Berkshire Hathaway’s (NYSE:BRK.A, NYSE:BRK.B) second-quarter 13F report says all you need to know about Occidental Petroleum (NYSE:OXY) and OXY stock. Source: Pavel Kapysh / Shutterstock.com You shouldn’t own it. It’s that simple. After Warren Buffett threw in the towel on OXY stock, the average investor has no business jumping into this quagmire of a stock.
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HSBC Global Asset Management and climate change advisory and investment firm Pollination Group are teaming up to launch a series of billion-dollar funds that will target “natural capital.” The new venture, which is the largest of its kind, will be called HSBC Pollination Climate Asset Management. The funds will target institutional investors including pension funds
People outside at an Urban Outfitters store in New York City. Getty Images Check out the companies making headlines in midday trading. Salesforce —Shares of the software company surged 27% following its blowout earnings. The soon-to-be Dow member reported earnings per share of $1.44, topping estimates by 77 cents, according to Refinitiv. Revenue came in at $5.15
Even with the novel coronavirus taking a major toll on the economy, some businesses are weathering the financial storm. Costco (NASDAQ:COST) is an excellent example of this, as consumers continue to flock to the discount retailer for essential items. As a result, the Costco stock price has maintained a steady upward trajectory in recent months.
It was a choppy day on Wall Street, as investors find their footing with the S&P 500 still at new highs. With that in mind, here’s a look at a few top stock trades as we approach mid-week. Top Stock Trades for Tomorrow No. 1: Microsoft (MSFT) Microsoft (NASDAQ:MSFT) continues to bubble higher, but has
The rally on Wall Street would not be derailed for long even if there were another spike in coronavirus cases this fall, Wharton School professor Jeremy Siegel told CNBC on Tuesday. “It’s not going to be a serious correction, not anywhere again down near those March lows. A little pause if we get that wave, but I
Salesforce cofounder and co-CEO Marc Benioff speaks during the grand opening of the Salesforce Tower, the tallest building in San Francisco, Calif., Tuesday, May 22, 2018. Karl Mondon | Bay Area News Group | Getty Images Check out the companies making headlines after the bell: Salesforce — Shares of the software company surged more than 11%
SoFi personal loan rates can be competitive for borrowers with good to excellent credit. On top of its potentially low rates, the lender also charges no fees and well-qualified applicants may be able to borrow up to $100,000. Investopedia is committed to providing our readers with unbiased product recommendations. We may receive compensation when you
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Peter Thiel is an American venture capitalist, author, and entrepreneur with a net worth of $2.6 billion, according to Forbes. In 2014, he was included in the Forbes Midas List at No. 4. In 2017, he was featured on the Forbes 400 list. Thiel co-founded PayPal
It seems that every week or so, another pharmaceutical company announces a breathtaking, breathless breakthrough on the way to perfecting a vaccine for the novel coronavirus. And those who’ve monitored Inovio (NASDAQ:INO) stock know how crowded the field is: At least 15 companies are vying to cross the finish line first. It’s enough to conjure
Satellite antenna builder Kymeta announced Tuesday that it closed a significant new round of fundraising led by Bill Gates, as the start-up looks to increase manufacturing and sales of its mobile communications product. “At the end of the day, the problem that our customers want to solve is highly reliable broadband service,” Kymeta executive chairman
A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Medtronic — Shares of the medical device company rose 3.5% after Medtronic beat Wall Street expectations for its fiscal first quarter. The company’s adjusted earnings per share of 62 cents was 43 cents higher
Shares of Ford (NYSE:F) are a lot like sugar cookies. They aren’t expensive and hey, it’s a long time until dinner. Meanwhile, there’s little nutritional value and the blast of sugar isn’t healthy. F stock, these days, is more like a cheap cookie without the sweet taste. That may be OK if you’re seeking a
People walking along Wall Street in the Financial District of Manhattan on September 03, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines after hours Monday: Standex International — Shares of the industrial mold manufacturing company rose 0.2% on the back of better-than-expected results
The first step in setting long-term goals is to determine how much you spend on short-term expenses. Once you know how much money you need for the here-and-now, you can assess how much you can put into investing for your future. Regular monthly expenses such as cable and cellphone bills are easy. But don’t overlook
Rising investor interest in coronavirus related stocks will benefit these ETFs.
There are 65 so-called “dividend aristocrats,” which is the name given to companies that have managed to increase their dividends for 25 consecutive years. But how would an investor choose the best dividend aristocrats for their portfolio? After all, dividend aristocrats are established companies that are members of the S&P 500 index. That means they’re
By any conventional measure Amazon (NASDAQ:AMZN) is overvalued. With a market cap of $1.66 trillion, AMZN stock is being valued at over four times its potential 2020 revenue of $400 billion. That’s based on its second quarter sales of $101 billion. Source: Jonathan Weiss / Shutterstock.com It’s not unusual to value a tech company at 10
The S&P 500 gapped up and held most of its gains throughout Monday’s session. The move comes on positive potential developments around the novel coronavirus. With that in mind, let’s look at a few top stock trades for Tuesday. Top Stock Trades for Tomorrow No. 1: Advanced Micro Devices (AMD) Advanced Micro Devices (NASDAQ:AMD) continues
Tesla’s rapid run higher, which has seen the shares gain nearly 400% this year, has left one notable investor confused. “I really can’t explain Tesla,” Joel Greenblatt, co-CIO at Gotham Asset Management, said Monday on CNBC’s “Squawk Box.” “I think there’s a lot of speculation in the market and I think some of it’s there. I