Sun.Mar 31, 2024

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Want to Own All the "Magnificent Seven" Stocks? Buy One of These Vanguard ETFs.

The Motley Fool

Investing can be tedious. That's especially the case when you want to buy multiple stocks. It's not difficult, but it can take a while. That's where exchange-traded funds (ETFs) come in handy. You can buy many stocks in one fell swoop. With the so-called "Magnificent Seven" stocks powering the overall stock market, some investors could be interested in scooping up all of them.

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The Most Important Concept in Finance

A Wealth of Common Sense

I’m really late on this one, but I finally got around to reading Andre Agassi’s autobiography.1 He writes about what it was like to finally win his first Grand Slam tournament at Wimbledon. Everyone’s perception of Agassi changed from choke artist to the real deal. Winning, however, didn’t change how he felt about himself: But I don’t feel that Wimbledon has changed me.

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10 Little-Known Perks of a Sam's Club Membership

The Motley Fool

Image source: Getty Images Sam's Club boasts more than 69 million members, many of whom know precisely what they want to buy before entering the warehouse club. While it's good to have a plan, it's important to update it occasionally. If you're a Sam's Club member who finds themselves picking up the same items every week, it's possible you're missing out.

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Politicians wrestle for control at Mississippi PERS

Top 1000 Funds

Politicisation at US public pension funds has taken a turn for the worse after a new law threatens to put politicians in charge of the Public Employees’ Retirement System of Mississippi.

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Am I All Set for Retirement With a $3 Million IRA?

The Motley Fool

Many seniors retire with little to no savings and wind up heavily reliant on the benefits they receive from Social Security. That's not a good thing, though, because those monthly benefits generally will not come close to replacing your pre-retirement paycheck in full. That's why it's so important to do your part to save independently. Now Motley Fool research finds that the median retirement savings balance among Americans aged 55 to 64 is $185,000 as of 2022, while the median balance among tho

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Explaining to clients the cost of delaying insurance

Million Dollar Round Table (MDRT)

By Romel Rivera Garganera Clients don’t know what we do and haven’t seen what we have. It’s understandable then that they may not always understand the cost of delaying insurance is about more than saving on the premium. Below is something I tell clients to help them understand the cost and impact of delaying their financial planning, and I hope you find it helpful as well with your clients.

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Bidding wars are back in fashion in the City but without the usual suitors

Financial Times M&A

Three recent deals involved only trade buyers, while private equity and sovereign wealth funds were absent

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Cathie Wood Thinks Palantir Could Disrupt Microsoft in Artificial Intelligence (AI). Here's Why I Think She's Right.

The Motley Fool

Earlier this month, Ark Investment Management CEO Cathie Wood sat down for a podcast conversation hosted by former NBA stars Andre Iguodala and Evan Turner. While Iguodala may be best known for his NBA accolades, the athlete has a prolific career off the court as a start-up investor. During the podcast, Wood spoke at length about major themes fueling the artificial intelligence (AI) narrative.

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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial.

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Bull Market Buys: 2 Growth Stocks to Own

The Motley Fool

The two stocks featured in this article are trading up extensively so far in 2024 but for entirely different reasons. Premium specialty alloy-products company Carpenter Technology (NYSE: CRS) benefits from robust end-market growth and an excellent margin expansion opportunity. Positioning and workflow technology company Trimble (NASDAQ: TRMB) continues offering technology that is revolutionizing its market.

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KKR to Present at the Bank of America Securities Financial Services Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities Financial Services Conference 2024 on Wednesday, February 21, 2024 at 10:30AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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Where Will New York Community Bancorp Be in 1 Year?

The Motley Fool

Share prices of New York Community Bancorp (NYSE: NYCB) have plunged roughly 75% from their 52-week highs. Most of the pain has come in the last three months following a terrible fourth-quarter 2023 earnings update. It appears likely that the bank will muddle through its current headwinds thanks to a little outside help. But how likely is it that NYCB will get back into fighting shape in the next year?

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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

KKR

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). Based on a proprietary survey of more than 75 Chief Investment Officers.

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Will ASML Be Worth More Than Apple by 2030?

The Motley Fool

ASML (NASDAQ: ASML) and Apple (NASDAQ: AAPL) are both often considered bellwethers of the tech sector. ASML is the world's largest producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers. Apple is the world's second-most-valuable company and top smartphone maker. But over the past 12 months, ASML's stock rallied 50% as Apple's shares rose just 6%.

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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

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This $26 Billion Unicorn Is Gunning for Adobe

The Motley Fool

When it comes to creative software, Adobe (NASDAQ: ADBE) is the undisputed king. The company offers Photoshop for images, Premiere Pro for videos, Illustrator for graphics, and a slew of other applications. Adobe's products are so widely used by professionals that competing with the software giant is tough. Switching costs are just too high for users.

