Is investing in the stock market the same as gambling? Are we betting the odds when we purchase a piece of a company, playing a version of capitalist casino, rolling the proverbial dice?
It really all depends on your mindset about investing and your approach to making decisions. In his famous book The Intelligent Investor, the late Benjamin Graham wrote, "An investment operation is one which, upon thorough analysis promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."
But there are investing lessons to be gleaned from the decision-making strategies used in gambling, says legendary poker player Annie Duke in her new book, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts. In a recent podcast interview with Bloomberg, Duke—who retired from poker in 2012—explains how "getting used to dealing with noisy data" can serve you well in both.
Duke studied cognitive science and was pursuing a doctorate before becoming a professional poker player in 1994. Her academic background, she said in the Bloomberg interview, probably gave her an edge in poker because cognitive science studies "how people think, learn and how they are biased in how they process information." But Duke says that her potential as a card player probably developed well before college, at the family dinner table. Those discussions, Duke recalls, were "focused on getting to the truth rather than making everyone feel good about themselves," an environment that made her adept at hearing dissenting points of view. "It's incredibly good training for poker," Duke argues, and a great foundation for all types of decision-making.
Top 10 Casino Stocks To Invest In 2019: Callaway Golf Company(ELY)
Advisors' Opinion:- [By Logan Wallace]
Elysian (CURRENCY:ELY) traded up 3.6% against the dollar during the one day period ending at 15:00 PM ET on August 22nd. During the last week, Elysian has traded up 1.6% against the dollar. Elysian has a market capitalization of $666,931.00 and $276,828.00 worth of Elysian was traded on exchanges in the last day. One Elysian token can now be purchased for about $0.0083 or 0.00000129 BTC on major exchanges including Hotbit, BitForex, Qryptos and CoinExchange.
- [By Stephan Byrd]
Elysian (CURRENCY:ELY) traded down 2.1% against the dollar during the one day period ending at 17:00 PM E.T. on September 24th. Over the last seven days, Elysian has traded up 35.1% against the dollar. One Elysian token can currently be purchased for about $0.0046 or 0.00000069 BTC on cryptocurrency exchanges including Hotbit, Stocks.Exchange, YoBit and Mercatox. Elysian has a market capitalization of $368,237.00 and approximately $225,690.00 worth of Elysian was traded on exchanges in the last day.
- [By Joseph Griffin]
Granite Springs Asset Management LLC increased its position in shares of Callaway Golf (NYSE:ELY) by 7.4% during the 1st quarter, Holdings Channel reports. The fund owned 72,500 shares of the company’s stock after buying an additional 5,000 shares during the quarter. Granite Springs Asset Management LLC’s holdings in Callaway Golf were worth $1,186,000 at the end of the most recent quarter.
Top 10 Casino Stocks To Invest In 2019: Compass Minerals Intl Inc(CMP)
Advisors' Opinion:- [By Max Byerly]
Several brokerages have weighed in on CMP. Zacks Investment Research raised Compass Minerals International from a “strong sell” rating to a “hold” rating in a report on Wednesday. ValuEngine cut Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. Monness Crespi & Hardt dropped their price objective on Compass Minerals International from $76.00 to $63.00 and set a “buy” rating for the company in a report on Friday, November 2nd. BMO Capital Markets dropped their price objective on Compass Minerals International from $65.00 to $60.00 and set a “market perform” rating for the company in a report on Friday, November 2nd. Finally, Credit Suisse Group raised Compass Minerals International from an “underperform” rating to a “neutral” rating and set a $49.00 price objective for the company in a report on Tuesday, November 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $62.34.
WARNING: “Compass Minerals International, Inc. (CMP) Shares Sold by Kovack Advisors Inc.” was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/4151975/compass-minerals-international-inc-cmp-shares-sold-by-kovack-advisors-inc.html.About Compass Minerals International
- [By Motley Fool Transcription]
Compass Minerals International, Inc. (NYSE:CMP) Q4 2018 Earnings Conference Call Feb. 12, 2019, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Reuben Gregg Brewer]
Compass Minerals International, Inc. (NYSE:CMP) is often listed as a miner, but the salt and fertilizer it produces are a bit different than what most investors think of when they hear the word "miner." That makes Compass something of an odd duck and results in it being off of most investors' radar screens. A tough 2017 is another net negative. That's a shame, since it currently sports a yield of more than 4.4%, and the business outlook is improving. Here's what investors are missing out on with this high-yield stock.
