Year: 2020

(Bloomberg) — Now that the campaigning is over, the work begins for Joe Biden to start making good on the policy changes he promised. Here’s a breakdown of how a Biden presidency may affect some two dozen U.S. industries and what might rise to the top of his agenda as he takes over from Donald Trump in January. A few giant tech companies — practically industries unto themselves — are included for good measure.There are recurring themes in this compilation: The more closely a company interacts with individual American consumers, the more pressing are matters of Covid-19 restrictions and wages. …read more […]

(Bloomberg) — Now that the campaigning is over, the work begins for Joe Biden to start making good on the policy changes he promised. Here’s a breakdown of how a Biden presidency may affect some two dozen U.S. industries and what might rise to the top of his agenda as he takes over from Donald Trump in January. A few giant tech companies — practically industries unto themselves — are included for good measure.There are recurring themes in this compilation: The more closely a company interacts with individual American consumers, the more pressing are matters of Covid-19 restrictions and wages. …read more […]

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he would pick First Solar Inc. (NASDAQ: FSLR) over Solaredge Technologies Inc. (NASDAQ: SEDG).Plantronics Inc. (NYSE: PLT) is a good company and a very high quality stock, he said. He prefers lower-end companies, more gaming oriented, but he doesn’t want to go against the call and he thinks Plantronics is a good one.Workhorse Group Inc. (NASDAQ: WKHS) is a bit of a showhorse for Cramer. If he wanted an EV stock, he would buy Plug Power Inc. (NASDAQ: PLUG).Instead of Moneygram International Inc. (NASDAQ: MGI), Jim Cramer would buy Paypal Holdings …read more […]

(Bloomberg) — Shortly after 10 p.m. on election night, bettors went all-in on Donald Trump.Huge swaths of the country were suddenly turning Republican red on the electoral maps splashed on TVs and websites everywhere — Florida was in the bag for Trump; North Carolina and Ohio were breaking that way too, and early results from Georgia, Michigan and Wisconsin were all heavily in his favor.This, the gamblers told themselves, was a crystal clear sign that Trump had been badly underestimated by pundits and pollsters just like he had been in 2016 and that he would prove them wrong again and …read more […]

* Insider buying can be an encouraging signal for potential investors when markets face uncertainty. * Activist investor Carl Icahn added to a stake last week. * Financial companies and an options exchange operator saw insiders buying too.Conventional wisdom says that insiders and 10% shareholders really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when markets are near all-time highs.Though buy windows remain closed for many insiders during earnings-reporting season, …read more […]

It’s time we talked about the “B” word…
Bond.
These investment vehicles have a stodgy reputation.
But day trading detractors can laugh all they want…
In the meantime, corporate bondholders can collect legally guaranteed yields that often beat out blue chip stocks.
Consider this… Chief Income Strategist Marc Lichtenfeld has never lost money on a bond.
He has also never recommended a bond that has lost money.
So bonds may not get the glory – but they almost always win.
That’s why they’re a critical part of any income investor’s portfolio.
And in this week’s episode of the trailblazing YouTube series State of the Market, Marc shows you exactly …read more […]

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A victory by Democratic presidential candidate Joe Biden in the November election could significantly change tax bills for a slew of Americans. Here’s what you need to know. …read more […]

(Bloomberg) — Wall Street has made its peace with a Joe Biden victory, taking comfort in his decades-long political career in which moderation is a prevailing trait. But it’s nervous about his more liberal allies.Finance executives will be closely watching how Biden handles the coming internal Democratic fight between centrists and progressives that threatens to increase regulation and dent profits.Firms are counting on his business-friendly inner circle — a group that includes long-time Democratic stategists, corporate lawyers and former lobbyists — to exert the most influence in selecting nominees for agencies like the Treasury Department and the Securities and Exchange …read more […]

Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… …read more […]

It’s been a good week for General Motors Company (NYSE:GM) shareholders, because the company has just released its… …read more […]

The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says… …read more […]

Global Blood Therapeutics, Inc. (NASDAQ:GBT) missed earnings with its latest quarterly results, disappointing… …read more […]

The votes have been counted, and a decision has been rendered — no, not on the winner of the U.S. Presidential election (unfortunately), but on Biogen’s (BIIB) aducanumab Alzheimer’s drug.By a vote of one for, eight against, and two abstaining, the U.S. Food and Drug Administration’s (FDA) Peripheral and Central Nervous System Drugs Advisory Committee concluded Friday that positive clinical data from Biogen’s “EMERGE” trial, when “viewed independently and without regard for” data from the company’s “ENGAGE” trial, were not sufficient to convince it that aducanumab is an effective treatment for Alzheimer’s.The Advisory Committee furthermore voted zero to seven …read more […]

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly… …read more […]