Year: 2020

Every investor in New Residential Investment Corp. (NYSE:NRZ) should be aware of the most powerful shareholder groups… …read more […]

Searching for a dividend growth stock can be like looking for a needle in a haystack. Which makes sense… Companies focused on growth typically reinvest cash on hand into future growth instead of paying out a dividend.

A perfect example of a growth stock from the way back machine is Amazon (Nasdaq: AMZN). The internet commerce juggernaut went years without turning a profit. Amazon CEO Jeff Bezos long maintained that investing in growth was far more important than hitting quarterly earnings targets.
The strategy proved to be a salient one that landed Amazon’s founder the top spot as the richest man in …read more […]

American Airlines Group Inc said Thursday it plans to suspend flights to 15 U.S. airports in October as travel demand remains low as a result of the coronavirus pandemic. Congress has been weighing for weeks whether to grant U.S. airlines another $25 billion in payroll assistance that would keep tens of thousands of airline workers on the job for another six months and extend minimum service requirements. American said it will cancel just over 700 flights in October to and from those 15 airports but warned it could make additional cuts or could reconsider if Congress provides …read more […]

Baupost Group recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted strong gains for the quarter, a substantial but not quite complete rebound from the first quarter drop. You should check out Baupost Group’s top 5 stock picks for investors to buy right now, which could […] …read more […]

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(Bloomberg) — Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months.The stock, which touched a low of about $350 in March, has almost quintupled since then and briefly crossed $2,000, nearly 10 times the level it was trading at this time last year. Tesla shares jumped as much as 6.6% on Thursday, reaching the all-time intraday high. The stock has closed at records on three of the past four trading days.The relentless rally led Tesla to split the stock in order to make it …read more […]

Jordan Belfort, who inspired the Martin Scorsese movie, is offering amateur traders tips online. …read more […]

Tesla popped above $2000 per share, setting a new record high ahead of an expected 5 to 1 stock split and its inclusion in the S&P 500 Index. …read more […]

Rampant liquidity in the market sends Warren Buffett’s favorite stock market indicator back to an unwelcome level. …read more […]

(Bloomberg) — Californians are in their sixth month of sheltering in place because of a pandemic that’s killed more than 11,000 residents. Now a new crisis — hundreds of wildfires — is forcing people to flee their homes at a moment’s notice.More than 50,000 residents have been evacuated as blazes rage across the state, burning over 500,000 acres, according to Cal Fire. In Napa, Sonoma and Solano counties north of San Francisco, the LNU Lightning Complex fire has more than doubled in size to at least 131,000 acres, threatening an estimated 25,000 structures.“This really is unprecedented,” said Bela Matyas, health …read more […]

Markets are riding high, with the NASDAQ and the S&P 500 at record levels. The surge in equities, along with strongly positive jobs reports from May, June, and July, give a different retrospective take on the economy’s slide in February/March, due to the anti-coronavirus lockdown policies. Investors are responding with a burst of optimism, visible in the market gains.However, the lingering uncertainty in the wake of the coronavirus, and the looming uncertainty of the November elections, give a natural impetus to take a defensive play, finding stocks that will offer some portfolio protection should markets turn south.And this brings us …read more […]

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