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3 Consumer Stocks We Keep Off Our Radar
StockStory7d agoneutral
3 Consumer Stocks We Keep Off Our Radar

Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. On the other hand, they usually underperform during bull runs, and this paradigm has rung true over the past six months as the sector was flat while the S&P 500 returned 14%.

Berkshire Stock Peaked the Day Before Warren Buffett Said He'd Step Down as CEO
The Wall Street Journal7d agoneutral
Berkshire Stock Peaked the Day Before Warren Buffett Said He'd Step Down as CEO

Warren Buffett’s decision to step down as chairman of Berkshire Hathaway marks the end of an era on Wall Street. The conglomerate’s stock has yet to recover from the all-time high it hit on May 2 last year, the day before Buffett announced his plan to step down as CEO. Since then, Berkshire’s popular Class B shares have slid 5.7%, versus a 34% rise in the S&P 500.