Rich Duprey - Author for 24/7 Wall St.
Lastest Stories by Rich Duprey
Warren Buffett has obliterated the market’s returns since becoming CEO of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) in the mid-1960s. While the S&P 500 has a cumulative return of about...
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The release of OpenAI‘s ChatGPT chatbot in November 2022 unleashed a frenzy of investor interest in artificial intelligence that propelled Nvidia (NASDAQ:NVDA) to the forefront of the industry. The...
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It’s been a bad week for oil stocks. Even though OPEC+ nations delayed their production cuts scheduled to begin in October, global demand for oil weakened considerably. China, in particular, which...
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Investors either love Cathie Wood or hate her. The founder of the Ark Invest family of exchange-traded funds can either be phenomenally successful or a dismal failure. While Wood formed her...
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The comments made by Federal Reserve chairman Jay Powell about the need to cut interest rates shows how precarious the economy is. Inflation is rising again, there were 818,000 fewer jobs created...
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Hedge fund operator Bill Ackman likes to make big bets. His Pershing Square Capital Management fund has $10.4 billion in assets under management and it is concentrated in just nine positions. These...
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Dividends are an investor’s best friend. While it is a well-known fact the S&P 500 has returned on average 10.5% annually since its inception in 1957, less known is that dividends account for...
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Two of the last frontiers for exploration are space and the oceans. It seems remarkable that space is far more advanced than the latter, but the crushing depths of the ocean present far greater...
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There has been a noticeable shift in the stock market over the last two months. Investors are moving away from former high-flying large- and mega-cap stocks into discounted small-cap names that the...
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Following the rapid rise in interest rates brought on by the Federal Reserve’s unprecedented rate hikes two years ago, utility stocks languished. Borrowing costs accelerated because utilities are...
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Investing in technology stocks offers investors some of the best opportunities for realizing long-term wealth creation. Tech stocks, after all, tend to be the driving force behind some of the stock...
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Warren Buffett loves stocks that pay him dividends though he steadfastly refuses to allow Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) to reward its shareholders. Buffett contends he knows better than...
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When a badly beaten down stock suddenly springs to life, many investors wonder whether the long hoped-for turnaround has finally arrived. They’ve licked their wounds and bided their time, but now...
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Investors hang on Warren Buffett’s every move because he is the greatest investor of our time. Possibly of all-time. Since becoming CEO of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) in 1964, the...
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The value of a stock split is exactly zero. The non-event gives you 12 slices of a pizza instead of six. A company splitting its $200 per share stock 4-to-1 gives you three extra shares, but each...
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