Vincent M. Pelly

Jim Cramer Believes Oracle Corporation (ORCL)’s ‘Amazing Transformation Continues’ by Jose Karlo Mari Tottoc via Insider Monkey - Free Hedge Fund and Insider Trading DataInsider Monkey – Free Hedge Fund and Insider Trading Data – Free Hedge Fund and Insider Trading Data, Hedge Fund News, Financial Commentaries - ([Global] oracle cloud) URL: https://ift.tt/9kKyX87 We recently compiled a list titled Jim Cramer’s Ultimate Stock Picks: 10 Hot Stocks to Consider. In this article, we will look at where Oracle Corporation (NASDAQ:ORCL) ranks among Jim Cramer's 10 hot stocks to consider. In a recent episode of Mad Money, Jim Cramer emphasized the unexpected strength in the market, pointing out that many companies are doing better than Wall Street realizes. He suggests that investors should stop second-guessing these companies every time negative news surfaces. Cramer praises the excellent management and execution by CEOs, which he feels often goes unappreciated. “Suddenly, all is forgiven, or if not all, then at least most. I’m talking about the incredible resilience in this market, buoyed by a recognition that many companies are simply better than Wall Street gives them credit for. We need to stop turning against them every time there’s a seemingly bad data point. Every day I come to work, I’m dazzled by the resourcefulness of executives who do their best to create value for you, the shareholder. Lots of stocks went up on days like today when the Dow advanced 335 points, the S&P gained 75%, and the NASDAQ jumped 1.0%, all thanks to good management and excellent execution that often goes unnoticed.” Jim Cramer acknowledges that while some CEOs might warrant skepticism, many are truly exceptional and deserve more recognition for their efforts. He criticizes the overemphasis on short-term economic indicators, arguing that great companies stay focused and aren’t thrown off by minor fluctuations. “Listen, I’m not a pushover. I can hit CEOs with tough questions when needed, some of them deserve skepticism and scorn. But there are also plenty of brilliant, hardworking CEOs with incredible teams, and you ignore their hustle at your own peril. This often gets lost in the shuffle when we’re focused on the parlor game of guessing the Fed’s next move, a quarter point, half a point, quarter, half. You know what I say? Let’s get serious. Terrific companies don’t get caught up in that quarter-half shuffle.” Cramer highlights Kroger CEO Rodney McMullen as an example of strong leadership. Despite facing challenges like opposition to its acquisition of Albertsons and a tough economic climate, McMullen has successfully managed to keep food costs down. Through strategies such as an effective loyalty program and improvements to regional stores, the company has performed well. After a strong earnings report, the stock rose more than 7%, reflecting a successful turnaround. “CEO Rodney McMullen has managed to keep food costs down and deliver fantastic...

4 REIT Stocks That Are Screaming Buys in September by [email protected] (Leo Sun) via The Motley Fool ([Global] oracle cloud) URL: https://ift.tt/tIVnmGq Real estate investment trusts (REITs) buy a lot of properties, lease them out, and split the rental income with their investors. U.S. REITs are also required to pay out at least 90% of their taxable income as dividends to maintain a favorable tax rate. That simple business model usually makes REITs a sound investment for most income investors, but rising interest rates weighed down the sector for two reasons. First, higher rates made it more expensive to purchase new properties. Second, REITs lost their luster as income plays as the yields of risk-free CDs and T-bills soared above 5%. Image source: Getty Images. But with interest rates set to decline in the near future, shrewd investors should pivot back toward REITs before the yield-starved bulls rush back. I believe these four resilient REITs are worth buying right now: Realty Income (NYSE: O), Vici Properties (NYSE: VICI), STAG Industrial (NYSE: STAG), and Digital Realty Trust (NYSE: DLR). 1. Realty Income Realty Income is one of the world's largest REITs. It owns 15,450 properties in the U.S., U.K., and Europe, and it leases them out to over 1,500 tenants across 90 industries. Its top tenants include recession-resistant retailers like Walmart, 7-Eleven, Walgreens, and Dollar Tree. Some of its top tenants struggled with store closures in recent years, but it still maintained a high occupancy rate of more than 96% over the past three decades. It pays its dividends on a monthly basis, and it's raised its payout 126 times since its IPO in 1994. It currently pays an attractive forward yield of 5%, and its stock looks like a bargain at 16 times last year's adjusted funds from operations (AFFO) per share. 2. Vici Properties Vici is a REIT that mainly owns casino and entertainment properties in the U.S. and Canada. Its top tenants, which it tightly locks into multidecade contracts, include Caesar's Entertainment, MGM Resorts, Penn Entertainment, and Century Casinos. It's also maintained an impressive occupancy rate of 100% ever since its IPO in 2018. Vici reduced its dividend during the peak of the pandemic in 2020 and 2021, but it's raised its payout over the past two years. It pays a high forward yield of 4.9% on a quarterly basis, and its stock still looks cheap at 16 times its trailing AFFO. 3. STAG Industrial STAG Industrial is an REIT that owns 573 industrial properties across 41 states. Its top tenants include Amazon, FedEx, and XPO, and it ended 2023 with a high occupancy rate of 98.2%. Many of its properties are used as e-commerce fulfillment centers, and that foundation could make it a less macro-sensitive play than brick-and-mortar retail or commercial REITs. STAG pays monthly dividends, and it's consistently increased its payout every year since its IPO in 2011. It currently pays a forward...

