FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its relationship with Amazon.com, the world’s top online retailer.
As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the third quarter. We get to see hedge funds’ thoughts towards the market and […] …read more […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]
Utility PG&E Corp’s $13.5 billion settlement with victims of California wildfires got some encouraging words from a U.S. bankruptcy judge on Tuesday, and the company’s stock rallied as it gained momentum to emerge from bankruptcy in June as planned.
We can judge whether Rite Aid Corporation (NYSE:RAD) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their best […] …read more […]
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […] …read more […]
An associate producer on CBS current affairs TV show “60 Minutes” filed a lawsuit on Tuesday alleging gender discrimination and retaliation by the U.S. company after she said she complained about inappropriate conduct by her male boss.
Buy high – sell higher.
As we continue to trade within a market that simply refuses to move lower, this trading tactic seems to be the name of the game right now.
In The War Room, Karim and I are both attempting to carefully pick and choose names that we feel comfortable playing calls on at these elevated levels.
For me, this has led to five winning trades on Walmart.
And for Karim, this has led to a winning put sell play on Cisco Systems.
But just to further strengthen the point that there’s shockingly little value to be found right now, Warren Buffett is …read more […]
The boards of French carmaker PSA , the owner of Peugeot, and Fiat Chrysler (FCA) in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […] …read more […]
How do we determine whether Exela Technologies, Inc. (NASDAQ:XELA) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […] …read more […]
Wall Street’s major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors’ confidence in the U.S. economy.
Wall Street’s major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors’ confidence in the U.S. economy.
The mainstream press loves to talk about “intergenerational wars.” Stories about how much baby boomers and millennials or millennials and Generation X don’t get along make for good water cooler chatter.
But in reality, we’re really all alike… at least when it comes to investing.
A recent survey of self-directed investors by Charles Schwab found a stunning similarity in major stock holdings across the generations.
Sure, there are differences – millennials prefer the Grayscale Bitcoin Trust (OTC: GBTC) and Walt Disney (NYSE: DIS), while baby boomers like Boeing (NYSE: BA) and AT&T (NYSE: T).
But what’s striking here is the commonality across the generations.
Of …read more […]
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