The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Andy Cross dissect the hardest-hitting investing stories of the day.
Shares of Sony hit a new 52-week high on Tuesday on the news that hedge fund manager Dan Loeb was pushing for Sony to spin off its entertainment division. Loeb owns a 6.5% stake in the entertainment giant. In this installment of Investor Beat, our analysts discuss the future of Sony, as well as four stocks making big moves on today's market and two stocks we'll be watching closely in the coming week.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.