Charlie Munger at the Berkshire Hathaway press conference on April 30, 2022. CNBC The investing community lost one of its pillars Tuesday with the death of Berkshire Hathaway vice chair Charlie Munger, according to Ariel Investments’ Charles Bobrinskoy. He was a “true master of investing,” Bobrinskoy, the firm’s vice chair, said on CNBC’s “Closing Bell:
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Streaming companies are desirable to most investors because they continue to outpace other forms of entertainment, including cable and radio. There has been consistent growth within these streaming companies, with more and more users looking to take advantage of what they offer in terms of content and convenience from on-demand programming and audio streaming. Investors
Of course, the primary goal of betting in the equities sector is to make money, not to create a list of stocks to sell for tax losses. Nevertheless, stuff happens – it happens a lot. No matter who you are or how many credentials you leverage, you’re bound to get hit by the red ink.
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Charlie Munger Lacy O’Toole | CNBC Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate
Market strategists at Bank of America (NYSE:BAC) recently made headlines by forecasting that the S&P 500 will reach a record level of 5,000 by the end of 2024. In a note to clients, the BoA team, led by analyst Savita Subramanian, said the New Year should usher in a “stock picker’s paradise,” as the bank
In an August 2023 column, I wrote “With the chances of marijuana companies accessing the U.S. financial system higher than ever and cannabis stocks trading at lower valuations than ever before, now looks like an excellent time to seek out top-notch cannabis stocks to buy.” I also identified three cannabis companies with very attractive valuations and strong outlooks. However, despite the
Tesla’s (NASDAQ:TSLA) futuristic (a polite way of saying odd) Cybertruck will finally have its big delivery event on Thursday. And even though Tesla CEO Elon Musk said on the company’s third quarter earnings call in mid-October that there are already more than 1 million people who have orders for the quirky looking angular vehicle, the
In fast-paced stock market movements, the quest for breakout stars remains investors’ ever-thrilling pursuit. Imagine a canvas where established giants spark an imminent market spectacle. The blue-chip stocks to buy in the article, are poised at the brink of a financial crescendo, wielding compelling strategies and technological prowess that promise a seismic shift in investor
Lucid (NASDAQ:LCID) is an electric vehicle (EV) company that aims to produce luxury cars with cutting-edge technology and design. Many investors enthusiastic to find the next Tesla (NASDAQ:TSLA), have hyped Lucid as a potential rival. But, so far, the new EV maker has failed to deliver on its promises. Not to mention, the EV market
Pinpointing stocks with the potential for exponential growth requires extreme efforts on the market terrain. However, delving into the strategic prowess and distinctive approaches of the three standout companies listed in this article illuminates the trajectory toward substantial investment growth. The first one, entrenched in specialized sectors, showcases innovation and resilience, while the second strategically
Generally, penny stocks have a poor reputation. It’s true that some penny stocks go on to make huge gains. However, the majority of firms with a rock bottom stock price got there because their business model failed to work out as expected or the company made major strategic blunders. That’s particularly true for these seven
A fascinating new chapter in Argentine politics is set to unfold as “far-right libertarian” Javier Milei surprisingly won the presidential election on promises of radical free-market reforms. Milei, an economist, has vowed to implement a number of measures including the dollarization of the Argentine economy, massively downsizing the government, and enacting sweeping capitalist changes. Naturally,
Bank stocks continue to lag the overall market and are not sharing in the current rally. Year-to-date (YTD), the S&P Bank index is down 13% compared to a 19% gain in the benchmark S&P 500 index. Through 12 months, the Bank index is down 20%. Looking out five years, U.S. bank stocks as a group
Cybersecurity stocks emerge as incredible long-term investments in an age dominated by digital threats. Despite numerous cyberattacks over the years, many top-tier companies and government entities remain startlingly unprepared. This gap between current defenses and emerging threats carves out a substantial opportunity for growth in cybersecurity stocks. Moreover, the cybersecurity market is on an upward
Since the end of 2022, energy prices, especially natural gas futures, have significantly declined. Natural Gas (Dec’ 23) has fallen by 43%, and WTI Crude (Jan’ 24) has seen a drop of 1% within the same period. With the energy market not very profitable in 2023. Investors are hesitant to invest in these companies and are beginning to look
It’s been an unpleasant year for EV charging stocks, which is an understatement. Some of the best EV charging stocks have plunged for a year to date. The reasons include intense competition, cash burn, and the likelihood of equity dilution. However, it seems that stocks have discounted the concerns. The next year can potentially be
Investing in biotech stocks is not for risk-averse investors. However, if you’re an investor who is serious about generating outsized gains, it’s a sector that you can’t overlook. Many companies are developing and manufacturing drugs and therapeutics that treat a range of conditions, some of which have no currently known cures. These companies are developing
It’s been a year since Robert Iger returned as the CEO of the Walt Disney Company (NYSE:DIS). And in that time, the lights of the Magic Kingdom dimmed considerably. In the 12 months since Iger’s return to the helm of the Mouse House, DIS stock is flat (up a slight 0.39%). However, the share price of the world’s most extensive
There have been many lifestyle changes in the post-covid world. An important part is a focus on physical and mental health. Eating the right food is an important part of physical health, and with health issues like obesity and diabetes, among others, there is an increasing demand for organic food. From an investment perspective, it’s
The market continues to rip higher in November, with the S&P 500 up 9% since Halloween. However, not all stocks are participating in the rally. While tech stocks lead the way, a number of well-known blue-chip names are falling further and further behind. Many companies that have been around for decades and are household names