Got $6,000, Here Is 1 Cheap Stock To Buy Now
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, a smidge below the 15x line in the sand that Buffett is largely believed to favor. » Read more about: Got $6,000, Here Is 1 Cheap Stock To Buy Now »
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5 Reasons Buffett Bet Big On Fast Growth Stock
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 »
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Will Teladoc Stock Soar or Crash?
After hitting a high of $292.51 per share in February 2021, Teladoc (TDOC) shares plummeted by over $250 per share. This year alone the price of TDOC shares has plunged by over 67%.
Still, there’s plenty to like and the bull case has merit.
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Got $7,000? 2 Stocks Popping This Year
Amid a shaky market in 2022, Veru (VERU) and Chevron (CVX) are two stocks that have popped, but is it too late to add them to your portfolio?
Veru
Veru is one of the few hot stocks this year that has beaten the market by quite a margin.
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Is This Old Buffett Favorite Now Worth Buying?
Once upon a time Wells Fargo was beloved by Warren Buffett. Despite scandal after scandal plaguing the company, his conviction couldn’t be shaken, until finally the accumulation of issues appeared to spark a sell.
As a reminder, here are the scandals that rocked Wells Fargo over the years:
- September 2016: The fake account scandal
- September 2016: Improperly repossessing service members’ cars
- December 2016: Wells Fargo fails its ‘living will’ test
- March 2017: More fake accounts
- March 2017: Flunked community lending test
- April 2017: Whistleblower wins $5.4 million and his job back
- August 2017: Lawsuit over overcharging small business retailers
- February 2018: Sacramento sues over discrimination against black and Latino borrowers
- March 2018: Wealth management investigation emerges
- April 2018: $1 billion settlement for mortgage locks and auto-loan issues
- May 2018: Altering business information without client knowledge
- May 2018: $480 million to settle securities-fraud lawsuit
- June 2018: SEC fine for leading investors astray
- July 2018: Refunds over add-ons like pet insurance and legal services
- August 2018: Hundreds of houses foreclosed on due to computer glitch
- August 2018: Wells Fargo pays $2.1 billion for its role in housing bubble
- March 2019: Wells Fargo among advisors sanctioned by SEC for fee-disclosure practices
Since Buffett offloaded his position,
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Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet
News just came out that Warren Buffett was back in the market buying again and this time the stock comes as a bit of a surprise, it’s Pool Corp.
On the back of the news, Pool share price popped 3% as a stampede of buyers flooded in after the Oracle of Omaha. So what is it about this swimming pool supplies company that has piqued the interest of the 93 year old billionaire?
» Read more about: Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet »
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Market Commentary: Buffett Loaded Up On 1 Stock Every Quarter For 5 Years
Warren Buffett may be old but he’s fearless when it comes to making massive bets. One such outsized investment is Apple, which now represents close to 50% of his equity portfolio (see below).
Imagine having so much conviction in a single company that you allocate half your money to it. Now further consider having a portfolio the size of Buffett’s and making that same bet.
» Read more about: Market Commentary: Buffett Loaded Up On 1 Stock Every Quarter For 5 Years »
Read MoreThe Daily
Dow Jones Top Energy Headlines at 7 AM ET: Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar | The …
Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar
Elon Musk calls the Senate’s latest version of the spending bill ‘utterly insane and destructive.’
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The Oil Tycoon and the Philosopher Threatening Big Oil’s Bet on Carbon Capture
The fraught politics of carbon capture are dividing the oil industry.