Fri, Dec 11, 2020 9:29 PM
ICICI Prudential's assets under management worths Rs 2 lakh crore
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Carl Icahn is known for his big bets. Right now, just three energy stocks comprise more than one quarter of his portfolio. Each stock has very different characteristics, so if you want to follow Icahn, be sure to understand all three. This 1 stock is Icahn's biggest betIcahn may have more than one quarter of his portfolio in just three energy stocks.
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The tobacco industry is obviously still around, but there's no denying it's on the defensive. The smoking cessation movement has been whittling away at the number of worldwide smokers for decades, and there's no real growth in store for the traditional cigarette business.And yet, tobacco giant Philip Morris International (NYSE: PM) is still a compelling investment prospect.
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When a great company's stock trades for a fair price, it's usually worth buying. It rarely pays to wait for a better price, even if the stock has gone up significantly over the past few months. But sometimes you'll get lucky, and the market will put a great stock on sale due to near-term concerns. Meanwhile, the long-term outlook for the company still looks promising.
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