Tag: Buying

Wait for Visa Stock to Fall Below $200 Before Buying It



a close up of a sign: several Visa (V) branded credit cards


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several Visa (V) branded credit cards

Visa (NYSE:V) stock has quickly remade the ground it lost due to the novel-coronavirus pandemic. Shares of the multinational financial-services firm are now up almost 9% in 2020, despite the shares falling to as low as $133.93 per share in March. Bulls who bought Visa stock at that point are now laughing their way to the bank.



a close up of a sign: several Visa (V) branded credit cards


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several Visa (V) branded credit cards

Considering the stock is still trading at a discount to its 52-week high of $217.35, many are wondering if the shares can climb further.

Visa Is Still Facing Adversity

Covid-19 is still very much a reality. This crisis is not expected to end until early next year. And Visa’s transaction volumes will probably not recover to pre-pandemic levels for awhile.

So the fact that the shares are now trading north

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‘Triller Money’: How a TikTok Competitor Is Buying Star Power

When talk of a possible TikTok ban began in July, the leaders of a small social video app called Triller saw a growth opportunity.

To attract users, the company set its sights on TikTok’s biggest names. Some of the Sway Boys, a group of TikTok influencers, had been toying with the idea of building their own app to compete with TikTok, but after a discussion with Ryan Kavanaugh, the majority owner of Triller and a veteran entertainment executive, they decided the platform could be good for them.

Triller offered the creators a deal: Tell your audience on TikTok that you’re moving to Triller, and we’ll give you equity and roles within the company. You can still post on TikTok, they were told, but only if you post on Triller more frequently. In turn, of the Sway Boys, Josh Richards, 18, was named Triller’s chief strategy officer, and Griffin Johnson, 21,

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Why I’d stop saving and start buying cheap UK shares to beat State Pension worries





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The stock market crash may have caused some investors to sell cheap UK shares in favour of using less risky savings accounts. While this may mean they don’t lose money, they’re also unlikely to generate high returns in the long run.

Similarly, low interest rates mean the passive income prospects from products such as Cash ISAs continue to be relatively disappointing.

As such, now could be the right time to buy a diverse range of British stocks. They could offer a mix of capital growth potential and dividend income that helps you to beat a disappointing State Pension.

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Making a passive income from cheap UK shares

Retirees who are seeking to make a passive income could do so from buying a diverse range of cheap UK shares. The stock market crash has caused some companies to reduce or postpone their dividends. However,

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Goldman Sachs Is Buying General Motors’ Credit-Card Business. Here’s Why.

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View of General Motors in downtown Detroit


Chris Kelleher/Dreamstime


Goldman Sachs

is diving deeper into consumer banking.

The bank is close to buying

General Motors

(ticker: GM) credit card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The expected deal comes one year after Goldman Sachs (GS) launched its first credit card with

Apple

(AAPL) and marks the bank’s continued efforts to diversify its offerings away from its storied investment banking history.

Back in January, at its first-ever investor day, Goldman Sachs discussed its plans to offer more consumer banking services. In April, it announced a deal with

JetBlue Airways

(JBLU) that would allow travelers to make installment payments for their trips on the bank’s MarcusPay platform.

Goldman’s deeper push into consumer lending comes at an interesting time. Other banks have set aside billions in reserves to protect against potential loan losses due to the

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Julius Baer Weighs Opening U.S. Business, Buying LatAm Firms

(Bloomberg) — Julius Baer Group Ltd. is deciding whether to start a wealth-management business in the U.S. as it seeks partnerships or acquisitions in its core Latin American markets.



graphical user interface: A pedestrian walks past the Julius Baer Group Ltd. headquarters office in Zurich, Switzerland, on Monday, July 23, 2018. Julius Baer, Switzerland's third-largest wealth manager, stepped up the hiring pace in the first half as Chief Executive Officer Bernhard Hodler pushes to sustain growth rates achieved by his predecessor.


© Bloomberg
A pedestrian walks past the Julius Baer Group Ltd. headquarters office in Zurich, Switzerland, on Monday, July 23, 2018. Julius Baer, Switzerland’s third-largest wealth manager, stepped up the hiring pace in the first half as Chief Executive Officer Bernhard Hodler pushes to sustain growth rates achieved by his predecessor.

