Fri.Jan 26, 2024

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Why I'm Not Chasing a Higher Social Security Benefit

The Motley Fool

The maximum Social Security benefit you can collect in 2024 is $4,873. And if that's the benefit you're in line for, you may be able to live quite comfortably on Social Security alone, even though retirees are commonly advised not to do that. Now to be fair, if you're in line for Social Security's maximum monthly benefit, it means you were a pretty high earner during your career.

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5 deals: PE firms bet on architecture, engineering and construction

PE Hub

Blackstone, OceanSound Partners, HIG Capital, Bernhard Capital and Wind Point Partners are some of the firms picking opportunities in this sector. The post 5 deals: PE firms bet on architecture, engineering and construction appeared first on PE Hub.

Capital 206
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Why I'm Not Opening Any CDs in 2024 -- Even Though Rates Are Up to 5.5%

The Motley Fool

Image source: Getty Images Have you seen how high the APYs have gotten on certificates of deposit (CDs)? As of Jan. 21, 2024, some of the offers on our best CDs list were offering rates of up to 5.51% APY! With the Fed (possibly) getting ready to cut interest rates, now could be a good chance to lock in a high yield on a CD. But even though the APYs are tempting, I'm not convinced that opening a CD is the right move for my personal finances.

Banks 246
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Warburg to sell Procare for $1.86bn; plus 5 PE deals betting on architecture, engineering and construction

PE Hub

Private equity goes bullish over architecture, engineering and construction. The post Warburg to sell Procare for $1.86bn; plus 5 PE deals betting on architecture, engineering and construction appeared first on PE Hub.

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83% of Warren Buffett's $365 Billion Portfolio Is Invested in Just 7 Stocks

The Motley Fool

For nearly six decades, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been putting on an investment clinic for all to see. Since taking over as the CEO of Berkshire in the mid-1960s, the "Oracle of Omaha," as Buffett has come to be known, has overseen an aggregate return in his company's Class A shares (BRK.A) of almost 4,500,000%, as of the closing bell on Jan. 19, 2024.

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Long Ridge sells medical insurance claim settlements administrator Ametros to Webster Bank

PE Hub

The purchase price was $350 million. The post Long Ridge sells medical insurance claim settlements administrator Ametros to Webster Bank appeared first on PE Hub.

Banks 203

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Vista Equity Partners completes take-private buyout of software firm EngageSmart

PE Hub

The transaction puts EngageSmart at a valuation of about $4 billion. The post Vista Equity Partners completes take-private buyout of software firm EngageSmart appeared first on PE Hub.

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Tesla Is Just a Car Company, and It's Time Wall Street Valued It as Such

The Motley Fool

There are few constants on Wall Street. But one thing investors can always count on is a next-big-thing trend demanding attention. For much of the past half-decade, electric vehicles (EVs) have ranked high on the list of game-changing innovations. Although estimates vary wildly, as you'd expect from any industry-changing technology, Fortune Business Insights has penciled in a nearly 18% compound annual growth rate for the worldwide EV market through 2030.

Companies 246
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KKR-backed BrightSpring Health Services goes public

PE Hub

Based in Louisville, Kentucky, BrightSpring is a provider of home health services. The post KKR-backed BrightSpring Health Services goes public appeared first on PE Hub.

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1 S&P 500 Stock to Buy Before It Soars 105% in 2024, According to a Wall Street Analyst

The Motley Fool

The S&P 500 advanced 24% in 2023, its third-best annual performance of the past decade. Those gains were largely confined to the technology, communications services, and consumer discretionary sectors. The Magnificent Seven stocks factored heavily into that outcome, as did excitement about artificial intelligence. Meanwhile, the other eight market sectors underperformed the S&P 500.

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Peloton Equity and Fort Maitland Capital invest in medical tech company OnPoint

PE Hub

The investment will be used to enable OnPoint to accelerate its product development roadmap, bolster its sales and marketing efforts, and strengthen the company’s customer service. The post Peloton Equity and Fort Maitland Capital invest in medical tech company OnPoint appeared first on PE Hub.

