The Federal Reserve raised its target of the federal-funds rate, the interest rate banks charge each other for overnight loans, by a quarter point to a range of 0.75% to 1%, and thats great news for Warren Buffetts Berkshire Hathaway (BRK.B) and its shareholders. As a bondholder, owner of insurance companies and an investor in big banks, Berkshire profits from rising interest rates in a number of ways, says David Kass, a professor at the University of Maryland’s Robert H. Smith School of Business who studies Buffett and is a Berkshire investor.
See Also: 6 Stocks That Stand to Gain From Fed Rate Hikes
“Since Berkshire currently has about $85 billion in cash invested primarily in short-term Treasuries, a [one percentage point] increase in short-term interest rates results in an additional income of $850 million per year for Berkshire,” Kass says. “Furthermore, Wells Fargo, one of Berkshire’s largest equity investments, will benefit from an increase in earnings as interest rates rise.
Best Warren Buffett Stocks To Invest In 2019: Pretium Resources, Inc.(PVG)
Advisors’ Opinion:
- [By Motley Fool Staff]
Pretium Resources (NYSE:PVG) Q1 2018 Earnings Conference CallMay. 11, 2018 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Dan Caplinger]
Wednesday was a down day for the stock market, with the Dow Jones Industrial Average posting triple-digit losses even as broader benchmarks had much smaller moves. Market participants largely focused their attention on the inflation front, as March consumer price index numbers showed a 0.2% rise in the core rate excluding food and energy. Year-over-year price changes have accelerated, seemingly giving the Federal Reserve more justification to continue raising interest rates. Yet even though many stocks generally react unfavorably to inflation fears, there were some big gainers that had good news. Hilton Worldwide Holdings (NYSE:HLT), Pretium (NYSE:PVG), and Applied Optoelectronics (NASDAQ:AAOI) were among the best performers on the day. Here’s why they did so well.
Best Warren Buffett Stocks To Invest In 2019: Credicorp Ltd.(BAP)
Advisors’ Opinion:
- [By Stephan Byrd]
Credicorp (NYSE: BAP) and Opus Bank (NASDAQ:OPB) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, profitability, dividends, institutional ownership, risk and earnings.
Best Warren Buffett Stocks To Invest In 2019: Sina Corporation(SINA)
Advisors’ Opinion:
- [By Ethan Ryder]
Eagle Global Advisors LLC decreased its position in Sina Corp (NASDAQ:SINA) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,875 shares of the technology company’s stock after selling 1,595 shares during the period. Eagle Global Advisors LLC owned about 0.12% of Sina worth $8,850,000 at the end of the most recent quarter.
- [By Leo Sun]
Shares of Weibo (NASDAQ:WB) and its parent SINA (NASDAQ:SINA) tumbled 14% and 10%, respectively, after posting their first quarter results on May 9. The sell-off was surprising, since both companies easily beat analyst expectations.
- [By Leo Sun]
But as the U.S. market remains stuck in neutral, Chinese tech stocks have thrived, sparked by impressive growth figures and their detachment from U.S.-centered issues. Let’s examine three stocks in that industry which have already rallied more than 30% this month — Baozun (NASDAQ:BZUN), Weibo (NASDAQ:WB), and SINA (NASDAQ:SINA).
Best Warren Buffett Stocks To Invest In 2019: Northwest Natural Gas Company(NWN)
Advisors’ Opinion:
- [By Ethan Ryder]
NW Natural (NYSE:NWN) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.
Best Warren Buffett Stocks To Invest In 2019: Zillow Group, Inc.(Z)
Advisors’ Opinion:
- [By Anders Bylund]
Shares of Zillow Group (NASDAQ:Z) (NASDAQ:ZG) fell hard on Friday morning. Class A shares fell as much as 11.1% and the non-voting Class C stock dropped 10.4% lower at most. As of 3 p.m. EDT, both stock classes had recovered somewhat to a daily loss of approximately 7.5%.
- [By Jim Crumly]
As for individual stocks, Zillow (NASDAQ:Z) (NASDAQ:ZG) fell slightly after the company reported earnings, while Camping World Holdings (NYSE:CWH)plunged on first-quarter results.
- [By Motley Fool Staff]
Zillow Group (C shares) (NASDAQ:Z) Q1 2018 Earnings Conference CallMay. 7, 2018 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Ethan Ryder]
Zillow (NASDAQ:Z) CMO Jeremy Wacksman sold 47,788 shares of the firm’s stock in a transaction on Thursday, May 10th. The stock was sold at an average price of $55.64, for a total value of $2,658,924.32. Following the completion of the transaction, the chief marketing officer now owns 48,489 shares in the company, valued at $2,697,927.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
- [By Paul Ausick]
After markets closed on Monday, rental car company Hertz Global Holdings Inc. (NYSE: HTZ) and real-estate firm Zillow Group Inc. (NASDAQ: Z) reported quarterly results. Before markets opened Tuesday morning Discovery Inc. (NASDAQ: DISCA) and Dish Network Corp. (NASDAQ: DISH) also released earnings reports. Here’s a quick look at the reports and the reactions to them.
