With markets at all-time highs, it is becoming increasingly difficult to find undervalued companies. One has to look around the world to identify great opportunities. I believe that Autohome (NYSE:ATHM) is one of them, as it’s a well managed business, with high returns on invested capital, strong competitive advantages and low valuation compared to potential future cash flows. So let’s....More>>>
Analysis focus: RARE
Ultragenyx (NASDAQ:RARE), which we recommended as a buy in October 2017 when it was trading at 52-week lows, has been up 50% since our recommendation. We recommended it on the basis of an upcoming approval of its Sly syndrome treatment MEPSEVII in November – which happened; and another approval of borosumab (Crysvita) in April – which also happened. We also....More>>>
Deals and Financings
WuXi AppTec announced a $910 million IPO on the Shanghai exchange for the company’s core small-molecule CRO business. China regulators approved WuXi’s prospectus in a short seven weeks, indicating that they are very eager to list the company, China’s largest CRO, on a domestic exchange. Two years ago, WuXi AppTec de-listed from the New York Exchange....More>>>
There are a number of smart ways to reduce your inheritance tax bill (Shutterstock)
There are few more unpopular taxes in the UK than inheritance tax. Yet the latest figures from the government confirm that receipts from inheritance tax continue to rise, increasing to £5.1bn in the 12 months to May, up by around 9% on the £4.7bn collected in the same period the previous year.....More>>>
Warren Buffett is one of the most successful investors of all time, and one of the reasons why his high-performing Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) has done as well as it has is because of Buffett’s mind-set. Berkshire’s CEO seeks out businesses that already embrace the principles that he values, and corporate leaders at many of the companies that he has acquired over the....More>>>
Whats Best Investment Since 2000? Most Americans Guessed Wrong
GOP Proposes Radical Change to 401(k) System
6 Top House Annuity Bills
It promised to be one of the most contentious annual shareholder meetings since the financial crisis, but in the end, despite recommendations from at least two leading proxy firms opposing the re-election of many board members and the removal....More>>>
Since option traders seeking out top returns with minimal risk should familiarize themselves with the Greeks, James Brumley of BigTrends.com discusses Theta-also called time decay-and cites a stock example to illustrate why this Greek is so important.
Option trading need not be complicated. But-at the very least-option traders seeking out top returns with minimal risk should familiarize....More>>>
The most striking car revealed at the Tokyo Motor Show didn’t come from Honda or Toyota but from an Italian automaker you may never have heard of.
The company, Iso Rivolta, made very handsome coupes with Corvette engines during the 1950s and ’60s, an era that saw the creation of many of Italy’s most famous automobiles.
The concept car from the now-revived Iso....More>>>
We spend most of our working lives contributing money to retirement accounts but what about taking it out in retirement? If you have pre-tax, Roth, and taxable accounts, how much should you withdraw from each one? Here are some things to consider:
1) How much can you safely withdraw? The safest option is to only withdraw earnings and not touch any of the principal but....More>>>
This Christmas, get ready for a rate hike.
Federal Reserve Chair Janet Yellen said Thursday that the Fed could raise interest rates “relatively soon.” The Fed last raised its key interest rate in December 2015 for the first time in a nearly decade.
“The case for an increase in the target range had continued to strengthen,” Yellen said, while testifying....More>>>