For as long as people drive cars, heat homes, and cook food, Phillips 66 (NYSE: PSX) is going to be there refining the petroleum products we use every day. In my last two articles, I’ve given a background of the company and why it is positioned to outgrow competitors and provide wealth for their shareholders. … Continue reading What Does Phillips 66’s Earnings Boost Mean For Investors?
A few weeks ago, I wrote an article about Phillips 66 (NYSE: PSX) and its competitive advantage and valuation that makes it a great buy, both as a company and as a stock. Warren Buffet seemed to agree, as he announced that Berkshire Hathaway is selling shares of ConocoPhillips (NYSE: COP) to buy those of … Continue reading Phillips 66: Warren Buffett’s Newest Pick
Phillips 66 (NYSE: PSX) is an undervalued company that is going to take the oil and gas industry by storm. In 2002, Conoco and Phillips 66 merged to form ConocoPhillips (NYSE: COP), making the second largest refiner and marketer of petroleum products, behind Exxon Mobil (NYSE: XOM). Phillips 66 was spun off from ConocoPhillips, the … Continue reading The Best Way to Energize Your Portfolio
The Great Recession may have officially ended, but the economy is still not looking too hot. U.S. unemployment is still above 8 percent and the stock market experienced its biggest drop of the year just a couple weeks ago, pushing the Dow into negative territory for 2012. The global economy is not fairing well either, … Continue reading How to Stay Afloat When The Markets Are Sinking
Last week, the markets were in terrible shape off disappointing U.S. data and worldwide economic instability. The US economy added a mere 69,000 jobs in May and the unemployment rate rose for the first time since last June to 8.2 percent. The Dow Jones industrial Average plunged 275 points (-2.22%) on Friday, putting it in … Continue reading Wake Up and Smell the Starbucks
The short answer is: we don’t really know, but the bank did leave breadcrumbs. J.P Morgan Chase (JPM) has not released any filings or disclosures about the multi-billion dollar losses in the bank’s Chief Investment Office, though CEO Jamie Dimon has agreed to testify before a Congressional committee in June to spill the beans. Investigations … Continue reading How Did JP Morgan Screw Up?
Behind the face of Facebook Although the company is not even ten years old, Facebook (FB) is a household name. In fact, statistically speaking, you probably have a Facebook page open as you read this article. Facebook is the home to more than 750 million active users, 50% of who log on every single day. … Continue reading Facebook Falls Short
In this economy, every investor is looking for a solid stock with strong growth, stable dividends, and a reliable potential to return wealth to shareholders. They are all looking for a Wal-Mart (WMT). Background Wal-Mart is the largest retailer in the world and is approaching 10,000 stores around the globe. It is the biggest revenue … Continue reading Wal-Mart – Trading at Every Day Low Prices