There are literally thousands of publicly traded companies you can invest in, not to mention the many ETFs and mutual funds you can buy, so it's not surprising many investors don't know where to begin. While I don't have a crystal ball that tells me what stocks will deliver the best returns, I've tried to do the next best thing here. In this article, I'll discuss 10 stocks that I think could be great buys in 2022 for long-term investors looking to put money to work. Before we get to the stocks you're here for, let's acknowledge three caveats: Choosing the best stocks to buy today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks . It walks you through topics such as establishing an emergency fund, allocating assets, and when it makes sense to buy stocks. I like these stocks for long-term investments. I have absolutely no idea what they'll do over the next few weeks or months. While I ensured … [Read more...] about The Top 10 Stocks to Buy in 2022
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Bishop slams PH’s worst case of vote-buying in Surigao del Sur
FILE PHOTO: Bishop Raul B. Dael of the Diocese of Tandag (Surigao del Sur) gives a homily during a Holy Mass for the Earth Day celebration on April 22, 2021. ERWIN M. MASCARIÑAS SAN FRANCISCO, AGUSAN DEL SUR — Tandag City Bishop Raul Dael has condemned what he called the worst and one of the most massive vote-buying in the province of Surigao del Sur during the May 9 elections. According to the bishop, the amount distributed to each voter reached almost P12,000 in Tandag City alone. “Amidst our hardships, this could be the biggest amount of vote-buying in the country,” Dael said in his pastoral letter on Sunday morning (May 15), a copy of which was posted on the Roman Catholic Diocese of Tandag Facebook page. Photos that circulated in private messages in Facebook chat groups showed different money denominations stapled separately for each name of a candidate in Tandag City, implying the price paid for each candidate. The denominations were contained in just one envelope … [Read more...] about Bishop slams PH’s worst case of vote-buying in Surigao del Sur
Russia–Ukraine Tensions Soar as Shelling, War Talk Increase; Investors Flee Stocks
U.S. equity markets are falling as tensions ratchet higher between Russia and Ukraine, with U.S. officials saying they expect a Russian attack on its neighbor shortly. Major indexes are heading for weekly declines and the Nasdaq is adding to its nearly 14% drop so far this year. Key Takeaways U.S. equity markets are falling as investors watch developments in the ongoing tensions between Russia and Ukraine. Major indexes are heading for weekly declines and the Nasdaq is adding to its nearly 14% drop so far this year. Roku shares are plunging while FAAMG stocks, Tesla, and Intel all slide. Shares of all the FAAMG tech companies are lower. Tesla Inc. ( TSLA ) shares are declining 3%. Shares of semiconductor companies are dropping after Intel Corp. ( INTC ) warned of lower profit margins this year. Roku Inc. ( ROKU ) shares are plunging on its earnings report (more below). Shares of big industrial firms including Boeing Co. ( BA ), Honeywell International … [Read more...] about Russia–Ukraine Tensions Soar as Shelling, War Talk Increase; Investors Flee Stocks
Moody’s Cuts Russia’s Credit, Wheat Prices Soar, Powell Allays Investors’ Fears
Moody's cut Russia's credit six notches as it expects "sustained disruption to the economy" as a result of global sanctions against the country after it invaded Ukraine. Russia's stock market remained closed. U.S. stocks are higher after yesterday's surge that came in the wake of Federal Reserve Chair Jerome Powell ’s congressional testimony signaling a Fed rate increase would be lower than what investors feared. Key Takeaways Top credit agency Moody's decreased Russia's credit by six notches. U.S. stocks are rising, following yesterday's surge that came after Fed statements that allayed fears of a big interest rate hike. Best Buy Co. Inc. and Kroger Co. shares rose after reporting better-than-expected earnings. Powell is set to testify before Senate lawmakers this morning after telling House lawmakers yesterday he would propose just a quarter-percentage-point rate hike at the central bank’s March meeting. All major U.S. stock indexes posted solid gains … [Read more...] about Moody’s Cuts Russia’s Credit, Wheat Prices Soar, Powell Allays Investors’ Fears
How Shanghai residents are using Excel, job skills to navigate lockdown
