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5 States With the lowest Or No Sales Tax

In this article, we will look at the 5 states with the lowest or no sales tax. If you want to read our detailed analysis, you can go directly to the 16 States With the lowest Or No Sales Tax. 5. Alaska State Sales Tax Rate (2024): 0% Average Local Sales Tax Rate (2024): 1.82% […] In this article, we will look at the 5 states with the lowest or no sales tax. If you want to read our detailed analysis, you can go directly to the 16 States With the lowest Or No Sales Tax. 5. Alaska State Sales Tax Rate (2024): 0% Average Local Sales Tax Rate (2024): 1.82% Combined Sales Tax Rate (2024): 1.82% Population (2023): 733,604 Alaska is ranked among the states with the lowest or no sales tax. The state has a local sales tax rate of 1.82%, as of January 2024. The state does not impose a statewide sales tax. The population of the state is 733,604, as of 2023......»»

Category: topSource: INSIDERMONKEY1 hr. 18 min. ago Related News

16 States With the Lowest Or No Sales Tax

In this article, we will look at the 16 states with the lowest or no sales tax. If you want to skip our detailed analysis, you can go directly to the 5 States With the lowest Or No Sales Tax. US Sales Tax The US tax system stands out among OECD countries because of its […] In this article, we will look at the 16 states with the lowest or no sales tax. If you want to skip our detailed analysis, you can go directly to the 5 States With the lowest Or No Sales Tax. US Sales Tax The US tax system stands out among OECD countries because of its tax structure. The highest contributors to the US tax revenue are individual income taxes and social security contributions, with a share of 42.1% and 23.8% respectively. The US tax system relies heavily on income and property taxes, compared to the other developed nations. However, it avoids consumption taxes such as VAT. Instead, it relies on state and local sales tax, with relatively lower rates but broader bases. Retail sales taxes are a crucial part of the tax revenue of the states. It accounts for 16.6% of the total tax revenue, compared to the OECD average of 32.2%. A total of 45 US states and the District of Columbia implement state-level sales tax, however, 38 states impose local sales taxes as well. As of January 2024, California holds the highest statewide sales tax rate of 7.25%, followed by four states with tax rates of 7%. Five states in the country do not impose sales tax, except Alaska as it does not impose statewide sales tax but has a local tax rate of 1.82%. Colorado has the lowest statewide sales tax rate of 2.9%. The local sales tax rates for the top five states remain unchanged, with Alabama having the highest local tax rate of 5.29%. States such as Minnesota and Wisconsin witnessed a decline in rankings since July 2023, because of the local tax hikes in major cities. The local tax rate increased in the states due to an increase of 1% in the rates of the seven-county Twin Cities metro area in Minnesota and a 2% increase in the tax rates in Milwaukee, Wisconsin. The local sales tax rates increased in states such as California, Maine, New Mexico, Ohio, and Illinois among others, due to the competitive tax rates increase in peer states. Tax Services Companies in the US Tax services providers play a crucial role in streamlining the challenges of the US tax systems by providing innovative products and services. Some of the leading tax services providers in the US include Intuit Inc. (NASDAQ:INTU), CBIZ, Inc. (NYSE:CBZ), and H&R Block, Inc. (NYSE:HRB). Intuit Inc. (NASDAQ:INTU) is a leading technology company, specializing in financial solutions. The company owns the leading software package, TurboTax, that provides tax preparation services. On January 8, the company announced that TurboTax is now integrated with Credit Karma and Quickbooks products. This will allow the customers to access seamless tax filing services. Members of Credit Karma can now directly file their taxes using the app, with options such as self-filing, assisted fling, and expert help available. Moreover, users can get their refund quickly through Credit Karma Money. Online customers of QuickBooks can also file their business taxes using the platform. This update by Intuit Inc. (NASDAQ:INTU) aims to make the tax filing process convenient and potentially increase refunds for users. CBIZ, Inc. (NYSE:CBZ) is an accounting firm in the US, that offers tax, consultation, and advisory services. On February 7, the company announced that it had acquired the leading tax and accounting company, Erickson, Brown & Kloster (EBK) in Colorado. This move will expand CBIZ, Inc.’s (NYSE:CBZ) operations in Denver. EBK generated around $8.9 million in revenue in 2023 and has a workforce of 50 employees. These factors combined will strengthen the capabilities and offerings of CBIZ, Inc. (NYSE:CBZ). H&R Block, Inc. (NYSE:HRB) is a major tax preparation services company, operating in North America and Australia. On December 14, 2023, the company announced the launch of its generative AI assistant, H&R Block AI Tax Assist, designed to navigate the tax preparation process for individuals, self-employed, and small businesses. Developed with the company’s expertise of over 70 years, the AI aims to offer real-time and reliable assistance for tax filing, supported by the 100% guarantee of H&R Block, Inc. (NYSE:HRB). The AI assistant utilizes data from the company’s top-class institute, The Tax Institute, and has over 60,000 professionals catering to the filers’ needs regarding US and state tax laws. With this context, let’s explore the 16 states with the lowest or no sales tax 16 States With the Lowest Or No Sales Tax Methodology To compile our list of the 16 states with the lowest or no sales tax, we consulted the January 2024 report by Tax Foundation, which provides the latest state sales tax, local sales tax, and the combined sales tax rates of all the US states. We have ranked the US states in ascending order of their latest 2024 combined sales tax rates, and have listed both state and local sales tax rates for each state. We utilized the state-wise population estimates of 2023, sourced from the US Census Bureau, to break the tie between states having the same combined sales tax rates. By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders. 16 States With the Lowest Or No Sales Tax 16. Massachusetts State Sales Tax Rate (2024): 6.25% Average Local Sales Tax Rate (2024): 0% Combined Sales Tax Rate (2024): 6.25% Population (2023): 7,001,399 Massachusetts is ranked among the states with the lowest or no sales tax. The state has a state-wide sales tax rate of 6.25%, as of January 2024. The state does not impose local sales tax. The population of the state is 7,001,399, as of 2023. 15. South Dakota State Sales Tax Rate (2024): 4.20% Average Local Sales Tax Rate (2024): 1.91% Combined Sales Tax Rate (2024): 6.11% Population (2023): 919,318 Ranked 15th on our list, South Dakota has a state sales tax rate of 4.2% and an average sales tax rate of 1.91%, as reported by the Tax Foundation. The population of the state is 919,318, as of 2023. 14. Idaho State Sales Tax Rate (2024): 6% Average Local Sales Tax Rate (2024): 0.03% Combined Sales Tax Rate (2024): 6.03% Population (2023): 1,964,726 Idaho is one of the US states with the lowest sales tax. As of January 2024, it has a statewide sales tax of 6%. The state, however, has a nearly 0% local tax rate. Its population is 1,964,726, as of 2023. 13. Kentucky State Sales Tax Rate (2024): 6% Average Local Sales Tax Rate (2024): 0% Combined Sales Tax Rate (2024): 6% Population (2023): 4,526,154 Kentucky is ranked among the states with the lowest or no sales tax. The state has a statewide sales tax rate of 6%, as of January 2024. The state does not impose local sales tax. The population of the state is 4,526,154, as of 2023. 12. Maryland State Sales Tax Rate (2024): 6%  Average Local Sales Tax Rate (2024): 0% Combined Sales Tax Rate (2024): 6% Population (2023): 6,180,253 Maryland ranks 12th on our list. The state levies a statewide sales tax rate of 6%. However, it does not impose local sales tax. As of 2023, the state has a total population of 6,180,253, as of 2023. 11. Michigan State Sales Tax Rate (2024): 6% Average Local Sales Tax Rate (2024): 0% Combined Sales Tax Rate (2024): 6% Population (2023): 10,037,261 Michigan is one of the US states with the lowest sales tax. As of January 2024, it has a statewide sales tax of 6%. The state, however, does not implement local tax rates. According to the US Census Bureau, its population is 10,037,261, as of 2023 10. Virginia State Sales Tax Rate (2024): 5.30% Average Local Sales Tax Rate (2024): 0.47% Combined Sales Tax Rate (2024): 5.77% Population (2023): 8,715,698 Virginia is ranked among the states with the lowest or no sales tax. The state has a statewide sales tax rate of 5.3% and a local tax rate of 0.47%, as of January 2024. The population of the state is 8,715,698, as of 2023. 9. Wisconsin State Sales Tax Rate (2024): 5% Average Local Sales Tax Rate (2024): 0.70% Combined Sales Tax Rate (2024): 5.70% Population (2023): 5,910,955 Wisconsin ranks 9th on our list. The state imposes a statewide sales tax rate of 5% and a local sales tax rate of 0.7%. As of 2023, the state has a total population of 5,910,955, as of 2023. 8. Maine State Sales Tax Rate (2024): 5.5% Average Local Sales Tax Rate (2024): 0% Combined Sales Tax Rate (2024): 5.50% Population (2023): 1,395,722 Maine is one of the US states with the lowest sales tax. As of January 2024, it has a statewide sales tax of 5.5%. The state, however, does not implement local tax rates. Its population is 1,395,722, as of 2023 7. Wyoming State Sales Tax Rate (2024): 4% Average Local Sales Tax Rate (2024): 1.44% Combined Sales Tax Rate (2024): 5.44% Population (2023): 584,057 Wyoming ranks 7th on our list. The state charges a statewide sales tax rate of 4% and a local sales tax rate of 1.44%, as of January 2024. The state has a total population of 584,057, as of 2023. 6. Hawaii State Sales Tax Rate (2024): 4% Average Local Sales Tax Rate (2024): 0.50% Combined Sales Tax Rate (2024): 4.50% Population (2023): 1,435,138 Hawaii is ranked among the states with the lowest or no sales tax. The state has a statewide sales tax rate of 4% and a local tax rate of 0.5%, as of January 2024. According to the US Census Bureau, the population of the state is 1,435,138, as of 2023. Click here to see 5 States with the Lowest Or No Sales Tax. Suggested Articles: COVID-19 Stimulus Checks and 10 Other Things to Know About US Expat Taxes 13 Overlooked Tax Deductions for Retirees That Could Save Them Money 12 Best NYSE Penny Stocks To Buy Disclosure: None. 16 States with the Lowest Or No Sales Tax is originally published on Insider Monkey......»»

Category: topSource: INSIDERMONKEY1 hr. 18 min. ago Related News

5 Legit Reasons to Back Out of a Home Purchase

In this article, we will take a look at the 5 legit reasons to back out of a home purchase. If you wish to see our detailed analysis, you can go to 14 Legit Reasons to Back Out of a Home Purchase. 5. Agreed Upon Terms for Improvements or Repairs Not Met This is another […] In this article, we will take a look at the 5 legit reasons to back out of a home purchase. If you wish to see our detailed analysis, you can go to 14 Legit Reasons to Back Out of a Home Purchase. 5. Agreed Upon Terms for Improvements or Repairs Not Met This is another repair-related legit reason that convinces buyers to exit the home-buying process. The buyer can choose to back out of a house purchase if the repairs that were included in the purchase agreement have not been done by the seller......»»

