Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices. But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Rock-bottom prices don't always mean rock-bottom businesses. The stocks we're examining today have all touched their 52-week lows, creating a classic investor's dilemma: bargain opportunity or value trap?
Tech stocks surged Monday, after President Donald Trump exempted smartphones, computers, and other consumer electronics from tariffs.
As chief marketing officer at the footwear brand, Heidi Cooley had a digital and social-first approach to driving growth.
(Reuters) -Goldman Sachs surpassed first-quarter profit estimates, fueled by stock traders who capitalized on volatile markets to bring in record equities revenue, but the bank's CEO warned of a difficult environment ahead. The Wall Street bank joined rivals JPMorgan Chase and Morgan Stanley in reporting higher profits, but investors are more focused on future projections as tariffs increase inflation and recession risks. "While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients," said CEO David Solomon, who noted the "great uncertainty" that hung over markets in the first quarter.
Even though a late stock market rally on Wall Street on Friday has been extended in futures prices into a new holiday-shortened week, flip-flopping of U.S. trade policy announcements over the past two days doesn't bode well for corporate and household planning - or indeed market stability. Another big focus of the week will be central bank meetings in Canada and in the euro zone, with both the European Central Bank and the Bank of Canada expected to lower interest rates by a quarter point each. Today, we look at the ECB's decision in detail and how it will view the sharp appreciation of the euro in its deliberations.
KKR will buy a joint venture of S&P Global and CME Group in a $3.1 billion deal, in the U.S. private equity firm's second acquisition in less than a week despite a tariff whiplash slowing the pace of dealmaking activity. The proceeds from the deal to sell London-based OSTTRA — which provides post-trade services for global over-the-counter markets across interest rate, foreign exchange, equity and credit asset classes — will be divided evenly between financial data provider S&P Global and derivatives marketplace CME, the companies said on Monday.
WASHINGTON (Reuters) -Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices, the International Monetary Fund said in a report on Monday. That in turn can generate market volatility which can threaten financial stability, it said in a chapter from its forthcoming Global Financial Stability Report. The IMF did not mention specific events, such as the sweeping tariffs U.S. President Donald Trump has announced in recent weeks.
Right now, stocks are trading up — so it looks like investors think the tech tariffs are at least being pushed off into the future or maybe won’t happen at all.