Warren Buffett's Berkshire Hathaway outperformed the S&P 500 by 11.1% per year from 1965 through 2016, generating an overall gain of 1,972,595% compared to the market's total return of 12,717%. It's no wonder why investors closely monitor Warren Buffett's portfolio. He is arguably the greatest investor of all time, and his best investment advice can be seen here. [...]
Bill Gates is the second wealthiest man on the planet with a net worth in excess of $90 billion. Just like you and me, Bill wants to earn a return on his pile of cash. Of the 17 publicly-traded companies held in the Bill & Melinda Gates Foundation Trust, 12 pay dividends. In this article, [...]
Apple (AAPL) was one of the pioneers in personal computing but has since grown to become one of the world's most dominant forces in consumer electronics with more than $225 billion in annual revenue. Today the company produces numerous consumer devices, including smartphones, desktop and laptop computers, tablets, smartwatches, voice-controlled smart speakers, TV boxes, [...]
Founded in 1911, International Business Machines (IBM) is one of the world's oldest tech companies. Today IBM is the largest IT provider (5.5% global market share) for businesses around the world. It operates in five main business segments. Technology Services & Cloud Platforms (43% of revenue, 29% of operating income; declined 3% in 2017): provides [...]
CVS Health (CVS) is one of America’s most dominant healthcare players. The company operates the nation’s second largest pharmacy chain with over 9,800 retail locations. CVS is also one of the nation’s largest pharmacy benefits managers (PBMs), with over 94 million plan members who used CVS to file 1.3 billion medical care claims in 2017. [...]
Founded in 1888, Abbott Laboratories (ABT) is one of the world’s largest medical companies, with a portfolio of leading, science-based offerings in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals. Abbott spun off its research-based pharmaceuticals business AbbVie (ABBV) in January 2013 and has four main business units today: Medical Devices (38% of sales): devices [...]
Wells Fargo (WFC) was founded in 1852 and is the third-largest bank in the country as measured by assets. The bank ended 2017 with about $1.3 trillion in total deposits, and its 90 different business lines collectively generated over $84 billion in revenue from a diversified mix of banking, insurance, investment, mortgage, and consumer and [...]
Dominion Energy surprised many investors when it announced plans to acquire SCANA (SCG) in a $14.6 billion all-stock deal on January 3. SCANA’s stock rallied more than 20% on the news, but Dominion’s stock declined around 4%. The deal is expected to close during the third quarter of 2018. SCANA ran into trouble in [...]
General Motors was founded in 1897 in Detroit, Michigan, and is one of the largest car makers in the world. The company sells more than 7.5 million vehicles around the world each year primarily through its approximately 19,000 dealerships. GM's global market share is close to 17%, including an industry-leading position in its most profitable [...]
Qualcomm (QCOM) was founded in 1985 and is a leader in the development and commercialization of digital communication technologies called CDMA (Code Division Multiple Access) and OFDMA (Orthogonal Frequency Division Multiple Access), including LTE (Long Term Evolution). The company owns significant intellectual property applicable to products that implement any version of CDMA and OFDMA, [...]
Consolidated Edison (ED) was founded in 1884 and serves as a regulated electric and gas utility to the New York metro areas and Westchester County, NY. Con Ed's principal business segments are: Con Edison of New York (93% of earnings when combined w/Orange & Rockland): provides electric service to approximately 3.3 million customers and gas [...]
Public Storage (PSA) was founded in 1972 and is America’s largest self-storage REIT, owning over 2,500 storage rental properties in 38 states and seven European countries. The company also owns a 42% stake in PS Business Parks (PSB), which leases out commercial space to small and mid-size businesses. U.S. self-storage operations account for approximately [...]
Magellan Midstream Partners is one of America’s larger MLPs and specializes in refined petroleum products. Magellan’s pipeline systems primarily transport products such as gasoline and diesel fuel from refineries, helping them eventually reach gasoline stations, truck stops, airports, and other end users. The partnership’s 13,000 miles of pipelines and over 50 storage terminals (100 [...]