Colgate-Palmolive has been highlighted as a top pick by analyst Dara Mohsenian for several compelling reasons. The company is poised to report its second-quarter earnings on July 26, and Mohsenian believes that it has the potential for significant growth. With pricing power and share gains in its favor, Colgate-Palmolive has already seen a 23% increase
investment
In recent years, Bitcoin has emerged as a dominant force in the financial markets, outperforming traditional assets like gold, silver, and bonds. Michael Saylor, the co-founder of MicroStrategy, recently shared a bullish statement on Bitcoin, highlighting its impressive growth compared to other assets. According to Saylor’s analysis, Bitcoin has surged by a staggering 460% over
An Oklahoma judge recently made a significant decision by issuing a permanent injunction against the enforcement of a state law that targeted financial firms for divestment purposes. The Energy Discrimination Elimination Act, which led to four investment banks being banned from underwriting municipal bonds, faced opposition due to its vague nature and violation of Oklahoma’s
Recently, Elliott Management took a noteworthy stake in the popular coffee chain Starbucks. This move signifies the hedge fund’s interest in improving the company’s share price and overall performance. The news of this investment caused Starbucks shares to rise by 5%, indicating market optimism about potential changes within the company. Activist Approach Elliott Management is
The capacity of state transportation departments has been identified as a significant factor contributing to the high infrastructure costs in the United States. According to a recent study presented at the Brookings Municipal Finance Conference, the shrinking workforce within state DOTs over the past decade has led to outsourcing and the hiring of expensive consultants.
The solar industry has been facing a challenging week as solar stocks have taken a hit due to the political landscape. With Donald Trump gaining ground in the polls and the Republican Party rallying around him post an assassination attempt, the future of the renewable energy sector seems uncertain. This article examines the recent developments
Single-party dominance in a state has shown to have an impact on local government savings and bond yields in the secondary municipal bond market. The recent study presented at the annual Brookings Municipal Finance conference sheds light on the implications of state trifectas on municipal bond pricing. The research conducted by George Washington University professors
The debate over strategies and long-term fiscal responsibility regarding pension investments in funds that favor environmental, social, and governance factors continues to be a hot topic among red and blue state treasurers. While some argue that ESG is a key strategy to determine the long-term sustainability of a company, others believe that it may invite
The municipal market experienced little change on Wednesday, with a focus on the primary market activities that showcased a high volume of issuance from major entities such as the New York City Transitional Finance Authority and the Regents of the University of California. Additionally, the market was influenced by the performance of U.S. Treasuries and
Stanley Druckenmiller, a renowned investor and the founder of Duquesne Family Office, has once again made headlines with his strategic investment moves. Following his successful bet on Nvidia, Druckenmiller has now shifted his focus to small-cap stocks, which have emerged as the hottest trade of the summer amidst a market rotation away from megacap tech