In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Citigroup shares got a boost from Warren Buffett who just disclosed a big stake in the struggling bank. The bank stock jumped more than 5% in premarket trading after a filing revealed Monday evening that Buffett’s Berkshire Hathaway added more
In this article 9618-HK TTWO UAL C WMT PARA Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fell about 10.5% after the big-box retailer reported quarterly earnings that significantly
Although the conservative approach is to heed the warning of the broader market meltdown, these ideas are going against the grain. Chefs’ Warehouse (CHEF): A likely beneficiary of the retail revenge and revenge traveling phenomena, CHEF is an intriguing name among stocks to buy. TreeHouse Foods (THS): A multinational food processing firm specializing in private
Water stocks are attractive to income investors. American Water Works (AWK): American Water Works has a significant scale advantage. California Water Service Group (CWT): California Water Service Group is one of the three largest water utilities in the U.S. SJW Group (SJW): SJW Group engages in a full suite of water services. Source: Alina Kruk/Shutterstock.com Water
AMC Entertainment (AMC) just reported better-than-expected Q1 earnings. However, the movie theater chain is not out of the woods yet and is struggling to return its business to pre-pandemic levels. AMC stock remains under pressure, with at least one analyst forecasting it will fall to just $1 per share. Source: Elnur / Shutterstock.com Down 27%
Before the mortgage crisis of 2007-2009, buying a foreclosed home was a difficult proposition. Real estate bargain hunters had to follow auctions put on at courthouses or sift through reams of legal filings. The wave of foreclosures brought on by the subprime meltdown not only increased the number of available properties; it also made it
Tencent Holdings Ltd.’s revenue growth in the first quarter slowed to its weakest pace in nearly two decades, as China’s pandemic resurgence hit the Chinese social-media and videogame behemoth, which was already struggling with a yearlong regulatory crackdown. The world’s largest videogame developer said Wednesday that revenue edged 0.1% higher from a year earlier to
Airbnb (ABNB) stock lost almost a quarter of its value over the past two weeks Q1 results exceeded expectations, but the company faces tough comparables ahead ABNB stock is expensive and only suitable for the most optimistic investors Source: Tero Vesalainen / Shutterstock.com Like most of the rest of the market, shares of Airbnb (NASDAQ:ABNB)
In this article BRK.A PARA In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Paramount Global jumped Tuesday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the media company. The stock
Workers operate a drilling rig for an EBR Energy LP natural gas well near Columbus, Texas. Scott Dalton | Bloomberg | Getty Images U.S. natural gas prices more than doubled since the start of the year, and this summer’s air conditioning season could send them soaring by at least another 25%. In the futures market,
Cloudflare (NYSE:NET) appears to remain in an unattractive category despite its superior quarterly results. NET stock has since fallen 28% following its earnings announcement on May 5. Although guidance for revenue has been raised, the company expects earnings to be lower or remain the same as previously forecast levels. For the first quarter of 2022,
These six dividend stocks to buy allow investors to weather a coming recession. These stocks pay dividends and have good dividend yields, low price-to-earnings (P/E) and good prospective earnings growth. CNH Industrial (CNHI) – The equipment maker has a 2.03% yield, a forward P/E of 9.99x, and good earnings growth. Edison Int’l (EIX) – This
Some Chinese stocks have generated the occasional pop, but the risk-reward is skewed bearishly. Alibaba (BABA): China’s flagship has been plunging for the better part of the trailing year. JD.com (JD): JD.com is now reflecting consumer weaknesses pinged earlier this year. Ping An Insurance (PNGAY): Ping An is a worryingly exposed company, especially for an
When Robinhood launched in 2015, its selling point was commission-free trading, with free stock, ETF, options, and crypto trades. Now that most brokers have dropped commissions, Robinhood has lost that edge. Still, the broker’s low costs, zero account minimums, and overall simplicity remain attractive to new investors. Meanwhile, TD Ameritrade (TDA) has been around since
Oil futures rose in electronic trade late Tuesday after a trade group reported a large drop in U.S. crude-oil and gasoline inventories. The American Petroleum Institute said U.S. crude-oil inventories fell 2.4 million barrels last week, while gasoline stocks fell by 5.1 million barrels, according to a source. Distillate inventories were seen up 1 million
SoFi Technologies (SOFI) is demonstrating leadership on analyst upgrade and 40% premium price target. Following mixed earnings release last week, investors are “over-discounting” a growth opportunity in SOFI stock. Shares of SOFI stock sets up nicely for buyers. Source: Michael Vi / Shutterstock Financial technology (fintech) firm SoFi Technologies (NASDAQ:SOFI) is bucking the market today.
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading Monday. Spirit, JetBlue — Shares of JetBlue Airways dipped 4.7% on news that the company’s offering $30 a share to take over
Helmerich & Payne (HP) is a premier American oil and gas driller in a time when fossil fuel supplies are threatened. Moreover, the company’s recently released data suggests that Helmerich & Payne is making strides in working toward profitability. Investors should put Helmerich & Payne on their watch lists as the company augments its already
Down markets have investors looking for income from dividend stocks. All the better if those names also offer growth potential. Lowe’s (LOW) – The home improvement market continues to grow as does this company’s dividend. Walgreens Boots Alliance (WBA) – An attractive price-to-earnings ratio and reliable dividend is a prescription for income-minded investors. Target (TGT)
BRC (NYSE:BRCC) — also known as Black Rifle Coffee — is a mission-driven premium coffee company that supports veterans and active duty military. It announced its first-quarter 2022 financial results on May 12 before the opening bell. And is BRCC stock a buy or a sell after the earnings release? I argue it is a