Archive for the ‘Biography’ Category

Dick Bove, the closely watched bank analyst and vice president of equity research at Rafferty Capital said that right now, investors should be buying financial stocks “very aggressively.” Based on historical valuations, he said, some of the biggest names in the sector will more than double. “What you’re beginning to see is that all of […]


For the past year, nothing seems to be going the way of Apple (AAPL) shareholders. There have been countless articles discussing whether or not Apple can ever make a comeback, or whether or not they will succeed without Steve Jobs as CEO. The rest of the market has performed well, but what was once the […]


Even as U.S. stock indexes hit all-time highs, Warren Buffett predicts they’ll go “far higher” in the long run. Right now, he very much favors equities over bonds, warning some investors could lose a lot of money in long-term fixed-income assets when interest rates eventually start to rise. In a live appearance on CNBC’s Squawk […]


At $390, Apple has dropped over 25% this year shaking the confidence of even the most ardent Apple shareholders. At times like these, I find that it helps to pay attention to managers who have made a lot of money in the stock because they generally have made the right decisions in the past after […]


Forbes Dividend Investor subscribers received this hotline on March 13: Apple has certainly had a storied history as a cult brand, a company that went to the brink of extinction, and a monster stock once Steve Jobs returned to the company he co-founded and executed a turnaround for the ages. A decade of new product […]


The run in big bank stocks may not be over, say Wall Street analysts. And many are particularly positive on Bank of America and Citigroup this year. “The group is putting up decent numbers, despite the fact you have more subdued economic growth and persistent low interest rates,” said Barclays bank analyst Jason Goldberg of […]


Former General Electric CEO Jack Welch says Apple deserves better than the treatment it’s getting from David Einhorn, the hedge-fund manager pressuring the iPhone maker to cough up dividends. “Look, these guys are after a quick hit. I’d blow him off,” he told CNBC’s “Closing Bell.” “I’d give Einhorn the back of my hand.” Welch […]


As the Federal Reserve conducts its two-part stress test over the next week, veteran bank analyst Richard Bove continues to be bullish on the banking sector and sees bank stocks going “substantially higher” when the tests conclude. Bove expects that across the board banks will raise dividends and said that this type of action is […]


Office vacancies in the U.S. dropped for the first time in more than three years in the most recent quarter and rents climbed, signaling the market is beginning a recovery as the economy improves. The national vacancy rate fell to 17.5 percent in the first quarter from 17.6 percent in the previous three months, Reis […]


Missing Out The danger of trying to time the market is that you can miss out on days like last Monday, when the Dow Jones industrial average climbed 178 points. That’s because much of the gains for a long-term stock investor come from just a handful of really great days, according to Oppenheimer. It found […]