Tag: Buying
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Six Flags And Cedar Fair Merges: Buying The Winner (NYSE:SIX)
anton5146 Introduction Six Flags (NYSE:SIX) and Cedar Fair (FUN), among the largest global theme park operators, collectively manage 27 amusement parks, 15 water parks, 9 hotels, and more. In March, I endorsed SIX with a Buy rating at $24.87. Since then, the stock has fluctuated between $28.74 and $18.30, and is presently trading around $24.65…
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XLU: Please Don't Wait Until The Fed Cuts Before Buying
DNY59 The Utilities Select Sector SPDR ETF (NYSEARCA:XLU) is a high-quality ETF administered by State Street Global Advisors. XLU is benchmarked against the Utilities Select Sector Index, incepted in December 1998, providing investors an opportunity to invest in a well-diversified utilities-focused ETF. XLU provides investors exposure to several themes within the sector. These include “electric…
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Emerson Electric Stock: I Am Not Buying (NYSE:EMR)
otr Wytrazek/iStock via Getty Images Introduction I recently screened for equity income stocks to see if there was anything new on the shelf. Up pops Emerson Electric (NYSE:EMR). Why not Emerson? It is a company that has been increasing dividends since 1991 and yields 2.33%. It is also financially healthy with clean balance sheets. Unfortunately,…
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Who is Miriam Adelson, the casino billionaire buying the Mavs from Mark Cuban?
The Dallas Mavericks have long been associated with Mark Cuban, its voluble owner for the last 22 years. But that relationship took an unexpected twist Tuesday with the news that Cuban is set to sell a controlling share in the franchise to the casino billionaire Miriam Adelson and her family. The Athletic’s Shams Charania reported…
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PagerDuty Stock: Recent Weakness Provides Better Buying Opportunities (NYSE:PD)
Dmitriy83 Investment thesis My initial bullish thesis about PagerDuty (NYSE:PD) did not age well, as the stock significantly underperformed S&P 500 over the last quarter. The weakness in the stock price is explained by the management’s cautious outlook, which was revealed during the latest earnings call. However, the company continues demonstrating stellar revenue growth and…