T. Boone Pickens is one of the best energy investors on Earth, and right now hes quietly accumulating a position in one little-known pipeline company – Enterprise Products Partners LP (NYSE:EPD).
The oilman made a fortune in the energy patch; first as a wildcatter through the 1960s, then as a corporate raider in the 1980s, and most recently as a trader through his hedge fund BP Capital. For this reason, I always watch where hes putting new cash to work. And right now, hes making some big bets on pipelines.
In recent quarters, the billionaire has increased his positions in names like Kinder Morgan, Inc. (NYSE:KMI), Williams Partners L.P. (NYSE:WPZ) and Energy Transfer Partners, L.P. (NYSE:ETP). Hes also backing up the truck on a new position: a 331,000 share stake in midstream giant Enterprise Products Partners.
Investors might be wise to follow suit.
The partnership is a play on the countrys second oil boom. New technologi es have unlocked vast quantities of oil and natural gas, even at todays low energy prices. The U.S. Energy Information Administration projects American oil output will average 10 million barrels per day in 2018, almost double the daily output from a decade ago.
what does invest mean: Biotricity (BTCY)
- [By Peter Graham]
On the other hand, small cap wearables stock Biotricity (OTCQB: BTCY)is a different wearables play as theCompanys mission is to revolutionize chronic care management by developing innovative solutions that bridge the gap between diagnostic care and disease management. A medical technology company, Biotricity is focused on delivering innovative, remote biometric monitoring solutions to the healthcare and consumer markets, including diagnostic and post-diagnostic solutions for chronic conditions and lifestyle improvement. Biotricitys R&D continues to focus on the preventative healthcare market, with a vision of putting health management into the hands of the individual. The Company aims to support the self-management of critical and chronic conditions with the use of innovative solutions to ease the growing burden on the healthcare system.
- [By Bryan Murphy]
As much progress as the remote medical monitoring device market has made in recent years, we’ve still only scratched the surface. The surface has been scratched though. The Dexcom G5 mobile glucose monitor from DexCom, Inc. (NASDAQ:DXCM) is one impressive example. Arguably the first and best entry in the race, DexCom has sent a clear message that consumers and caregivers are ready for a functional device that takes care of itself.
At the other end of the spectrum is a recent round of products that are less clinical in nature, and more broad-usage friendly. Devices like the Apple Inc. (NASDAQ:AAPL) watch and the Fitbit Inc (NYSE:FIT) line of products are both capable of monitoring heart rates and activity. On the other, neither does it all that well… not like one would expect in a clinical setting. Fitbit has run into a headwind of legal and reputational trouble since it’s been verified that its trackers aren’t all that accurate; Apple avoided such trouble largely because few consumers ever viewed its watches as medical-grade hardware.
The gap between the Dexcom G5 and the Fitbit fitness trackers, however, is where real opportunity lies. See, the entries to date have proven there is a market for mobile medical devices , but have also proven they have to work as well as the equipment one might expect to find in a doctor’s office or in a hospital.
It’s this subtle nuance that puts a young company called Biotricity Inc. (OTCMKTS:BTCY) in the spotlight, as it has melded mobile monitoring and quality monitoring, and is now in the midst of making sure they’re marketable… not just to consumers, but to insurance companies (which tend to pay a lot more than the average consumer does). Fitbit missed the mark on both fronts.
Biotricity is working two different but similar pieces of technology. One is called bioflux, for use by caregivers in a clinical setting, and the other is biolife individuals outside of a clinical setting. Neither is o
- [By Peter Graham]
Finally, small cap Biotricity (OTCQB: BTCY)is an entirely different wearables play as its a medical technology company whos mission is to revolutionize chronic care management by developing innovative solutions that bridge the gap between diagnostic care and disease management. More specifically, biotricity is focused on delivering innovative, remote biometric monitoring solutions to the healthcare and consumer markets -including diagnostic and post-diagnostic solutions for chronic conditions and lifestyle improvement. biotricitys R&D is focused on the preventative healthcare market as the company aims to support the self-management of critical and chronic conditions to ease the growing burden on the healthcare system.
- [By Peter Graham]
Sandhill.com recently interviewed the chairman, CEO and founder Waqaas Al-Siddiq small cap wearables stock Biotricity (OTCQB: BTCY) about how wearables benefit patients, integrate into healthcare systems and improve treatment compliance as well as how the cloud and the Internet of Things impact the medical wearables space. biotricitys is a medical technology company focused on delivering innovative, remote biometric monitoring solutions to the medical and consumer markets, including diagnostic and post-diagnostic solutions for chronic conditions and lifestyle improvement. biotricitys R&D focuses on the preventative healthcare market, with a vision of putting health management into the hands of the individual by supporting the self-management of critical and chronic conditions.
what does invest mean: Colliers International Group Inc. (CIGI)
- [By Lee Jackson]
A10% owner of Colliers International Group Inc. (NASDAQ: CIGI) wasadding to holdings last week. Spruce House Partners bought a total of 133,800 shares of the company at $42.05 per share. The total for the buy was listed at $6 million.
