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Bill Ackman Backs Former Hedge Funder Whitney Tilson For NYC Mayor: 'Can Help Save Us' (UPDATED)
Wednesday, January 15, 2025 - 4:13pm | 750Editor’s note: This story has been updated to reflect that Bill Ackman’s social media post in support of Whitney Tilson’s candidacy for New York City mayor did not make a formal endorsement. Former hedge fund manager Whitney Tilson is running for mayor of New York City and he...
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Edwin Dorsey, Whitney Tilson Defend Andrew Left: 'Positive Force For Markets And The Pioneer Of The Activist Short Movement'
Tuesday, July 30, 2024 - 11:38am | 958Short seller Andrew Left is best known for being one of the prominent voices against video game retailer GameStop Corporation (NYSE:GME) during its short squeeze in 2021. The short seller now faces charges from the SEC in a case that could forever change how short reports are published. What...
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Weight-Loss Drug Wegovy Adds Mass To Novo Nordisk's stock, Pushing Valuation Past Denmark's GDP
Saturday, August 12, 2023 - 3:31pm | 416Shares of weight-loss drug manufacturers came to the party last week on the back of positive news flow from these companies. What Happened: Danish drug giant Novo Nordisk A/S (NYSE:NVO) said its first-half sales and net profit jumped 29% and 43% year-over-year, thanks to a 367% jump in the sales of...
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Ex-Fund Manager Regrets Missing The Boat On A Stock Which Rallied 16% This Week: 'I Should Have Followed My Instincts'
Friday, August 11, 2023 - 5:04am | 397Eli Lilly & Co. (NYSE:LLY) shares were on a tear this week, thanks to the company's strong quarterly results and positive clinical readout from Novo Nordisk A/S (NYSE:NVO), which has a rival offering. Former hedge fund manager Whitney Tilson in his firm’s Empire Financial Research...
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Time To Offload This Red-Hot FAANG Stock? Ex-Hedge Fund Manager Says Don't Pull Sell Trigger Despite 220% Surge Since November
Thursday, June 22, 2023 - 5:43am | 407Meta Platforms, Inc. (NASDAQ:META) stock has been a high-flier this year and is the second-best performing S&P 500 stock so far in 2023. Former hedge fund manager Whitney Tilson, who has been bullish on Meta, revisited the stock following the run-up. Calling Meta his favorite tech stock ever,...
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Berkshire After Buffett: Former Hedge Fund Manager On Why It Can Channel Apple's Post-Jobs Growth
Thursday, May 18, 2023 - 3:03am | 549Earlier this month, Warren Buffett and Charlie Munger hosted Berkshire Hathaway‘s (NYSE:BRK) (NYSE:BRK) annual shareholder meeting in Omaha, Nebraska. The nonagenarian investment legends showcased their sharp wit and investment prowess, leaving ardent fans and...
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Whitney Tilson Touts A Stock 'Pretty Close' To Berkshire: 'Will Continue To Be A Long-Term Winner'
Saturday, April 29, 2023 - 2:38pm | 404In a blog post on Thursday, former hedge fund manager Whitney Tilson, who runs investment advisory firm Empire Financial, recently highlighted a stock that has nearly all the traits of a "buy and hold." The investor was referring to Amazon, Inc. (NASDAQ:AMZN), which reported its quarterly results...
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Bed Bath & Beyond Stock Certain To Go To Zero, Says Whitney Tilson: 'There Will Be No Miracle Like Hertz'
Tuesday, April 25, 2023 - 2:32am | 435Home furnishings retailer Bed Bath & Beyond Inc. (NASDAQ:BBBY) plummeted on Monday after it confirmed that it has filed for Chapter 11 bankruptcy protection. Former hedge fund manager Whitney Tilson weighed in on the development. What Happened: Tilson, the founder and CEO of investment advisory...
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Trump SPAC Cut From Legendary Hedge Funder's 'Dirty Dozen': 'Wary Of Picking Up Pennies In Front Of A Steamroller'
Friday, April 14, 2023 - 3:50pm | 1083A SPAC merger to bring Donald Trump’s media company and social media platform public has faced delays and setbacks, and its approval remains tentative. A prominent hedge fund manager who has been critical of the merger and company since the deal was announced is removing the stock from his...
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Warren Buffett Was Said To Overpay For BNSF Railway, Here's Why He's Having The Last Laugh
Friday, April 14, 2023 - 10:24am | 829Legendary investor Warren Buffett is a fan of railroads, especially one of the leading railroad companies in North America, which is owned by Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B). Buffett received some criticism and concerns about overpayment for the railway, but the legendary...
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Meta's 136% Rally From November Lows Gets A Like From Former Hedge Fund Manager: 'Kind Of Turnarounds I Look For...'
Friday, March 31, 2023 - 6:31am | 465Meta Platforms, Inc. (NASDAQ: META) has been the second-best performing mega-cap stock this year after Nvidia Corp, (NASDAQ: NVDA). The stock has gained about 136% since it hit $88.09 on Nov. 4, 2022. A former hedge fund manager delved deep into what has sent the stock skyrocketing. 4 Reasons For...
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GameStop Out Of 'Dirty Dozen' List But Is A 'Melting Ice Cube:' Why Whitney Tilson Sees Stock Returning To Pre-Meme Levels
Friday, March 31, 2023 - 3:40am | 370Former hedge fund manager Whitney Tilson, who recently removed electronics retailer GameStop Corp. (NYSE: GME) from the “Dirty Dozen” list of stocks to avoid, chimed in on the meme stock yet again. What Happened: “What GameStop is doing is smart,” Tilson said, adding this...
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Hedge Fund Manager Whitney Tilson Drops This Meme Stock From His 'Dirty Dozen List:' 'I Have To Tip My Hat To Management'
Friday, March 24, 2023 - 6:32am | 547Hedge fund manager Whitney Tilson is left impressed with one company that he previously listed as among the stocks to avoid. So, which is the company, and what has changed between January 2022 — the timing of his previous assessment — and now? What Happened: Tilson, in...
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A Retail Stock That Left Apple, Amazon, Tesla In The Dust: Veteran Investor Regrets 'Costly Miss'
Wednesday, March 15, 2023 - 6:00am | 621Amid the fluid market condition, former hedge fund manager Whitney Tilson harped on missing out on a stock that has outperformed some of the bellwether tech stocks in the medium term. What Happened: Tilson was upfront about this mistake and said, “I have been following retailer Dillard...
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Benzinga Bulls And Bears: Apple, Disney, Berkshire Hathaway And Why Kevin O'Leary Says 10,000 Cryptos Will Be Worthless
Saturday, February 11, 2023 - 2:18pm | 951Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories. The three major indexes saw their biggest weekly drop in 2023, as the markets cooled down after spiking higher in January. The Nasdaq...