Thu.Jul 13, 2023

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Costco Stock Could Soar to New Heights in 2024

The Motley Fool

Costco Wholesale (NASDAQ: COST) has been a terrific stock for long-term shareholders, delivering a total return of approximately 2,300% over the past 25 years. However, the past 15 months haven't been very rewarding. Costco stock peaked just above $600 in April 2022. Since reaching that all-time high, the shares have fallen by 13%, compared to a modest 2% decline for the broader market.

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Entrepreneurial Equity Partners acquires frozen breakfast foods provider from Encore

PE Hub

MBC was formed with the acquisition of Murry’s Inc in 2019 and Bake Crafters in 2022. The post Entrepreneurial Equity Partners acquires frozen breakfast foods provider from Encore appeared first on PE Hub.

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10 Best Stocks to Buy Now, Stock Market News, and Investing Q&A

The Motley Fool

The Invesco QQQ Trust (NASDAQ: QQQ) is up over 43% year to date, and investors are wondering what to do next. While large-cap tech names associated with artificial intelligence (AI) have been on a rampage, other stocks haven't been participating in the rally until recently. The below video provides stock market news, long-term investing methodology, CPI data, stock market possibilities, portfolio management ideas, and the best stocks to buy now.

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RF Investment Partners taps Albert as managing director and Friedman as VP

PE Hub

The firm has also named Max Rothstein and Luke Chandra as associates. The post RF Investment Partners taps Albert as managing director and Friedman as VP appeared first on PE Hub.

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Intel's Foundry Business Takes Another Step Forward

The Motley Fool

Semiconductor-giant Intel (NASDAQ: INTC) is focused on regaining its manufacturing lead over TSMC while building out a foundry business of its own. The company is in the process of bringing five new advanced manufacturing nodes to volume production within a span of four years. That effort will culminate with the Intel 20A and Intel 18A processes, both expected to be ready by the end of 2024.

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Cornell Capital recruits Martinez as client acquisition VP

PE Hub

In her new position, Martinez will oversee and drive key initiatives to support the company's growth. The post Cornell Capital recruits Martinez as client acquisition VP appeared first on PE Hub.

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Osceola-backed Revelation Pharma scoops up Eagle Pharmacy and Lee Silsby Compounding Pharmacy

PE Hub

Founded in January 2021, Revelation is a network of 503A and 503B compounding pharmacies. The post Osceola-backed Revelation Pharma scoops up Eagle Pharmacy and Lee Silsby Compounding Pharmacy appeared first on PE Hub.

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4 Factors That Affect Your Auto Insurance Premiums

The Motley Fool

Image source: Getty Images Buying auto insurance is crucial to protect assets. But paying premiums can be a big hit to a checking account. To help make sure auto insurance doesn't cost any more than it needs to, it's a good idea to learn a little bit about how policies are priced. In particular, here are four factors affecting auto insurance premiums that drivers should know about. 1.

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PE-backed Canadian Dental Labs bags Hallmark Dental Laboratory

PE Hub

Hallmark Dental Laboratory is a dental laboratory operating in Atlantic Canada. The post PE-backed Canadian Dental Labs bags Hallmark Dental Laboratory appeared first on PE Hub.

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Why Shares of Nikola Are Racing Higher Today

The Motley Fool

What happened After tumbling lower on Tuesday and Wednesday, shares of Nikola (NASDAQ: NKLA) are roaring back today. Investors are charged up about the manufacturer of battery-electric and hydrogen-electric vehicles thanks to a deal that the company announced this morning. As of 12:09 p.m. ET, Nikola stock has risen 30.1%. So what Nikola and BayoTech, a developer of hydrogen production, storage, and transportation solutions, announced a strategic supply agreement today.

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GTCR shares details of Worldpay strategy; Accel-KKR to exit KCS in reported $1bn deal

PE Hub

Accel-KKR is selling Kerridge Commercial Systems to CapVest. The post GTCR shares details of Worldpay strategy; Accel-KKR to exit KCS in reported $1bn deal appeared first on PE Hub.

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How Much Could a $5,000 Credit Card Balance Cost You Over Time?

