UFO Stocks

by Fred Fuld III

Do you believe UFOs really exist? If so, would you like to invest in the UFO industry? Unfortunately, you can’t just yet but you can invest in the next best thing, space travel.

The business of traveling to outer space may be the next big long term industry for investors. But you may be asking, what are the best stocks to play this investment theme?

Unfortunately, a few of these companies are privately held, but there are some, many of which are small corporations, which are close to space pure plays.

One of these companies is Maxar Technologies (MAXR) which has three divisions, space systems, imagery, and services. The space systems division provides satellites, satellite payloads, and antennas.  This Colorado based company has been around since 1969. The stock trades at 42 times forward earnings by recent earnings have been negative. It has a very favorable price to sales ratio of 0.21, and sells at 76% of book value. This $442 million market capitalization company even pays a dividend, with a yield of 0.54%.

Another space related company with a much larger market cap of $5.3 billion, is Viasat (VSAT), which designs and develops satellites along with many types of communication services. The company, which has generated negative earnings, trades at more than two and a half times sales and book value. It does not pay a dividend.

The Englewood, Colorado company EchoStar (SATS) owns and leases in-orbit satellites. The stock has a forward price to earnings ratio of 28 and trades at 98% of book value.

There are several other companies that might fit into the space category such as IntelSat (I), Trimble (TRMB), and Iridium (IRDM). However, a better strategy might be to invest in the Procure Space ETF (UFO), which has cornered a great stock ticker symbol.

This ETF owns all of the above stocks plus a couple dozen more that have ties to the space industry. UFO just started trading this year.

Disclosure: Author didn’t own any of the above at the time the article was written.

Elon Musk & the Tesla Annual Stockholders Meeting

Tesla Gullwingby Fred Fuld III

Yesterday,  the Tesla (TSLA) Annual Shareholders Meeting was held at the Computer History Museum in Mountain View, California. After the official part of the meeting, which took about 15 minutes, Elon Musk came out and spoke to the large crowd of attendees, along with showing a slide presentation. There was also a question and answer period after the speech.

For the last four quarters, Tesla has been outselling all competitors combined. The Model 3 is the best selling car by revenue of any car and is outselling all direct competitors combined.

The Model S has a range of 370 miles and the Model X has a 325 mile range.

Currently, the company does not have a demand problem. Sales far exceed production. In addition, 63% of trade-ins are non-premium cars.

The total cost of ownership of Teslas is much less than gasoline cars, when you take into consideration maintenance and other costs.

Every Tesla produced since October has the ability of full autonomy with just a switch out of the computer.

Tesla S1Buying a non-electric car without autonomous capability is like “Riding a horse using a flip phone.”

Elon Musk spent a lot of time discussing the gigafactories, the solar roofs, batteries, and the V3 Superchargers.

He also mentioned the Mobile Service that can even handle minor repairs.

Numerous questions and suggestions were offered as that last part of the meeting, with Musk responding thoroughly to each one.

Disclosure: Author owns TSLA.

Learn from Howard Schultz, Ron Howard, Steve Martin, Malcolm Gladwell & Other Experts for a Very Low Price

Have you ever wanted to learn more about business and entrepreneurship? How would you like to take a class from Howard Schultz, the former chairman and chief executive officer of Starbucks (SBUX) for many years? Or maybe you want to write your own book. Your teacher can be best selling author of Tipping Point, Blink, and Outliers, Malcolm Gladwell. You might want to learn a little magic for a hobby and have Penn and Teller as your instructor. Or improve your cooking skills with the help of Wolfgang Puck.

How  much would you be wiling to pay for a class from any of these individuals? $500? $1,000? $2,000? They are all available to you, plus many others, through online classes for a very reasonable $180, offered by an innovative company called MasterClass. By the way, that’s not $180 per class, that’s $180 total, all-access for all classes!

