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The Vanguard Group is suing one of its former ultrahigh-net-worth financial advisors for allegedly violating a one-year nonsolicitation agreement he signed while an employee. The financial services giant accuses Matthew Snipes of breach of contract and misappropriation of trade secrets in its lawsuit filed June 9 in a federal court in North Carolina. Vanguard Group … Read More “Vanguard Sues UHNW Advisor Over Alleged Client Solicitation” »
Jensen Investment Management follows a simple rule for initial screenings of stocks: Companies need to have achieved returns on equity (ROE) of at least 15% annually, for at least 10 consecutive years. That’s a tall order, and it may provide comfort to investors during a period of market turmoil. The easier growth-oriented strategies of the … Read More “Four value-stock picks from a fund manager who steers clear of the energy sector” »
Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is an 85-year-old individual investor with 70 years of stock-trading experience. Kaplan grew up in a poor family in the Bronx, N.Y., but by … Read More “Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market” »
How do you know if you need a financial advisor or not? Getty Images Question: I am considering quitting work soon. I invested in Tesla early and 100x-ed and have a very low eight digit value now. I see several funds claiming to return about 10% annually, but I’m afraid Madoff had similar return plans. … Read More “I invested early in Tesla and now have an 8-digit nest egg. Do I need a financial advisor?” »
An earnings recession is not the biggest threat that the stock market is facing right now. It may seem like a strange claim to make in a week where the biggest retailers are reporting disappointing earnings and retail stocks are being hit. In fact, contracting P / E multiples is the big culprit. To show … Read More “Here’s the real reason why the stock market is not sticky – and it’s not because of weak earnings” »
Cathie Wood, founder of ARK Invest, speaks at the Milken Institute Global Conference in California. Patrick T. Fallon / AFP / Getty Images Text size ARK Invest founder Cathie Wood is a long time Tesla bull. Her 2026 price target for the electric car maker’s shares is $ 4,600. However, Tesla is no longer the … Read More “Tesla loses top spot in Cathie Woods flagship fund. Roku is the new No. 1.” »
Text size Cathie Wood Lent by ARK ARK Invest founder Cathie Wood is a long time Tesla bull. Her 2026 price target for the electric car maker’s shares is $ 4,600. However, Tesla is no longer the largest shareholding in the ARK Innovation ETF. This distinction now goes to the provider of video streaming services … Read More “Tesla loses top spot in Cathie Woods flagship fund. Roku is the new No. 1.” »
Text size An American Airlines Boeing 787-9 Dreamliner. Joe Raedle / Getty Images Boeing Investors could use some good news, but they do not seem to get it Monday morning. On Sunday, Reuters reported Boeing ‘s (ticker: BA) The submission of papers to the Federal Aviation Administration needed to begin delivering the company’s 787 jets … Read More “Boeing’s paperwork needed for 787 deliveries was incomplete, the report said” »
The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read More “Oil prices are surging – these eight stocks are still bargains for long-term investors” »
Text size Cathie Wood Courtesy of ARK It may sound like sacrilege, but ARK Invest founder Cathie Wood sold some Tesla stock and bought some General Motors shares. It’s a bit of a surprise, but the devil is in the details. ARK reported late Monday the sale of about 15,000 Tesla (ticker: TSLA) shares from … Read More “Cathie Wood Sells Some Tesla Stock and Buys Some GM Shares” »
