Financial Markets

Volkswagen admitted it cheated on emission tests in the United States. The financial costs are high: the U.S. Environmental Protection Agency ("EPA") may fine the company up to $18 billion. This represents 33.6 percent of the beleaguered car company's market capitalization. The EPA will likely re-check diesel-fueled cars produced by General Motors (NYSE:GM) and Fiat Chrysler (NYSE:FCAU).

Buy Ford As Volkswagen Struggles Volkswagen's tarnished reputation creates opportunities for its competitors.Ford stands out as a beneficiary.Strong sales for Ford's F150 not priced in stock.

When Valeant Pharmaceuticals (NYSE:VRX), then known as Biovail, was recommended for investors as a stock to buy in March 2009, the timing could not have been more perfect.

As luck would have it, it turned out that was the year stocks would bottom. Valeant was just restructuring its board, and it was starting on an acquisition spree. To-date, Valeant made 140...

Take Profits In Valeant And Buy Celgene, Gilead Sciences Valeant is down sharply from yearly highs.Investors should shy away from Valeant as debt levels increase.Growth supported by excessive acquisitions.