Top Funds' Activity in Q2 2024 by Leo Kolivakis via Pension Pulse ([Global] oracle cloud) URL: https://ift.tt/rQWFdjH Louis Goss of MarketWatch reports Druckenmiller, Soros, Tepper among investors selling Nvidia in second quarter as tech stocks slumped: The recent slump in Nvidia’s share price has seen an assortment of the world’s top money managers cash in on gains made during the 2023 rally by ditching shares in the microchip maker as the stock hit all-time highs in the second quarter of 2024, new U.S. 13-f filings show. High profile investment funds including Stanley Druckenmiller’s Duquesne Family Office, David Tepper’s Appaloosa Management, Soros Capital and Lee Ainslie’s Maverick Capital all cut their stakes in Nvidia in the second quarter, the filings show. Nvidia’s NVDA share price is up more than 700% since the start of 2023 following a major rally in tech sector stocks fueled by the potential of artificial intelligence technologies. George Soros’ investment firm and Druckenmiller’s family office both cut their positions in Nvidia in the second quarter, as Tepper’s Appaloosa Management also sold down its stake in the California tech giant by 84%, the filings to the U.S. Securities and Exchange Commission show. Ainslie’s hedge fund Maverick Capital only trimmed its stake in Nvidia by 2.86% in the second quarter of 2024 after having first acquired almost 464,000 shares in the company in the first quarter of 2023. The Bill & Melinda Gates Foundation previously fully-exited its stake in Nvidia in the fourth quarter of 2023. Chase Coleman III’s investment firm, Tiger Global Management, also reduced its huge stake in the company in the final three months of last year. Nvidia’s stock price subsequently surged in 2024 in a rally that saw the tech stock account for more than a third of all gains made by stocks listed on the S&P 500 index in the first half of the year. Druckenmiller’s $4.4 billion family office first bought Nvidia shares in the fourth quarter of 2022, on the back of a minor dip in the chip designer’s share price just before the stock surged to become one of America’s most valuable listed companies. Tepper’s $14 billion Appaloosa Management first acquired its stake in Nvidia in the first quarter of 2023 before significantly upping its stake in the second quarter of last year prior to selling out of the position in the second quarter of 2024. Soros Capital has repeatedly bought and sold stakes in Nvidia since the fourth quarter of 2019 having acquired its most recent position in the Magnificent Seven giant in the first quarter of this year before selling it off in the second quarter. Brian Baker and James Royal of Bankrate also report on which stocks Warren Buffett’s Berkshire Hathaway bought and sold last quarter: Warren Buffett is arguably the world’s most famous investor, and his investment moves are closely followed. Each quarter, the c...

