Keith Gill, also known as “Roaring Kitty,” has been making waves in the world of meme stocks. His recent disclosure of owning over 9 million shares of GameStop has raised eyebrows and sparked curiosity among investors. By increasing his ownership in GameStop’s common stock, Gill has solidified his position as a key player in the
Investing
The analysis of Wall Street top pros’ favorite stocks reveals that Burlington Stores (BURL) is a top pick due to its strong performance in the first quarter of fiscal 2024. The company’s ability to raise its profit margin and earnings outlook for the full year has impressed investors and analysts alike. Jefferies analyst Corey Tarlowe
In December 2023, Apollo Asset Management Co-President Scott Kleinman took a contrarian stance amidst the market’s anticipation of rate cuts. While many were bracing for monetary policy changes, Kleinman boldly declared his bet against any rate cuts in 2024. Fast forward to the present, and it seems that his unconventional call has indeed paid off.
In a volatile market, investors often seek refuge in dividend-paying stocks for stability and income. Wall Street analysts play a crucial role in identifying top dividend picks for investors to consider. Among the notable dividend stocks recommended by Wall Street experts is IBM. Despite announcing mixed first-quarter results, IBM remains an attractive option for investors
In a recent move, Cathie Wood’s ARK Invest has further solidified its position in the realm of artificial intelligence by taking a stake in Elon Musk’s startup xAI. The ARK Venture Fund, managed by the Florida-based asset manager, made this investment as part of its strategy to tap into the growing potential of AI technology.
In a surprising move that caught the attention of investors, Semler Scientific, a relatively unknown medical technology company, recently announced its decision to embrace bitcoin as its primary treasury reserve asset. This strategic shift mirrors the approach taken by industry giant MicroStrategy and has already resulted in a significant boost to Semler’s stock value. As
Workplace management software maker Monday.com has caught the eye of investors and Wall Street analysts due to its impressive first-quarter results. The company’s products have generated strong demand across all end markets, leading to a positive response from investors. Goldman Sachs analyst Kash Rangan reiterated a buy rating on Monday.com stock and raised the price
Activist investors have been facing defeat after defeat in proxy fights this year, raising doubts about their credibility and power. These modern-day activists are different from the original pioneers who aimed to bring about necessary governance reforms. The question of whether today’s activist investors truly add economic value is a topic of debate, especially considering
When analyzing the current consumer price index report for April, investors are hopeful for potential rate cuts from the Federal Reserve, which would make dividend-paying stocks more favorable. One such stock that stands out is Ares Capital (ARCC), a company specializing in financing solutions for small- and middle-market companies. Following the announcement of its first-quarter
Warren Buffett, known for his successful investments and insights in the stock market, recently disclosed his latest stock pick in a regulatory filing. Berkshire Hathaway, his conglomerate, has purchased nearly 26 million shares of the insurance company, Chubb, with a stake valued at $6.7 billion. This investment has positioned Chubb as one of Berkshire’s top