This Pension Fund Sold Off Top Tech Stocks to Buy Walmart…Should You Do the Same?
A Canadian pension fund (Public Sector Pension Investment Board) recently made dramatic changes to its portfolio. PSP Investments currently manages over $180 billion in assets, so this news has investors scratching their heads, wondering if they should follow suit. After cutting positions in three top tech companies - Apple, Tesla, and Microsoft - they loaded up on the retail [...]
GM Restores Quarterly Dividend – and With Momentum in its Sails, the Stock is Rated a Buy
Back in April of 2020, the world's second-largest automaker - General Motors - made the decision to cut its dividend payouts. This decision came at the height of the COVID-19 pandemic when companies were hit the hardest. In February of 2020, the company paid out a dividend of 38 cents. And on September 15, 2022, they’ll issue a 9-cent [...]
Target Feels the Effects of Inflation in Latest Earnings Report – 2 Reasons It’s Still Rated a Buy
The second quarter wasn’t kind to many companies, especially retail stores like Target. As inflation continued to heat up, the company saw its profits drop an astounding 90%. While competitors like Walmart are suffering the effects of inflation-weary customers as well, the extent to which Target has been affected is far more significant due to their higher price point. [...]
Despite 2nd Quarter Woes, Nvidia is Still Rated a Buy for These 3 Reasons
Nvidia chose to release 2nd quarter earnings a few weeks early - and the results were less than investors had hoped for. While the company is known for being reliable and safe, it fell short of expectations - coming in at just $6.7 billion in revenue. This is a 17% discrepancy from the $8.1 billion management was anticipating for [...]
Disney Surpasses Netflix in Subscribers…But Does This Alone Make it a Buy?
It’s official - Disney+ has surpassed Netflix in subscribers. Now, take this with a grain of salt - as Disney+ includes ESPN+ and Hulu, two other streaming services the entertainment company owns. Nevertheless, the milestone is an important one - as Disney is poised to take a stronger grip on the streaming space than ever before. This has investors [...]
Warren Buffet Loves Chevron…So Why Shouldn’t You Buy it Right Now?
With interest rates soaring, investors are looking for safe stocks to invest in. Back in 1981, Warren Buffett’s advice for times like these is to look for companies that: Can increase their prices quickly and easily to keep up with inflation/interest rates Can take on new/more business without having to invest heavily By keeping up with his company's portfolio [...]
