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What Tesla’s Stock Split Means For Investors

Splitsville has a new resident by the name of Tesla (Nasdaq: TSLA) . But unlike celebrity breakups, the Tesla stock split has an impact beyond making the cover of checkout aisle gossip magazines.
The electric vehicle maker’s board just approved a five-for-one split of the company’s stock. This is newsworthy for two major reasons. One is that stock splits have grown much less common in recent years… Due at least in part because high stock prices are a badge of honor. The other reason is the announcement of the stock split has triggered a substantial boost in share price.

Tesla’s stock price …read more […]

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Exclusive: China ramps up U.S. oil purchases ahead of trade deal review – sources

U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war. Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August and September, the people said, moves that may ease U.S. concerns that China’s purchases are trending well short of purchase commitments under the Phase 1 of the trade deal. China had emerged as a top U.S. crude buyer, taking $5.42 billion …read more […]

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Wells Fargo: 3 Strong Value Stocks to Buy Now

So much is uncertain these days. The coronavirus has came back, but the ‘second wave’ already shows signs of fizzling out. China was in the headlines again recently, as President Trump promised to ban Tik Tok from US access unless it was purchased by a US company. With the November election less than three months away, no one can truly say what the political landscape will look like come year’s end. And to top it off, we don’t even really know how our kids will be going back to school. By remote? In person? It all comes back to the …read more […]

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Bill Miller is Betting on Genworth Financial (GNW) Stock

Miller Value Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 47.02% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 20.54% in the same quarter. You should check out Miller Value Partners’ top […] …read more […]

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Here’s Why DXC Technology (DXC) Stock is an Attractive Pick for Investors

Miller Value Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. During the second quarter, Deep Value Strategy led the overall marketplace and S&P 1500 Value index, generating returns in excess of 50%. You should check out Miller Value Partners’ top 5 stock picks for investors to buy […] …read more […]

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Why Bed Bath & Beyond (BBBY) Stock is a Compelling Investment Case

Miller Value Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. During the second quarter, Deep Value Strategy led the overall marketplace and S&P 1500 Value index, generating returns in excess of 50%. You should check out Miller Value Partners’ top 5 stock picks for investors to buy […] …read more […]