Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Old Dominion Freight Line’s (NASDAQ:ODFL) returns on capital, so let’s have a look. If you haven’t worked with…
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The wealth tech platform’s latest offering gives firms and advisors an alternative-investing boost through a dedicated sleeve for private markets securities. Source link
Murray Stahl, President and CEO of RENN Fund, Inc. (NYSE:RCG), recently increased his holdings in the company through a series of transactions on December 18, 2024. The insider purchase comes as RCG shows strong momentum, with the stock delivering a remarkable 50% return over the past year and trading near its 52-week high of $2.85. Stahl acquired a total of 1,209 shares of RENN Fund’s common stock at a consistent price of $2.50 per share, amounting to a total investment of $3,022. The transactions included direct acquisitions as well as indirect purchases through various entities associated with Stahl. These entities…
This week’s Green Sense Minute features Chelsea Mastrocola, Director of Business Development at Brightly, who explains carbon offset credits. Source link
TommL / Getty Images Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer Trusted by Millions of Readers One of the fastest ways to grow your money is to make sure it is doing the earning for you, and not the other way around. If you don’t want to take higher risks with…
By Kantaro Komiya, Yoshifumi Takemoto TOKYO (Reuters) -Some unions are born of necessity, others from convenience. In the case of Honda (NYSE:) and Nissan (OTC:)’s potential merger, it is mostly defensive as Chinese rivals take the world by storm. While the challenge from China’s seemingly boundless EV expertise looms large for all traditional automakers, for Japan it represents a threat to the vast car-manufacturing supply chain that has been the country’s economic engine for years. Honda, Japan’s second-largest car company, and Nissan, its third-largest, are in talks to deepen ties, including the possibility of setting up a holding company, two…
In a challenging market environment, Dream Finders Homes Inc. (DFH) stock has touched a 52-week low, dipping to $23.41. According to InvestingPro analysis, the stock’s RSI indicates oversold territory, suggesting potential for a technical rebound. The home construction company has faced headwinds over the past year, with a YTD decline of 28.57%. Despite these challenges, the company maintains strong fundamentals with a P/E ratio of 9.46 and a healthy current ratio of 8.07, indicating solid liquidity. InvestingPro analysis suggests the stock is currently undervalued, with 12 additional real-time insights available to subscribers. Investors have been cautious as the housing market…
Micron (MU) stock plummeted more than 17% early Thursday on weaker-than-expected guidance for the current quarter despite burgeoning demand for AI chips. The memory chipmaker, which counts Nvidia (NVDA) as a major customer, said Wednesday it expects revenue between $7.7 billion and $8.1 billion for the quarter. Wall Street analysts had expected the company to guide for revenue of $9 billion, according to Bloomberg consensus estimates. Micron’s outlook points to a trend seen across the chip industry — sales of semiconductors used for artificial intelligence are growing fast, while traditional chip sales slump. Micron’s high bandwidth memory (HBM) chips are…
Luigi Mangione, 26, a suspect in the New York City killing of UnitedHealth executive Brian Thompson, is escorted after an extradition hearing at Blair County Court House in Hollidaysburg, Pennsylvania, U.S. December 10, 2024. Eduardo Munoz | ReutersLuigi Mangione has waived his right to contest extradition to New York, where he is charged with murdering UnitedHealthcare CEO Brian Thompson on Dec. 4.Mangione consented to be taken by authorities to New York at a hearing Thursday morning in a Pennsylvania courtroom.Afterward, he was taken to a plane in Altoona, which departed for New York.Mangione, 26, is accused of fatally shooting Thompson as…
Image source: Getty Images So far in 2024, the FTSE 100 is up 6%. Within the index, some stocks have obviously done better or worse than this benchmark. Looking ahead to 2025, I think the index will likely gain between 6% and 10%. Using that assumption, here are two FTSE 100 stocks for investors to consider that could provide higher returns. Continued financial beats The first company is Next (LSE:NXT). Over the past year, the retailer has enjoyed a 22% jump in the share price, well above the FTSE 100 performance. One factor that has helped to drive the stock…