Category: News Wire

What’s The Deal With Thrift Shopping? Hey, Great Ones, can we go thrift shopping? What? What? What? What? You know … pop some tags? Only $20 in our pockets? Hunting through clothing racks looking for a come-up? Again … what? I’m talking about secondhand consignment stores. The ones that pile all the clothes other people didn’t want haphazardly all over the place. The miles and miles of clothing racks filled to the brim with the greatest fashion hits of the ‘70s, ‘80s and ‘90s — just like your favorite radio station. Sir, this is still a financial publication, right? It[…]

Will the Federal Reserve risk a recession to combat inflation? It’s a question on plenty of investors’ minds as prices have hit another new high… They surged 8.6% last month, the highest level in 40 years. And with no end in sight, investors are on the edges of their seats — and dumping stocks left and right. The major indexes have continued sliding lower. And the biggest casualty lately has been in tech. This week, Alpha Investor founder Charles Mizrahi shared why. But he also revealed one class of stocks that’ll do well in any market environment — inflation or[…]

Profits! That’s what we’re all after right?! The endgame is always to gain the financial freedom to live any life you want! Like Andy: Over the past two years, I have made enough profits through your guidance and advice to be able to move up to a larger sailboat. [Below] is a photo of Namaste being moved to her new slip. Thanks for the great advice & guidance. Keep up the great work. (Send us your dream gains goals at BoldProfits@BanyanHill.com!) For us, it’s not always about the gains. It’s about what you do with them. But the ugly truth[…]

Roku’s Superunknown Great Ones, there’s some big news brewing for Great Stuff Picks holding Roku (Nasdaq: ROKU). According to a Business Insider report, Netflix (Nasdaq: NFLX) might possibly have offered a potential takeover bid for Roku. It’s one of those “My best friend’s sister’s boyfriend’s brother’s girlfriend heard from this guy who knows this kid who’s going out with a girl who saw Netflix offer to buy Roku at 31 Flavors last night. I guess it’s pretty serious” kind of things. Business Insider, citing the infamous “people familiar with the matter,” says that Roku recently “closed the window” for employees[…]

Back in March of 2020, I took a trip with my friends to St. Augustine, Florida. It was the beginning of spring break. That’s when towns like St. Augustine get swamped with partiers from around the country. But once we got there, the town was almost empty. As COVID-19 cases climbed, people were spooked enough to put off their vacations. Over the next few months, I heard about friends and family postponing the trips they had planned for the year. 2021 wasn’t any better, with concerns over the delta and omicron variants. However, this year is different. In particular, I’ve[…]

I Feel Targeted Great Ones, Target’s (NYSE: TGT) a real tough cookie with a long history of breaking investors’ hearts … like the one in me. But that’s OK. Let’s see how they do it. It’s time to put up our dukes and get down to it. Alright, Mr. Great Stuff. Hit me with your best shot! Bright and early this morning, Target warned investors that profits would be down over the short term. Specifically, Target cut its Q2 operating margin to just 2%. That’s down from the roughly 5.3% operating margin the company forecast less than three weeks ago[…]

In 1999, America was sitting at the height of the dot-com bubble. There were two companies leading the pack: eBay and Amazon. Both sported market caps of $25 billion. Each had a surging customer base. Amazon and eBay were literally the poster boys of the dot-com era, as you can see on this BusinessWeek cover: At first glance, you might think these companies were neck-and-neck. But there was one point in eBay’s favor: It was profitable. In 1999, Amazon lost a whopping $124.5 million, while eBay raked in $2.4 million. But the next 23 years couldn’t have turned out any[…]

Twitter: The Albatross Around Tesla’s Neck Great Ones, mark my words: Elon Musk is done with Twitter (NYSE: TWTR). I mean, he’s been done for a while … but Elon was looking for a legal way out that didn’t leave him on the hook for billions. And when I say leave “him” on the hook, I mean personally on the hook for billions. Why am I so sure? Because instead of just tweeting about his dissatisfaction with his Twitter buyout — and we all know how Musk likes to tweet — this time, he done lawyered up. In a letter[…]

Seasoned stock-pickers like Warren Buffett welcome bear markets. His fund spent $51 billion to snatch up stocks in the first quarter of 2022. I’m not surprised Buffett has such conviction. After all, he shelled out $34 billion in 2009 to acquire a railroad company. The investment nearly doubled in value over the next four years. So I’m sure he’ll do OK with his latest trades. But looking at historical returns, Buffett is off the mark. I have a chart for you that shows one next-gen sector is the place to be right now. You’ll be shocked when you see how[…]

The Cost Of Being Chewy Is there any sweeter sound for an investor than “surprise profit?” Umm, how about an extra hour of sleeping in? Or another Monday off? Or the phrase “I just made some churros, want any?” OK, you got me there… If I were a Chewy (NYSE: CHWY) investor, I’d probably take you up on some celebratory churros this morning — and it’s not even 10 yet, sheesh. (You have your breakfast of champions — I have mine.) Anyway, what’s the deal with Chewy, the so-called Amazon of Pets? The purveyor of pet products for picky pooches[…]