We’re told we’re supposed to consistently set aside money for the future to avoid running outof it in retirement, but only half of U.S. workers are heeding that advice. New data tells us that 49% of Americans actively are saving for retirement — which means that half the workforce is at risk of retiring broke. Worse yet, only 16% of workers are very confident that they’ll....More>>>
Warren Buffett is known for being a long-term investor, and that’s one of the reasons why it’s so rare to see the Oracle of Omaha make major sales from his portfolio of publicly traded stocks at Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B). Yet Buffett also isn’t afraid to admit when he’s made mistakes. More frequently, when better investing opportunities come along, he’s....More>>>
Following past boom/bust cycles, the oil business appears to have bottomed in February 2016 at $27 a barrel. The bruising multi-year bust in crude oil prices was the biggest reason for the world stock market sell-off from late 2015 to early 2016 of roughly 15% overall. The cruel irony of ultra-low prices is its disruptive effect on regular exploration activity. A short-term oil market depression....More>>>
Field & Main Bank grew its stake in shares of Amgen (NASDAQ:AMGN) by 9.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,153 shares of the medical research company’s stock after buying an additional 345 shares during the quarter. Field & Main Bank’s holdings in Amgen were worth $708,000 at the....More>>>
The S&P 500 hit a bottom back in March 2009, spurring on a nine-year bull market. Odds are if you were in the market during this time you made some money, whether it was investing in the indices or equities. 24/7 Wall St. taking a look back to when the S&P 500 bottomed to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed out....More>>>
Whole Foods Market (NASDAQ:WFM) has had a bad time on the market over the past couple of months, losing over 16% of its value on the back of a weak financial performance in its last reported quarter. But, in my opinion, the recent drop in Whole Foods’ shares is an opportunity to buy more of the stock since there are tangible improvements being witnessed across Whole Foods’ operations....More>>>
(This article is in response to several of my readers who have requested I write a valuation assessment of Zynga)
My last article on Zynga (NASDAQ:ZNGA) was back in Feb. 18, 2016, (please consider: Put Zynga On Your Radar.)
My conclusion about the stock back then was:
Keep Zynga on your screen somewhere. Just keep an eye on it and follow the news very, very close. If you see....More>>>
In recent years, U.S. investors would have done well to avoid the rest of the world. But after years of poor results, foreign stocks are now a lot cheaper than their U.S. counterparts, enhancing their appeal for value-conscious investors.
Tool: Our Mutual Fund Finder
The list of one-year winners among funds that focus on large, growing companies features two funds from Harding....More>>>
By Ben Reynolds
Bank of Nova Scotia (NYSE:BNS) is the third-largest Canadian bank ranked by market cap.
Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion
Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend....More>>>
Qualcomm Inc. (NASDAQ: QCOM) reported second fiscal quarter 2017 results after markets closed on Wednesday. The chipmaker posted adjusted diluted earnings per share (EPS) of $1.34 and adjusted revenues of $6 billion. In the second quarter of 2016, Qualcomm reported EPS of $1.04 on revenues of $5.55 billion. The consensus analysts’ estimates called for EPS of $1.19 and $5.9 billion in revenue.