After emerging from bankruptcy in 2010, General Growth Properties (NYSE: GGP) has been gaining strength. And as the economy gradually recovers and retail sales start to pick up as consumers gradually increase their spending, retail mall landlords such as General Growth stand to gain.
The real estate investment trust owns and manages 144 regional malls, of which 18 are located in Brazil, for a grand total of about 135 million more »
Wells Fargo & Company (NYSE: WFC), a Berkshire Hathaway favorite, is well poised to benefit from economic recovery after posting strong financial results for 2012. Taking note of this, Warren Buffett’s Berkshire Hathaway has recently added to its holdings of WFC, so that the stock now makes up 20 percent of its portfolio holdings. Considering Wells Fargo’s improved prospects as the economic recovery gains momentum and housing continues to more »
After posting record revenue of $54.5 billion in its latest quarterly earnings report, up 18 percent from $46.3 billion for the comparable period of last year, Apple (NASDAQ: AAPL) has lost favor with investors.