Jeff Bezos’ Brief Stint As World’s Richest Human Ends With AMZN Second Quarter Whiff

AMZN has had a good run this 2017. But second quarter earning whiff brings halt to the run and places AMZN founder as second richest human after a brief stint on first place. 

AMZN stock priced at $1,014.54 per share after 27th Jul 2017 market closed.

Full article on below links:

https://techcrunch.com/2017/07/27/jeff-bezos-brief-stint-as-worlds-richest-human-ends-with-amazons-second-quarter-whiff/

Advertisements

Morningstar’s Ultimate Stock Picker

• There’s been no change in the list of top 10 holdings of Morningstar’s Ultimate Stock Pickers so far this year, but one wonders about the fate of Microsoft (MSFT) after its much criticized purchase of Nokia’s main handset business; it had been the top high-conviction holding in the group.

• The top 10 holdings: MSFT, GOOG, WFC, JNJ, BRK.B, AIG, PG, WMT, PEP, UPS.

• Among purchases during the most recent period, National Oilwell Varco (NOV) topped the top 10 list of high-conviction buys, followed by WFC, GM, SLB, INTC, AAPL, XOM, APA, CHRW, EMC.

S&P 500 Big Cap Trading at Single-Digit Multiples

With the major averages edging towards pricey territory, Andrew Bary of Barron’s screens the S&P 500 for big cap stocks trading at single-digit multiples, then narrows the list to those whose prospects can be argued to be good.

The names are all familiar ones, but their presence on the list may surprise:
VLO, MPC, HPQ, FCX, ESV, PSX, GM, MET, WDC, PRU, APA, JPM, C, DE, AAPL.