AMP

Tariff Announcement Impact: Investors are anxious about the upcoming tariff announcement by President Trump, which could significantly affect global trade, corporate earnings, and financial markets, with uncertainty surrounding the specifics of the tariffs leading to heightened market volatility.

Market Reactions and Predictions: The potential for sharp movements in various markets, including stocks and currencies, is anticipated as analysts warn that a lack of clarity in the tariff details could lead to negative reactions from investors, emphasizing the need for diversification amid economic uncertainty.

AMP Stock Performance: AMP's stock has a 52-week low of $385.74 and a high of $582.05, with the last trade recorded at $493.83.

Source of Information: The data regarding AMP's performance was sourced from Technical Analysis Channel.com, and the opinions expressed are those of the author, not necessarily reflecting Nasdaq, Inc.

Protests in Gaza: Thousands of Gazans protested against Hamas, chanting “Hamas out,” indicating a decline in support for the group as the ongoing war affects its appeal.

Lawsuit Against Columbia University: A lawsuit claims that leaders of pro-Palestinian protests at Columbia University act as a "propaganda arm" for Hamas, highlighting the group's strategy of leveraging such protests for their agenda.

Recognition of Financial Advisors: Ameriprise Financial announced that 73 of its financial advisors were included in Barron's "Top 1,200 Financial Advisors" list for 2025, highlighting their professionalism and community impact.

Commitment to Client Experience: The firm emphasizes its dedication to supporting advisors with resources and technology to enhance client relationships and deliver exceptional service.

Earnings Reports Overview: Several companies, including Belite Bio, Harrow, and Open Lending Corporation, are set to report their earnings for the quarter ending December 31, 2024, with varying forecasts and past performance comparisons.

Performance Trends: Most companies reported losses in the previous year, with some showing significant decreases in earnings per share, while a few, like Belite Bio and DiaMedica Therapeutics, demonstrated improvements compared to last year's results.

Company Overview: Ameriprise Financial, Inc., a large-cap financial services firm with a market cap of $46.7 billion, provides a range of financial products and services through various segments and has a network of around 10,000 financial advisors.

Stock Performance: Despite a recent 16.5% decline from its all-time high, Ameriprise's stock has shown long-term gains of 10.3% over six months and 17.4% over the past year, although it underperformed compared to peers like Raymond James Financial.

Credit Rating Announcement: AM Best has assigned a Long-Term Issue Credit Rating of "a-" (Excellent) to Ameriprise Financial's $750 million senior unsecured notes, with a stable outlook.

Use of Proceeds: The funds from the debt issuance will be used for general corporate purposes, including repaying existing debt, while maintaining financial leverage and interest coverage ratios within rating guidelines.

Financial Sector Performance: The financial sector is underperforming with a 1.8% loss, led by KKR & CO Inc and Ameriprise Financial Inc, which are down 6.8% and 5.5%, respectively. The Financial Select Sector SPDR ETF is also down 2.7% for the day but up 4.15% year-to-date.

Consumer Products Sector Performance: The consumer products sector shows a 1.2% loss, with Royal Caribbean Group and Ralph Lauren Corp experiencing losses of 5.9% and 3.2%. The iShares U.S. Consumer Goods ETF is down 0.7% on the day but up 8.17% year-to-date.

IWP Share Price Analysis: IWP's share price is currently at $123.09, with a 52-week low of $101.12 and a high of $139.68, indicating potential for technical analysis using the 200-day moving average.

ETFs Trading Dynamics: ETFs function like stocks but involve trading "units" that can be created or destroyed based on investor demand, impacting the underlying holdings significantly during notable inflows or outflows.

Appointment Announcement: Ameriprise Financial has appointed Ms. Glynis A. Bryan to its board of directors, effective March 1, 2025, bringing extensive experience in finance and corporate governance.

Background and Expertise: Ms. Bryan previously served as CFO at Insight Enterprises and has held senior finance roles at various companies; she is expected to contribute significantly to Ameriprise's strategic initiatives.