Category: topSource: INSIDERMONKEY1 hr. 18 min. ago Related News

14 Legit Reasons to Back Out of a Home Purchase

In this article, we will be navigating through the 14 legit reasons to back out of a home purchase. If you wish to skip our detailed analysis, you can move directly to the 5 Legit Reasons to Back Out of a Home Purchase. Calling Off a Home Purchase The home-buying process can be overwhelming for […] In this article, we will be navigating through the 14 legit reasons to back out of a home purchase. If you wish to skip our detailed analysis, you can move directly to the 5 Legit Reasons to Back Out of a Home Purchase. Calling Off a Home Purchase The home-buying process can be overwhelming for many. Although this process is expected to be mutually beneficial for all parties involved such as the buyer, the seller, and the real estate agent, there are many potential problems that can make the buyer call off the deal. A bright side to the probable problems is the presence of several contingencies that can help the buyer exit the deal without incurring a loss. A basic contingency in this regard is the inspection contingency which gives the buyer an opportunity to undertake an inspection of the property within a specified time period. In case the inspection reveals major problems, the buyer can back out of the contract. Based on the terms of the inspection contingency, the buyer can either leave the purchase and get the earnest money back or request the repair required. The final outcome will finally depend on whether the seller agrees to make the repairs or not. Financial burden and affordability issues tend to be a core limiting factor for homebuyers since many of them rely on some sort of financing. You can take a look at the cities where you can buy a home for under 300k. Addressing the financial constraints, the mortgage contingency gives the buyer some time to secure financing for the home purchase. This serves as a sense of relief since the buyer can simply back out if the lender refuses to give the money due to any circumstances. These circumstances will be discussed later as reasons to back out of a home purchase on our list. Some of the biggest mortgage companies in the US have also been covered. The buyer can escape any legal consequences in case of a home sale contingency as well. This is when the buyer is dependent on the sale of an existing house to proceed with the purchase of the new one. Apart from protecting the buyer’s interests, contingency clauses also support the seller. For instance, the kick-out clause gives the seller the right to keep marketing the house to other buyers and to sell the house to a better buyer if the current buyer doesn’t remove the aforementioned house sale contingency within a specific time. Leading Homebuilders Providing Decent Options Despite the risks associated with the purchase of a house which can make the buyer call it off, homebuilders across the US tend to facilitate a smooth home-buying process. Some of these include  Lennar Corporation (NYSE:LEN), KB Home (NYSE:KBH), and PulteGroup, Inc. (NYSE:PHM). Other large homebuilders in the US have also been previously covered. Lennar Corporation (NYSE:LEN) is an American home construction company that constructs affordable, move-up, and active adult homes primarily under the Lennar brand name. It also engages in the development of high-quality multifamily rental properties. On February 16, Lennar Corporation (NYSE:LEN) reported that home sales in its new single-family community ‘Stonehill Manor’ will commence in March. Due to the positioning of the community, residents can easily commute to downtown Fort Myers. Popular beaches in the region can also be accessed. KB Home (NYSE: KBH) is one of the largest home builders in the United States. The company focuses on fostering interpersonal relationships with its customers by building homes unique to each customer based on their budget. On February 9, KB Home (NYSE: KBH) reported the grand opening of its new community in Buckeye, Arizona. The community ‘Mystic Vista Traditions’ allows residents to seek employment options in the Phoenix area. Outdoor recreation can also be undertaken at the Skyline Regional Park and Estrella Mountain Regional Park. Pricing for the new home starts from the low $300,000s. PulteGroup, Inc. (NYSE:PHM) is an American residential home construction company. The firm operates Pulte Homes which constructs consumer-inspired homes in more than 40 markets across the US. On February 15, PulteGroup, Inc. (NYSE:PHM) reported the grand opening of Rookery Lane at Concord, a new Boston area community. Those who wish to live in the community can conveniently access Boston and Concord. Nearby hiking trails and parks can also be visited. Prices for the new homes begin at $1,339,995. Without further ado, let’s move to the 14 legit reasons to back out of a home purchase. 14 Legit Reasons to Back Out of a Home Purchase Our Methodology: In order to compile a list of the 14 legit reasons to back out of a home purchase, we carried out a comprehensive consensus. We sifted through more than 10 sources to gather all the valid reasons that make home buyers walk away from the home-buying process. All the reasons that were most commonly cited have been ranked in our list based on their common appearance across our sources. By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders. 14 Legit Reasons to Back Out of a Home Purchase 14. Disputed Boundary Lines Disputed boundary lines are one of the reasons to back out of a home purchase. If the land survey reveals that the boundary measurements are different than what was originally disclosed, the buyer can choose to walk away from the deal. This is because buyers expect the property details to be legit in the first place. 13. An Option Period In contracts where an option period is included, the buyer can back out within this period without any penalty or reason. Hence, this temporary time period can allow the buyer to leave the home-buying process. 12. Agent Pressures into Making an Offer If the buyer feels like the real estate agent is unnecessarily placing pressure to make an offer, the decision to back out of the home purchase can be taken. This is a precaution that helps the buyer avoid any problems that can potentially arise in the future from a purchase made under pressure and in a hurry. 11. Seller Denies Extension in the Due-Diligence Period During the due diligence period agreed upon by the parties, the buyer can carry out an appraisal or inspection of the property. If the seller doesn’t extend the due diligence period and the buyer is not yet satisfied with the evaluation of the property, he can back out of the purchase. This is because the buyer demands more time to make an informed decision regarding the home purchase in this case. 10. Unaffordability in Case of Monthly Mortgage Payments The mortgage rate can even fluctuate after the pre-approval. In case the rate goes up, the monthly mortgage payments also increase which can raise affordability concerns for the buyer. Hence, the lack of affordability of monthly mortgage payments is one of the legit reasons to back out of a home purchase.  9. Local Zoning Restrictions Many times, the buyer has plans to upgrade the house in the future, However, the local zoning restrictions might now allow the buyer to do so. In this case, the imposed restrictions become the buyer’s reason to walk away from the deal. 8. Title Issues A transparent title transfer can be halted by various issues. The legal document of the property might have an error that needs to be fixed to move forward with the deal. In case the seller has some debt that he has not paid, a lien can also be filed against the property. Another common issue in this regard is missing heirs who tend to have ownership of the property. 7. Change in Employment Status Sometimes, the buyer gets subjected to unpredictable circumstances such as the loss of a job. Such events might not allow the buyer any financing. Since financing tends to be a primary factor for many home buyers, the declined loan will make the buyer back out of the home purchase. Hence, a change in employment status is one of the reasons behind exiting the home-buying process. 6. Denied Loan Financing In case the buyer is denied the loan and is unable to secure the financing even after the pre-approval, a loan contingency allows the buyer to back out of the home purchase. This denial could be due to a change in the financial situation of the buyer due to which the lender denies the final loan. Click to continue reading and see 5 Legit Reasons to Back Out of a Home Purchase. Suggested articles: Top 15 Countries for Dental Tourism 15 Countries with the Best Healthcare in Europe 15 Countries with Highest Economic Mobility in the World Disclosure: None. 14 Legit Reasons to Back Out of a Home Purchase is originally published on Insider Monkey......»»

Category: topSource: INSIDERMONKEY1 hr. 18 min. ago Related News

Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks

This article presents an overview of the Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. For a detailed overview of such stocks, read our article, Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. 5. Vertiv Holdings Co (NYSE:VRT) Number of Hedge Fund Investors: 75 Jim Cramer is highly bullish on data center company Vertiv Holdings Co (NYSE:VRT). In a […] This article presents an overview of the Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. For a detailed overview of such stocks, read our article, Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. 5. Vertiv Holdings Co (NYSE:VRT) Number of Hedge Fund Investors: 75 Jim Cramer is highly bullish on data center company Vertiv Holdings Co (NYSE:VRT). In a latest program Cramer said that Vertiv Holdings Co (NYSE:VRT) is “one of the great performers of our time.” Cramer said that last year the stock was one of the best performers. Vertiv Holdings Co (NYSE:VRT) shares gained about 277% over the past one year. Vertiv Holdings Co (NYSE:VRT) on February 21 posted fourth quarter results. Adjusted EPS in the period came in at $0.56, beating estimates by $0.03. Revenue in the quarter jumped 12.7% year over year to $1.87 billion, missing estimates by $0.03. ClearBridge Select Strategy made the following comment about Vertiv Holdings Co (NYSE:VRT) in its Q3 2023 investor letter: “Performance was boosted in the quarter by the Strategy’s more economically-sensitive holdings among steady compounders and evolving opportunities. Vertiv Holdings Co (NYSE:VRT), a leader in power and thermal management for data centers, saw its shares rerate on strong data center demand and enthusiasm for AI-related technology. The company’s new management has kept cost inflation under control while maintaining strong orders and backlog, resulting in improved margins and its best free cash flow generation to date.”.....»»

Category: topSource: INSIDERMONKEY4 hr. 14 min. ago Related News

Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks

In this article, we will take a detailed look at Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. For a quick overview of such stocks, read our article Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. After NVIDIA Corp (NASDAQ:NVDA) posted another monster quarter, a jubilant Jim Cramer praised the company’s CEO Jensen Huang and went on to […] In this article, we will take a detailed look at Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. For a quick overview of such stocks, read our article Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. After NVIDIA Corp (NASDAQ:NVDA) posted another monster quarter, a jubilant Jim Cramer praised the company’s CEO Jensen Huang and went on to “grade” the Magnificent Seven stocks based on their earnings performance in a latest program on CNBC. Cramer said he wanted to see which stocks in the Mag. 7 group deserve the praise and a role in the “trillion dollar chase” and which companies “might be pretenders.” Cramer called NVIDIA Corp (NASDAQ:NVDA) CEO Huang the “Taylor Swift” of business and a “long-term visionary.” Jim Cramer “Grades” Magnificent Seven Stocks After Earnings Jim Cramer also praised Amazon.com Inc (NASDAQ:AMZN) and said there was a time when the market was starting to think Amazon.com Inc (NASDAQ:AMZN)’s growth might be slowing down but the company did an excellent job by spending money to improve its delivery service. Cramer also said Amazon.com Inc (NASDAQ:AMZN)’s advertising business is “on fire” and AWS is back to double digit growth. Jim Cramer is also bullish on Meta Platforms and said he thinks WhatsApp has a $100 billion valuation. Regarding Microsoft, Cramer said you don’t have to “worry about this one” as he thinks Microsoft’s Cloud business is “smoking hot.” Jim Cramer’s thoughts on Apple Inc (NASDAQ:AAPL) are mixed in the short-term as he believes China “remains an issue.” However, Cramer is bullish on Apple Vision Pro and also likes strong iPhone sales. Jim Cramer repeated his “own it don’t trade it” mantra for Apple Inc (NASDAQ:AAPL). Jim Cramer is in a wait-and-see mode on Alphabet because he was disappointed with the company’s advertising business. Cramer said while Meta and Amazon.com Inc (NASDAQ:AMZN) thrived in their ads business, Alphabet failed to impress, and the fact that YouTube and Search business of Alphabet are based on ads business worries him. Lastly, Tesla is the weakest company in the Mag. 7 group of stocks according to Jim Cramer as the CNBC host yet again pitched Eli Lilly as its replacement in the group. However, Cramer said that a single quarter should not make or break a stock and he believes in long-term approach in investing. Methodology For this article we watched several latest programs of Jim Cramer and picked 10 stocks he’s recommending investors to buy. We have also mentioned hedge fund sentiment for these stocks. Why? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). 10. MPLX LP (NYSE:MPLX) Number of Hedge Fund Investors: 9 A questioner recently asked Jim Cramer about his thoughts on midstream energy infrastructure company MPLX LP (NYSE:MPLX). Cramer said “I like it very much.” Cramer said he was telling some “colleagues” recently that “these master limited partnership pipelines are very good.” Cramer said that MPLX LP (NYSE:MPLX) is “like a fixed income bond.” Insider Monkey’s database of 933 hedge funds shows that just nine hedge funds had stakes in MPLX LP (NYSE:MPLX). Last month MPLX LP (NYSE:MPLX) posted fourth quarter results. GAAP EPS in the period came in at $1.10 beating estimates by $0.17. Revenue in the period jumped 11.7% year over year to $2.97 billion, surpassing estimates by $120 million. 9. Affirm Holdings Inc (NASDAQ:AFRM) Number of Hedge Fund Investors: 31 Fintech company known for buy now pay later solutions Affirm Holdings Inc (NASDAQ:AFRM) is one of the top Jim Cramer stock picks as of February 2024. Cramer recently said in a program that “you’ve got a winner with Affirm.” Cramer said that Levchin (Max Levchin, the founder of Affirm) is “constantly underrated.” He said that people don’t understand that the “guy has got passion.” Cramer said that “they keep thinking” Affirm Holdings Inc (NASDAQ:AFRM) is going to “bust” but “they are wrong.” As of the end of the fourth quarter of 2023, 31 hedge funds tracked by Insider Monkey had stakes in Affirm Holdings Inc (NASDAQ:AFRM). The biggest stakeholder of Affirm Holdings Inc (NASDAQ:AFRM) during this period was D. E. Shaw which had a $461 million stake in Affirm Holdings Inc (NASDAQ:AFRM). 8. Zscaler Inc (NASDAQ:ZS) Number of Hedge Fund Investors: 48 Zscaler Inc (NASDAQ:ZS) is one of the stocks Jim Cramer recently recommended investors to buy in 2024. Answering a question about Zscaler Inc (NASDAQ:ZS), Cramer praised Zscaler’s Zero Trust security platform and said the stock is a “good one” to buy. Zscaler Inc (NASDAQ:ZS) shares are down by about 11% over the past one month and Jim Cramer believes this dip is an opportunity to buy the stock. Like Zscaler, Cramer also loves Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN) and  NVIDIA Corp (NASDAQ:NVDA). As of the end of the fourth quarter of 2023, 48 hedge funds out of the 933 funds in Insider Monkey’s database had stakes in Zscaler Inc (NASDAQ:ZS). The most notable stakeholder of Zscaler Inc (NASDAQ:ZS) was D E Shaw which had a $268 million stake in Zscaler Inc (NASDAQ:ZS). Artisan Mid Cap Fund made the following comment about Zscaler, Inc. (NASDAQ:ZS) in its Q3 2023 investor letter: “Notable trims in the quarter included Zscaler, Inc. (NASDAQ:ZS), BioNTech and Ingersoll Rand. Zscaler provides cloud-based Internet security solutions. In the quarter, it announced solid financial results including 43% revenue growth and 38% growth in billings, which were both ahead of expectations. We believe the dual trends of rising security vulnerability and increased enterprise digitization will lead to sustained demand, even in a recession. Cybersecurity remains a top concern for businesses and governments as cyberattacks can have devastating financial and reputational consequences. Meanwhile, managing the security needs of legacy on-premise applications, a growing number of cloud-based applications (e.g., Office 365 and Salesforce) and more remote workers than before the pandemic make operating IT infrastructures increasingly complex. The stock has been a top performer this year, and we decided to trim the position based on valuation considerations.” 7. General Dynamics Corp (NYSE:GD) Number of Hedge Fund Investors: 49 A caller asked Jim Cramer about his thoughts on General Dynamics Corp (NYSE:GD) during his program on CNBC. Cramer recommended the investor to “stick with” the stock and said: “Oh, I love that CEO.” Cramer said that General Dynamics Corp (NYSE:GD) is not expensive. He also said “problems overseas” (a reference to the geopolitical situation) are expected to bode well for the stock. As of the end of the fourth quarter of 2023, 49 hedge funds out of the 933 hedge funds in Insider Monkey’s database had stakes in General Dynamics Corp (NYSE:GD). The biggest stakeholder of General Dynamics Corp (NYSE:GD) during this period was James A. Star’s Longview Asset Management with a $7.3 billion stake. 6. Home Depot Inc (NYSE:HD) Number of Hedge Fund Investors: 70 Jim Cramer was not impressed with Home Depot Inc’s (NYSE:HD) numbers for the fourth quarter where comp. sales fell 3.5% during the period (still better than a 3.6% expected decline) and sales per retail square foot dropped 3.6% to $550.50.  But Cramer recommended investors to hold on to Home Depot Inc (NYSE:HD) and wait for the turnaround which he believes is around the corner. “Sure, the quarter wasn’t great, but the conference call commentary I found encouraging, which is why I’m willing to be patient and hold on to Home Depot. Remember, you can’t wait for the actual turn, you have to get in ahead of time or you’ll miss the move.” Jim Cramer also thinks Home Depot Inc (NYSE:HD) shares can gain in the future on the back of the “spring planting season, which is like Christmas for any retailer with a gardening business.” In addition to Home Depot Inc (NYSE:HD), Jim Cramer is also bullish on Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN) and NVIDIA Corp (NASDAQ:NVDA). ClearBridge Sustainability Leaders Strategy made the following comment about The Home Depot, Inc. (NYSE:HD) in its Q3 2023 investor letter: “The Home Depot, Inc. (NYSE:HD) has long been a leader in advancing sustainable forestry, and its wood products can have a significant impact, as timber rates at the top of high-risk commodities responsible for most agriculture-related deforestation (Exhibit 3). The home improvement retailer adopted its first wood purchasing policy in 1999, pledging to give preference to sustainably sourced wood and to eliminate wood purchases from endangered regions around the world. Biodiversity-boosting efforts at Home Depot have included tracing the origin of all the wood products it sells. This forms part of the process of verifying sustainable production, which it does using the certification standards of the Forest Stewardship Council (FSC). Since 2000 Home Depot has developed programs to purchase FSC wood products, such as doors, boards and patio furniture, from over 60 global suppliers. It has also moved more than 90% of its cedar purchases to second-and third-growth forests, with the rest coming from areas with local community stakeholder review.”   Click to continue reading and see Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks.   Suggested Articles: Jim Cramer’s 11 Latest Stock Picks Jim Cramer Says You Should Stay Away from These 10 Stocks Jim Cramer is Bearish on These 12 Stocks Disclosure. None. Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks was initially published on Insider Monkey......»»

