Where Will Shopify Be in 1 Year?
Shopify (NYSE:SHOP) is a massive eCommerce platform used by small, medium and large businesses across the retail sector to power online sales. Like many tech-related stocks, Shopify has had a good year, having risen by over 75% in the last 12 months. Can Shopify maintain this momentum, and is the stock worth buying for the […]
What Is The Billionaire with Perfect Record Buying?
On September 16, 1992, the British government was working frantically to maintain the value of the pound after a chain of events threatened to devalue the country’s currency. It failed, the pound plummeted, and the day was known as “Black Wednesday” from then on. George Soros and his hedge fund manager, Stanley Druckenmiller, saw the […]
Billionaire Druckenmiller Has 11% In Only 1 Stock
Sometimes referred to as the Amazon of South Korea, eCommerce company Coupang (NYSE:CPNG) is up over 14% in the past trading week due in large part to a better-than-expected Q4 earnings report. With eCommerce still booming and new markets opening up worldwide, Coupang stock has grabbed the attention of many retail investors, as well as […]
The Danger of Owning Capital One
In a rare move toward consolidation in the credit card industry, Capital One (NYSE:COF) recently offered $35.3 billion to purchase Discover Financial Services (NYSE:DFS). Although these two companies put together could be quite successful, numerous risks, pitfalls and uncertainties threaten the deal. So, what’s going to happen if the acquisition goes through? Discover’s Pros and
How Did Mr Lambo Make His Money?
Adrian Portelli is a self-made millionaire (or potentially billionaire, according to some sources) who has generated tremendous wealth by investing in real estate and vehicles. After minor success with an early business venture, Portelli used the income to start LMCT Plus, a company that gives its members various perks, including discounts and raffle tickets to […]
Where Will Stryker Stock Be In 1 Year?
Medical technology may be better than ever, but life expectancy in the US is headed in the wrong direction. The average life span of 78.8 years in 2019 decreased to 76.1 years in 2022. The declining trend highlights the continued need for improved medtech to combat diseases and conditions. As the third largest medical technology […]
Why Is CSPI Stock Going Up?
While companies like NVIDIA and Microsoft stole the stock market show in 2023, IT and cybersecurity firm CSPI Incorporated (NASDAQ:CSPI) blew the market completely out of the water. Up 804% over the past year, this small technology company has generated outsized returns for its shareholders. Why is CSPI going up, and can this trend of […]
Is Buffett’s Latest Masterstroke A Forever Hold?
While Warren Buffett is largely known as a buy-and-hold investor, his definition of “hold” changes depending on his conviction. He has not been shy in the past about sharing mistakes, meaning purchases that subsequently were losers. IBM, for instance, was a classic example of Buffett buying a stock and then doing a U-turn on it […]
How Much Does Berkshire Hathaway Make Per Day?
The story of how Warren Buffett turned a failing textile company into a global conglomerate has been well told, and for good reason. Buffett’s fascinating rise from paperboy to billionaire exemplifies the dream of so many investors. But the story is far from over for the former textile mill, Berkshire Hathaway (NYSE: BRK.A, BRK.B). In […]
Is CPI Rising Good or Bad?
Though inflation has come down from its highs a couple of years ago, January’s consumer price index (CPI) data still show it running hotter than economists expected. Core CPI, which excludes food and fuel to limit the effects of more volatile commodities, rose 3.9% in January against economist expectations of 3.7%. The fact that inflation […]
How Did Jim Breyer Make His Money?
When you hear that Jim Breyer’s parents were Hungarian immigrants, you might assume they came to the United States looking for opportunity. In reality, his parents had excellent educational backgrounds and jobs. His father was an engineer who held an executive position at International Data Group. His mother was a Honeywell executive. While these jobs […]
Where Will Medtronic Stock Be in 1 Year?
Medtronic (NYSE:MDT) is a major manufacturer of medical devices, including surgical tools, insulin pumps, pacemakers and spinal implants. With a valuation of well over $100 billion and annual sales exceeding $30 billion, there is little doubt that Medtronic is a market leader in the medical device industry. The stock, however, has lagged the market over […]