David Einhorn, the esteemed founder of Greenlight Capital, is widely recognized for making a killing during the Great Recession when he shorted the market. Nowadays, the investment world is curious about where Einhorn finds potential in the current market, particularly which stocks in his portfolio are poised for significant growth.
While the S&P 500 rallied from its October lows, crude oil prices and the shares of energy companies like Conoco Phillips, have declined. This trend, however, may present an investment opportunity as undervalued assets like COP become attractive.
Conoco Phillips’ stock, tracking the oil futures, showed a decline until a notable recovery in mid-December,
» Read more about: Market Commentary: 1 Oil Stock With Barrels of Upside »
If you were going to buy just one stock, you would want it to have some key characteristics, and among the best is a share price that increases with the market but holds steady when markets fall.
In 2022 when the market fell by 20%, Berkshire Hathaway treaded water, essentially beating the market by 20%.
» Read more about: 1 No-Brainer Stock to Buy Now with $360 »
Imagine you wanted to earn passive income forever more, how would you go about picking stocks likely to pay a yield large enough that it will be lucrative but low enough to ensure it’s sustainable?
The latter part of the sentence is the key because it’s always possible to find companies that pay sky high yields,
» Read more about: Market Commentary: How To Earn $5,000 Per Year Forever »
You may not be familiar with Global Blue but it’s certainly grabbed the attention of the investment team at Third Point, run by billionaire Dan Loeb, who have got excited about it and understandably so when you peel back the covers.
The company specializes in tax-free shopping but it’s expanding into financial technology services,
» Read more about: Spotlight: Billionaire Loads Up on Unlikely Stock »
Chevron and Occidental Petroleum are two oil stocks garnering a lot of attention these days, primarily because both are held in the esteemed portfolio of Warren Buffett.
But a closer examination of them both and their rivals suggests another oil stock may be a much better deal right now. So, is it time to buy?
The story and hype around artificial intelligence drove a whole wave of technology stocks higher in 2023. Some of the gains were well-deserved and others, like Broadcom, might have mushroomed to unsustainable levels for 2024.
We took a peek at the financials to see if the current valuation matches with the price and,
Warren Buffett has spent his life building Berkshire Hathaway, a firm he describes as a mosaic that will never be completed. You would think that having put so much of his heart and soul into painting this canvas that he would surely advise his beneficiaries to cling on to Berkshire shares with a tight grip after he has passes on.
» Read more about: 1 ETF Buffett Prefers Over His Own Berkshire »
Have you got your seatbelts on as this market thrusts higher like a rocket attempting to escape orbit?
Extraordinarily, the market is up 23% for the year, yet the vast majority of that gain has come in the space of just 6 weeks.
Back in early November, the chatter around where the S&P 500 would end up centered around bearish targets.
» Read more about: Market Commentary: Get Ready For Market Climax Top »
If you look down the list of dividend stocks that Warren Buffett’s Berkshire Hathaway owns, the highest yielding one will surprise you and it’s not apparent at first glance.
A cursory examination of his portfolio would suggest that the highest paying dividend stock is Citigroup, which pays a 4.3% yield and represents a 0.7% stake.
» Read more about: Buffett’s Top Dividend Stock Will Surprise You »