- [By Dan Caplinger]
Few people look forward to winter more than investors in seasonal businesses that do a lot of business during the cold-weather months, and Compass Minerals International (NYSE:CMP) falls squarely into that category. With so much of its business coming from state and municipal governments treating roads and other surfaces with salt and anti-icing products, Compass often sees a lot of its success come during this part of the year.
Top 10 Casino Stocks To Invest In 2019: John Hancock Tax-Advantaged Global Shareholder Yield Fund(HTY)
Advisors' Opinion:- [By Shane Hupp]
John Hancock Tax-Advntgd Glbl SH Yld Fd (NYSE:HTY) declared a quarterly dividend on Thursday, August 23rd, Wall Street Journal reports. Shareholders of record on Friday, September 14th will be paid a dividend of 0.16 per share on Friday, September 28th. This represents a $0.64 annualized dividend and a yield of 7.68%. The ex-dividend date is Thursday, September 13th.
Top 10 Casino Stocks To Invest In 2019: Constellium N.V.(CSTM)
Advisors' Opinion:- [By Logan Wallace]
ValuEngine cut shares of Constellium (NYSE:CSTM) from a strong-buy rating to a buy rating in a research note issued to investors on Tuesday.
Several other analysts also recently weighed in on the stock. Morgan Stanley set a $15.00 price target on shares of Constellium and gave the stock a buy rating in a research note on Wednesday, February 28th. Societe Generale downgraded shares of Constellium from a buy rating to a hold rating in a research note on Wednesday, February 28th. Seaport Global Securities raised shares of Constellium from a neutral rating to a buy rating and boosted their price target for the stock from $14.00 to $16.00 in a research note on Friday, April 27th. Goldman Sachs Group began coverage on shares of Constellium in a research note on Tuesday, March 20th. They issued a buy rating and a $16.00 price target for the company. Finally, BMO Capital Markets boosted their price target on shares of Constellium from $13.00 to $14.00 and gave the stock a market perform rating in a research note on Friday, April 27th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Constellium currently has an average rating of Buy and a consensus price target of $16.20.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Constellium (CSTM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Motley Fool Wealth Management LLC grew its position in shares of Constellium NV (NYSE:CSTM) by 4.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 522,644 shares of the industrial products company’s stock after purchasing an additional 22,954 shares during the period. Motley Fool Wealth Management LLC owned approximately 0.50% of Constellium worth $5,383,000 as of its most recent SEC filing.
- [By Shane Hupp]
Deutsche Bank set a $15.00 price objective on Constellium (NYSE:CSTM) in a research note published on Tuesday morning. The brokerage currently has a buy rating on the industrial products company’s stock.
Top 10 Casino Stocks To Invest In 2019: Innodata Inc.(INOD)
Advisors' Opinion:- [By Logan Wallace]
Luzich Partners LLC lifted its stake in shares of Innodata Inc (NASDAQ:INOD) by 4.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,316,550 shares of the technology company’s stock after acquiring an additional 61,944 shares during the period. Innodata accounts for approximately 1.5% of Luzich Partners LLC’s portfolio, making the stock its 12th biggest position. Luzich Partners LLC owned about 5.09% of Innodata worth $1,514,000 at the end of the most recent reporting period.
- [By Stephan Byrd]
Media coverage about Innodata (NASDAQ:INOD) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Innodata earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.3485759085159 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
- [By Stephan Byrd]
Innodata (NASDAQ:INOD) will be releasing its Q1 2018 earnings data before the market opens on Tuesday, May 8th.
Innodata (NASDAQ:INOD) last announced its earnings results on Thursday, March 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $15.66 million for the quarter. Innodata had a negative return on equity of 10.94% and a negative net margin of 8.30%.
Top 10 Casino Stocks To Invest In 2019: Insmed, Inc.(INSM)
Advisors' Opinion:- [By Lisa Levin]
Insmed Incorporated (NASDAQ: INSM) shares were also up, gaining 10 percent to $25.72. Credit Suisse upgraded Insmed from Neutral to Outperform.
Equities Trading DOWN
- [By Motley Fool Transcribers]
Insmed Inc (NASDAQ:INSM)Q4 2018 Earnings Conference CallFeb. 22, 2019, 9:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Stephan Byrd]
Insmed Incorporated (NASDAQ:INSM) has been given an average rating of “Buy” by the ten research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $33.57.
