How Did David Einhorn Make His Money?
David Einhorn was born into a family with extensive experience in finance and investing. His father, Stephen, founded two businesses: Capital Midwest Fund and Einhorn & Associates. Einhorn’s brother works at the hedge fund his father started. After completing his education at Cornell, David entered the investment world. With a few years of experience under […]
1 Pharma Stock Insiders Are Scooping Up
Bristol Myers Squibb (NYSE:BMY) is a biopharma stock that most investors have heard of but few understand well. It also seems to be a stock that many have forgotten about because it’s looking very attractive from a valuation standpoint now. Down 30.3% this year represents a stunning underperformance when compared to the S&P 500 that […]
Is Splunk Stock Undervalued?
Shares of cloud tech company Splunk (NASDAQ:SPLK) are up more than 75% year-to-date, handily outperforming the S&P 500’s average return of 19%. Much of this gain occurred when the stock spiked following the company’s Q3 earnings report, giving existing shareholders a very healthy return on their money. The question now, though, is whether Splunk stock […]
How Did Andrew Ross Sorkin Make His Money?
Andrew Ross Sorkin began his career as a journalist before he graduated from high school. During his senior year, he worked as an intern at The New York Times. He continued working for the paper throughout his education at Cornell University. By the time he graduated, he had published over 70 articles. After completing his degree […]
PetMed Express Eyes Brighter Future
Down 56.9% so far this year, online pet pharmacy PetMed Express (NASDAQ:PETS) has really caused its shareholders a lot of heartache. Such drastic selloffs often create opportunities for value investors to buy stocks on sale, so is that the case with PETS share price or is the worst yet to come? Sales Sliding Downhill But […]
Billion Dollar Fund Bet 29.1% On 1 Stock
Among the most extraordinary investments of the last decade has been Berkshire Hathaway’s bet on Apple. Not because Buffett historically had shied away from technology or anything peculiar to Tim Cook’s firm, but more so because of the size of the bet. The Cupertino-headquartered firm now represents a full 50% of his equity portfolio. For […]
When Does Gold Go Up?
Gold prices over the past month have been on a tear, up 3.91% but for the year the return enjoyed by goldbugs has paled in comparison to the market. The S&P 500 is up 20.15% whereas gold has climbed by just 12.25%. Speculation is growing that the precious metal is on the cusp of breaking […]
Is It Too Late To Buy Shopify Stock?
Shopify (NYSE:SHOP) has had a phenomenal year, rising by 105%, and outpacing the S&P 500 by over 5x in less than 11 months. With the share price up so substantially, the opportunity for new investors may be muted, at least in the eyes of some. However, another school of thought is that the rally is […]
Where Will Opendoor Stock Be In 5 Years?
Opendoor (NASDAQ:OPEN) stock has had a blistering year, soaring by 167% year-to-date, proverbially mopping the floor against the S&P 500, up 18.9%. With such a stunning share price gain, the future appears to be bright again for Opendoor shareholders, so how will the company fare over the next few years? Opendoor Has a Technological Edge […]
Will Lowe’s Stock Recover?
It’s no secret that the housing market has been less than stellar, mainly due to high mortgage rates and persistently high inflation. Home improvement companies have also felt the pinch as customers defer taking on pricey home projects until their wallets feel fatter. That crunch has affected both revenues and the stock price for industry […]
1 Coffee Giant Brewing Success Beyond Beans
Set up a coffee shop, create a wide-ranging menu that caters to a broad number of tastes, charge a premium and make a lot of money. The formula for success seems pretty straightforward for a single coffee shop but replicate that at scale, globally, and the ball game is very different. Yet, that’s precisely what […]
717,000 Reasons to Like This Bank
Banking, lending and personal finance platform SoFi (NASDAQ:SOFI) is among the hottest up-and-coming fintech companies in today’s market. With a growing customer base of young users, the company has been able to position itself as an all-in-one financial services provider. Despite impressive business growth, though, SoFi stock has lost well over half its value since […]