The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]...
Starbucks (NASDAQ:SBUX) announced June 10 that it is closing 400 stores in the U.S. and Canada as part of its plan to transition to "convenience-led formats" that reflect changes in the way consumers are shopping during the novel coronavirus pandemic. For Shopify (NYSE:SHOP), this is a significant win. If you own SHOP stock, you can expect more gains in the months and years ahead. Source: Jirapong Manustrong / Shutterstock.com A story appeared in Bloomberg Businessweek recently that illustrates the power of online retail. According to the June 9 article, Kraft Heinz (NASDAQ:KHC) opened an online store in the U.K. to get some of its consumer staples to people unable to buy from traditional grocery stores due to supply chain issues. It was the company's first online store in its 151-year history. So successful was the store that Heinz added more products. InvestorPlace - Stock Market News, Stock Advice & Trading Tips...
Broyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management's top 5 stock picks for investors to […]...
There's no doubt DraftKings (NASDAQ:DKNG) is going places. As U.S. states continue to legalize sports betting, the sportsbook giant has a massive growth runway. This means strong prospects for DraftKings stock long-term.Source: Lori Butcher/Shutterstock.com With investors betting on this "story stock" hand-over-fist, shares have moved up too fast, too soon. Today's valuation prices in near-term growth. And then some.The novel coronavirus may have put sports on hiatus. But with the NFL planning to hold games as scheduled this fall and the NBA starting back up as well, professional sports is coming back in a big way.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith more Americans now able to legally bet on the games, the company could see strong numbers during what's typically the sports betting industry's "busy season" (September through March).Yet, that doesn't mean shares are a screaming buy at today's prices. Up more than three-fold since April, DKNG...
Tech giants lost more than $269 billion in value on Thursday amid the market selloff. Albion Financial Group Partner & CIO Jason Ware joins Yahoo Finance’s On The Move panel to weigh in....
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...
