No Picture
Trading Ideas

Invest in Stocks or Start a Business? Talk to Chuck!

Charles Schwab has built himself into a massive success – and he’s No. 63 on the Forbes 400. So what’s the secret of wealth according to Chuck?
Mark Skousen recently interviewed him to find out.

“I have always believed in giving investors choices, and with those choices the freedom and power to make their own decisions.”
– Charles Schwab, founder and chairman of Charles Schwab Corporation
Earlier this month, my wife, Jo Ann, and I had the pleasure of sitting down with one of the great innovators on Wall Street – Charles Schwab, the founder of the famous discount brokerage firm and No. …read more […]

No Picture
Trading Ideas

Buy Rating Maintained on McDonald’s Corp. (MCD)

On October 22, McDonald’s shares came under pressure after posting 3Q19 adjusted earnings of $2.11 per share, up from $2.10 a year earlier but missing consensus by $0.10.

Overall same-store sales rose 6%, above the consensus forecast of 5.4%, reflecting the impact of digital initiatives and increased deliveries.

We look for expanding operating margins given better margins available from refranchised restaurants and lower commodity prices, although increases in the minimum wage in several states will be an offset. …read more […]

No Picture
Business News

Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans

Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company’s planned digital currency Libra would be a force for good that could reduce costs for electronic payments and help more people participate in the global financial system.

…read more […]

No Picture
Trading Ideas

Explainer: Google hails 'quantum supremacy', but don't chuck out your PC just yet

Researchers at Google say they have achieved ‘quantum supremacy’, in which a computer harnessing the properties of sub-atomic particles did a far better job of solving a problem than the world’s most powerful supercomputer. Given the task of finding a pattern in a seemingly random series of numbers, Google’s quantum computer produced an answer in 3 minutes and 20 seconds. It estimates that the Summit supercomputer https://www.ibm.com/thought-leadership/summit-supercomputer at the Oak Ridge National Laboratory in Tennessee would take 10,000 years to complete the task. …read more […]

No Picture
Trading Ideas

Were Hedge Funds Right About Piling Into L3Harris Technologies, Inc. (LHX)?

Is L3Harris Technologies, Inc. (NYSE:LHX) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks […] …read more […]