Jeffrey Ubben, CEO of ValueAct Capital Partners Ann Johansson | Corbis | Getty Images On paper, this trade has already been a home run for Jeff Ubben and ValueAct, turning $154 million of its investors’ money into $1.46 billion in possibly the best example so far in the new stakeholder era that mitigating issues associated
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A view of people passing by New York Stock Exchange in Wall Street amid Coronavirus Pandemic on April 5, 2020. John Nacion | NurPhoto | Getty Images Stocks could face turbulence and limited gains in the second half of the year, as the Covid-19 pandemic continues to set the course for markets and the economy.
Canopy Growth (NYSE:CGC) and some of its marijuana equity peers are in the midst of a mini-resurgence. CGC stock is higher by almost 33% in the current quarter. As impressive as that move is, Canopy would need to roughly quadruple to get back to its 2018 high. Source: Shutterstock Over the near-term, asking Canopy or
Those who follow me know that I am long-term bullish on the cannabis space. But that does not mean I am bullish on every stock in the industry, like Tilray (NASDAQ:TLRY). While TLRY stock has done a great job bouncing off the 2020 lows, that alone does not mean it’s a buy. Source: Jarretera /
Getty Images Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans. Balance transfer offers, which typically entice borrowers to move their debt to a new lender in exchange for a temporary 0% interest rate, have been sharply reduced at banks
People walk by a Nike store in New York. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Nike — The sportswear maker slid more than 5% after the company reported a surprise loss for the fourth quarter as sales slumped 38% year-over-year. Nike lost 51 cents per share, compared with
The stock market rally after the novel coronavirus selloff has been stellar. Besides expansionary monetary policies, strong fundamentals have triggered the rally for several stocks and industries. And in particular, tech stocks have been on fire. In fact, it’s the big names in the technology sector that have continued to deliver strong numbers. Innovation-driven business
Shares of hybrid truck design and manufacturing company Nikola (NASDAQ:NKLA) have settled somewhat after going on a massive bull run fueled by short-term speculation after a reverse merger with VectoIQ. Nikola stock shot up 86% to reach a record high of $93.99 per share, but shares have cratered since then. Although it’s down by a fair
Most new businesses start out as sole proprietorships. This is the simplest form of ownership for a sole owner and requires little more than a tax ID number. However, when there are concerns over taxation or liability issues, or when the business has multiple owners, other organization types should be considered. Which organization type is
Learn more about Preston’s Intrinsic Value Course that teaches you step-by-step how to calculate the intrinsic value of a stock in 18 exclusive videos: https://www.theinvestorspodcast.com/product/intrinsic-value-course/ Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: Use the intrinsic Value Calculator at: http://www.buffettsbooks.com/intelligent-investor/stocks/intrinsic-value-calculator.html
The VIX is known as the fear index because it is based on the amount of puts that are purchased. Why? -The more puts that are purchased on the SP500, the higher the VIX -When puts are high that means people are buying protection -They think the market is going down High v. Low VIX
Kevin Matras goes over a unique way to show why buying more time on options is usually the better value.
CNBC’s Jim Cramer said Thursday he’s grown worried about the stock market’s ability to continue its robust rally from the coronavirus-driven bottom. “I’m feeling uncertain here after a very big run, fourth quarter 1999-like,” Cramer said on “Squawk Box,” a reference to the run-up in equity prices that preceded the 2000 dot-com bubble bust. Cramer’s comments came after
People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | Getty Images The second half of 2020 is nearly here, and now it’s up to the economy to prove that the stock market was right about a sharp
2020 has been a difficulty year so far for most travel and leisure-related companies. And in the first half, among the biggest casualties of the coronavirus pandemic have been hotel stocks. By the end of March, shares in a wide range of hotels hit multi-year lows. Since then, to the delight of market participants, many
On its face, BP (NYSE:BP) stock looks like a wonderful pick for income investors. BP’s dividend now yields over 10%. That seems to be hugely attractive for a large, diversified oil company. Source: FotograFFF / Shutterstock.com Indeed, that yield is the highest among the largest oil producers, even for investors willing to look overseas for
With more than half the states in the U.S. considering some measures to slow down their re-opening efforts due to surging novel coronavirus cases, the markets are once again having to adjust to events. Although many might see this as an opportunity to buy blue-chip stocks, not all of these investments are practical right now.
It was a tough day for the bulls on Friday, with the stock market getting walloped right off the open. That said, let’s look at a few top stock trades as we approach the end of June. Top Stock Trades for Monday No. 1: Facebook (FB) Facebook (NASDAQ:FB) is taking it on the chin as
Paramedics wait to bring a patient into the emergency room at Regional Medical Center on May 21, 2020 in San Jose, California. Justin Sullivan | Getty Images With an acceleration of coronavirus headlines starting to weigh on the U.S. stock market, strategists say they are now paying attention to a more refined set of disease
A man in a surgical mask walks by the New York Stock Exchange (NYSE) after more cases of coronavirus were confirmed in New York City, New York, U.S., March 10, 2020. Andrew Kelly | Reuters Next week brings an end, mercifully, to the first half of 2020. That’s the good news. The bad news: Wall