President Trump needs a new director for his National Economic Council after Gary Cohn resigned.
There’s one candidate in the mix that may really please investors: Chris Liddell, who has served as chief financial officer for two blue chip American companies, GM (GM) and Microsoft (MSFT)
Liddell, like the former Goldman Sachs (GS) executive Cohn, has a background in crunching numbers and dealing with Wall Street.
The New York Times first reported on Saturday that Liddell was the “top contender” to replace Cohn. A senior White House official later confirmed to CNN that Liddell is a “possibility” as a replacement for Cohn. Liddell currently serves in the White House as the director of strategic initiatives, working closely with Jared Kushner.
Ivan Feinseth, director of research and chief investment officer at Tigress Financial Partners, said he did not think an ethics complaint filed against Liddell last year because of meetings he held at the White House with executives of companies that he owned stocks in would be a major issue either.
Hot Blue Chip Stocks To Own Right Now: CIM Commercial Trust Corporation(CMCT)
- [By Jack Delaney]
CIM Commercial Trust Corp. (NYSE: CMCT) acquires, owns, and operates office properties in the United States.
It has a portfolio of more than 100 buildings that is valued at a combined $25 billion, according to BizJournals.com.
- [By Joseph Griffin]
Crowd Machine (CURRENCY:CMCT) traded 9.6% lower against the US dollar during the 24-hour period ending at 0:00 AM ET on May 14th. Over the last week, Crowd Machine has traded down 49% against the US dollar. One Crowd Machine token can now be bought for approximately $0.0436 or 0.00000499 BTC on exchanges including Coinhub, BitForex and HitBTC. Crowd Machine has a market capitalization of $0.00 and $233,116.00 worth of Crowd Machine was traded on exchanges in the last 24 hours.
Hot Blue Chip Stocks To Own Right Now: Twitter, Inc.(TWTR)
- [By ]
St. Louis Federal Reserve Gov. James Bullard will speak Monday at the event around 10 a.m. ET. Later in the week Twitter (TWTR) CEO Jack Dorsey is expected to make an appearance.
- [By ]
No investor wants to wake up every morning and have to check Twitter (TWTR) for the latest presidential rant, but that seems to be the new normal. The Russian investigation is not going away any time soon, Cramer said, so this story will have to be one we live with for awhile.
- [By JJ Kinahan]
Some huge U.S. industrial companies report Q1 results in the days ahead, including Caterpillar Inc. (NYSE: CAT) on Tuesday and Boeing Co (NYSE: BA) on Wednesday (see below). Investors will also hear from two of the telecom industry’s biggest names in AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) this week, while info tech takes center stage Wednesday with Twitter Inc (NYSE: TWTR) and Facebook, Inc. (NASDAQ: FB).
Hot Blue Chip Stocks To Own Right Now: Atlas Energy, L.P.(ATLS)
- [By Max Byerly]
Atlas Energy Group (OTCMKTS: ATLS) and Transglobe Energy (NASDAQ:TGA) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings.
Hot Blue Chip Stocks To Own Right Now: Enstar Group Limited(ESGR)
- [By Stephan Byrd]
BidaskClub cut shares of Enstar Group (NASDAQ:ESGR) from a hold rating to a sell rating in a report issued on Saturday morning.
Several other analysts have also recently issued reports on ESGR. TheStreet cut Enstar Group from a b- rating to a c+ rating in a research note on Tuesday, May 29th. ValuEngine cut Enstar Group from a buy rating to a hold rating in a research note on Wednesday, May 2nd.
- [By Andy Pai]
Akre capital often holds positions for over ten years. As long as a company is able to keep increasing its economic value, the firm will hold a stock. Although the firm is a long-term investor, Akre doesn't attribute its success to ‘buy and hold' investing, but to the quality of the companies they buy. Some of the companies' long-term holdings have included Markel Corporation (NYSE: MKL), Dollar Tree, Inc. (NASDAQ: DLTR) and Enstar Group Ltd. (NASDAQ: ESGR).