Tag: Yahoo Finance

3 “Strong Buy” Penny Stocks That Could See Outsized Returns

Which stocks tend to polarize market watchers? Penny stocks. Out on Wall Street, investors have strong opinions when it comes to these divisive tickers, which trade for less than $5 per share.The penny stock critics make valid points when defending their stance. Sure, the price tag may look like a steal, but the fact that shares are trading at such low levels could reflect overwhelming headwinds or weak fundamentals.That being said, the fans offer up a solid argument as well. Not only does the low price mean you get more shares for your money, but hefty returns are also on the table. Even seemingly insignificant share price appreciation can result in colossal percentage gains that other more well-known or expensive names aren’t as likely to deliver.The nature of these investments presents somewhat of a dilemma. How are investors supposed to separate the penny stocks that are ready to take off on...

Warren Buffett's Berkshire Hathaway Boosts Liberty SiriusXM Stake

After Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) came under the spotlight for disclosing it sold stock in Delta Air Lines Inc (NYSE: DAL), Southwest Airlines Co (NYSE: LUV) and other airlines, Warren Buffett has made a few new, lesser-known investments.What's Going On?Since the end of May, Berkshire Hathaway increased its stake in Liberty SiriusXM Group (NASDAQ: LSXMK), in 300,000 share chunks."ORTEX Analytics insider data shows that Berkshire Hathaway has since the 21st of May bought almost 4.4 million shares in Liberty Media for just over $151 million," ORTEX Analytics co-founder Peter Hillerberg told Benzinga. "Last time Berkshire Hathaway was buying Liberty Media, in May 2017, they saw a return of almost 20% in the next two months."Image showing Berkshire Hathaway's historical purchases in Liberty Sirius XM Group.Additionally, short-interest data provided by ORTEX also shows that shares on loan, an indication of how short investors are, fell sharply after Buffet's firm...

Bond Market Flashes Stagflation Alarm After Fed’s Gusher of Cash

(Bloomberg) -- The bond market is sounding the alarm that the flood of cash that policy makers have unleashed to buoy growth in the face of the pandemic will have potentially painful consequences for the economy.The Treasuries yield curve is the steepest in three years, with long-maturity rates climbing as the Federal Reserve prints billions of dollars a week to add to its stockpile of government debt and other assets. The steepening phenomenon is typically a signal of improving growth prospects, and riskier assets such as stocks are certainly rallying. Yet some investors are more wary about what it says about inflation expectations, with U.S. activity merely giving a hint of bottoming out from what’s likely the deepest slump in living memory.The risk that the market is starting to grapple with is that in the pandemic’s wake, stagflation -- a troublesome combination of tepid growth and accelerating inflation -- takes hold...

ZoomInfo IPO: What You Need To Know

If you're looking for fresh exposure to artificial intelligence and machine learning, this B2B database wants your capital.The IPOZoomInfo Technologies Inc. (NASDAQ: ZI) will issue 44.5 million shares on the Nasdaq under ticker "ZI," according to the firm's S-1 filing. Priced between $16 and $18, the offering represents 98.1% of outstanding shares and is expected to bring in about $921.2 million.On Thursday morning, the IPO was priced at $21 per share.The lead underwriters include JPMorgan and Morgan Stanley.The company qualifies as an emerging growth company under the U.S. JOBS Act, which exempts management from certain SEC disclosure requirements.The CompanyZoomInfo guides business-to-business sales and marketing teams with a cloud-based business-insights platform meant to "shorten sales cycles and increase win rates." The product uses predictive lead and scoring data and automated sales tools to help target customers and improve sales efficiency.It currently hosts about 202,000 paid users from 15,000 companies and delivers analytics...