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J.P. Morgan: 2 5G Stocks to Consider (And 1 to Avoid)

The late, great, Neil Peart wrote, in Tom Sawyer, “He knows changes aren’t permanent, but change is.” His words are an apt description of our modern world, an ever-changing landscape of pending tech. Right now, the shiny new change is 5G.Even the coronavirus couldn’t fully derail the coming build-out of the new 5G networks. It only delayed it. China and Korea are leading the world right now in bringing 5G networks online, with the US expanding its own new systems and Europe lagging behind. In the US, most urban areas have at least partial 5G connectivity online, and the major …read more […]

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Did Hedge Funds Make The Right Call On Verastem Inc (VSTM) ?

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 […]

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Did Hedge Funds Make The Right Call On Callon Petroleum Company (CPE) ?

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 […]

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Moderna shares rise 11% on $1.5 billion U.S. contract for COVID-19 vaccine

Moderna will provide about 100 million doses, with the price coming to around $30.50 per person for a two dose regimen. The company’s vaccine candidate, mRNA-1273, is one of the few that have already advanced to the final stage of testing and is on track to be completed in September, the company said this month. The deal confirms that Moderna’s experimental vaccine is one of the leading contenders, said BMO analyst George Farmer, who has an “outperform” rating on the stock. …read more […]

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OPEC trims 2020 oil demand, sees virus fears weighing on prices

OPEC on Wednesday said world oil demand will fall more steeply in 2020 due to the coronavirus pandemic and said next year’s recovery faces large uncertainties, pointing to growing headwinds for the group and its allies in supporting the market. World oil demand will fall by 9.06 million barrels per day (bpd) this year, the Organization of the Petroleum Exporting Countries said in a monthly report, more than the 8.95 million bpd decline expected a month ago. “Crude and product price developments in the second half of 2020 will continue to be impacted by concerns over a second …read more […]

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Warren Buffett’s About to Get a Lot Richer… and You Can Join Him

Warren Buffett has come to the dark side.
If there were ever a way to cheat in stocks, the Oracle has found it… and tapped into it in a way like never before.
He just dumped a record $5.1 billion into this “trick.”
We predict it’s going to make him a very rich man.
Here’s the best part… By tracking just one simple metric, you can join him.
The Only Thing Worth Buying?
We’ve written about share buybacks a fair amount in these essays. As we told Manward Letter readers when we recommended a buyback stalwart in a recent issue, they’re the supercharger that makes …read more […]

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China’s Days as World’s Factory Are Over, IPhone Maker Says

(Bloomberg) — A key supplier to Apple Inc. and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S., declaring that China’s time as factory to the world is finished because of the trade war.Hon Hai Precision Industry Co. Chairman Young Liu said it’s gradually adding more capacity outside of China, the main base of production for gadgets from iPhones to Dell desktops and Nintendo Switches. The proportion outside the country is now at 30%, up from 25% last June.That ratio will rise as the company — known also as Foxconn — …read more […]