The idea with the trade is that if Netflix stock trades up to around 295, the diagonal spread will increase in value. Read More...
Motley Fool
3 Warren Buffett Stocks That Are Screaming Buys in November
CEO Warren Buffett has attributed much of Berkshire Hathaway’s (NYSE: BRK.A)(NYSE: BRK.B) incredible success through the years to an investment approach that revolves around being fearful when others are greedy — and greedy when others are fearful. Berkshire’s recent third-quarter results show that the investment conglomerate was a net purchaser of stocks in the period, suggesting that the Oracle of Omaha sees opportunity in the market despite current risk factors and volatility. Macroeconomic pressures, rising costs, and slowing e-commerce growth had already been pressuring Amazon (NASDAQ: AMZN) stock this year, and the company’s third-quarter results highlighted additional risk factors that dampened investor confidence.