Cineplex (TSE:CGX – Free Report) had its price objective boosted by Canaccord Genuity Group from C$12.25 to C$14.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock. CGX has been the subject of several other reports. National Bankshares boosted their target
Month: October 2023
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman would “absolutely” do a deal with X, the social platform previously known as Twitter, with his newly approved investment vehicle, Ackman told The Wall Street Journal in a story
One of the best ways to spot potential opportunities is by looking for which insider stocks to buy. In fact, for insider stocks to buy, who knows the company better than a CEO, CFO, COO, officer, employee, or director? If they’re buying a sizable number of shares, it’s often a good idea to start looking
In every sport in the world there is always a great exemplary sportsman, someone that everyone admires and wants to follow in his footsteps, in our world of financial markets, that great exemplar and teacher for everyone is the great Warren Buffett, better known as the Oracle of Omaha. Following in his footsteps, studying his
Cassia Capital Partners LLC bought a new position in Mastercard Incorporated (NYSE:MA – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,214 shares of the credit services provider’s stock, valued at approximately $477,000. Other hedge funds also recently bought and sold
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Media stocks — A handful of media and studio stocks rose Wednesday after the nearly 150-day writer strike ended. Shares of Warner Bros. Discovery and Paramount Global jumped more than 2.5%, while Comcast added 0.9%. Disney hovered near the
Recent comments by Bank of America (NYSE:BAC) CEO Brian Moynihan have increased my confidence in my thesis that the U.S. is heading for “a soft landing.” Specifically, Moynihan said the U.S. Federal Reserve already achieved “a soft landing.” That being said, investors may want to consider jumping back into consumer discretionary stocks – especially those that
Whenever positive industry tailwinds last for the long term, multiple new players enter the industry. This includes start-ups and existing companies that diversify. However, over time, fewer players remain. The industry cycles a phase of consolidation of potential company failures coupled with acquisitions. This pattern holds true for the electric vehicle industry. In the next
DAVENPORT & Co LLC reduced its holdings in shares of Costco Wholesale Co. (NASDAQ:COST – Free Report) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 150,505 shares of the retailer’s stock after selling 974 shares during the period. DAVENPORT & Co LLC’s holdings in