Advent International’s David Mussafer cuts a low profile on Wall Street, but his firm’s ability to reshape large companies has turned the firm from an also-ran into a fast-growing giant with $81 billion in assets.
But making UnitedHealth Group Inc an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of UNH entered into oversold territory, changing hands as low as $385.53 per share.
With over $125 billion in cash and just $67 billion in debt, Microsoft has better finances than most countries, the U.S. included. Unlike the U.S., its bond interest payments cannot be held captive by political whims.
Kellogg has paid an annual dividend every year since 1957 and has increased its dividend every year for the past 16 years. Its dividend in 2020 was $2.28/share, and the current quarterly dividend, when annualized, provides a 3.6% dividend yield.
As the talking heads on TV debate the chances of the U.S. raising the debt ceiling past its current cap of $28.4 trillion, many, including Treasury Secretary Janet Yellen and JP Morgan Chase chairman and CEO Jamie Dimon, are predicting economic calamity if Congress fails to act.
Indonesia’s Ajaib, an online platform for trading stocks, became a unicorn just two and half years after it was launched. The company is said to have achieved the milestone faster than any other startup from the archipelago.
AC Energy—controlled by billionaire Jaime Zobel de Ayala and his family—and its partner BIM Group has started the commercial operations of their wind farm project in Vietnam ahead schedule as Ayala Corp., Philippines’ oldest conglomerate, accelerates investments in renewable energy.