Helping you make wiser investment decisions


Middleby’s 4Q Profit, Sales Top Analysts’ Estimates; Shares Surge 7%

Middleby Corp. reported stronger-than-expected 4Q performance as demand for indoor dining is on the rise and commercial foodservice orders improved. Shares of the kitchen and food service equipment maker spiked about 7% Monday’s morning trading session. Driven by 60% growth in Middleby’s commercial food service segment and 270% growth in its residential kitchen segment, its […]

How Long Does Competitive Advantage Last? A Sector Analysis

Economic theory holds that absent monopoly powers and barriers to entry, every firm’s competitive advantage in an industry will diminish and its profits fall to zero over time. While this is just economic theory, it raises some interesting questions: Does a firm’s competitive advantage tend to endure longer in some sectors than others? And if […]

Aswath Damodaran on the COVID Crucible: A Play in Three Acts

Aswath Damodaran determined early on not to treat the COVID-19 crisis like previous market shocks. As the pandemic unfolded, he could see how it was developing and realized it was having the same three-stage effect on investors as previous financial upheavals. “First you lose perspective. Why? Because in the middle of chaos, things are melting […]

Making sense of the markets this week: March 1, 2021

Powell soothed the markets, suggesting he doesn’t see the threat of inflation—ha! The commodities and bond markets would disagree.  From that same Business Insider post…  “‘So soothing words for markets seems likely but the inflation fears are unlikely to go away whatever he says,’ Deutsche Bank strategist Jim Reid said.”   And here is a great […]

Plug Power To Invest $290M To Set Up Largest Green Hydrogen Plant In North America

Plug Power Inc will be building the largest green hydrogen production facility in North America, the provider of hydrogen fuel cell turnkey solutions said on Thursday. The company will invest $290 million to build the facility at the New York Science, Technology and Advanced Manufacturing Park (STAMP). Shares of Plug Power (PLUG) dipped 0.4% in […]

How does life insurance work?

If sorting out a life insurance policy is something you haven’t yet ticked off your to-do list, we understand why you might procrastinate: It can be a bit of downer to think about, and the choices can be overwhelming when you don’t know quite how life insurance works or what level of coverage you need.  […]

Beyond Intention: Diversity, Equity, and Inclusion Require Action

Defining DEI Diversity, equity, and inclusion (DEI) initiatives can feel like a “check-the-box” exercise at many companies. But at PNC we’ve made DEI a priority in our investment management services. Clients now have a fundamental expectation that investment managers can and will apply a DEI lens. Endowments and foundations want data on the racial, ethnic, […]

Macy’s Beats 4Q Sales Estimates, Sees Recovery In 2021; Shares Drop 2.6%

Macy’s fourth-quarter earnings came in ahead of the Street consensus as the retail chain operator benefitted from a better-than-expected holiday sales quarter. Meanwhile, shares dropped 2.6% in Tuesday’s morning trading. Macy’s (M) sales for the quarter declined 18.7% to $6.78 billion year-on-year but topped the consensus estimates of $6.5 billion. The company reported 4Q adjusted […]

eHealth Spikes 6.3% After Hudson Executive Shores Up Stake To 5.8%

Shares of eHealth gained 6.3% and closed at $57.68 on Feb. 19 after Hudson Executive Capital (HEC) ramped up its stake in the health insurance company as the investment company believes that the stock is “undervalued.” According to a company filing, HEC bought 1.5 million outstanding shares of eHealth (EHTH), and now holds a 5.8% […]

Making sense of the markets this week: February 22, 2021

Again, that rebalancing would also include moving monies to other risk managers as well, if stock prices continue to increase dramatically. The all-weather portfolio can include some gold, bitcoin and commodities. Just rebalance as you would with your bonds. The all-weather portfolio can provide better returns and better risk-adjusted returns compared to a traditional balanced […]

7 Questions to ask your financial advisor

The size of your portfolio has a significant impact on the choice you will have when selecting an advisor. There are no hard-and-fast rules, and there are some exceptions, but as a rough guide, investors with portfolios under $1 million or so generally must choose among advisors who sell mutual funds with annual costs typically […]

Tractor Supply To Buy Orscheln Farm and Home For $297M

Tractor Supply has agreed to snap up farm and ranch retailer, Orscheln Farm and Home, in a cash deal worth $297 million. Shares of the largest US rural lifestyle retailer rose almost 5% to close at $170.25 on Feb. 17. The purchase price is net of acquired estimated future tax benefits of $23 million. Tractor […]