Are they right? The answer is both yes and no. Plenty of "expensive" stocks have been great investments over the years: Facebook or Amazon are recent examples. Others, known as "value traps," are cheap because they're bad companies on the decline. Even with the best metrics, the stock market remains unpredictable.
Ultimately, price ratios are still just one piece of a comprehensive process for judging companies. Still, focusing on affordable stocks is a tried and true method that has the endorsement of successful investors like Warren Buffett.
While you're here, how about this:
JetBlue rolls out new fare strategy to compete for both budget and business travel | Reuters
(Reuters) - JetBlue Airways plans to strategically cut its basic economy fares to better compete with ultra low-cost carriers in key markets while boosting the benefits of standard and premium tickets by guaranteeing overhead bin space and eliminating change fees.
The move, announced on Tuesday, is the latest example of airlines' efforts to expand ticket options and flexibility in an industry upended by the coronavirus pandemic.
Ultra low-cost carriers grew nearly 90% in JetBlue's markets in the three years before the pandemic and have continued to fly a significant amount of capacity over the past year.
Budget move on one-person companies won't help most startups — Quartz India
On Feb. 1, Indian finance minister Nirmala Sitharaman proposed the scrapping of capital and turnover limits on one-person companies or OPCs. As part of her budget speech for 2021-22 (April-March), Sitharaman also said that the residency limit for Indians to set up OPCs in the country will be reduced from 180 days to 120 days. In addition, the government will allow non-resident Indians to set up OPCs in India, which was so far prohibited.
These changes will help budding firms "grow without restriction on paid-up capital and turnover, allowing conversion into any other type of company at any time," Sitharaman added. "This will be a big boost to startups."
ANALYSIS | Here's how your taxes could change after next week's Budget 2021
South Africa’s economy has been plagued by stagnant economic growth, growing unemployment rates and mounting debt in recent years, and this has been exacerbated by Covid-19, which increased government expenditure.
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As such, Mboweni is expected to prioritise economic growth and commercial stimulation, by exercising restraint regarding taxation increases.
Here is how taxes on petrol, rich individuals, and companies, may or may not change in Budget 2021.
While you're here, how about this:
Budget cuts, safety protocols helping DSM airport prepare for long recovery - Business Record
Readers Write: Voter ID, Walz's budget, 'pork,' wolves in the north metro - StarTribune.com
I will never understand how Sturdevant and her Democratic allies think. To them, it is horrible to ask for an ID to vote, but I cannot get a fishing license without my ID and my Social Security number. This makes so much sense.
Sturdevant hit the nail squarely on the head. Every word was a Valentine's Day gift to all of us.
First, Minnesotans already voted down this idea eight years ago, and the current author, Scott Newman, cannot prove that the need for it has grown. It is a solution in search of a problem (that doesn't exist). Worse, it's racist. And finally, it is just the latest in a long line of Republican admissions that they cannot win elections without cheating.
Stocks mixed, Biden wants cybersecurity agency budget higher | Associated Press | wfmz.com
NEW YORK (AP) — Stocks ended a wobbly day on Wall Street with mixed results. The S&P closed slightly lower to mark its first losing week in the last three. Declines for several Big Tech stocks including Facebook and Amazon helped pull the index down 0.2% to 3,906.71, even as other indexes rose. Small-company stocks did far better than the rest of the market, as they have since the beginning of the year. Those companies would benefit the most from a pickup in the economy.
WASHINGTON (AP) — The Biden administration has proposed adding more than 30% to the budget of the Cybersecurity and Infrastructure Agency to help bolster the nation's cyber defenses following a sweeping hack that may have exposed government and corporate secrets to Russia. The breach involved hijacked software from Texas-based SolarWinds Inc. That's prompted the Biden administration and members of Congress to call for changes at the agency and more money.
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Happening on Twitter
We asked incarcerated people what might have prevented them from committing the crimes that landed them behind bars… https://t.co/Jox1tXPOsg MarshallProj (from New York, NY) Sat Feb 20 22:17:02 +0000 2021
Q - Is CPSE going to provide payment relief to customers? A: We understand that it would be unacceptable to have c… https://t.co/jgpEzixAus cpsenergy (from San Antonio, TX) Fri Feb 19 16:00:19 +0000 2021
Kansas has denied over $4.5 billion in federal funds by refusing to expand Medicaid. Under this proposal, our state… https://t.co/S5CUbg2vW8 GovLauraKelly (from Topeka, KS) Fri Feb 19 17:45:19 +0000 2021
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