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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

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Spring Cleaning: 3 Stocks to Say Goodbye to Right Now

The Motley Fool

Spring is here, and flowers are blooming. You know what that means: Time for a good old-fashioned round of spring cleaning. With that in mind, here are three stocks that a panel of Motley Fool contributors are ready to say goodbye to this spring. Image source: Getty Images. Will the rise of AI mean the beginning of the end for Apple? Jake Lerch (Apple): Now, don't get me wrong, Apple (NASDAQ: AAPL) has enjoyed a great run.

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KKR Appoints Ruchir Swarup as Chief Information Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Ruchir Swarup as a Partner and Chief Information Officer, effective immediately. In this role, Mr. Swarup will be responsible for driving KKR’s technology strategy and vision. Based in New York, Mr. Swarup will lead the firm’s efforts to embrace new technologies and scale existing technology to create efficiencies and reduce.

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Did You Recently Sell a Home? You Might Be Owed Money

The Motley Fool

Image source: Upsplash/The Motley Fool A major class action lawsuit against real estate agencies could be bringing massive changes to how homes are bought and sold. And if you sold a home in the past few years, you could get money from it. This lawsuit is called Burnett et al. v. National Association of Realtors, et. al., and it made news headlines in November 2023 when a federal jury handed down a verdict for $1.8 billion of damages against the National Association of Realtors and two real esta

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HarbourView Equity Partners Secures Close to $500 Million in Debt Financing from KKR and Other Investors to Expand Music Investment Opportunities

KKR

NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

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Here's Why Vanguard's Largest Growth Fund Keeps Outperforming the S&P 500 and the Nasdaq Composite

The Motley Fool

We're only one quarter into 2024 and already the Nasdaq Composite and S&P 500 are up over 9% year to date. But Vanguard's largest growth-focused exchange-traded fund (ETF) is up even more. Here's why the Vanguard Growth ETF (NYSEMKT: VUG) continues to outperform the major indexes while achieving diversification, why the ETF could continue to outperform, and whether it is worth buying now.

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KKR to invest in Encavis AG to accelerate the Company’s long-term growth

KKR

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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1 "High Conviction" AI Stock That Morgan Stanley Analysts Love

The Motley Fool

This month, Morgan Stanley strategist Edward Stanley revealed the investment firm's top high-conviction stock picks that will directly benefit from the rise of artificial intelligence (AI). While Stanley admitted that we are still in the "experimental" phase of AI, "the margin expansion in these names should be meaningful over the second half of 2024 and into 2025.

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KKR to support Ottobock with capital solution

KKR

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

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Bull Market Buys: 2 Dividend Stocks to Own for the Long Run

The Motley Fool

If you are a dividend investor like me, you prize consistency in all market environments, bull or bear. A high yield backed by a dividend that gets cut is likely to lead to less income and a loss of capital. No thanks! This is why one of the first screens I use when looking for a stock is a company's history of increasing its dividend. Then, I look at the businesses behind the dividend.

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KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

KKR

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects.

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3 Reasons to Reconsider Early Retirement

The Motley Fool

Many working people dream of early retirement. And it's easy to see why. Retiring early means getting to reclaim your days and eliminate what could be a major source of stress -- your job -- from your life. It could also mean getting to do things like travel while your body is in better physical shape. But while you may have your heart set on early retirement, it's not necessarily the best goal to pursue.

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KKR Announces Intra-Quarter Monetization Activity Update for the First Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from January 1, 2024 to March 21, 2024. Based on information available to us as of today, with respect to the period through March 21, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $350 million.

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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold Forever

The Motley Fool

It's been little more than a year since the latest iteration of artificial intelligence (AI) went viral, and we're only just beginning to see the fruits of this breakthrough technology. Early indications suggest one of the biggest benefits will be the time and money savings from increases in productivity, as AI automates mundane and time-consuming chores.

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KKR & Co. Inc. Announces 2024 Investor Day

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) will hold an investor day for the investment community on Wednesday, April 10, 2024 with remarks from 8:00 am to 1:00 pm EDT. The day will feature presentations by KKR’s business leaders. A live webcast as well as related presentation materials will be available to all interested parties through the Investor Center section of KKR’s website.

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Here's What Happens When Low-Income Earners Start Saving for Retirement Early

The Motley Fool

Image source: Getty Images If you make a limited income in the United States, the idea that you could ever retire may seem like nothing more than a fantasy. But the reality is, you could actually end up with quite a lot of money in a brokerage account. In fact, even if you are among the country's lowest earners, it's possible you could become a millionaire.

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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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This Company Plays a Crucial Role in Building Semiconductors. Does That Make Its Stock a Buy?

The Motley Fool

Semiconductor stocks have been hot over the past year on increased demand due to artificial intelligence (AI). Axcelis Technologies (NASDAQ: ACLS) is one stock that hasn't joined the party. Shares have fallen 15% over the past year, lagging behind the broader market. Is this under-the-radar company an undiscovered gem, or is something amiss? Here is what you need to know about this company, which plays a vital role in manufacturing certain semiconductors.

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