Category: topSource: INSIDERMONKEY4 hr. 14 min. ago Related News

Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks

This article presents an overview of the Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. For a detailed overview of such stocks, read our article, Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. 5. Vertiv Holdings Co (NYSE:VRT) Number of Hedge Fund Investors: 75 Jim Cramer is highly bullish on data center company Vertiv Holdings Co (NYSE:VRT). In a […] This article presents an overview of the Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. For a detailed overview of such stocks, read our article, Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. 5. Vertiv Holdings Co (NYSE:VRT) Number of Hedge Fund Investors: 75 Jim Cramer is highly bullish on data center company Vertiv Holdings Co (NYSE:VRT). In a latest program Cramer said that Vertiv Holdings Co (NYSE:VRT) is “one of the great performers of our time.” Cramer said that last year the stock was one of the best performers. Vertiv Holdings Co (NYSE:VRT) shares gained about 277% over the past one year. Vertiv Holdings Co (NYSE:VRT) on February 21 posted fourth quarter results. Adjusted EPS in the period came in at $0.56, beating estimates by $0.03. Revenue in the quarter jumped 12.7% year over year to $1.87 billion, missing estimates by $0.03. ClearBridge Select Strategy made the following comment about Vertiv Holdings Co (NYSE:VRT) in its Q3 2023 investor letter: “Performance was boosted in the quarter by the Strategy’s more economically-sensitive holdings among steady compounders and evolving opportunities. Vertiv Holdings Co (NYSE:VRT), a leader in power and thermal management for data centers, saw its shares rerate on strong data center demand and enthusiasm for AI-related technology. The company’s new management has kept cost inflation under control while maintaining strong orders and backlog, resulting in improved margins and its best free cash flow generation to date.”.....»»

Category: topSource: INSIDERMONKEY4 hr. 14 min. ago Related News

Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks

In this article, we will take a detailed look at Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. For a quick overview of such stocks, read our article Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. After NVIDIA Corp (NASDAQ:NVDA) posted another monster quarter, a jubilant Jim Cramer praised the company’s CEO Jensen Huang and went on to […] In this article, we will take a detailed look at Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks. For a quick overview of such stocks, read our article Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks. After NVIDIA Corp (NASDAQ:NVDA) posted another monster quarter, a jubilant Jim Cramer praised the company’s CEO Jensen Huang and went on to “grade” the Magnificent Seven stocks based on their earnings performance in a latest program on CNBC. Cramer said he wanted to see which stocks in the Mag. 7 group deserve the praise and a role in the “trillion dollar chase” and which companies “might be pretenders.” Cramer called NVIDIA Corp (NASDAQ:NVDA) CEO Huang the “Taylor Swift” of business and a “long-term visionary.” Jim Cramer “Grades” Magnificent Seven Stocks After Earnings Jim Cramer also praised Amazon.com Inc (NASDAQ:AMZN) and said there was a time when the market was starting to think Amazon.com Inc (NASDAQ:AMZN)’s growth might be slowing down but the company did an excellent job by spending money to improve its delivery service. Cramer also said Amazon.com Inc (NASDAQ:AMZN)’s advertising business is “on fire” and AWS is back to double digit growth. Jim Cramer is also bullish on Meta Platforms and said he thinks WhatsApp has a $100 billion valuation. Regarding Microsoft, Cramer said you don’t have to “worry about this one” as he thinks Microsoft’s Cloud business is “smoking hot.” Jim Cramer’s thoughts on Apple Inc (NASDAQ:AAPL) are mixed in the short-term as he believes China “remains an issue.” However, Cramer is bullish on Apple Vision Pro and also likes strong iPhone sales. Jim Cramer repeated his “own it don’t trade it” mantra for Apple Inc (NASDAQ:AAPL). Jim Cramer is in a wait-and-see mode on Alphabet because he was disappointed with the company’s advertising business. Cramer said while Meta and Amazon.com Inc (NASDAQ:AMZN) thrived in their ads business, Alphabet failed to impress, and the fact that YouTube and Search business of Alphabet are based on ads business worries him. Lastly, Tesla is the weakest company in the Mag. 7 group of stocks according to Jim Cramer as the CNBC host yet again pitched Eli Lilly as its replacement in the group. However, Cramer said that a single quarter should not make or break a stock and he believes in long-term approach in investing. Methodology For this article we watched several latest programs of Jim Cramer and picked 10 stocks he’s recommending investors to buy. We have also mentioned hedge fund sentiment for these stocks. Why? Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). 10. MPLX LP (NYSE:MPLX) Number of Hedge Fund Investors: 9 A questioner recently asked Jim Cramer about his thoughts on midstream energy infrastructure company MPLX LP (NYSE:MPLX). Cramer said “I like it very much.” Cramer said he was telling some “colleagues” recently that “these master limited partnership pipelines are very good.” Cramer said that MPLX LP (NYSE:MPLX) is “like a fixed income bond.” Insider Monkey’s database of 933 hedge funds shows that just nine hedge funds had stakes in MPLX LP (NYSE:MPLX). Last month MPLX LP (NYSE:MPLX) posted fourth quarter results. GAAP EPS in the period came in at $1.10 beating estimates by $0.17. Revenue in the period jumped 11.7% year over year to $2.97 billion, surpassing estimates by $120 million. 9. Affirm Holdings Inc (NASDAQ:AFRM) Number of Hedge Fund Investors: 31 Fintech company known for buy now pay later solutions Affirm Holdings Inc (NASDAQ:AFRM) is one of the top Jim Cramer stock picks as of February 2024. Cramer recently said in a program that “you’ve got a winner with Affirm.” Cramer said that Levchin (Max Levchin, the founder of Affirm) is “constantly underrated.” He said that people don’t understand that the “guy has got passion.” Cramer said that “they keep thinking” Affirm Holdings Inc (NASDAQ:AFRM) is going to “bust” but “they are wrong.” As of the end of the fourth quarter of 2023, 31 hedge funds tracked by Insider Monkey had stakes in Affirm Holdings Inc (NASDAQ:AFRM). The biggest stakeholder of Affirm Holdings Inc (NASDAQ:AFRM) during this period was D. E. Shaw which had a $461 million stake in Affirm Holdings Inc (NASDAQ:AFRM). 8. Zscaler Inc (NASDAQ:ZS) Number of Hedge Fund Investors: 48 Zscaler Inc (NASDAQ:ZS) is one of the stocks Jim Cramer recently recommended investors to buy in 2024. Answering a question about Zscaler Inc (NASDAQ:ZS), Cramer praised Zscaler’s Zero Trust security platform and said the stock is a “good one” to buy. Zscaler Inc (NASDAQ:ZS) shares are down by about 11% over the past one month and Jim Cramer believes this dip is an opportunity to buy the stock. Like Zscaler, Cramer also loves Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN) and  NVIDIA Corp (NASDAQ:NVDA). As of the end of the fourth quarter of 2023, 48 hedge funds out of the 933 funds in Insider Monkey’s database had stakes in Zscaler Inc (NASDAQ:ZS). The most notable stakeholder of Zscaler Inc (NASDAQ:ZS) was D E Shaw which had a $268 million stake in Zscaler Inc (NASDAQ:ZS). Artisan Mid Cap Fund made the following comment about Zscaler, Inc. (NASDAQ:ZS) in its Q3 2023 investor letter: “Notable trims in the quarter included Zscaler, Inc. (NASDAQ:ZS), BioNTech and Ingersoll Rand. Zscaler provides cloud-based Internet security solutions. In the quarter, it announced solid financial results including 43% revenue growth and 38% growth in billings, which were both ahead of expectations. We believe the dual trends of rising security vulnerability and increased enterprise digitization will lead to sustained demand, even in a recession. Cybersecurity remains a top concern for businesses and governments as cyberattacks can have devastating financial and reputational consequences. Meanwhile, managing the security needs of legacy on-premise applications, a growing number of cloud-based applications (e.g., Office 365 and Salesforce) and more remote workers than before the pandemic make operating IT infrastructures increasingly complex. The stock has been a top performer this year, and we decided to trim the position based on valuation considerations.” 7. General Dynamics Corp (NYSE:GD) Number of Hedge Fund Investors: 49 A caller asked Jim Cramer about his thoughts on General Dynamics Corp (NYSE:GD) during his program on CNBC. Cramer recommended the investor to “stick with” the stock and said: “Oh, I love that CEO.” Cramer said that General Dynamics Corp (NYSE:GD) is not expensive. He also said “problems overseas” (a reference to the geopolitical situation) are expected to bode well for the stock. As of the end of the fourth quarter of 2023, 49 hedge funds out of the 933 hedge funds in Insider Monkey’s database had stakes in General Dynamics Corp (NYSE:GD). The biggest stakeholder of General Dynamics Corp (NYSE:GD) during this period was James A. Star’s Longview Asset Management with a $7.3 billion stake. 6. Home Depot Inc (NYSE:HD) Number of Hedge Fund Investors: 70 Jim Cramer was not impressed with Home Depot Inc’s (NYSE:HD) numbers for the fourth quarter where comp. sales fell 3.5% during the period (still better than a 3.6% expected decline) and sales per retail square foot dropped 3.6% to $550.50.  But Cramer recommended investors to hold on to Home Depot Inc (NYSE:HD) and wait for the turnaround which he believes is around the corner. “Sure, the quarter wasn’t great, but the conference call commentary I found encouraging, which is why I’m willing to be patient and hold on to Home Depot. Remember, you can’t wait for the actual turn, you have to get in ahead of time or you’ll miss the move.” Jim Cramer also thinks Home Depot Inc (NYSE:HD) shares can gain in the future on the back of the “spring planting season, which is like Christmas for any retailer with a gardening business.” In addition to Home Depot Inc (NYSE:HD), Jim Cramer is also bullish on Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN) and NVIDIA Corp (NASDAQ:NVDA). ClearBridge Sustainability Leaders Strategy made the following comment about The Home Depot, Inc. (NYSE:HD) in its Q3 2023 investor letter: “The Home Depot, Inc. (NYSE:HD) has long been a leader in advancing sustainable forestry, and its wood products can have a significant impact, as timber rates at the top of high-risk commodities responsible for most agriculture-related deforestation (Exhibit 3). The home improvement retailer adopted its first wood purchasing policy in 1999, pledging to give preference to sustainably sourced wood and to eliminate wood purchases from endangered regions around the world. Biodiversity-boosting efforts at Home Depot have included tracing the origin of all the wood products it sells. This forms part of the process of verifying sustainable production, which it does using the certification standards of the Forest Stewardship Council (FSC). Since 2000 Home Depot has developed programs to purchase FSC wood products, such as doors, boards and patio furniture, from over 60 global suppliers. It has also moved more than 90% of its cedar purchases to second-and third-growth forests, with the rest coming from areas with local community stakeholder review.”   Click to continue reading and see Jim Cramer’s 2024 Portfolio: 5 Latest Stock Picks.   Suggested Articles: Jim Cramer’s 11 Latest Stock Picks Jim Cramer Says You Should Stay Away from These 10 Stocks Jim Cramer is Bearish on These 12 Stocks Disclosure. None. Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks was initially published on Insider Monkey......»»

Category: topSource: INSIDERMONKEY4 hr. 14 min. ago Related News

5 Easiest English-Speaking Countries to Immigrate to from US

In this article, we discuss the 5 Easiest English-Speaking Countries to Immigrate to from US. If you want to check out our detailed analysis, go directly to 15 Easiest English-Speaking Countries to Immigrate to from US. 5. Vietnam Insider Monkey Average Rank: 26.25 With half the population able to demonstrate some level of English proficiency […] In this article, we discuss the 5 Easiest English-Speaking Countries to Immigrate to from US. If you want to check out our detailed analysis, go directly to 15 Easiest English-Speaking Countries to Immigrate to from US. 5. Vietnam Insider Monkey Average Rank: 26.25 With half the population able to demonstrate some level of English proficiency and tourist spots having a high level of communication, Vietnam can be included in the list of countries where English is spoken. The country boasts a very low cost of living, and almost all expats express high satisfaction with their finances in Vietnam. The process of establishing and integrating into the social environment is also quite feasible for immigrants. However, certain obstacles in the form of quality of life and expat essentials have also been experienced. Nevertheless, overall, Vietnam appears as an easy English-speaking choice for US residents to immigrate to......»»

