submit();n }n }, 1000);n };nn self.recognition.onspeechstart = functionn /*event*/n () {// Fired when speech startsn };nn self.recognition.onspeechend = function () {n // Fired when speech endsn self.recognition.stop();n };nn self.recognition.onerror = functionn /*event*/n () {n // console.log(‘Error occurred in recognition: ‘ + event.error);n if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_error’);n }nn self.hideTrending(self);n self.showRetryLink(self);n self.errorAudio.play();n };nn self.recognition.onaudiostart = functionn /*event*/n () {n // Fired when the user agent has started to capture audio.n if (self.speechButtonContainer) {n self.speechButtonContainer.classList.add(“listening”);n }n };nn self.recognition.onaudioend = functionn /*event*/n () {n // Fired when the user agent has finished capturing audio.n if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“listening”);n }n };nn self.recognition.onsoundstart = functionn /*event*/n () {n // Fired when any sound — recognisable speech or not — has been detected.n self.hideTrending(self);n self.noSpeech = false;nn if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“listening”);n self.speechButtonContainer.classList.add(“speaking”);n }n };nn self.recognition.onsoundend = functionn /*event*/n () {n // Fired when no sound presentn if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“speaking”);n }n };nn self.recognition.onstart = functionn /*event*/n () {n // Fired when the speech recognition service has begun listeningn self.recognitionInit(self);n self.startRecognition(self);n };nn self.recognition.onend = functionn /*event*/n () {n // Fired when the speech recognition service has disconnected.n self.isRecognitionStart = false;nn if (self.noSpeech == false && self.speechResult == ”) {n // No match: Fired when the speech recognition can’t recognise speechn if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_nomatch’);n }nn self.hideTrending(self);n self.showRetryLink(self);n self.errorAudio.play();n }n }; // trigger onReady event when initializednnn if (document && document.dispatchEvent) {n document.dispatchEvent(new Event(‘VOICE_JS_READY’));n }n }n } // static membersnnn VoiceSearch.I18n = I18n; // instance membersnn VoiceSearch.prototype.renderPermissionGuide = function (self) {n var tmpl = “\n

\n \n
\n

\n \n

\n

\n

“.concat(self.i18n.t(‘search.voice.permission_title’), “

\n

“).concat(self.i18n.t(‘search.voice.permission_text’), “

\n

\n

\n

\n “);n var dom = new DOMParser().parseFromString(tmpl, ‘text/html’);n document.body.appendChild(dom.body.children[0]);n };nn VoiceSearch.prototype.renderSpeechPanel = function (self) {n var tmpl = “\n

