Stocks In This Sector Are Firing on All Cylinders, and Rewarding Shareholders

A number of sectors are looking strong going into the back half of the year. In one sector, costs are going down, expenditures look likely to drop, and prices remain robust, which makes for an attractive move going forward. The sector? Oil and natural gas. A number of companies are looking good as OPEC is set to meet on production, with oil potentially capable of seeing oil hit $100 per barrel. Case in point is ConocoPhillips (COP). The energy giant just increased ...
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Everyday Low Prices Come to the Prescription Drug Market

Even when inflation rates weren’t rising at multi-year highs, prices for some goods have been rising far higher than the national average. One of the biggest areas with increasingly higher prices has been in drug costs. Enter Walmart (WMT). The retail giant is now offering a private-label insulin. The diabetes drug is priced at nearly 50 percent lower than brand names, potentially saving users thousands of dollars per year. The company’s ReliOn NovoLog brand of insulin vials and pens has started being ...
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This Tech Play Joined the Trillionaire Club, and Still Has Room to Rally

Big tech companies have been in the spotlight over a number of their business practices. While the jury is still proverbially out on more regulation for big tech, one judge recently threw out a lawsuit against Facebook (FB). The lawsuit was an FTC complaint regarding a number of antitrust complaints, given the company’s anti-competitive nature. Shares of the social media firm rallied on the news, allowing the firm to hit a $1 trillion market cap for the first time. There’s likely room ...
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It’s Still a Low-Yield World, So Buy Dividend Stocks That Do This

With inflation running at annualized rates near 5 percent right now, the notion of locking up money in a 10-year government bond that pays just 1.5 percent seems ridiculous. But rather than go all the way up the risk scale, investors looking for income can find better starting  yields and even find opportunities to grow that income over time. But instead of the bond markets, those with a multi-year time horizon will likely do best with dividend growth stocks. With many companies ...
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Media Merger Rumors Show Value in Two Companies

The stock market has always been rife with rumors. From big players talking up positions or trying to talk down a shorted stock, it’s part of the great game. This week, merger speculation occurred that Comcast (CMCSA) was looking to merge or buy out a number of smaller players. While Wall Street analysts are trying to downplay these rumors, the possibility has been floated that the cable giant turned media powerhouse is looking to buy up either Roku (ROKU) or ViacomCBS ...
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The World’s Most Successful Conglomerate Buys… Itself

The pandemic saw a rapid drop in companies paying out dividends or buying back shares. That trend has now reversed. Even though most stocks are above pre-pandemic levels and have been for some time, buybacks are still moving higher. One such company that’s gotten into the buyback game in recent quarters is Berkshire Hathaway (BRK-B). The conglomerate operated by Warren Buffett has been making small purchases of its shares, with an estimated $6.4 billion buyback in the current quarter. Buffett follows the ...
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Is It Time for Short Squeeze 2.0?

Possibly. The past few weeks have seen AMC Entertainment (AMC) raise billions of dollars in capital from selling shares at market, and retiring debt. And earlier this week, GameStop (GME) announced it completed a 5-million share sale as well. By raising this capital, these companies are now well-funded for future expansions. And by paying off debt, they improve their cash flows by avoiding interest payments as well. That doesn’t even get into the possibility of a short squeeze. While the market is ...
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This Tech Infrastructure Play Offers Growth and Value

With traders uncertain as to the market’s next move, a great way to find opportunities is to look for the best values in each sector. For big tech, only a few companies look attractive now. That’s because the market rally of the past year has led to a high valuation in terms of earnings, sales, and other traditional measures. However, some values remain, particularly in a company that largely sat out the rally and can move higher. The big tech play? Cisco ...
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