Category: topSource: INSIDERMONKEY6 hr. 17 min. ago Related News

15 Easiest English-Speaking Countries to Immigrate to from US

In this article, we will take a look at 15 Easiest English-Speaking Countries to Immigrate to from the US. You can skip our detailed analysis about language barrier and countries with the greatest share of English-speaking population and go directly to the 5 Easiest English-Speaking Countries to Immigrate to from the US. In the aftermath […] In this article, we will take a look at 15 Easiest English-Speaking Countries to Immigrate to from the US. You can skip our detailed analysis about language barrier and countries with the greatest share of English-speaking population and go directly to the 5 Easiest English-Speaking Countries to Immigrate to from the US. In the aftermath of extensive exposure to multifarious cultures and languages through digital life, stark boundaries between cultures and across countries have been greatly blurred. However, this does not necessarily mean that one has absorbed the deep-rooted nuances of all cultures, becoming immune to diversity and gaining competence over various languages. While the idea of packing bags and making a life-altering decision to move abroad does not seem outrageous based on our remote digital experience, the ground realities of cultural shock and language barriers, among other issues, do indeed exist. Therefore, for US residents hoping to relocate, easy English-speaking countries for immigration would be an ideal situation. Language Barrier Immigrating to a country where the local language is different can be an extremely challenging experience. Regardless of the reason for the move, immigration itself is a grueling process, and complicating it further by adding a communication problem can be debilitating for the immigrant. According to a recent study, language is, in fact, the biggest challenge that expats have to deal with. The inability to communicate properly can have far-reaching adverse impacts on many aspects of life, including work productivity, healthcare, and travel, among others. Immigration to English-Speaking Countries for US Residents Given the relevance of the language barrier in the immigration process, the decision to choose countries where English is spoken seems highly appropriate and achievable, considering the widespread use of the language worldwide. Approximately 1.35 billion people in the world speak English, in which 350 million people speak English as their first language, and more than 430 million people use it as a second language. It is also the most commonly studied foreign language in the world. The European nations account for about 212 million English speakers, and almost all countries in the EU have a fair share of the population speaking the language. In Africa, approximately 237 million people speak English– considering both native and non-native speakers — with the greatest number found in Nigeria. In the Americas region, it is estimated that about 350 million people speak the language. Although many countries in the Caribbean have declared English as their official language, very few people actually speak it properly. While Asia does not have a large number of native speakers, English is spoken as a second or foreign language in many countries, bringing the estimated number to 460 million. In the Oceania region, there are over 30 million people who speak English. Equipped for Language Barrier While choosing to immigrate to an English-speaking country can significantly aid integration into society, it can also be advantageous to learn local languages for smoother immigration. Learning a foreign language can be daunting, especially when dealing with various aspects of immigration after the move. However, in this tech-oriented world, solutions to various problems are only a few clicks away. This holds true for learning a new language as well. Numerous online platforms provide an interactive experience, enabling people to acquire the necessary skills. These include Chegg Inc. (NYSE:CHGG) and Udemy (NASDAQ:UDMY), among others. Chegg Inc. (NYSE: CHGG) is a prominent American education technology company focused on providing students with affordable and accessible study resources. The company recently acquired Busuu, a leading online language learning platform offering 12 different language courses. Chegg Inc. (NYSE: CHGG) has also integrated AI-based learning solutions into their services, aiming to provide a personalized learning assistant for students. Their dedication is evident through the remarkable results, with a 2.2 million solutions increase in automated answers for the month of January 2024 alone. Udemy (NASDAQ: UDMY) is another prominent education technology company, offering an online learning and teaching platform. The platform provides a wide array of language courses, encompassing languages such as French, German, Indonesian, Chinese, Dutch, English, and many more. Here are some comments from Udemy’s (NASDAQ:UDMY) earning’s call for the fourth quarter of 2023, overlooking their performance and strategies: “As a company, we made meaningful progress in 2023. I stepped into the CEO role last February, and we further bolstered our leadership team with new chief marketing, people, and product officers, who all bring deep experience within their respective functions to Udemy. On our Q4 call last year, we laid out our strategic priorities for investors and other stakeholders. I’m proud to say that we delivered on each of those priorities, which included, first, establish Udemy as the platform of choice for professional learners and increasing skills development through new learning modalities. Last year, we significantly grew our learner base, adding 10 million new learners to our platform and more than 1,800 net new Udemy Business customers. We leveraged generative AI technology to create more personalized learning experiences, including capabilities that enable microlearning.” 15 Easiest English-Speaking Countries to Immigrate to from US Methodology To compile this list of the 15 Easiest English-Speaking Countries to Immigrate to from the US, we referenced our lists of the 15 Best Countries to Move to from the US that Speak English and the 20 Best English Speaking Countries to Retire, Live, or Visit. After compiling a list of potential destinations from these sources, we further evaluated them based on their rankings for quality of life index, ease of settlement index, personal finance index, and expat essential index from the Expat Insider Index 2023. This analysis provides insights into how these countries are rated by expats as potential immigration destinations. Rankings of countries on these different pillers from Expat Insider Index were averaged, and the countries were then ranked in descending order of their average rankings, with final rankings adjusted on the basis of average rankings. By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders. Let’s move to our list of 15 Easiest English-Speaking Countries to Immigrate to from US. 15 Easiest English-Speaking Countries to Immigrate to from US 15. Belgium Insider Monkey Average Rank: 33.5 As an English-speaking European nation, residents in Belgium are generally fluent in English. According to expats view, Belgium stands out as an excellent choice for effective financial management and prospects, particularly in terms of housing. While establishing friendships and building a social life might pose some challenges in this country, the overall quality of life is enticing enough to attract numerous expats. 14. France Insider Monkey Average Rank: 31.75 France is among the European states where English is spoken, particularly in major cities like Paris and other urban centers. However, this prevalence decreases in other regions of the country, with an estimated 39% of the French population having some level of proficiency in the language. The country also boasts a high ranking on the quality of life index, particularly in healthcare, making it an attractive destination for many expats. With favorable rankings on ease of settlement and personal finance, France assures a relatively easy overall experience for immigrants. However, expats often express dissatisfaction with bureaucratic processes. Despite this, France stands out as an accessible English-speaking country for immigration in the overall ranking. 13. Cyprus Insider Monkey Average Rank: 31.5 As far as English goes, Cyprus is one of the easiest English-speaking countries to immigrate to from US. The country is also one of the easiest to settle down roots and various essential expat requirements like digital life and housing are also available and affordable. Most expats find Cyprus as a financially reasonable place to live. In the quality of life index, Cyprus has been linked with great healthcare, while safety and environment conditions decrease the rank for this category. 12. Netherlands Insider Monkey Average Rank: 30.5 As a developed nation, Netherlands can provide its immigrants with a good quality of life as well as many essentials required by expats. The safety and security situation in the country is excellent and traveling inside and outside the country is also very easy. Language barrier is not an issue here and dealing with bureaucracy as well as experiencing a digital life is not a problem. While cultural adjustment can take time here, overall the country depicts an easy English-speaking immigration destination from US. 11. Austria Insider Monkey Average Rank: 30.25 Austria, as a country where English is widely spoken, offers a very high quality of life, particularly in healthcare and environmental quality. With a low cost of living, the country facilitates a comfortable lifestyle for immigrants from the US, allowing their disposable income to go a long way. However, expats may encounter challenges in navigating the language barrier, as learning the official language can be somewhat tough. 10. Czechia Insider Monkey Average Rank: 29.75 With a significant proportion of the younger generation proficient in the English language, Czechia possesses qualities that can make it one of the easiest English-speaking countries to immigrate to from the US. The quality of life in the country is quite good, especially in terms of leisure options, travel and transit, and safety and security situation. Expats from the US would find the country meeting their financial needs very adequately. 9. Switzerland Insider Monkey Average Rank: 29 English is commonly spoken in the country, more so in some areas than others. The nation is renowned for its exceptional quality of life, a key factor that attracts expats to consider it as an easy English-speaking immigration destination. With top-rated safety and security rankings, it proves to be a highly feasible choice for relocation. Travel and transit within the country are also quite convenient. While the cost of living is slightly higher than in other European nations, it remains affordable for US expats. 8. Greece Insider Monkey Average Rank: 28 The prevalence of the English language is fairly good in Greece, with about half the country being conversant in it. Expats have reported a high level of satisfaction with their financial situation, attributed to the low cost of living and the ability to stretch disposable income. Greece is considered one of the easiest countries to settle down in, primarily due to the warm and friendly local culture, ensuring an easy integration into society. Overall, Greece presents a favorable option for expats hoping to move to an English-speaking country with ease. 7. Sweden Insider Monkey Average Rank: 27.75 A large proportion of Swedish people, especially the younger generation, are proficient in English. The digital life experience is excellent in the country, bureaucracy is easy to navigate, and the language barrier does not pose significant challenges. The cost of living is low, especially when compared to the US. As with most European countries, immigrants can enjoy a high quality of life. However, certain social elements can make settling down challenging. 6. Estonia Insider Monkey Average Rank: 27.25 For US residents immigrating to this country, several elements make it one of the easiest. English is widely spoken as a second language, and expats would not encounter a lot of red tape. The digital life is also excellent. In addition, immigrants in Estonia can enjoy a high quality of life, especially regarding traveling inside and outside the country, safety and security, as well as the environment and climate situation. Click to continue reading and see our 5 Easiest English-Speaking Countries to Immigrate to from the US. Suggested Articles: 15 Cleanest Countries in Europe 17 Hardest Languages to Learn in the World for Non English Speakers 16 Safe and Affordable Cities in South America for Expats Disclosure: None. 15 Easiest English-Speaking Countries to Immigrate to from the US is originally published on Insider Monkey......»»

Category: topSource: INSIDERMONKEY6 hr. 17 min. ago Related News

5 Best Marijuana Stocks To Invest In

In this article, we discuss 5 best marijuana stocks to invest in. If you want to read our discussion on the cannabis market, head directly to 12 Best Marijuana Stocks To Invest In.  5. Innovative Industrial Properties, Inc. (NYSE:IIPR) Number of Hedge Fund Holders: 11 Innovative Industrial Properties, Inc. (NYSE:IIPR) is a self-advised Maryland REIT […] In this article, we discuss 5 best marijuana stocks to invest in. If you want to read our discussion on the cannabis market, head directly to 12 Best Marijuana Stocks To Invest In.  5. Innovative Industrial Properties, Inc. (NYSE:IIPR) Number of Hedge Fund Holders: 11 Innovative Industrial Properties, Inc. (NYSE:IIPR) is a self-advised Maryland REIT that concentrates on acquiring, owning, and managing specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. (NYSE:IIPR) is one of the best marijuana stocks to buy. On December 15, 2023, the company declared a $1.82 per share quarterly dividend, a 1.1% increase from its prior dividend of $1.80. The dividend was distributed to shareholders on January 12.  According to Insider Monkey’s fourth quarter database, 11 hedge funds were bullish on Innovative Industrial Properties, Inc. (NYSE:IIPR), compared to 16 funds in the prior quarter. Stuart J. Zimmer’s Zimmer Partners is the largest stakeholder of the company, with 950,628 shares worth $95.8 million.  Follow Innovative Industrial Properties Inc (NYSE:IIPR) Follow Innovative Industrial Properties Inc (NYSE:IIPR) or Subscribe with Google We may use your email to send marketing emails about our services. Click here to read our privacy policy......»»

