|Bid||180.20 x 1400|
|Ask||181.35 x 800|
|Day's Range||180.98 - 181.13|
|52 Week Range||115.31 - 181.44|
|Beta (3Y Monthly)||-0.06|
|PE Ratio (TTM)||121.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Is Warren Buffett Expecting a Market Crash?Warren BuffettLast week, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. Markets were eagerly awaiting the filing to get a sense of how Berkshire chair Warren Buffett deployed its $100 billion
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B, $202.78), sold a teensy bit of Apple (AAPL) stock in the fourth quarter of 2018, took new stakes in three companies, dumped one position just a few months after initiating it, and continued to go bonkers for bank stocks.Indeed, the Oracle of Omaha made a total of 17 buys and sells during the three months ended Dec. 31. And because it can be instructive to see what Buffett has been up to, we took a closer look at Berkshire's latest changes to its equity portfolio.We know what the greatest value investor of all time has been doing because the U.S. Securities and Exchange Commission requires all investment managers with more than $100 million in assets to file a Form 13F quarterly to disclose any changes in share ownership. These filings add an important level of transparency to the stock market, and give Buffett-ologists a chance to get a bead on what he's thinking.When Buffett starts a new stake in some company, or adds to an existing one, investors take that as a vote of confidence. On the other hand, if he pares his holdings in a stock, it can spark investors to rethink their own investments.Here's the scorecard for what Berkshire Hathaway bought and sold during the last three months of 2018, based on the most recent 13F, filed on Feb. 14. (Keep in mind that not all "Warren Buffett stocks" are actually his picks - some smaller positions are believed to be handled by lieutenants Ted Weschler and Todd Combs.) SEE ALSO: 57 Dividend Stocks You Can Count On in 2019
Warren Buffett's Investments: Did He Play It Safe in Q4?(Continued from Prior Part)Warren BuffettAs we discussed in the previous part, Berkshire Hathaway (BRK-B) lowered its stake in Apple (AAPL) slightly in the fourth quarter. Warren
Why Warren Buffett’s Market Views Differ from President TrumpWarren BuffettOn February 14, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. The filing was highly anticipated since Berkshire Hathaway held more than $100 billion in cash
Berkshire also appeared to have shed a $2.13 billion stake in database software company Oracle Corp after having first disclosed it in November. It is rare for Berkshire, which owns some stocks for decades, to unwind an investment so fast.
The Latest Deals and Developments at Microsoft(Continued from Prior Part)A $20.6 billion opportunity Microsoft (MSFT) recently announced that it had bought education data management platform DataSense from BrightBytes. The deal included Microsoft
Red Hat Inc NYSE:RHTView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for RHT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding RHT totaled $16.24 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The Microsoft (NASDAQ:MSFT) versus Apple (NASDAQ:AAPL) is really a little misguided. If I could only own two tech companies, Apple stock and Microsoft stock would be a pretty potent combination. Over the past five years, a $10,000 investment in both stocks would have netted you $56,070, or an annualized total return of 22.9%, 876 basis points higher than the S&P 500. I'm not sure why investors feel the need to pick one over the other. It seems to me that if you can afford to own both stocks, you absolutely should, and that includes Warren Buffett. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 9 Best Stocks to Invest In During a Manic Market ### A New Microsoft Like the ads that said, "This isn't your father's Oldsmobile," Microsoft isn't the same company it was before CEO Satya Nadella took the reins in February 2014. Ian Sherr and Connie Guglielmo wrote a great article in 2018 about the transformation. You should read it. It says, in part: "One of the things that happens when you're super successful is you sort of sometimes lose touch with what made you successful in the first place," Nadella told the authors while discussing the impetus for Microsoft's annual three-day hackathon. "I wanted to go back to the very genesis of this company: What is that sense of purpose and drive that made us successful? What was the culture that may have been there in the very beginning or in the times when we were able to achieve that success? How do we really capture it?" Brilliant. It's this kind of thinking that generates ads like the one that appeared in the Super Bowl, the Xbox ad featuring its Adaptive Controller. I don't have kids, but you don't need to relish the pure joy of the message, "When everybody plays, we all win." To me, this exemplifies how far Nadella has brought Microsoft. It's an emotionally mature ad from an emotionally intelligent company which is excellent news if you own Microsoft stock. Of course, it makes sense that Apple didn't run an ad given the Microsoft Surface is the official tablet of the NFL and the official laptop of Super Bowl LIII. Why try to compete? No longer is Microsoft a boring software company. It's a tech company focused on providing solutions to real problems. There's a big difference. ### I Wasn't a Fan I must admit that I wasn't originally a fan of Nadella's. Here's what I wrote in July 2017: "Microsoft shareholders have done well since Nadella took over in February 2014. However, MSFT could have done equally as well paying Nadella and the rest of the management team a fraction of their annual compensation. "Is Satya Nadella overpaid? You better believe it." Here's what I said about Microsoft in November: "Although I've been critical about Nadella's pay in the past , there's no way you can deny that the changes he's made at Microsoft have returned it to growth mode after several years of stagnating revenues. "A CEO is paid to improve the results of his or her company, and Nadella's done just that." It's not that I condone excessive CEO compensation, but at least he's transformed Microsoft into a company that isn't sleepwalking through its business day. Not many CEOs have the power to do this. ### Tim Cook Is Great for Apple Stock For me, Tim Cook is an excellent CEO because of the things he hasn't done, rather than the stuff he has; a reality that's reflected in the gains for Apple stock. Analysts continue to push for him to open the Apple cash vault to make a big acquisition such as buying Netflix (NASDAQ:NFLX) to solidify its streaming business. Of course, Netflix would cost Tim Cook close to $200 billion, not a small sum, even for Apple. It's possible that Cook might succumb to the pleas, but I doubt it. I see Apple fully committed to continuing to develop products and services internally with bolt-on acquisitions like Shazam to fill in the gaps where necessary. Not being born with a silver spoon certainly helps minimize the need to make splashy acquisitions like the $34 billion purchase of Red Hat (NYSE:RHT) by IBM (NYSE:IBM). Apple's got plenty going on in Cupertino to keep it busy without having to spend significant hours integrating a massive acquisition. It might not be a player in streaming right now, but I have no doubt it will be five years from now. ### The Bottom Line on Apple Stock If you're going to buy Apple stock, I believe you also should buy Microsoft, and vice versa. The two companies might have been enemies at one time. Today, I think they're respectful competitors. The right question for investors to ask: Why It Makes Sense to Own Both Stocks? As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Won Super Bowl Sunday * 7 High-Yield ETFs for Brave Investors * 10 F-Rated Stocks That Could Break Your Portfolio Compare Brokers The post Apple Stock vs. Microsoft Stock: Investors Are Asking the Wrong Question appeared first on InvestorPlace.
