Year: 2020

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(Bloomberg Opinion) — Is Boeing Co. capable of making commercial aircraft at all?It’s worth asking after an excoriating report by a U.S. congressional committee on the circumstances leading up to the fatal crashes of two 737 MAX planes. The accidents were “the horrific culmination of a series of faulty technical assumptions by Boeing’s engineers, a lack of transparency on the part of Boeing’s management and grossly insufficient oversight” by regulators, according to the report. Pending legislation may tighten that oversight, adding to future costs.The plane hasn’t flown in more than 18 months. Though European safety officials have finally completed testing …read more […]

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On CNBC’s “Fast Money Halftime Report,” Pete Najarian spoke about unusually high options activity in Advanced Micro Devices, Inc. (NASDAQ: AMD). He noticed aggressive buying in the name as traders bought around 7,400 contracts of the September $76 calls for 75 cents. Najarian followed the trade and he warned traders who want to do the same to remember that these calls expire on Friday.Najarian also noticed some activity in Bausch Health Companies Inc (NYSE: BHC). Options traders were active in the name for the second day in a row. On Wednesday, they bought 8,000 contracts of the October $18 calls …read more […]

Tech stocks are suffering despite little change in the outlook, and the broader market is falling in their wake. …read more […]

The distinction between value and growth stocks dates a long way back…
Benjamin Graham, known as the father of value investing, lost a bundle in the stock market crash of 1929. To prevent a repeat episode, he made it a personal rule to buy only stocks that were dirt cheap relative to their fundamentals.
He focused on companies trading at low valuations relative to their net asset value, earnings and cash flow. Graham didn’t try to buy great companies – he tried to buy stocks valued so cheaply that they couldn’t go any lower.
His approach worked well…
He bought at cheap valuations and …read more […]

The distinction between value and growth stocks dates a long way back…
Benjamin Graham, known as the father of value investing, lost a bundle in the stock market crash of 1929. To prevent a repeat episode, he made it a personal rule to buy only stocks that were dirt cheap relative to their fundamentals.
He focused on companies trading at low valuations relative to their net asset value, earnings and cash flow. Graham didn’t try to buy great companies – he tried to buy stocks valued so cheaply that they couldn’t go any lower.
His approach worked well…
He bought at cheap valuations and …read more […]

The post Are You a Growth or Value Investor? appeared first on Investment U. …read more […]

(Bloomberg) — Hertz Global Holdings Inc. must change its plan to pay 14 top executives up to $5.4 million in bonuses if it wants win approval for the incentive program, says the judge overseeing the car renter’s bankruptcy.Judge Mary Walrath sided with opponents of the payouts, who argued that the bonus program comes too soon after $16.2 million in retention money Hertz agreed to hand out to about 340 employees just days before it filed for bankruptcy in May. Walrath’s order also nixed a new plan that would have split as much as $9.2 million among about 295 lower-ranking managers.“It …read more […]

(Bloomberg) — Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.The Toronto-based company will give shareholders 3 cents a common share, the first payout since 2013, and resume quarterly dividends of the same amount, taking the total distribution to 12 cents a year, according to a statement Thursday. Production is expected to increase 20% by 2023.The move comes after investors flocked to the yellow metal as a safe haven, with the pandemic threatening to derail global economic growth. Spot gold climbed to a record $2,075.47 an …read more […]

President Trump says he is ‘not prepared’ to sign off on the deal between Oracle and TikTok. Yahoo Finance’s On the Move panel discusses. …read more […]

When bubbles pop, wealth disappears very quickly. I’ve seen this happen multiple times.
The dot-com bubble popped in 2000. Investors holding profitless internet stocks were wiped out.
The housing bubble popped in 2008. People lost big in both the housing and stock markets.
Now, big technology stocks have had an incredible run in 2020 despite the COVID-19 pandemic.
With that big run, there has been talk of a “bubble” forming in the tech sector.
To find out the truth, let’s crunch some numbers on one of our favorites…
I Have Been Flashing the Caution Sign…
A couple of weeks ago, I had some nerve…
I suggested that Warren …read more […]

(Bloomberg) — The Trump administration has asked gaming companies to provide information about their data-security protocols involving Chinese technology giant Tencent Holdings Ltd., people familiar with the matter said.The Committee on Foreign Investment in the U.S., which is chaired by the Treasury Department, has sent letters to companies, including Epic Games Inc., Riot Games and others, to inquire about their security protocols in handling Americans’ personal data, said the people, who asked not to be named because the discussions are private.Tencent, the world’s largest gaming company, owns Los Angeles-based Riot and has a 40% stake in Epic, which is the …read more […]

Follow the leader is a viable strategy in stock investing, as long as you find the right leader to follow. Corporate insiders, of course, are by their nature leaders. They are the company officers who run the show, and the nature of their position, or positions, puts them in position to access knowledge, even foreknowledge, that the ordinary investors simply doesn’t have. This is a case where regulators have done the right thing. Insiders can make their trades – but they have to make them public. The investing public must be able to see what company officers are doing with …read more […]