Category: topSource: INSIDERMONKEY7 hr. 46 min. ago Related News

12 Best Marijuana Stocks To Invest In

In this article, we discuss 12 best marijuana stocks to invest in. If you want to skip our discussion on the cannabis market, head over to 5 Best Marijuana Stocks To Invest In.  In 2024, the global cannabis market is poised for substantial growth due to emerging legal markets, innovative products, and technological advancements. The […] In this article, we discuss 12 best marijuana stocks to invest in. If you want to skip our discussion on the cannabis market, head over to 5 Best Marijuana Stocks To Invest In.  In 2024, the global cannabis market is poised for substantial growth due to emerging legal markets, innovative products, and technological advancements. The US cannabis market is expected to significantly expand, with projected retail sales reaching $53.5 billion by 2027, driven by the growth in adult-use cannabis. States like New York are contributing to this growth by finalizing details for approved cannabis programs. The trend towards personalized cannabis products is expected to rise as consumers become more educated, leading companies to tailor products to individual needs. While pre-rolls are projected to remain popular, there is a growing expectation that consumers will increasingly favor craft cannabis products and artisanal flower, despite the enduring demand for low-cost and convenient options. In 2024, the National Cannabis Industry Association predicts the legalization of recreational cannabis in several additional states, but federal legalization remains uncertain, evidenced by the challenges facing the SAFER Banking Act in Congress. The SAFE Banking Act continues to be a significant issue, with potential developments expected in 2024. Potential actions by President Biden may reshape the industry’s regulatory framework, impacting financial reporting and taxation. States such as Maryland, and potentially Pennsylvania and Ohio, could influence regional market dynamics and tax structures. In  November 2023, CNBC quoted Jaret Seiberg, a policy analyst at TD Cowen, who commented:  “Legalization of cannabis is inevitable. It’s just a question of how bumpy the next several years are going to be.” Marijuana-related ETFs experienced a significant surge in September 2023, as investors re-entered the sector following months of declining interest. This upswing was notably substantial, attributed to the U.S. Department of Health and Human Services’ recommendation to ease restrictions on marijuana after a review of its classification under the Controlled Substances Act. The industry, previously constrained by slow federal reform, faced slow growth and losses in recent quarters. Despite marijuana legalization in 39 states, challenges persist due to the Schedule I classification and federal prohibition, limiting access to financing and broader market opportunities. Following the HHS recommendation, Canaccord Genuity analyst Matt Bottomley commented:  “This is effectively a continuation of what’s the most material element in how these stocks trade, which are federal catalysts. Velocity is so much higher on these federal headlines.” On December 26, Boris Jordan, Executive Chairman of CuraLeaf, participated in CNBC’s ‘Fast Money’ to discuss the outlook for the cannabis sector in 2024. Jordan stated that ‘anything will be better than 2023, it was a terrible year’. He listed drivers that impacted the cannabis industry in 2023, including slower growth, higher cost of capital, and regulatory impediments. He said that the regulatory framework is better for 2024, with New York getting on board with adult-use cannabis programs. Florida is also expected to approve adult-use cannabis next year, according to Jordan. In 2024, Jordan observed that the industry’s direction depends on the US Federal Government, whether it moves cannabis from the Schedule 1 to Schedule 3 list, which would free up substantial cash in the sector. He added that currently, the marijuana businesses pay around 70% tax rate, which would then drop to a normal tax rate if the substance is categorized as Schedule 3. This would create a positive business dynamic in the industry and result in growth.  Some of the best marijuana stocks to invest in include The Scotts Miracle-Gro Company (NYSE:SMG), Tilray Brands, Inc. (NASDAQ:TLRY), and Innovative Industrial Properties, Inc. (NYSE:IIPR).  Our Methodology  We chose the top marijuana stocks based on overall hedge fund sentiment toward each stock. We have assessed the hedge fund sentiment from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the fourth quarter of 2023. The list is arranged in ascending order of the number of hedge fund holders in each firm. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).  Pixabay/Public domain Best Marijuana Stocks To Invest In 12. Organigram Holdings Inc. (NASDAQ:OGI) Number of Hedge Fund Holders: 3 Organigram Holdings Inc. (NASDAQ:OGI) is focused on the production and sale of cannabis and cannabis-derived products in Canada. Their product offerings include medical cannabis products such as whole flower, milled flower, pre-rolls, vapes, gummies, and concentrates for medical retailers, as well as adult-use recreational cannabis. Organigram Holdings Inc. (NASDAQ:OGI) reported its revenue for the first fiscal quarter of 2024, which came in at C$36.5 million. As of December 31, 2023, the company had a total cash position of C$54.6 million, consisting of C$41.8 million in unrestricted cash and C$12.8 million in restricted cash. According to Insider Monkey’s fourth quarter database, 3 hedge funds were bullish on Organigram Holdings Inc. (NASDAQ:OGI), compared to 4 funds in the prior quarter. D E Shaw is the largest stakeholder of the company, with 146,500 shares worth $190,116.  Like The Scotts Miracle-Gro Company (NYSE:SMG), Tilray Brands, Inc. (NASDAQ:TLRY), and Innovative Industrial Properties, Inc. (NYSE:IIPR), Organigram Holdings Inc. (NASDAQ:OGI) is one of the best marijuana stocks to invest in.  11. Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Number of Hedge Fund Holders: 5 Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) ranks 11th on our list of the best marijuana stocks. The company is involved in the manufacturing and distribution of controlled environment agriculture equipment and supplies in the United States and Canada. Their product range includes agricultural lighting devices, indoor climate control equipment, nutrients, and plant additives for growing cannabis, flowers, fruits, vegetables, grains, and herbs in controlled environments. Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM)’s Q3 2023 Q3 GAAP EPS came in at -$0.44 and its revenue was $54.2 million. Net sales for full-year 2023 were expected to range between $230 million and $240 million. According to Insider Monkey’s fourth quarter database, 5 hedge funds were bullish on Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM), compared to 6 funds in the earlier quarter. Michael Zimmerman’s Prentice Capital Management is the largest stakeholder of the company, with 464,108 shares worth $425,819.  Here is what Baron Discovery Fund has to say about Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) in its Q4 2021 investor letter: “Our top 10 holdings represented 25.6% of the Fund’s net assets at the end of the fourth quarter. This is in line with historical weightings. Cash at the end of the quarter was 3.4%, which is in line with our low to mid-single digit targeted levels. We exited our position in Hydrofarm Holdings Group, Inc. as we felt the macro headwinds the company was facing in its end-markets were both challenging and worsening.” 10. Village Farms International, Inc. (NASDAQ:VFF) Number of Hedge Fund Holders: 6 Village Farms International, Inc. (NASDAQ:VFF) specializes in the production, marketing, and sale of greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. The company operates through four segments – Produce, Cannabis-Canada, Cannabis-U.S., and Energy. Village Farms International, Inc. (NASDAQ:VFF) also produces and supplies cannabis products to licensed providers and provincial governments worldwide. It is one of the best marijuana stocks to watch.  On January 31, Village Farms International, Inc. (NASDAQ:VFF) announced that it is building its first indoor cannabis production facility in the Netherlands through its subsidiary, Leli Holland. The company, holding a license for legal recreational cannabis production in the Netherlands, aims to start production in Q4 2024. Leli Holland plans to sell different cannabis products, and the construction will be funded using Village Farms’ existing cash reserves. According to Insider Monkey’s fourth quarter database, 6 hedge funds were bullish on Village Farms International, Inc. (NASDAQ:VFF), compared to 4 funds in the last quarter. Israel Englander’s Millennium Management is a prominent stakeholder of the company, with 124,673 shares worth $95 million.  9. Aurora Cannabis Inc. (NASDAQ:ACB) Number of Hedge Fund Holders: 6 Aurora Cannabis Inc. (NASDAQ:ACB) is involved in the production, distribution, and sale of cannabis and cannabis-derived products globally. The company operates through three segments – Canadian Cannabis, European Cannabis, and Plant Propagation. On February 9, Canaccord Genuity upgraded its rating on Aurora Cannabis Inc. (NASDAQ:ACB) to Buy, citing a favorable valuation. Despite the expected performance in Q3 and a 25% decrease in Aurora Cannabis Inc. (NASDAQ:ACB) shares since Q2 2023, the analysts noted moderate progress towards sustainable profitability as a factor in the upgrade. Aurora Cannabis Inc. (NASDAQ:ACB) is one of the best marijuana stocks to monitor.  According to Insider Monkey’s fourth quarter database, 6 hedge funds were bullish on Aurora Cannabis Inc. (NASDAQ:ACB), compared to 7 funds in the prior quarter. Israel Englander’s Millennium Management is a prominent stakeholder of the company, with 31,654 shares valued at $154,466.  8. Cronos Group Inc. (NASDAQ:CRON) Number of Hedge Fund Holders: 7 Cronos Group Inc. (NASDAQ:CRON) is a cannabinoid company based in Toronto, Canada. Cronos Group Inc. (NASDAQ:CRON) is engaged in the cultivation, manufacture, and marketing of cannabis and cannabis-derived products for both medical and adult-use markets. It is one of the best marijuana stocks to invest in. On November 8, 2023, Cronos Group Inc. (NASDAQ:CRON) reported a Q3 GAAP EPS of $0.00 and a revenue of $24.81 million, exceeding Wall Street estimates by $0.03 and $5.24 million, respectively. Revenue for the third quarter increased 21.6% on a year-over-year basis.  According to Insider Monkey’s fourth quarter database, 7 hedge funds were bullish on Cronos Group Inc. (NASDAQ:CRON), compared to 8 funds in the prior quarter. Traci Lerner’s Chescapmanager LLC is the leading stakeholder of the company, with 8.3 million shares worth $17.40 million.  7. GrowGeneration Corp. (NASDAQ:GRWG) Number of Hedge Fund Holders: 8 GrowGeneration Corp. (NASDAQ:GRWG) owns and operates retail hydroponic and organic gardening stores across the United States. The company specializes in the marketing and distribution of products for hydroponic gardening, including nutrients, growing media, lighting, environmental control systems, vertical benching, and accessories. GrowGeneration Corp. (NASDAQ:GRWG) is one of the best marijuana stocks to buy.  On January 8, GrowGeneration Corp. (NASDAQ:GRWG) announced that it anticipates full-year 2023 revenue to reach the upper limit of the previously provided guidance range of $220 million to $225 million. The adjusted EBITDA guidance for FY23 remains unaltered, with a projected loss between $4 million to $6 million. According to Insider Monkey’s fourth quarter database, 8 hedge funds were bullish on GrowGeneration Corp. (NASDAQ:GRWG), compared to 7 funds in the last quarter. D E Shaw is the leading stakeholder of the company, with 772,855 shares valued at approximately $2 million.  6. WM Technology, Inc. (NASDAQ:MAPS) Number of Hedge Fund Holders: 11 WM Technology, Inc. (NASDAQ:MAPS) offers e-commerce and compliance software solutions to retailers and brands in the cannabis market, operating in the United States and internationally. Their Weedmaps marketplace enables cannabis users to search for and browse products, reserve items from local retailers, and provides educational information. On November 8, 2023, WM Technology, Inc. (NASDAQ:MAPS) reported a Q3 GAAP EPS of -$0.02, in-line with market consensus. Revenue for the quarter came in at $47.73 million, outperforming Wall Street estimates by $0.39 million.  According to Insider Monkey’s fourth quarter database, 11 hedge funds were long WM Technology, Inc. (NASDAQ:MAPS), compared to 9 funds in the last quarter. Falcon Edge Capital is the largest stakeholder of the company, with 2.12 million shares worth $1.5 million.  In addition to The Scotts Miracle-Gro Company (NYSE:SMG), Tilray Brands, Inc. (NASDAQ:TLRY), and Innovative Industrial Properties, Inc. (NYSE:IIPR), WM Technology, Inc. (NASDAQ:MAPS) is one of the best marijuana stocks to consider. It ranks 6th on our list.    Click to continue reading and see 5 Best Marijuana Stocks To Invest In.    Suggested articles: 13 Best Falling Stocks To Buy Right Now 11 Best Magic Formula Stocks to Buy Now 13 Best Short Squeeze Stocks To Buy Now   Disclosure: None. 12 Best Marijuana Stocks To Invest In is originally published on Insider Monkey......»»

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Top 5 Most Valuable Travel Companies in the World

In this article, we are going to look at the top 5 most valuable travel companies in the world. For detailed coverage of this topic and a more comprehensive list, please look at the Top 20 Most Valuable Travel Companies in the World. 5. Hilton Worldwide Holdings Inc. (NYSE:HLT) Market Capitalization: $49.69 billion Hilton Worldwide […] In this article, we are going to look at the top 5 most valuable travel companies in the world. For detailed coverage of this topic and a more comprehensive list, please look at the Top 20 Most Valuable Travel Companies in the World. 5. Hilton Worldwide Holdings Inc. (NYSE:HLT) Market Capitalization: $49.69 billion Hilton Worldwide Holdings Inc. (NYSE:HLT), operating in the hospitality sector, is among the top travel companies in the world. As of February 21, the stock has returned 8.24% to investors on a year-to-date basis. On February 7, the company declared a quarterly dividend of $0.15 per share, which was in line with its previous dividend......»»

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5 Safest Cities in Asia to Visit In 2024

This article discusses the 5 Safest Cities in Asia to Visit In 2024. If you want to get detailed analysis on the travel and tourism sector and other Safest Cities in Asia to Visit In 2024, you can head on to 25 Safest Cities in Asia to Visit In 2024. 5. Doha, Qatar Prosperity Index: […] This article discusses the 5 Safest Cities in Asia to Visit In 2024. If you want to get detailed analysis on the travel and tourism sector and other Safest Cities in Asia to Visit In 2024, you can head on to 25 Safest Cities in Asia to Visit In 2024. 5. Doha, Qatar Prosperity Index: 27 Safety Index: 84.0 Doha, the capital and main financial hub of Qatar, sits on the Persian Gulf coast in the eastern part of the country, nestled between Al Wakrah to the south and Al Khor to the north. Home to the majority of Qatar’s population, Doha is renowned for its modern architecture, high-rise buildings, and upscale shopping malls. The city has undergone significant growth and development, propelled by Qatar’s extensive reserves of oil and natural gas, establishing the country as one of the wealthiest globally. Doha’s skyline showcases a testament to this economic prosperity through its stunning architectural landscape. One of the standout attractions in Doha is the Museum of Islamic Art, celebrated for its remarkable architecture and an extensive collection of art and artifacts. This museum ranks among the city’s premier destinations, offering visitors a captivating exploration of Islamic art and culture in a visually striking setting......»»

