At the current price, Valeant (NYSE:VRX) stock is not a mouth-watering bargain at less than 3 times earnings or less than 2 times free cash flow because it carries around $30 billion of debt, but it is still relatively cheap. If Valeant can reduce its debt by as much as $8 billion as stated by management, through a combination of organic earnings and the sale of non-core assets, it will remove the....More>>>
European stocks, which have lagged their U.S. counterparts dramatically since the bull market began in 2009, are closing the gap. In the first five months of 2017, the MSCI Europe index returned 16.6%nearly double the return of Standard & Poors 500-stock index.
See Also: Great Foreign Stocks That Pay Dividends
Whats behind Europes resurgence? For one thing, European stocks....More>>>
Earlier this month, I wrote that Southwest Airlines (NYSE:LUV) stock looks cheap. While the company faces some short-term headwinds related to a temporary shortage of aircraft and a slowdown in bookings following last month’s fatal accident, its longer-term profit growth outlook remains solid.
Southwest Airlines’ board and management seem to agree with this assessment. Last week,....More>>>
Stocks in several Asia-Pacific markets came back from early declines Thursday as interest in cheap buying opportunities started to push back concerns over trade protectionism.
Stocks in Japan and Hong Kong initially dropped by more than 1% following falls in major U.S. benchmarks overnight, but as investors perceived overselling they stepped in and pushed the Nikkei and the Hang Seng back....More>>>
Qualcomm (NASDAQ:QCOM) initially announced its plans to buyDutch chipmaker NXP Semiconductors (NASDAQ:NXPI) in Oct. 2016. Qualcomm wanted to buy NXP, the largest automotive chipmaker in the world, to diversify its business away from the mobile market.
Qualcomm is the top mobile chipmaker in the world, but its chipmaking business is being challenged by cheaper rivals and first party chips....More>>>