When you think of a razor and blade business model, Gillette probably springs to mind faster than Intuitive Surgical (ISRG). But ISRG has an enviable model that combines the sale of its patented Da Vinci robots and recurring revenues from each surgery performed. Plus, it has a robust moat in the form of patents to deter and slow competitive threats.
» Read more about: 1 Stock To Buy Now and Hold For 10 Years »
Warren Buffett, the 91-year-old investor from Omaha, Nebraska, has made some of the best stock investments of all time, and with a net worth of over $127 billion, the proof is in the pudding. Perhaps his most successful investment of all time was in Apple, where his company, Berkshire Hathaway, made $120 billion –
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Crocs started selling its trademark footwear in 2002, and it rapidly became an iconic American brand. Before long, the shoes gained a global following, and today, more than 720 million pairs have been sold in 90+ countries.
Originally, there was just one style — a soft, lightweight sandal made from Crocs’ proprietary Croslite material.
Being a brand that knows its customer base well and serves them accordingly, such as becoming a leader in plant-based menu innovation,
Recreational marijuana is currently legal in 18 states, Washington, D.C., and Guam. While it remains illegal at the federal level, this is likely to change within the next couple of decades as the movement to legalize marijuana continues to gain support across the nation. As more states continue to legalize recreational marijuana use,
» Read more about: 3 Top Cannabis Stocks To Hold Long Term »
Buying the dip can be fraught with danger when picking a stock with poor fundamentals. But when a great company sells off, buying weakness can pay off in spades. One such great company that fits the bill and should be on your radar is Atlassian (TEAM).
Over the last twelve months, growth stocks in particular have declined in price significantly. Many of these beaten-down stocks offer buying opportunities, especially among long-term investors.
Two former hot stocks that could double your money now include: Block (SQ) and The Joint Corp (JYNT).
» Read more about: 2 Beaten-Down Stocks That Could 2x Your Money »
On December 4, 2020, Verizon shares were trading for about $61.50. That’s the highest price Verizon has ever managed to reach. From that moment, the price took a turn for the worse. Over the last 52 weeks, Verizon has been as high as $59.85 and as low as $49.68.
Although the share price has underwhelmed recently,
