In a recent interview, Warren Buffett told CNBC’s Becky Quick that he would buy General Electric (GE) at the “right number”, which led to speculation that Berkshire Hathaway (BRK.A)(BRK.B) may currently be looking to get back into a GE position. Let’s remember that it was only a few short months ago that Berkshire disclosed that it sold a small GE position and build its stake....More>>>
(Published Feb. 28 by Bob Ciura)
Warren Buffett (Trades, Portfolio)’s investment conglomerate, Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), has a $148 billion stock portfolio. Buffett has filled his portfolio with high-quality dividend growth stocks.
One such dividend stock is General Motors (NYSE:GM). GM makes up approximately 1.2% of Berkshire’s portfolio.
With the election of Donald Trump and the Republican Party controlling both the House and the Senate, defense contractors are likely to continue to outperform the market. For the last ten years, the S&P Aerospace and Defense Select Index has outperformed the S&P 500 by more than 6% annually. With an increasing unstable geopolitical situation and the likelihood that the sequester spending....More>>>
What kind of fool would bet on LOWER interest rates? I would! And I did – earlier this month. Now we're making money on the trade! I know it's hard to imagine that interest rates could go down. Everyone is betting on higher interest rates. Let me share the story with you… The latest issue of my True Wealth Systems newsletter was titled, "The....More>>>
Stocks inched upwardFriday after remarks by Federal Reserve Chair Janet Yellen pointed to a rate hike later this month.
The Dow andS&P 500 posted fractionalgains.The blue chips barelyfinishedhigher on the day, up 3 points and staying above 21,000, ending at 21,005.71.
Climbing 0.2% was the Nasdaq composite, to 5870.75.
At our meeting later this month, the committee will....More>>>
Stocks extended their rally last week as both the Dow Jones Industrial Average(DJINDICES:^DJI) and S&P 500 (SNPINDEX:^GSPC)gained over a full percentage point. The two indexes are up nearly 5% so far for the year.
^DJI data by YCharts.
Earnings season is likely to continue to produce big stock swings for the companies involved. And the next five trading days have no shortage of....More>>>
Russian President Vladimir Putin attends a wreath-laying ceremony at the Tomb of the Unknown Soldier by the Kremlin wall to mark the Defender of the Fatherland Day in Moscow on February 23, 2017. A Gallup poll from Feb. 21 shows Putin’s approval rising among Americans, particularly among Republicans. (Photo by NATALIA KOLESNIKOVA/AFP/Getty Images)
The vast majority of Americans....More>>>
Related PAA Plains All American and Employee Indicted by California State Grand Jury for Alleged Violations in connection with May 19, 2015 Accidental Oil Release near Santa Barbara As Oil Rebounds, This MLP ETF Blazes A Comeback Trail Plains All American Pipeline faces charges in 2015 California oil spill (Seeking Alpha)
Facebook (NSDQ:FB) Inc. reported a strong set of Q3 numbers a week ago. However, theFacebook stock price has fallen by nearly 10% in 7 trading sessions following the announcement, as some analysts claimed ‘peak Facebook’ was now behind us. In an unexpected twist, the victory of Donald Trump in the US presidential elections has become the latest ‘thorn in the flesh’ for Facebook,....More>>>
Box (NYSE:BOX) provides a SaaS enterprise content management platform that enables small to large organizations to securely manage enterprise content while allowing secure access and sharing of this content. It provides modern cloud architecture combined with enterprise-grade security and controls, and integration to multiple corporate technology solutions.
I believe the market....More>>>