I’m trying my best to not make this post sound like a sales pitch, but I signed up for the all-access pass to MasterClass myself, and I’m extremely impressed. MasterClass, based in San Francisco, was founded in 2014. The company offers classes in the areas of business, filmmaking, culinary arts, writing, entertainment, sports, games, and science. It currently offers over 60 classes, taught by experts in their fields.

Here is just a small sample of the instructors:

  • Howard Schultz
  • Dan Brown
  • Malcolm Gladwell
  • James Patterson
  • Gordon Ramsay
  • Wolfgang Puck
  • Ron Howard
  • Martin Scorsese
  • Spike Lee
  • Helen Mirren
  • Steve Martin
  • Diane Von Furstenberg
  • Steph Curry
  • Penn & Teller

There are many, many others. I’ve already taken several classes, and realized that a lot of the advice these instructors give, no matter what their field, can be applied to becoming successful in any type of business. As an example, Academy Award winner Ron Howard teaches a class on directing movies. But from the business standpoint, he teaches, planning, collaboration, and project management.

Currently, MasterClass is offering a $30 credit when you sign up with the following link:


This gives you an All-Access pass, allowing you to take any (and even every) course you want for a full year. Think about it. You could watch drivel on TV or watch a MasterClass and learn something useful.



Disclosure: Author didn’t own any of the stocks mentioned in the article at the time the article was r=written. Links for MasterClass are affiliate links.



Here’s How You Can Have Lunch With Warren Buffett

by Fred Fuld III

All Warren Buffett fans would like to have lunch with one of the greatest investors in the world. Would you like to have lunch with Buffett? Besides eating with Buffett, the head of Berkshire Hathaway (BRKA) (BRKB), you get to ask him lots of questions and get his advice.

The catch is to be the successful bidder for the eBay (EBAY) auction of the Power Lunch with Warren Buffett to Benefit GLIDE. The current bid at the time this article was written is $3,500,100.00. There have been 13 bids so far and the starting bid was $25,000.

Buffett will have a meal with the winning bidder and up to seven friends at Smith & Wollensky in New York City on a mutually agreed upon date.

All of proceeds from the winning bid will benefit GLIDE, one of the leading social service institutions working to alleviate human suffering and poverty in the San Francisco Bay Area.

You have two days left to bid, as the auction closes on Friday, May 30, 2019 at 7:30 pm PT. You must be prequalified to bid.

Don’t forget to read:

How to Plan for Warren Buffett’s Berkshire Hathaway Annual Shareholders Meeting

Stocks Going Ex Dividend in June 2019

by Fred Fuld III

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and annual yield.

Cedar Fair, L.P. (FUN) 6/3/2019 0.925 7.16%
Schlumberger N.V. (SLB) 6/4/2019 0.50 5.48%
QUALCOMM Incorporated (QCOM) 6/5/2019 0.62 3.79%
Abercrombie & Fitch Company (ANF) 6/6/2019 0.20 3.20%
Kimberly-Clark Corporation (KMB) 6/6/2019 1.03 3.20%
Hewlett Packard Enterprise Company (HPE) 6/11/2019 0.112 3.18%
HP Inc. (HPQ) 6/11/2019 0.16 3.26%
Bed Bath & Beyond Inc. (BBBY) 6/13/2019 0.17 5.04%
Coca-Cola Company (The) (KO) 6/13/2019 0.40 3.26%
Las Vegas Sands Corp. (LVS) 6/18/2019 0.77 5.42%
Yamana Gold Inc. (AUY) 6/27/2019 0.005 1.09%
Ralph Lauren Corporation (RL) 6/27/2019 0.688 2.55%
Xerox Corporation (XRX) 6/27/2019 0.25 3.11%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

The Largest Marijuana Companies

by Fred Fuld III

Over 60% of states have legalized marijuana, either for medical purposes or for both medical and recreational use. In addition, Canada has legalized recreational cannabis throughout all the provinces after the passage of the Cannabis Act (also known as Bill C-45), joining Uruguay as the second country to do so nationwide.

