As markets attempt to rebound on hopes for a Covid-19 vaccine, Steven Cohen (Trades, Portfolio), manager of Point72 Asset Management, disclosed this week that his firm purchased a stake in Immunomedics Inc. (NASDAQ:IMMU) according to GuruFocus Real-Time Picks, a Premium feature. According to the firm’s website, Point72 invests using long-short strategies, macroeconomic strategies and systematic strategies. The firm’s long-short investing business seeks long-term capital appreciation through...

The Mawer New Canada Fund (Trades, Portfolio) disclosed this week that it established four new positions during the second half of 2019: AltaGas Canada Inc. (TSX:ACI), Badger Daylighting Ltd. (TSX:BAD), Andlauer Healthcare Group Inc. (TSX:AND) and Morguard Corp. (TSX:MRC). Managed by Jeff Mo, the fund seeks long-term capital appreciation through investments in smaller-cap Canadian companies. Mo employs a disciplined, research-driven, bottom-up process to select equity investments. The fund...

With market valuations tumbling near three-year lows as the Covid-19 virus outbreak rattles markets around the globe, GuruFocus Editorial Assistant James Li discusses how investors can seek good opportunities based on Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) co-managers Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio)’s four-criterion investing approach. The All-in-One Screener, a major GuruFocus Premium feature, identified four such companies: Amgen Inc....

In light of increasing optimism regarding the coronavirus reaching its peak, four industrial companies with strong business predictability and trading at least 30% below discounted free cash flow valuation are Snap-on Inc. (NYSE:SNA), Curtiss-Wright Corp. (NYSE:CW), TransDigm Group Inc. (NYSE:TDG) and Union Pacific Corp. (NYSE:UNP). On Monday, the Dow Jones Industrial Average closed at 22,649.74, up 1,597.21 points or 7.59% higher than last Friday’s close of 21,052.53 on the back of increased...

In light of the China Passenger Car Association reporting record Tesla Inc. (NASDAQ:TSLA) vehicle sales within Mainland China during March, five auto companies with high financial strength and business predictability and are trading below Peter Lynch’s earnings line are Akwel (XPAR:AKW), Brembo SpA (MIL:BRE), Good Year Lastikleri TAS (IST:GOODY), Lear Corp. (NYSE:LEA) and Tofas Turk Otomobil Fabrikasi AS (IST:TOASO), according to the All-in-One Screener, a major GuruFocus Premium...