Big Blue's fourth quarter showed some financial muscle in the face of difficult currency exchange trends and also supported some solid guidance for the next year.
During the latter part of last year, International Business Machines Corp.'s (IBM) shares were beaten down over 26% as the company missed sales estimates for two consecutive quarters and faced skepticism concerning its plans to diversify into other business lines to help rekindle its lackluster growth. The company's combined cloud services and data analytics revenue grew 5% in the fourth quarter to $11.5 billion.
The risks behind IBM’s $34 billion buyout of Red Hat are sizeable – and that’s part of the reason Big Blue is making divestment moves, an analyst says.
Today I will take a look at Red Hat, Inc.'s (NYSE:RHT) most recent earnings update (30 November 2018) and compare these latest figures against its performance over the past few Read More...
The Zacks Analyst Blog Highlights: AeroVironment, Boeing, Axon Enterprise, HEICO and Red Hat
The Latest from Tech Giants IBM, Apple, and Netflix(Continued from Prior Part)Strategic imperatives now make up more than half of IBM’s revenueIBM’s (IBM) cloud computing business continues to perform quite well. Its so-called strategic
International Business Machines (NYSE:IBM) managed to beat estimates on both sales and earnings for the quarter ending in December, but that wasn't the big news from Tuesday night. The big news is we can finally understand what IBM's business is, and how it will grow. The shares of IBM stock closed at $122 ahead of the results and opened at $133 as investors digested the numbers. It was net income of $4.4 billion, or $4.87 per share, on revenue of $21.8 billion, that beat estimates and sent IBM stock flying. Investors grabbed for a dividend of $1.57 per share that still saw yields at almost 5%, even after a 7.68% jump in the share price in pre-market trading yesterday. IBM seems to have settled on a strategy that makes sense. Calling it "hybrid multi-cloud," it's built around the idea that big companies want the flexibility of using multiple cloud platforms, along with building their own for key data and applications. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Blogger and tech analyst Kishore Jethanandani writing on FuturistLens sees this as a huge opportunity, a market growing at 17% that should be worth $97 billion by 2023. ### Putting on the Red Hat Red hats may be associated with the President of the United States these days, but IBM's turnaround began in October with its $34 billion deal for open-source software developer Red Hat (NYSE:RHT). * 7 Stupidly Cheap Stocks to Buy Now The timing wasn't ideal, coming at a peak in tech valuations, and the deal hasn't yet closed, but Red Hat has already transformed Big Blue's corporate image. During the quarter IBM delivered profitable growth in its cloud segment, with areas it dubs "strategic imperatives" now representing half its revenue. The deal also culminated the transformation of Red Hat under CEO Jim Whitehurst. What had been a provider of open source Linux software became a leader in corporate cloud services through the OpenShift container platform, which helps companies bring their existing software into clouds. IBM and Red Hat have always had a close relationship, with Big Blue executives keynoting the developer's annual technology meetings. I had personally been pounding the table for this deal since 2012, recommending readers buy Red Hat in May, dismissing what was then IBM's strategy in July. ### Silver Lining in the New IBM's Cloud IBM is no longer focused only on its own cloud, but on growing subscription revenue and cloud-based software services in hybrid cloud, AI, analytics and security, according to CEO Ginni Rometty. Containers let companies move data between clouds from Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT), while maintaining compatible data stores on their own premises. IBM's cloud then becomes the glue holding corporate data together. IBM doesn't require the scale of a cloud czar to do that. Its smaller size compared with the cloud titans becomes an advantage, although its revenue is still twice that of Oracle (NASDAQ:ORCL), with a market cap that's 50% higher than IBM's, and a dividend yield that two-thirds smaller. * 10 Consumer Stocks to Buy for Income The relative strength of Oracle's stock compared with IBM's demonstrates to just what extent IBM's problems were still fixable. IBM still has its mainframe monopoly, delivering monopoly level profits, but it has been seen only as an income stock, the value of the shares down by one-third over the last five years. ### Bottom Line on IBM Stock Red Hat has given IBM a path toward profitable growth, and IBM has spent the last quarter creating a suite of products and services it can deliver around Red Hat's hybrid cloud solution. IBM stock has long been among the cheapest tech shares out there, but only because it wasn't growing. If it can grow, the stock becomes a real bargain, and the fourth quarter results indicate it can indeed grow. The fourth quarter of 2018 transformed IBM stock from a sell to a buy. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write to him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT and AMZN shares. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks to Buy Right Now * 7 Stocks That Have Big Headwinds In 2019 * 5 Terrific Tech Stocks That Will Make You Forget About FANG Compare Brokers The post International Business Machines Finally Has A Strategy That Can Drive IBM Stock appeared first on InvestorPlace.