If you want to invest in a new budding industry (no pun intended), it is generally considered a good idea to choose the largest stocks to invest in. They have greater  liquidity, a larger following by analysts, and the large size is usually due to stronger earnings, stronger revenues, or at the very least, greater growth potential of revenues.

So if you are looking to place your investment dollars in the cannabis industry, you might want to start you due diligence with the largest companies by market cap. (market capitalization is the total number of shares times the current market price).

The biggest one by far is Canopy Growth Corp (CGC) with a market cap of $15.3 billion. The company has a big advantage in that Constellation Brands (STZ)  invested a huge amount of money in the company, owning over a third of Canopy shares. Constellation known for its beer and wine, markets Pacifico and   Corona beer, Robert Monday and Clos du Bois wine, and Svedka vodka. Canopy has a forward  price to earnings ratio of 357 and trades at 2.87 times book value.

Coming in second place is Aurora Cannabis (ACB) with an $8.4 billion market cap. The stock has a forward P/E ratio of 555.5 and price to book value of 2.58.

GW Pharmaceuticals (GWPH) is a $5.64 billion company involved in developing cannabinoid biopharmaceutical products. It trades at 8.82 times book value.

Cronos Group (CRON) has a $5.13 billion market cap and produces and sells marijuana products in Canada, Germany, and other areas. The stock trades at 69 times forward earnings and 7.1 times book value.

Tilray (TLRY) has a $4.3 billion market cap. The company is developing cannabis infused beverages in partnership with Anheuser-Busch InBev (BUD). Tilray has a nosebleed-level forward P/E ratio of 1,111 and a price to book of 11.1.

Maybe one of these stocks will help your portfolio get higher and higher. Many tiny pot stocks are cropping up like weeds. Be careful with the smaller companies as they may go up in smoke and throw your portfolio out of joint. (Puns intended.)

Don’t forget to read:

Exclusive Interview with Chet Billingsley CEO of Mentor Capital on the Marijuana Industry

Is Apple Getting into the Marijuana Industry?

Disclosure: Author owns CGC.



WTF Is Happening: Women Tech Founders on the Rise

WTF Is Happening: Women Tech Founders on the Rise

By Nisa Amoils


While technological innovation is exploding and female pioneers are making remarkable strides across a wide range of emerging tech fields, inequity remains. However, the exciting new book by veteran tech investor, Nisa Amoils, provides a new appreciation of the extraordinary strides being made in disruptive technology by female entrepreneurs who are building a new world.

In WTF Is Happening: Women Tech Founders on the Rise, Amoils profiles thirteen female founders whose remarkable work today will make a profound difference in the way we all live tomorrow. You will find candid interviews with innovative female entrepreneurs in which they share their experiences in their own words. However, from robotics and virtual reality to drone technology and autonomous flight, these women are receiving only a small fraction of the available funding, an inequity that harms both innovators and investors alike.

WTF Is Happening offers powerful, evidence-based stories about young technologies and industries in their infancies led by women paving a path into our future—women who will very likely outperform for their investors. Further, WTF Is Happening also highlights statistics that prove that companies with at least one female founder did a better job creating value for investors.

“I wrote WTF Is Happening simply to shine a light on some amazing women tech founders. I want to raise awareness and to encourage others to follow in their footsteps, because you can’t be what you can’t see,” says Amoils. “The good news for investors and students of STEM alike is that there were so many candidates for inclusion that I had a hard time narrowing it down.”

So, whether you’re a VC searching for new cutting-edge technology, an investor looking for opportunities outside of their usual network or a young woman who’s considering entering the STEM fields, WTF Is Happening is your invitation to help shape the future.

This book is an invitation to young women who may not have thought about working in STEM fields, or starting their own tech companies. It’s an invitation to female entrepreneurs and investors to see themselves and their partners reflected in the stories. Most importantly, this book is an invitation to investors who are seeking exciting companies, calling upon them to see the amazing world female technologists are creating.

