Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or....More>>>
By Rob Otman
Macy’s (NYSE:M) is a mid-cap company that operates within the multiline retail industry. Its market cap is $9 billion today, and the total one-year return is -17.11% for shareholders.
Macy’s stock is underperforming the market. It is beaten down, and missed earnings expectations on Thursday. So is it a good time to buy? To answer this question, we’ve....More>>>
One of the most difficult aspects of trading is timing the market. Odds are if you have been in the market over the past nine years, most likely you made some money. This bull market began in March of 2009, and 24/7 Wall St. is looking back to see how some major blue chip stocks compared to the broad markets over this time.
Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and....More>>>
We have been fans of DNB (OTCPK:DNHBY) (OTCPK:DNBHF) for quite a long time now. It is the largest financial services group in Norway, and, more importantly, one of the safest banks in the world. A little less than a year ago, we said that DNB was offering a ‘once-in-a-lifetime’ buying opportunity. Our high-conviction contrarian call was based on the fact that DNB was trading at a very....More>>>
Legacy Reserves LP (NASDAQ:LGCY) hit a new 52-week high and low on Tuesday . The stock traded as low as $8.74 and last traded at $8.63, with a volume of 42189 shares. The stock had previously closed at $8.36.
Several equities research analysts have weighed in on LGCY shares. ValuEngine raised Legacy Reserves from a “sell” rating to a “hold” rating in a report on Wednesday,....More>>>
While looking through my portfolio, I realized I hold 300 shares of General Electric (NYSE: GE) from way, way back. I used to own 1000, but sold most off long before the financial crises. I’ve pretty much committed myself to just hold these shares, come whatever, and see what happens. I’ve invested the proceeds from the 700 sold shares well over the years, so GE is very small part of....More>>>
Today, I will show you how to take our very best investment ideas and make them 10 times better… That's right. Using this simple strategy, I believe every individual investor managing less than $10 million can earn 50% a year in safe stocks. Returns at this level can transform your retirement… or even build generational wealth. But this doesn't mean....More>>>
Doug Hughes focuses on lesser-known, small cap regional banks; the editor of Bank Newsletter looks for banks that operate in attractive regional markets, often ones that would be attractive acquisition targets.
AvidBank Holdings (AVBH) has the fastest growth of any bank out there and yet is still one of the safest with almost no bad loans, and a great, great market area in Palo Alto,....More>>>
Rick Rieder, global chief investment officer of BlackRock’s over trillion dollars in assets fixed income business, is as heavy a hitter as it gets in the bond market. But for an investing guru synonymous with debt markets, Rieder is extremely bullish on U.S. stocks over the next one-to-two years.
Presenting at the inaugural Forbes and Shook Research Top Financial Advisor Summit....More>>>
For at least one Chinese company, the Trump family is good for business.
While President Donald Trump promises tough talking on trade when he meets his Chinese counterpart Xi Jinping this week, his daughter’s clothing brand continues to take advantage of the country’s low cost production.
“Ivanka is a very good client,” said Zhang Huarong, chairman of Huajian....More>>>