Why Did Billionaire with Perfect Track Record Buy This Stock?
ZoomInfo Technologies Inc. (NASDAQ: ZI) might have won over legendary investor Stan Druckenmiller but the market hasn’t been so kind, punishing the stock to the tune of 37% year-to-date.
When management unveiled earnings last quarter, $303.6 million in top line sales failed to ignite enthusiasm given that it represented a 3.3% year-over-year decline.
Net income was just $23.8 million while free cash flows came in at a pretty miserable $0.6 million leaving investors with very little to get excited about. » Read more about: Why Did Billionaire with Perfect Track Record Buy This Stock? »
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Market Commentary: Warren Buffett’s Latest Moves Will Shock You
Warren Buffett may have tossed to the curb his only Real Estate Investment Trust, STORE Capital Corp., but he’s not exiting the property business entirely. The latest 13F filings indicate Berkshire Hathaway invested in multiple U.S. homebuilders including D.R. Horton and Lennar Corp.
In Q2 2023, Berkshire acquired 5,969,714 shares of D.R. Horton,
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How Apple Obliterates Google and Microsoft
When Warren Buffett, the Oracle of Omaha and Berkshire Hathaway’s CEO, decided to make Apple his largest holding, many heads turned. Traditionally, Buffett steered clear of the tech sector. Yet, Apple accounts for almost 50% of Berkshire Hathaway’s portfolio.
Buffett’s initial investment in Apple dates back to the first quarter of 2016. If you had followed his lead back then,
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Alert: 41% Annualized from Safe Penny Stock
Investment Alert: Buy Covered Call (PL) at $2.50 Per share and Sell Strike 2.50 January 2024 Call for $0.35
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
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Nobody’s Watching This AI Stock Steadily Rising
After poring over Lattice’s Q3 filings it’s looking increasingly likely that the Street is missing the forest for the trees with Lattice. Yes, the headline numbers were brutal – revenue down 33.9% y/y to $127.1M. But beneath the cyclical noise, Lattice is methodically building what could become the dominant franchise in edge AI computing.
Having covered semis since the early 2000s,
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Read MoreThe Burst
3 Ways To Protect Against a Market CRASH
With news coming out that Buffett has lightened up on Bank of America, a core holding since 2011, in addition to his sales earlier in the year of his largest equity holding, Apple, concerns are rising that the Oracle of Omaha is reading the tea leaves and seeing gloom on the horizon.
That’s not a surprise given that the so-called Buffett Indicator,
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Read MoreThe Spotlight
Spotlight: The Next Bloomberg Terminal?
Did you know that every 24 hours, Planet Labs captures imagery of every corner of the Earth? This trove of data is so extensive that it helped track a rogue Chinese spy balloon all the way back to its point of origin.
Similar to a search engine, Planet Labs aims to organize massive amounts of Earth-related data.
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Read MoreThe Daily
Tesla stock: Why BofA says Q2 results likely to be challenged
Investing.com — Tesla is heading into its second-quarter earnings report under pressure, with Bank of America warning that results are “likely to be challenged due to tariffs and disappointing deliveries.”
In a preview of the upcoming earnings season, BofA analysts placed Tesla (NASDAQ:TSLA) in a more difficult position compared to its Detroit peers.
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