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Don’t “Disrupt” Your Investing

Disruptive technologies and story stocks are very seductive for investors because they promise dramatic results.
But, as Nicholas Vardy explains, investing in these companies is not the best way to grow your wealth.

“You never know who’s been swimming naked until the tide goes out.”
– Warren Buffett
Harvard Business School professor Clayton Christensen passed away last month.
A rock star among business school academics, Christensen coined the phrase “disruptive innovation” in the mid-1990s.
The phrase refers to when a smaller company with fewer resources shakes up an industry. By delivering a groundbreaking product or service, it causes incumbent giants to stumble.
Examples of today’s disruptive innovations …read more […]

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Lyft Stock Rises as Earnings Report Approaches

Lyft stock got off to a rough start after its initial IPO in March of 2019. However, the ridesharing company looks to turn things around in 2020, gaining 8.95% over the past month before its next earnings report in the coming weeks.

Lyft Stock Performance Review in 2019
Lyft (NASDAQ: LYFT) made its initial public offering on March 29, 2019 at $72 per share for a valuation of $20.6 billion. This was up from the original projections of around $60 to $70. Yet, Lyft stock started strong that day, opening at $87.33 due to rising interests.
Unfortunately, it wasn’t a great day after …read more […]

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Analysts: These 3 Dow Jones Stocks Look Like Solid Buys After Earnings

There are thousands of stocks traded in the major exchanges, and it’s not easy to track their movements. A head for numbers helps, but so does a knack for timing. Understanding both helps to make sense of the earnings season.Once every quarter, publicly traded companies are required to release their financial results – revenues, sales numbers, earnings, and the like. These are the metrics that stock followers use to decide their investment allocations, and share prices tend to rise and fall on the expectations, and the realities, of the quarterly reports.Just last week, three great stalwarts of the Dow Jones …read more […]

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Tesla Tops $900 in Parabolic Surge, Spurring Analyst Downgrade

(Bloomberg) — Tesla Inc.’s parabolic surge above $900 a share on Tuesday drew New Street Research analysts to downgrade the stock to neutral from buy in the midst of a 2020 rally.The group of analysts led by Pierre Ferragu think the stock is “still attractively valued for the long run” with shares priced in the middle of the range for the group’s 2025 expectations. New Street highlighted “limited sources of further” stock appreciation over the next year as the driver for the downgrade.Tesla surged as much as 16% in pre-market trading, briefly topping $900 per share, and setting the stock …read more […]

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ConocoPhillips misses profit estimates, boosts share buyback

Investors have made higher returns a key priority, pressing oil and gas drillers to boost buybacks and dividends instead of growing production at a time when commodity pricing remains volatile. ConocoPhillips said in November it would boost its oil and gas production by about 3% per year, restrain annual spending to about $7 billion and return $50 billion to shareholders over the next decade. On a per share basis, it earned 76 cents, while analysts had expected a profit of 80 cents, according to IBES data from Refinitiv. …read more […]