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7 Types of Alternative Investments

Alternative investments are investments in asset classes that differ from traditional investment vehicles. Traditional investment vehicles include stocks, bonds and cash. Alternative investment classes include things like hedge funds, private equity, real assets and venture capital.
About Alternative Investments
The appeal of alternative investments is that they help you diversify your portfolio beyond the normal investment classes. They also have the potential to generate outsized returns compared with stocks and bonds.
On the other hand, these potential outsized returns to do not come for free. Instead, they have a substantial amount of risk. Investors need to determine whether the risk is worth the …read more […]

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Gold to Reach $3,000—50% Above Its Record, Bank of America Says

(Bloomberg) — Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce — more than 50% above the existing price record — in a report titled “The Fed can’t print gold.”The bank increased its target from $2,000 previously, as policy makers across the globe unleash vast amounts of fiscal and monetary stimulus to help shore up economies hurt by the coronavirus.“As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure,” analysts including Michael Widmer and Francisco Blanch said in the report. “Investors will aim for gold.”BofA expects …read more […]

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3 “Strong Buy” Penny Stocks That Could See Outsized Gains

Penny stocks are controversial, to say the least. When it comes to these under $5 per share investment opportunities, Wall Street observers usually either love them or hate them. The penny stock-averse point out that while the bargain price tag is tempting, there could be a reason shares are trading at such low levels like poor fundamentals or insurmountable headwinds.However, the other side of the coin has merit as well. Naturally, with these cheap tickers, you get more bang for your buck in terms of the amount of shares. On top of this, other more expensive and well-known names aren’t …read more […]

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Pre-Market: Vaxart Pops 35% On Positive Covid-19 Vaccine Data

Biotech Vaxart (VXRT) has announced positive pre-clinical results for its oral COVID-19 vaccine candidates, with several of the vaccine candidates generating immune responses in all tested animals after a single dose.Shares have surged 35% in pre-market trading Tuesday, with the stock’s year-to-date gain already at an eye-watering 567%.“These early pre-clinical results are in line with those for our oral influenza vaccine which was protective in a clinical Phase 2 efficacy study,” said Sean Tucker, Ph.D., CSO of Vaxart, adding that additional data will inform which candidate moves forward into clinical trials.“We are particularly interested in vaccine candidates that can generate …read more […]

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Fannie-Freddie Not Buying Problem Loans Has U.S. Seeking Fix

(Bloomberg) — Fannie Mae and Freddie Mac’s regulator is confronting a fresh crisis for the U.S. housing market: The companies won’t buy recently issued loans that were made to borrowers who already can’t afford their monthly payments because of coronavirus.Industry executives have told Fannie and Freddie’s watchdog, the Federal Housing Finance Agency, that the issue is causing severe disruptions for the real estate sector because it’s preventing the mortgage giants from guaranteeing new loans in forbearance. In response, an update to Fannie and Freddie’s policies aimed at easing the problem may be announced as soon as this week, said people …read more […]

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Philip Morris Releases Strong Q1 Results; Warns That Worse Is To Come

Philip Morris International (PM) has released strong first-quarter results with revenue of $7.15B (+5.9% year-over-year) beating the Street consensus by $280M.For the first quarter, non-GAAP EPS of $1.21 came in $0.08 above the Street’s forecast and GAAP EPS of $1.17 beat by $0.04. Cigarette and heated tobacco unit shipment volume fell by 1.2%; down by 0.6% on a like-for-like basis, states the press release.PM also withdrew its 2020 reported diluted EPS guidance of at least $5.50, originally provided on February 6, and instead provided a forecast for the second quarter, for which it has ‘relatively better visibility.’According to the press …read more […]