China’s currency is plunging again. But how low will it go?
The yuan weakened almost 1% against the US dollar on Thursday to hit its lowest level in a year. It has now fallen by nearly 8% over the past three months amid a global trade spat and concerns over an economic slowdown in China.
Analysts said the yuan’s latest dip came after China’s central bank indicated....More>>>
I like self-storage real estate. Not only do these properties achieve strong returns on capital, but they also tend to perform fairly well during market downturns. After all, people need and want to store stuff regardless of the economic conditions. In fact, during a recession, it may be even cheaper to downsize the current large residence for a household....More>>>
The battle for some of Russia’s richest gold mines has an unusual cast of characters: the scion of one of Europe’s great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders.
They’re all part of a new fight for control over Petropavlovsk Plc, a London-listed miner. For the second time in a year, the company is in....More>>>
With U.S. oil stockpile inventories at near maximum capacity, one particular subsector of the energy business that looks set to benefit is oil storage. Stockpile inventories have increased over the last several years, driven by record production from shale fields to keep up with demand from a growing economy. Oversupply is a bigger issue in the United States than other countries, with U.S. stockpiles....More>>>
Another example of our buying activity was our decision to purchase shares of Fairfax Financial Holdings (TSX:FFH) during early 2018. Fairfax is a business that we’ve long admired and one that has been a successful investment for the Fund in the past. It’s been nearly eight years since the Fund last owned shares, but we have continued to monitor the business and the share price in the....More>>>
The NBA’s two biggest superstars will face off in the NBA Finals again. But the pairing of LeBron James and Steph Curry is not the hottest ticket in sports.
That honor goes to the Stanley Cup Final, which pits the Vegas Golden Knights expansion team against the Washington Capitals. Tickets for the final are the most expensive ever recorded, averaging $1,983 for the series, according....More>>>
Arrow Loop Research’s stock of the week is Williams-Sonoma (WSM).
By Paul Price of Arrow Loop Research
At any given time there are some stocks whose market action makes no sense. They get really cheap even as their fundamentals are doing well. Putrid prices, in conflict with solid numbers, create the best investment opportunities.
Batteries to run cars. Batteries to store solar power. Batteries … to prevent blackouts.
Everywhere you look in the field of battery technology,Tesla (NASDAQ:TSLA) seems to be there already. The company’s even building a batterygigafactory in the Nevada desertto keep its battery empire well-supplied, and one of the reasons for this is that Tesla is rapidly outgrowing its origins....More>>>
In Roku’s (NASDAQ:ROKU) quarterly letter to shareholders, the company highlights the fact that if it were a multichannel video programming distributor (MVPD), or what most people refer to as a cable company, it would be the third largest in the industry. And with 20.8 million active accounts and rapidly growing, it’s only a matter of time before it surpasses the subscriber count of the....More>>>
Manufacturing isn’t the only sector that has sent American jobs overseas over the past decade.
It has also been happening in the service sector. US companies have shipped thousands of call center jobs to countries like India and the Philippines, where labor is cheap and English skills are good enough to answer basic questions from halfway around the world.
While REITs appear to be appropriately valued as a basket, 2018 looks to be an exciting year for selective REIT investment as mispricing is rampant, and there are quite a few REITs that have both cheap valuation and strong fundamentals. Among the handful of REITs with outsized reward to risk, UMH Properties (UMH) stands out as our top pick going into 2018.
When it comes to low-priced stocks, maybe it’s best to curb your derision. There are a lot of investments out there with single-digit price tags, and they’re not all speculative fodder for penny-stock gamblers to fight over. Stocks trading below $10 are naturally riskier than some of the more established choices out there, but there are also opportunities there for the taking if you’re....More>>>
Shares of NVIDIA Corporation have fallen over the last few trading sessions. Is this an opportunity to buy NVDA stock on the cheap or is it time to sell? Flickr
The uptrend in the shares of the Santa Clara, California, based NVIDIA Corporation (NASDAQ:NVDA) seems to have come to an abrupt halt. After rising 11% through the year to a peak of $119 February 9, NVDA stock has lost just....More>>>
Youre probably tired of hearing this, but long horizons and low fees are two of an investors best friends. Sure, everyone wants to get rich quick, but the best route for most of us is to diversify our holdings, control costs and be patient which is exactly why index funds are becoming more popular by the year.
Shares of Under Armour (UAA) have tumbled nearly 60% during the past 12 months as the once high-flying company slashed its expected growth rate. Under Armour is scheduled to report earnings tomorrow, however, and some investors are betting that the release will help turn things around for the com
Ocean Rig UDW Inc (NASDAQ:ORIG) saw unusually-strong trading volume on Friday . Approximately 7,311,600 shares traded hands during mid-day trading, an increase of 2,798% from the previous session’s volume of 252,319 shares.The stock last traded at $28.19 and had previously closed at $26.87
Highbridge Capital Management LLC bought a new stake in Ocean Rig UDW Inc (NASDAQ:ORIG) during the first quarter, HoldingsChannel reports. The institutional investor bought 95,154 shares of the oil and gas company’s stock, valued at approximately $2,401,000.
Best Buy Inc. (BBY) is keeping its friends close and its enemies closer.
Shares of the electronics chain spiked nearly 4% Wednesday, April 18, after CEO Hubert Joly announced that the company has entered into a partnership with Amazon.com Inc. (AMZN) to sell televisions that are programmed