Latest news with #WarrenBuffett


Time of India
39 minutes ago
- Entertainment
- Time of India
Latest Clash Royale leaks hint at new Spirit Empress Champion, Card Evolution, and more - Everything you need to know
Spirit Empress Champion in Clash Royale (Image via Supercell) Clash Royale's vibrant community has received a fresh crate of leaks: the arrival of a new champion, the Spirit Empress, and a potential evolution for the iconic Golem card. Here's a detailed look at what's surfaced so far, what's credible, and what these additions could mean for the game. Clash Royale community speculates on the Spirit Empress: The New Champion The Spirit Empress is rumored to be the next champion card, with multiple leaks and creator previews pointing toward an imminent release. Here's what is currently known: - Elixir Cost and Role: The Spirit Empress is expected to be a 6-elixir champion, which positions her as one of the more expensive champions, potentially rivaling the Monk and Mighty Miner in terms of cost and battlefield impact. Some are even speculating that this card might cost three elixir. - Alternate Name: Some leaks refer to her as the Dragon Rider, though it's unclear if this is a working title or a separate mechanic. - Mechanics and Rarity: There is speculation that the Spirit Empress may introduce a new card rank or mechanic, possibly even a new "Hero" rarity above champions, though most community voices hope she remains a traditional champion to avoid power creep and complexity. New Hero Card: Spirit Empress - Official Hints: Content creators with ties to Supercell have showcased previews of the proposed Champion on a shirt that the received with a gift box from the devs, reinforcing the legitimacy of the leak. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Some users claim to have seen official posts on Clash Royale's Instagram, lending further credibility to the rumors. - Community Reaction: The community is excited but cautious, especially given the balance implications of a high-cost champion. There is hope that her introduction will help diversify the meta and potentially counter dominant decks like Boss Bandit. Is the Golem Evolution coming to Clash Royale? While the Spirit Empress has taken center stage, there is also mounting speculation about an evolution for the Golem card: - Evolution Teasers: Recent teasers on the official Clash Royale X account suggest that Golem may soon receive an evolution, following the trend of other classic cards receiving powerful upgrades. Evolutions typically grant cards new abilities or stats, shaking up established strategies. They posted a picture of a Canon with a 'Sneaky Golem' inside. This could either be hinting at a Golem Evo or the devs could be pklaying along the recently trending 'Sneaky Golem' memes. - Gameplay Impact: Evolved cards have historically had a significant impact on the meta. For example, evolved skeletons and bats have made it much harder to defend against certain pushes, and a Golem evolution could similarly redefine beatdown strategies. - Meta Implications: If Golem receives an evolution, expect a surge in Golem-based decks and new counterplay dynamics, especially if the evolution grants it additional effects on death or while attacking. Summary Table: Spirit Empress vs. Golem Evolution Feature Spirit Empress (Leaked) Golem Evolution (Speculated) Card Type Champion Evolution of existing card Elixir Cost 6 8 (base Golem cost) Mechanic Possible new ability/rarity Enhanced stats/abilities Status Multiple credible leaks Strong community speculation Meta Impact High (if released as champion) High (could revitalize beatdown) Also read: Best Clash Royale Decks for the Magical Trio Event The leaks surrounding the Spirit Empress and a possible Golem evolution signal a major shake-up for Clash Royale in the near future. While the Spirit Empress appears to be on the verge of official release, with credible leaks and creator previews supporting her arrival, the Golem evolution remains speculative but highly anticipated. Both additions have the potential to significantly alter the game's meta, offering fresh strategies and challenges for players at all levels. Game On Season 1 kicks off with Sakshi Malik's inspiring story. Watch Episode 1 here
Yahoo
2 hours ago
- Business
- Yahoo
Warren Buffett's "Secret" Portfolio Just Bought the World's Leading Share-Buyback Stock, as Well as "The Monthly Dividend Company"
The Oracle of Omaha has a $616 million "hidden" portfolio that contains 122 securities, comprised of individual stocks and exchange-traded funds (ETFs). During the March-ended quarter, Warren Buffett's secret portfolio added shares of a company that's repurchased $775 billion worth of its own stock. Meanwhile, this under-the-radar portfolio also purchased shares of an ultra-high-yield monthly dividend stock that's raised its payout 131 times since going public. 