\n \n \n
\n
\n

\n \n \n \n \n \n \n

\n

\n

\n \n \n “.concat(self.i18n.t(‘search.voice.recognition_retry’), “\n

\n

\n

\n

\n

\n

\n “).concat(self.i18n.t(‘search.voice.trending_title’), “\n \n

\n

\n

\n “);n var dom = new DOMParser().parseFromString(tmpl, ‘text/html’);nn if (self && self.config && self.config.ui && self.config.ui.speechOverlay && self.config.ui.speechOverlay.disableBlur) {n dom.body.children[0].classList.add(‘disable-blur-overlay’);n }nn document.body.appendChild(dom.body.children[0]);n };nn VoiceSearch.prototype.isBrowserSupported = function () {n var isSupported = false;n var self = this;n var isChromium = Boolean(window.chrome);n var isIOSChrome = /CriOS/.test(window.navigator.userAgent);n var isEdge = /Edg\//.test(window.navigator.userAgent);n var isLegacyEdge = /Edge\//.test(window.navigator.userAgent);n var isOpera = Boolean(window.opr);n var isBrave = Boolean(window.navigator.brave);n var browsers = [// chromen {n checkEnabled: function checkEnabled() {n return true;n },n checkBrowser: function checkBrowser() {n return isChromium && !isIOSChrome && !isEdge && !isOpera && !isBrave;n },n checkAPI: function checkAPI() {n return win && (‘SpeechRecognition’ in win || ‘webkitSpeechRecognition’ in win) && (‘SpeechGrammarList’ in win || ‘webkitSpeechGrammarList’ in win);n }n }, // edgen {n checkEnabled: function checkEnabled() {n return self && self.config && self.config.browsers && self.config.browsers.edge;n },n checkBrowser: function checkBrowser() {n return isChromium && isEdge && !isLegacyEdge;n },n checkAPI: function checkAPI() {n return win && (‘SpeechRecognition’ in win || ‘webkitSpeechRecognition’ in win) && (‘SpeechGrammarList’ in win || ‘webkitSpeechGrammarList’ in win);n }n }];nn for (var b = 0; b < browsers.length; b++) {n var browser = browsers[b];nn if (browser && browser.checkBrowser && browser.checkBrowser() && browser.checkEnabled && browser.checkEnabled(self) && browser.checkAPI && browser.checkAPI()) {n isSupported = true;n }n }nn return isSupported;n };nn VoiceSearch.prototype.recognitionInit = function (self) {n // Initialize flags for checking whether user is speaking or notn self.speechResult = ”;n self.noSpeech = true;n self.isRecognitionStart = true;n };nn VoiceSearch.prototype.showPermissionGuide = function (self) {n if (self.permissionGuide) {n self.permissionGuide.classList.remove(“hide”);n }n };nn VoiceSearch.prototype.hidePermissionGuide = function (self) {n if (self.permissionGuide) {n self.permissionGuide.classList.add(“hide”);n }n };nn VoiceSearch.prototype.getTrending = function (self) {n // Call api for trending termsn if (!self.config.enable_voice_trending || !self.trending) {n return;n }nn var url = “https://api.search.yahoo.com/data/v3/search?appid=4d234a9d&market=” + self.config.trending.market + “&features=trending.voice”;n self.ajaxReq(url, function (resBody) {n if (!resBody || !resBody.response || !resBody.response.search || !resBody.response.search.results || !resBody.response.search.results[“trending.voice”]) {n return;n }nn var terms = resBody.response.search.results[“trending.voice”].data;n self.showTrending(self, terms);n });n };nn VoiceSearch.prototype.showTrending = function (self, terms) {n // params checkn if (!Array.isArray(terms) || terms.length < 3) {n return;n } // DOM checknnn if (!self.trending || !self.termSpans || !self.termSpans[0]) {n return;n }nn var trendingLabel = ”;n trendingLabel += ‘”‘ + terms[0].text + ‘”‘ + ‘, ‘;n trendingLabel += ‘”‘ + terms[1].text + ‘”‘ + ‘ ‘;n trendingLabel += self.i18n.t(‘search.voice.trending_or’) + ‘ ‘;n trendingLabel += ‘”‘ + terms[2].text + ‘”‘;n self.termSpans[0].innerText = trendingLabel;n self.trending.classList.remove(“hide”);n };nn