Amid the market volatility, according to Wall Street analysts, there are some names that stand out as winners. The stock market, which had made recent gains this summer, took a turn for the worse last week. The S&P 500 broke its four-week winning streak Friday as experts debated whether or not the market’s recent rally …
These Are Wall Street’s Favorite Stocks, And Where Analysts Think They’re Going Read More »
Value investor Mason Hawkins switched to General Electric in the second quarter and also took a stake in the growth name Alphabet. Hawkins’ Southeastern Asset Management, which manages a series of mutual funds called Longleaf Partners Funds, increased its General Electric shares by 12% in the past quarter, according to InsiderScore. In the three-month period …
Classic value investor Mason Hawkins charges GE and this surprising tech name Read More »
Warren Buffett at a press conference during the Berkshire Hathaway Shareholders’ Meeting, April 30, 2022. CNBC Warren Buffett’s Berkshire Hathaway received approval Friday to buy up to 50% of oil giant Occidental Petroleum. Shares of Occidental rose 10% on the news to above $70 apiece, pushing their profits to more than 140% in 2022. On …
Warren Buffett Gets Clearance to Buy Up to Half of Occidental Petroleum, Boosting Stocks Read More »
US President Joe Biden gestures as he comments on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% tax on company share buybacks — a belated addition to President Joe Biden’s sweeping tax, health and climate package — adds another levy to …
There’s a new 1% tax on share buybacks – here’s what it means for your portfolio Read More »
The Fidelity Growth Company fund has had an excellent decade. The independent rating company Morningstar, which gives it a five-star rating, says it is one of the best-performing funds of the past 10 years. The fund has $45.4 billion in assets under management and invests in domestic and foreign companies that the advisor believes have …
This Fidelity growth fund is one of the best in the biz. This is what it charges on Read More »
A customer walks down an aisle of a BJ’s Wholesale Club Inc. store in Falls Church, Virginia, USA Bloomberg | Bloomberg | Getty Images Check out the companies making the biggest moves in the afternoon: Cisco Systems – Shares of the network equipment maker rose 5.8%. The company reported earnings that exceeded estimates after the …
CNBC’s Jim Cramer said the market could continue to stagnate after Wednesday’s slump and urged investors to cut some of their positions. “It could still go well. I don’t want to scare you. I just think stocks need a cooling off period after this prodigious run, and we’re definitely getting one,” he said. “And you …
Jim Cramer Says Investors Should Take Some Profits With Markets Ready To Cool Read More »
