willwees
willwees
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avatarwillwees
2022-12-02
Salesforce shares fell by -11.0% during the day's morning session, and are now trading at a price of $142.67. Is it time to buy the dip? To better answer that question, it's essential to check if the market is valuing the company's shares fairly. Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. The company belongs to the Technology sector, which has an average price to earnings (P/E) ratio of 26.5 and an average price to book (P/B) ratio of 5.57. In contrast, Salesforce has a trailing 12 month P/E ratio of 279.7 and a P/B ratio of 2.4. P/B ratios are calculated by dividing the company's market value by its book value. The book value refers to all of the company's tangible assets minus its liabilities -- meaning th
avatarwillwees
2022-11-15
$Berkshire Hathaway(BRK.B)$  just released its F13 for Q3: New Holdings: TSM: Added 60M Shares for $4.1B ~ 1.4% of portfolio total LPX: Added 5.8M Shares JEF: Added 434K Shares Additions: OXY: Bought Additional 35M shares ~ +23% Para: Bought Additional 12.8M Shares ~ +16% CVX: Bought Additional 4M Shares ~ +2% RH: Bought Additional 190K Shares +9% CE: Bought Additional 433K Shares +6% Sold: Completely Exist: STOR ~ - 100% Reduced ATVI by 8.2M Shares ~ -12% In case it is not clear, retail investor should NOT follow BRK/Buffett stock picks. BRK has a long-term vision, and different type of analysis than most of us. What works for BRK may not work for you. Just use this as reference for further analysis.
avatarwillwees
2022-04-23
My recommendation is One Up on Wall Street by Peter Lynch. In One Up on Wall Street, Peter Lynch breaks the stereotypes related to what being a good investor consists of, and how anyone can beat renowned investors by using logic and common sense as their main analysis metrics. It all comes down to putting your money into the companies that you understand.
avatarwillwees
2022-11-17
$NVIDIA Corp(NVDA)$ Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in light. Nvidia stock rose over 1% in extended trading. Here's how the company did versus Refinitiv consensus estimates: - EPS: $0.59, adjusted, versus $0.69 expected - Revenue: $5.93 billion, versus $5.77 billion expected Nvidia said it expected about $6 billion in sales in the fourth quarter, lower than Refinitiv consensus estimates of $6.09 billion. Gross margin for the third quarter was down 11.6 percentage points to 53.6%, which the company attributed to taking an inventory charge because of low demand for data center chips in China.
avatarwillwees
2022-05-21
$COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$is a good choice to buy. This is the biggest bank in Australia and major mortgage lender with a market cap of nearly $161 billion. CBA's main activity is financial, retail and commercial banking services in Australia and New Zealand via its subsidiary ASB. In its H1 FY22 financial results, CBA reported a 23% increase in its cash profit. [Miser][Miser]
avatarwillwees
2022-11-18
Shares of Macy's were up nearly 12% in morning trading. Luxury names (see subsidiaries: Bluemercury and Bloomingdale's) have had strong sales, outperforming the rest of the company. Pattern of spending shift being seen as people return to in person work and are spending more to buy dressier clothing, shoes, and makeup. For the Q3, Macy's net income fell to $108 million, or 39 cents per share unadjusted, down from $239 million, or 76 cents per share, a year earlier. Earlier this week, retail earnings have been less than merry. Both Walmart and Target reported a noticeable pullback of sales in categories like apparel, electronics and home goods as shoppers spent more on necessities. Target slashed its targets going into the holiday season, saying weaker sales have continued into November. Ma
avatarwillwees
2022-11-23
$HP Inc(HPQ)$   Computer maker HP Inc. said Tuesday that it plans to cut 4,000 to 6,000 employees over the next three years. Shares rose as much as 1% in extended trading following the announcement. HP is the latest technology company to announce its intent to slim down given economic challenges. Facebook parent Meta, Microsoft and Salesforce are among those that have made similar changes. HP is responding after a deterioration in the sales of computers, which followed brought on by the Covid pandemic, where people rushed to buy computers to work and play from their homes. In a statement, HP said it expects the changes to result in annualized gross run rate savings of at least $1.4 billion in the next three years, with around $1 billion in cos
avatarwillwees
2022-11-24
$Activision Blizzard(ATVI)$   The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp's $69 billion takeover bid for video game publisher Activision Blizzard Inc, Politico reported on Wednesday. A lawsuit challenging the deal is not guaranteed, and the FTC's four commissioners have yet to vote out a complaint or meet with lawyers for the companies, the report said, citing two of the three people with knowledge of the matter.
avatarwillwees
2022-12-01
Today Reuters is reporting: "Nov 30 ( Reuters ) - Warner Bros Discovery-owned ( WBD.O ) CNN's top boss Chris Licht informed employees in an all-staff memo on Wednesday that layoffs are underway, according to a CNN reporter's tweet. A representative for CNN did not immediately respond to a Reuters request for comment." For full coverage click here. Shares of the large-cap Communication Services company have not moved much on the news as of the afternoon trading session, and are currently trading at $11.04. Warner Bros. Discovery, Inc. The company belongs to the Communication Services sector, which has an average price to earnings (P/E) ratio of 18.65 and an average price to book (P/B) ratio of 2.62. In contrast, Warner Bros. Discovery has a trailing 12 month P/E ratio of 6.1 and a P/B ratio
avatarwillwees
2022-11-16
$Warner Bros. Discovery(WBD)$   The advertising market is currently weaker than at any point during the coronavirus pandemic slowdown of 2020, Warner Bros. Discovery Chief Executive David Zaslav said at an investment conference Tuesday. If the ad market doesn't improve next year, "it's going to be hard" to hit the company's $12 billion earnings forecast for 2023, Zaslav said at RBC's Global TIMT Conference in New York. Zaslav's comments signal a change in rhetoric from large traditional media executives who generally said this summer that advertising slumps weren't significant for them even as digital media players saw a pullback. Advertisers have reduced spending as the Federal Reserve has raised interest rates to cool inflation, pressuring e

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