Investing Club: It's traders vs. investors — and investors like us are here to fight, not flee
That's how I feel about the instant negative reaction to Best Buy 's quarterly numbers the other day and subsequent vindication, as well as the double-digit percentage drop in the stock of Dick's Sporting Goods after earnings versus Wednesday's nearly 10% increase at the close. Quite a trough to peak type of day. It's not just retail. We saw a similar instantly wrong reaction in the stock of Toll Brothers after its breathtakingly strong earnings report.
Now the instant rebounds we saw I think reflect the notion that it is worth the risk not that we will avoid recession — that's not even possible or we would not get single-digit multiples — but that we will avoid the "doozy." Your equity can be protected if your company makes things or does stuff and returns capital to shareholders via dividends, buybacks or both, while also selling at reasonable prices.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Russia is now exposed to a historic debt default: Here's what happens nextThe U.S. has announced that it will not extend an exemption permitting Moscow to pay foreign debt to American investors in U.S. dollars, potentially forcing Russia into default.
Les mer »
CTV: The Next Major Investment Opportunity in StreamingNew VIP+ Analysis: Perhaps it’s time for investors to ditch the streaming services and instead put money to work in the distributors.
Les mer »
Here’s the signal for investors from the deep pessimism of Bill Ackman and George SorosThe editor of the MacroTourist newsletter sees a possible short-term bottom amid thick-as-fog bearishness out there.
Les mer »
Dividend stocks have trounced the market this year. Here are 15 high-yield stocks expected to raise payouts the most through 2024Investors have favored companies with healthy cash flows as the central bank dials back stimulus.
Les mer »
Podcast: Anger as Terra Revived, Bored Ape in TV Show Stolen, Crypto Exec Vows to Stop Trump | CoinMarketCapOn today's CoinMarketRecap podcast with ConnorSephton, all the latest on Do Kwon's plans to revive the Terra blockchain on Friday 🚨
Les mer »
Stocks surge thanks to big rally for JPMorgan Chase and other banksFellow financials Goldman Sachs, American Express and Visa were among the other big winners in the Dow Monday.
Les mer »