Aside from the well-published social benefits to society, there are investment opportunities with women-led companies which are often under-shopped and undervalued. Throughout her career as a tech investor, Amolis has watched female tech entrepreneurs struggle for VC funding as the money flows elsewhere. Readers will realize, investors who aren’t looking hard are leaving money on the table. In it you’ll also discover:

  • The Gender Funding Discrepancy: why female entrepreneurs only received 2% of VC funding in 2018
  • Tech predictions for the next five years
  • Insider tips for stages of funding
  • 12 reasons why women aren’t going anywhere in the future of tech
  • Women Tech Founders offer the lessons they wish they knew to tomorrow’s STEM superstars
  • 5 key lessons for the future women leaders of tech from today’s female founders and innovators
  • The dynamic women making blockchain more accessible
  • How investors are leaving money on the table


For the past decade Nisa Amoils has been a venture investor primarily focused on new technologies. She is a former securities lawyer and on the Boards of several companies and institutions including Wharton Entrepreneurship. She writes for Forbes and Blockchain Magazine and is a regular on CNBC, MSNBC, Fox, Cheddar and others. Prior to investing, she spent many years in business development at companies like Time Warner and NBC Universal and worked with many startups  She holds a business degree from the University of Michigan and a law degree from the University of Pennsylvania. 

The book, WTF Is Happening: Women Tech Founders on the Rise, is available on Amazon and other booksellers. 

How to Plan for Warren Buffett’s Berkshire Hathaway Annual Shareholders Meeting

by Fred Fuld III

It was just a couple weeks ago when Warren Buffett held his Berkshire Hathaway (BRKA) (BRKB) Annual Shareholders Meeting in Omaha, Nebraska. The attendance was huge. I understand that they expected around 30,000 attendees, but according to the local press, there were over 40,000! It was like a rock concert festival for investors.

The event was held at the CHI Health Center Omaha Convention Center and Arena. The arena part of the center, which normally hosts basketball and hockey games, was where the meeting was held and the the convention center held the exhibiters of many of the companies that Berkshire Hathaway owns.

It was a three day event starting with the Shareholder Shopping Day and Borsheims Cocktail Reception on Friday, May 3.

Then on Saturday was the all-day annual meeting, starting with a movie about some of the products and services offered by Berkshire companies. After the movie was a question and answer session with Warren Buffett and Charlie Munger, which lasted all day long, other than a one hour lunch break. I don’t know how Warren and Charlie had the stamina. By two o’clock in the afternoon, I felt like taking a nap (but I didn’t).

After the Q&A, the formal meeting began and lasted about two minutes. Finally, during the evening was the Nebraska Furniture Mart’s Berkshire Picnic.

Sunday was the Berkshire Hathaway “Invest in Yourself” 5K Walk, Jog, and Run. Then the Borsheims Shopping Day took place where an entire indoor shopping center was taken over for the day and opened exclusively to Berkshire shareholders. In addition to the free food, you could watch bridge champions, a table tennis champion, a magician, and music entertainment. Finally, the dinner at Gorat’s Steakhouse.

Berkshire Boat
You could have bought this boat. Price: $165,000. Show special: $125,000

In regards to the exhibits in the convention center, attendees could visit the following:

  • Borsheims Fine Jewely
  • BNSF Railway (with a toy train moving around the exhibit) Train
  • Coca-Cola (KO)
  • Dairy Queen (lots of inexpensive ice cream)
  • FlightSafety International (which allowed attendees to try out the company’s flight simulation machines)
  • GEICO (a giant GEICO gecko was there)
  • Kraft Heinz (KHC)
  • NetJets (you could walk through the interior of a jet)
  • See’s Candies (probably the most popular exhibit)
  • and many, many more exhibitors

