When most people challenge deeply ingrained wisdom about finances, they’re greeted with eye rolls. When one of the world’s most successful financial gurus is the contrarian, people listen. Such was the case with Warren Buffett’s 2013 letter to Berkshire Hathaway investors, which seemed to challenge one of the longstanding axioms about retirement planning. Buffett noted
In sports, a losing team’s first move is to fire the manager. In business, this is the last move. Cisco Systems (NASDAQ:CSCO) has been adrift ever since Chuck Robbins became CEO in 2015. Once the world’s most valuable company, Cisco stock has gained less than 10% each year over the last five. Source: Valeriya Zankovych
One way to look at the airline sector is by looking at what analysts are saying. And despite many planes still grounded, analysts are finding airline stocks to buy. In fact, there are a few that have received a “strong buy” rating. Do the analysts know something we don’t? Not really. But analysts know that
Wharton School professor Jeremy Siegel told CNBC on Monday the stock market is likely primed for strong gains next year, regardless of whether President Donald Trump or Joe Biden occupy the White House. Siegel, who has been mostly bullish over the years, cited a number of reasons, including the increased money supply as a result of
Earnings season kicks off in a couple weeks and here’s why it may be better than expected. The S&P 500 is down 4% for the month, the first down month since March, but investors are expecting big things from corporate earnings reports, which begin Oct. 13 when JPMorgan releases results. “September has been a rough
Take a look at some of the biggest movers in the premarket: IHS Markit (INFO) – The financial information and analytics provider earned 77 cents per share for its latest quarter, 8 cents a share above estimates. Revenue was in line with forecasts. The company said it is seeing recovery at “varying speeds” in the
Bulls grabbed the market by the horns on Monday, running stocks higher right from the open. With that in mind, let’s look at a few of our top stock trades from Monday’s notable movers. Top Stock Trades for Tomorrow No. 1: United Airlines (UAL) The airlines caught fire on Monday, with the group receiving a
Chesapeake Energy (OTCMKTS:CHKAQ) is trading at dirt-cheap prices. But any investors tempted to dip their toes are forewarned. There is no profit to be made on Chesapeake Energy stock, whether it be now or after it emerges from Chapter 11. Source: IgorGolovniov / Shutterstock.com Why is that so, though? Chesapeake has been around for more
[embedded content] Source: Christopher Penler / Shutterstock.com Jumia (NYSE:JMIA) was once heralded as the Amazon (NASDAQ:AMZN) of Africa. That was back in April 2019, when JMIA stock popped from its $14.50 IPO price to a $50+ price tag in a matter of days. Since then, the hype has faded, mostly because — as it turns
After Hadi Yousef began to invest in stocks, he soon learned the value of listening to a company’s earnings call. It didn’t take long for the then-Indiana University student to realize that tracking them down for a range of companies was a challenge. “Around that time, five years ago, I had really gotten into podcasts,
Yard signs supporting U.S. President Donald Trump and Democratic U.S. presidential nominee and former Vice President Joe Biden are seen outside of an early voting site at the Fairfax County Government Center in Fairfax, Virginia, September 18, 2020. Al Drago | Reuters If the presidential debate Tuesday results in a clear winner, there could be
The marijuana industry’s exponential growth in the last several years created numerous opportunities in the mainstream economy. But kinks in the industry, including regulatory ones, are still being worked out. To that extent, it is still nascent and needs a professionally-trained workforce to firm up its contours. Currently, there are relatively few colleges or universities
What’s the big deal about dividend aristocrats? Well, income investors are in a difficult position, because of high stock prices and low interest rates, which have push fixed income returns to historic lows. The S&P 500 index is up less than 1% year-to-date and the average yield is less than 2%. Investors have to look
Has any sector of the economy been harder hit by the novel coronavirus pandemic than the entertainment industry? From live concerts to movie theatres, theme parks to sports arenas, entertainment has been devastated this year. Other than streaming services and podcasts, every facet of the entertainment industry has been brought to a virtual standstill by
It should go without saying that when it comes to Tesla (NASDAQ:TSLA), there’s no need to panic. Yes, Tesla stock has pulled back 19% from all-time highs just above $500. But the stock still has nearly quintupled year-to-date, soaring a sizzling 740% over the past twelve months. Source: franz12 / Shutterstock.com It’s not just the
Check out the companies making headlines in the premarket Monday: Caesars Entertainment, William Hill — Shares of Caesar’s were up more than 6% after the casino operator disclosed a cash offer of 2.9 billion pounds to buy London-based sports betting site William Hill. London-listed William Hill shares dropped more than 10%. Snap, Spotify — An
For a well-diversified portfolio, it always makes sense to have a mix of high and low beta stocks. When markets are in an uptrend, high beta stocks help in maximizing returns. On the other hand, when markets are bearish, low beta stocks help in capital preservation. At the same time, there might be high-risk stocks
While the S&P 500 and a wide range of stocks continue their September slide, many investors are understandably jittery, wondering if a second market crash is coming this year. In response, they’re searching for industries that can offer more stability, but also growth and income over the coming quarters. One such group are the so-called
A debate rages on in the financial community among professionals and academics about whether insider trading is good or bad for markets. Insider trading refers to the purchase or sale of securities by someone with information that is material and not in the public realm. Insider trading is not limited to company management, directors, and
With shares of Norwegian Cruise Lines (NYSE:NCLH) at just $17 right now, it’s easy to imagine investors thinking of its $53 levels from just last year and concluding there’s 210% upside as we see a once things “go back to the way they were.” Source: Roberto Sorin / Shutterstock.com There’s just one problem: NCLH stock