Mining for cryptocurrency is getting tastier and paying off with a lot less electricity use. Kraft Heinz Co. (NASDAQ: KHC) last week launched a promotion that gives consumers an instant chance to win a “bacoin” currently valued at three slices of the company’s Oscar Mayer bacon.
After all the nasty things that Kraft Heinz’s main shareholder had to say this past weekend about cryptocurrencies, maybe Warren Buffett’s attitude will change if bacoins turn into a productive asset. Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-B) owns a stake of about 27% in Kraft Heinz.
As much as the 87-year old Buffett doesn’t like digital currencies, Berkshire Vice-Chair Charlie Munger, who is 94, likes them even less:
To me, it’s just dementia. It’s like somebody else is trading turds and you decide you can’t be left out.
If you happen to win a bacoin, you get a chance to raise the value of the bacoin either by sharing a pre-set message to your Twitter followers or by providing the email addresses of three friends. There are some limitations, so read the rules for yourself.
Top 5 Warren Buffett Stocks To Buy For 2019: PBF Logistics LP(PBFX)
Advisors' Opinion:- [By Max Byerly]
Plains GP (NYSE: PBFX) and PBF Logistics (NYSE:PBFX) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, analyst recommendations, institutional ownership, earnings and dividends.
- [By Logan Wallace]
Get a free copy of the Zacks research report on PBF Logistics (PBFX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on PBF Logistics (PBFX)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
PBF Logistics (NYSE:PBFX) issued its quarterly earnings results on Thursday. The pipeline company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.06), MarketWatch Earnings reports. PBF Logistics had a net margin of 33.57% and a return on equity of 56.03%. The company had revenue of $64.00 million for the quarter, compared to the consensus estimate of $67.75 million. During the same quarter in the previous year, the business earned $0.55 earnings per share. PBF Logistics’s revenue was up 5.8% compared to the same quarter last year.
Top 5 Warren Buffett Stocks To Buy For 2019: RadiSys Corporation(RSYS)
Advisors' Opinion:- [By Stephan Byrd]
Get a free copy of the Zacks research report on RadiSys (RSYS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
RadiSys Co. (NASDAQ:RSYS) saw an uptick in trading volume on Monday . 3,524,786 shares were traded during trading, an increase of 361% from the previous session’s volume of 765,060 shares.The stock last traded at $1.57 and had previously closed at $1.51.
- [By Joseph Griffin]
RadiSys (NASDAQ: RSYS) and Stratasys (NASDAQ:SSYS) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, profitability, analyst recommendations, institutional ownership and dividends.
Top 5 Warren Buffett Stocks To Buy For 2019: Voya International High Dividend Equity Income Fund(IID)
Advisors' Opinion:- [By Logan Wallace]
ING International High (NYSE:IID) announced a monthly dividend on Wednesday, May 16th, Wall Street Journal reports. Shareholders of record on Monday, June 4th will be given a dividend of 0.052 per share on Friday, June 15th. This represents a $0.62 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date of this dividend is Friday, June 1st.
Top 5 Warren Buffett Stocks To Buy For 2019: Poage Bankshares, Inc.(PBSK)
Advisors' Opinion:- [By Stephan Byrd]
Poage Bankshares (NASDAQ:PBSK) announced its earnings results on Monday. The savings and loans company reported $0.21 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $5.39 million for the quarter. Poage Bankshares had a negative return on equity of 4.84% and a negative net margin of 14.32%.
- [By Joseph Griffin]
News coverage about Poage Bankshares (NASDAQ:PBSK) has been trending somewhat negative on Thursday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Poage Bankshares earned a daily sentiment score of -0.06 on Accern’s scale. Accern also assigned headlines about the savings and loans company an impact score of 47.5091086029881 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Top 5 Warren Buffett Stocks To Buy For 2019: Helmerich & Payne, Inc.(HP)
Advisors' Opinion:- [By Reuben Gregg Brewer]
If we shift back to oil and natural gas for second, you'll also want to monitor the impact that energy prices have in the drilling services space. Companies like Helmerich & Payne (NYSE:HP) build, lease, and operate drilling rigs. When oil prices fall, demand for this company's products and services tends to fall as well.
- [By Reuben Gregg Brewer]
Energy-related stocks took a huge hit across the board when oil prices started to tumble in mid-2014. Some have come back strong; others are still reeling from the pain. If you're looking for bargains, then still-suffering stocks like ExxonMobil Corporation (NYSE:XOM), Holly Energy Partners, L.P. (NYSE:HEP), and Helmerich & Payne, Inc. (NYSE:HP) should all be on your short list. But are they worth buying today?
- [By Garrett Baldwin] On Tuesday, the Trump administration said it would press ahead with 25% tariffs on roughly $50 billion in Chinese goods. As U.S. Trade Secretary Wilbur Ross prepares to head to Beijing to discuss trade this week, the Trump administration is demanding that China address ongoing theft of U.S. intellectual property. Ahead of Friday's jobs report, Automatic Data Processing (NYSE: ADP) reported that private jobs increased by 178,000 during May. That figure was actually 12,000 behind what the markets were anticipating. Job growth appears to be slowing down as the firm also revised its jobs figure for April downward, from 204,000 new positions to 163,000. Three Stocks to Watch Today: KORS, HP, KMI Michael Kors Holdings Ltd. (NYSE: KORS) stock was off 3.2% in pre-market hours after the company reported earnings before the bell. The luxury retailer reported earnings per share (EPS) of $0.63, a figure that topped Wall Street expectations of $0.60. The firm also beat revenue expectations and reported an increase in same-store sales. However, the firm's earnings forecast for the year ahead came in lower than expectations, a factor that pushed its stock lower on Wednesday morning. Shares of HP Inc. (NYSE: HP) were up slightly after the company raised its full-year outlook and topped Wall Street earnings expectations on Tuesday. The company cited stronger demand in desktops and notebooks for its financial performance. The firm matched EPS expectations of $0.48. However, revenue came in at $14.0 billion, a figure that easily beat forecasts of $13.59. The Canadian government announced plans to purchase the Trans Mountain pipeline from Kinder Morgan Canada Ltd. (NYSE: KML) for $3.5 billion. The Canadian government said that the deal was the only way to ensure that the long-awaited project could proceed. The pipeline runs from the Alberta oil sands to a port all the way in British Columbia along the Pacific Ocean. The pipeline is designed to give Canadian crude grea
- [By Chris Johnson]
Let me show you…
I Love Helmerich & Payne Inc. (NYSE: HP) for This Coming WeekMy trading model is practically screaming to recommend this contract petroleum drilling company.
- [By Shane Hupp]
Victory Capital Management Inc. lowered its stake in Helmerich & Payne, Inc. (NYSE:HP) by 32.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 248,326 shares of the oil and gas company’s stock after selling 120,825 shares during the period. Victory Capital Management Inc.’s holdings in Helmerich & Payne were worth $15,833,000 at the end of the most recent quarter.
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