Ulta Beauty Stock Has Little Upside, According to 1 Wall Street Analyst
The stock was downgraded last week on fears that the recent growth slowdown might worsen.
Source: yahoo.com
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NatWest profit jumps 20% as Thwaite confirmed as CEO
LONDON (Reuters) -NatWest confirmed Paul Thwaite as its permanent chief executive on Friday and reported forecast-beating profit for 2023, as the British bank gears up for a crunch sale of state-owned stock after a scandal-hit year. The bank also revised down its guidance for future returns in a sign of the potential challenges facing Thwaite, citing an expected reduction in interest rates and changes in customer behaviour as well as the worse economic outlook for the UK. NatWest shares climbed 2% after an initial fall, outpacing a 0.7% gain in the benchmark FTSE 100 index, as investors took...
Source: yahoo.com
The S&P 500 just cracked 5,000 points — but don't count on its stellar returns continuing
The S&P 500 touched 5,000 points for the first time Thursday, but its lofty valuation threatens to weigh on future performance, market veterans said.
Source: aol.com
Understanding 'Alpha Decay': Past Returns And Future Predictability
What is 'alpha decay' in finance, and are past returns indicative of future returns after all? Answer by Julien Penasse, Assoc Prof of Finance at University of Luxembourg
Source: forbes.com
The late Charlie Munger quietly built a $300 million stock portfolio from scratch at a small newspaper publisher. It just warned of worse returns now he's gone.
Warren Buffett's deceased business partner picked Daily Journal's stocks for over a decade, racking up $138 million in paper profits as of September.
Source: yahoo.com