Month: September 2020

AllianceBernstein (NYSE: AB) is an investment management firm with $643 billion in assets under management. It offers mutual funds, closed-end funds, managed accounts, sell-side research, institutional trading and other services.
Based on the current quarter’s distribution, it yields a robust 9%. But can this respected finance firm maintain its distribution?
The simple answer is “probably not.” But not because it’s experiencing financial difficulty.
AllianceBernstein has a variable distribution policy. The company is set up as a partnership, so it pays a distribution, not a dividend.
As you can see, over the last 10 years, the quarterly distribution has ranged from a low of $0.12 …read more […]

The post This 9% Yield Will Get Cut – and That’s OK appeared first on Investment U. …read more […]

Today, the world is in the midst of an incredible energy transition. I call it the “Energy Disruption Triangle.”
I’ve been so fascinated by it that I wrote a book by the same name. I saw this coming a decade ago.
This transition is obeying my Three Laws of Technology.
The first is “Technology marches on.” No matter what is happening around us – recessions, depressions or even pandemics – technological change is inevitable and continues to happen.
My second law is “When it comes to technology, change happens much faster than anyone expects it will.” Just look how fast smartphones went from an …read more […]

No matter how you slice it, the end result of “Mulan’s” digital release is a whole lot of cash for Disney+. …read more […]

(Bloomberg) — President Donald Trump said he’s not happy with what he’s heard about the terms of Oracle Corp.’s bid for the Chinese-owned video app TikTok but added he won’t be briefed on details until Thursday morning.“Just conceptually, I can tell you I don’t like that,” he said after a reporter told him that TikTok’s Chinese owner, Bytedance Ltd., would retain a majority of the company’s assets, with Oracle acquiring a minority stake.“I’m not prepared to sign off on anything,” Trump said, adding that he needs to hear more details of the proposal.Top Trump administration officials have raised concern that …read more […]

(Bloomberg) — Snowflake Inc.’s initial public offering isn’t just creating new fortunes, it’s adding to the wallets of some of Silicon Valley’s biggest names.Iconiq Capital, a multifamily office whose clients include Facebook Inc.’s Mark Zuckerberg, LinkedIn Corp.’s Reid Hoffman and Twitter Inc.’s Jack Dorsey, took part in multiple Snowflake funding rounds beginning in 2017. Its 12% stake in the company, purchased for $245 million, was worth more than $4 billion at the initial offering price of $120. By the end of Wednesday, the same stake was worth a staggering $8.6 billion.Read more: Snowflake soars into tech big leagues with $73 …read more […]

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […] …read more […]

On Wednesday, Needham analyst Laura Martin raised her price target on Apple shares to $140 from $112.50 on the belief that the company’s new bundled services could drive potential upside. …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

Did the stock market’s epic rally just need a little breather? The last few weeks have seen stocks experience their first meaningful correction since the bull market kicked off in March. Now, the question swirling around the Street is, will the rally pick back up again, or is more downside on the way?According to Morgan Stanley’s chief U.S. equity strategist Mike Wilson, uncertainty regarding the presidential election and stalemate on the next stimulus package could lead to declines in September and October. “On the correction, there’s still downside as markets digest the risk of congressional gridlock on the next fiscal …read more […]

A Corsair IPO is right around the corner. The company filed to go public in August after delaying its IPO in 2012. As one of the biggest names in the gaming industry, investors are looking forward to Corsair stock.
But is Corsair a good investment? Here’s what we know…
Corsair Gaming IPO: The Business

CEO Andy Paul co-founded Corsair Components in 1994. Now known as Corsair Gaming, the company is a leading global provider of gear for the gaming industry. Corsair provides mice, keyboards, headsets and controllers for gamers. The company also has Elgato, a streaming suite for content creators. Corsair aims to …read more […]

Acquisitions further Trulieve’s mission of being the leading customer-focused cannabis brand in the United StatesTALLAHASSEE, FL, Sept. 16, 2020 /CNW/ – Trulieve Cannabis Corp. …read more […]

(Bloomberg) — The White House strongly signaled Wednesday that it is willing to increase its pandemic-relief offer in talks with Democrats and that Senate Republicans should go along in order to seal a stimulus deal in the next week to 10 days.Chief of Staff Mark Meadows said President Donald Trump is open to the compromise $1.5 trillion stimulus proposal from a bipartisan group of House lawmakers that was an effort to break a months-long deadlock over bolstering the U.S. economy amid the pandemic.The long-shot plan from a 50-member group of House Democrats and Republicans has a bigger total spending figure …read more […]

Vaxart (VXRT) began the week with a monster Monday session. Shares of the vaccine specialist surged by 47% after the biotech announced it had been given the go ahead from the FDA to commence the Phase 1 clinical trial of its oral COVID-19 vaccine candidate.The study will evaluate the vaccine’s effect on healthy adults between the ages of 18 to 55, examining the safety and reactogenicity of a two-dose regimen.The trial’s commencement couldn’t have come sooner for this high-flying coronavirus stock, as the small cap is significantly behind peers in the development of its COVID-19 vaccine program. However, based on …read more […]