Why Buffett Is All In On This Energy Stock
In recent months, Chevron has garnered attention for winning the confidence of Warren Buffett whose Berkshire Hathaway has taken a large stake. But Chevron’s roots trace all the way back to the 19th century when it was originally part of the Pacific Coast Oil Company.
Since then, Chevron has evolved to become one of the largest and most diversified energy companies in the world, » Read more about: Why Buffett Is All In On This Energy Stock »
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Will Tesla 6x?
When Cathie Wood first bet that Tesla would hit a trillion dollar market capitalization, it was valued at around 6% of that level.
Naysayers said she was crazy.
They cited unequivocal statistics that “proved” Tesla was overvalued, like summing up the market caps of all vehicle manufacturers and pointing to Tesla’s being greater than the combination of them all.
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Bombshell Report: Shady Trades In The Halls of Power
In an ongoing investigation, the New York Times has uncovered shady stock trades by members of Congress. Some congressmen and congresswomen appear to have used information they learned in their positions as legislators to make profitable stock trades.
Ethics experts have raised red flags and say this trading could be a significant conflict of interest.
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Markets Are Going FULL Leptokurtic, What You Need To Know Now
If you look up the definition of leptokurtic, the dictionary explanation is:
- (of a frequency distribution or its graphical representation) having greater kurtosis than the normal distribution; more concentrated about the mean.
That probably didn’t clarify things a whole lot if you’re not a statistician but in essence leptokurtic refers to a flatter distribution with fatter tails.
» Read more about: Markets Are Going FULL Leptokurtic, What You Need To Know Now »
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1 Money-Making Stock Investors Are Sleeping On
ResMed might not be a household name for the average investor, but its portfolio of almost 6,000 patents focused on sleep apnea and respiratory care suggest perhaps it should be. The IP forms an economic moat for ResMed in the medical devices industry, which is massive.
One of the key factors attracting investors to ResMed is the booming sleep apnea devices market,
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Read MoreThe Burst
2 Stocks Buffett Is Snapping Up
Warren Buffett appeared to take a hard look at the market last year and decided he wanted to sell shares in plenty of companies, including Apple, Bank of America, and Charter Communications. His holding company, Berkshire Hathaway, even sold every share (nearly 4 million) in Floor & Decor Holdings. Overall, Buffett unloaded $133 billion in shares in 2024.
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Read MoreThe Ivy
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,
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Read MoreThe Daily
The 20 Largest Social Security COLAs in History
Investing
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Retirees on Social Security receive a cost-of-living adjustment (COLA) in most years.
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COLAs help to ensure benefits don’t lose buying power due to inflation.
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Seniors received some impressive COLAs in the 1970s and 1980s.
» Read more about: The 20 Largest Social Security COLAs in History »