So far this year, Warren Buffett has made massive energy bets, including his continued investment in Occidental Petroleum (OXY). The billionaire’s relationship with this once-troubled energy company began in 2019 and now looks like a long-term play.
What was once an opportunistic buy has turned into a significant partnership.
» Read more about: 1 Weird Buffett Stock You Won’t Want To Miss »
When you find a stock that pays an 8% dividend yield, you have to question its sustainability.
Medical Properties Trust (MPW) is one such stock, and while it may seem like a potential dividend trap, this healthcare REIT’s recent earnings were solid.
» Read more about: Want an 8% Dividend Yield? You Need to See This REIT »
Yesterday the market fell as the Fed hiked rates, and more importantly signaled that it would continue to do so for longer than originally expected. But you might be surprised to discover this market reaction was highly unusual for 2022.
We’ll get back to the market in a moment but first, a quick throwback.
There hasn’t been a start to the year as bad as this one since 1970. By June, the market had officially slid into bear market territory.
But among the laundry list of lemons, one compelling buy candidate now is Lemonade (LMND), a growth stock that fell out of Wall Street’s favor and collapsed from all-time highs of $81.68 per share to a recent 52-week low of $15.99 per share.
Buffett is no stranger to billion dollar bets. Despite how the market has been this year, his strategy has not changed. If anything, Buffett has been investing more aggressively by taking advantage of plummeting stock prices.
In the past, Buffett has been critical of Robinhood (HOOD),
» Read more about: Red Hot Robinhood Stocks Buffett Bets Big On »
Is your portfolio built to withstand terrible times? If not, the future could be bleak. At least, that is the takeaway after listening to Palantir boss, Alex Karp.
Karp spoke with early Palantir investor, Stanley Druckenmiller and shared perhaps the bleakest outlook on the future of any prognosticator in recent times. Indeed, if Karp is right,
» Read more about: Terrifying Prediction From Palantir Boss »
Usually you want to steer clear of a stock that has fallen by 91.8% but in the case of C3.ai the share price plunge since December 2020 might be an opportunity to pick up a world class stock at bargain basement prices.
The sexy ticker symbol, AI, isn’t the only attractive thing this advanced technology company offers to investors.
In the first quarter of 2022, Berkshire Hathaway (BRK.A)(BRK.B) purchased close to nine million shares of Ally Financial (ALLY), a digital bank that specializes in auto lending. He now owns around 30 million shares, valued at over $1 billion.
The market has punished Ally this year but is it missing something.
» Read more about: Buffett Buys Bank Shunned By Wall Street »
Snowflake (SNOW), a data warehouse built for the cloud, is a fully managed software service that offers a pay-as-you-go pricing model. Snowflake’s architecture handles all types of data, including structured, semi-structured, and unstructured data.
With the world rapidly changing to online data, Snowflake has been able to adapt to this change and provide its services through the internet.
» Read more about: 5 Reasons Buffett Bet Big On Fast Growth Stock »
Rental properties are a lot of work. Leaky plumbing is just the beginning. Tenants calling at all hours, damage to property, managing timely rent payments, and arranging utility bills are all par for the course.
The upside is earned income from rentals are classified as passive income from the IRS. Though, if you’ve been down in the trenches managing rental properties,