Category: topSource: INSIDERMONKEY7 hr. 46 min. ago Related News

Top 20 Most Valuable Travel Companies in the World

In this article, we will discuss the top 20 most valuable travel companies in the world. You can skip our detailed analysis of the global leisure travel market, and go directly to see the Top 5 Most Valuable Travel Companies in the World. After being severely impacted by the COVID-19 pandemic, global travel and tourism […] In this article, we will discuss the top 20 most valuable travel companies in the world. You can skip our detailed analysis of the global leisure travel market, and go directly to see the Top 5 Most Valuable Travel Companies in the World. After being severely impacted by the COVID-19 pandemic, global travel and tourism continued its recovery in 2023. The United Nations World Tourism Organization (UNWTO) most recent statistics show that between January and September 2023, approximately 975 million international tourists traveled. Compared to the same period in 2022, this is a noteworthy 38% growth. Additionally, during this time, worldwide tourism recovered to 87% of pre-pandemic levels. Meanwhile, according to a report by the Brainy Insights the global leisure travel market was valued at $1.2 trillion in 2022. The market is anticipated to expand at a compound annual growth rate (CAGR) of 21.8% from 2023 to 2032, reaching a value of $8.6 trillion at the conclusion of the predicted period. The main drivers of this expansion are the growing number of tourists travelling abroad and the rising standards of living of the general public. The rapid integration of big data analytics, the Internet of Things, and artificial intelligence in travel and tourism is another factor driving the sector. However, the report points out that the leisure travel market can be significantly impacted by geopolitical unrest. In terms of market share by age group segment in 2022, the 22–31 years segment was in the lead with a share of almost 32%. The report also mentions that, with a 38.7% market revenue share in 2022, Asia Pacific emerged as the largest global leisure travel market. The expansion of the market is anticipated to be driven by the increasing disposable income in the region, particularly in China and India. Building up on this, according to a global survey by Hilton and Ipsos of over 10,000 travelers from nine countries, the number one reason to travel in 2024 for most of the respondents was to rest and recharge with an emphasis on sleep. The survey also found that 64% of global travelers intend to prioritize leisure travel in 2024 by cutting back on other personal expenses. On the other hand, travelers are focusing primarily on dining experiences while they budget for 2024, per Hilton. Exploration and adventure ranked second in importance among travelers (47%) after dining experiences, with Millennials and Gen Zers devoting a bigger percentage of their budget than other generations for these experiences. Don’t Miss: Top 15 Luxury Travel Agencies in the World and 12 Best Travel Stocks to Buy Right Now The survey further revealed that an astounding 80% of global travelers think it’s essential to be able to plan their entire trip online, with 76% appreciating travel apps that reduce the friction and stress of travel. Additionally, it also highlighted that there has been a significant shift in the way individuals do business since the pandemic. Consequently, new trends like blended leisure have emerged, and over one-third of Gen Z and Millennial business travelers plan to extend their trips in order to take advantage of free time before or after work. Having said that, today we will be taking at a look the top most valuable travel companies in the world which include Booking Holdings Inc. (NASDAQ:BKNG), Airbnb, Inc. (NASDAQ:ABNB), and Marriott International, Inc. (NASDAQ:MAR) among others. Our Methodology For the purpose of this article, we started by compiling a thorough list of all travel companies in the world which come from a variety of sectors, including airlines, hotels, cruises, resorts & casinos and online travel agencies. We then narrowed it down to only include companies with a significant market share and geographical reach. This was achieved by carrying out an extensive analysis of numerous industry papers, financial reports, journals, and news articles. Top 20 most valuable travel companies in the world have been ranked in ascending order of their market capitalization based on data from Yahoo Finance as of February 21, 2024. Please note that companies like The Walt Disney Company (NYSE:DIS) have not been included because of their engagement in various industries. By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders. Top 20 Most Valuable Travel Companies in the World 20. MGM Resorts International (NYSE:MGM) Market Capitalization: $13.83 billion MGM Resorts International (NYSE:MGM), founded in 1986 and headquartered in Las Vegas, Nevada, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. On February 13, MGM Resorts International (NYSE:MGM) reported a Q4 non-GAAP EPS of $1.06 and a revenue of $4.38 billion, outperforming Wall Street estimates by $0.35 and $240 million, respectively. Moreover, with a market capitalization of $13.83 billion as of February 21, it ranks among the most valuable travel companies in the world on our list. 19. United Airlines Holdings, Inc. (NASDAQ:UAL) Market Capitalization: $14.25 billion United Airlines Holdings, Inc. (NASDAQ:UAL), based in Chicago, Illinois, provides air transportation services to more than 210 destinations in the U.S. and more than 120 destinations internationally. As of the end of Q4 2023, 43 hedge funds in Insider Monkey’s database owned stakes in United Airlines Holdings, Inc. (NASDAQ:UAL), compared with 34 in the previous quarter. The consolidated value of these stakes is more than $858 million. 18. InterGlobe Aviation Limited Market Capitalization: $14.36 billion InterGlobe Aviation Limited, among the top travel companies in the world on our list, is an India-based company that is engaged in the airline business. It has a market cap of $14.36 billion as of February 21. 17. Singapore Airlines Limited Market Capitalization: $14.77 billion Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under airline brands such as Singapore Airlines and Scoot. The company has operations in Europe, the Americas, West Asia, Africa, North Asia, Southeast Asia, and Southwest Pacific. 16. Air China Market Capitalization: $15.02 billion Air China, the flag carrier of the People’s Republic of China and one of the “Big Three” mainland Chinese airlines, was founded in 1988. It is also a member of the Star Alliance, the biggest alliance of airlines in the world. The company had a total of 902 aircrafts as of June 30, 2023. As of February 21, it has a market cap of $15.02 billion and is one of the most valuable travel companies in the world. 15. InterContinental Hotels Group PLC (NYSE:IHG) Market Capitalization: $17.53 billion InterContinental Hotels Group PLC (NYSE:IHG), with operations in the Americas, Europe, Asia, the Middle East, Africa, and Greater China, owns, manages, leases, and franchises hotels and resorts. Based in the United Kingdom, the company operates hotels under various brand names such as Six Senses, Regent, InterContinental, Vignette Collection, Kimpton, Hotel Indigo, Voco, HUALUXE, Crowne Plaza, Iberostar, EVEN Hotels, Garner, Holiday Inn, Holiday Inn Express, Holiday Inn Resort, avid, Atwell suites, Staybridge Suites and Candlewood Suites. 14. Expedia Group, Inc. (NASDAQ:EXPE) Market Capitalization: $18.53 billion Expedia Group, Inc. (NASDAQ:EXPE), founded in 1996, is a travel technology company. The company generated $2.89 billion in revenues in the fourth quarter of 2023, which beat analysts’ estimates by $10 million. 13. Carnival Corporation & plc (NYSE:CCL) Market Capitalization: $19.28 billion Based in Miami, Florida, Carnival Corporation & plc (NYSE:CCL) is a multinational cruise company that operates a fleet of cruise ships and offers various vacation and travel experiences to passengers. As of February 21, it has a market cap of $19.28 billion and is one of the top travel companies in the world. Moreover, hedge funds like the company. The number of hedge funds tracked by Insider Monkey owning stakes in Carnival Corporation & plc (NYSE:CCL) grew to 41 in Q4 2023, from 33 in the previous quarter. These stakes have a total value of more than $1.48 billion. 12. Southwest Airlines Co. (NYSE:LUV) Market Capitalization: $20.20 billion Founded in 1967, Southwest Airlines Co. (NYSE:LUV) is a passenger airline company offering scheduled air transportation services within the United States and in nearby international regions. The company declared a quarterly dividend of $0.18 per share on January 31, which was consistent with its previous dividend. 11. Galaxy Entertainment Group Market Capitalization: $25.22 billion Galaxy Entertainment Group, incorporated in 1987 and based in Hong Kong, is an investment holding company, which engages in the management of casino games and provision of hospitality and related services. It has a market cap of $25.22 billion as of February 21. 10. Delta Air Lines, Inc. (NYSE:DAL) Market Capitalization: $26.11 billion Delta Air Lines, Inc. (NYSE:DAL), based in Atlanta, Georgia, offers more than 4,000 flights per day between more than 275 destinations on six continents. It is one of the biggest travel companies in the world. The company generated $14.22 billion in revenues in the fourth quarter of 2023, which beat analysts’ estimates by $420 million. Insider Monkey’s database of Q4 2023 indicated that 53 hedge funds owned stakes in Delta Air Lines, Inc. (NYSE:DAL), which remained the same as in the previous quarter. The total value of these stakes is over $1.56 billion. 9. Trip.com Group Limited (NASDAQ:TCOM) Market Capitalization: $27.03 billion Trip.com Group Limited (NASDAQ:TCOM), with over 45,100 employees and over 400 million members, is a travel service provider offering accommodation reservations, transportation ticketing, package tours, and corporate travel management. It was founded in 1999 and is headquartered in Shanghai, China. The stock has returned 15.08% to investors on a year-to-date basis as of February 21. In addition, Trip.com Group Limited (NASDAQ:TCOM) ranks among the largest travel companies in the world on our list. 8. Royal Caribbean Cruises Ltd. (NYSE:RCL) Market Capitalization: $29.52 billion Royal Caribbean Cruises Ltd. (NYSE:RCL), based in Miami, Florida, is a cruise operator that operates three famous cruise brands, Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. As of February 21, it boasts a market capitalization of $29.52 billion. As per Insider Monkey’s database of Q4 2023, 54 hedge funds held stakes in Royal Caribbean Cruises Ltd. (NYSE:RCL), up from 41 in the previous quarter. These stakes have a collective value of approximately $2.4 billion. 7. Ryanair Holdings plc (NASDAQ:RYAAY) Market Capitalization: $31.54 billion Ryanair Holdings plc (NASDAQ:RYAAY), parent company of Ryanair, Ryanair UK, Buzz, Lauda and Malta Air, is an Irish company that provides airline services. It connects over 240 destinations in over 40 countries. With a market capitalization of $31.54 billion as of February 21, it is among the top 10 most valuable travel companies in the world on our list. In its fourth quarter 2023 investor letter, Oakmark International Fund stated the following regarding Ryanair Holdings plc (NASDAQ:RYAAY): “Ryanair Holdings plc (NASDAQ:RYAAY) (Ireland), a European ultra-low-cost airline, was the top contributor to the Fund’s performance this quarter. Ryanair released strong results for the first half of fiscal-year 2024 and was accompanied by an even stronger outlook, in our view. The company’s revenue grew 30% year over year, and average fares increased by 24% to EUR 58, driven by record demand and constrained capacity at European peers. Total passengers flown expanded 11% year over year to 105.4 million, and management is on track to maintain its target of 183.5 million passengers for 2024, depending on Boeing’s ability to meet its delivery commitments. Management is expecting full-year 2024 net income to be between EUR 1.85-2.05 billion ahead of the EUR 1.82 billion consensus estimate. The company’s strong free cash flow levels and balance sheet allowed Ryanair to reinstate a EUR 400 million dividend (35 cents per share). We spoke with CEO Michael O’Leary about additional uses for its excess capital and were happy to hear about an incremental EUR 1.5 billion return to shareholders starting in 2025. We continue to be optimistic about Ryanair’s future.” 6. Las Vegas Sands Corp. (NYSE:LVS) Market Capitalization: $39.98 billion Founded in 1988, Las Vegas Sands Corp. (NYSE:LVS) owns, develops, and operates various integrated resort properties primarily in the United States, Macau, and Singapore. Hedge funds like the company. Insider Monkey’s database of Q4 2023 indicated that 48 hedge funds owned stakes in Las Vegas Sands Corp. (NYSE:LVS), compared with 45 in the preceding quarter. The consolidated value of these stakes is nearly $2.5 billion.   Click to continue reading and see Top 5 Most Valuable Travel Companies in the World.   Suggested Articles: 30 Most Valuable Drug Companies in 2024 15 Highest Quality Fish Oil Supplements for 2024 30 Largest Companies in the World by Revenue Disclosure: None. Top 20 Most Valuable Travel Companies in the World is published on Insider Monkey......»»

