If the idea of brand could be connected to just one company, Coca Cola might well be it. One of the primary drivers behind Coca-Cola’s all-time high is its unparalleled brand loyalty. Coca-Cola has built a global brand that resonates with consumers across generations and that strong brand image has translated into steady sales and revenue growth.
» Read more about: Why Is This Buffett Stock At All-Time Highs? »
When it comes to investing, following the actions of top investors is a much smarter play than following their words. Take Warren Buffett, for example, who has a philosophy of betting on America long-term and a reputation for having a holding period of forever. You could be forgiven for becoming complacent about how long to hold a position if you listened to that advice.
» Read more about: Buffett Has Sold For 7 Quarters In a Row, What Happens Next? »
Lots of finger-pointing has taken place. Was it Buffett selling Apple? The jobs report? The unwind of the Japanese carry trade, which is essentially nothing more than borrowing at low rates in Japan and investing at higher yields in the US. Or was it the re-pricing from inflation concerns to recession worries?
Regardless,
The wild statistics are flying now. At the depths of the price action on Friday, the bearish tape was as bad as any seen since the COVID lows.
2% corrections in the Dow Jones Industrial Average, NASDAQ and S&P 500 all signaled broad-based selling and the obliteration of just about every sector.
Nothing was left unscathed.
In recent months, Chevron has garnered attention for winning the confidence of Warren Buffett whose Berkshire Hathaway has taken a large stake. But Chevron’s roots trace all the way back to the 19th century when it was originally part of the Pacific Coast Oil Company.
Since then, Chevron has evolved to become one of the largest and most diversified energy companies in the world,
» Read more about: Why Buffett Is All In On This Energy Stock »
Crowdstrike at this moment in time is the epitome of what makes investing challenging. The blackout experienced around the world due to an error in code left the reputation of the cybersecurity firm in tatters.
The company now faces two major hurdles to win back customer confidence. First, it has to win back the confidence of its clients and secondly it has to resolve the liabilities that may follow the global outage.
» Read more about: Is Crowdstrike a Risky Buy or a Golden Opportunity? »
While Microsoft, Alphabet and Amazon garner the headlines, Oracle Corporation (NYSE: ORCL) has quietly become one of the fastest-growing cloud infrastructure companies. Its cloud business grew by 47% year-over-year in the latest quarter and that rate of growth puts it firmly on the radar of investors looking for the next stock to join the Magnificent 7 grouping.
» Read more about: 1 Stunning Stock Set To Join Magnificent 7 »
The US debt now sits at $34 trillion and is growing by about $1 trillion every 100 days. A statistic came out recently that claimed 76% of all personal income tax is now going to service the national debt.
It’s for that reason Musk recently made the claim that the US is headed for bankruptcy.
» Read more about: Elon Musk Claims United States Will Be Bankrupt, Now What? »
It’s been something of a mystery how a company generating $30 billion in revenue and spitting out $5 billion in operating income is valued at just 2x sales yet that’s precisely the case with PayPal.
Across a host of metrics, PayPal seems like a cheap stock. For example, the price-to-earnings ratio is just 14x,
» Read more about: Got $6,000, Here Is 1 Cheap Stock To Buy Now »
One of the more unexpected tailwinds for healthcare stocks in recent years has been the weight-loss frenzy brought about most notably by Ozempic.
Novo Nordisk’s drug was such a hit that the share price soared by 62% over the past year alone. Yet it’s not the only game in town. Eli Lilly’s weight-loss drug,