Top 10 Casino Stocks To Invest In 2019: ProAssurance Corporation(PRA)
Advisors' Opinion:- [By Shane Hupp]
ProAssurance Co. (NYSE:PRA) – Equities research analysts at SunTrust Banks lowered their Q4 2018 earnings estimates for ProAssurance in a research report issued to clients and investors on Tuesday, February 5th. SunTrust Banks analyst M. Hughes now expects that the insurance provider will earn $0.17 per share for the quarter, down from their prior forecast of $0.33. SunTrust Banks has a “Hold” rating and a $45.00 price objective on the stock.
- [By Logan Wallace]
Get a free copy of the Zacks research report on ProAssurance (PRA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
ProChain (CURRENCY:PRA) traded 16.3% higher against the U.S. dollar during the 1 day period ending at 13:00 PM Eastern on September 3rd. During the last seven days, ProChain has traded 37.6% higher against the U.S. dollar. ProChain has a total market cap of $6.98 million and approximately $4.72 million worth of ProChain was traded on exchanges in the last 24 hours. One ProChain token can now be bought for about $0.14 or 0.00001940 BTC on exchanges including FCoin, Bit-Z, OKEx and Bibox.
- [By Ethan Ryder]
ProChain (CURRENCY:PRA) traded up 1.1% against the US dollar during the 1 day period ending at 12:00 PM ET on September 28th. ProChain has a total market cap of $5.06 million and $110,631.00 worth of ProChain was traded on exchanges in the last day. In the last seven days, ProChain has traded down 20% against the US dollar. One ProChain token can now be bought for approximately $0.10 or 0.00001535 BTC on popular exchanges including Bit-Z, FCoin, OKEx and Bibox.
- [By Motley Fool Transcribers]
ProAssurance Corp (NYSE:PRA)Q4 2018 Earnings Conference CallFeb. 22, 2019, 9:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
Get a free copy of the Zacks research report on ProAssurance (PRA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Casino Stocks To Invest In 2019: American Assets Trust, Inc.(AAT)
Advisors' Opinion:- [By Stephan Byrd]
Shares of American Assets Trust, Inc (NYSE:AAT) have received an average rating of “Hold” from the six ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $40.75.
- [By Shane Hupp]
Get a free copy of the Zacks research report on American Assets Trust (AAT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
SG Americas Securities LLC raised its holdings in shares of American Assets Trust, Inc (NYSE:AAT) by 82.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,526 shares of the real estate investment trust’s stock after purchasing an additional 3,397 shares during the period. SG Americas Securities LLC’s holdings in American Assets Trust were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Stephan Byrd]
Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of American Assets Trust (NYSE:AAT) by 10.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,227 shares of the real estate investment trust’s stock after buying an additional 3,890 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.09% of American Assets Trust worth $1,377,000 as of its most recent filing with the Securities and Exchange Commission.
Top 10 Casino Stocks To Invest In 2019: CompX International Inc.(CIX)
Advisors' Opinion:- [By Shane Hupp]
CI Financial (TSE:CIX) had its price objective decreased by analysts at TD Securities from C$25.00 to C$24.00 in a research note issued to investors on Friday. TD Securities’ price target would indicate a potential upside of 12.36% from the stock’s previous close.
- [By Joseph Griffin]
CI Financial (TSE:CIX) had its price objective decreased by analysts at TD Securities from C$25.00 to C$24.00 in a research note issued to investors on Friday. TD Securities’ price target would indicate a potential upside of 12.36% from the stock’s previous close.
- [By Joseph Griffin]
Shares of CI Financial Corp (TSE:CIX) have been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$25.75.
- [By Shane Hupp]
CI Financial (TSE:CIX) will issue its quarterly earnings data before the market opens on Thursday, May 10th. Analysts expect the company to announce earnings of C$0.63 per share for the quarter.
Top 10 Casino Stocks To Invest In 2019: Castle Brands, Inc.(ROX)
Advisors' Opinion:- [By Logan Wallace]
Castle Brands (NYSEAMERICAN:ROX) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 6,422,984 shares, a decrease of 5.8% from the April 30th total of 6,815,151 shares. Based on an average daily volume of 169,266 shares, the short-interest ratio is presently 37.9 days. Currently, 7.2% of the company’s stock are sold short.
No comments:
Post a Comment