what does invest mean: Compagnie Financiere Richemont SA (CFRHF)
- [By SEEKINGALPHA.COM]
That’s good news to the luxury goods sector – from Swiss watches to high fashion and expensive cognac – for which Chinese consumers make up around 30 percent of all global sales. In a note to investors, analysts at investment firm Exane BNP Paribas expects growth to continue to trend upwards during 2017, with Swatch Group (OTCPK:SWGAY), Richemont SA (OTCPK:CFRHF), and Burberry (OTCPK:BURBY) the companies most likely to gain.
what does invest mean: Western Union Company (The)(WU)
- [By Brian Mathews]
Western Union Co. (NYSE: WU) is the leading independent provider of consumer money transfer services. After a rough couple of years and dealing with compliance and regulatory issues, WU has finally weathered the storm. Market share has stabilized and revenues have been slowly growing. One of Western Union’s strengths is its size in the industry. The money-transfer business is highly scalable because the incremental costs of processing additional transactions are minimal. This allows WU to have operating margins that are twice as large as its closest competitor. Also, since WU is a highly recognizable brand, consumers flock to use its services in comparison to its peers. Western Union submitted a bid to buy the Australian company OzForex. If this deal goes through, it will provide additional scale to WU, especially to a market clientele that is more affluent. With the troubling times behind the company and expansion on the horizon, e xpect WU stock to appreciate to $24.
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was The Western Union Co. (NYSE: WU) which jumped 3.6% to $20.28. The stocks 52-week range is $18.07 to $22.70. Volume was 11 million which is well above the daily average of around 5.8 million shares.
- [By WWW.THESTREET.COM]
You don’t need to be an expert technical trader to figure out the price action in shares of $10 billion payment services stock Western Union (WU) . Instead, the price action is more or less as simple as it gets. Since January, Western Union has been a “buy the dips stock”, bouncing its way higher in a well-defined uptrend. And shares are showing traders another buyable dip this week.
- [By Ben Levisohn]
Western Union (WU) soared to the top of the S&P 500 today after MoneyGram International (MGI) received a bid from Euronet Worldwide (EEFT).
Agence France-Presse/Getty Images
Shares of Western Union gained 3.5% to $20.27 today, while the S&P 500 fell 0.3% to 2,365.45.MoneyGram International surged 25% to $15.77, while Euronet Worldwide advanced 0.3% to $83.22.
Normally, two competitors linking up to take on the dominant player in the industry might be considered bad news. BTIG’s Mark Palmer and Giuliano Bolognaexplain why the Western Union reaction”makes sense”:
While the surge in shares of MoneyGram (MGI, Not Rated) in response to the announcement by Euronet Worldwides (EEFT, Not Rated) that it had offered to buy the company for $15.20 per share in cash was easy to understand the bid trumped the bid of $13.25 per share that MoneyGram received from Alibaba (BABA) affiliate Ant Financial in late January what may have been surprising to some was the positive reaction of shares of MGI remittance competitor Western Union (WU, Buy, $23 PT) to the news.
With that said, we believe the uptick in WU shares makes some sense insofar as the competitive threat posed by EEFT may be perceived as less imposing than that represented by Ant, especially following reports in February that the latter was planning to raise as much as $3bn to fund global investments.
We also believe the second bid for MGI serves to underline the attractiveness and potential of the global remittance space, an industry in which WU is the clear leader. Moreover, we think the bid may have given rise to the notion that WU could be an acquisition candidate for another deep-pocketed firm that could lever off its global footprint and the strength of its brand.
Western Union’s market capitalization rose to $9.8 billion today, from $9.4 billion yesterday. It reported net income of $253 million on sales of $5.4 billion in
what does invest mean: E*TRADE Financial Corporation(ETFC)
- [By Chris Neiger]
This article will walk your through all the steps for setting up an individual E*TRADE (NASDAQ:ETFC) brokerage account, which should only take about five to 10 minutes to complete. If you want to compare offers from other brokers, or view their features, check out ourbroker comparison page.
- [By Jon C. Ogg]
E*Trade Financial Corp. (NASDAQ: ETFC) was up another 1.6% at $32.97. Ithas a total market cap of $9 billion, and over the past five trading days the stock has gained 17%. Shares of Morgan Stanley (NYSE: MS) were last seen at $39.09, up 17% in the past fivetrading days. The market cap is$74.7 billion.
- [By Dan Caplinger]
Meanwhile, E*Trade (NASDAQ:ETFC) decided to split the difference. Effective March 13, E*Trade’s commission structure will get split in two. Base rate customers will see their commissions fall from $9.99 to $6.95 per trade, matching TD Ameritrade. However, E*Trade created a new structure for active traders, defined as those who execute 30 or more trades every three months. For those customers, E*Trade will have $4.95 per trade commissions, and options charges will fall by a third, to $0.50 per contract. CEO Karl Roessner said that although “an exceptional customer experience is far more important to traders and investors than price, with our new commission structure, we are able to reward our most active equity and derivative traders and investors.”
- [By WWW.THESTREET.COM]
Franklin Resources (BEN) : “I’d rather see you in Morgan Stanley (MS) or E*TRADE Financial (ETFC) .”
Kinder Morgan (KMI) : “They are OK now, but there are better ones.”