The stock market has been a mixed bag for investors these past few weeks. The S&P 500 has risen roughly 6% since June, however a lot of the high-flying growth stocks have been beaten down. This indicates a shift in investor preference to stable blue-chip stocks. One such stock I believ
Our favorite holding period is forever. — Warren Buffett
Forever is an awfully long time. Heck, the average holding period for stocks isn’t even one year anymore, since the advent of online trading, computer-driven high-speed trading, and steadily falling brokerage costs. But even with so much of a shift toward short-term trading, the most-effective way for individual investors to get the best returns remains the simplest: Buy great companies and hold them as long as possible.
Owning stocks that pay a dividend can make it much easier to hold on to them, particularly....More>>>
Calavo Growers, Inc. (NASDAQ:CVGW), which I’ve dubbed a “tiny, mighty dividend stock,” reported fiscal second-quarter 2018 earnings on June 6. How has this dynamic avocado market specialist fared so far in its fiscal year? Let’s dive into the quarter’s details after first walking through headline numbers directly below.
Calavo: The raw numbers
Metric Q2 2018 Q2 2017 Year-Over-Year Growth
Revenue $264.4 million $270.2 million (2.1%)
Net income $14.2 million $12.9 million 11.5%
Diluted earnings per share $0.81 $0.74 9.5%
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>>>
On Feb. 17, 2017, the U.S. total market cap / gross domestic product ratio reached 130%, a critical milestone as valuations remain significantly overvalued. Most of Warren Buffett (Trades, Portfolio)’s portfolio holdings as of Dec. 31, 2016, have price-sales valuations greater than the 80th percentile of the industry. Such companies include The Coca-Cola Co. (NYSE:KO), International Business Machines Corp. (NYSE:IBM), Delta Air Lines Inc. (NYSE:DAL), Apple Inc. (NASDAQ:AAPL) and Southwest Airlines Co. (NYSE:LUV).
Jeff Greene, a billionaire real estate mogul, says he knows what will upend a stock market rally thats entering its ninth year: Higher interest rates and fiscal policy.
The inaction of anything in Washington, when there was virtually no fiscal policynothing getting donemeant that the only game in town was the [Federal Reserve], Greene told CNBC during a Monday interview. He said the Feds policy has translated into at- or near-zero-interest rate policies and $4.5 trillion on its balance sheet over the last seven or eight years. That unleashes jungle animal spirits, he said.
Citywire magazine helps mutual fund portfolio managers and investors make better investments. In June, it released its list of the 20 best female portfolio managers in the U.S. Unfortunately, the magazine didn’t give you the best stocks to buy that are held by these investment professiona
It's the time of year when students say goodbye to their much-loved summer vacations and say hello to classes again. Not only does this annual event have implications for pupils, parents, and teachers, but it also provides certain public companies with a lucrative business boost.
Telsey Advisory Group started coverage on shares of Traeger (NYSE:COOK) in a research report released on Monday, PriceTargets.com reports. The brokerage issued an outperform rating and a $30.00 price target on the stock.
Several other brokerages also recently issued reports on COOK.
Victory Capital Management Inc. reduced its stake in shares of Curtiss-Wright Co. (NYSE:CW) by 5.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,370 shares of the aerospace
Capital Advisors Inc. OK reduced its stake in shares of The Charles Schwab Co. (NYSE:SCHW) by 2.1% during the second quarter, Holdings Channel reports. The institutional investor owned 12,805 shares of the financial services provider's stock after selling 269 shares during the period. Capital