The thought that investors should avoid Costco Wholesale (COST -0.25%) may seem counterintuitive to many. In 2023, an Axios Harris poll put Costco second among the nation’s most admired brands. Its product selection and low prices have brought consistent sales growth for decades. Despite these successes, have investors increasingly begun to question whether Costco stock remained a worthy investment. In 2020, Warren Buffett’s Berkshire Hathaway closed out a long-held stake in Costco, a move Buffett later said was “probably a mistake.” His ambivalence about closing his position may leave investors wondering what to do. As you weigh decisions about Costco…
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Lucid had been gaining momentum with three straight quarters of record deliveries, but recently hit two speed bumps. Lucid Group (LCID) has had quite a roller-coaster ride through its limited history. It started out producing a high-quality sedan electric vehicle (EV) but continuously disappointed investors with production hiccups and disappointing deliveries. That’s changed recently, and Lucid has been gaining momentum while rivals such as Rivian Automotive (NASDAQ: RIVN) deal with production snags of their own. Let’s take a look at the shifting momentum and two things that could make the company hit a speed bump. Momentum About a year ago,…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less). Does withdrawing from my traditional IRAs (current balance is $215,000) to reduce the income tax on my RMDs outweigh the benefit of keeping those withdrawals invested and growing tax-deferred? My understanding is that if I withdraw amounts up to my standard deduction, then…
Royal Caribbean’s “Icon of the Seas,” billed as the world’s largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024.Marco Bello | Afp | Getty ImagesThe demand for cruises is still going strong — and it doesn’t appear to be letting up anytime soon.The industry was the last to recover from the Covid pandemic, but once it did, it has been enjoying strong pricing and booking momentum. While pricing growth is starting to normalize somewhat, it is still well above the rate of inflation, said Patrick Scholes, travel and leisure…
Tech giant Microsoft is scheduling a shareholder vote in December on the prospect of investing in Bitcoin (BTC) despite recommendations against it. In a new filing with the U.S. Securities and Exchange Commission (SEC), Microsoft’s board of directors recommends voting against considering the idea of investing in the top crypto asset by market cap. In an official statement, the board notes that the proposal itself is unnecessary because the firm’s management team has already carefully taken into consideration whether they should invest in the crypto king or not. “Microsoft’s [teams] evaluate a wide range of investable assets to fund Microsoft’s…
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Greystone Housing Impact Investors LP (NYSE:GHI), since the last five years saw the share price fall 44%. The falls have accelerated recently, with the share price down 11% in the last three months.Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they’ve been consistent with returns. View our latest analysis for Greystone Housing Impact Investors To…
Lindsey Vogel has been looking to buy her first home since February of this year. She hasn’t had any luck. In Burke Centre, Va., where she’s actively looking, Vogel hasn’t found anything that would persuade her to seal the deal. That’s despite going to at least one open house every other week, she said. “It’s very slim pickings. There’s just not a lot of inventory,” Vogel, a 34-year-old electrical designer at an energy company, told Yahoo Finance in an interview. Another issue is mortgage rates, which have hovered over 6% for the past month — a far cry from the…
Building passive income drives many investors toward dividend-paying stocks. Smart investors look beyond current yields to companies that consistently raise their payouts year after year, allowing a modest initial investment to grow into a substantial income stream over time. The most successful dividend growers share three essential traits. A conservative payout ratio ensures the dividend remains sustainable through various business cycles. A history of annual increases demonstrates financial strength and a commitment to shareholders. Strong business fundamentals protect the cash flows that fund these growing payments. Image source: Getty Images. Let’s examine seven companies that have demonstrated their ability to…
TEHRAN, IRAN – OCTOBER 26: A view of Iran’s capital, Tehran, following the Israeli army’s announcement of strikes targeting ‘military objectives’ in Iran on October 26, 2024. Israeli army stated, ‘In response to the ongoing attacks against Israel in recent months, precise strikes are currently being conducted on military targets in Iran.’ (Photo by Fatemeh Bahrami/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesIsrael struck military sites in Iran early on Saturday, but its retaliation for an Iranian attack this month did not appear aimed at the country’s most sensitive oil and nuclear targets after urgent calls from allies and…
Energy is among the most volatile sectors on Wall Street, but there’s a nuance to the industry that is very important. That’s particularly true if you are a dividend investor in search of reliable high-yield stocks. A great example of a stock dividend investors might prefer to avoid is Devon Energy (NYSE: DVN), while Enterprise Products Partners (NYSE: EPD) and Enbridge (NYSE: ENB) are two options that could be well worth examining. Here’s why. A gushing oil well is the first thing that a lot of investors will think about when you say the words “energy sector.” That’s not wrong,…