10 stocks we like better than Apple › The amount of data that investors have to keep track of on Wall Street can be borderline overwhelming at times. Between earnings season -- the six-week period each quarter where a majority of Wall Street's most-influential businesses report their operating results -- and daily economic data releases, it's easy for something important to fall through the cracks. For example, May 15 was one of the most important days of the second quarter for investors, but it could have easily been overshadowed by earnings reports and economic data releases. This date marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission (SEC). Quarterly filed 13Fs allow investors to track which stocks Wall Street's brightest money managers have been buying and selling. While there are quite a few billionaire fund managers that are closely tracked by investors, none garners more interest than Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since taking the reins 60 years ago, the aptly named Oracle of Omaha has delivered a nearly 20% annualized rate of return for his company's Class A shares (BRK.A). Riding Buffett's coattails has been a tried-and-true wealth-building strategy for decades. But what you might not realize is that Berkshire's 13F doesn't tell the complete story of what's under the proverbial hood. In 1998, Warren Buffett's Berkshire Hathaway announced a $22 billion all-stock deal to acquire General Re. While the purpose of this buyout was for Berkshire to get its hands on General Re's prized reinsurance operations, the latter also owned a specialty investment firm known as New England Asset Management (NEAM). When the deal closed in December 1998, Berkshire Hathaway became NEAM's new parent. New England Asset Management closed out March 2025 with approximately $616 million in AUM, which is well above the $100 million AUM limit required to file a 13F with the SEC. In other words, investors have the ability to track which stocks and exchange-traded funds (ETFs) New England Asset Management is buying, selling, and holding. Though Warren Buffett closely oversees the $280 billion in AUM spread across more than 40 holdings for Berkshire Hathaway's primary investment portfolio, NEAM's $616 million investment portfolio, which is spread across 122 securities, has a separate investment management team. Nevertheless, the stocks and ETFs that New England Asset Management buys and holds are, ultimately, under the umbrella of Berkshire Hathaway. You could rightly say that NEAM is akin to Warren Buffett's "secret" portfolio. While this secret portfolio is known for spreading its invested assets across well-known ETFs and brand-name businesses (not all of which are found in Berkshire Hathaway's $280 billion portfolio), it's what NEAM's investment managers have been buying of late that's turning heads. During the March-ended quarter, Buffett's secret portfolio made four new purchases, two of which are individual stocks. One offers the biggest share-repurchase program on the planet, while the other holds the distinction of being trademarked "The Monthly Dividend Company®." Based on New England Asset Management's first-quarter 13F, the investment management team opened a new position totaling 3,382 shares in tech colossus Apple (NASDAQ: AAPL). It's the first time this hidden portfolio has owned shares of Apple in more than a year -- albeit it's a far cry from the nearly 20 million shares of Apple NEAM held during the fourth quarter of 2022. Apple didn't become one of Wall Street's largest public companies by accident. It's maintained its leadership status because of its competitive advantages. One thing it brings to the table is an exceptionally loyal customer base. Apple is one of the most-recognized consumer brands worldwide and its customers tend to trust its products. Berkshire CEO Warren Buffett is a big-time believer in companies that earn consumers' trust, which is probably a big reason why Apple is Berkshire Hathaway's largest investment holding. Apple is also a leader on the innovation front. It's been incorporating artificial intelligence (AI) solutions in its iPhone and other physical products for years. Since introducing a 5G-capable iPhone in late 2020, Apple has held a 50% domestic share (or greater) of smartphone sales. But Apple's most-defining factor, beyond its AI roots and innovative prowess, is its world-leading share repurchase program. In 2013, Apple's board approved an aggressive buyback program that's put all public companies to shame. As of March 29, 2025 -- Apple's fiscal year usually ends in late September -- Apple had cumulatively spent $775.19 billion to repurchase over 43% of its outstanding shares. Buying back this much stock has had a decisively positive impact on the company's earnings per share and made its stock more fundamentally attractive to value-focused investors. In addition to New England Asset Management reopening a position in Apple, NEAM's 13F shows that 55,140 shares of premier retail real estate investment trust (REIT) Realty Income (NYSE: O) were bought in the first quarter. It's the first time Buffett's secret portfolio has held shares of Realty Income since the September-ended quarter of 2018. Realty Income is nothing short of a powerhouse in the retail REIT space, with more than 15,600 commercial real estate (CRE) properties owned, as of the end of March. What makes its CRE asset portfolio so impressive is that an estimated 91% of its rental income is tied to businesses that are resilient to economic downturns and e-commerce pressures. We're talking about brand-name, time-tested, stand-alone companies that provide basic need goods and services that can draw consumer traffic regardless of how well or poorly the U.S. economy is performing. On top of targeting basic need industries, Realty Income's cash flow consistency is a reflection of its disciplined approach. A smart vetting process reduces delinquency rates, while initial long lease terms -- the company has a weighted average lease length of 9.1 years -- ensures predictable funds from operations. There's a reason Realty Income's median occupancy rate of 98.2% is 400 basis points higher than the median occupancy rate for S&P 500 REITs since 2000. But what places Realty Income in a class of its own is its monthly dividend. Realty Income has increased its payout for 111 consecutive quarters and has passed along 131 monthly dividend increases since going public in October 1994. This isn't just a token dividend, either. Its 5.62% yield, as of the closing bell on June 16, is more than four times higher than the average yield of the S&P 500, which places Realty Income into ultra-high-yield territory. Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, and Realty Income. The Motley Fool has a disclosure policy. Warren Buffett's "Secret" Portfolio Just Bought the World's Leading Share-Buyback Stock, as Well as "The Monthly Dividend Company" was originally published by The Motley Fool


