A strategic mistake made six years ago by celebrity CEO Ron Johnson continues to haunt popular retailer JC Penney, as evidenced by the ongoing sluggish sales growth and store closings that have made the company smaller—a fraction of what it once was.
Meanwhile, investors have been bailing out from the company’s stock,....More>>>
Billionaire investor Carl Icahn is all but exiting the casino industry, selling his stake in Tropicana Entertainment for $1.85 billion. But maybe Eldorado Resorts (NASDAQ:ERI)– which will operate the properties bought by real estate investment trust (REIT)Gaming & Leisure Properties (NASDAQ:GLPI)– shouldn’t be going all in.
Eldorado may be piling too much onto its plate,....More>>>
Clean energy stocks are still the best energy stocks to own right now, despite President Donald Trump pulling the United States out of the Paris Climate Accord. In fact, renewable energy production will see over 100% growth by 2025.
To help investors find the right renewable energy stocks, we’re giving Money Morning readers our top clean energy stock pick today…
Famed investor Warren Buffett has continued his buying spree of Apple (NASDAQ:AAPL) stock recently. Buffett’s Berkshire Hathaway (NYSE:BRK-B) (NYSE:BRK-A) loaded up an astounding 75 million shares of the tech giant during the first calendar quarter of 2018, bringing the conglomerate’s total stake in Apple to more than 240 million shares.Buffett’s bullishness on Apple has been particularly....More>>>
The population of seniors, or people age 65 or over, in the United States neared 48 million last year and is steadily growing. Consequently, millions of adult children find themselves taking care of their parents medical needs. This can be a daunting task because many older individuals have complex health conditions. According to the National Council on Aging, almost 70% of seniors have two or more....More>>>
Warren Buffett has said that his "favorite holding period is forever," and I generally invest with that same philosophy in mind.I don't think I'll keep each and every stock I own forever -- after all, there are plenty of valid reasons to sell stocks, and there's no way of knowing how a company or
We have been in and out of Dick's Sporting Goods (DKS) several times in the last few years, and this name is a favorite among day traders over at BAD BEAT Investing. We named it as a deep value situation back in November for followers on Seeking Alpha, issued several trade alerts in our forum, an
Pay attention to oil prices. Investors need to start respecting the surge in oil prices, or they risk getting ugly losses handed to them in the months ahead. So far, the market has viewed the 6.5% month to date rise in crude oil as a positive sign. In the view of some, higher crude prices suggest a