Bank of America Corp: "OK, Bank of America was up in one of the, what, top four yesterday in the S&P? It was up again today. Why? Because the economy is better than expected and Bank of America does really incredibly well, perhaps the best of all banks, when we get Fed rate hikes and I think we'll get two of them. That's why I say, 'buy, buy, buy' Bank of America."
Magna International Inc.: "Well, you don't want to buy it for [a rumor it will work with Apple on self-driving cars] no matter what, because that's way too far in advance and if you do want autonomous driving, you know I believe in Waymo, which is Google, which is Alphabet, which is owned by my charitable trust. I think Magna is too cheap to sell, but it is related to autos and everything related to autos is stalled. But I am not going to tell you to sell it. I just can't count on buying it right here."
ILG Inc.: "You know, ILG, Wyndham, W-Y-N, and VAC are all terrific stocks. I have overlooked ILG. That is my bad. I agree with you. It's a good situation. Spun off from IAC, InterActiveCorp. Really good."
Sprint Corp: "Last night we had [T-Mobile CEO] John Legere on and he was lobbing his usual bombs and throwing the claymore mines around and doing the bazookas, and all I can tell you is that he had good things to say about Sprint. And in the conference call, he even talked about looking, you know, trying to figure out what to do with them, maybe Dish. I want to own Sprint."
Source: Bloomberg
Trader Senan Fuchedzhiev
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.