VoiceSearch.prototype.hideTrending = function (self) {n if (!self.trending) {n return;n }nn self.trending.classList.add(“hide”);n };nn VoiceSearch.prototype.showRetryLink = function (self) {n if (self.retryLink) {n self.retryLink.innerText = self.i18n.t(‘search.voice.recognition_retry’);n self.retryLink.classList.remove(“hide”);n }n };nn VoiceSearch.prototype.hideRetryLink = function (self) {n if (self.retryLink) {n self.retryLink.classList.add(“hide”);n }n };nn VoiceSearch.prototype.startRecognition = function (self) {n self.hidePermissionGuide(self);n self.getTrending(self);n self.startAudio.play();nn if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_start’);n win.setTimeout(function () {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_listening’);n }, 2000);n }nn if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb-h”);n self.speechPanel.classList.add(“s2tb”);n }nn self.hideRetryLink(self);n };nn VoiceSearch.prototype.closePanel = function (self) {n self.closeAudio.play();n win.setTimeout(function () {n if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb”);n self.speechPanel.classList.add(“s2tb-h”);n }nn self.hideTrending(self);n self.hideRetryLink(self); // clean up esc listenernn doc.removeEventListener(‘keydown’, self.onEscKeyDown);n }, 100);n };nn VoiceSearch.prototype.handlePunctuation = function (self) {n if (self.speechResult.length > 0) {n var lastChar = self.speechResult.charAt(self.speechResult.length – 1);nn if (lastChar === ‘.’ || lastChar === ‘?’ || lastChar === ‘。’ || lastChar === ‘?’) {n self.speechResult = self.speechResult.slice(0, -1);n }n }n };nn VoiceSearch.prototype.sendBeacon = function (actn, slk) {n var ULT = win.YAHOO.ULT || {},n SB = win.YAHOO.SB || {};nn if (ULT.beacon_click) {n var trackParams = {n _S: SB.config.i13n.spaceid,n _I: SB.config.i13n.pvid,n actn: actn,n sec: ‘search’,n slk: slkn };n win.YAHOO.ULT.beacon_click(trackParams);n }n };nn VoiceSearch.prototype.ajaxReq = function (url, callback) {n var DONE_STATE = XMLHttpRequest.DONE || 4; // for IE-compatibilitynn var xhr = new XMLHttpRequest();n var responseRaw;n var response; // CORS request only for IE8/IE9nn if (doc.documentMode && doc.documentMode < 10) {n var xdr = new win.XDomainRequest();nn xdr.onload = function () {n try {n response = JSON.parse(responseRaw);n callback(response);n } catch (err) {n return;n }n };nn xhr.open(‘GET’, url);n xhr.send();n return;n } // CORS request for browers newer than IE9nnn xhr.onreadystatechange = function () {n if (xhr.readyState !== DONE_STATE) {n return;n } // handle ajax responsennn switch (xhr.status) {n case 200:n responseRaw = xhr.responseText;nn try {n response = JSON.parse(responseRaw);n callback(response);n } catch (err) {n return;n }nn break;nn default:n // non-200 status code: retry or assume failuren callback(response);n break;n }n };nn xhr.open(‘GET’, url, true);n /* aync request */nn xhr.timeout = 10000;n xhr.send();n };nn if (!win.YAHOO) {n win.YAHOO = {};n }nn if (!win.YAHOO.Util) {n win.YAHOO.Util = {};n }nn win.YAHOO.Util.VoiceSearch = VoiceSearch;n})(window, document);nn//# sourceURL=webpack://@vzmi/voicejs/./src/index.js?”)},”./src/lib/I18n.js”:
/*!*************************!*
!*** ./src/lib/I18n.js ***!
