Warren Buffett
Buffett disciple has just one U.S. stock in his portfolio — and it’s a chip stock
The U.S. equity market is often described as the deepest and most liquid in the world, but hedge fund manager Mohnish Pabrai has only one U.S. stock in his portfolio. It’s a semiconductor stock and Pabrai explains why he likes it. After years of market-beating returns, semiconductor stocks took a drubbing this year as market […]
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Buffett disciple Mohnish Pabrai names his 2 favorite investing books right now
Looking to invest in stocks with long-term value? Veteran investor Mohnish Pabrai has two books to recommend. Speaking to CNBC Pro Talks, Pabrai — a value investor and disciple of billionaire Warren Buffett — said that “100 to 1 in the Stock Market” is an “extremely well-written” book. Authored by Thomas Phelps and originally published 50 […]
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These buyback monsters are repurchasing a lot of their stock and ready to step it up some more
Corporations are increasingly repurchasing their shares as stock prices slide, and certain companies are ready to keep the buybacks coming. A share repurchase is when a company buys back its own shares from the marketplace. Doing so boosts per-share earnings by shrinking the number of shares outstanding, possibly enhancing the value of the stock. The […]
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Investment banks pick their top battery and EV stocks — and there’s 1 Goldman loves
Goldman Sachs loves one EV stock for its battery innovation – and it also makes the bank’s conviction list of top buy-rated stocks. While HSBC named its favorite companies in energy storage, which is one of its “top conviction” themes. Chinese electric vehicle (EV) firm BYD is buy-rated by Goldman for its innovation in batteries, […]
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Stocks making the biggest moves midday: Walmart, Citigroup, Paramount and more
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fell about 10.5% after the big-box retailer reported quarterly earnings that significantly missed Wall Street’s expectations. Walmart posted adjusted first-quarter earnings […]
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Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financial sector in the past 12 months. The stock is down nearly 40% while the Financial Select Sector SPDR Fund is off by 12% over the […]
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Paramount shares jump about 10% after Buffett’s Berkshire reveals new stake
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Paramount Global jumped Tuesday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the media company. The stock rallied 9.5% around 10:10 a.m. […]
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26. Somatus
Founders: Ikenna Okezie (CEO), Tony WeltersLaunched: 2017Headquarters: McLean, VirginiaFunding: $490.1 million (PitchBook)Valuation: $2.5 billion (PitchBook)Key technologies: Artificial intelligence, machine learningIndustry: Health carePrevious appearances on Disruptor 50 List: 0 When Warren Buffett buys big into a stock, and keeps buying, it’s typically a sign that the billionaire investor thinks a company has close to monopoly-like power over some […]
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Warren Buffett’s Berkshire made a $3 billion bet on Citigroup. Here are his other picks
Warren Buffett’s Berkshire Hathaway made a few changes to its equity portfolio in the first quarter, including adding a big stake in Citigroup , according to a regulatory filing. The conglomerate bought more than 55 million shares of Citigroup to build a stake worth $2.95 billion as of the end of March, the filing showed. […]
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When inflation is high, Warren Buffett says the best thing you can do is ‘be exceptionally good at something’
Inflation is taking a toll on the American economy, with everything from gas to groceries seeing a steep price increase. There is little that individuals can do to avoid inflation at the cash register, but Berkshire Hathaway CEO and legendary investor Warren Buffett says that people can make certain moves to protect against its effects. […]
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