The title of this article may generate strong responses from some, who will reply: “never!” And indeed, if a value trap is defined as a stock that is not a value, then clearly a value trap is never a value. (There aren’t many rich dialetheists on Wall Street.) But let’s take a more nuanced view of a value trap and follow Investopedia.com in defining a value trap, which I....More>>>
Prices of digital currencies rallied Wednesday, with the No.1 cryptocurrency by market cap, bitcoin, trading through $9,000 a coin to an intraday high of $9,367.95 an 11-day high.Hot Heal Care Stocks....More>>>
As the Federal Reserve prepares to begin paring the size of its $4.5 trillion balance sheet next month, analysts at Deutsche Bank on Wednesday warned that what they have dubbed the great central bank unwind is one of several candidates for creating the next financial crisis.
When looking for the next financial crisis, its hard to escape from the fact that were seemingly in the early stages....More>>>
Ambarella (NASDAQ:AMBA) is primarily known for supplying image processing SoCs (system on chips) for GoPro’s (NASDAQ:GPRO) action cameras. As a result, Ambarella’s stock often rose and fell with GoPro’s in the past.
But over the past few quarters, Ambarella reduced its dependence on GoPro while increasing its presence in adjacent markets. That’s why Ambarella’s....More>>>
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., laughs while playing cards on the sidelines of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska on Sunday, May 1, 2016. (Photo Credit: Daniel Acker/Bloomberg)
Warren Buffett made $12 billion in 2016 and reclaimed his position as the second richest person in the world.
How did he do....More>>>
One of last week’s biggest winners wasGroupon (NASDAQ:GRPN), soaring 30.2% after posting strong quarterly results.Revenue clocked in at $934.9 million for the fourth quarter, up a mere 1.9% for the top dog in daily deals.
Checking in with less than 2% in top-line growth may not seem very impressive, but it’s all relative. Groupon’s been retreating out of poorly performing....More>>>
Synchrony Financial (NYSE:SYF) is trading at a PE for 2018 of 10.6x with a yield of 1.7%. The business is growing well organically and has abundant capital. All this gives you three reasons to own SYF: nice value, growth and capital return (which might segue into a boost to growth).
Let’s start with the capital: CET1 ratio of nearly 18% at 3Q16 on a Basel III fully phased in basis.....More>>>
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for....More>>>
Bob Rodriguez: Trump Might Be Acting; Huge Financial Crisis Still Looming
DOJ Files to Halt Thrivent Case Against DOL Fiduciary Rule
Major Risks Are Looming for US Economy: Merrills Ethan Harris
The Office of Management and Budget scheduled a 2 p.m. meeting Tuesday with AARP to discuss the delay of the Department of Labor’s fiduciary rule implementation.
The U.S. and U.K. governments stunned the world this week by declaring passengers would be forbidden from carrying many electronic devices aboard flights from airports across the Middle East and North Africa.
The sudden moves, attributed to fears terrorists could plant explosives in devices bigger than a smartphone, left airlines scrambling and travelers confused about what to do with....More>>>