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Was Saving More Money Your New Year's Resolution? This Magnificent ETF Could Turn $300 Per Month Into $869,000 While Barely Lifting a Finger

The Motley Fool

Building wealth is an alien concept for many people. Investing in the stock market can be emotional, daunting, and exhausting. For these reasons, people sometimes struggle to build savings due to the intimidation the capital markets present. Luckily, choosing individual stocks that perform well over a long-term horizon is not required to accumulate savings.

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Partners Group-backed EyeCare Partners taps Throckmorton as CEO

PE Hub

He is succeeding interim CEO Ben Brier. The post Partners Group-backed EyeCare Partners taps Throckmorton as CEO appeared first on PE Hub.

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Ranked: The 5 Most Profitable Gigs to Pursue in 2024

The Motley Fool

Image source: Getty Images Want to make extra money in 2024? It might be time to start your own small business by doing some "side hustle" gigs. Sometimes moonlighting with work-from-home gigs can be the best way to boost your income. You might be surprised at how much money you can make during your nights and weekends -- while having fun and learning new skills!

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LBC Credit Partners promotes Homyar Choksi to deputy chief investment officer

PE Hub

He is based in LBC's Rador, Pennsylvania headquarters. The post LBC Credit Partners promotes Homyar Choksi to deputy chief investment officer appeared first on PE Hub.

Investing 188
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Tesla Stock Has Plunged 52%. Can It Rejoin the $1 Trillion Club in 2024?

The Motley Fool

Tesla (NASDAQ: TSLA) stock peaked at more than $400 in 2021, which valued the company north of $1 trillion. But it has since plunged 52% from that high point amid a series of economic headwinds like high inflation and rising interest rates, which have forced consumers to tighten their belts. The electric vehicle (EV) industry is also slowly maturing, and Tesla is no longer the disruptive start-up it once was; it now sells millions of cars each year, which means it can't grow as quickly as it did

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Webster prepping sale of CenExel Clinical Research, sources say

PE Hub

Clinical research is increasingly catching the interest of PE investors; PE Hub has seen a flurry of deals in recent months. The post Webster prepping sale of CenExel Clinical Research, sources say appeared first on PE Hub.

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Surprise! If You're a Medicare Enrollee, You May Have to Pay for These Expenses on Your Own.

The Motley Fool

Medicare provides health coverage to millions of seniors today. But even with that coverage, retirees commonly have to reach into their wallets to cover expenses that Medicare won't pay for. Here are a few items that fall into that category. 1. Dental care Medicare doesn't cover dental care. If you're a Medicare enrollee and need a cleaning, expect to pay out of pocket.

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Churchill completes $400m mid-market CLO

PE Hub

Churchill MMSLF CLO III was structured in connection with Churchill’s co-investment partnership with Mubadala Investment Company. The post Churchill completes $400m mid-market CLO appeared first on PE Hub.

Companies 182
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Why Intel Stock Is Plummeting Today

The Motley Fool

Intel (NASDAQ: INTC) stock is sinking in Friday's trading. The semiconductor company's share price was down 11.3% as of 10:30 a.m. ET, according to data from S&P Global Market Intelligence. Intel published its fourth-quarter report after the market closed yesterday, and it actually delivered sales and earnings for the period that came in ahead of the market's expectations.

Returns 246
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HealthEdge promotes Hudson to principal

PE Hub

Hudson joined HealthEdge in 2017 as a senior analyst. The post HealthEdge promotes Hudson to principal appeared first on PE Hub.

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What Intel and Nvidia Stock Investors Should Know About Recent Semiconductor Updates

The Motley Fool

In today's video, I discuss recent news affecting Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Jan. 25, 2024. The video was published on Jan. 25, 2024. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for in

Investors 246
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Kinderhook-backed Continental Auto Parts snaps up collision auto parts provider Pro Parts

PE Hub

Based in Newark, New Jersey, CAP is an aftermarket collision automotive parts distribution company. The post Kinderhook-backed Continental Auto Parts snaps up collision auto parts provider Pro Parts appeared first on PE Hub.

Companies 160
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3 Struggling Stocks That Can Rise Between 83% and 264%, According to Wall Street

The Motley Fool

Analysts' price targets can give investors an idea of how much potential there is for a stock to rally. They can also be a reminder of just how quickly price targets can get outdated, even though they are meant to project how a stock might perform over the next 12 to 18 months. A rapidly falling stock can appear to be a huge bargain if its price target remains unchanged.

