As if finding bargain-priced stocks in a sky-high market werent difficult enough, investors who hunt for undervalued names face the threat of succumbing to value traps. These stocks masquerade as temporarily beaten-down shares of promising companies, but are, in fact, trading at depressed prices because of long-term problems with the business. The difference between true value plays and value....More>>>
Late last week, small cap algae commercialization stockAlgae Dynamics Corp (OTCQB: ADYNF) announced a research agreement with the University of Waterloo to perform fundamental research on cannabis oil and its constituents in the context of the development and treatment of cancers of the colorectum, pancreas, breast and prostate. This announcement follows a previously announced new strategic initiative....More>>>
What to do about Kraft-Heinz (NASDAQ:KHC)? One of Berkshire Hathaway’slarger holdings (Berkshire owns roughly 26.7% of shares outstanding, controlling the company in tandem with Brazilian investment firm 3G Capital),Kraft’s stock has tumbled roughly 28% in 2018, as the consumer packaged foods industry (“CPG”) has come under pressure.
In addition, the market is growing....More>>>
Atria Investments LLC decreased its holdings in shares of Kraft Foods (NASDAQ:KHC) by 14.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,418 shares of the company’s stock after selling 1,084 shares during the period. Atria Investments LLC’s holdings in Kraft Foods were worth $400,000 as of its most recent SEC filing.....More>>>
Conventional wisdom suggests that investors should find safe stocks to buy. Penny stocks and potential “triple-baggers” might be more exciting and a big win might provide a better story, but experts will tell you the smart play is to benefit from compounding returns in safe, stable stocks.
That general strategy is similar to that followed by Warren Buffett with Berkshire Hathaway....More>>>
Mexico’s frontrunner has just clocked a new milestone in his race toward the presidency, distancing himself from his rivals by 22 percentage points in a new poll ahead of the July 1 election.
Andres Manuel Lopez Obrador, whose economic proposals have unsettled investors, was backed by 48 percent in a poll by Reforma newspaper, while support for Ricardo Anaya of a right-left coalition....More>>>
Philippine central bank Governor Nestor Espenilla said he’s recovering from an early stage tongue cancer diagnosed in November, assuring that it won’t distract him from work.
“My doctors say I’m now cancer-free,” Espenilla, 59, said in a mobile-phone message to reporters from Jerusalem, where he’s on pilgrimage with his wife and friends. The governor....More>>>
Friday was a strong day on Wall Street, as major benchmarks finished higher by 1% to 2%. Market participants focused their attention on the April jobs report, which included a drop in the unemployment rate to 3.9%, its lowest level in more than 17 years. Nonfarm payroll gains of 164,000 weren’t extremely strong, and some saw wage growth of just 2.6% as bad news for workers. Yet from many investors’....More>>>
Despite pulling back a bit in the past week, the U.S. broad markets still are up 3% or so in the past month. Not to say that this has been entirely the result of earnings, but its been a big help, along with a strong push in crude oil as well. If we continue to see solid fundamentals from company earnings, markets should continue to rise.
24/7 Wall St. has put together a preview of some of....More>>>
They may be the farthest from retirement, but a higher percentage of Millennials are contributing to their 401(k) retirement savings plans than Gen Xers or Baby Boomers, a new report by Bank of America Merrill Lynch says.
About 82% of Millennials are contributing to their 401(k) plans, compared to 77% of Gen X and 75% of Baby Boomers, says BofA’s Plan Wellness Scorecard.