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When it comes stanley italia to airlines, Warren Buffett is confusing. He went from hating these businesses to loving them.In a 2007 investor letter, he excoriated the industry.The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money, Buffett began. Think airlines.He wasn ;t finished with his criticism.Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers, Buffett added. Indeed, if a farsighted capitalist had been stanley quencher present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.But then something amazing happened.Buffett changed his mindAt the start of 2020, Berkshire Hathaway, Buffett holding company, owned millions of shares in four different airlines. What changed the guru min stanley cup d It s true that the airlines had a bad 20th century. They re like the Chicago Cubs. Bqry 3 Top Canadian Tech Stocks to Buy Right Now
In late April, the SP/TSX Compo stanley mugs site Index was still in the first weeks of its rebound fro stanley thermos m a sharp correction to kick off the spring. At the time, I d suggested that investors should still target defensive dividend stocks. The TSX index shed 270 points to close out the week on June 26. For investors who have the cash to spend, today I want to look at three stocks to scoop up in response to volatility.Another correction Why you can still rely on grocery stocksInvestors should not resign them stanley cups uk selves to a correction this summer. However, it never hurts to be prepared. Grocery retailers were stars during the COVID-19 pandemic, both in the real world and in financial markets. Empire Company TSX:EMP.A is one of the largest food retailers in Canada. Its shares have climbed 7.9% in 2020 as of close on June 26.The company released its fourth-quarter and full-year fiscal 2020 results on June 18. Same-store sales, excluding fuel, increased 18% year over year, and earnings per share rose to