Assets 246
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This is the Best U.S. Economy Since the 1990s

A Wealth of Common Sense

As millennials reach middle age (hand up), prepare yourself for a wave of 1990s nostalgia. Remember MTV? Remember life before smartphones and social media? Remember rap groups? Remember life before everyone was forced to care about politics? Remember Saved by the Bell? Remember going to Blockbuster on a Friday night to pick out a movie? Finance people also have an affinity for the 1990s economy.

Finance 145
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Why Plug Power Stock Surged 34% This Week

The Motley Fool

Shares of Plug Power (NASDAQ: PLUG) skyrocketed this week, surging 34.3% at its highest point in trading, according to data provided by S&P Global Market Intelligence. Investors in the hydrogen fuel cell maker aren't accustomed to such a solid rally -- Plug Power stock, after all, has been in a free fall and is still down 79% in just one year, as of this writing.

Funds 246
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Gain.pro report finds that PE-backed assets outperform family-owned

Private Equity Insights

Gain.pro studied over 15,400 businesses and 3,400 deals in Europe and found that majority PE-backed assets outperform those independently held. On average PE-backed assets grow their revenue ~3-5% faster per year with EBITDA margins being higher as well. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Download the full report here: Comparing Private Equity & Independently Held Businesses (gain.pro) Can’t stop reading?

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1 Unusual Warren Buffett Growth Stock Down 52% to Buy in 2024

The Motley Fool

In September 2020, Berkshire Hathaway made an unusual move. The famous investment conglomerate bought stock in a company at its initial public offering (IPO) -- something it hadn't done since Warren Buffett became the company's CEO in May 1965. Most likely under the advisement of one of Buffett's top investment lieutenants, Berkshire invested $735 million in Snowflake (NYSE: SNOW) at a price of $120 per share.

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We are all hypocrites on corporate governance

Financial Times: Moral Money

Sound management and controls don’t improve returns — far from it

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Where Will Visa Be in 5 Years?

The Motley Fool

Although past results don't necessarily predict future returns, we can look back to figure out how things might fare moving ahead. With this perspective, Visa (NYSE: V) could continue to outperform. In the last decade, the payments company has seen its shares rise nearly fivefold, a gain that crushes the S&P 500. Can this financial stock continue its unstoppable track record in the next few years?

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RagaAI Raises $4.7M in Funding

FinSMEs

RagaAI, San Francisco, CA-based technology company which specializes in AI testing, raised $4.7M in funding. The round was led by pi Ventures with participation from Anorak Ventures, TenOneTen Ventures, Arka Ventures, Mana Ventures, and Exfinity Venture Partners. The company intends to use the funds to to expand operations and its R&D sector. Led by Gaurav […] The post RagaAI Raises $4.7M in Funding appeared first on FinSMEs.

Funds 111
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The S&P 500 Just Hit An All-Time High. Here's 1 Artificial Intelligence (AI) Stock That Still Looks Like a Bargain

The Motley Fool

Over the last year, a big contributor to the momentum in the market has been hype around artificial intelligence (AI). The overall bullish outlook on the technology seems to have carried over into 2024. This week, the S&P 500 closed at an all-time high level of 4,868.55. Some of the biggest contributors to the market over the last 12 months are the " Magnificent Seven " stocks -- a moniker used to describe the largest technology enterprises by market cap.

Returns 246
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OnPoint Healthcare Partners Receives Growth Funding

FinSMEs

OnPoint Healthcare Partners, a Flower Mound, TX-based AI-enabled technology services provider that offers a suite of solutions to hospitals and medical groups, received a growth funding. The round was led by Peloton Equity with participation from Fort Maitland Capital. The company intends to use the funds to accelerate its product development roadmap, bolster its sales […] The post OnPoint Healthcare Partners Receives Growth Funding appeared first on FinSMEs.

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Here's the Average Spousal Social Security Retirement Benefit at Age 67

The Motley Fool

For many married retirees, Social Security is essential to their retirement budgets. Nearly 9 out of 10 retirees said Social Security is at least a minor source of household income, in an annual Gallup poll. As such, making the most of the benefits available to you is important to ensure you can get the most out of your golden years. One important aspect of Social Security available to married couples are spousal benefits.