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Norwegian Cruise Line: There Is Light at the COVID Tunnel, Says 5-Star Analyst

Remaining afloat has become more than just a scientific feat for the beleaguered cruise industry. It has, figuratively, been the first port of call for cruise line operators during the pandemic. The global grounding of the entire industry has raised questions whether cruise lines can make it through the COVID-19 storm.For Tigress Financial’s Ivan Feinseth, one company to certainly sail through to the other side will be Norwegian Cruise Line (NCLH). The 5-star analyst anticipates NCLH will “overcome COVID-19 pandemic headwinds and emerge a stronger, and even better-positioned industry leader.” Feinseth has a list of reasons to back up his …read more […]

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Aurora Cannabis (ACB): The Stock Is Too Hot on U.S. CBD Entry

In just a couple of weeks, Aurora Cannabis (ACB) has surged back to a rich valuation. The most recently news has the Canadian cannabis company entering the U.S. CBD space via an acquisition set to close in June.The stock originally surged over 36% on the news leading to an increase in the stock value by over $500 million. Aurora Cannabis has cooled off some following the weak quarter from Canopy Growth, but investors need to realize that the CBD space in the U.S. is still held back by FDA restrictions. Wall Street is not convinced that Aurora’s reward is worth …read more […]

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Credit Suisse hikes Apple price target, credits App Store growth

Despite having a cautious view on the iPhone, Credit Suisse raised the price target for Apple, crediting the growth from the App Store. Credit Suisse maintained the Neutral ratings however because the stock is close to its all time highs, claiming that it advises investors to wait for a lower point of entry.
…read more […]

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The Secret of Great Wealth… and of Life

Many Americans are financially stressed due to the pandemic, but healthy financial habits will help.
And, as Alexander Green shares today, it’s important to set goals and understand what being wealthy means.

This year’s pandemic has added stress to a lot of people’s lives.
Work stress. Family stress. Health stress. And, of course, money stress.
A recent CNBC poll found that “90% of Americans feel anxious about money due to the COVID-19 pandemic.”
Financially stressed men and women face greater physical and mental health challenges.
During the last financial crisis, people who worried about their finances reported greater back and muscle tension, more ulcers and digestive …read more […]

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Hedge Funds Watching Transenterix Inc (TRXC) From Afar

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […] …read more […]

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Do Hedge Funds Love Palatin Technologies, Inc. (PTN)?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]

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Airlines Surge Toward Best Week Ever, and Trump Needles Buffett

(Bloomberg) — U.S. airline shares headed for a record weekly gain as investors bet that travel demand was poised to rebound.American Airlines Group Inc. and United Airlines Holdings Inc. climbed for a fifth straight day on signs that passengers were returning after the Covid-19 pandemic devastated demand. Friday’s surge — amid a broad rally on encouraging economic news — was big enough to spur President Donald Trump to tease billionaire Warren Buffett for dumping airline shares.“He’s been right his whole life, but sometimes even somebody like Warren Buffett — I have a lot of respect for him — they make …read more […]

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Grubhub Jumps on Deal Inquiries From Just Eat, Delivery Hero

(Bloomberg) — Grubhub Inc. shares jumped after news that Europe’s Delivery Hero SE and Just Eat Plc expressed interest in exploring a deal.Uber Technologies Inc. has also been in talks with Grubhub about an acquisition, Bloomberg reported last month. CNBC reported Friday on interest from the other two companies, and Grubhub’s stock jumped more than 7%.Although the European companies have made inquiries, the talks with Uber are far more advanced, two people familiar with the matter said. Spokespeople for Delivery Hero and Just Eat declined to comment, and a spokesperson for Grubhub didn’t immediately respond to a request for comment.Food …read more […]

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3 Big Dividend Stocks Yielding Over 7%; Wells Fargo Says ‘Buy’

We’re in perplexing times. At this writing, the S&P 500 index stands at 3,201, just 5.5% below its all-time high. That high, reached back in February, came the day before the bottom fell out of the stock market, as the coronavirus crisis triggered the steepest, deepest – and fastest – stock market drop on record. And now we are in the midst of a prolonged bull-rally, as the markets have been trending upwards since bottoming out on March 23.What’s an investor to do? The natural inclination during a bear market is to defend the portfolio and make conservative plays toward …read more […]

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Should You Buy Halliburton Company (HAL)?

We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […] …read more […]

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Trump Says Even Buffett Makes Mistakes With His Airline Exit

(Bloomberg) — President Donald Trump chided Warren Buffett’s recent move to exit his bets on the airline industry.“He’s been right his whole life, but sometimes even somebody like Warren Buffett — I have a lot of respect for him — they make mistakes,” Trump said Friday in a news conference at the White House. “They should have kept airline stocks, because the airline stocks went through the roof today and others did too.”Buffett abandoned his investments in four major U.S. airlines in recent months as the coronavirus pandemic swept the nation, curbing travel across the globe. He started piling into …read more […]