Avangrid (NYSE:AGR) is a fairly new utility company, having been formed in 2015 through the merger of UIL Holdings and Iberdrola USA. The company operates in two segments: Avangrid Networks and Avangrid Renewables. The company expects earnings to grow at 8-10% per year, which will lead to dividend growth. *Much of the following information is taken from the November 2016 Investor Presentation to....More>>>
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Another financial-sector company is fighting to keep its name secret as it challenges the power of the Consumer Financial Protection Bureau to bring an enforcement action.
The company—identified only as “John Doe” in Washington federal....More>>>
While what really matters for valuation in the long run is profits, in the short run some companies are awarded a premium valuation based on having a vastly superior growth rate. Tesla (TSLA) is famously posting massively negative earnings, losing $23,697 per car in the most recently reported quarter (3Q 2017) alone, so it is clearly not valued on a multiple to current profits.
The shuttered Trump Taj Mahal casino in Atlantic City has found a buyer.
The new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe.
President Trump once operated the hotel, but financed the project with junk bonds and could not cover their payments. He parted ways with the place in 2009.
Carl Icahn, who serves as an adviser....More>>>
The improvement in the oil market is starting to have a noticeable impact on RigNet’s (NASDAQ:RNET) financial results. While the company lost money again in the first quarter, revenue rose sharply versus the year-ago period due to the impact of improving market conditions and recent acquisitions. Those two catalysts should continue acting as tailwinds in 2018, which looks like it will be a....More>>>
Billionaire investor Warren Buffett sees the value of Apple differently than most Wall Street analysts, CNBC’s Jim Cramer said Friday.
“Analysts after analysts said if you look at the mosaic of [iPhone] orders, it’s got to be a bad quarter,” said Cramer, whose charitable trust owns shares of Apple. “[Buffett] obviously does not think about the quarter. He thinks....More>>>
A couple of weeks ago, the latest round of "13F" forms came in… Folks who manage at least $100 million need to file these forms each quarter with the U.S. Securities and Exchange Commission… They reveal all of the filers' stock holdings. So if you know where to go and whose 13Fs to look at, they can be a great source for trading and investment ideas. ....More>>>
Deere & Co., founded in 1837, makes tractors and other agricultural equipment that helps farmers grow crops to feed the planet.
Snap Inc. is less than six years old and lets people take pictures of themselves with cartoonish dog ears and noses.
But the parent company of Snapchat — which isn’t making any money yet, by the way — is now worth more than Deere.....More>>>
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Value investors get a bad rap. Sometimes, value investing is referred to as “cigar butt” investing, in that picking up cheap, undervalued stocks is equivalent to picking up mostly smoked cigars off of the sidewalk. A good friend and colleague of mine used to call me a “dumpster diver”. Guilty.
Why value? Personally, I hate overpaying. The old Wall Street maxim “buy....More>>>