Category: topSource: INSIDERMONKEY7 hr. 46 min. ago Related News

25 Safest Cities in Asia to Visit In 2024

In this piece, we will look at the 25 Safest Cities in Asia to Visit In 2024. If you want to skip the detailed analysis on the travel and tourism sector and other Safest Cities in Asia to Visit In 2024, you can head on to 5 Safest Cities in Asia to Visit In 2024. […] In this piece, we will look at the 25 Safest Cities in Asia to Visit In 2024. If you want to skip the detailed analysis on the travel and tourism sector and other Safest Cities in Asia to Visit In 2024, you can head on to 5 Safest Cities in Asia to Visit In 2024. In the ever-evolving landscape of global tourism, the industry has not only rebounded from the challenges posed by the pandemic but is poised for unprecedented growth. According to a report by Future Market Insights, the global tourism industry soared to a valuation of $10.5 trillion in 2022, with projections indicating a staggering ascent to $17.1 trillion by 2032, reflecting a robust compound annual growth rate of 5% over the forecasted period. Remarkably, the return to pre-pandemic travel levels began to materialize in 2023, with 235 million international tourists embarking on journeys within the first three months of the year, as reported by UN Tourism. According to data shared by United Nations World Tourism Organization, international tourism will rise by 15% in 2024 from last year. In fact, it is even expected to exceed 2019, pre pandemic levels by 2%. In its 2024 Global Travel Outlook, Skift Research has forecasted that Asia will emerge as a key growth driver in the travel industry. As we stand on the precipice of 2024, the quest for travel experiences that seamlessly blend safety and enrichment has never been more compelling. In this pursuit, Asia emerges as a treasure trove of secure havens, each city offering a distinct and captivating narrative. The majority of these safest cities are nestled in East Asia, showcasing a harmonious blend of tradition and innovation, while the thriving metropolises of the Middle East make a significant contribution to this diverse mix of secure Asian destinations. These cities, irrespective of their geographical location, beckon travellers with promises of safety, serenity, and an array of experiences that span cultural richness and modern allure. As we explore the Safest Cities in Asia to Visit In 2024, we acknowledge the substantial contribution these destinations make to the global travel industry. The World Travel & Tourism Council anticipates that the Asia-Pacific region will lead the way in adding 65% of new jobs to the global travel industry over the next decade, with economic powerhouses such as China and India at the forefront of this growth. This comprehensive guide navigates through the safest gems of the Asian continent, providing in-depth insights into the unique charm and security offered by each city. As we embark on this exploration, let us unravel the stories, cultures, and unwavering safety promised by the Safest Cities in Asia to Visit In 2024, inviting travellers to partake in experiences that transcend the ordinary and create lasting memories. Amidst the burgeoning landscape of global travel, the role of travel companies has become increasingly pivotal, acting as architects of seamless and secure journeys for enthusiasts seeking the perfect blend of safety and adventure. As we navigate the Safest Cities in Asia to Visit In 2024, these travel companies emerge as facilitators, guiding and curating experiences that transcend the ordinary. Their expertise becomes paramount, ensuring that travellers can explore the cultural richness and modern allure of these cities with utmost confidence. These companies not only connect explorers with the safest accommodations, reliable transportation, and expertly crafted itineraries but also serve as guardians of the evolving travel landscape. Prominent entities with significant influence in the travel and tourism market of the Asia-Pacific region include Expedia Group Inc (NASDAQ:EXPE), Booking Holding Inc (NASDAQ:BKNG) and Tripadvisor (NASDAQ:TRIP). Expedia Group Inc (NASDAQ:EXPE) Expedia Group Inc. (NASDAQ:EXPE) stands as a prominent online travel company, offering a diverse array of services encompassing the booking of hotel rooms, airline seats, car rentals, and destination services through collaboration with various travel suppliers. The company operates under multiple brands, including Expedia.com, Hotels.com, Vrbo, Orbitz, ebookers, and CheapTickets. In the twelve months ending December 31, 2023, Expedia Group reported a substantial revenue of $12.84 billion, showcasing a noteworthy year-over-year growth of 10.05%. The quarter ending December 31, 2023, contributed $2.89 billion to this revenue, demonstrating a robust year-over-year growth rate of 10.28%. Expedia Group’s impressive financial performance underscores its significant presence and influence in the dynamic landscape of online travel services. Booking Holdings Inc (NASDAQ:BKNG) Booking Holdings Inc. (NASDAQ:BKNG), an American travel technology company incorporated under Delaware General Corporation Law and headquartered in Norwalk, Connecticut, holds ownership of several travel fare aggregators and travel fare metasearch engines. Operating websites in approximately 40 languages and spanning 200 countries, Booking Holdings (NASDAQ:BKNG) has established a global footprint in the travel industry. In the twelve months ending September 30, 2023, the company reported an impressive revenue of $20.63 billion, reflecting a substantial year-over-year growth of 28.76%. Furthermore, the quarter ending September 30, 2023, contributed $7.34 billion to this revenue, showcasing a robust year-over-year growth rate of 21.30%. Booking Holdings’ remarkable financial performance underscores its position as a major player in the travel technology sector, catering to a diverse and extensive international audience. Tripadvisor (NASDAQ:TRIP) Tripadvisor, Inc. (NASDAQ:TRIP), an American company, is a notable player in the online travel industry, operating online travel agencies, comparison shopping websites, and mobile apps with a focus on user-generated content. The company’s primary brand, Tripadvisor.com, operates in 40 countries and spans 20 languages, featuring an extensive database of approximately 1 billion reviews and opinions on around 8 million establishments. In the twelve months ending December 31, 2023, Tripadvisor (NASDAQ:TRIP) reported a revenue of $1.79 billion, showcasing a commendable year-over-year growth of 19.84%. The quarter ending December 31, 2023, contributed $390.00 million to this revenue, reflecting a solid year-over-year growth rate of 10.17%. Tripadvisor’s substantial user-generated content and robust financial performance affirm its significance in the realm of online travel and reviews. lev radin/Shutterstock.com Methodology We identified 25 Safest Cities in Asia to Visit In 2024 by using Numbeo’s security index, which ranges from zero to a hundred—higher scores indicating greater safety. To increase the credibility of our rankings, these cities were then further assessed using the Legatum Prosperity Index, focusing on health, security, and safety matrices, each given equal weight in the ranking process. This Prosperity Index ranks 167 countries, with 167th ranked country standing worst in terms of the three matrices used. For instance, if two countries have Prosperity indices of 128 and 122, the one with 122 boasts better prospects in terms of health, security, and safety. This comprehensive approach resulted in a definitive ranking of 25 Safest Cities in Asia to Visit In 2024, considering both their inherent safety features and broader prosperity indicators. Our meticulous methodology ensures a thorough assessment of each city’s overall livability and well-being, providing valuable insights for residents, travelers, and policymakers. By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders. 25. Davao, Philippines Prosperity Index: 128 Safety Index: 72.5 Starting our list of 25 Safest Cities in Asia to Visit In 2024 is Davao City, the regional centre of Davao Region, which holds the distinction of being the most populous city in Mindanao and the third largest in the Philippines. Renowned for its bustling economy and modern amenities, it is a vital economic player on the island and the third most important urban centre in the country. Covering 244,000 hectares, Davao City is recognized as the Orchid Capital of the Philippines and is famous for its fruits. It serves as a gateway for climbing Mt. Apo, the Philippines’ highest mountain, boasts a mild, pleasant climate year-round, shielded from typhoons. 24. Antalya, Turkey Prosperity Index: 122 Safety Index: 72.6 Antalya, renowned for its breathtaking beaches with pristine sands and crystal-clear waters, offers a perfect blend of relaxation and entertainment is next on our list of 25 Safest Cities in Asia to Visit In 2024. The city comes alive after dark with a vibrant nightlife scene suitable for all ages, featuring everything from live music and seaside cocktails to late-night clubs and atmospheric opera. For an optimal visit, consider planning your trip to Antalya during the favorable periods of April to mid-June (Spring) or September to mid-October (Autumn), avoiding the wet winters and hot summers. During these seasons, popular activities like canoeing, trekking, and rafting are in full swing, providing ample opportunities for outdoor adventures in the stunning surroundings. 23. Eskisehir, Turkey Prosperity Index: 122 Safety Index: 74.2 Eskisehir, a beautiful and modern city, is known for its safety and is particularly popular among the young population. It has earned the distinction of being ranked second in the national survey for “the finest cities in Turkey for living.” The city boasts a high level of security, with a notably low risk of significant robberies, making it a dependable and secure place to live. As an excellent alternative to the bustling capital, Eskisehir combines modern amenities with vintage charm. The city offers a pleasant living environment, attracting residents and visitors alike with its unique blend of contemporary comforts and historical allure. 22. Baku, Azerbaijan Prosperity Index: 90 Safety Index: 69.6 Baku, with a rich history dating back to the 4th millennium BCE, has evolved into a modern and vibrant city. Its stunning architecture, beautiful parks, and lively streets contribute to its appeal. Travelers on a budget will find good news in the form of highly affordable accommodation in Baku and Azerbaijan, making it an excellent destination for budget-conscious backpackers. Baku is renowned as a safe city with a vibrant atmosphere that persists even into the night. An added advantage is the city center being closed to vehicular traffic, enhancing the overall safety and enjoyable experience for visitors. 21. Chiang Mai, Thailand  Prosperity Index: 83 Safety Index: 76.5 Chiang Mai, located in the mountainous northern region of Thailand, has a rich history dating back to its founding in 1296. Once the capital of the independent Lanna Kingdom until 1558, its Old City area still preserves remnants of walls and moats, reflecting its past as a cultural and religious center. The city is adorned with hundreds of intricate Buddhist temples. Today, Chiang Mai thrives as a flourishing tourist and resort center, known for attractions such as the Phu Ping Palace, the summer residence of the Thai royal family. The city is also renowned as a hub for Thai handicrafts, with small villages in the vicinity specializing in crafts like silverwork, wood carving, pottery, umbrellas, and lacquerware. Chiang Mai continues to captivate visitors with its historical charm and vibrant artisanal culture. 20. Tbilisi, Georgia Prosperity Index: 82 Safety Index: 74.4 Tbilisi has gained recognition as a rising hotspot for nightlife and entertainment, drawing tourists to its vibrant scene. The city is rumoured to host two of Eastern Europe’s most exclusive dance clubs. Notable areas for bars, especially catering to tourists, include Akhvlediani Street and the Chardin area, many of which offer live music. The prime time to visit Tbilisi is during May, June, July, August, September, and October, constituting the peak season. This period ensures favourable weather and a bustling atmosphere, making it an ideal time to explore the city’s dynamic nightlife and cultural offerings. 19. Jeddah, Saudi Arabia  Prosperity Index: 79 Safety Index: 73.1 The list of Safest Cities in Asia to Visit In 2024 could not have been complete without Jeddah. Situated on the Red Sea in Saudi Arabia, Jeddah serves as a modern commercial hub and a key gateway for pilgrimages to the Islamic holy cities Mecca and Medina. Along its seafront promenade, the Corniche, visitors can enjoy resort hotels, beaches, and outdoor sculptures, with the iconic King Fahd’s Fountain as a prominent landmark. Known for its hospitality, Jeddah welcomes tourists, offering an unforgettable experience for those who respect local customs, laws, and traditions. Often referred to as the city that never sleeps, Jeddah is bustling with activities that continue throughout the night. This dynamic and lively city is always ready to provide visitors with a diverse and welcoming atmosphere. 18. Riyadh, Saudi Arabia  Prosperity Index: 79 Safety Index: 73.8 Riyadh, the capital and largest city of Saudi Arabia, stands as the central region’s administrative, political, and financial hub. Recognized for its modern skyline featuring tall skyscrapers, luxury hotels, and architectural marvels, Riyadh is a global destination for tourists seeking a blend of shopping, entertainment, and business opportunities. The city offers an exciting shopping experience within its malls, while the surrounding sand dunes under the brightest stars create a magical natural experience. Riyadh’s diverse environment, with its unique characteristics, attracts explorers. Luxurious restaurants provide elaborate international dishes, while local establishments showcase authentic flavors and spices rooted in Saudi culture, offering a variety of culinary experiences in this bustling city. 17. Yerevan, Armenia  Prosperity Index: 70 Safety Index: 77.1 Yerevan, the capital of Armenia, showcases grand Soviet-era architecture, and its main avenue is dominated by the impressive Matenadaran library, home to thousands of ancient Greek and Armenian manuscripts. The heart of the city, Republic Square, features musical water fountains and stately government buildings. Yerevan is considered generally safe, even at night. The city boasts a well-established and safe public transportation system, including mini busses, trams, and a metro network widely used by both locals and tourists. These services are known for their reliability and cost-efficiency, enhancing the overall accessibility and convenience of exploring Yerevan. 16. Guangzhou, China Prosperity Index: 51 Safety Index: 69.6 Guangzhou, the largest trade center in south China, is renowned for its flourishing markets, offering wholesale and retail opportunities and it stands at number sixteen on the list of 25 Safest Cities in Asia to Visit In 2024. From clothing and cosmetics to electrical appliances and digital products, the city is a diverse shopping paradise. Guangzhou hosts the prestigious Canton Fair in April/May and October/November, attracting global visitors and earning the title of “China’s Number One Exhibition.” This dynamic city provides a comprehensive and enjoyable shopping experience, making it a sought-after destination for both business and leisure. 15. Shanghai, China Prosperity Index: 51 Safety Index: 70.7 Shanghai stands as a global hub for finance, business, economics, research, science, technology, manufacturing, transportation, tourism, and culture. Notably, the Port of Shanghai holds the title of the world’s busiest container port. As China’s most developed city, it serves as a major center for finance and fashion, making it one of the world’s most populous and influential urban centers. The city boasts an outstanding public transport network, anchored by the world’s most extensive metro system, comprising subway and elevated trains. Complementing this are buses that cover extensive routes. Taxis are abundant and affordable by international standards, and due to the city’s design, getting around on foot is often a practical and convenient option in Shanghai. 14. Shenzhen, China  Prosperity Index: 51 Safety Index: 73.0 Shenzhen is a prominent global technology hub, often referred to as China’s Silicon Valley. The city boasts a culture of entrepreneurship, innovation, and competitiveness, making it a hub for numerous small manufacturers and software companies. Shenzhen is renowned for its extensive shopping destinations, exemplified by Luohu Commercial City, a massive mall offering a diverse range of products, from tailor-made clothing to imitation designer bags. The city’s skyline is characterized by contemporary buildings, including the impressive 600-meter-tall skyscraper, Ping An International Finance Centre. Additionally, Shenzhen features several amusement parks, adding to the city’s dynamic and modern appeal. 13. Beijing, China  Prosperity Index: 51 Safety Index: 73.1 On thirteenth place of 25 Safest Cities in Asia to Visit In 2024 is Beijing. Beijing, China’s capital, boasts numerous national monuments and museums, including seven UNESCO World Heritage Sites such as the Forbidden City, Temple of Heaven, Summer Palace, Ming Tombs, Zhoukoudian, and sections of the Great Wall and the Grand Canal. These sites attract a significant number of tourists due to their historical and cultural significance. For an optimal visit, the best times to explore Beijing are from March to May and from September to October. These temperate seasons offer favourable climates and showcase colourful scenery, enhancing the overall experience for visitors. 12. Hong Kong, China Prosperity Index: 51 Safety Index: 78.2 Hong Kong serves as the gateway to China and stands out as one of the safest cities in Asia. It is a global powerhouse for international trade and investments, featuring a unique blend of a capitalist economic system and semi-independence from mainland China. The city is renowned for its diverse population and offers an extensive array of shopping centres and vibrant street markets. A major tourist destination, Hong Kong attracts visitors with its gastronomic delights, lively nightlife, beautiful temples, and stunning natural beauty. Additionally, it is a paradise for shopaholics, making it a well-rounded and appealing destination for travellers. 11. Kuwait City, Kuwait Prosperity Index: 45 Safety Index: 70.2 Kuwait City, the capital and largest city of Kuwait, is situated on the southern shore of Kuwait Bay along the Persian Gulf. The city’s architecture draws inspiration from Islamic design. Fuelled by oil wealth, Kuwait City stands as the capital of one of the wealthiest nations in the Arabian Peninsula, boasting a sophisticated welfare state and a thriving free-market economy. This prosperity has enabled the establishment of state-of-the-art desalination plants to address water scarcity and significant investments in education, resulting in an impressive literacy rate of 93.3 percent. 10. Ajman, UAE Prosperity Index: 43 Safety Index: 83.5 Ajman, the capital of the emirate of Ajman in the United Arab Emirates, ranks as the fifth-largest city in the UAE, following Dubai, Abu Dhabi, Sharjah, and Al Ain. Situated along the Persian Gulf, it is surrounded by the larger emirate of Sharjah in territory. A notable attraction in Ajman is City Centre Ajman, the emirate’s largest mall, offering a unique architectural experience and a diverse array of shops and confectioneries. The city’s corniche is a popular destination in the evenings and weekends, drawing families with its scenic views and featuring numerous fast-food outlets, coffee shops, and stalls for a leisurely experience. 9. Ras al-Khaimah, UAE Prosperity Index: 43 Safety Index: 83.7 Ras Al Khaimah is celebrated for its diverse offerings, ranging from outstanding nature and leisure to thrilling adventure and authentic experiences. Emerging as a highly sought-after destination, travelers to Ras Al Khaimah can indulge in a spectrum of experiences, from serene spa luxury to heart-pounding adrenaline adventures, and everything in between. This year-round destination caters to a variety of interests, providing a plethora of activities for everyone to enjoy. 8. Dubai, UAE Prosperity Index: 43 Safety Index: 83.8 No list of Safest Cities in Asia to Visit In 2024 could have been complete without Dubai. Dubai, renowned for its exceptional safety measures and iconic skyscrapers, stands as a premier destination for global tourists. This city is synonymous with luxury, offering extravagant travel experiences that make it a sought-after escape for discerning travellers. Dubai presents a myriad of royal adventures, from exhilarating helicopter tours to opulent 5-star accommodations and upscale shopping destinations. Originally, a fishing village known for its booming pearl industry, Dubai underwent a transformative urban development in the 21st century, strategically designed to attract tourists. Today, it stands as a testament to architectural marvels, with record-breaking skyscrapers dominating its skyline. The city’s dedication to providing top-notch experiences, coupled with its commitment to safety, continues to make Dubai a destination of choice for those seeking unparalleled luxury and modern extravagance. 7. Abu Dhabi, UAE Prosperity Index: 43 Safety Index: 87.1 Abu Dhabi, the largest emirate by area in the United Arab Emirates (UAE), stands out as one of the top 12 Safest Cities in Asia to Visit In 2024. Sharing a similar history with its neighbouring emirate Dubai as a seafront economic hub, Abu Dhabi distinguishes itself with a focus on cultural attractions rather than solely modern luxury experiences. Notable landmarks include the breathtaking Sheikh Zayed Grand Mosque, the globally renowned Louvre Abu Dhabi, the tranquil Al Ain Oasis, and The Founders Memorial. This city offers a blend of rich cultural experiences and historical treasures, making it a compelling destination in the UAE. 6. Muscat, Oman Prosperity Index: 40 Safety Index: 80.2 Muscat, the port capital of Oman, is surrounded by a picturesque landscape of desert and mountains and is on number six on our ranking of 25 Safest Cities in Asia to Visit In 2024. Renowned for its vibrant marketplaces, or souks, and delectable seafood, the city boasts a fascinating blend of ancient and modern structures. Notable landmarks include 16th-century Portuguese forts and the modern Sultan Qaboos Grand Mosque. Muscat is celebrated for its dazzling souks and excellent seafood, but it is the diverse terrain that provides the most thrilling experiences. This Middle East port city offers opportunities to trek through deserts at dawn, spot dolphins at sundown, and immerse oneself in Omani hospitality. Muscat stands out as a destination that combines rich cultural heritage with exciting outdoor adventures. Click to continue reading and find out about 5 Safest Cities in Asia to Visit In 2024. Suggested Articles: 12 Worst Cities in the Southwest for Retirees 20 Best Small Cities to Live in the US 20 Cities With The Highest Cost of Living in the US Disclosure: None. Top 25 Safest Cities in Asia to Visit In 2024 is originally published on Insider Monkey......»»

