Previous close | 1,203.27 |
Open | 0.00 |
Bid | 1,225.43 x N/A |
Ask | 0.00 x N/A |
Day's range | 1,203.27 - 1,203.27 |
52-week range | 843.39 - 2,436.30 |
Volume | |
Avg. volume | 0 |
Market cap | 188.972B |
Beta (5Y monthly) | 1.16 |
PE ratio (TTM) | 59.54 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 65.49 (5.44%) |
Ex-dividend date | 27 Mar 2024 |
1y target est | N/A |
Real Estate Investment Trusts or REITs have been hit by issues such as high interest rates, lackluster return to office, and overall concerns about an economic slowdown. Infrastructure Capital Advisors CEO Jay Hatfield gives his take on the space in the latest Good Buy or Goodbye. Hatfield is buying Boston Properties (BXP) because he believes the stock will rally as interest rates fall and that it has an attractive valuation. He also likes the stock because, even though they do have office properties, Hatfield says they tend to cater to sectors that favor work from the office. A stock Hatfield is avoiding is Prologis (PLD), which owns warehouses. Hatfield says that, unlike office space, warehouse space is "easy to replicate," which means there is a lot of new space coming online. Hatfield also says the stock has a "premium valuation" and that he expects the stock to lag. However, Hatfield says that if interest rates remain high or if there is a recession in the US, you would want to own Prologis because "it's more defensive." Click here to watch more Good Buy or Goodbye or you can watch this full episode of Yahoo Finance Live here.
British chip designer Arm in talks to bring Nvidia as an anchor investor ahead of the company's IPO, according to a report from the Financial Times. Yahoo Finance Tech Editor Dan Howley breaks down why Nvidia is interested in Arm and what the potential investment could mean for both companies. Howley also discusses a federal judge rejecting the FTC's request for an injunction in the Microsoft-Activision Blizzard acquisition.
Nvidia is reportedly in talks to invest in chipmaker Arm as part of a group of initial anchor investors, according to an article by Financial Times. Regulators previously barred Nvidia from acquiring Arm.