Wednesday, February 5, 2025
In its latest earnings report, Nike (NKE) reported a 36% increase in digital sales. In a press release accompanying the earnings release, President and CEO John Donahoe said, “We know it’s in times like these that strong brands get even stronger.” I tend to agree with Mr. Donahoe. I’ve written about several new names that […]
Jeff Bezos could become the founding member of the “Four Comma Club” Recently, one of my favorite financial writers, Barbara Kollmeyer of MarketWatch, wondered if Jeff Bezos could become the world’s first trillionaire. It’s not so outlandish a thought. The CEO of Amazon is already one-seventh of the way there. To grow your fortune by […]
In Uncertain Times, Investors Should Focus on High-Quality Companies Ever hear of International Holdings Co. PJSC? Eh… me neither, until recently It’s turns out, the company is surviving the new depression quite well, thank you very much. Bloomberg tells us that in the last year, the shares are up an astounding 2,819%. That’s nearly 30-fold […]
The Rules for the Global Economy Have Changed Did you hear who’s doing a brisk business thanks to the coronavirus pandemic? I don’t mean Amazon, Walmart, or Zoom, even though they’ve all seen big benefits thanks to social distancing and stay-at-home orders. Instead, I’m talking about a product much closer to my heart. Eggo Waffles! […]
Not Everyone Is Feeling the Covid-19 Squeeze Earlier this week, General Motors (GM) said it’s suspending its dividend and halting all share buybacks. This is tough to hear but I can’t say this much of a surprise. The auto giant has been taking it on the chin recently. It’s no secret why. As a result […]
For over a month now, I’ve been providing you with predictions about who will come out on top of the new normal that is quickly being established by the novel coronavirus. I’ve told you about stay-at-home stocks, work-from-home stocks, and stocks that will benefit from an acceleration in the move to do business online. The […]
The novel coronavirus does not discriminate. A prime minister can get COVID-19 just as easily as a convenience store clerk. But the impact of the virus on individual stocks has been extremely varied. There have been massive winners, massive losers, and other stocks that are basically trading where they were a few months or even […]
A $2.2 Trillion Spending Bonanza! With the U.S. economy temporarily frozen, President Trump and Congress came together to agree on a massive stimulus package. The final price tag is $2.2 trillion. It’s hard to explain just how massive that is. I noticed that in the media, the program was often referred to as a “$2 […]
Thanks to the Selloff, Solar Stocks Are a Bargain After a long period of downplaying the impact, fears of the coronavirus finally landed in Wall Street. Last week was one of the most dramatic in recent Wall Street history. The S&P 500 went from an all-time high to more than a 10% loss in the […]
