Popular(BPOP)

Search documents
Why Home Depot Stock Is a Popular Holding Among These Top Dividend ETFs
The Motley Fool· 2024-12-18 09:45
Exchange-traded funds (ETFs) tend to hold a lot of stocks, often 100 or more. That makes them very diversified investments, which helps reduce risk. Despite their vast holdings, Home Depot (HD -0.55%) is a very popular stock among several of the top dividend ETFs. It's in the top ten holdings of Vanguard Dividend Appreciation ETF (VIG -0.62%), Vanguard High Dividend Yield ETF (VYM -0.74%), and Schwab U.S. Dividend Equity ETF (SCHD -0.21%). Here's a look at why Home Depot is so popular among these top ETFs.A ...
5 Most Popular ETFs of Last Week
ZACKS· 2024-12-17 17:01
ETFs across various categories pulled in $35 billion in capital last week, pushing year-to-date inflows to $1.05 trillion. U.S. equity ETFs led the way with $25 billion in inflows, followed by inflows of $6 billion in U.S. fixed-income ETFs.SPDR S&P 500 ETF Trust (SPY) , Vanguard Growth ETF (VUG) , Vanguard S&P 500 ETF (VOO) , Vanguard Total Stock Market ETF (VTI) and BlackRock iShares Bitcoin Trust (IBIT) dominated the top creation list last week.Wall Street posted mixed performances last week, with the S& ...
Core & Main's Good Q3 News Popular With Investors
Seeking Alpha· 2024-12-05 12:30
Group 1 - Robert F. Abbott has been managing family investments since 1995 and incorporated options trading in 2010, focusing on covered calls and collars with long stocks [1] - Abbott is a freelance writer with a project aimed at providing information for new and intermediate-level mutual fund investors [1] - He holds a Bachelor of Arts and a Master of Business Administration (MBA) degree [1]
FLUENT Expands Popular MOODS Vaporizer Line with Premium Offerings in New York and Florida
GlobeNewswire News Room· 2024-12-02 14:01
TAMPA, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, is thrilled to announce the expansion of its popular MOODS vaporizer line, bringing two new premium extensions to consumers in New York and Florida. Available now, adults across the Empire State can purchase MOODS Black at all Etain Health locations, while MOODS Winter is available exclusively to ...
Billionaire Michael Saylor's Company Just Bought This Popular Cryptocurrency
The Motley Fool· 2024-11-19 14:10
Core Viewpoint - MicroStrategy remains heavily invested in Bitcoin, with its Executive Chairman Michael Saylor maintaining a bullish outlook despite Bitcoin's price surge this year [1][3]. Company Holdings and Financials - MicroStrategy's Bitcoin holdings have reached 279,420 Bitcoins, with a total purchase price of $11.9 billion and a current market value of $24.5 billion as of November 10, 2024 [2]. - The Bitcoin portfolio constitutes approximately one-third of MicroStrategy's enterprise value of $73.3 billion and about 1.4% of Bitcoin's total market cap of $1.8 trillion [3]. - The company purchased an additional 27,200 Bitcoins for $2.03 billion at an average price of $74,463 between October 31 and November 10 [3]. Future Price Predictions - Saylor predicts Bitcoin's price could reach $100,000 by the end of 2024 and potentially climb to $13 million over the next 21 years, representing a near 15,000% increase from current levels [3]. - He anticipates Bitcoin's market share will grow from 0.1% to 7% of the world's capital as more financial institutions adopt Bitcoin-related services [3]. Company Strategy and Transformation - MicroStrategy has shifted from being a slow-growth software provider to a Bitcoin-focused company since 2020, as its annual revenue declined from $576 million in 2013 to $496 million in 2023 [5]. - To stabilize its software business, MicroStrategy is transitioning to subscription-based cloud services and has launched a generative AI platform [6]. Financial Challenges - Analysts project MicroStrategy's software revenue will grow at a compound annual rate of only 1% from 2023 to 2026, with the company remaining unprofitable on a GAAP basis [7]. - The company is facing significant financial strain due to impairment costs from Bitcoin purchases, leading to a quadrupling of total liabilities since the end of 2020 and a doubling of outstanding shares [8]. Funding and Debt - MicroStrategy plans to raise $42 billion over the next three years to fund further Bitcoin purchases, with $21 billion from secondary stock offerings and $21 billion from selling fixed-income securities [8]. - The company's aggressive Bitcoin strategy poses risks, as a decline in Bitcoin's price could severely impact its balance sheet [10].
Popular Rewards Shareholder with 12.9% Hike in Quarterly Dividend
ZACKS· 2024-11-18 17:41
Popular, Inc.’s (BPOP) board of directors approved a sequential hike in its quarterly cash dividend. The company declared a quarterly cash dividend of 70 cents per share, reflecting a rise of 12.9% from the prior payout. The dividend will be paid out on Jan. 2, 2025, to shareholders of record as of Dec. 6, 2024.Prior to this, Popular hiked its dividend by 12.7% to 62 cents per share in November 2023. We believe that such disbursements highlight its operational strength and commitment to enhancing shareholde ...
Is This Popular Artificial Intelligence (AI) Stock Overvalued?
The Motley Fool· 2024-11-15 12:30
ARM Holdings has numerous growth opportunities but is it enough for its hefty valuation?In today's video, I discuss ARM Holdings (ARM 0.93%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.*Stock prices used were the market prices of November 14, 2024. The video was published on November 15, 2024. ...
Billionaires Warren Buffett, Israel Englander, and Steven Cohen Are Piling Into Wall Street's Most-Popular Reverse Stock Split of 2024
The Motley Fool· 2024-11-13 09:51
This unique stock split boasts a laundry list of competitive advantages, a robust capital-return program, and a historically cheap valuation.Over the past two years, there hasn't been a hotter investment trend than the rise of artificial intelligence (AI). But in 2024, stock-split euphoria has played a very close second fiddle.A stock split is a tool publicly traded companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor. Spl ...
Popular(BPOP) - 2024 Q3 - Quarterly Report
2024-11-12 19:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q [X] Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or [ ] Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-34084 POPULAR, INC. (Exact name of registrant as specified in its charter) Puerto Rico 66-0667416 (State or other jurisdiction of Incorporation or (IRS Employer Ide ...
Does Bill Ackman Know Something Wall Street Doesn't? The Billionaire Sells 2.2 Million Shares of a Popular Artificial Intelligence (AI) Stock
The Motley Fool· 2024-10-30 09:00
Bill Ackman sold Alphabet shares in the second quarter despite most analysts being bullish on the stock. Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund that returned 22% annually over the last five years. By comparison, the S&P 500 (^GSPC 0.16%) returned 16% annually during the same period. That outperformance makes Ackman a good case study for aspiring investors. In the second quarter, Ackman sold 2.2 million shares of Alphabet (GOOGL 1.77%) (GOOG 1.66%), reducing hi ...