I didn’t think it was possible for Warren Buffett and Charlie Munger to run out of ways to spend the Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) cash hoard, which shrunk to a little more than $100 billion in the first quarter, but it appears that might be the case. Berkshire stock is not what it once was.
Buffett bought another 75 million shares of Apple Inc. (NASDAQ:AAPL) in Q1 2018 bringing the company’s total ownership to 240.3 million or about 5% of the iPhone maker’s stock.
Don’t get me wrong, I’m a big fan of Apple stock, its products, and even Tim Cook, who’s managed to grow into the job as CEO after the thankless task of following Steve Jobs in the role.
And it’s fair to say that both companies benefit from the investment: Berkshire Hathaway gets something like $700 million in dividends annually and Cook gets a ringing endorsement of his company’s stock and products.
Let’s hope this tech investment turns out better than International Business Machines (NYSE:IBM). I’m pretty sure it will, but it’s hard not to consider that possibility.
Best Warren Buffett Stocks To Watch For 2019: Greenlight Capital Re Ltd.(GLRE)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Greenlight Capital Re (GLRE)
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- [By Max Byerly]
Shares of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) hit a new 52-week low on Wednesday . The company traded as low as $14.05 and last traded at $14.15, with a volume of 249308 shares changing hands. The stock had previously closed at $14.65.
- [By Ethan Ryder]
Greenlight Capital Re (NASDAQ:GLRE) last issued its quarterly earnings results on Monday, April 30th. The financial services provider reported ($3.85) EPS for the quarter, beating the consensus estimate of ($4.43) by $0.58. Greenlight Capital Re had a negative return on equity of 23.81% and a negative net margin of 40.65%. The firm had revenue of $0.14 million during the quarter, compared to analysts’ expectations of $30.20 million. sell-side analysts forecast that Greenlight Capital Re, Ltd. will post -4.2 earnings per share for the current fiscal year.
- [By Logan Wallace]
Greenlight Capital Re (NASDAQ:GLRE) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
Best Warren Buffett Stocks To Watch For 2019: Retail Properties of America, Inc.(RPAI)
Advisors' Opinion:- [By Joseph Griffin]
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- [By Logan Wallace]
Get a free copy of the Zacks research report on Retail Properties of America (RPAI)
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- [By Ethan Ryder]
Retail Properties of America Inc (NYSE:RPAI) – Equities research analysts at KeyCorp upped their FY2018 earnings per share estimates for Retail Properties of America in a research note issued on Wednesday, August 15th. KeyCorp analyst T. Thomas now forecasts that the real estate investment trust will post earnings per share of $1.02 for the year, up from their previous forecast of $1.01.
- [By Lee Jackson]
Retail Properties of America Inc. (NYSE: RPAI) investors receive a 5.7% yield. The stock was last seen trading at $11.45 a share. The 52-week range is $10.94 to $14.70, and the consensus price target is $15.44.
- [By Max Byerly]
Dynamic Technology Lab Private Ltd lowered its holdings in Retail Properties of America Inc (NYSE:RPAI) by 46.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,722 shares of the real estate investment trust’s stock after selling 17,915 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Retail Properties of America were worth $265,000 at the end of the most recent quarter.
- [By Ethan Ryder]
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Best Warren Buffett Stocks To Watch For 2019: bluebird bio, Inc.(BLUE)
Advisors' Opinion:- [By Todd Campbell, Keith Speights, and Chuck Saletta]
Additionally, Celgene's got four other potential blockbuster approval decisions coming by the end of 2020. Earlier this year, it acquired rights to fedratinib, a myelofibrosis drug it plans to submit for approval by the end of 2018. The company also acquired rights to the cancer gene therapy liso-cel earlier this year, and it could win an FDA go/no-go decision in 2019. An application is expected next year for luspatercept, a beta thalassemia and myelodysplastic syndromes drug that Celgene thinks could be a billion-dollar blockbuster, and collaboration partner bluebird bio (NASDAQ:BLUE) could win an FDA OK for the multiple myeloma gene therapy bb2121 in 2020.
- [By Motley Fool Staff]
In his fourth segment -- something blue -- he talks about clinical-stage gene-therapy company bluebird bio (NASDAQ:BLUE). It's a RuleBreakers recommendation, and it has been for almost three and a half years. It's also a fine illustration of some key Foolish principles of investing.
- [By ]
Finally, Bluebird Bio (Nasdaq: BLUE) has long been thought as a potential acquisition target. Still a clinical-stage company without a marketable drug, BLUE's potential lies with its proprietary technology and its focus on gene therapies. Up more than four-fold since its June 2013 IPO, BLUE has all the hallmarks of an industry leader.
Best Warren Buffett Stocks To Watch For 2019: James Hardie Industries plc.(JHX)
Advisors' Opinion:- [By Shane Hupp]
Media headlines about James Hardie Industries (NYSE:JHX) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. James Hardie Industries earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 45.4803891697197 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Best Warren Buffett Stocks To Watch For 2019: BRT Realty Trust(BRT)
Advisors' Opinion:- [By Joseph Griffin]
BRT Apartments Corp (NYSE:BRT) announced a quarterly dividend on Tuesday, June 12th, Zacks reports. Shareholders of record on Monday, June 25th will be given a dividend of 0.20 per share by the financial services provider on Friday, July 6th. This represents a $0.80 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date of this dividend is Friday, June 22nd.
- [By Logan Wallace]
BRT Apartments Corp (NYSE:BRT) – Equities researchers at B. Riley reduced their FY2018 EPS estimates for BRT Apartments in a research report issued on Tuesday, August 21st. B. Riley analyst C. Kucera now forecasts that the financial services provider will post earnings of $0.94 per share for the year, down from their prior forecast of $1.13. B. Riley also issued estimates for BRT Apartments’ Q4 2018 earnings at $0.18 EPS, Q1 2019 earnings at $0.21 EPS, Q2 2019 earnings at $0.22 EPS, Q3 2019 earnings at $0.23 EPS, Q4 2019 earnings at $0.25 EPS and FY2019 earnings at $0.91 EPS.
- [By Max Byerly]
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