Activist investor Elliott is back at NRG Energy. Here’s how the firm plans to build value

Company: NRG Energy (NRG) Business: NRG Energy is an integrated power company involved in producing and selling electricity and related products and services to residential, commercial, industrial and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear and battery storage. Stock Market Value: $7.6B ($33.30 per share) Activist: Elliott Management related investing …

TipRanks reveals the top Wall Street analysts in consumer goods

A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Over the past decade, rising household incomes have helped boost the consumer goods sector, providing a great investment opportunity for those who know where to look. TipRanks recognized Wall Street’s 10 best analysts in the consumer goods …

Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholders

Sopa Images | Lightrocket | Getty Images Company: Shake Shack (SHAK) Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, wine and other products. The company was originally founded in 2001 by Danny Meyer’s Union Square Hospitality Group. The company has owned …

Paramount shares pop after BDT Capital bets on the media giant’s key shareholder

The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Paramount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the media company’s controlling shareholder. National Amusements, Paramount’s majority voting …

TipRanks names the top 10 health care analysts of the past decade

A customer used an automated teller machine (ATM) at a Truist Bank branch in Dallas, Texas, US, on Friday, April 14, 2023. Shelby Tauber | Bloomberg | Getty Images The health care sector experienced rapid change over the past decade with the rise of digital services, bringing a range of opportunities to invest.  TipRanks recognized …

TipRanks names the top 10 financial sector analysts of past decade

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022. Brendan McDermid | Reuters The financial sector witnessed a rapid transformation over the past decade, with technology reshaping the processes of lending, wealth management and payments. The transformation also brought opportunities to invest. …

ESG concerns are growing as AI becomes more popular. What investors need to know

Userba011d64_201 | Istock | Getty Images Wall Street has eagerly rallied around companies making notable strides in artificial intelligence. However, several investors warn that the increasingly widespread deployment of AI has opened a “Pandora’s box” of environmental, social and corporate governance, or ESG, concerns. Generative AI models — ChatGPT being the most prominent example — …

Impactive takes a stake in Clarivate and sets the tone for activism in the post-SPAC world

Eclipse_images | E+ | Getty Images Company: Clarivate (CLVT) Business: Clarivate is a global information, analytics and workflow solutions company. It operates through three segments: (i) Academia and Government, which is about 49% of revenue and comprised of information and software services used to conduct, evaluate, and disseminate research; (ii) Intellectual Property, which is roughly …

Warren Buffett says Berkshire Hathaway won’t take full control of Occidental Petroleum

Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%. “There’s speculation about us buying control, we’re not going to buy control,” the ‘Oracle of …

Top 10 tech stock analysts of the past decade, according to TipRanks

2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. Kai Pfaffenbach | Reuters Technology stocks outperformed the broader markets over the past decade. Thanks to the bull run, the tech-heavy Nasdaq 100 Index (NDX) gained over 356% in value compared with a 160% rise in the S&P 500 Index …