Month: March 2020

Did we just enjoy the shortest bear market on record, or is it just getting started?
Today, Alexander Green discusses how wealth builders prepare and looks at what’s ahead.

A bear market is defined as a drop of 20% or more off the top. A bull market is defined as a gain of 20% or more off the bottom.
By those definitions, we have just endured the shortest bear market on record – just 11 days – and are now in a brand-new bull market.
Or are we?
Investors are happy that President Donald Trump declared a national emergency, Congress passed a multitrillion-dollar relief bill, …read more […]

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The global coronavirus case count surpassed 735,000 Monday, with more than 35,000 deaths reported, according to Johns Hopkins. The U.S. leads has the most number of affected, with more than 140,000 cases, while Italy continues to see a staggering death toll that accounts for nearly one-third of deaths, at 10,700. …read more […]

Microsoft is changing Office 365 to Microsoft 365 and bringing Teams to everyone. …read more […]

Although founded less than 10 years ago, Zoom Video (ZM) has been growing by leaps and bounds. Sales over the past three years are up more than 10 times, from $60.8 million in 2017 to $622.7 million last year. In that same period, Zoom has gone from earning no profit at all, to earning $25.3 million last year, and Zoom’s free cash flow is even better — $113.8 million.Nevertheless, 5-star Goldman Sachs analyst Heather Bellini assigns Zoom Video an $80 price target, and rates the stock a “sell.” (To watch Bellini’s track record, click here)As Bellini explains, “due to COVID-19, …read more […]

(Bloomberg) — Dividends from corporate America are poised to tumble this year, but there are pockets of promise for investors looking for safe income, according to strategists at Goldman Sachs Group Inc.While payouts among S&P 500 companies could drop 25% this year, paced by energy and consumer-related companies, banks like Wells Fargo & Co. and drugmakers including Merck & Co. are likely to buck the trend, strategists including Cole Hunter and David Kostin said. The team laid out 40 picks for “income-oriented” investors, with many of them having made payouts for more than two decades without ever lowering distributions.These stocks …read more […]