Tue.Mar 05, 2024

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Everyone Knows That Chewy Sells Pet Food and Toys. But the Company Just Started Addressing an $11.5 Billion Market That You Might Not Expect.

The Motley Fool

Founded in 2011, Chewy (NYSE: CHWY) started with a nearly impossible task: Go up against the retail and e-commerce giants of the world to create a niche marketplace for pet owners. I believe it's safe to say that the company officially succeeded against incredibly long odds. Chewy will report completed financial results for 2023 on March 20, so investors don't know the final numbers yet.

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Artemis-backed McDaniel scoops up manufacturer Rayotek

PE Hub

McDaniel is a maker of advanced material technical solutions. The post Artemis-backed McDaniel scoops up manufacturer Rayotek appeared first on PE Hub.

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1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $40 and Hold for 10 Years

The Motley Fool

C3.ai (NYSE: AI) was an early enterprise artificial intelligence (AI) company when it was founded in 2009. It has developed a portfolio of over 40 ready-made and customizable AI applications for businesses in more than 10 different industries to accelerate their adoption of this game-changing technology. C3.ai just spent 18 months transforming its revenue model, and now it's reaping the benefits with accelerating revenue growth.

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Alphi Capital invests in K2 Fasteners

PE Hub

K2 Fasteners is a distributor of stainless steel and other corrosion resistant fasteners. The post Alphi Capital invests in K2 Fasteners appeared first on PE Hub.

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Forget Nvidia: These 2 Artificial Intelligence (AI) Stocks Are Considerably Cheaper and Not in a Bubble

The Motley Fool

Over the past 30 years, Wall Street has enjoyed no shortage of next-big-thing investment trends. Innovations and high-interest trends such as the advent of the internet, genome decoding, business-to-business commerce, China stocks, 3-D printing, cannabis, blockchain technology, and the metaverse, have captivated the attention, and wallets, of professional and retail investors.

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Angeles Equity-backed Data Clean snaps up environment cleaning services firm DP Guardian

PE Hub

Data Clean is a provider of specialized facility maintenance services. The post Angeles Equity-backed Data Clean snaps up environment cleaning services firm DP Guardian appeared first on PE Hub.

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One Equity-backed PGW Auto Glass snaps up AutoglassCRM

PE Hub

PGW Auto Glass is a distributor of automotive replacement glass, specialty parts, shop accessories, and digital services. The post One Equity-backed PGW Auto Glass snaps up AutoglassCRM appeared first on PE Hub.

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3 Red-Hot ETFs That Show No Signs of Cooling Off

The Motley Fool

Exchange-traded funds (ETFs) have become increasingly sophisticated and less expensive. There's nothing quite like investing in an individual company's stock and watching it grow over time, but ETFs have value even for seasoned investors. By providing diversification in a theme or sector, an ETF is one of the simplest ways to dip your toes into something new or access foundational holdings.

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Charlesbank Capital buys alternative student transportation platform EverDriven

PE Hub

The seller was Palladium Equity Partners. The post Charlesbank Capital buys alternative student transportation platform EverDriven appeared first on PE Hub.

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Most Credit Card Late Fees Will Be Capped at $8, Saving Consumers $220 Per Year

The Motley Fool

Image source: The Motley Fool/Getty Images On March 5, the Consumer Financial Protection Bureau (CFPB) announced a final rule to curb excessive credit card late fees. This ruling will limit how much credit card issuers can charge for these fees. According to the agency, credit card companies charged Americans more than $14 billion in late fees in 2022.

Banks 246
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Ontario Teachers’ makes three executive appointments

PE Hub

Ontario Teachers' has named Bernard Grzinic as executive managing director, capital markets; Steve Saldanha as executive managing director, total fund management; and Robert Sturgeon as senior managing director, global investment strategy. The post Ontario Teachers’ makes three executive appointments appeared first on PE Hub.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood has some ground to make up this year. The Ark Invest co-founder, CEO, and investor finds her most popular exchange-traded fund in the red in 2024, a bad look in a rising market. After trouncing the market last year, can she get back on track? She is not going to be standing still. Wood kicked off this fresh trading week by adding to some of her existing positions and pruning some of her other stakes.