The Motley Fool

Image source: Getty Images If you use a credit card, it's a good idea to pay your balance in full when the statement comes to you. This will enable you to avoid paying credit card interest. With the Federal Reserve reporting the average commercial bank interest rate on all credit card accounts was 20.09% as of February 2023, avoiding interest is especially important, as this is a very high rate to pay.

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Fidelity Investments Canada inks new real estate portfolio partnership with Brookfield

PE Hub

Brookfield will invest in and manage the portfolio. The post Fidelity Investments Canada inks new real estate portfolio partnership with Brookfield appeared first on PE Hub.

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2 Stocks to Invest in Virtual Reality

The Motley Fool

Virtual reality (VR) is by no means a new technology, showing up in various devices over the last three decades. However, technological advances have only recently made it possible for companies to deliver the VR experience that was promised many years ago. As a result, the market has massive growth potential, with Fortune Business Insights projecting the industry to expand at a compound annual growth rate of 45% through 2029 and hit $227 billion.

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Stone-Goff Partners invests in web hosting provider BigScoots

PE Hub

The investment will support accelerated growth for BigScoots. The post Stone-Goff Partners invests in web hosting provider BigScoots appeared first on PE Hub.

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Why Bitcoin, Ethereum, and Dogecoin All Popped on the Ripple Ruling

The Motley Fool

What happened The crypto market was on fire on Thursday afternoon after a judge ruled that Ripple (CRYPTO: XRP) is not a security (in most cases). The U.S. Securities and Exchange Commission (SEC) has been in a battle against cryptocurrencies this year, but the first case to actually make it to court and nearly to trial is the SEC's suit against Ripple, which was filed in December 2020.

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CORE-backed GEM acquires manufacturer Coining

PE Hub

Based in Waterbury, Connecticut, GEM is a provider of precision deep drawn metal components and mechanical assemblies. The post CORE-backed GEM acquires manufacturer Coining appeared first on PE Hub.

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Take These 5 Steps to Build Your Business Credit Score

The Motley Fool

Image source: Getty Images Unfortunately, it's becoming harder and harder for small businesses to borrow money. In addition to economic uncertainty, many lenders tightened their standards following the banking crisis earlier this year. As a small business owner, this makes it more important than ever to build a business credit history. Your business credit history is a record of how well your company handles credit.

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Argonne Capital recaps National Fitness Partners and Sunshine Partners

PE Hub

On a combined basis, these two transactions represented more than $1 billion in new equity commitments. The post Argonne Capital recaps National Fitness Partners and Sunshine Partners appeared first on PE Hub.

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Here's Why Home Depot Stock Fell 2% in the First 6 Months of 2023

The Motley Fool

What happened Shares of Home Depot (NYSE: HD) have been sluggish so far this year, retreating 1.7%, according to S&P Global Market Intelligence. The company's last two earnings reports showed a combination of no growth, rising expenses, and a gloomy outlook. Recent economic data was helpful, but not enough to erase damage done earlier in the year.

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Kohlberg buys business advisor Riveron from H.I.G.

PE Hub

Moving forward, H.I.G. will retain a minority stake in Riveron. The post Kohlberg buys business advisor Riveron from H.I.G. appeared first on PE Hub.

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Chevron Is Betting Big on U.S. Oil

The Motley Fool

Energy is vital to modern life, and oil and natural gas remain key sources of that energy -- which is why Chevron (NYSE: CVX) is continuing to look for ways to expand its production of these carbon fuels. And that push remains in place even as the company expects demand for cleaner alternatives to expand, thanks to a growing global population. Right now, Chevron sees a big opportunity to invest in production growth in the United States.

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GTCR’s Worldpay deal shares traits with Paya carveout

PE Hub

Nuvei took Paya private in a $1.3bn acquisition that closed in February. The post GTCR’s Worldpay deal shares traits with Paya carveout appeared first on PE Hub.

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2 Magnificient Growth Stocks to Buy in July

The Motley Fool

The stock market rewards innovation, especially when it comes to new products and/or services that create or disrupt entire industries. Some of the best-performing stocks in the past two decades have been fueled by advances in cutting-edge areas such as artificial intelligence and genomic medicine. If you're interested in investing in growth stocks that are at the forefront of innovation, you might want to check out Caribou Biosciences (NASDAQ: CRBU) and CRISPR Therapeutics (NASDAQ: CRSP).