“I would not be doing my job as somebody that is totally committed to making our Americas’ business a top competitive business for Julius Baer if I wasn’t seriously looking at a U.S. platform,” Beatriz Sanchez, the bank’s head of the Americas, said in a virtual interview from Switzerland.

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Julius Baer has closed or sold four offices in the Americas since 2019, but is growing in Brazil, Mexico,

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Buying a Home You’ve Only Seen Online: What You Need to Know

Not only can you buy a house you’ve only seen online, as a real estate investor, you might prefer to do so, at least once you have a system in place. Buying homes online has actually been a strategy for people buying investment property for some time, particularly if said investment property is in an area not local to the investor. And with the coronavirus on the scene, more people have adopted the process as they have become used to doing business virtually, plus not physically going into homes addresses safety concerns.

Buying a home online can speed up the acquisition process, saving you time to plan your next investment opportunity. Here’s what you need to know.

Set parameters for searching

Determine the niche you want to market to for this investment property. This includes price range, home size, location, and any other parameters you deem important.

For example, your

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Why Buying an Online Business Could be a Good Investment

More and more, we are trying to break free from the proverbial rat race and become our own boss. In fact, one study shows that nearly a third of millennials have started some kind of business and about 26% of millennials have lived entirely off the income of a small business. These numbers will continue to increase as more millennials are ditching high-paying jobs to do things like travel and start their own businesses.

But here’s the thing:

Nobody wants to be stuck in a retail store that gets little to no business, and will soon be run out of business by Amazon, do they?

No.

People want to own online businesses. And there are plenty of reasons why it makes sense.

So in this article, I’ll cover why buying an online business is a good investment. From there, you can make the decision on whether or not it’s

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General Motors, ViacomCBS, and 8 Other Cheap Stocks to Consider Buying

Value investing has rarely been more out of favor on Wall Street after badly lagging behind growth styles so far this year.

Investment strategies have gone in cycles during the past century and the multiyear underperformance of value could mean a turn is coming. So far this year, the

iShares Russell 1000 Value

exchange-traded fund (ticker: IWD) is about 30 percentage points behind the

iShares Russell 1000 Growth

ETF (IWF)—a huge gap.

If value comes back in vogue, so could one of the classic value strategies—buying stocks with low price/earnings multiples.

Barron’s screened the S&P 500 index using FactSet for the 10 stocks with market values of $10 billion or more and with the lowest price to earnings ratios based on projected 2021 earnings. These 10 stocks trade for six to seven times projected 2021 earnings, against a price/earnings ratio of about 20 times for the S&P 500.

We are

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CarMax completes nationwide roll out of its home delivery and online buying service | Business News

CarMax has completed its national roll out of the chain’s omni-channel car buying experience where customers can buy a car either completely from home, in-store or a combination of both.

The new buying experience enables a customer to buy a used vehicle online and have it delivered to the home, or the person can do part of the car-buying process online before completing the purchase in person at a store.

The Goochland County-based automotive retailer began rolling out its new car-buying service last year.

“When we set out to create the future of car buying, we knew that customers wanted personalized, convenient and on-demand retailer experiences where they can seamlessly navigate between online and in-person, all on their own terms,” Bill Nash, CarMax’s president and CEO, said in a statement.

CarMax said its research found that customers didn’t want to be forced to interact 100% inside of one of its

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Largest Used Car Retailer Completes Roll Out of Online Car Buying Nationwide

CarMax’s personalized e-commerce capabilities and nationwide store footprint empowers customers to buy a car on their terms, doing as much, or as little, online and in-person as they prefer

CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced the completion of its omni-channel rollout, which gives CarMax the largest addressable market in the used car industry. This unique omni-channel experience empowers customers to buy a car on their terms – online, in-store, and a seamless integration of both. The announcement was made in the company’s second quarter earnings release, where the company reported record results and profitability.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200924005591/en/

CarMax customers have the option to buy a car online and receive delivery through contactless curbside pickup, available nationwide, or home delivery, available to most customers. (Photo: Business Wire)

Customers nationwide can leverage CarMax’s personalized e-commerce capabilities to

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