On Feb. 17, 2017, the U.S. total market cap / gross domestic product ratio reached 130%, a critical milestone as valuations remain significantly overvalued. Most of Warren Buffett (Trades, Portfolio)’s portfolio holdings as of Dec. 31, 2016, have price-sales valuations greater than the 80th percentile of the industry. Such companies include The Coca-Cola Co. (NYSE:KO), International Business....More>>>
Gilead StockIs Poised To Rise
Gilead Sciences (NSDQ:GILD) has underperformed the market with its stock price down almost 25% compared to a 10.33% gain in Nasdaq Composite (INDX:COMPX) and 14.60% gain of Dow Jones Industrial Average (INDX:INDU). Gilead and Amgen (NSDQ:AMGN)have had a very tough year, so it is interesting to know if now is the time to invest in GILD stock, not....More>>>
Legendary investor Bill Miller is the former chairman and chief investment officer of Legg Mason Capital Management. He has been named fund manager of the decade by Morningstar and ranked as the top 30 most influential people in investing by SmartMoney. Below is an edited summary of his interview with The Investor’s Podcast where he talks about determining the intrinsic value of various....More>>>
Sometimes, a dose of the right news at the right time makes a stock a buy. This is not one of those times. Patriot One Technologies Inc. (CVE:PAT, OTCMKTS:PTOTF) looks like a nice buy nonetheless, though, given the way PTOTF shares (or PAT shares, if you’re in Canada), have been acting over the course of the past few days. Friday’s bullish action was the clincher.
Hedge-fund billionaire David Tepper says it is hard to bet against a rally in stocks that has been underpinned by President Donald Trumps three-pronged campaign promises of deregulation, tax cuts and increased infrastructure spending.
Tepper, who manages one of the hedge-fund worlds more successful actively managed investment funds, Appaloosa Management, said there may be very little to....More>>>