Christian Olesen's Olesen Value Fund declined by 5.6% in June, according to a copy of the firm's monthly report ValueWalk has been able to review. Following this performance, the value-focused fund has lost 12.2% year-to-date net of fees compared to a return of -17.9% for its benchmark, the MSCI All-Country World Index. The fund has […] Read More
For weekend reading, Bryan Perry, Senior Director at Navellier & Associates, offers the following commentary: It is only mid-July and already European leaders are clamoring for strategies to make it through winter on enough natural gas supplies. As the EU, U.S., and other allies advance plans to bring more aid to Ukraine, Vladimir Putin and the Kremlin […] Read More
Net income came in at $840 million compared to $1083 million in 2021. Earnings per share came in at 57 cents versus 73 cents during the same quarter last year. Copper production was up 17% y-o-y, to $1087 million pounds, and gold production came in 56% higher at 476,000. Average realized price per pound of […] Read More
Shares of Verizon (NYSE:VZ) tumbled in pre-market trade Friday after the company reported second-quarter earnings that missed Wall Street expectations. Verizon earned $1.31 per share, down from $1.37 in the year-earlier quarter, missing analysts' consensus views by a penny. Verizon said this quarter's results included $435 million pre-tax loss from special items, including a mark-to-market […] Read More
Tractor Supply Company Plows Ahead With Growth Tractor Supply Company (NASDAQ:TSCO) reported better than expected Q2 results and raised the guidance and yet shares fell because of it. Shares fell because the results and guidance, while favorable, are lackluster in regard to the analyst's estimate. While this is a shortcoming for the company it is […] Read More
Discusses the most bought stocks by retail investors Today's update examines the most bought stocks by retail investors over the last 5 trading days. Major indexes in the U.S. ended the week lower, with the DOW falling about 0.2%, Nasdaq falling the most out of major indexes by 1.6% and the S&P 500 retreating 0.9%. […] Read More