Warren Buffett Just Bought $562 Million Worth of These 3 Stocks Warren Buffett hasn’t seen a lot to like in the stock market lately. Through the first three quarters of 2024, Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) sold $133 billion worth of stock from the portfolio he manages for the conglomerate. While he’s made a … Read more
Artificial intelligence has enhanced many industries, including health care. Health professionals can access a wider range of tools and additional data points on each patient with AI. This information can help professionals pinpoint conditions, prevent diseases from spreading, monitor patients, prescribe drugs and tackle administrative tasks. AI will continue to enhance the health care industry … Read more
The investment industry’s Global Industry Classification Standard, GICS, was created in 1999 by MSCI Inc. (ticker: MSCI) and S&P Global Inc. (SPGI). The idea was to standardize industrial and economic sector classifications and make it easier for investors to compare companies and evaluate securities. The GICS enjoyed wide acceptance and rapid adoption on Wall Street … Read more
The death of the electric vehicle (EV) has been greatly exaggerated in 2024. Sure, there were some noteworthy setbacks in production plans or product launches in the U.S., but overall forecasts remain very strong for electric vehicle growth in the new year. Specifically, an analysis by Gartner estimates that the number of EVs in use … Read more
The S&P 500’s 2024 rally continued in November as investors anticipate a favorable 2025 environment under the incoming Donald Trump administration. Investors are also hoping the Federal Reserve has secured a “soft landing” for the economy. The S&P 500 is up by about 26% this year through Nov. 29, and top 2024 stock market performers … Read more
The fiscal 2025 National Defense Authorization Act calls for $923.3 billion in U.S. military spending, up 4.1% from 2024 levels. However, the ongoing war in Ukraine; tensions between China and Taiwan; and conflicts between Israel and Iran, Hamas and Hezbollah may force the U.S. government to increase defense industry investment in the coming years, which … Read more
While many investors can get caught up on the day-to-day gyrations of the stock market, finding the best long-term stocks can provide very impressive returns. And more importantly, picking stocks to buy and hold for the long haul can give investors peace of mind as they do not have to worry about chasing the latest … Read more