In coming months, moviegoers will be treated to a pair of hagiographic films about Steve Jobs. In early April, we’ll get to see Ashton Kutcher’s impression of the legendary tech visionary. Some time later in 2013, a script Aaron Sorkin — the man behind… Read More
Investing Basics
The stock market has outperformed even the most optimistic forecasts so far this year. The S&P 500 and the Dow Jones Industrial Average are up nearly 10% in just the first six weeks of 2013. While not… Read More
Investment bankers are a fickle lot. When the market takes a tumble, they tell their soon-to-go-public banking clients to withdraw their plans for an initial public offering (IPO). But when the market is stable and rising, as has been the case in recent months, then they scramble back to those clients, telling them the time to complete the IPO has arrived. As long as the market avoids an… Read More
Investment bankers are a fickle lot. When the market takes a tumble, they tell their soon-to-go-public banking clients to withdraw their plans for an initial public offering (IPO). But when the market is stable and rising, as has been the case in recent months, then they scramble back to those clients, telling them the time to complete the IPO has arrived. As long as the market avoids an air pocket in 2013, then the coming year could prove to be a very active period for IPOs. Indeed, we’re off to a good start: There have been $5 billion worth of IPOs completed thus far this year, according to Dealogic. The tech-heavy slate of upcoming IPOs will be led this week by a debut for Xoom, a fast-growing online money-transfer service. Here are 10 other fast-growing tech companies that are currently being cajoled by investment bankers to take the plunge. A few of them may end up in your… Read More
After 25 years of service, Leon Cooperman decided to retire as head of Goldman Sachs Asset Management in 1991. His retirement didn’t last very long. Cooperman quickly launched his own investment firm, Omega… Read More
After 25 years of service, Leon Cooperman decided to retire as head of Goldman Sachs Asset Management in 1991. His retirement didn’t last very long. Cooperman quickly launched his own investment firm, Omega Advisors. Two decades later, approaching his 70th birthday, Cooperman is outgunning his hedge fund peers, many of whom are several decades younger. His firm has now amassed nearly $7 billion in assets under management. We don’t yet know how he did for… Read More
After 25 years of service, Leon Cooperman decided to retire as head of Goldman Sachs Asset Management in 1991. His retirement didn’t last very long. Cooperman quickly launched his own investment firm, Omega Advisors. Two decades later, approaching his 70th birthday, Cooperman is outgunning his hedge fund peers, many of whom are several decades younger. His firm has now amassed nearly $7 billion in assets under management. We don’t yet know how he did for all of 2012, but according to this report, Omega Advisors was up 27% through the first nine months of the year. A quick look at his top holdings shows the fund manager is still very much on top of his game. These 10 picks, accounting for 38% of his current portfolio, are all in the black. (Note that many of these stocks… Read More
In the midst of today’s raging bull market in stocks, it’s hard to think about crisis investing. As stocks surge higher toward record territory, economic troubles are the furthest thing… Read More
An investing maxim, when turned on its head, can still be true. In decades past, investors were told that you “can’t fight the Fed,” which meant that when the Federal Reserve was boosting interest rates, markets would… Read More
As readers of Top 10 Stocks already know, Chief Strategist Paul Tracy recently handed over the reins to Elliott Gue, one of the most widely followed investing strategists in the United States. Why the change? During the past… Read More
We’re calling them Retirement Savings Stocks — 10 under-the-radar investments that can provide the cash needed to enhance your quality of life after you leave the workforce. A second income, in effect. Read More
My wife used to make fun of my fondness for fantasy sports — until the day that changed her mind. Before I had a kid, I played in every type of league you can imagine — even a NASCAR league, despite the fact that I am neither a fan of… Read More