Investor Beat: October 3

The following video is from Thursday's Investor Beat, in which host Chris Hill and Motley Fool analysts Tim Hanson and Matt Koppenheffer dissect the hardest-hitting investing stories of the day.

Activist investor Dan Loeb holds a 9% stake in Sotheby's, and is now calling for the auction house's CEO William Ruprecht to step down, bringing the stock up to a two-year high. In the lead story on today's Investor Beat, Tim and Matt take a look at Loeb's case and activist investor trends on the whole. They also share their thoughts on whether Sotheby's is a buy, sell, or hold at today's prices.

Also, our analysts take a look at four stocks making big moves today. Tesla Motors continues to fall after one analyst's downgrade and the release of an Internet video of a Model S on fire. Constellation Brands rises after great second-quarter earnings news and raised guidance for the full year. Angie's List is down after it slashed prices by 75% in key markets to bring in new members. And Herbalife falls as billionaire hedge fund manager Bill Ackman reduces his short bet on the stock.

And finally, Tim and Matt discuss why they will be watching shares of Costco and Wells Fargo very closely this week.

More from The Motley Fool
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.



Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2667976, ~/Articles/ArticleHandler.aspx, 8/30/2014 10:30:50 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement