Pinterest (NYSE:PINS) stock still looks very undervalued even though it has fallen 29.5% from a recent high close of $80.29 on July 6. This is based on the company’s recent earnings and the fact that it produced significant free cash flow (FCF). At a closing price of $56.59 on Sept. 3, PI
Investors should buy CBS on the dip, because it is a very attractive acquisition target for companies outside of the television industry, B. Riley FBR managing director and analyst Barton Crockett told CNBC on Monday.
“CBS is a huge brand; it’s the most watched network on TV. They also have Showtime, which is big and kind of direct-to-consumer. I think that CBS could be an interesting bolt onto a larger platform,” Crockett said on CNBC’s “Power Lunch.”
On Sunday evening, CBS announced Les Moonves will depart as chairman, president and chief executive....More>>>
Legendary investor Bill Miller is the former chairman and chief investment officer of Legg Mason Capital Management. He has been named fund manager of the decade by Morningstar and ranked as the top 30 most influential people in investing by SmartMoney. Below is an edited summary of his interview with The Investor’s Podcast where he talks about determining the intrinsic value of various companies like Amazon, Apple, and Tesla Motors.
Listen to this interview in your car by subscribing to the show on iTunes or Stitcher.
Preston Pysh: How does your approach differ from....More>>>
Retirement investors want sure things. There isn’t enough time to make up for stocks that just fall into the ground, never to return. So considering how awful energy has been for the past couple of years, it’s probably surprising to see “energy stocks” and “retirement” mentioned in the same vicinity.
Sustained low oil and natural gas prices have negatively impacted energy stocks. OK, that’s putting it mildly. Low prices have outright strangled some companies right out of business, and has made life miserable for the vast majority of the sector.
I previously hypothesized that Intel (INTC) was behind HP, Inc. (HPQ) and Dells refusal to join Nvidias (NVDA) GeForce Partner Program [GPP]. With strong opposition from Intel and two top PC vendors, Nvidia quickly killed its GPP. Intels disapproval of GPP meant other PC vendors would have also imitated HP, Inc. and Dells defiant stance against Nvidia.
GPP could have neutralized Intels tactic of using on-package Advanced Micro Devices (AMD) Radeon Vega M GPUs (Graphics Processing Units) to help it sell more of high-end Kaby Lake-G Core i7 processor. Selling more high-end Core i7 processors....More>>>
President Donald Trump is jockeying to end the Iran nuclear deal once and for all, and Iran wants to make us pay.
Add this to North Korea’s constant threats, naval clashes in the South China Sea, and the recent Saudi Purge, and it can be tempting to stuff your money in your mattress or invest in commodities like gold and silver.
But there’s a better way to weather these mounting global tensions – an investing strategy that works no matter what ugliness is happening around the world.
Which is good news, because Iran is none too happy that President....More>>>
More bull-market tomfoolery is in store for Support.com (NASDAQ:SPRT). The company has been around for over 20 years with a history of volatile revenues, low levels of profitability and losses. SPRT stock has languished in the $1 to $2 range for the last five years — at least until 2
You might think of Globalstar (NYSEAMERICAN:GSAT) as a satellite services business, but the company also specializes in commercial IoT, or Internet of things. Thus, GSAT stock offers exposure to more than one high-conviction niche market.
New York State Common Retirement Fund trimmed its holdings in RBC Bearings Incorporated (NASDAQ:ROLL) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,075 shares of the industrial product
OpenDoor Technologies (NASDAQ:OPEN) was founded to automate the back-end of housing retail. That’s a laudable goal. But OPEN stock is not content being the dealer in this market. Instead, the company has become a player, raising cash to buy houses on its own.
This past weekend was a good one for cinema operators, but not for the reasons one might expect. As a result, Cinemark Holdings (NYSE:CNK) was a popular stock Monday, rising to end the day 8.6% higher.
The weekend's box-office champion for the second time in a row w