Warren Buffett needs to spend all or a large part of the $128 billion to beat a decade-long underperformance. The Berkshire Hathaway CEO blames expensive stock prices for not investing more. Buffett doesn’t need to go outside his comfort zone to get attractive equities or companies on the cheap though. Warren Buffett’s Berkshire Hathaway is…
America is richer than ever after a strong December close to a landmark year for the U.S. stock market. Fox Business contributor Charles Payne took critics to task for dismissing the record gains, pointing to strong employment amid record capitalization. The bull market in equities has priced out the once-feared possibility of recession and that’s…
Analysts expect 2020 to be a relatively smooth year for the stock market despite many risks to their predictions. The presidential election, the trade war and wage growth are among the largest risks to the market. The strength of the U.S. housing market remains a subject of debate, but home prices look likely to level…
The Dow closes 2019 with good prospects to set new records in 2020. Yet there are still threats looming ahead that could “melt up” equities. Here are three defensive Dow stocks that offer exposure to continued bullish Dow growth, while also fortifying your portfolio against downside risks. After broaching record highs this week, the Dow…
GrubHub recorded its worst trading day on Tuesday as it nosedived by 45%. The company is losing ground to competitors like DoorDash and Uber Eats. Company executives appears to have no solution to stop the bleeding. To say that GrubHub has failed to deliver would be an understatement. The company’s stock plummeted 45% on Tuesday…
S&P 500 Index came within half a point of record highs on Friday. New York Fed has increased the size of its overnight repo operations to at least $120 billion. U.S. budget deficit approaches $1 trillion in 2019, the highest in seven years. With U.S. stocks fast approaching record territory, investors may have lost sight…
Despite third-quarter profits of Amazon.com, Inc (NASDAQ: AMZN) falling 26%, the online retail giant’s investment in faster shipping infrastructure is gearing up the stock for a future surge. To recap: The e-commerce giant’s net income fell from $2.9 billion to $2.1 billion year-over-year even as net sales rose 24% to $70 billion. This was primarily…
Airline stocks entered a punishing tailspin on Wednesday as rising costs threatened profits. United Airlines (NASDAQ: UAL) slid 4.72% to $83.69 per share. American Airlines (NASDAQ: AAL) was down 5.34% to $25.37. Delta Airlines (NYSE: DAL) fell 4.72% to $54.35. Even the leaner Southwest Airlines (NYSE: LUV) stock dipped 2.49% to $52.04. Delta Airlines headlined…
It would appear that the tech industry took over ever since the turn of the millennium. Companies like Apple, Google, and Amazon became household names. Many got rich investing in these tech giants. However, if you combine the gains of these three stocks from the end of 2000 up to today, the sum won’t even…
The decade-long bull market in U.S. stocks is unlikely to end anytime soon, analysts suggests. | Source: Shutterstock The S&P 500 Index (SPX) has been in an unstoppable decade-long bull run and it is a few points away from the all-time high of 3,028. However, the impressive uptrend in U.S. stocks is making some investors…