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5 Best States to Start a Cannabis Business

This article looks at the 5 Best States to Start a Cannabis Business. If you wish to check out our detailed discussion on the cannabis industry, you may go to 15 Best States to Start a Cannabis Business. 5. Massachusetts Insider Monkey Score: 5.2 Average Monthly Revenue: 132.6m Massachusetts has swiftly emerged as a cannabis […] This article looks at the 5 Best States to Start a Cannabis Business. If you wish to check out our detailed discussion on the cannabis industry, you may go to 15 Best States to Start a Cannabis Business. 5. Massachusetts Insider Monkey Score: 5.2 Average Monthly Revenue: 132.6m Massachusetts has swiftly emerged as a cannabis leader in revenue generation. However, prospective dispensaries face a dual challenge — the financially demanding application process, which serves to trim down the competition to serious contenders. The Massachusetts market is undoubtedly expanding, and entrepreneurs with robust funding and resilience can anticipate substantial returns......»»

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15 Best States to Start a Cannabis Business

In this piece we will look at the 15 Best States to Start a Cannabis Business. If you want to skip our detailed analysis on the cannabis market, you can go directly to 5 Best States to Start a Cannabis Business. The global cannabis market could surpass $55 billion by 2024. While recreational cannabis remains […] In this piece we will look at the 15 Best States to Start a Cannabis Business. If you want to skip our detailed analysis on the cannabis market, you can go directly to 5 Best States to Start a Cannabis Business. The global cannabis market could surpass $55 billion by 2024. While recreational cannabis remains illegal in many places, evolving regulations may drive more individuals to seek medical validation to avoid legal consequences. Australia has shown interest in becoming a major player in medical-grade cannabis cultivation and pharmaceutical production. The country’s favourable climate and available land for cultivation position it well to be a leader in Good Manufacturing Practice (GMP) cannabis production in the Australia-New Zealand and Oceanic regions, with expectations of the Australian cannabis market exceeding $1 billion by 2024. Forecasts suggest that Australia could become the fifth-largest medicinal cannabis producer globally, with potential for significant growth in the industry according to Forbes. In the US, the legal cannabis industry has shown rapid growth, with sales increasing significantly in its early stages due to high demand. According to Forbes, the global legal cannabis market is anticipated to reach $55 billion by 2027. According to the forecast, Michigan is expected to grow significantly, reaching a $3.8 billion market by 2027. Moreover, New York and New Jersey are forecasted to reach $2.5 billion each within four years, starting from 2024. Also, California and Colorado are predicted to experience modest recoveries post-pandemic, with California expected to reach $5.24 billion and Colorado to reach $1.7 billion in sales by 2027. As of January 2024, recreational cannabis use for individuals aged 21 and older has been legalized in 24 states, plus the District of Columbia, and Guam. These states include Alaska, Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, New Mexico, New York, Ohio, Oregon, Rhode Island, Vermont, Virginia, and Washington. Additionally, marijuana is now legal in 40 states plus Washington D.C. for medical purposes. These states       comprise Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Utah, Vermont, Virginia, Washington, and West Virginia. With this let’s look at some of the major players in the cannabis market before we jump on to our list of 15 Best States to Start a Cannabis Business, where we look at what these entities do, and how their latest available performance has been. Curaleaf Holdings, Inc. (Other OTC:CURLF) Curaleaf Holdings, Inc. is a holding company that operates subsidiary companies involved in the production and distribution of cannabis products. Its operations span dispensary and cultivation sites across North America. In the latest financial report, Curaleaf Holdings recorded a revenue of US$333.2 million for the quarter ending 31 October 2023, showcasing a 2.3% increase from the same quarter a year ago. However, the company experienced a net loss of US$69.5 million, representing an 80% widening of losses compared to the 3rd quarter of 2022. Moreover, Earnings per share also declined to US$0.096, deteriorating from US$0.054 in the same period, a year ago. Tilray Brands, Inc. (NASDAQGS:TLRY) Tilray Brands Inc. is an American pharmaceutical company specializing in cannabis research, processing, cultivation, and distribution. The company is recognized for its Good Manufacturing Practice (GMP) certification in the production and supply of adult-use cannabis products, medicinal cannabis products, and hemp products, among others. In the quarter ending on November 30, 2023, Tilray Brands Inc. reported record net revenue of $194 million, marking a notable 34% increase from $144 million in the previous year’s quarter. The company’s gross profit saw an 11% rise to $47 million, with adjusted gross profit increasing by 18% to $52 million during the same period. The gross margin stood at 24%, while the adjusted gross margin improved to 27%. Specifically, within the cannabis segment, net revenue experienced a 35% growth to $67 million in the second quarter compared to $50 million previously. The cannabis gross margin was reported at 31%, down from 43% in the prior year, and the adjusted cannabis gross margin was at 35%, a decrease from 43% in the prior year quarter. Green Thumb Industries Inc. (Other OTC:GTBIF) Green Thumb Industries Inc. is a cannabis consumer packaged goods company with two segments: Consumer Packaged Goods and Retail. The company cultivates, produces, and sells cannabis products to retail stores and directly to patients and consumers. In Q3 2023 ending 30 September, the company reported $275 million in revenue, a 9% sequential increase. GAAP net income was $11 million ($0.05 per share), and Adjusted EBITDA was $83 million (30% of revenue). Cash flow from operations for the quarter was $61 million, totaling $154 million year-to-date. Cash at quarter end was $137 million, and share repurchases amounted to $25 million. The company also announced the launch of adult-use cannabis sales at four RISE Dispensaries in Maryland since July 1, 2023, and the opening of new RISE Dispensaries in Las Vegas, Nevada, and Fruitland Park, Florida at the end of 2023. Methodology To prepare our list of 15 Best States to Start a Cannabis Business, extensive research was done. First, Thompson Coburn LLP was referred to, which has created a state-by-state ranking of cannabis regulations, based on how much the regulatory system is feasible for the cannabis industry in each state. Their ranking considered variables such as medical and recreational cannabis legality and licensing, commercial licenses, regulatory agencies, developments and trends in cannabis legalization support, and business opportunities based on operators, consumers, and industry potential in the state. Next, the 15 states extracted based on Thompson Coburn LLP’s rankings were individually assessed for their average monthly revenue generation from recreational cannabis sales, since the time of each state’s legalization inception for recreational cannabis. The cut-off date for the average monthly revenue generation was 30 December 2022 for most of the states, keeping the consistency element intact. However, average monthly revenue generation for Missouri, New York, New Jersey, and Maryland pertain to post 2022 period, due to the fact that either adult-use cannabis hadn’t turned legal in these state by year 2022, or licenses hadn’t been issued for retail purposes. We then formulated an Insider Monkey score by combining the two metrics mentioned earlier. In this composite score, more reliance was put on Thompson Coburn LLP’s rankings. This was adopted to ensure cautious consideration of the accuracy of revenue figures. The resulted Insider Monkey score essentially tells us the relative risk associated with setting up cannabis business in each state. However, please note that the score predicts the risk of each state in relation to one another, i.e., higher the score, lesser the feasibility of each state in context of setting up a cannabis business. Note that any revenue projections for the future are sourced from Thompson Coburn LLP. Now, with this, let’s present our list of 15 Best States to Start a Cannabis Business. By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders. 15. Maine Insider Monkey Score: 14.6 Average Monthly Revenue: 15.2m Maine, securing the 14th spot on our list of Best States to Start a Cannabis Business, saw adult-use cannabis sales begin in March 2020 following a bill signed in June 2019. Sales surged to a record $21 million in July 2023, and the state is estimated to reach $300 million in sales by 2024, reflecting substantial growth in its cannabis industry. 14. New Mexico Insider Monkey Score: 13.6 Average Monthly Revenue: 21.2m At 13th, New Mexico initiated recreational cannabis sales on April 1, 2022, reporting over $5.2 million in the first weekend and reaching almost $39.5 million in the first month. In its initial 12 months, the state’s adult-use market generated $300 million in annual sales. 13. Maryland Insider Monkey Score: 12.6 Average Monthly Revenue: 55.2m Ranked at 15th on our list of Best States to Start a Cannabis Business is Maryland, which is poised for significant market growth, with an anticipated increase in total revenue from $275 million to $2.1 billion between 2023 and 2027. Notable retailers like Trulieve, Green Thumb Industries, Zen Leaf, gLeaf, Ethos Cannabis, and Health for Life are contributing to this growth, with promising initial sales data. 12. New York Insider Monkey Score: 10.8 Average Monthly Revenue: 9.1m New York residents are allowed to possess and use up to 3 ounces of cannabis and 24 grams of concentrated cannabis for recreational purposes. Despite the slow start, with only $16.5 million in sales from 20 adult-use businesses in July 2023, over 200 adult-use licenses were issued. Outside the city, legal avenues for obtaining recreational cannabis have emerged, particularly in western New York, where businesses on Native American tribal reservations enjoy a head start due to tribal sovereignty. 11. Washington Insider Monkey Score: 10.0 Average Monthly Revenue: 103.3m Although Washington just missed out on being the first state to legalize recreational cannabis, full legalization has been in place since 2012. With a stable, well-regulated environment and high social acceptance, Washington boasts one of the country’s best cannabis markets. While there is still room for growth for small businesses, competition is intense, requiring a solid business and risk management plan for success. 10. New Jersey Insider Monkey Score: 9.8 Average Monthly Revenue: 56.2m New Jersey, holding the 12th position, started retail cannabis sales in April 2022, with over $555 million in licensed retail market sales in 2022, reflecting a thriving market despite having the most expensive cannabis in the country. 9. Oregon Insider Monkey Score: 9.6 Average Monthly Revenue: 74.8m Oregon, home to one of the oldest cannabis markets, offers lower barriers to entry with lower startup costs and licensing fees. The state’s solid social acceptance and lower cannabis costs and taxes make it an attractive option for dispensaries. However, the competitive nature of the market requires fledgling business owners to be prepared for intense competition, with cannabis tourism being a significant draw. 8. Colorado Insider Monkey Score: 8.6 Average Monthly Revenue: 113.9m As the pioneer state to legalize recreational marijuana, Colorado embraces a remarkably cannabis-friendly environment. The established nature of its market affords a level of predictability and stability not commonly found in younger markets. Cannabis enjoys widespread social acceptance, mitigating the stigma for new business owners. With a diverse array of brands and products, Colorado provides ample choices for dispensaries to curate their offerings. While the market is competitive, as is typical in the cannabis industry, the demand has remained consistently strong for nearly a decade. Despite the apparent saturation, Colorado remains open to innovative brands seeking a foothold. 7. Nevada Insider Monkey Score: 7.0 Average Monthly Revenue: 69.9m Known as the home of Sin City, Nevada has been embracing legal cannabis since 2017, attracting visitors from around the globe. The decisions permitting consumption lounges have further bolstered the cannabis tourism sector. Furthermore, Nevada stands out for its lenient marketing laws, even allowing billboards. Although startup costs are high, competition is fierce, there is substantial room for growth and success in this dynamic market. 6. Missouri Insider Monkey Score: 6.6 Average Monthly Revenue: 109.0m 6TH on our list of 15 Best States to Start a Cannabis Business is Missouri. In November 2022, Missouri voters approved Amendment 3 to legalize adult-use cannabis, resulting in a booming cannabis market with monthly sales consistently reaching around $120 million from March 2023 to August 2023. Despite the strong demand causing price increases and product shortages, Missouri surpassed $1 billion in sales in early May 2023, presenting challenges for existing retailers. Click to continue reading and find out about the 5 Best States to Start a Cannabis Business. Suggested Articles: 25 Most Cannabis Consuming-Countries in the World 11 Best Cannabis Stocks To Buy Now 10 Best Cannabis Stocks To Buy Now Disclosure: None. 15 Best States to Start a Cannabis Business is originally published on Insider Monkey......»»

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Hedge Fund and Insider Trading News: Bill Ackman, Starboard Value, Citadel LLC, Rokos Capital Management, Pantera Capital, Regeneron Pharmaceuticals, Inc. (REGN), and More

Citadel Made More Than $4 Billion From Commodities In 2023 (Bloomberg) Pantera Capital Reveals $500 Billion Opportunity For Bitcoin (The Street) Jeffrey Epstein Accuser Drops Lawsuit Against Wall St. Billionaire Leon Black (Fox Business) Activist Hedge Fund Starboard Targets Benefits Services Provider Alight (Reuters) The Punchy London Hedge Fund Hiring New Partners (eFinancialCareers) The Climate […] Citadel Made More Than $4 Billion From Commodities In 2023 (Bloomberg) Pantera Capital Reveals $500 Billion Opportunity For Bitcoin (The Street) Jeffrey Epstein Accuser Drops Lawsuit Against Wall St. Billionaire Leon Black (Fox Business) Activist Hedge Fund Starboard Targets Benefits Services Provider Alight (Reuters) The Punchy London Hedge Fund Hiring New Partners (eFinancialCareers) Rawpixel.com/Shutterstock.com The Climate Conversations – The Man With A Mission For A Billion Vegans (Channel News Asia) Argentina Ordered To Pay Large Deposit In UK Hedge Funds Case (Buenos Aires Times) A Potential Kick-Start For Listed Closed-End Fund IPOs (Ropes & Gray) Starbucks, Regeneron Pharmaceuticals And 2 Other Stocks Insiders Are Selling (Benzinga) Ex-Capital One Analyst Gets Sentenced for Insider Trading Scheme (Bloomberg Law) Subscribe to Insider Monkey's Free Daily Newsletter and Join 100K+ Readers or Subscribe with Google We may use your email to send marketing emails about our services. Click here to read our privacy policy......»»

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5 Tips and Tricks To Build Wealth Without Buying Real Estate

This article discusses the 5 Tips and Tricks To Build Wealth Without Buying Real Estate. If you want to get detailed analysis on the wealth management market and other Tips and Tricks To Build Wealth Without Buying Real Estate, you can head on to 15 Tips and Tricks To Build Wealth Without Buying Real Estate. […] This article discusses the 5 Tips and Tricks To Build Wealth Without Buying Real Estate. If you want to get detailed analysis on the wealth management market and other Tips and Tricks To Build Wealth Without Buying Real Estate, you can head on to 15 Tips and Tricks To Build Wealth Without Buying Real Estate. 5. Invest in Bonds Bonds serve as debt instruments utilized by governments and corporations to raise funds. They come in various forms: corporate bonds issued by companies, federal bonds issued by the government, and municipal bonds issued by government agencies. When investors lend money through bonds, they receive repayment with interest. Although bonds typically offer lower returns compared to stocks, they are less risky. However, when incorporated into a portfolio alongside stocks, bonds play a critical role in reducing overall portfolio risk......»»

Category: topSource: INSIDERMONKEY7 hr. 46 min. ago Related News