U.S. Steel. First, Ahlsten asks, “How sturdy is the top line?” This is more a matter of judgment than numbers. “We are not a quant house,” he says. He wants to see predictable revenues. Linde, which sells industrial gases, gets them via contracts that have factories paying for a hook-up whether they use the gas or not. It also has steady income from bottled gases sold to restaurants and hospitals. He has owned that stock for a decade.
His father was a pilot at TWA who experienced the tender mercies of corporate raider Carl Icahn . “I got to see the human toll of layoffs,” Ahlsten says. It is quite possible to do well by investing virtuously. Dodson, who stepped down from the chief executive slot last year at 74, and Ahlsten, 46, are the largest shareholders in Parnassus Investments. To judge from the value the stock market assigns to T. Rowe Price, Parnassus is maybe worth half a billion dollars.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Sleep Well At Night Formula: Finding Socially Responsible Stocks That Hold Up In Down MarketsTodd Ahlsten has a recipe for finding investments that hold up well in down markets. One of the ingredients is corporate virtue. Mary poppins lookin ass is not touching mu portfolio.
Source: Forbes - 🏆 394. / 53 Read more »
The Sleep Well At Night Formula: Finding Socially Responsible Stocks That Hold Up In Down MarketsTodd Ahlsten has a recipe for finding investments that hold up well in down markets, and one of the ingredients is corporate virtue He also has a great recipe for a blueberry crumble, and one of the ingredients is light-brown sugar
Source: Forbes - 🏆 394. / 53 Read more »
The Sleep Well At Night Formula: Finding Socially Responsible Stocks That Hold Up In Down MarketsTodd Ahlsten has a recipe for finding investments that hold up well in down markets, and one of the ingredients is corporate virtue He also has a great recipe for a blueberry crumble, and one of the ingredients is light-brown sugar
Source: Forbes - 🏆 394. / 53 Read more »
The Sleep Well At Night Formula: Finding Socially Responsible Stocks That Hold Up In Down MarketsTodd Ahlsten has a recipe for finding investments that hold up well in down markets. One of the ingredients is corporate virtue. Mary poppins lookin ass is not touching mu portfolio.
Source: Forbes - 🏆 394. / 53 Read more »
Bad economic news is bad for the stock market again with the Fed already on holdBad news for the economy is no longer good news for the stock market. The DOW has flatlined. Yea yea keep dooming and glooming you hacks. Just getting worse... Wait until much less back on tax returns hits the economy along with all that record debt
Source: CNBC - 🏆 12. / 72 Read more »
Trump says ‘stock market would be down 10,000 points by now’ had ‘the opposition’ done thisPresident Donald Trump on Tuesday implied that the stock market would effectively have crashed had he lost the 2016 race for the White House. Irrelevant - the DOW is going to be down by 10000 points shortly anyway The market has historically performed better under Democrat Presidents. Also, Trump isn't an actual businessman, he's a criminal. But the same Fed Policy would have impacted the markets the same regardless of who was in office. The big bump is the Corp Tax cut which, now, most analysts say was a sugar high that will wear off and the real state of businesses will be seen.
Source: MarketWatch - 🏆 3. / 97 Read more »