Time of India
3 hours ago
- Time of India
'Alarming situation': Bombay HC suggests automatic doors on Mumbai local trains to prevent commuter deaths
MUMBAI: Observing that it is an 'alarming situation' that there are 10 deaths daily, Bombay high court on Friday suggested that Mumbai local trains have automatic closed doors to avoid overcrowding It also referred to the recent Mumbra train-fall incident in which five persons died. 'You have to take action so that this should not happen again,' said chief justice Alok Aradhe and Sandeep Marne while hearing public interest litigation filed last year by Yatin Jadhav, a regular local train commuter. He sought direction to Railways to place on record a detailed report of plans to reduce or eliminate fatalities on account of untoward incidents which occur with commuters while commuting in local trains. Jadhav also urged to direct the Railways to set up an expert committee to conduct an in-depth analysis of the causes and trends of fatalities and injuries from untoward incidents and recommend the adoption of measures, including pilot programmes, to eliminate fatalities on suburban railways. Asked by the judges what measures have been taken by the railways, additional solicitor general Anil Singh said a high-level committee has already been constituted to suggest safety measures. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like One of the Most Successful Investors of All Time, Warren Buffett, Recommends: 5 Books for Turning... Blinkist: Warren Buffett's Reading List Click Here Undo He informed that after the Mumbra incident, a multi-disciplinary committee was set up headed by the senior divisional safety officer of Central Railway. He said the objective of the committees is 'zero deaths in Central and Western Railway.' The judges questioned what measures have been taken by Railways. They referred to Railway's affidavit-in-reply. They said "what disburbs is that in 2024 there were 3,588 deaths took place in Central and Western Railway which averages to 10 deaths per day.' 'So every day 10 Mumbaikars while travelling on the train by falling. And these numbers of deaths falling down from train, hit by poles, or gaps between the footboard and the platform,' said Justice Marne, 'adding this is your own data.' 'Though you have projected that there is a reduction by 46% as compared to 2009,' he added. Singh said Railways' 'mission is zero death mission.' He submitted a chart detailing measures taken. 'What else is required to be done? Do it,' the CJ said. Singh said "as far as Mumbai railways is concerned, it is one of the most efficient, economical, and fastest modes of service which is provided. In fact, there is nowhere in the world where a railway like Mumbai works.' 'The difficulty is we are making a lot of improvement day by day. The constraint is we can do the work at night hours—4 or 5 hours—otherwise once the train is shut, the entire Mumbai comes to a standstill. We have to take into consideration all factors from all angles,' Singh added. He also informed that the high-level committee suggested 'construction of partitions or walls near the tracks so that there is no trespass and for fencing between tracks so there is no crossing. ' 'In some places, we have carried out work on the platform also. As platforms are becoming overcrowded, we have shifted certain stalls from the stations. There are many measures which we are taking,' Singh added. It was then that Justice Marne pointed out 'that fencing and all is to take care of deaths because of crossing etc.' 'What about people falling? Commuters who are on the train and they are falling,' he added. The judges said the trains should not be open so that there is no scope for overcrowding. 'You should provide automatic doors which close. This is one of the suggestions as a layman. We are not experts in rail safety. We can't do anything,' the Chief Justice said. The judges said to take the petition to a logical conclusion, Railways has to inform the recommendations of the committees and the timeline for their implementation. They will monitor and ensure Railways will adhere to the timelines. The petitioner's advocate said the Railways affidavit said they cannot have closed doors. 'But the railway minister after the incident of June 9 said 'we will have closed doors and we are working towards it,'' he said. Adjourning the hearing to July 14, the judges directed the Railways to disclose members of both committees. It shall also place on record suggestions of both committees to avoid untoward incidents in the future. 'The affidavits should clearly indicate the timelines with which measures recommended by the committee shall be implemented,' they added. The judges said it will be open to the petitioner to submit suggestions or a plan of action which shall be considered by the committees.
