Shares of CVS Health (CVS) – Get Free Report at last check were down about 2% after reports said the drugstore and health-care giant might acquire Oak Street Health (OSH) – Get Free Report for $10 billion. While that has shares of CVS at multimonth lows, Oak Street Health is up more than 27%. Interesting, though, that… Continue reading CVS Health May Buy Oak Street Health. Should You Buy CVS Stock?
Why Investors Should Care About the House Speaker Fight
House Republicans can’t come up with a speaker after three-plus days of votes and machinations. So what does that say about their ability to approve a debt-ceiling increase to keep the federal government from defaulting on its debt in coming months? Nothing good – the House GOP is clearly in disarray. Right-wing House members will… Continue reading Why Investors Should Care About the House Speaker Fight
Why Value Stocks May Again Beat Growth in 2023
From 1980 through 2021, , and especially since 2015, growth stocks outperformed value stocks. But last year value stocks vastly outperformed growth, with the Russell 1000 Value Index losing 9%, compared with a 30% drop for the Russell 1000 Growth Index. The Russell 1000 includes large-cap stocks. Recall that value stocks are ones considered undervalued according to… Continue reading Why Value Stocks May Again Beat Growth in 2023
Fund Manager Sees Value Opportunities
Sarah Ketterer, chief executive of $34 billion Causeway Capital Management, is a global value-stock investor. And she’s good enough at it to have earned a Morningstar mutual fund manager of the year award in 2017. Ketterer is a traditional value investor, looking for corporate turnarounds. U.S. stocks are likely to end flat next year, as the… Continue reading Fund Manager Sees Value Opportunities
Bankman-Fried May Suffer from Faculty-Brat Syndrome
Disgraced FTX co-founder Sam Bankman-Fried (now known to some as Scam Bankrun Fraud) is a son of professors. Both of his parents teach at Stanford University law school. Other highly successful people (remember that SBF was successful on the way up) who aren’t accused of stealing billions of dollars also are faculty brats. Harvard professor… Continue reading Bankman-Fried May Suffer from Faculty-Brat Syndrome
Costco, Anheuser-Busch Make Morningstar Consumer-Stock List
With the S&P 500 having dropped 19% this year, now might be a good time to consider buying some stocks. Morningstar has put together a list of what it sees the best stocks to own in various sectors. We’re focusing this story on the consumer-defensive sector. So how does Morningstar define “best stocks”? It’s companies… Continue reading Costco, Anheuser-Busch Make Morningstar Consumer-Stock List
Should I Buy Stocks Now?
The stock market isn’t a casino. Casinos actually have predetermined odds with the house taking a cut in games like poker where it does not have a stake in the action. Slot machines have a legal minimum payout and sports betting works with the house both taking a cut and oddsmakers moving the betting line… Continue reading Should I Buy Stocks Now?
Economist Roubini Sees ‘Mother of All Stagflationary Debt Crises’
Debt around the world is growing as governments, businesses and individuals have gone on a spending and borrowing spree during the covid pandemic and as it has eased. Nouriel Roubini, chief economist of Atlas Capital Team, sees that debt causing big-time trouble. He has garnered the moniker “Dr. Doom” and predicted the 2007-09 financial crisis. “The world… Continue reading Economist Roubini Sees ‘Mother of All Stagflationary Debt Crises’
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