Reckitt Benckiser (OTCMKTS:RBGLY) has received an average rating of “Hold” from the eight analysts that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on th
Research firm Newzoo recently reported that five games dominated the U.S. PC market in April: Activision Blizzard's (NASDAQ:ATVI) Hearthstone and Overwatch, Tencent's (NASDAQOTH:TCEHY) League of Legends, Epic Games' Fortnite, and PUBG Corporation's PlayerUnknown's Battlegrounds(PUBG).
Q: The stock market seems to be reaching new record highs every day. Are there any stocks that still look cheap?
Corporate earnings have exhibited pretty impressive growth as a whole over the past few years, so the market’s performance is somewhat justified. However, many stocks do look to be rather expensive right now — particularly in the tech sector. Yet some bargains remain.
Billionaire investor Warren Buffett used his widely-read annual letter to Berkshire Hathaway Inc. shareholders on Saturday to again call out the wasteful fees that many money managers charge. He highlighted the risk of bonds and emphasized the importance of sticking with a simple investment strategy, rather than chasing returns.
La-Z-Boy (NYSE:LZB) is currently operating in an industry that has lagged behind the growing economy. The company seemingly benefits from both ends of the business cycle: peak and contraction. The company benefits from new home sales through outfitting new homes with decor. Home sales are typically strong during the peak of the business cycle, which this company benefits from. LA-Z-Boy can also....More>>>
5 Major Medicare Changes in the New Anti-Shutdown Bill
Ric Edelman to Advisors: Your Advice to Clients Is Fatally Flawed
Concerns about the independence of the Federal Reserve may be exacerbating turmoil in financial markets, says David Kotok, co-founder and chief investment officer of Cumberland Advisors, which has $2.9 billion....More>>>
After two years of lackluster returns, the price of a single coin soared more than 100% this year putting bitcoin on track for its best annual performance since 2013. A wave of exuberance carried bitcoin from around $90 in January of that year to an all-time high of $1,242.
Bitcoins market capitalization sailed past $14.5 billion as the price of a single....More>>>
Fidel Castro, Cuba's longtime president, died late Friday night at age 90. It would have been so much better if he had lived just a few more days. You see… on Friday, the Herzfeld Caribbean Basin Fund (CUBA) – an exchange-traded fund of companies that do business in Cuba and other Caribbean countries – closed at a 14% discount to its net asset value (NAV). The holdings....More>>>
Morgan Stanley’s David Risinger and team give their thoughts on one of the most pressing questions for investors in shares of Valeant Pharmaceuticals International (VRX)–when will it be safe to invest? The answer is unclear:
When will it be safe to go back into the water? Over the last few months, it seems every time investors thought that there....More>>>
Tredje AP fonden lowered its stake in Ralph Lauren Co. (NYSE:RL) by 6.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 16,720 shares of the textile maker’s stock after selling 1,110 shares during the period. Tredje AP fonden’s holdings in Ralph
Zacks Investment Research upgraded shares of Idacorp (NYSE:IDA) from a hold rating to a buy rating in a report released on Thursday. The firm currently has $99.00 price target on the coal producer’s stock.
According to Zacks, “In a year's time shares of IDACORP ha
Sustainable Growth Advisers LP reduced its position in Lowe’s (NYSE:LOW) by 50.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,774,429 shares of the home improvement retai
Allianz (FRA:ALV) has been assigned a €217.00 ($258.33) price objective by JPMorgan Chase in a research note issued on Monday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase’s price objective indicates a potential upside of 13.32% from the stock
Doliver Capital Advisors LP increased its holdings in shares of Ishares S&P 500 (NYSEARCA:IVV) by 2.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,234 shares of the company’s stock after acquiring an a