Billionaire Bets on Fast Growth Unit In Boring Stock
If you only look at consumer trends within the United States, it might seem odd that Philip Morris’s stock has done so well. Aren’t people giving up cigarettes?
For the most part, they are, but the company has planned for the effects of smoking cessation programs. The share price speaks to Philip Morris’s success. » Read more about: Billionaire Bets on Fast Growth Unit In Boring Stock »
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19.6% of Buffett’s Berkshire Is In 1 Stock
With an $863 billion market capitalization, Berkshire Hathaway is not the largest company in the world, not by a long shot. That title goes to Microsoft with Apple a close second. Both tech giants are about 3x larger than Buffett’s firm but what the Oracle of Omaha has built is the largest company by revenues.
» Read more about: 19.6% of Buffett’s Berkshire Is In 1 Stock »
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Billionaire Bets Big On Under-the-Radar Tech Stock
You may not have heard of Glenview Capital Management or Larry Robbins, who leads it, but the asset management firm oversees $4.4 billion and has taken a meaningful stake in one little-known firm that appears to be substantially undervalued.
The information technology services and consulting company that has earned Robbins favor goes by the name DXC Technology Company,
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Billionaire Einhorn’s Most Undervalued Stock
David Einhorn is the billionaire money manager who founded Greenlight Capital, an asset manager that produced a 16.5% annualized return from 1996 to 2016 and cemented his legacy as one of the top fund managers of our era.
In his $1.7 billion fund, Einhorn has a host of stocks that appear to be substantially undervalued but one tops his list as the most undervalued,
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2 Billionaires Buy This Former Out-Of-Favor Bank, Why?
As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.
Despite those facts, Druckenmiller’s firm, Duquesne Family Office, bought more than 327,000 shares in Citigroup last quarter.
» Read more about: 2 Billionaires Buy This Former Out-Of-Favor Bank, Why? »
Read MoreThe Burst
Buffett’s Billion Dollar Bet Is a Halloween Treat
It’s not every day that Warren Buffett bets big on a bank outside the United States, but his latest move suggests he sees something special in one international fintech company.
The stock, relatively unknown compared to Buffett’s flagship investments like Coca-Cola or Apple, serves millions across Latin America and is elbowing into our out,
» Read more about: Buffett’s Billion Dollar Bet Is a Halloween Treat »
Read MoreThe Spotlight
Spotlight: Turn $15k Into $1,000 Every Year
When we first spotlighted Verizon, it had a yield that approached 8% but after its recent move higher, it still offers a handsome yield of over 6.4%.
That’s more than enough to turn a $15,000 investment into an annual payout of $1,000+, assuming the dividend stays in place, but will it?
Here’s what you need to know about Verizon and its potential to pay a steady income stream for the foreseeable future.
» Read more about: Spotlight: Turn $15k Into $1,000 Every Year »
Read MoreThe Daily
Why PSU Renewable Energy Stocks Like NTPC Green, NTPC & NLC India Rallied Up To 4% Today?
Shares of PSU renewable energy companies, including NTPC Green, NTPC, and NLC India, moved higher today. | Image:
Freepik
Shares of PSU renewable energy companies were in focus on Wednesday after the government approved major investments in the sector. NTPC Green Energy Ltd jumped 1.96% to Rs 112.10,