Shares of Orexigen Therapeuetics (OREX) are up about 40% after the company reported that its weight-loss Drug Contrave did not only achieve excellent safety results but also saw improvements in other significant areas. When patients took Contrave they were observed to reduce their risk of a heart attack, reduce the risk of a stroke and/or reduce the…
As Apple (AAPL) starts selling its new smart watch there are some, well, crazy-sounding predictions circulating about the amounts of gold the company might soon be buying. The math goes like this: Each gold version of the watch will contain around two ounces, and the company might sell 10 million of them a year, mainly to rich,…
Over the years, studies have consistently shown that investing in both domestic equities and foreign stocks reduces portfolio risk while enhancing returns. In addition, the primacy of the US equity markets has greatly diminished with its share of global stock market capitalization declining steadily. This is why investors can no longer limit themselves to domestic…
Go Nuts for John B. Sanfilippo & Son This week’s hot stock had an outstanding 2014 and was up 53% over the course of the year, but is undervalued even at its new, higher price. As a main producer of one of the most popular snack and health foods in the country, this company has…
After the closing bell today key GoPro (GPRO) partner Ambarella (AMBA) will report its fourth quarter earnings. At the start of 2013 little known Ambarella was trading at a modest $8 per share. Today the stock is trading at over $60. In GoPro’s S-1 filing leading up its IPO the company cautioned that there was…
Guest post by Steve Saville Total guesswork regarding China’s gold holdings Last year I noticed an article by Alasdair Macleod containing an estimate that China (meaning: China’s government) had accumulated 25,000 tonnes of gold between 1983 and 2002. I would say that this estimate was based on rank speculation, but that would be doing an injustice to rank…
Apple (NASDAQ: AAPL) produces a variety of devices that are omnipresent in day to day life, but is it possible for the tech company to become even more ubiquitous? Kathyrn Huberty of Morgan Stanley thinks so. On March 2nd, Huberty maintained a Buy rating on Apple and raised her price target from $133 to $160. According to an article published…
We in the precious metals industry spend a lot of time touting the virtues of gold, but there is another metal that should make every bullion enthusiast stand at attention right now: silver. Silver is historically undervalued right now at around $17 an ounce even as the US Mint continually runs out of silver eagles….
The DAX (GDAXI) has been on an unexpected tear recently, launching into frontiers previously unknown. In mid-February, it reached the psychological 11,000 point mark for the first time. The last time the DAX reached a new high, it was followed by a slump, but this time it hasn’t. In fact, rather than giving investors the sense it has reached…
Our oldest subscriber has just died aged 109. I first met Irving Kahn when I opened my first brokerage account at Abraham & Co., where my great-uncle Jack Oppenheim, stock market mentor to the German Jews, worked. (Jack had fled Germany with enough money to buy a seat on the New York Stock Exchange and…
