Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million sha
Regulators are not required by the Constitution, but Congress, perverse as it is, is the body closest to the people, getting put up for election regularly. Of course Congress should oversee financial regulation and monetary policy froman unelected Federal Reserve. That’s their job.
I’m not saying that the Congressmen themselves understand these things well enough to do anything....More>>>
After surveying 30 neurologists, Baird’s Brian Skorney and Neena Bitritto-Garg contend that the Street might be underestimating sales of Sarepta Therapeutics (SRPT) Exondys 51 treatment for patients with Duchenne muscular dystrophy. They explain why:
We asked 30 docs treating DMD patients for their perspectives and expected prescribing patterns for Exondys 51. Overall, most seem convinced....More>>>
If you have any challenges reading the charts in this article, check out the first article on quick and dirty discounts to book value for mortgage REITs. This piece is designed to be short and to emphasize providing easy charts that help investors identify opportunities for further inspection. Some of these mREITs recently reported their Q1 book value. The changes aren’t worked in yet, but....More>>>
Stocks finished higher for a fourth week as investors finally embraced the European Central Bank’s plan to boost the continent’s economy.
Michael Nagle/Bloomberg News
The S&P 500 gained 1.1% this week after rising 1.6% to2,022.19 today. The Dow Jones Industrial Average rose 1.2% this week after gaining218.18 points, or 1.3% to 17,213.31. The Nasdaq Composite....More>>>
Guggenheim’sJohn Heinbockel and team argue that a “purging of space is necessary” in retail, and recommend hiding in “industry leaders who canprofitably gain share and are not especially expensive,” like Michaels (MIK), Tractor Supply (TSCO), Restoration Hardware (RH), Kroger (KR),and US Foods Holding (USFD). They explain:
In theory, the Internet of Things should allow patients and providers to take unprecedented control of health care. In practice, it is shaping up to be a security nightmare.
Earlier this month, Johnson & Johnson notified 114,000 patients of a security hole in its Animas One Touch Ping connected insulin pump. Although the company claims attacks are unlikely, the flaw could....More>>>
Oppenheimer analyst Chris Kotowski and team argue that banks like Bank of America (BAC), Citigroup (C) and Goldman Sachs (GS) will suffer a number of direct and indirect hits from Brexit–and lower their prices targets accordingly. They explain:
…while 2Q16 estimates should be little impacted by Brexit, it seems likely to us that the uncertainty....More>>>
Today, Gilead Sciences (GILD) announced that European regulators had approved its new hepatitis-C treatment. Maxim’s Jason Kolbert and Jason McCarthy contend that this is just another reason Gilead will remain dominant in hepatitis-C:
Gilead announced that the European Commission (EC) approved its new pan-genotypic HCV product Epclusa (sofosbuvir 400 mg/velpatasvir....More>>>
A bit of inspired forward thinking by my grandfather sparked my interest in the financial services field and stayed with me into adulthood, even leading to a career. He gave me my first subscription to Kiplinger’s Personal Finance magazine when I was a boy. He also bought mutual funds for my brother and me, figuring that these investment vehicles would give us a good hands-on lesson in how....More>>>
It's important for investors to know how to invest in penny stocks safely. That's because they're often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We'll show you our top two strategies for finding good penny stocks to bu
I (Porter) know a headline like that will leave me with only about five people still reading. So let me try again... The next 18 months will likely see: a terrible bear market... a substantial economic recession... and a great opportunity for you to buy high-quality businesses at reasonable p
Ive been right about Tesla (NASDAQ:TSLA) thus far.
There seem to be only two schools on Tesla. You either love the carmaker, or you hate it with a passion. I fall into the latter category, not because I'm anti clean energy, or opposed to new entries to the auto industry, but because of the