Investing

Money manager Douglas Gordon is worried about a potentially widespread problem in long-term investors’ portfolios. Gordon, who’s instrumental in building Russell Investments’ asset allocation strategies, believes many investors haven’t rebalanced their portfolios to reflect the historic 2019 stock market rally. According to Gordon, the market rally’s robust gains are tilting investors too far into stocks.
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Saddle River’s municipal tax rate has gone down six years in a row, said Dr. Al Kurpis, mayor of Saddle River and a dentist at Kurpis Center for Advanced Dentistry in nearby Ridgewood. Even still, residents have access to top-quality police force and public schools, according to Kurpis. The borough, which has money to spare
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CVS: Cramer said this will be one of the most critical shareholder calls to come this earnings season. As Amazon makes a foray into health care, CVS has aimed to bolster its competitive stance with its acquisition of health insurer Aetna. It’s a part of the company’s strategy to change focus from a brick-and-mortar franchise
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PepsiCo on Friday reported quarterly earnings and revenue that met analysts’ expectations, but is forecasting weaker-than-expected earnings for 2019, like rival Coca-Cola. The food and beverage giant is forecasting that it will earn $5.50 per share during 2019, down from its 2018 earnings per share of $5.66. Wall Street had expected the company to earn
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Danny Moses, a legendary investor who shorted subprime loans prior to the financial crisis in 2008, told CNBC that the cannabis industry in America has the makings for a big long. “I’ve never seen a sector have the political tailwinds, the economic tailwinds, and the wellness tailwinds that this sector potentially has,” he said on
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Coca-Cola is set to announce its fourth-quarter and fiscal year earnings before the bell Thursday. Here’s what Wall Street is expecting the company to report, according to a survey of analysts by Refinitiv: Earnings per share: 43 cents Revenue: $7.035 billion As global soda consumption declines, the beverage giant has been expanding beyond its core
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Legendary investor Warren Buffett is no stranger to billion-dollar business deals. Regardless of size or scope of a transaction, the “Oracle of Omaha” uses the same research philosophy: Don’t trust forecasts or projections, especially from someone who has a financial interest in making those projections. Whether you’re buying a stock or a house or a
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Personal loans, or unsecured loans, do not require borrowing against something of value, like a house, which makes them particularly attractive for those without that kind of equity. However, that generally means the loans come with a higher interest rate than a home equity loan. The average interest rate on an unsecured loan is currently
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Akio Kon | Bloomberg | Getty Images Daniel Ek, chief executive officer and co-founder of Spotify AB. Cramer said Wall Street has misread Spotify‘s latest earnings report and guidance, and that misunderstood stocks like these give investors an opportunity to make some money. he called out stock analysts like Everscore ISI’s Anthony DiClemente who have
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Home Depot Inc.: “I think Home Depot’s stock has spent a lot of time in the penalty box. I know the chart’s real bad. I think you buy some here, but then you’ve got to wait, because I know that [in] the housing market, many of those stocks are not that strong.” Alexion Pharmaceuticals Inc.:
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Leon Cooperman, the hedge fund billionaire and former Goldman Sachs partner, came to the defense of Amazon founder Jeff Bezos, whom he called a “fabulous CEO and person,” in a conversation with CNBC’s Scott Wapner on Friday. Meanwhile, Cooperman also acknowledged he holds a small stake in American Media Inc., led by CEO David Pecker
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