Feature

Celgene: More Than a One-Drug Wonder

By JACK HOUGH

The biotech sees a decade of growth in its blockbuster, Revlimid. And it’s aggressively spending on R&D.

Feature

Square Stock Likely
To Set New Lows

By JACK WILLOUGHBY

A once sought-after unicorn, the payment processor is growing fast but faces a tough path to profitability.

Profile

Deconstructing Buffett

By SARAH MAX

Jamie Wilhelm, manager of the Touchstone Focused fund, studied Warren Buffett’s investment strategy through reverse-engineering.

Interview

This Could Push Stocks Below March 2009 Levels

By LESLIE P. NORTON

Russell Napier sees government stimulus replacing central-bank stimulus to ignite economic growth.

Feature

Auto-Parts Supplier Delphi Hits the Fast Lane

By SANDRA WARD

Profits are rising as it helps make cars safer, cleaner, and smarter. Stock could pop more than 60%.

Editorial Commentary

There’s No Magic Wand for Energy

By THOMAS G. DONLAN

Taxes and mandates still obey the rules of economics.

Bank of America Looks Cheap

By VITO J. RACANELLI

BofA’s current price could prove to be an attractive entry point; the stock could rise 20% or more once the short-term head winds fade.

Aqua America Is Overvalued

By VITO J. RACANELLI

The global search for yield could yet continue to support utilities like Aqua America.

International Trader - Europe

Brexit or Not, Adidas and Roche Offer Solid Returns

By DIGBY LARNER

If investors aren’t willing to bet on how the British vote will go, Adidas and Roche are all-weather businesses with strong balance sheets that generate plenty of cash.

International Trader - Asia

Brexit Fears Pound Asian Stock Markets

By SHULI REN

Investors debate whether Asia should worry. Regionally, imports to the U.K. are low, but there are some stocks you might want to unload.

Emerging Markets

Defying Skeptics, Turkish Stocks Rally

By DIMITRA DEFOTIS

A big current account deficit and violence haven’t stopped the country’s markets from topping other emerging markets.

The Striking Price

How to Profit as Chipotle Shares Get Grilled

By STEVEN M. SEARS

Even Taco Bell is more esteemed. A put option strategy can help you profit from the company’s missteps.

Current Yield

Make Like the Pros: Boost the Cash

By AMEY STONE

Uncertainties like Brexit, a slowing China and the Fed make boosting cash a good idea—particularly with rates so low.

Commodities Corner

Living High on the Hog Is About to Get Tougher

By CHRISTIAN BERTHELSEN

China’s huge appetite for pork has led to expanded production in the U.S. and Europe, which should cap the recent surge in lean hog futures.