Warren Buffett has most of Berkshire’s portfolio tied up in just 4 stocks. Here’s what they are

Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller Warren Buffett’s $282 billion of equity investments are heavily concentrated in just four stocks, according to a securities filing by Berkshire Hathaway. Buffett’s Berkshire reported its quarterly earnings on Saturday morning, showing rising operating earnings and continued stock buybacks. … Read more

Cramer bemoans lack of earnings momentum in stocks: ‘It’s starting to bother me’

CNBC’s Jim Cramer on Wednesday gave his prognosis on the market as many stocks failed to gain trading traction after positive quarterly reports. “Most stocks simply aren’t getting much pin action now for what they do, in part because, well, the market’s had a miraculous run,” the “Mad Money” host said. “That makes everything seem … Read more

Wall Street analysts pick stocks to cash in on a potential $1 trillion energy opportunity

Technicians inspect the direct air capture system at the Carbon Engineering Ltd. pilot facility in Squamish, British Columbia, Canada, on Monday, Nov. 4, 2019. James MacDonald | Bloomberg | Getty Images Analysts on Wall Street believe a “hidden” investment opportunity in the energy sector could be instrumental as the world attempts to transition away from … Read more

Citigroup CEO Jane Fraser says of moves to shrink retail banking footprint: ‘We want to be a winner’

Citigroup CEO Jane Fraser said that she decided to exit the bank’s retail operations in 13 countries outside the U.S. to improve returns. One of the biggest priorities for Fraser, who took over for predecessor Michael Corbat in February, is to bring New York-based Citigroup’s returns closer to those of peers including JPMorgan Chase and Bank … Read more

Concerns over inflationary pressure on earnings will test stocks in the week ahead

Traders on the floor of the New York Stock Exchange. Source: CNBC Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in inflationary pressures. From Coca-Cola and IBM to Johnson & Johnson and Netflix, investors will hear … Read more

Big bank stocks are ‘dirt cheap’ after posting earnings, Jim Cramer says

Big bank earnings are out and the results were positive enough to quell one concern about their valuations, CNBC’s Jim Cramer said Thursday. The stocks of large financial institutions like JPMorgan Chase and Wells Fargo have surged from last summer, far outgaining the market. Cramer, himself an alum of Goldman Sachs‘ investment shop, said their … Read more

Berenberg says rising inflation is here to stay — and names the stocks to play it

The U.S. Treasury building in Washington, D.C., on Friday, March 19, 2021. Samuel Corum | Bloomberg | Getty Images Berenberg has picked a number of stocks it says are “winners” in the face of rising bond yields and inflation, which it expects to increase over the next decade.  Source link

Earning season is about to get underway and that could be a positive catalyst for stocks

A man wearing a protective face mask walks by 14 Wall Street in the financial district of New York, November 19, 2020. Shannon Stapleton | Reuters The earnings reporting season gets underway in the week ahead, and it is expected to be a positive catalyst that could continue to send stocks higher for now. The … Read more

Goldman Sachs recommends these stocks as the economy roars back to life

A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Investors and strategists expect the economy to roar for the rest of the year. Goldman Sachs has identified the companies that are likely to benefit from the bounce back. Source link

BofA names the ‘must have’ global stocks set to pop on a China spending boom

d3sign | Moment | Getty Images Analysts from Bank of America have picked their favorite luxury fashion stocks, as the sector shifts from “nice-to-have” to a “must-have” for investors. The global stock picks are set to cash in as millions of Chinese consumers rush to buy high-end clothing and handbags online, the analysts said in … Read more