Like a good friend whom everyone is trying to fix up, matchmakers are whispering around Netflix (Nasdaq: NFLX) again.
When a stock hits a fresh low, it can either signal a dirt-cheap dream stock or a dreadful stock to avoid. Separating the wheat from the chaff is difficult, but finding well-run companies at bargain-basement prices is a great way to accumulate a fortune over the long run.
Even on the market's worst days, buyout news and other short-term forces can send individual stocks up by 10%, 25% -- even 50%.
Will business lender CIT Group (NYSE: CIT) fail? Will the government support it? Those questions are coming to a head as confidence in the lender's viability appears to be waning. On Friday, investors sent CIT shares down by 18% (as I write this, shares are down another 15%-20%). Compounding its funding woes today, Moody's (NYSE: MCO) cut CIT's debt rating to B3 -- six notches into speculative grade territory.
Sadly, there's no such thing as an ultimate buy signal when it comes to investing in stocks. Identifying companies with the wind at their backs takes time, patience, and a good dose of due diligence.
Welcome to week 48 of my stock-picking throwdown with Mr. Market. Let's get right to the numbers:
Los Angeles, July 14: After weeks long, life threatening complications, actress Mira Sorvino has given birth to a healthy baby boy. Sorvino and her husband, Christopher Backus, welcomed their son into the world on June 22 in LA, her rep confirmed the happy news in a statement.
There's no such thing as an ultimate buy signal when it comes to investing in stocks. Identifying companies with the wind at their back takes time, patience, and a good dose of due diligence.
What better way is there to learn something than from a person who's already very good at it? And when it comes to investing, what better investor is there to learn from than Warren Buffett? But of course, you may be wondering: How did he get so good in the first place?
"It's the world's greatest company, period."
-- Arjun Murti, Goldman Sachs analyst