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After A Tumultuous Q3, Warren Buffett Holds Onto 2 High Yielding Defensive Stocks
Tuesday, November 15, 2022 - 5:41pm | 558Read More...Warren Buffett, one of the most prolific Wall Street investors, is the fifth wealthiest in the world. The CEO and founder of Berkshire Hathaway Inc. (NYSE: BRK-A) boasts a net worth of more than $100 billion. He has also been increasingly philanthropic in his later years, pledging to donate nearly...
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Why Is This Analyst Bullish About Financial Sector Stocks?
Wednesday, April 14, 2021 - 3:16pm | 325Read More...Financials have typically traded at about three-quarters of the S&P 500 multiple, so a price-to-earnings increase is likely for the entire financial sector, Oakmark Funds portfolio manager Bill Nygren said Wednesday on CNBCs "Squawk On The Street." Next year's ...
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How Will The Election Impact The Banking Industry?
Thursday, September 24, 2020 - 7:57am | 1206Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. It’s a precarious time for banks around the world. In the U.S., financial stocks have grossly underperformed the overall...
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Financials Sector Could Be In Focus Today As Treasury Yields Tick Higher
Tuesday, June 2, 2020 - 10:44am | 1798Read More...Key Takeaways Oil prices rise on expectations of economic reopening, extended output cuts Zoom reports after the bell today, Slack later in the week Space X launch seems to help Tesla shares; both companies share a CEO (Tuesday Market Open) It seems that investors and traders are remaining...
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Big Banks: Playing A Rebound Within The Financial Sector
Tuesday, May 19, 2020 - 12:27pm | 1295Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The financial stocks have been hit hard since the market selloff began in February, as the economic realities of the COVID-19 pandemic...
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American Express Analyst Recommends Buying The Dip
Monday, March 2, 2020 - 3:31pm | 337Read More...Shares of American Express Company (NYSE: AXP) hit a fresh 52-week low on Friday and the "coronavirus-inspired selling" is overdone and investors should be buyers of the stock, according to Argus. The American Express Analyst Stephen Biggar upgraded American Express from Hold to Buy with...
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Community Banks Are 'Cash Flow Machines' And Other Takeaways From The OTCQX Community Bank Conference
Thursday, October 10, 2019 - 10:45am | 1237Read More...“In reasonable economic times community banks are pretty much cash flow machines,” according to Tim Melvin, author of The Community Bank Investor Newsletter and Banking On Profit. Melvin made that remark at the OTCQX Community Bank Virtual Investor Conference held in late-September,...
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The Most Represented Industries On OTCQX
Thursday, September 12, 2019 - 11:23am | 762Read More...This article is from Benzinga’s Partner Content team The U.S. equities universe is a lot larger than most people realize. While there are over 6,000 stocks that trade on the NYSE and Nasdaq—the two largest U.S. exchanges—U.S. investors actually have access to over 10,000...
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As Oil Prices Jump, Energy Shares Help Fuel Market Rally
Thursday, June 13, 2019 - 10:06am | 1369Read More...Without too much in the way of news on the U.S.-China trade front, higher crude prices and a rebound in chipmakers seem to be helping bring buying sentiment back to the market Thursday morning after yesterday’s tepid session. Oil prices rose this morning on news that two oil tankers were...
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5 Years Later, The "Middle Ground" For Publicly Traded Banks Keeps Growing
Thursday, May 23, 2019 - 10:19am | 811Read More...Prior to 2012, a community bank had two options if it wanted to go public: IPO on an exchange or trade on what’s now known as the Pink Open Market. One of those options is capital intensive. The other comes with minimal financial standards and disclosure requirements. For many firms, neither...
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A Pro's Case For Buying Small Caps, Financial Stocks During Sell-Off
Friday, October 12, 2018 - 2:46pm | 325Read More...Small-cap stocks are not immune to the broader market sell-off, and the group was down 11 percent from its high and in correction territory as of Thursday, according to TradeWise Director Tom White. TradeWise is an options-based trade advisory firm and affiliate of TD Ameritrade. What...
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A Look Back At What's Happened To Each Sector Through The First Half Of 2018 (Part 1)
Tuesday, June 19, 2018 - 11:54am | 1638Read More...It may not be as large as the bond market or as ubiquitous as real estate, but the stock market is definitely the most talked about of the financial markets. And while this has pretty much always been the case, the rise of index investing and robo-advisors in the last decade or so has...
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'Best-In-Class' Bridgewater Bancshares Has 20% Upside Potential, DA Davidson Says In Bullish Initiation
Monday, April 9, 2018 - 11:45am | 362Read More...Bridgewater Bancshares Inc (NASDAQ: BWB) recently offered 6.7 million shares in an initial public offering at $11.75 each. The Analyst D.A. Davidson analyst Kevin Reevey initiated coverage of Bridgewater with a Buy rating and a 12-18 month price target of $15.50, suggesting 20-percent upside...
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Barclays Notches Sell-Side Upgrade On Capital Progress, Dwindling Regulatory Risks
Thursday, March 8, 2018 - 11:28am | 433Read More...Goldman was previously a Barclays PLC (ADR) (NYSE: BCS) bear due to concerns about the capital building the company had to undergo to narrow the gap to its U.K. and EU investment banking peers and meet financial regulations. The firm's thesis on the UK banking giant changed Thursday. The...
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'Suboptimal' Risk-Return Triggers Capital One Downgrade
Wednesday, February 21, 2018 - 3:05pm | 389Read More...Capital One Financial Corp. (NYSE: COF)'s upside is fully priced in, according to Nomura, and the bank and credit card issuer has little room for multiple expansion. The Analyst Nomura analyst Bill Carcache downgraded shares of Capital One from Buy to Neutral and lowered the price...