Stock Splits and Market Performance: Analysts argue that stock splits do not change the fundamental value of a company, as earnings are also divided; however, stocks tend to outperform after a split announcement.

Return Comparison: Research from Bank of America indicates that stocks that undergo splits yield an average return of 25% one year later, significantly higher than the 12% return of the S&P 500.

Recognition of Advisors: Ameriprise Financial announced that 186 of its financial advisors were named to Forbes' "Top Women Wealth Advisors Best-In-State" list, highlighting their professionalism, community involvement, and client impact.

Commitment to Excellence: The company emphasizes its dedication to providing exceptional client experiences and supporting leading advisors through innovative capabilities and recruitment efforts.

Recognition of Financial Advisors: Ameriprise Financial announced that 186 of its financial advisors were named to Forbes' "Top Women Wealth Advisors Best-In-State" list, highlighting their professionalism, community involvement, and client impact.

Commitment to Client Experience: Executives at Ameriprise expressed pride in the recognition and emphasized their ongoing investment in innovative capabilities to support leading advisors in delivering exceptional financial advice to clients.

Financial Advisor Transition: Jeff Impey, a financial advisor with over 18 years of experience, has joined Ameriprise Financial from LPL Financial, bringing $130 million in assets and aiming to enhance personalized client service through the firm's extensive resources.

Client Enthusiasm and Growth: Impey's clients are excited about the transition to Ameriprise, which has seen over 400 advisors move their practices in 2024 alone, highlighting the firm's appeal and commitment to supporting financial advisors.

Jeff Impey's Transition to Ameriprise: Financial advisor Jeff Impey has joined Ameriprise Financial from LPL Financial, bringing $130 million in assets and expressing enthusiasm for the firm's client-focused resources and support that enhance personalized service.

Growth of Ameriprise Financial: Ameriprise continues to attract experienced financial advisors, with over 400 advisors moving to the firm in 2024 alone, supported by its Ultimate Advisor Partnership which fosters growth and strengthens client relationships.

Insider Trading Activity: William F Truscott, CEO of $AMP, sold 6,000 shares for approximately $3.24 million, representing 30% of his holdings, while insiders have conducted 11 sales and no purchases in the past six months.

Institutional Investor Movements: In the last quarter, 540 institutional investors increased their positions in $AMP stock, while 555 decreased theirs; members of Congress made one purchase with no sales during the same period.

Advisor Transition: Ronnie Sansom, a financial advisor with $110 million in assets, has transitioned from Edward Jones to Ameriprise Financial, citing the firm's commitment to comprehensive financial planning and strong onboarding support as key reasons for his move.

Ameriprise Growth: Ameriprise Financial continues to attract experienced advisors, with around 1,700 joining in the past five years, supported by their Ultimate Advisor Partnership which enhances growth and client relationships.

Ameriprise Price Target Update: Keefe Bruyette raised the price target for Ameriprise (AMP) to $570 from $560 while maintaining a Market Perform rating, following an EPS beat and improved growth in Advice & Wealth Management despite weaker earnings and margins in AWM.

Investment Insights Tool: TipRanks offers a Smart Score tool to help investors identify top-performing stocks and compare their picks with recommendations from leading Wall Street analysts.

Analyst Ratings: Suneet Kamath from Jefferies maintains a Buy rating on Ameriprise Financial (AMP) with a price target of $642.00, while KBW has a Hold rating and CFRA also issued a Buy recommendation recently.

Insider Activity: There is negative sentiment among corporate insiders regarding AMP, as evidenced by an increase in share sales, including a significant sale by CEO James Cracchiolo.

Market Performance: Wall Street is experiencing a cautious atmosphere with major indexes remaining flat as investors react to mixed earnings reports from tech giants like Microsoft and Meta, alongside disappointing U.S. economic growth data for Q4 2024.

Stock Movements: Significant stock movements include Microsoft's drop of over 6% due to underwhelming cloud growth, UPS's 15% plunge after announcing reduced package volume for Amazon, and Tesla's 4.4% rise following positive quarterly earnings.