Jeff Bezos' New Paper
The following video is from Tuesday's Investor Beat, in which host Chris Hill and Motley Fool analysts David Hanson and Jason Moser dissect the hardest-hitting investing stories of the day.
Founder and CEO of Amazon.com Jeff Bezos is buying The Washington Post with $250 million of his own money. In today's Investor Beat, David and Jason discuss what this means for the iconic but troubled newspaper, and whether this surprise venture will prove a distraction for Amazon's lead man.
Also, a look at four stocks that made big moves on Tuesday's market. Shares of Washington Post were up today on the Bezos news. Michael Kors raises first-quarter profits 82% and ups its full-year guidance. And it was a bad day for apparel retailers, as both Urban Outfitters and American Eagle fell today.
Finally, our analysts discuss why they'll be watching shares of Markel and Freddie Mac very closely this week.
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery," outlines three companies that could take off when the global economy gains steam. Click here to read the full report!
The article Jeff Bezos' New Paper originally appeared on Fool.com.
Chris Hill owns shares of Amazon.com. David Hanson owns shares of Markel. Jason Moser owns shares of Amazon.com. The Motley Fool recommends Amazon.com, Markel, and Urban Outfitters and owns shares of Amazon.com, IBM, and Markel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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