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Pfingsten-backed Fairbank Equipment acquires manufacturer Big W Sales

PE Hub

Big W represents Fairbank’s second strategic acquisition since Pfingsten became the majority shareholder in December 2021. The post Pfingsten-backed Fairbank Equipment acquires manufacturer Big W Sales appeared first on PE Hub.

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1 Top AI Stock to Buy Before 2025 (Hint: It's Not Nvidia)

The Motley Fool

No company has seen a greater benefit from the artificial intelligence boom than Nvidia (NASDAQ: NVDA). Training massive large-language models and running them requires gargantuan computing capacity. Nvidia's data center GPUs are the gold standard in the AI industry, and they're being scooped up by cloud giants and AI start-ups alike. Nvidia's revenue more than tripled in its most recent quarter thanks to incredible demand for its AI-centric GPUs , while adjusted earnings per share rose by nearl

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TA Associates makes growth investment in AGA Benefit Solutions

PE Hub

AGA is a developer and administrator of customized group insurance and retirement plans. The post TA Associates makes growth investment in AGA Benefit Solutions appeared first on PE Hub.

Investing 191
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Up 80% This Year, Is Chipotle Stock a Genius Buy?

The Motley Fool

Who knew selling beans and rice could be so lucrative? Casual dining brand Chipotle Mexican Grill (NYSE: CMG) has sizzled over the past year. Shares are up a whopping 80%, easily outperforming the broader stock market. But like its burritos can be, the stock is starting to feel heavy for investors. Remember, a great business doesn't necessarily make an outstanding stock if you pay too much.

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TruArc Partners snaps up chemical manufacturer Meyer Lab

PE Hub

The sellers were Meyer Lab owners Russell Meyer and William “Rusty” Meyer. The post TruArc Partners snaps up chemical manufacturer Meyer Lab appeared first on PE Hub.

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2 Reasons to Save in a Roth 401(k) in 2024, and 2 Reasons Not To

The Motley Fool

If you're planning to set aside money for retirement savings this year, good for you. It's important to save independently for your senior years so you're able to live comfortably once your career wraps up. Now there are a number of retirement plans you can choose from for housing your savings. And if your company offer a Roth 401(k), which a growing number are these days, you may want to consider it.

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PE-backed wealth manager in fresh add-on; GA on Partners Capital plans; Inyarek founder profile

PE Hub

Private equity-backed Mercer Advisors acquires wealth management firm MDK. The post PE-backed wealth manager in fresh add-on; GA on Partners Capital plans; Inyarek founder profile appeared first on PE Hub.

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Is Broadcom an Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before Its Big News on Thursday?

The Motley Fool

What are the hottest stocks on the market right now? Those with a major focus on artificial intelligence (AI). Broadcom (NASDAQ: AVGO) stands out as a great example, with its shares skyrocketing more than 130% over the last 12 months. The semiconductor and infrastructure software company could have a catalyst that'll send its share price even higher on the way soon.

Returns 246
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Godspeed Capital-backed SHA acquires Smith Consulting Architects

PE Hub

Based in Kentucky, SHA is a master planning, architecture design and interior design firm focused on serving the U.S. healthcare facilities market. The post Godspeed Capital-backed SHA acquires Smith Consulting Architects appeared first on PE Hub.

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1 No-Brainer AI Stock Down 56% to Buy and Hold Forever

The Motley Fool

Despite its considerable potential for gains, Snowflake (NYSE: SNOW) has become a somewhat volatile stock. It is down more than 55% from its all-time high and, following an unexpected CEO change, fell 18% after its latest earnings report. Nonetheless, investors should not ignore the considerable attributes of this artificial intelligence ( AI) stock.

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Inyarek is ‘focused, hungry and ready to hunt’

PE Hub

After 15 years together at Old Ironsides Energy,, Chris Stoeckle, Brett Estwanik and Paul Kaboub formed Inyarek Partners this year to focus on energy transition businesses. The post Inyarek is ‘focused, hungry and ready to hunt’ appeared first on PE Hub.

