Markets are stuck, as evidenced by Thursday’s session in which early gains were met with closing losses. There really wasn’t a rhyme or reason to it, with Tuesday’s CPI report likely the North Pole to guide the next move.
“It might be easier to list what remains constant rather than what has changed since then, but amongst other things those three Empires and those of Britain and Japan have passed into history, as have the Third Reich and the USSR.
Its top investment is Novo Nordisk NVO , the Danish maker of insulin. The fund highlighted the potential of semaglutide as a weight-loss medication. “Future earnings growth from this innovation could be considerable, and shares in the company have risen accordingly.
The fund made three new investments last year: accounting and tax software maker Intuit INTU , cosmetics giant L’Oreal OR , and Cognex CGNX , a maker of machine vision products. On Intuit, they highlighted the potential to build out its product range into areas like payroll and HR. They highlighted L’Oreal’s long record of innovation and steady ownership of the Bettencourt family, and the potential for Cognex’s software to check labels and find faults in all manner of products.
For more market updates plus actionable trade ideas for stocks, options and crypto, subscribe to MarketDiem by Investor’s Business Daily. PayPal PYPL announced that CEO Dan Schulman would retire at the end of the year as the payments company forecast earnings above Wall Street expectations.