The recent earning announcement on May 31, 2017 created sudden fear in the public’s mind and brought the stock price of Michael Kors (NYSE:KORS) down by around 9% in one day. As of this writing, the price remains at $33. In this article, I will discuss one negative and five positives, and explain why you should consider buying the stock at this low price.
Today I’m going to show you two business development companies (BDCs) that were great buys once but now need to be banished from your portfolio right away.
They’re all good companies, but recent market fervor has caused them to be way overpriced. And while the bull run has been good for all BDCs, there is still one I still see as underpriced relative to its potential. More on....More>>>
Children’s Place Inc (NASDAQ:PLCE) files its latest 10-K with SEC for the fiscal year ended on January 31, 2018. Children’s Place Inc is an apparel retailer that operates stores in North America and sells through its website and wholesale. It designs, contracts to manufacture, and sells merchandise under the brand names The Children’s Place, Place and Baby Place. Children’s....More>>>
This is different from the market two months ago. Volatility has recovered, even if it remains modest relative to historical levels. Major stocks such as Procter & Gamble (NYSE:PG) and Wal-Mart (NYSE:WMT) have fallen sharply over the past few weeks.
This is a more cost-effective and more cautious environment. However, this is not a bad thing. After a basically uninterrupted rebound after....More>>>
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>>>
Warren Buffett (Trades, Portfolio)’s annual letter to shareholders of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) was released last weekend, and as usual, Wall Street has spent the last few days dissecting the letter for any guidance and tips from the Oracle of Omaha on investing and strategy.
Buffett’s letter to investors has become somewhat of a yearly investment bible for value....More>>>
Athletic apparel stock Lululemon Athletica inc (NASDAQ: LULU) reported Q2 2017 earnings after the Thursday market close with results toppingexpectations as online sales surged 30% after an effort to beef up the eCommerce strategy plus the Company raised its outlook. Net revenuegrew 13% to$581.1 millionas total comparable sales increased 7% and comparable store sales increased 2%, or increased by....More>>>
Small cap dieting stock Weight Watchers International, Inc (NYSE: WTW) reported Q2 2017 earnings after the Thursday close with shares surging 14% in after hours trading as results were helped by its Oprah Winfrey-fueled marketing and updated diet program. The Company has been mounting a turnaround since Oprah bought a stake in the Company in 2015 and also agreed to pitch the brand.
Stocks finished mixed today, with the Nasdaq Composite closing at its fourth consecutive new high but the Dow Jones Industrial Average remaining mired below 20,000.
The S&P 500 finished little changed at 2,268.90 today, while the Dow Jones Industrial Average dipped31.85 points, or 0.2%, to 19,855.53. The Nasdaq Composite rose 0.4% to 5,551.82.
To the Shareholders of Berkshire Hathaway Inc.:
Berkshire (NYSE:BRK.A)(NYSE:BRK.B)’s gain in net worth during 2016 was $27.5 billion, which increased the per-share book value of both our Class A and Class B stock by 10.7%. Over the last 52 years (that is, since present management took over), per-share book value has grown from $19 to $172,108, a rate of 19% compounded annually.*