188.05 +0.09 (0.05%)
Pre-Market: 7:17AM EDT
|Bid||187.50 x 100|
|Ask||188.00 x 100|
|Day's Range||187.57 - 188.62|
|52 Week Range||142.35 - 188.62|
|PE Ratio (TTM)||21.26|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
“I don’t value IBM the same way that I did 6 years ago when I started buying … I’ve revalued it somewhat downward,” Buffett told CNBC. Consider this: Buffett sold approximately 27 million IBM stock shares in the first five months of the year.
Motley Fool co-founder David Gardner stands again on the shoulders of giants and applies their diverse wisdom to the world of personal finance and investing.
A fusion of brilliant business minds created Kraft Heinz, but industry headwinds have caused the stock to underperform since the merger.
Bank of America said its third-quarter profit rose 13% as higher interest rates helped the bank inch closer to meeting long-held profitability goals.
Goldman Sachs Group Inc is betting it can get its money-making mojo back by pitching creative deals to big, complex clients, marking a return to its investment banking roots as trading revenue slows. The Wall Street bank is forming a group, known internally as the Innovation Lab, focused on generating compelling deal ideas for companies like Warren Buffett's conglomerate Berkshire Hathaway Inc or Japan's SoftBank Group Corp's $93 billion investment fund, people familiar with the matter said. The new "brain trust," as one insider called it, is aimed at supercharging investment banking revenue as trading, for many years Goldman's profit engine, has faltered amid regulations and market trends that hurt the bank more than rivals.
Owning more of a great stock would be the best way for Buffett to spend his money. So, he should just buy more Apple.
The Zacks Analyst Blog Highlights: Comcast, Wal-Mart Stores, Berkshire Hathaway, Bank of America and Twenty-First Century Fox
Visa Inc (NYSE:V) finds itself in a unique position. Along with archrival Mastercard Inc (NYSE:MA), it’s a financial transaction processing company poised to capitalize as society becomes increasingly cashless.Source: Shutterstock