*************************/function(module,__unused_webpack_exports,__webpack_require__){eval(“module.exports = function () {n var LANG_LIST = __webpack_require__(/*! ./lang_list.json */ “./src/lib/lang_list.json”);nn var DEFAULT_LANG = ‘default’;nn var isValidLang = function isValidLang(lang) {n return LANG_LIST.indexOf(lang) !== -1;n }; // convert language strings to key-value mapnnn var buildStrMap = function buildStrMap(langStrings) {n return langStrings.reduce(function (strMap, item) {n strMap[item.id] = item.defaultMessage;n return strMap;n }, {});n };nn var I18n = function I18n(options) {n // initializen this.lang = isValidLang(options && options.lang) ? options.lang : DEFAULT_LANG;n }; // static membersnnn I18n.langMap = {};n I18n.langMap[DEFAULT_LANG] = buildStrMap(__webpack_require__(/*! ../lang/strings.json */ “./src/lang/strings.json”));nn I18n.setLangMap = function (lang, strings) {n if (lang && strings) {n I18n.langMap[lang] = buildStrMap(strings);n }n }; // instance membersnnn I18n.prototype = {n t: function t(id) {n switch (true) {n // look up target languagen case Boolean(I18n.langMap && I18n.langMap[this.lang] && I18n.langMap[this.lang][id]):n return I18n.langMap[this.lang][id];n // fallback to default stringsnn case Boolean(I18n.langMap && I18n.langMap[DEFAULT_LANG] && I18n.langMap[DEFAULT_LANG][id]):n return I18n.langMap[DEFAULT_LANG][id];nn default:n return ”;n }n }n };n return I18n;n}();nn//# sourceURL=webpack://@vzmi/voicejs/./src/lib/I18n.js?”)},”./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js!./src/index.css”:
/*!*******************************************************************************************************!*
!*** ./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js!./src/index.css ***!
*******************************************************************************************************/function(module,__webpack_exports__,__webpack_require__){eval(‘__webpack_require__.r(__webpack_exports__);n/* harmony import */ var _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0__ = __webpack_require__(/*! ../node_modules/css-loader/dist/runtime/api.js */ “./node_modules/css-loader/dist/runtime/api.js”);n/* harmony import */ var _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0___default = /*#__PURE__*/__webpack_require__.n(_node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0__);n// Importsnnvar ___CSS_LOADER_EXPORT___ = _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0___default()(function(i){return i[1]});n// Modulen___CSS_LOADER_EXPORT___.push([module.id, “/* Sprites */\n#spchp.permission-guide .guide .microphone .sprite,\n#spchp .close-button,\n#spch .close-button,\n#spch .spchc .microphone,\n#spch .spchc .speaking .microphone {\n background-image: url(https://s.yimg.com/pv/static/img/voiceSearch1x-1620383531565.min.png);\n background-repeat: no-repeat;\n background-size: initial;\n color: transparent;\n}\n/* Retina displays */\n@media\n only screen and (-webkit-min-device-pixel-ratio: 2),\n only screen and (min-device-pixel-ratio: 2),\n only screen and (min-resolution: 192dpi),\n only screen and (min-resolution: 2dppx) {\n#spchp.permission-guide .guide .microphone .sprite,\n#spchp .close-button,\n#spch .close-button,\n#spch .spchc .microphone,\n#spch .spchc .speaking .microphone {\n background-size: 41px 330px;\n background-image: url(https://s.yimg.com/pv/static/img/voiceSearch2x-1620383531565.min.png)\n}\n }\n\n/* permission guide */\n#spchp.permission-guide {\n height: 100%;\n width: 100%;\n padding: 0;\n opacity: 0.9;\n background-color: #fff;\n left: 0;\n overflow: hidden;\n position: fixed;\n text-align: left;\n top: 0;\n z-index: 10000;\n transition: visibility 0s linear 0.218s, background-color 0.218s;\n}\n#spchp.permission-guide .close-button {\n background-position: 0 0;\n width: 24px;\n height: 24px;\n border: none;\n cursor: pointer;\n right: 0;\n margin: 20px;\n padding: 0;\n position: absolute;\n top: 0;\n z-index: 10;\n opacity: 0.8;\n }\n#spchp.permission-guide .close-button:hover {\n opacity: 1;\n }\n#spchp.permission-guide .guide {\n margin: 191px 0 0 507px;\n }\n#spchp.permission-guide .guide .microphone {\n height: 68px;\n width: 52px;\n border-right: 1px solid #232a31;\n float: left;\n }\n#spchp.permission-guide .guide .microphone .sprite {\n background-position: 0 -105px;\n width: 28px;\n height: 28px;\n }\n#spchp.permission-guide .guide .guide-text {\n height: 68px;\n margin-left: 24px;\n float: left;\n }\n#spchp.permission-guide .guide .guide-text .title {\n color: #232a31;\n font-size: 32px;\n font-family: HelveticaNeue-Bold;\n line-height: 28px;\n margin-bottom: 16px;\n }\n#spchp.permission-guide .guide .guide-text .text {\n color: #232a31;\n font-size: 16px;\n line-height: 28px;\n }\n#spchp.permission-guide.hide {\n display: none;\n }\n\n/* speech panel */\n#spch.spch {\n background: #fff;\n height: 100%;\n left: 0;\n opacity: 0;\n overflow: hidden;\n position: fixed;\n text-align: left;\n top: 0;\n visibility: hidden;\n width: 100%;\n z-index: 10000;\n transition: visibility 0s linear 0.218s, background-color 0.218s;\n}\n#spch.spch .close-button {\n background-position: 0 0;\n width: 24px;\n height: 24px;\n border: none;\n cursor: pointer;\n right: 0;\n margin: 20px;\n padding: 0;\n position: absolute;\n top: 0;\n z-index: 10;\n opacity: 0.8;\n }\n#spch.spch .close-button:hover {\n opacity: 1;\n }\n#spch.spch .spchc {\n display: block;\n height: 97px;\n pointer-events: none;\n }\n#spch.spch .spchc .inner-container {\n width: 100%;\n height: 100%;\n opacity: 0.1;\n pointer-events: none;\n transition: opacity 0.318s ease-in;\n }\n#spch.spch .spchc .inner-container .spch-control {\n display: inline-block;\n }\n#spch.spch .spchc .inner-container .text-container {\n float: left;\n height: 91px;\n overflow: hidden;\n margin: 3px 0;\n pointer-events: none;\n width: calc(50% – 48.5px);\n }\n#spch.spch .spchc .inner-container .text-container p {\n display: table-cell;\n vertical-align: middle;\n width: 550px;\n height: 97px;\n }\n#spch.spch .spchc .inner-container .text-container .spcht {\n font-weight: normal;\n color: #6e7780;\n line-height: normal;\n opacity: 0;\n pointer-events: none;\n text-align: left;\n -webkit-font-smoothing: antialiased;\n transition: opacity 0.1s ease-in, margin-left 0.5s ease-in, top 0s linear 0.218s;\n }\n#spch.spch .spchc .inner-container .text-container .spcht.hide {\n display: none;\n }\n#spch.spch .spchc .inner-container .text-container #spcht-retry {\n color: #0f69ff;\n cursor: pointer;\n pointer-events: auto;\n }\n#spch.spch .spchc .inner-container .button-container {\n pointer-events: none;\n position: relative;\n transition: transform 0.218s, opacity 0.218s ease-in;\n }\n#spch.spch .spchc .inner-container .button-container .button {\n background-color: #fff;\n border: 1px solid #eee;\n border-radius: 100%;\n bottom: 0;\n box-shadow: 0 2px 5px rgba(0, 0, 0, 0.1);\n cursor: pointer;\n display: inline-block;\n left: 0;\n opacity: 0;\n pointer-events: none;\n position: absolute;\n right: 0;\n top: 0;\n transition: background-color 0.218s, border 0.218s, box-shadow 0.218s;\n }\n#spch.spch .spchc .inner-container .button-container .button .microphone {\n background-position: 0 -24px;\n width: 41px;\n height: 41px;\n left: 27px;\n pointer-events: none;\n position: absolute;\n top: 27px;\n transform: scale(1);\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple {\n position: absolute;\n width: 136px;\n height: 136px;\n z-index: -1;\n left: 50%;\n top: 50%;\n opacity: 0;\n margin: -70px 0 0 -70px;\n border-radius: 100px;\n -webkit-animation: ripple 3.3s infinite;\n animation: ripple 3.3s 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The first half of 2022 was dominated by high inflation and the Federal Reserve’s shift to an monetary tightening policy in response. The second half will find those same factors still pushing on stocks – but they’ll be joined by earnings pressure, in the view of Morgan Stanley equity strategist Mike Wilson.

