Silvio Berlusconi, the controversial media tycoon and former prime minister of Italy, has emerged as a potential kingmaker in a crucial general election to be held Sunday.
Analysts have watched the resurrection of the self-described “Jesus Christ of politics” with trepidation. They worry that policies proposed by his coalition would blow the country’s budget deficit wide open and damage its weak economy.
Berlusconi is not allowed to hold office because of a fraud conviction. But he could anoint the next prime minister if his alliance of center-right parties wins the largest share of the vote.
Once in power, his allies are promising to spend, spend, spend.
“[The] coalition has proposed a raft of sweeping policies that would cause a blowout in the budget deficit and possibly a significant shrinking of the workforce,” said Jack Allen, an economist at Capital Economics.
Sound familiar? Berlusconi dominated Italian politics for decades, serving as prime minister between 2001 and 2006 and again from 2008 to 2011. He left office under the shadow of sex scandals and a debt crisis.
Top 5 Heal Care Stocks To Buy For 2018: Archrock, Inc.(AROC)
- [By Dustin Parrett]
Share PriceYTDMarket CapClayton Williams Energy Inc. (NYSE: CWEI)$138.8216.4%2.4BDiamondback Energy Inc. (Nasdaq: FANG)$106.365.42%$9.38BWestern Gas Partners LP (NYSE: WES)$65.6411.71%$9.67BTesoro Logistics LP (NYSE: TLLP)$59.3416.79%$6.25BResolute Energy Corp. (NYSE: REN)$46.0811.87%$931.13MAntero Midstream Partners LP (NYSE: AM)$34.9813.28%$6.4BExterran Corp. (NYSE: EXTN)$33.9942.22%$1.19BDominion Midstream Partners LP (NYSE: DM)$32.9011.34%$2.6BNextEra Energy Partners LP (NYSE: NEP)$31.1922.12%$1.68BArchrock Inc. (NYSE: AROC)$16.0021.21%$1.12B
While some of these stocks have performed well, we arent recommending this list of natural gas stocks. Thats because we arent interested in stocks that have already peaked at Money Morning; were interested in the next big winner. And we have one that could surge in 2017
Top 5 Heal Care Stocks To Buy For 2018: Crescent Point Energy Corp (16)
- [By Kana Nishizawa]
China Coal Energy Co., the countrys second-largest producer of the fuel, sank 3.1 percent after the government said it will cut coal consumption. Sun Hung Kai Properties Ltd. (16), the worlds second-biggest developer, fell 1.4 percent after trimming its sales target. Gold producers led materials companies lower as the precious metal headed for its steepest weekly loss since June amid expectations the U.S. Federal Open Market Committee will next week decide to reduce stimulus.
Top 5 Heal Care Stocks To Buy For 2018: Daily Journal Corp. (S.C.)(DJCO)
- [By Ethan Ryder]
BidaskClub downgraded shares of Daily Journal (NASDAQ:DJCO) from a buy rating to a hold rating in a research report released on Tuesday.
Separately, TheStreet raised shares of Daily Journal from a c- rating to a b rating in a report on Monday, February 12th.
Top 5 Heal Care Stocks To Buy For 2018: CBL & Associates Properties, Inc.(CBL)
- [By Adam Levine-Weinberg]
Bon-Ton’s disappearance is likely to cause even more distress for Washington Prime and CBL & Associates Properties (NYSE:CBL). Both mid-tier mall operators have been suffering from department-store chains closing anchor locations at their properties.
Top 5 Heal Care Stocks To Buy For 2018: Grifols, S.A.(GRFS)
- [By Max Byerly]
Financial Gravity Companies Inc. raised its stake in shares of Grifols (NASDAQ:GRFS) by 264.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 13,862 shares of the biotechnology company’s stock after purchasing an additional 10,054 shares during the quarter. Financial Gravity Companies Inc.’s holdings in Grifols were worth $282,000 as of its most recent filing with the SEC.
- [By Shane Hupp]
Grifols (NASDAQ:GRFS) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.
- [By Monica Wolfe]
Grifols SA (GRFS)
Paulsons fourth largest holding is in Grifols SA where he holds on to 19,786,279 shares of the companys stock. His position in the company represents 4% of his total portfolio and 5.76% of the companys shares outstanding.