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Food for thought: 5 PE deals catering to golf courses, football stadiums and frat houses

PE Hub

Arbor Investments, Entrepreneurial Equity Partners and Copley Equity Partners are among the firms making deals. The post Food for thought: 5 PE deals catering to golf courses, football stadiums and frat houses appeared first on PE Hub.

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Why Alphabet Stock Was Up Today

The Motley Fool

What happened Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) moved higher Thursday after the tech giant introduced new features for its Bard AI chatbot, and also launched the tool in international markets including Europe and Brazil. The stock closed the session up 4.7% on the news. So what All year, Alphabet stock has moved according to investors' assessments of its AI strategy, so it wasn't a surprise to see the stock bounce on Thursday's news.

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Pacific Avenue appoints Oh as partner

PE Hub

He will also join the investment committee. The post Pacific Avenue appoints Oh as partner appeared first on PE Hub.

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Why I Keep Buying This 7.5%-Yielding Dividend Stock Hand Over Fist

The Motley Fool

I've been gobbling up shares of Verizon (NYSE: VZ) over the past year. The biggest draw is the telecom giant's monster 7.5%-yielding dividend. While there have been some questions about that payout's sustainability -- which have weighed on its share price and pushed up its dividend yield -- the company's improving cash flow and balance sheet suggest the dividend should keep rising.

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Ancor Capital and Merit Capital invest in graphics agency Displayit

PE Hub

Displayit was founded in 1998. The post Ancor Capital and Merit Capital invest in graphics agency Displayit appeared first on PE Hub.

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2 Top Healthcare Stocks to Buy Right Now

The Motley Fool

When you invest in industries that are positioned to capitalize on secular trends, owning wonderful businesses for the long haul is all it takes to build wealth and passive income. As the world's population increases in both age and number, growing demand for health insurance and medical devices is a given. UnitedHealth Group (NYSE: UNH) and Medtronic (NYSE: MDT) are two businesses within the healthcare sector whose proverbial boats could be lifted by this rising tide.

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McDonald’s China owners Carlyle, Trustar plan $4bn exit

Private Equity Insights

Carlyle Group Inc (CG.O) and Trustar Capital are planning to raise $4bn from wealth funds to buy part of their stakes in McDonald’s Corp (MCD.N) operations in Hong Kong and mainland China, Bloomberg News reported. The move would provide a partial exit for the buyout firms after they bought the business six years ago, according to the report on Wednesday, citing people familiar with the matter.

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Why Coinbase, Cardano, and Solana Are Rising Today

The Motley Fool

What happened Most cryptocurrencies and crypto-related stocks zoomed higher today after crypto proponents claimed victory in a closely watched lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the creator of XRP (CRYPTO: XRP). Shares of the large U.S.-based crypto exchange Coinbase (NASDAQ: COIN) traded nearly 18% higher as of 2:52 p.m.

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Wellington in talks to invest in Kim Kardashian’s Skims at $4bn valuation-sources

Private Equity Insights

Investment firm Wellington Management is in talks to lead a new funding round for Skims, which could value the underwear clothing company owned by Kim Kardashian at about $4bn, according to people familiar with the matter. The Boston-based asset manager is in discussions to make a significant commitment to the fast-growing business in what could be its last fundraising as it gears up for an initial public offering that could happen within a year, the sources said, requesting anonymity because th

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If You Invested $1,000 in Meta Platforms in 2022, This Is How Much You Would Have Today

The Motley Fool

Meta Platforms (NASDAQ: META) , the tech giant formerly known as Facebook, saw its shares surge to an all-time high of $382.18 during the buying frenzy in growth stocks on Sept. 7, 2021. That marked a ten-bagger gain from its IPO price of $38 in 2012. But by Nov. 4, 2022, Meta's stock had sunk to a seven-year low of $88.09. Therefore, a $1,000 investment in its IPO would have briefly blossomed to over $10,000 before withering back to about $2,300.

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