ClearBridge Investments Ltd Purchases 84,180 Shares of American Tower Co. (NYSE:AMT) by Defense World Staff via Defense World ([Global] oracle cloud) URL: https://ift.tt/NWPMEcQ ClearBridge Investments Ltd lifted its holdings in shares of American Tower Co. (NYSE:AMT – Free Report) by 6.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,442,759 shares of the real estate investment trust’s stock after purchasing an additional 84,180 shares during the period. American Tower comprises approximately 8.2% of ClearBridge Investments Ltd’s holdings, making the stock its 3rd biggest holding. ClearBridge Investments Ltd owned 0.31% of American Tower worth $280,443,000 as of its most recent SEC filing. A number of other institutional investors also recently made changes to their positions in AMT. Bank of Montreal Can raised its position in shares of American Tower by 12.8% in the second quarter. Bank of Montreal Can now owns 954,016 shares of the real estate investment trust’s stock valued at $185,623,000 after buying an additional 108,355 shares during the last quarter. Evergreen Capital Management LLC grew its stake in American Tower by 1,484.0% in the 2nd quarter. Evergreen Capital Management LLC now owns 55,661 shares of the real estate investment trust’s stock worth $10,909,000 after acquiring an additional 52,147 shares during the period. Public Sector Pension Investment Board raised its holdings in American Tower by 17.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 64,886 shares of the real estate investment trust’s stock valued at $12,613,000 after acquiring an additional 9,751 shares during the last quarter. J. Stern & Co. LLP lifted its stake in shares of American Tower by 1.0% during the 2nd quarter. J. Stern & Co. LLP now owns 111,089 shares of the real estate investment trust’s stock worth $21,593,000 after purchasing an additional 1,139 shares during the period. Finally, Fairscale Capital LLC acquired a new stake in shares of American Tower during the second quarter worth $27,000. 92.69% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes AMT has been the topic of a number of research analyst reports. The Goldman Sachs Group began coverage on American Tower in a research note on Monday, July 1st. They issued a “buy” rating and a $230.00 price target on the stock. Barclays cut their price target on shares of American Tower from $234.00 to $223.00 and set an “overweight” rating on the stock in a research note on Thursday, May 30th. JPMorgan Chase & Co. boosted their price objective on shares of American Tower from $230.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. StockNews.com raised American Tower from a “hold” rating to a “buy” rating in a research report on Wednesday, July 31st....

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$7 billion fund manager chooses Amazon and other growth stocks by Dan Weil via The Street: Stock Market ([Global] oracle cloud) URL: https://ift.tt/ygI8M4m Growth stocks have been on a tear in recent years. The Vanguard Russell 1000 Growth ETF  (VONG)  registered annualized returns of 33% for the 12 months through Sept. 18 and 16% for the past 10 years. Dan Davidowitz is one investor who believes in growth stocks. He’s co-manager of Polen Growth Fund  (POLRX) , which has $7.1 billion in assets and an investment minimum of $3,000. Polen Capital overall had $65 billion in assets under management as of June 30. The fund generated returns of 20% for the past 12 months, negative 2% for three years, 11% for five years and 14% for 10 years, according to Morningstar. These numbers trailed the Vanguard ETF listed above in each period. To be sure, the Polen fund did outperform the Vanguard ETF in four of the 10 years from 2014-2023. Dan Davidovitz, analyst and portfolio manager, Polen Capital Polen Capital/TheStreet Davidowitz and his colleagues have a strict process for choosing Polen Growth’s stocks. They pick only companies with clean balance sheets and strength in cash flow, return of capital, profit margins and organic revenue growth. TheStreet recently chatted with Davidowitz about the fund as part of our expert interview series. This is what he had to say, including stock picks. TheStreet.com: What’s your investment philosophy? Davidowitz: We have a concentrated portfolio of 20 to 25 stocks (23 right now). We like businesses that can grow their earnings in the mid-teens [percent] or better annually. They have less risk because they’re the best companies. And mid-teens earnings growth brings mid-teens returns. Definition of quality stocks TheStreet.com: Given your focus on quality stocks, how do you define quality? Davidowitz: We have five guardrails for choosing stocks. Cash-rich balance sheets with little debt, Excess free cash flow every year, Return on capital of at least 20%, Stable or increasing profit margins, and, Better-than-average organic-revenue growth. We require sustainability in each of those areas. That leaves us with a pool of only 200 to 300 companies. We do deep fundamental research to choose among them. They aren’t always available at great prices or firing on all cylinders. We are constantly iterating our research. We usually buy or sell two or three stocks a year. Related: Single Best Trade: Veteran fund manager picks Chinese stock We try to own companies while they’re in a growth phase. But it’s not all fast growth. Some are growing earnings 11% to 12% a year but provide safety. Our average holding period is about six years. TheStreet.com: Are there any industries or market themes that you particularly like? Davidowitz: We’re bottom-up investors, looking at individual companies that meet our criteria in a sustained way. There’s usually something...

