"Sell everything," came the phone call on a January 1981 night… A crash was coming. The next morning, stocks dropped 2.5%. The market headed in that direction for most of the year, losing 9.7%. It was masterful crystal-ball gazing by market commentator Joe Granville. He would later say: "The market told me, 'Sell.' And we do what the market tells us to; we never hedge. Only losers hedge." Granville became a rock star of financial calls. He traversed the country… performing in wild financial conferences with his own theme song, a Moses costume, wire-stunt entrances, and exploding hand grenades. Estimates put his annual income at around $6 million. It feels good to make the right call. Maybe you predicted the Super Bowl champ at the start of the season or backed the winning presidential candidate early on. When you can look back and say you knew what was going to happen, it gives you bragging rights. And in the financial business, it can make you money.
Hot Performing Stocks To Own For 2019: Statoil ASA(STO)
- [By Tyler Crowe]
Anyone that has watched oil prices tick up recently has probably expected oil producers to report some impressive earnings results this past quarter, and Statoil (NYSE:STO) did just that with a 21% boost to the bottom line. At the same time, management is using all of its additional cash to do some wheeling and dealing that should help boost its growth possibilities in the nearer term.
- [By Matthew DiLallo]
Another highlight in April was that Shell gave the green light to the Vito project, which is a joint venture with Statoil (NYSE:STO) in the Gulf of Mexico. Shell and Statoil were able to cut that project’s cost estimate by 70% from the original design so that it’s now profitable at $35 a barrel. The partners expect the project to produce 100,000 BOE/D of low-cost oil and gas when it comes online in 2021.
- [By Shane Hupp]
Statoil (NYSE: STO) and Delek US (NYSE:DK) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk.
Hot Performing Stocks To Own For 2019: Tiptree Financial Inc.(TIPT)
- [By Joseph Griffin]
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Hot Performing Stocks To Own For 2019: Garmin Ltd.(GRMN)
- [By Jason Hall, George Budwell, and Demitrios Kalogeropoulos]
Their recommendations include a technology leader with a dominant position in its niche inGarmin Ltd.(NASDAQ:GRMN), one of the leading healthcare companies in the world inJohnson & Johnson(NYSE:JNJ), and high-growth, high-yieldPattern Energy Group Inc(NASDAQ:PEGI). Keep reading to discover why these companies caught the attention of three Foolish contributors and what makes them worth buying now.
- [By Shane Hupp]
FLIR Systems (NASDAQ: FLIR) and Garmin (NASDAQ:GRMN) are both aerospace companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, institutional ownership, profitability and risk.
- [By Paul Ausick]
Competitors like Fitbit Inc. (NYSE: FIT), Garmin Ltd. (NASDAQ: GRMN) and Alphabet Inc. (NASDAQ: GOOGL), with its Wear OS, are also expected to gain more traction through the forecast period.
- [By Travis Hoium]
I think one of the strangest business dichotomies of the last five years has been the absolute failure of GoPro Inc (NASDAQ:GPRO) as a public company compared to the growing success of Garmin (NASDAQ:GRMN). The companies should have a lot of similarities because both serve niche markets of avid athletes and provide a unique perspective on sports action that others can’t match. GoPro does that with images that capture unique action shots, while Garmin provides GPS and other real-time data to athletes on watches or handheld systems.Heck, they almost have the same distribution model, with similar-looking kiosks in retainers.