Author: Press Room

Watch full video on YouTube

Investment Thesis: I rate Winnebago Industries as a Hold at this time. Winnebago Industries, Inc. (NYSE:WGO) is an American motorhomes’ manufacturer – known for its array of premium RVs and boats. Over the past year, the stock has seen a decline of just over 8%: TradingView.com The purpose of this article is to assess whether the stock has the capacity for upside from here, taking recent performance into consideration. Performance When looking at the company’s most recent earnings results (as released on June 20, 2024), we can see that net revenues saw a decline of 12% from that of the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Kenya’s President William Ruto said his country had “experienced an unprecedented attack on its democracy” after demonstrators stormed parliament on Tuesday in mass protests against planned tax rises.Police fired tear gas at protesters outside the building and used live ammunition, leaving at least five people dead and more than 30 injured, according to human rights groups. The army was deployed later in the day after parts of the parliament building in Nairobi were set on fire and lawmakers fled. “An otherwise legitimate…

Do you have a friend who you could call in the middle of the night? Or even help you move a couch? In my book Breadcrumb Legacy: How Great Leaders Live a Life Worth Remembering (Routledge), I challenge readers to think about who they could call to help them move a couch when thinking about adult friendships. Since most of our friendships often emerge from work, we can lack a social network when we leave the workplace. It started a few years ago, when all three of my adult sons were in college, my husband asked me to help him…

Mortgage payments are up from a year ago but haven’t quite crossed the threshold many mortgage experts recommend that homeowners stick to. It’s often recommended homeowners don’t spend more than 30% of their income on housing costs. Currently, the average monthly mortgage payment for single-family homes typically requires 24.2% of a buyer’s income, in the three months through March, Realtor.com reported. This is down slightly from last quarter, but up more than 23% from last year.The average monthly payment that Americans face on a mortgage with a 20% down payment was $2,037, the National Association of Realtors said in its…

Parents are increasingly saving money for college, but a recent survey said that less than half feel ready to pay for the first tuition bill by the time their child leaves high school, a recent survey said.  Three out of four parents who saved for college had, on average, $45,000 saved, according to the College Ave survey. Of the 75% already building savings, 28% plan to cover their child’s total education costs, but a little less than half (49%) of all parents had a plan to cover the total cost of college before their child enrolled in college. In its most…

Watch full video on YouTube

Watch full video on YouTube

Investors who want a one-stock solution for participating in the long-term upside of automation could definitely do worse than to consider IMI plc (IMIAY) (OTCPK:IMIAF). Not only is this company a significant player in motion and control across a range of end markets, but the business is also active in areas like climate control and precision fluidics for life sciences and healthcare. All of that gives investors broad exposure to a wide range of end markets, not to mention longer-term growth drivers like factory automation, green energy, and life sciences. IMI shares are up more than 25% since my last…

The Nasdaq Composite notched its biggest one-day drop in almost two months, as Nvidia led a sell-off among several Big Tech names and countered gains for the broader US stock market.The tech-heavy index closed 1.1 per cent lower on Monday, its biggest one-day drop since April 30. Shares in Nvidia dropped 6.7 per cent, continuing a recent slide, for their biggest daily fall since mid-April.Owing to its heavy weighting, Nvidia’s share price moves have a large influence over the direction of stock market indices. Amazon and Microsoft, as well as chip groups Broadcom and AMD, closed lower.The S&P 500 closed…