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3 “Strong Buy” Stocks Top Investors Are Snapping Up Right Now

Wall Street analysts’ wealth of experience and in-depth knowledge of the market can help investors determine whether to add a new name to a portfolio. Additionally, the use of technical indicators and fundamentals can point the direction of a stock’s near-term trajectory. Another way, though, is to gauge the sentiment amongst fellow investors. As the old saying goes, imitation is the sincerest form of flattery.TipRanks’ Stock Screener has a set of filters which allows you to search out a stock according to your needs, be it by market cap, analyst consensus or various other metrics. In our case, we searched …read more […]

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Trump Releases Blagojevich From Prison, Pardons Financier Milken

(Bloomberg) — President Donald Trump announced a set of clemencies and pardons on Tuesday, including for former Illinois Governor Rod Blagojevich who was convicted of public corruption and for financier Michael Milken who was convicted of securities fraud.The commutation of the 14-year prison sentence of Blagojevich brought a surprising end to one of the highest-profile public corruption cases of the 21st century.Trump’s closest confidants had urged him to pardon Milken, the 1980s “junk bond king” who has sought for decades to reverse his conviction.Trump also pardoned former New York City police Commissioner Bernard Kerik, who was sentenced to four years …read more […]

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Pinterest Stock Earnings Report Gives Shares a Boost

Pinterest is one of the major social media platforms available today. The platform allows users to “pin” posts to a digital pinboard on topics of interest. It is wildly popular with certain segments of the market and this has been advantageous to Pinterest’s stock of late. Pinterest stock has done especially well in light of its recent earnings report for Q4 and fiscal year 2019.

What Is Pinterest?
Pinterest Inc (NYSE: PINS) is an American social media company founded in December, 2009. It was founded by Ben Silbermann, Paul Sciarra and Evan Sharp. As of August, 2019 the social media site has …read more […]

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Franklin Escapes Fund Purgatory With Legg Mason Purchase

(Bloomberg Opinion) — In the asset-management industry, reputation is everything. A mutual-fund manager might have a fantastic strategy, but without a steady stream of cash flowing in to set up the position, returns may come in weaker than expected. That, in turn, could lead some investors to lose confidence that the concept was ever great in the first place.That, in a nutshell, is what happened to Franklin Resources Inc. over the last several years. The company has been stuck near $700 billion in assets under management for the past 18 months, down from a peak of $921 billion in mid-2014, …read more […]

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Virgin Galactic's stock soars, fueled by retail investors

Virgin Galactic Holdings Inc shares surged 24% on Tuesday, extending a rally since early December to over 400% and evoking a warning from an analyst who likes the space tourism company but warns it has become overbought. Shares of the company backed by billionaire Richard Branson have taken off in popularity among individual investors in recent sessions, nearly displacing Tesla Inc , another favorite among non-professional investors. Virgin Galactic was the third most traded stock on Fidelity’s online brokerage in recent sessions, with two thirds of clients buying shares, rather than selling. …read more […]

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Looking Back on The World in 2020

In 1994, journalist Hamish McRae published a book predicting what the world would be like in 2020.
In today’s piece, Nicholas Vardy analyzes what McRae predicted correctly and incorrectly, such as global wealth, the internet and more.

English journalist Hamish McRae published his book The World in 2020: Power, Culture and Prosperity in the mid-1990s.
When I read it many years ago, I wondered how it would stand the test of time.
Well, 2020 has arrived – if not in the blink of an eye, still a lot quicker than I expected.
I recently went back to my bookshelf and pulled down my yellowing paperback …read more […]