We believe defensive (or staples-oriented) retailers are increasingly attractive — especially if the recovery is volatile and economically sensitive stocks stumble. For example, in the panic of March 2009, investors piled into perceived safe havens. Since then, the rubber band…
Some analysts have been puzzling over the high price Buffett agreed to pay for Burlington Northern Santa Fe (BNI). He paid $100 a share for a company that has earned $5.38 over the last 12 months for a trailing multiple of…
If you talk to people in the crypto space, and you tell them you’re 100% invested in Bitcoin, they think that you’re super-risk-averse. It’s like the boomer coin – Liz Young, Head of Investment Strategy, SoFi Technologies [Bitcoin is] not…
Yesterday after the close the federal judge overseeing the FTC’s request for a preliminary injunction against the Whole Foods/Wild Oats merger rejected the FTC’s case. The FTC now has until noon on Monday to appeal the ruling. If they don’t,…
I was talking to a young woman who likes working on cars and wants to start investing in stocks the other day and it occurred to me that the auto parts retailers Autozone (AZO) and O’Reilly (ORLY) might be the…
This is unbelievable: Intel (INTC) is trading below $13 a share. That’s right around where it bottomed in October 2002 after the tech bust. Prior to that, it hasn’t traded at these levels since 1996 – shortly after its IPO….