Month: April 2021

Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett will kick off Berkshire Hathaway‘s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its
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Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Amazon — The e-commerce giant saw its shares gain 1% in midday trading after it reported a record first-quarter profit. The Seattle-based firm said profits more than tripled to $8.1 billion and January-to-March sales soared 44% to $108 billion. The results
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Amazon.com, Inc. (AMZN) is one of the most valuable megacap companies on the Nasdaq exchange. The firm commands a high premium valuation because of its demonstrated record of consistent sales growth. However, it almost always appears grossly overvalued when using earnings-based valuation methods. Amazon pursued a strategy of reinvesting most of its profits into the
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I continue to believe that FuboTV (NYSE:FUBO), with anything like its current content and price points, will never appeal to the vast majority of Americans. Meanwhile, I think that the platform’s appeal to sports bettors is greatly overblown. Given these points, I remain convinced that, despite its recent pullback, FUBO stock remains vastly overvalued. Source:
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At a cursory glance, you would expect the cannabis industry to receive an exemption regarding the devastating impact of the novel coronavirus pandemic. Primarily, Americans are stressed. Never before since perhaps World War II has a disruptive event impacted the entire nation. In theory, this should benefit Canopy Growth (NASDAQ:CGC) stock. Source: Shutterstock In reality,
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