Why Billionaires Are Betting Big on This Bitcoin ETF
Recently, a surprising number of billionaire hedge fund managers have been buying a single ETF. This fund, the iShares Bitcoin Trust ETF (IBIT), is a spot Bitcoin ETF that tracks the performance of the world’s largest cryptocurrency.
Managers such as Ken Griffin and Israel Englander have decided to buy this fund despite their proven acumen in picking individual stocks that outperform the market. » Read more about: Why Billionaires Are Betting Big on This Bitcoin ETF »
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Market Commentary: 1 Marine Stock On Sale
Buying a boat manufacturer ranks right up there as one of the most treacherous investments when interest rates are elevated, at least on the surface.
But then there’s Marine Products Corporation that trades with a price-to-earnings ratio of just 7x. Not only is the PE ratio attractive but the earnings have been growing steadily quarter over quarter and operating income looks very attractive for the past three years too.
» Read more about: Market Commentary: 1 Marine Stock On Sale »
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Market Commentary: 1 Pet Stock You Would Be Barking Mad To Overlook
Following a market correction in 2022 of about 20%, this year has been topsy turvy with some stocks doubling and others lagging like an anchor is tied to their share price.
PetMed Express falls into that latter category as losses mounted but the underwhelming performance has created a potential opening for value investors to get in at really low prices.
» Read more about: Market Commentary: 1 Pet Stock You Would Be Barking Mad To Overlook »
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Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock
David Einhorn has made a name for himself as the founder of Greenlight Capital, which manages around $1.7 billion at last count in Q3 2023.
Interestingly, the fund has made a massive bet on another company with Green in its name, Green Brick Partners. It’s an unfamiliar name to many investors and even those who do know of it may wonder why such a huge position was established by Einhorn and his investment team.
» Read more about: Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock »
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Alphabet’s $32 Billion Bet: Smart Move or Costly Mistake?
Alphabet tripled its price per share over the past 5 years thanks to Google Search, which has the largest share of the search engine market, Android the largest mobile operating system in the world and YouTube the dominant video-sharing platform.
But now it sits at a crossroads, and the question for investors is has the time come to sell the Search giant?
» Read more about: Alphabet’s $32 Billion Bet: Smart Move or Costly Mistake? »
Read MoreThe Ivy
Time to Buy Leveraged NVIDIA? The Double-Edged Sword
NVDL is shorthand for the GraniteShares 2× Long NVDA Daily ETF, a leveraged fund that’s designed to return twice the daily performance of NVIDIA stock.
So, is NVDL a smart play or a high-voltage hazard?
Key Points
- NVDL delivers 2× NVIDIA’s daily returns, not long-term gains.
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Traders use NVDL to amplify short-term bets on NVIDIA without options or margin accounts.
» Read more about: Time to Buy Leveraged NVIDIA? The Double-Edged Sword »
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1 Social Media Stock Savvy Investors Are Watching
Reddit, often referred to as “the front page of the internet,” has a claim to fame that over 400 million monthly active users engage with it across 130,000 active communities.
There is no two ways about it, Reddit has carved out a niche in the social media landscape that is distinct from giants like Facebook and Twitter.
» Read more about: 1 Social Media Stock Savvy Investors Are Watching »
Read MoreThe Daily
Could This Be the Best Way to Invest in AI Without Buying a Single Chip Stock?
Investing in artificial intelligence infrastructure is a sound strategy.
In the world of artificial intelligence (AI) stocks, a significant amount of investor interest gets focused on the chipmaking side of the industry. That’s understandable, as some of the most important players in the space operate in those businesses.
Nvidia,
» Read more about: Could This Be the Best Way to Invest in AI Without Buying a Single Chip Stock? »