For those of you that want to attend next year, here are some things to keep in mind:

  1. Next year’s meeting is May 2, 2020
  2. If you don’t own shares of Berkshire, make sure you buy your shares far enough ahead of time to be on the corporate records so that you will be entitled to attend
  3. Make your reservation for a hotel room NOW. I made my reservation about a couple months before the event, and the closest hotel I could get was over half an hour away from the convention center.
  4. If you plan on taking Lyft (LYFT) or Uber (UBER) at the airport when you first arrive, plan on not getting a car for a long, long time. I suggest that you immediately stand in the taxi line, and call Lyft or Uber right after you get in line (which may take at least half an hour to get to the front for a taxi). You may be lucky and your ride hailing car may show up before you get to the front of the taxi line. Expect to pay a lot for a taxi ride, far more than Uber or Lyft.
  5. If you want to get a good seat at the meeting, plan on getting there very, very early in the morning. I arrived at 7:45 am and it was already standing room only. (Remember, this is an arena.) I finally got a seat in the afternoon up in the nosebleed section. I was talking to the guy who was sitting behind me and he said he got there at 6:15 and it was the best seat he could get. He told me that people started arriving at 3:30 and 4:00 in the morning in order to get a decent seat.
  6. Expect to got through extensive security to get in. I saw a police officer with an assault rifle.
  7. If you want to attend the Gorat’s Steakhouse dinner, make your reservation now.
  8. You will receive a form from Berkshire asking if you are planning to attend the meeting. Fill out the form and send it in immediately. (Tip: You can save a couple days by downloading the form instead of waiting for it to arrive in the mail.)
  9. Plan on meeting a lot of people from around the world and have fun.

Buffett and FredDisclosure: Author owns BRKB.

IPOs for the Next Week

by Fred Fuld III

It seems like everyone is waiting for the long anticipated Uber IPO. The spotlight will be on the trading after Uber goes public, since Lyft (LYFT) has tanked to a record low today.

Your broker might not be participating in any or all of these IPOs, but if you are interested in any of them, it is worth checking. Just remember, just because there is an IPO, doesn’t mean the stock will jump in price. Remember Lyft.

Here are some IPOs scheduled for the next ten days:


Upcoming Stock Earnings Announcements

If you are looking to do some earnings trades, here are some corporate earnings announcements that will be taking place during this week.

