Month: September 2020

The Koch brothers, Charles and David, became well-known for their libertarian and conservative politics, often portrayed as significant personalities that impact elections and government decisions. However, despite fame as political influencers, their primary activities centered around running Koch Industries Inc., of which they owned over 80%. Koch Industries is a private company that has annual
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Saul Loeb | AFP | Getty Images Check out the companies making headlines in midday trading.  Amazon – Shares of Amazon climbed nearly 3% after Bernstein upgraded the e-commerce giant to outperform from market perform. The Wall Street firm said the recent pullback created an attractive “entry point” for the stock, adding it undervalued the
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Kim Sohee | Getty Images (CNBC Pro subscribers can access the 13D Active-Passive Investor Summit featuring the most influential activist investors by registering here with promo code ”13DCNBC20′ for a 20% discount.) Company: Apartment Investment and Management Co. (AIV) Business: Apartment Investment and Management Co. is a REIT that focuses on the ownership, management, redevelopment, and development
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Tesla vehicles are displayed in a Manhattan dealership on September 08, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading: Bristol-Myers Squibb — Shares of the pharmaceutical company rose 1.2% after it announced positive interim results from a phase three trial of an immunotherapy drug
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Download Stig & Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Subscribe to The Investors Podcast on iTunes: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Subscribe to The Investors Podcast on Stitcher: https://www.stitcher.com/podcast/theinvestorspodcast/the-investors-podcast?refid=stpr Subscribe to The Investors Podcast on SoundCloud: https://soundcloud.com/theinvestorspodcast Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions/ ABOUT THE EPISODE: On today’s show, we
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Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Omega Healthcare Investors (OHI). This healthcare REIT is a dominate player in the skilled nursing facility space. It recently delivered a solid ‘beat and raise’, prompting analysts to revise their estimates
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Luckin Coffee (OTCMKTS:LKNCY), the controversial, downtrodden Chinese coffeehouse operator, is finally taking some steps in the right direction, but Luckin stock remains a gamble. Source: Keitma / Shutterstock.com Still reeling from the effects of a revenue-inflating scandal that took Luckin from being a Chinese growth darling to trading over-the-counter, the company recently reappointed Sean Shao,
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Bristol-Myers Squibb (NYSE:BMY) is incredibly cheap. For example, based on earnings estimates, BMY stock trades at just 7.8 times next year’s earnings. Source: IgorGolovniov / Shutterstock.com In addition, it has an attractive dividend yield of 3.11%, which is likely to increase soon. I estimate the stock is worth at least $84.47, or 46% more than
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Renewed interest in emerging biotechnology companies lifted Sorento Therapeutics (NASDAQ:SRNE) recently. Excessive bearish volumes against the stock could squeeze them out further. If Sorrento continues to post positive news in its drug and testing developments on the novel coronavirus, then SRNE stock may keep rising. Source: Shutterstock At a 34.3% short float, the bearish bet
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Take a look at some of the biggest movers in the premarket: Costco (COST) – Costco reported quarterly earnings of $3.04 per share, 20 cents a share above estimates. The warehouse retailer’s revenue also beat Wall Street forecasts. Comparable-store sales rose 11.4% compared to the 7.8% consensus estimate of analysts polled by Refinitiv. Costco also
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