Yahoo
3 hours ago
- Business
- Yahoo
Warren Buffett's "Secret" Portfolio Just Bought the World's Leading Share-Buyback Stock, as Well as "The Monthly Dividend Company"
The Oracle of Omaha has a $616 million "hidden" portfolio that contains 122 securities, comprised of individual stocks and exchange-traded funds (ETFs). During the March-ended quarter, Warren Buffett's secret portfolio added shares of a company that's repurchased $775 billion worth of its own stock. Meanwhile, this under-the-radar portfolio also purchased shares of an ultra-high-yield monthly dividend stock that's raised its payout 131 times since going public. 10 stocks we like better than Apple › The amount of data that investors have to keep track of on Wall Street can be borderline overwhelming at times. Between earnings season -- the six-week period each quarter where a majority of Wall Street's most-influential businesses report their operating results -- and daily economic data releases, it's easy for something important to fall through the cracks. For example, May 15 was one of the most important days of the second quarter for investors, but it could have easily been overshadowed by earnings reports and economic data releases. This date marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission (SEC). Quarterly filed 13Fs allow investors to track which stocks Wall Street's brightest money managers have been buying and selling. While there are quite a few billionaire fund managers that are closely tracked by investors, none garners more interest than Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Since taking the reins 60 years ago, the aptly named Oracle of Omaha has delivered a nearly 20% annualized rate of return for his company's Class A shares (BRK.A). Riding Buffett's coattails has been a tried-and-true wealth-building strategy for decades. But what you might not realize is that Berkshire's 13F doesn't tell the complete story of what's under the proverbial hood. In 1998, Warren Buffett's Berkshire Hathaway announced a $22 billion all-stock deal to acquire General Re. While the purpose of this buyout was for Berkshire to get its hands on General Re's prized reinsurance operations, the latter also owned a specialty investment firm known as New England Asset Management (NEAM). When the deal closed in December 1998, Berkshire Hathaway became NEAM's new parent. New England Asset Management closed out March 2025 with approximately $616 million in AUM, which is well above the $100 million AUM limit required to file a 13F with the SEC. In other words, investors have the ability to track which stocks and exchange-traded funds (ETFs) New England Asset Management is buying, selling, and holding. Though Warren Buffett closely oversees the $280 billion in AUM spread across more than 40 holdings for Berkshire Hathaway's primary investment portfolio, NEAM's $616 million investment portfolio, which is spread across 122 securities, has a separate investment management team. Nevertheless, the stocks and ETFs that New England Asset Management buys and holds are, ultimately, under the umbrella of Berkshire Hathaway. You could rightly say that NEAM is akin to Warren Buffett's "secret" portfolio. While this secret portfolio is known for spreading its invested assets across well-known ETFs and brand-name businesses (not all of which are found in Berkshire Hathaway's $280 billion portfolio), it's what NEAM's investment managers have been buying of late that's turning heads. During the March-ended quarter, Buffett's secret portfolio made four new purchases, two of which are individual stocks. One offers the biggest share-repurchase program on the planet, while the other holds the distinction of being trademarked "The Monthly Dividend Company®." Based on New England Asset Management's first-quarter 13F, the investment management team opened a new position totaling 3,382 shares in tech colossus Apple (NASDAQ: AAPL). It's the first time this hidden portfolio has owned shares of Apple in more than a year -- albeit it's a far cry from the nearly 20 million shares of Apple NEAM held during the fourth quarter of 2022. Apple didn't become one of Wall Street's largest public companies by accident. It's maintained its leadership status because of its competitive advantages. One thing it brings to the table is an exceptionally loyal customer base. Apple is one of the most-recognized consumer brands worldwide and its customers tend to trust its products. Berkshire CEO Warren Buffett is a big-time believer in companies that earn consumers' trust, which is probably a big reason why Apple is Berkshire Hathaway's largest investment holding. Apple is also a leader on the innovation front. It's been incorporating artificial intelligence (AI) solutions in its iPhone and other physical products for years. Since introducing a 5G-capable iPhone in late 2020, Apple has held a 