Humana Inc HUM 5/1/19 Before Open
Garmin Ltd GRMN 5/1/19 Before Open
Iqvia Holdings Inc IQV 5/1/19 Before Open
Harris Corp HRS 5/1/19 Before Open
Estee Lauder Companies EL 5/1/19 Before Open
CVS Corp CVS 5/1/19 Before Open
L-3 Communications Holdings LLL 5/1/19 Before Open
Yum! Brands YUM 5/1/19 Before Open
Southern Company SO 5/1/19 Before Open
Willis Towers Wts WLTW 5/1/19 Before Open
Molson Coors Brewing Company TAP 5/1/19 Before Open
Idexx Laboratories IDXX 5/1/19 Before Open
Sealed Air Corp SEE 5/1/19 Before Open
Hilton Inc HLT 5/1/19 Before Open
Entergy Corp ETR 5/1/19 Before Open
Pinnacle West Capital Corp PNW 5/1/19 Before Open
Automatic Data Procs ADP 5/1/19 Before Open
CME Group Inc CME 5/1/19 Before Open
Clorox Company CLX 5/1/19 Before Open
Amtek Inc AME 5/1/19 Before Open
Johnson Controls Intl JCI 5/1/19 Before Open
NiSource Inc NI 5/1/19 Before Open
Qualcomm Inc QCOM 5/1/19 After Close
HCP Inc HCP 5/1/19 After Close
Hologic Inc HOLX 5/1/19 After Close
Equinix Inc EQIX 5/1/19 After Close
Public Storage PSA 5/1/19 After Close
Ansys Inc ANSS 5/1/19 After Close
Hartford Financial Services Group HIG 5/1/19 After Close
Allstate Corp ALL 5/1/19 After Close
Host Marriott Financial Trust HST 5/1/19 After Close
American Water Works AWK 5/1/19 After Close
Realty Income Corp O 5/1/19 After Close
Metlife Inc MET 5/1/19 After Close
Mid-America Apartment Communities MAA 5/1/19 After Close
Prudential Financial Inflation Retail PRU 5/1/19 After Close
Marathon Oil Corp MRO 5/1/19 After Close
Apache Corp APA 5/1/19 After Close
Lincoln National Corp LNC 5/1/19 After Close
Williams Companies WMB 5/1/19 After Close
Cigna Corp CI 5/2/19 Before Open
Teleflex Inc TFX 5/2/19 Before Open
Public Service Enterprise Group Inc PEG 5/2/19 Before Open
Amerisourcebergen Corp ABC 5/2/19 Before Open
Hanesbrands Inc HBI 5/2/19 Before Open
Abiomed Inc ABMD 5/2/19 Before Open
MSCI Inc MSCI 5/2/19 Before Open
Kimco Realty Corp KIM 5/2/19 Before Open
Huntington Ingalls Industries HII 5/2/19 Before Open
Church & Dwight Company CHD 5/2/19 Before Open
Under Armour Inc Class C Comm UA 5/2/19 Before Open
Ball Corp BLL 5/2/19 Before Open
Macerich Company MAC 5/2/19 Before Open
Aptiv Plc APTV 5/2/19 Before Open
Kellogg Company K 5/2/19 Before Open
Zoetis Inc Class A ZTS 5/2/19 Before Open
Vulcan Materials Company VMC 5/2/19 Before Open
Under Armour UAA 5/2/19 Before Open
Global Payments Inc GPN 5/2/19 Before Open
Discovery Comm A DISCA 5/2/19 Before Open
Parker-Hannifin Corp PH 5/2/19 Before Open
Hollyfrontier Corp HFC 5/2/19 Before Open
Dowdupont Inc DWDP 5/2/19 Before Open
NRG Energy NRG 5/2/19 Before Open
S&P Global Inc SPGI 5/2/19 Before Open
Discovery Comm Inc DISCK 5/2/19 Before Open
PPL Corp PPL 5/2/19 Before Open
Xylem Inc XYL 5/2/19 Before Open
Intercontinental Exchange ICE 5/2/19 Before Open
Resmed Inc RMD 5/2/19 After Close
Skyworks Solutions SWKS 5/2/19 After Close
Expedia Group Inc EXPE 5/2/19 After Close
Fortinet Inc FTNT 5/2/19 After Close
Motorola Solutions MSI 5/2/19 After Close
Activision Blizzard ATVI 5/2/19 After Close
Federal Realty Investment Trust FRT 5/2/19 After Close
Cognizant Tech Sol CTSH 5/2/19 After Close
Fluor Corp FLR 5/2/19 After Close
Apartment Investment and Management AIV 5/2/19 After Close
Alliant Energy Corp LNT 5/2/19 After Close
Gilead Sciences Inc GILD 5/2/19 After Close
Arista Networks Inc ANET 5/2/19 After Close
Consolidated Edison Company of New York ED 5/2/19 After Close
Flowserve Corp FLS 5/2/19 After Close
CBS Corp CBS 5/2/19 After Close
Eog Resources EOG 5/2/19 After Close
Regency Centers Corp REG 5/2/19 After Close
Dentsply Sirona Inc XRAY 5/3/19 Before Open
American Tower Corp AMT 5/3/19 Before Open
Newell Rubbermaid Inc NWL 5/3/19 Before Open
CBOE Global Markets Inc CBOE 5/3/19 Before Open
Noble Energy Inc NBL 5/3/19 Before Open
Dominion Resources D 5/3/19 Before Open