“Indicators suggest margin pressure and earnings growth risk ahead. This view is confirmed by our leading earnings model, which projects a steep fall in EPS growth over the next several months. A key input to this model is the ISM manufacturing PMI, and leading regional Fed manufacturing surveys point to continued downside in the ISM PMI,” Wilson explained.

Wilson’s comments take added meaning in the wake of last week’s Jackson Hole symposium, during which Federal Reserve Chairman Jerome Powell said flat-out that inflation is going to get worse before it gets better – and that the Fed’s policy of monetary tightening will cause further pain.

The upshot is, it’s time to play defense on the stock portfolio. The analysts at Morgan Stanley know this, and they’ve been tagging the classic defensive stocks: dividend payers, with yields high enough to offer some protection against inflation. We’ve pulled the details on two of these Morgan Stanley picks from the TipRanks database; here they are, presented along with the analyst commentary.

Simon Property Group (SPG)

We’ll start by checking out a real estate investment trust, or REIT; these companies have long been leaders among high-yield dividend payers. Simon Property Group is a commercial REIT, focused on retail properties. Simon’s portfolio is heavily weighted toward shopping malls, with 95 such properties. The company also owns 29 premium outlets, and 33 international properties. In addition, Simon owns an 80% stake in the Taubman Group, which is itself a large-scale property owner on the international scene.

Simon’s quarterly revenues showed steady gains ‘after COVID’ and into 1H21. Since 3Q21, the company’s quarterly revenues have averaged $1.3 billion. The current top line, from 2Q22, came in at $1.28 billion. Net income was reported at $496.7 million for the quarter, with a diluted EPS of $1.51 per share. Income was down from the year-ago quarter, when it was reported at $1.88 per diluted share.

A key metric in evaluating a REIT is ‘funds from operations,’ or FFO, as this is usually used to fund the dividend. Simon’s FFO in 2Q22 was listed as $1.09 billion, or $2.91 per diluted share. While down from the year-ago quarter’s $3.24 per diluted share, it was still more than enough to cover the dividend, which was declared on August 1 for $1.75 per common share. The dividend is scheduled for payment this coming September 30. At the current rate, the dividend annualizes to $7 per share, and yields a high 6.8%.

Morgan Stanley analyst Ronald Kamden believes that Simon is well-positioned for gains in tough environment, writing: “We have higher conviction in our thesis that cash flows will be more resilient than anticipated following the pull forward of store closures during COVID. We expect SPG to prove to be along term winner from the shake-up in retail given its strong balance sheet (mid5s debt to EBITDA) and ability to self-fund (re)development costs with FCF generation.”

“Three factors differentiate SPGs portfolio: 1) malls contributed only ~48% of total NOI and the rest of the portfolio is diversified across premium outlets and other retail types, 2) after a 30-35% rationalization in the mall landscape, we estimate only a ~5% hit to total NOI and 3) greater negotiating leverage with tenants post the acquisition of TCO’s higher quality malls which increase their ownership of the most dominant malls in the US from ~30 to ~50,” the analyst added.

To this end, Kamden gives the stock an Overweight (i.e. Buy) rating, and his $131 price target suggests ~27% upside over the next year. (To watch Kamden’s track record, click here)

Overall, this stock has earned a Moderate Buy rating from the Street, based on 13 recent analyst reviews that break down to 5 Buys and 8 Holds. The shares are selling for $103.66 and their $121.85 average price target indicates room for ~18% upside this year. (See SPG stock forecast on TipRanks)

Blackstone Group (BX)

Now let’s shift over and look at Blackstone Group. This an easily recognized name in the financial world; Blackstone is one of the world’s largest alternative investment companies, with its hands in multiple investment areas, including $80 billion in hedge funds, $265 billion in credit and insurance, $276 billion in private equity, and $320 billion real estate. Blackstone operates globally, and holds over $941 billion in total assets under management.

This portfolio generated $7.5 billion in net accrued performance revenues for Blackstone in 2Q22, or $6.18 per share, up 11% from the year-ago quarter. The company also reported a 45% year-over-year gain in free related earnings, to $1 billion, and an impressive 86% y/y gain in distributable earnings, which reached $2 billion in the quarter.

That last is important for return-minded investors, as it funds the dividend. Blackstone paid out its last common share dividend on August 8, at $1.27 per share – fully covered by the $1.49 per share in distributable earnings – and repurchased 1.9 million shares during the second quarter. In all, between Q2 dividends and share repurchases, Blackstone returned some $1.9 billion to its shareholders in the quarter. The $1.27 dividend annualizes to $5.08 per common share, and yields a respectable 5.3%.

Analyst Michael Cyprys, in his coverage for Morgan Stanley, writes of Blackstone: “Prefer diversified, high quality BX as a core holding in Alts for investors looking for exposure to the group… We see a best-in-class franchise, brand, unrivalled product capabilities/breadth and retail TAM expander that’s set to transform the earnings profile to 75% FRE by 2026e from current ~50%. We see BX as a long-term winner with upcoming fundraising super-cycle catalyst, while fee-related performance fees can hold up better than market fears.”

Putting his stance into quantifiable numbers, Cyprys gives the stock a price target of $125, suggesting a 31% one-year upside potential, along with an Overweight (i.e. Buy) rating. (To watch Cyprys’ track record, click here)

All in all, with 8 recent Buy reviews on record, and 4 Holds, Blackstone gets a Moderate Buy from the analyst consensus. The stock is selling for $94.57, and its average price target of $124.27 implies ~31% upside for the year ahead. (See BX stock forecast on TipRanks)

To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

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Forkast News

Markets: Bitcoin, Ether, Cardano slip; remnants of Terra – USTC and LUNC – jump

Bitcoin slid back down under the US$20,000 mark late afternoon in Asia, with the rest of the top 10 tokens by market capitalization turning lower. Terra’s fallen cryptocurrency surged, likely due to LUNA Classic’s recent network upgrade. See related article: Markets: Bitcoin edges up; U.S. stocks, bonds post worst returns in 5 decades Fast facts […]

TipRanks

Down More Than 50%: These 3 ‘Strong Buy’ Stocks Are Flirting With a Bottom

Investor concerns have yet to abate, with worries given some added impetus last week when Fed Chair Jerome Powell said bluntly that the central bank is not done raising interest rates – and that the next couple of years are going to hurt. In one way, this is good news, as it signals clearly that the central bank will concentrate on combatting the high inflation that is weighing down the economy, but it also dramatically increases the risk that the Fed’s moves will spark a recession. The immediat

Bloomberg

The Market Is Underestimating Fed Risk Even After Rout, Bank of America Says

(Bloomberg) — A late-summer lull is nowhere to be seen in the stock market, with traders recalibrating their expectations after a blunt warning from the Federal Reserve chief in Jackson Hole. Most likely, they have a long ways to go. Most Read from BloombergTrump Documents Bear Hallmarks of Closest-Held US SecretsJapan to Allow Non-Guided Group Tours From SeptemberJeremy Grantham Warns ‘Super Bubble’ in Stocks Has Yet to BurstPowell Abandons Soft Landing Goal as He Seeks Growth RecessionTrump R

TipRanks

Analysts Pound the Table on These 3 ‘Strong Buy’ Stocks; See Over 70% Upside Potential

What are we to make of the financial markets right now? The currents have been pushing and pulling every which way, making it difficult to chart a course toward investment profits. Inflation remains stubbornly high and the Federal Reserve is moving quickly to raise interest rates and tighten monetary policy in response; all of that tends to push down on the markets, by weakening the dollar and making credit more expensive. Despite the ongoing economic turbulence, Oppenheimer’s chief investment s

Best Life

Applebee’s, Chipotle, and Red Lobster Are Under Fire for Doing This to Customers

Chain restaurants offer a familiar dining experience no matter which location you go to, from the menu items to the décor. And if you prefer to eat at home, there’s always takeout, with food delivery apps like DoorDash and Uber Eats making it extra simple to place an order from your favorite spot. But now, Applebee’s, Chipotle, Red Lobster, and other popular chains have come under fire for one aspect of their ordering process, which customers allege violates state law. Read on to find out why th

Investor’s Business Daily

Eight Stocks Turned $10,000 Into $95,509 In 8 Months

Making money in the S&P 500 got tougher again in August. But not impossible. All told, had you invested $10,000 in January and reinvested your money into the top stock currently in the S&P 500 each month this year, including Constellation Energy in August, you’d have $95,509 now, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.

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