Few investors know that sports apparel giant, Lululemon Athletica, was originally founded as a design studio by day and yoga studio by night. Fast forward to today, and the company is nothing short of a global phenomenon that last week made it into the S&P 500 club.
But what’s on the horizon now for this extraordinary apparel firm?
» Read more about: 1 Sports Apparel Stock Set To Keep Soaring? »
Despite its role as a low-fee trailblazer, 2023 has been a really rough year for Schwab, down 34% year-to-date. But recent developments hint at the fog of uncertainty lifting. Indeed, Schwab CEO Walt Bettinger described the company’s current struggles as a “dense fog.” This opacity primarily stems from deposit outflows, unrealized losses on securities, and rising interest rates.
» Read more about: Market Commentary: 1 Premier Bank Stock Bursts Higher »
In its latest 13F filing, Berkshire Hathaway bought and sold some stocks that paint a clear picture of what Buffett thinks the future of the economy will look like. Some old favorites he left untouched while others he sold off with abandon. Yet other stocks, he accumulated in spades.
What is Buffett buying and selling now?
» Read more about: Market Commentary: What’s Inside Buffett’s Portfolio? »
Chipotle has managed to do what few food companies ever achieve, keep prices low, win over customers with taste, and maintain high quality offerings. But recently one of those three ingredients was forsaken because the company hiked prices to combat inflation, which has a knock-on effect not only to you and me but to the broader economy.
» Read more about: Market Commentary: What Chipotle’s Bold Move Means For You »
Did you know that every 24 hours, Planet Labs captures imagery of every corner of the Earth? This trove of data is so extensive that it helped track a rogue Chinese spy balloon all the way back to its point of origin.
Similar to a search engine, Planet Labs aims to organize massive amounts of Earth-related data.
» Read more about: Spotlight: The Next Bloomberg Terminal? »
Sometimes the future arrives early and that certainly seems to be the case for JD.com, which owns a fleet of drones for rural delivery services that serve 30 million people in remote parts of China.
Did you know that Eli Lilly and other pharmaceutical companies have sold approximately 10.6 million shots of obesity drug doses in the U.S. in a single month? The rise of these injectable weight loss medications is so powerful that it’s causing investors to question the future of even staple food and beverage stocks.
While this aspect alone could secure Eli Lilly as the pharmaceutical golden goose you’ve been looking for there is much more than meets the eye.
» Read more about: Market Commentary: The Meteoric Rise of Eli Lilly »
Warren Buffett may have tossed to the curb his only Real Estate Investment Trust, STORE Capital Corp., but he’s not exiting the property business entirely. The latest 13F filings indicate Berkshire Hathaway invested in multiple U.S. homebuilders including D.R. Horton and Lennar Corp.
In Q2 2023, Berkshire acquired 5,969,714 shares of D.R. Horton,
» Read more about: Market Commentary: Warren Buffett’s Latest Moves Will Shock You »
One of Warren Buffett’s old favorites, Brazil’s StoneCo, has emerged with a strategy that may create a U-turn in it share price. What was once a $25 billion company has crashed to just $3 billion and change in market capitalization.
Yet StoneCo hasn’t been knocked out for the count yet. It surprised investors with an announcement that signaled it was bullish on its own company via a R$300 million (approximately $58.2 million) share repurchase program.
» Read more about: Market Commentary: $25 Billion Stock On Sale 90% Lower? »
When Warren Buffett, the Oracle of Omaha and Berkshire Hathaway’s CEO, decided to make Apple his largest holding, many heads turned. Traditionally, Buffett steered clear of the tech sector. Yet, Apple accounts for almost 50% of Berkshire Hathaway’s portfolio.
Buffett’s initial investment in Apple dates back to the first quarter of 2016. If you had followed his lead back then,
» Read more about: How Apple Obliterates Google and Microsoft »