Jim Cramer Expresses Frustration Over Oracle Corporation (ORCL)’s Plans To Potentially Add 1,000 to 2,000 More Data Centers by Jose Karlo Mari Tottoc via Insider Monkey - Free Hedge Fund and Insider Trading Data ([Global] autonomous oracle) URL: https://ift.tt/5PJuKLo We recently compiled a list of the Jim Cramer’s Top 12 Must-Watch Stocks. In this article, we are going to take a look at where Oracle Corporation (ORCL) stands against Jim Cramer’s other must-watch stocks. In a recent episode of Mad Money, Jim Cramer traveled to Dreamforce to understand the true capabilities of artificial intelligence (AI) and to separate fact from hype. After diving deep into the topic, he feels more equipped to identify which AI claims are genuine and which are simply marketing fluff. He noted that there seems to be far more misleading information than real advancements. “All right, I had to come all the way out here to Dreamforce, the Salesforce Tech Festival, to learn what artificial intelligence is really capable of and what’s pure hype. After immersing myself in AI, I feel a lot more confident in sorting out the real from the phony. And you know what? There’s a hell of a lot more phony than there is real. That’s why I want to show you which AI claims are meaningless and which ones are legit. Look, I know this is Mad Money, not Mad AI. On a day like today, I could just focus on the Fed and only the Fed, whether we’ll get a quarter percent rate hike or maybe a half percent rate tomorrow. Today, the averages whipped around, finishing off 16 points, the S&P ending up 0.3%, and the NASDAQ inching up 2%. Stocks were all over the place.” Maximizing Profit Potential Through Lower Rates and AI Innovation Cramer emphasized that we don’t need expert predictions to see that interest rates are likely to drop, which is crucial for sustaining a bull market. He urged viewers not to overthink the situation and instead focus on promising opportunities, especially in the rapidly growing field of artificial intelligence. “Today is proof that you can game the ungameable. But you don’t need a San Francisco weatherman to know which way the wind blows. In the end, we know rates are headed lower, not higher, and that’s what we need to sustain this bull market. Please do not overthink it. I’d rather focus on what can help us make some money, like the biggest theme in the world right now: artificial intelligence.” While AI is causing excitement in the stock market, Cramer observed that its impact on the overall economy has been minimal so far. Some applications, like cost savings in corporate back offices, exist, but they aren’t groundbreaking. This lack of significant progress has led many analysts to suggest that the hype around AI may be turning into a bubble. “Specifically, what does AI actually do? We’ve heard so much about this technology and how it’s going to revolutionize everything. Right now, though, we know that while AI has taken the stock market by...

Jim Cramer Expresses Frustration Over Oracle Corporation (ORCL)’s Plans To Potentially Add 1,000 to 2,000 More Data Centers by Jose Karlo Mari Tottoc via Insider Monkey - Free Hedge Fund and Insider Trading Data ([Global] Oracle Advanced Analytics) URL: https://ift.tt/5PJuKLo We recently compiled a list of the Jim Cramer’s Top 12 Must-Watch Stocks. In this article, we are going to take a look at where Oracle Corporation (ORCL) stands against Jim Cramer’s other must-watch stocks. In a recent episode of Mad Money, Jim Cramer traveled to Dreamforce to understand the true capabilities of artificial intelligence (AI) and to separate fact from hype. After diving deep into the topic, he feels more equipped to identify which AI claims are genuine and which are simply marketing fluff. He noted that there seems to be far more misleading information than real advancements. “All right, I had to come all the way out here to Dreamforce, the Salesforce Tech Festival, to learn what artificial intelligence is really capable of and what’s pure hype. After immersing myself in AI, I feel a lot more confident in sorting out the real from the phony. And you know what? There’s a hell of a lot more phony than there is real. That’s why I want to show you which AI claims are meaningless and which ones are legit. Look, I know this is Mad Money, not Mad AI. On a day like today, I could just focus on the Fed and only the Fed, whether we’ll get a quarter percent rate hike or maybe a half percent rate tomorrow. Today, the averages whipped around, finishing off 16 points, the S&P ending up 0.3%, and the NASDAQ inching up 2%. Stocks were all over the place.” Maximizing Profit Potential Through Lower Rates and AI Innovation Cramer emphasized that we don’t need expert predictions to see that interest rates are likely to drop, which is crucial for sustaining a bull market. He urged viewers not to overthink the situation and instead focus on promising opportunities, especially in the rapidly growing field of artificial intelligence. “Today is proof that you can game the ungameable. But you don’t need a San Francisco weatherman to know which way the wind blows. In the end, we know rates are headed lower, not higher, and that’s what we need to sustain this bull market. Please do not overthink it. I’d rather focus on what can help us make some money, like the biggest theme in the world right now: artificial intelligence.” While AI is causing excitement in the stock market, Cramer observed that its impact on the overall economy has been minimal so far. Some applications, like cost savings in corporate back offices, exist, but they aren’t groundbreaking. This lack of significant progress has led many analysts to suggest that the hype around AI may be turning into a bubble. “Specifically, what does AI actually do? We’ve heard so much about this technology and how it’s going to revolutionize everything. Right now, though, we know that while AI has taken the stock...

OpenAI selects #OCI. Learn more about the latest AI innovator to select OCI: https://lnkd.in/eHg3dTHg "Leaders like OpenAI are choosing OCI because it is the world’s fastest and most cost-effective AI infrastructure"