50% domestic share (or greater) of smartphone sales. But Apple's most-defining factor, beyond its AI roots and innovative prowess, is its world-leading share repurchase program. In 2013, Apple's board approved an aggressive buyback program that's put all public companies to shame. As of March 29, 2025 -- Apple's fiscal year usually ends in late September -- Apple had cumulatively spent $775.19 billion to repurchase over 43% of its outstanding shares. Buying back this much stock has had a decisively positive impact on the company's earnings per share and made its stock more fundamentally attractive to value-focused investors. In addition to New England Asset Management reopening a position in Apple, NEAM's 13F shows that 55,140 shares of premier retail real estate investment trust (REIT) Realty Income (NYSE: O) were bought in the first quarter. It's the first time Buffett's secret portfolio has held shares of Realty Income since the September-ended quarter of 2018. Realty Income is nothing short of a powerhouse in the retail REIT space, with more than 15,600 commercial real estate (CRE) properties owned, as of the end of March. What makes its CRE asset portfolio so impressive is that an estimated 91% of its rental income is tied to businesses that are resilient to economic downturns and e-commerce pressures. We're talking about brand-name, time-tested, stand-alone companies that provide basic need goods and services that can draw consumer traffic regardless of how well or poorly the U.S. economy is performing. On top of targeting basic need industries, Realty Income's cash flow consistency is a reflection of its disciplined approach. A smart vetting process reduces delinquency rates, while initial long lease terms -- the company has a weighted average lease length of 9.1 years -- ensures predictable funds from operations. There's a reason Realty Income's median occupancy rate of 98.2% is 400 basis points higher than the median occupancy rate for S&P 500 REITs since 2000. But what places Realty Income in a class of its own is its monthly dividend. Realty Income has increased its payout for 111 consecutive quarters and has passed along 131 monthly dividend increases since going public in October 1994. This isn't just a token dividend, either. Its 5.62% yield, as of the closing bell on June 16, is more than four times higher than the average yield of the S&P 500, which places Realty Income into ultra-high-yield territory. Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, and Realty Income. The Motley Fool has a disclosure policy. Warren Buffett's "Secret" Portfolio Just Bought the World's Leading Share-Buyback Stock, as Well as "The Monthly Dividend Company" was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
4 hours ago
- Business
- Yahoo
Shareholders in Ströer SE KGaA (ETR:SAX) have lost 17%, as stock drops 5.1% this past week
Investors can approximate the average market return by buying an index fund. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. For example, the Ströer SE & Co. KGaA (ETR:SAX) share price is down 21% in the last year. That's disappointing when you consider the market returned 17%. On the bright side, the stock is actually up 14% in the last three years. Furthermore, it's down 16% in about a quarter. That's not much fun for holders. Given the past week has been tough on shareholders, let's investigate the fundamentals and see what we can learn. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the unfortunate twelve months during which the Ströer SE KGaA share price fell, it actually saw its earnings per share (EPS) improve by 41%. Of course, the situation might betray previous over-optimism about growth. It's fair to say that the share price does not seem to be reflecting the EPS growth. So it's well worth checking out some other metrics, too. Ströer SE KGaA managed to grow revenue over the last year, which is usually a real positive. Since we can't easily explain the share price movement based on these metrics, it might be worth considering how market sentiment has changed towards the stock. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). Ströer SE KGaA is well known by investors, and plenty of clever analysts have tried to predict the future profit levels. So we recommend checking out this free report showing consensus forecasts It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Ströer SE KGaA the TSR over the last 1 year was -17%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. Investors in Ströer SE KGaA had a tough year, with a total loss of 17% (including dividends), against a market gain of about 17%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 0.1% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - Ströer SE KGaA has 2 warning signs we think you should be aware of. But note: Ströer SE KGaA may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.