In this article BRK.A BTC.CM= Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin. He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it’s not a productive asset and it doesn’t produce anything tangible. Despite
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These undervalued stocks have solid long-term prospects and can beat the market in the next month. Beyond Meat (BYND): Diversifying into the plant-based chicken segment to meet growing demand for meat substitutes. Innovative Industrial Properties (IIPR): This REIT offers an alternative route to participating in the cannabis sector. Salesforce (CRM): The cloud-based software company made
Ford Motor (F) stock fell on earnings that looked good under the hood. To become a tech stock, Ford must go to war against itself. Dividend investors are still the biggest winners in F stock. Source: D K Grove / Shutterstock.com Ford Motor (NYSE:F) bulls tried to make it a tech stock last year. They
Trading in the direction of a strong trend reduces risk and increases profit potential. The average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator. After all, the trend may be your friend, but it sure helps to know who your friends
Business travel stocks can’t get enough momentum as travel remains depressed compared to pre-pandemic levels. American Express (AXP): Arguably the company most associated with business travel. Booking Holdings (BKNG): The industry leader when it comes to travel booking websites. Choice Hotels (CHH): Dominant when it comes to mid-level and economy hotel properties in the U.S. Source:
The earnings train steams along. After a week of largely positive quarterly results from leading technology companies, the focus in the coming days turns to leading blue-chip companies, many of which are household names. Over the next week, we will hear from several top tier prescription drug makers, travel companies, technology companies, and food and
In this article JNPR V GOOGL MSFT SNAP A man walks past the brand logo of Alphabet Inc’s Google outside its office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Earnings season can bring heightened volatility to the markets, and this time it’s showing no sign of slowing down. In tumultuous times like
In this article HOOD BA MSFT ENPH Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines in midday trading. Enphase Energy — Shares jumped more than 8% after Enphase topped earnings expectations on the top and bottom lines. The energy company reported record
Manufacturing stocks are solid investment havens as tech stocks flail about. Encore Wire (WIRE): produces copper wire and cable, which is fundamental to many industries from telecom to housing to infrastructure. Cornerstone Building Brands (CNR): is an exterior building supply manufacturer that sells to both commercial and residential sectors. Carlisle Cos (CSL): has been making
United Parcel Service (UPS) beat estimates in the first quarter and the stock price went down. UPS is now the best competitor to Amazon fulfillment, with a solid operation and stable culture. UPS stock offers investors an affordable dividend with a great yield. Source: Sundry Photography / Shutterstock Right now, United Parcel Service (NYSE:UPS) is one
Generac Holdings (NYSE:GNRC), a designer, manufacturer, and seller of power generation equipment, and energy storage systems for home and industrial applications will announce its first quarter 2022 financial results on May 4. Is GNRC stock a buy ahead of earnings? I would say no. The company had a very strong financial performance in fourth quarter
Costco (NASDAQ:COST) is an incredible retail machine. COST stock keeps on going up and up; it has nearly doubled since the beginning of 2020 and it’s up more than 200% over the past five years. This has started to attract some naysayers who say that Costco should be selling off like so many other companies that
In this article BRK.A Warren Buffett on Saturday said Berkshire Hathaway has been increasing its stake in Activision Blizzard in a merger arbitrage play, betting that Microsoft’s proposed acquisition of the video game company will close. Berkshire now owns about 9.5% of Activision shares, Buffett said at the company’s annual shareholder meeting. “Occasionally I’ll see
In this article FB TDOC LUV MCD CAT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines in midday trading. Meta Platforms — Shares of the company formerly known as Facebook surged 17% after reporting mixed first-quarter results. The company posted a beat in earnings but a disappointing revenue miss. It also
Value investing has suddenly become in vogue amidst the current turmoil in the markets. Investors have been dumping high-growth stocks in droves. Even long-time favorites have seen declines of 10% or more. It is in this environment that AT&T’s (NYSE:T) stock starts to look attractive. For the longest time, I have considered T stock to
Technical indicators are used by traders to gain insight into the supply and demand of securities and market psychology. Together, these indicators form the basis of technical analysis. Metrics, such as trading volume, provide clues as to whether a price move will continue. In this way, indicators can be used to generate buy and sell signals. In this
Not surprisingly, AMC Entertainment (NYSE:AMC) stock is on another losing streak. And even if the company’s next earnings report shows some improvement, I’m staying away from this struggling movie theater stock. AMC stock is down more than 45% just in the last month, falling close to $15 per share. That’s still better than where it
If the backdrop of electric vehicle (EV) focused shell company Gores Guggenheim (NASDAQ:GGPI) only featured soaring gasoline prices with all other factors being normal (as in pre-pandemic normal), then GGPI stock may very well be a buy. Who wouldn’t want to make the transition to EVs, especially in car crazy California, where the average per-gallon
In this article BRK.A Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: investment banks and brokerages. “Wall Street makes money, one
In this article VRSN AMZN MHK ABBV CL TSLA A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Amazon — Shares of the e-commerce company slumped 13% after issuing