Well-known hedge-fund managers such as David Tepper and Dan Loeb get much of the attention, but there are lower-profile stars that are performing even better and beating the market. CNBC used Symmetric.io, a top hedge-fund tracking firm, to find the best under-the-radar managers and which stocks they recently bought, according to filings. Four times a
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Hedge fund manager Daniel Niles believes there’s too much optimism surrounding Apple stock. Niles, founding partner at AlphaOne Capital Partners, is worried the China trade war could hit the iPhone maker’s bottom line and shock investors who are capitalizing on its record run. “People are forgetting that China is 18 percent of their revenues in
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Traditional retail giant Walmart (NYSE:WMT) is back. And it’s bigger, stronger and better than ever. WMT stock traded nearly 10% higher to $100 after the company reported what was arguably its best quarter in over a decade. Not only was it a double-beat-and-raise report, but Walmart comparable sales rose 4.5% in the U.S. (the best
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The American consumer is back, and so is Walmart, at least for this quarter. Walmart stock surged more than 10 percent after the company reported fiscal second quarter earnings and sales that beat estimates and the best comparable sales growth in a decade. Sales were boosted by groceries, apparel, seasonal merchandise, and its e-commerce sales
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Forward-looking investments such as emerging markets have always appealed to speculators, although the risks are substantial. Still, Chinese companies, particularly those centered on internet technology like JD.com (NASDAQ:JD), appeared as if they were no-brainers. Thanks to a robust population and economic growth, JD stock generated significant, albeit choppy gains. And make no mistake: The ride
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Semiconductor company Nvidia is scheduled to report quarterly earnings after the bell Thursday. And after introducing its eighth-generation graphics chip on Monday, the stock is up more than 32 percent year to date. Josh Brown of Ritholtz Wealth Management, a CNBC “Fast Money Halftime Report” trader, said investors will pay close attention to the chipmaker’s
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Walmart Inc (NYSE:WMT) stock is up 9.2% since it announced it was buying Flipkart, India’s biggest e-commerce company, on May 9. In an investor presentation, Walmart called India “a compelling growth market with long-term potential.” Indeed, the Boston Consulting Group has said India could become the world’s third-largest consumer market by 2025. Walmart also described Flipkart as “positioned for significant
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To be fair, Morgan Stanley has a point about Chipotle (NYSE:CMG). The company has put its earnings growth into high gear, justifying an above-average valuation for CMG stock as the Tex-Mex eatery works to reclaim it former greatness. Sometimes the trajectory means more than the altitude. On the other hand, it would be naive to believe
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Walmart (NYSE:WMT) released its second-quarter 2019 results August 16 before the markets opened. Investors responded enthusiastically to the news, pushing WMT stock up nearly 10% so far. Can it last? Before I answer that question, let me run down some of the highlights of the quarter. Analysts were expecting revenue of $125.97 billion; Walmart delivered
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