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Were Hedge Funds Right About Warming Up To The Kraft Heinz Company (KHC)?

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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Ex-Intel CEO Lists Lavish Silicon Valley Compound

A nearly one-acre estate set on one of the most prime avenues in Atherton, arguably the Silicon Valley’s most desirable residential neighborhood, recently popped up for sale with a $13.25 million pricetag. Tucked away behind walls and gates, the fully landscaped Tuscan-style spread is a bonafide compound with a three-level main house, detached guesthouse, and […] …read more […]

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Were Hedge Funds Right About Align Technology, Inc. (ALGN)?

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

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'Clock is ticking': Strategist warns the growth stock trade will come undone

Some investors are getting increasingly worried about the outlook for technology and big growth stocks after a massive rally which has pushed the Nasdaq Composite index to record highs despite the coronavirus-inflicted economic damage. Few can complain about the performance of the S&P 500 Growth index, whose components range from Netflix Inc to medical device maker ResMed Inc and is up more than 10% for the year to date while the broad S&P 500 remains down 2% over the same time. Instead, investors say the popularity of tech and growth stocks at a time of global economic uncertainty has left …read more […]

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Why Ad Boycott Won’t End Facebook’s (FB) Rally

On July 14, 2020, Wedgewood Partners released its Q2 2020 Investor Letter, a copy of which you can download here. The Fund returned 27.13% for the second quarter of 2020. Meanwhile, the benchmark Russell 1000 Growth Index and the Russell 1000 Value Index gained 27.84% and 14.29%, respectively. You should check out Wedgewood Partners’ top […] …read more […]

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Equillium (EQ) Stock Price Target Gets a Big Boost; Here’s What You Need to Know

Headline grabbing biotechs are far from a rare sight in 2020. Nevertheless, when a little-known micro-cap pops by 730% in a single trading session, avid market followers are likely to take notice.And so to Equillium (EQ), the aforementioned little known biotech, whose shares blasted off on Monday.The rally began following the announcement that the Drugs Controller General of India – India’s equivalent of the FDA – granted Equillium’s partner Biocon emergency approval for itolizumab, a treatment of cytokine release syndrome (CRS) in COVID-19 patients with acute respiratory distress syndrome (ARDS). The approval came following a 30-patient proof-of-concept trial in which …read more […]

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What Does it Mean to Build Wealth?

What does it mean to build wealth in this day and age? This is a question that many Americans struggle to understand. Growing your wealth is a difficult task as the cost of living continues to rise. However, it’s attainable if you develop a feasible plan of saving, budgeting and investing.
There are many strategies and layers to building wealth. But, you won’t know where to start without building your knowledge base on the idea itself.

What Does it Mean to Build Wealth Exactly?
If you asked 100 people what building wealth is, you would probably hear 100 different answers. There isn’t a …read more […]

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AstraZeneca ties up with IQVIA to speed up studies of COVID-19 vaccine candidate

The collaboration is part of the U.S. government’s Operation Warp Speed to accelerate the development of COVID-19 vaccines and treatments. AstraZeneca is among the drugmakers farthest along in the race to develop a safe and effective vaccine for COVID-19, the respiratory disease caused by the new coronavirus. …read more […]

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J.P. Morgan: 3 Strong Value Stocks to Buy Now

Marko Kolanovic, JPMorgan’s quant expert, sees equities as both expensive and cheap at the same time. Yes, he acknowledges stocks are priced at or near their all-time highs in absolute terms, and compared to earnings – but in relation to bonds, stocks are undervalued. And with that comparison tied directly to bond yields, which are historically low and unlikely to see gains any time soon, Kolanovic believes that stocks will act as cash magnets in 2H20.He notes that the mega-cap growth stocks are hitting new record highs again – see Apple for a prime example – and that they are …read more […]

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Why Paypal Holdings (PYPL) Stock is a Compelling Investment Case

On July 14, 2020, Wedgewood Partners released its Q2 2020 Investor Letter, a copy of which you can download here. The Fund returned 27.13% for the second quarter of 2020. Meanwhile, the benchmark Russell 1000 Growth Index and the Russell 1000 Value Index gained 27.84% and 14.29%, respectively. You should check out Wedgewood Partners’ top […] …read more […]