The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill along with analysts Jason Moser and Andy Cross discuss the top business and investing stories of the day.
Shares of Sony (NYSE: SNE ) 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, who owns a 6.5% stake in the Sony, hand-delivered a letter to Sony CEO Kazuo Hirai. In this installment of MarketFoolery, our analysts talk about the future of Sony.
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.
The relevant video segment can be found between 0:27 and 5:15.