Philip Morris Surges 75%, Is Its Smoke-Free Pivot a Game Changer?
Shares of cigarette giant Philip Morris (NYSE:PM) have advanced considerably over the last year. The tobacco stock, long looked at mostly for its high dividend yield, has surged by over 75% in the last 12 months and over 20% in the last 30 days alone.
Why has PM stock rallied so far, and is now the time to consider getting into one of the tobacco industry’s longest-standing titans? » Read more about: Philip Morris Surges 75%, Is Its Smoke-Free Pivot a Game Changer? »
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Buffett Stock at 52-Week Low, Time to Buy?
Before it even had a formal product on the market, Snowflake had achieved a valuation of $3.5 billion, a clear sign of the confidence investors had in the firm’s innovative approach to data warehousing and cloud technology.
Snowflake’s disruptive approach to these two items have revolutionized the way organizations manage and use their data.
» Read more about: Buffett Stock at 52-Week Low, Time to Buy? »
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Could This Photo Firm Double Your Money?
2 million customers in more than 150 countries use Shutterstock (NYSE: SSTK), a company that widely has the reputation of being “just a stock photo” company. In reality, it has a vast array of images, videos, music, and even an AI-driven creative platform.
With its extensive library of over 390 million images and 24 million videos and as a leader the global stock photo and video market that is forecast to reach $5 billion by 2027,
» Read more about: Could This Photo Firm Double Your Money? »
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Is Last Friday’s 10.99% Gain Just The Start?
A few weeks ago we wrote an article titled Is This Space Stock Set To Blast Off, which featured Planet Labs. Fast forward to last Thursday’s earnings report, and Friday’s trading action, which resulted in a 10.99% one-day gain and it seems fair to say Planet may be on the cusp of escaping gravity soon.
» Read more about: Is Last Friday’s 10.99% Gain Just The Start? »
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AI Bets and Buffett’s Seal of Approval, Is This a Bet on a Cashless Future?
There is something inherently attractive about buying a stock and holding it for a long time. Stable don’t just have strong balance sheets that can weather rough markets but they often pay dividends, which account for as much as 95% of total returns over the past century according to research by Wharton Professor Jeremy Siegel.
» Read more about: AI Bets and Buffett’s Seal of Approval, Is This a Bet on a Cashless Future? »
Read MoreThe Burst
1 Rare Stock Buffett Is Buying
Warren Buffett has spent 2024 stockpiling cash, even going so far as to sell off sizeable pieces of some of his largest investments. Recently, though, Berkshire Hathaway announced that it had made some modest acquisitions, including the addition of nearly 388,000 shares of domain name registry service Verisign (NASDAQ:VRSN).
These purchases brought Berkshire Hathaway’s holdings in Verisign to 13.2 million shares,
» Read more about: 1 Rare Stock Buffett Is Buying »
Read MoreThe Spotlight
Is This Beverage Titan Paying 6.17% at Rock Bottom?
Ambev is a monster $32.9 billion company with an extensive portfolio of beer, soft drinks, and beverages. Although it has a significant market presence in Latin America, particularly in Brazil, Argentina, and Mexico, it may be best known for operating as part of Anheuser-Busch InBev, the world’s largest brewer.
The company owns some of the most recognizable beer brands in the world,
» Read more about: Is This Beverage Titan Paying 6.17% at Rock Bottom? »
Read MoreThe Daily
DEA, FBI seize $10 million in cryptocurrency 'directly linked to the Sinaloa cartel'
More than $10 million in cryptocurrency belonging to the Sinaloa cartel has been seized in Florida as part of nationwide drug raids since the onset of President Donald Trump’s second term,