The huge majority of Shanghai residents who have dodged COVID have not escaped the ordeal of lockdown. China's worst COVID-19 outbreak has frayed nerves and stirred resentment among many residents of Shanghai but some have thrived in the face of adversity, stepping up with bright ideas and commitment to help their communities through the crisis. Not surprisingly, many such people have used the skills they developed in their jobs to help others navigate the frightening new world of forced quarantine and lockdowns that no one dreamed of before COVID. Li Di, a senior executive with a global bank, knew he had to help when he was admitted to the Nanhui quarantine site in April, after testing positive for COVID, and was confronted by chaos. "There were only 120 to 150 staff to take care of 10,000 patients. The staff literally had their hands full," said Li. Li set up a team of more than a dozen volunteers to arrange meals, distribute various supplies and help elderly patients … [Read more...] about How Shanghai residents are using Excel, job skills to navigate lockdown
Walmart Q1 FY2023 Earnings Report Preview
Key Takeaways Analysts estimate adjusted EPS of $1.48 vs. $1.69 in Q1 FY 2022. U.S. comparable sales (excluding fuel sales) are expected to rise YOY, but at less than half the pace of the same quarter a year ago. Revenue is expected to barely increase for the second straight quarter as the boost from the pandemic continues to wear off. Walmart Inc. ( WMT ), one of the world's biggest retailers, enjoyed unusually strong earnings and revenue growth during the past two years. The key driver was consumers who changed their buying patterns in several ways during the pandemic. Walmart's e-commerce sales soared as people sheltering at home boosted their shopping online. And consumers also spent more on manufactured goods as they spent less on dining out and traveling. But these pandemic-related forces are beginning to lose momentum. As a result, Walmart's growth has begun to slow sharply. Investors will be watching whether Walmart can reverse its slowdown in growth when … [Read more...] about Walmart Q1 FY2023 Earnings Report Preview
As Musk tweets, advisers plug away to keep Twitter deal on track
- A + A NEW YORK (May 18): In public, Elon Musk’s erratic tweets have sent Twitter Inc’s shares flailing, as traders bet that the billionaire is preparing to walk away from or re-negotiate his US$44 billion takeover of the social-media company. Behind the scenes, it’s more like business as usual, as advisers on both sides plug away at the day-to-day work of closing a megadeal. One potential sign that the deal is still on track: the 139-page filing that hit early Tuesday, detailing how the offer came together and Twitter’s rationale for accepting it. That document was the result of weeks of coordinated work by both Musk and Twitter’s teams, according to people familiar with the matter. Musk himself signed off on the final version — complete with a deal price of US$54.20 a share — before it was filed, the people said. The situation is similar at the banks that promised to finance the transaction, said the people, who asked not to be identified because the details are … [Read more...] about As Musk tweets, advisers plug away to keep Twitter deal on track
UKSB director admits giving cash to Ahmad Zahid every month for 4 years
Datuk Seri Dr Ahmad Zahid Hamidi (Photo by Zahid Izzani/The Edge filepix) - A + A SHAH ALAM (May 18): A former director of Ultra Kirana Sdn Bhd (UKSB) on Wednesday (May 18) told the High Court here that his company was paying cash in Singapore dollars (SGD) on a monthly basis to former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi from 2014 to 2018, in relation to the Foreign Visa System (VLN) contract. Harry Lee Vui Khun said the payment to Ahmad Zahid which started with SGD200,000 per month and began in late 2014 was increased to SGD520,000 per month some time in 2017. “If I can recall correctly, the payment of SGD200,000 per month began in late 2014 and continued until mid-2015. Around that time, we went to his (Ahmad Zahid) house in Country Heights, Kajang and in that meeting Datuk Seri Zahid (Ahmad Zahid) requested that the monthly contribution be increased. After discussing with Wan Quoris and David Tan, we agreed to a sum of SGD300,000 per month. … [Read more...] about UKSB director admits giving cash to Ahmad Zahid every month for 4 years
Live updates | Official: US in talks with Sweden, Finland
By The Associated Press WASHINGTON — A senior defense official says U.S. Pentagon officials are having discussions with Sweden and Finland on their security needs to deter Russia as both move toward NATO membership. The official said Defense Secretary Lloyd Austin met with Swedish Defense Minister Peter Hultqvist on Wednesday and spoke about the interim period between when the NATO application is formally made and when it is approved. There have been concerns about threats from Russia during that period, in which Sweden and Finland would not formally be covered by NATO’s Article 5 which says that an attack against one member is an attack against all and calls for collective defense. The defense official spoke on condition of anonymity to discuss private Pentagon discussions. – AP writer Lolita Baldor in Washington contributed to this report. __ KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR: — Interrogation, uncertainty for surrendering Mariupol troops — NATO … [Read more...] about Live updates | Official: US in talks with Sweden, Finland