RECENT Financials RESEARCH
According to a recent 13F filing, Warren Buffett increased Berkshire Hathaway’s (BRK-B) stake in Apple (AAPL). On a year-to-date basis, the stock has returned nearly 46% as of November 15, 2017.
According to Baron, the incredible disruptions society has created, both positive and negative, have created a huge opportunity to fuel economic growth.
American International Group (AIG), which released its 3Q17 results earlier this month, saw its revenue fall 9% to $11.8 billion in 3Q17 from $12.9 billion in 3Q16.
The S&P 500 Financial Index fell 2.7% last week, dragging down the benchmark index.
Mark Cuban has an optimistic view on Amazon. He said, “Just because of their growth, I’ve had them for a long time. I don’t switch things around.”
Mastercard (MA) reported its 3Q17 earnings on October 31, 2017. EPS (earnings per share) came in at $1.34, which was above Wall Street analysts’ estimate of $1.23.
On Thursday, October 26, 2017, legendary investor Ray Dalio shared his views on the equity market and the bond market in an interview with Bloomberg Radio.
The S&P 500 Index continued its winning streak last week and reported eight consecutive weeks of gains. The index rose 0.26% week-over-week.
On Wednesday, October 25, 2017, David Einhorn, the CEO of Greenlight Capital, shared his view on value investing, market movement (IWM) (VOO), and stock picks in an interview with CNBC.
The global economy continues to grow above trend, supporting US exports. However, there has been a sharp decline in net imports of crude oil and petroleum products thus far in the fourth quarter.
Indexing has become an undeniable force in the investment world…and indexing’s rise didn’t happen by accident.
Globalization, China, slow growth, and “transitory factors” such as cheaper cell phone plans help explain stubbornly low inflation. But they’re not the whole story.
In the last one year, crude oil (USO) (UCO) prices have risen nearly 20%. Leon Cooperman predicts crude oil will reach $60 per barrel in the near future.
The S&P 500 Index is trading at a forward price-to-earnings ratio of 17.8x, which is higher than the historical average of 15x.
Wells Fargo (WFC) has fallen behind its commercial banking peers due to subdued credit offtake, a year marred with controversies, and lower non-interest income.
TD Ameritrade Holding (AMTD) reported its fiscal 4Q17 and fiscal 2017 results on October 24, 2017. Its net revenues were $983 million in fiscal 4Q17 compared to $829 million in fiscal 4Q16.
Visa (V) announced its fiscal 2017 results and its fiscal 4Q17 earnings report on October 25. The consumer financial giant reported strong numbers in fiscal 4Q17.
The stock markets continued to reach new highs driven by gains in financial and technology stocks.
In an interview with CNBC, Dan Loeb, the chief executive officer of Third Point, shared his views on the bull market (SPY) (QQQ), the S&P 500 Index, and his various stock picks.
American Express (AXP) posted EPS (earnings per share) of $1.50 for 3Q17, which beat Wall Street’s estimate of $1.48. The company also beat analysts’ estimate for revenue.