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1 Mind-Blowing Quote That Shows Why This Artificial Intelligence (AI) Stock is a No-Brainer Buy Right Now

The Motley Fool

Signs of the new AI boom are suddenly everywhere again. AI stocks are soaring again this year as recent results from companies like Nvidia (NASDAQ: NVDA) and Super Micro Computer have blown past analyst estimates as cloud infrastructure companies and AI start-ups dramatically ramp up spending on AI hardware. The fervor for AI stocks has gotten so heated that even stocks that Nvidia has invested in, like Soundhound AI , have surged when the news of Nvidia's stake broke.

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KKR taps Swarup as partner and chief information officer

PE Hub

In this role, Swarup will be responsible for driving KKR’s technology strategy and vision. The post KKR taps Swarup as partner and chief information officer appeared first on PE Hub.

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Could Fastly Stock Help You Become a Millionaire?

The Motley Fool

Fastly (NYSE: FSLY) has taken investors on a roller-coaster ride since its IPO in May 2019. The content delivery network (CDN) provider went public at $16 per share, and its stock skyrocketed to a record high of $128.83 on Oct. 13, 2020. But today, Fastly's stock trades at about $14. A $10,000 investment in its IPO would have blossomed to more than $80,500 before withering to less than $8,800 today.

Returns 245
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PE-backed Mercer Advisors snaps up wealth management firm MDK

PE Hub

Based in Denver, Mercer Advisors is a wealth management and financial planning firm. The post PE-backed Mercer Advisors snaps up wealth management firm MDK appeared first on PE Hub.

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These 4 "Magnificent Seven" Stocks Are Brilliant Buys in March

The Motley Fool

The "Magnificent Seven" stocks have been some of the top performers in the market in recent years. This group consists of some of the largest companies listed in the U.S. markets. They are: Microsoft (NASDAQ: MSFT) Apple (NASDAQ: AAPL) Nvidia (NASDAQ: NVDA) Amazon (NASDAQ: AMZN) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Meta Platforms (NASDAQ: META) Tesla (NASDAQ: TSLA) Of the seven, I think only four are great buys right now.

Returns 244
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Brookfield Asset Management agrees to exit Greenergy’s European biz

PE Hub

Greenergy is a UK-based road fuels supplier and a biodiesel producer. The post Brookfield Asset Management agrees to exit Greenergy’s European biz appeared first on PE Hub.

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Want $1 Million in Retirement? Invest $50,000 in These 3 Stocks and Wait a Decade.

The Motley Fool

Most Americans saved far less than $1 million to live out the rest of their days. According to the Federal Reserve Board, Americans between 45 and 54 have only saved a median of $115,000 for retirement, while those between 55 and 64 have only socked away a median of $185,000 in their retirement accounts. If you belong in one of those two categories, you should consider buying and holding a few promising growth stocks to cross the million-dollar mark.

Investing 244
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L Catterton to invest in luxury river cruise line AmaWaterways

PE Hub

The seller is a consortium of investors led by Certares. The post L Catterton to invest in luxury river cruise line AmaWaterways appeared first on PE Hub.

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Social Security's 2025 COLA Could Be Under 2%. Here's Why That's Not Such a Bad Thing, Though.

The Motley Fool

Many seniors inevitably wind up in a position where they're forced to largely live on Social Security. That's not ideal, though, because those benefits will only replace about 40% of an average earner's pre-retirement wages. And seniors commonly need a lot more income than that to live comfortably. But still, that doesn't change the fact that many retirees today are extremely reliant on Social Security.

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ARC Financial pumps capital into StormFisher Hydrogen

PE Hub

StormFisher Hydrogen is a low-carbon fuel facility development company. The post ARC Financial pumps capital into StormFisher Hydrogen appeared first on PE Hub.

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1 Wall Street Analyst Thinks Ferrari Stock Is Going to $357. Is It a Sell Around $414?

The Motley Fool

Ferrari (NYSE: RACE) stock is off to the races! Gaining an impressive 52% over the past 52 weeks, shares of the Italian sports car maker have outperformed the S&P 500 by a factor of two already. But one analyst thinks that now it's time to sell. Analysts at Citigroup downgraded Ferrari stock to "sell" on Monday, setting a new target price of 329 euros per price (about $357).

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