Show Tesla some love.
Berkshire Hathaway (BRK.A) , (BRK.B) held its legendary annual shareholders’ meeting over the weekend, and of course, CEO Warren Buffett and Vice Chairman Charlie Munger were the stars of the show. But while markets should have been focusing on them (or on Jim Cramer’s Boot Camp for Investors in New York), it was once again Elon Musk of Tesla (TSLA) and his seemingly never-ending thirst for attention that made the headlines.
During his recent, odd earnings call, Musk referred to business moats as “lame,” saying that if “your only defense against invading armies is a moat, you will not last long.” For those just joining us, in business a moat is a competitive advantage created by ownership of a strong brand name that discourages entry into the firm’s markets. Buffett has made a career of investing in firms with “moats” — think Apple, Coca-Cola (KO) , Kraft Heinz (KHC) , Burlington Northern Santa Fe or See’s Candy.
Hot Warren Buffett Stocks To Buy Right Now: Genie Energy Ltd.(GNE)
Advisors’ Opinion:
- [By Lisa Levin]
On Tuesday, the utilities shares surged 0.69 percent. Meanwhile, top gainers in the sector included Just Energy Group Inc. (NYSE: JE), up 4 percent, and Genie Energy Ltd. (NYSE: GNE) up 3 percent.
- [By Stephan Byrd]
Genie Energy (NYSE:GNE) was upgraded by TheStreet from a “d+” rating to a “c-” rating in a report issued on Monday.
Shares of Genie Energy stock opened at $5.12 on Monday. The company has a current ratio of 1.81, a quick ratio of 1.70 and a debt-to-equity ratio of 0.05. The firm has a market cap of $125.72 million, a price-to-earnings ratio of 168.67 and a beta of 1.59. Genie Energy has a 12-month low of $5.06 and a 12-month high of $5.11.
Hot Warren Buffett Stocks To Buy Right Now: BAE Systems PLC (BAESY)
Advisors’ Opinion:
- [By Lou Whiteman]
The Marine Corps has selected BAE Systems (NASDAQOTH:BAESY) to manufacture its next-generation amphibious combat vehicle, dealing a major setback to the diversification plans of Science Applications International (NYSE:SAIC).
Hot Warren Buffett Stocks To Buy Right Now: CoBiz Financial Inc.(COBZ)
Advisors’ Opinion:
- [By Stephan Byrd]
Shares of CoBiz Financial Inc. (NASDAQ:COBZ) reached a new 52-week high and low during mid-day trading on Wednesday . The company traded as low as $22.04 and last traded at $21.89, with a volume of 5259 shares trading hands. The stock had previously closed at $21.95.
- [By Stephan Byrd]
CoBiz Financial Inc. (NASDAQ:COBZ) – Analysts at Piper Jaffray decreased their Q2 2018 earnings per share (EPS) estimates for CoBiz Financial in a research report issued on Wednesday, May 2nd. Piper Jaffray analyst B. Rabatin now anticipates that the bank will post earnings per share of $0.30 for the quarter, down from their prior estimate of $0.31. Piper Jaffray currently has a “Hold” rating on the stock. Piper Jaffray also issued estimates for CoBiz Financial’s Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.25 EPS, Q1 2019 earnings at $0.32 EPS, Q2 2019 earnings at $0.34 EPS, Q3 2019 earnings at $0.36 EPS, Q4 2019 earnings at $0.37 EPS and FY2019 earnings at $1.39 EPS.
- [By Ethan Ryder]
JPMorgan Chase & Co. boosted its stake in shares of CoBiz Financial Inc (NASDAQ:COBZ) by 3,473.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 296,921 shares of the bank’s stock after buying an additional 288,613 shares during the period. JPMorgan Chase & Co.’s holdings in CoBiz Financial were worth $5,819,000 as of its most recent filing with the SEC.
- [By Joseph Griffin]
CoBiz Financial (NASDAQ: COBZ) and FCB Financial (NYSE:FCB) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, profitability, dividends and earnings.
