Warren Buffett has remained quiet, despite being the largest Wells Fargo (NYSE:WFC) shareholder. Why so quiet? I feel he likely doesn't agree with WFC's practices (or doesn't care), but what's he really to do? He can't sell, and buying isn't a sound idea - this isn't a generational buying opportunity for WFC.
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Buffett won't be riding to the rescue of anything soon, but there's only a handful of companies with large enough market caps that he can invest in these days. At the same time, Buffett has been taken to task in the past over his ethical decisions (read: a large investment in sugary drink maker Coca-Cola (NYSE:KO), his trailer park business, the Sokol-Lubrizol days, etc.)
Top Stocks To Watch For 2018: Apple Hospitality REIT, Inc.(APLE)
Advisors' Opinion:- [By Joseph Griffin]
Shares of Apple Hospitality REIT Inc (NYSE:APLE) have earned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $19.75.
- [By Shane Hupp]
Riverhead Capital Management LLC grew its position in Apple Hospitality REIT (NYSE:APLE) by 607.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,100 shares of the real estate investment trust’s stock after acquiring an additional 115,150 shares during the quarter. Riverhead Capital Management LLC owned about 0.06% of Apple Hospitality REIT worth $2,356,000 at the end of the most recent reporting period.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Apple Hospitality REIT (APLE)
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- [By Lee Jackson]
Apple Hospitality REIT Inc. (NYSE: APLE) owns one of the largest portfolios of upscale, select-service hotels in the United States.�Investors are paid a generous 6.67% yield. The shares traded at $17.95 early Thursday, in a 52-week range of $16.72 to $21.90.�The consensus price objective is $19.25.
Top Stocks To Watch For 2018: UnitedHealth Group Incorporated(UNH)
Advisors' Opinion:- [By Paul Ausick]
The Dow stock posting the largest daily percentage gain ahead of the close Monday was UnitedHealth Group Inc. (NYSE: UNH) which traded up 1.39% at $254.16. The stock’s 52-week range is $176.42 to $254.99, a new high set this afternoon. Volume was about 4% below the daily average of around 3.2 million. The company had no specific news.
- [By Shane Hupp]
Meridian Wealth Management LLC cut its position in shares of UnitedHealth Group Inc (NYSE:UNH) by 6.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 18,875 shares of the healthcare conglomerate’s stock after selling 1,292 shares during the quarter. UnitedHealth Group comprises 2.0% of Meridian Wealth Management LLC’s holdings, making the stock its 14th biggest position. Meridian Wealth Management LLC’s holdings in UnitedHealth Group were worth $4,039,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Lee Jackson]
Recently the managers removed AmerisourceBergen Corp (NYSE: ABC) and used the proceeds from the sale to increase the position they already held in Unitedhealth Group Inc. (NYSE: UNH).
- [By Paul Ausick]
Before the opening bell Tuesday, Dow Jones Industrial Average component UnitedHealth Group Inc. (NYSE: UNH) is expected to report another solid quarter. After all, the company has beat analysts’ earnings estimate for eight straight quarters and revenues in six of those eight.
Top Stocks To Watch For 2018: Southern First Bancshares Inc.(SFST)
Advisors' Opinion:- [By Shane Hupp]
DBS Grp HOLDING/S (OTCMKTS: DBSDY) and Southern First Bancshares (NASDAQ:SFST) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, risk, profitability and institutional ownership.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Southern First Bancshares (SFST)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Stocks To Watch For 2018: Sigma Designs, Inc.(SIGM)
Advisors' Opinion:- [By Steve Symington]
Data source: Silicon Laboratories.
What happened with Silicon Labs this quarter? Revenue was above the high end of guidance provided in late January, which called for a range of $196 million to $202 million. On an adjusted (non-GAAP) basis, which excludes items like equity compensation and acquisition costs, net income was $38.3 million, or $0.87 per share -- also above guidance for adjusted earnings per share of between $0.73 and $0.79. IoT revenue grew 17% year over year to $103 million. Infrastructure revenue jumped 37% year over year to $49 million. Broadcast revenue declined 3% to $36 million. Access revenue fell 6% to $17 million. Subsequent to the end of the quarter, on April 18, 2018, Silicon Labs closed its $240 million acquisition of Sigma Designs' (NASDAQ:SIGM) Z-Wave business. Silicon Labs had initially agreed to acquire all of Sigma Designs this past December for $282 million, but amended the deal last quarter to include only its Z-Wave business after certain closing conditions weren't met. In any case, the purchase significantly expands Silicon Labs' position in mesh networking for smart homes. What management had to saySilicon Labs CEO Tyson Tuttle said:
Top Stocks To Watch For 2018: Phillips 66(PSX)
Advisors' Opinion:- [By ]
Terrarosa reports that Trump has an option regarding gasoline prices that he may not realize he has. Under the same 2015 legislation that allows the President to control the export of crude oil, the chief executive has the power to force domestic petroleum refiners including Valero Energy Corp. (VLO) and Phillips 66 Co. (PSX) to reduce gasoline exports on the grounds that those sales are forcing U.S. consumers to pay more at home.
- [By Todd Campbell]
Fortunately, Berkshire Hathaway reveals which stocks the Oracle of Omaha is selling in its�quarterly 13F filing with the Securities and Exchange Commission. The company's latest filing shows he sold shares in Verisk Analytics, Inc.�(NASDAQ:VRSK), IBM (NYSE:IBM), and Phillips 66 (NYSE:PSX). Is it time for these stocks to exit your portfolio, too?
- [By Logan Wallace]
Colonial Trust Advisors trimmed its holdings in Phillips 66 (NYSE:PSX) by 10.7% in the first quarter, Holdings Channel reports. The institutional investor owned 5,870 shares of the oil and gas company’s stock after selling 701 shares during the quarter. Colonial Trust Advisors’ holdings in Phillips 66 were worth $563,000 as of its most recent filing with the SEC.
Top Stocks To Watch For 2018: Grupo Supervielle S.A. (SUPV)
Advisors' Opinion:- [By Logan Wallace]
Mckinley Capital Management LLC Delaware lowered its holdings in Grupo Supervielle (NYSE:SUPV) by 19.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,744 shares of the company’s stock after selling 7,984 shares during the quarter. Mckinley Capital Management LLC Delaware’s holdings in Grupo Supervielle were worth $1,023,000 as of its most recent SEC filing.
