Investment company Bridges Investment Counsel Inc buys Berkshire Hathaway, First National of Nebraska, iShares Core S&P Small-Cap, iShares Russell 1000 Growth, Tiffany, Monsanto Co, Gilead Sciences, Fiserv, Coca-Cola Co, Vanguard REIT ETF – DNQ, sells Union Pacific, Mastercard, Apple, Chevron, International Business Machines during the 3-months ended 2017-03-31, according to the most recent....More>>>
March 20, 2017: Markets opened slightly lower Monday and traded close to the break-even line all day. Leading indicators and consumer sentiment readings were both strong. Only the materials sector traded high late in the afternoon while energy and utilities were the laggards. The blue chips were performing best. WTI crude oil for April delivery settled at $48.22 a barrel, down 1.2% on the day. April....More>>>
At $257,200.00 a share, investing in Berkshire Hathaway Inc. (NYSE: BRK.A) is simply not an option for most retail investors like us. But the nearly 50 other “Warren Buffett stocks” that Berkshire invests in come at a much lower price point.
While we at Money Morning don’t recommend all of Warren Buffett’s stock picks for retail investors, our experts do like....More>>>
Sometimes a company pieces together a body of strategic and developmental work, explains its story — and progress — to the market, and investors slowly fall in love with the idea and gradually turn the heat up on the stock.
This is not one of those times. Although Cell MedX Corp (OTCMKTS:CMXC) has a great backstory, the chart came alive yesterday like someone flipped a switch.....More>>>
Yesterday, news broke that General Motors (GM) was considering selling its European business to PSA. Surprising? Yes. And it certainly wasn’t a part of the bullish argument Barron’s Johanna Bennett made for the automaker in January. But it’s an idea that actually makes quite a bit of sense, argues JPMorgan analyst Ryan Brinkman and team. They explain why:
LONDONThe British pound fell sharply against the dollar on Sunday ahead of a key speech by U.K. Prime Minister Theresa May in which many investors believe she could spell out an end to her countrys participation in European Unions single market.
The currency declined 1.6% against the dollar to $1.199. The pound dropped 1% last week after May repeated earlier indications that she was looking....More>>>
Tesla (TSLA) is rising Monday, thanks to a bullish note from Piper Jaffray.
Analyst Alexander Potter and his team boosted their rating on the car maker from Neutral to Overweight, and increasing their price target from $223 to $368. He writes that the call comes after driving a Tesla for seven months and meeting with the company last week.
He admits that....More>>>
Do we need to remind you how hard biotech stocks have been hit this year? If you read this blog, probably not, but we’ll do it anyway. The iShares Nasdaq Biotechnology ETF (IBB) has fallen 24%, while Gilead Sciences (GILD) has declined 8.7%, Biogen (BIIB) has fallen 17%, Celgene (CELG) has dropped 16%, and Regeneron Pharmaceuticals (REGN) has plunged 32%. Yet despite these drops–and....More>>>
Susquehanna’s Pablo Zuanic and team note that Keurig’s business in K-cups has been slowing ever since it was bought by JAB, a problem that could be solved in a very convoluted way by a Mondelez International (MDLZ)-Kraft Heinz (KHC) merger. They explain:
Keurigs plight (actually, JABs) is worsening, with the K-cup market slowing to almost no growth now,....More>>>