Stanley’s Latest Bold Bet, Should You Follow?
Billionaire Stanley Druckenmiller has been shaking up his portfolio lately, selling his entire stake in NVIDIA and most of his Palantir shares in order to diversify into more value-oriented stocks.
One of the most interesting buys Druckenmiller has made has been a 1.43 million share stake in Teva Pharmaceutical Industries (NYSE:TEVA).
Why is Druckenmiller buying this generic drug major at the moment, » Read more about: Stanley’s Latest Bold Bet, Should You Follow? »
Read MoreHow To Spot a 100% Winner
It wasn’t long ago that I highlighted Planet Labs as a stock with the potential to blast off. At the time it was sitting at $1.90 per share.
Fast forward to the present and Planet Labs has soared well above $4 per share and is now posting gains of over 100%.
» Read more about: How To Spot a 100% Winner »
Read MoreIs Palantir on the Precipice of a Sharp Fall?
Palantir (NYSE:PLTR) has been among the biggest beneficiaries of this year’s AI bull run and the more recent post-election rally. The stock started this year at just $16.58 and has since skyrocketed to over $60 per share.
The last month has been particularly dramatic when PLTR started November a little over $40 before being pushed skyward following election news that was deemed positive and a stellar Q3 earnings report.
» Read more about: Is Palantir on the Precipice of a Sharp Fall? »
Read MoreWill Trump’s Energy Secretary Pick Drive Oklo Higher?
Oklo (NYSE: OKLO) shares surged over 18% Monday after President-elect Donald Trump named Liberty Energy CEO Chris Wright as his pick for Energy Secretary.
For Oklo investors, the selection carries special significance – Wright currently serves on Oklo’s board of directors, potentially giving the nuclear innovation company an influential ally in Washington just as it hits its stride with commercial deployments and new acquisitions.
» Read more about: Will Trump’s Energy Secretary Pick Drive Oklo Higher? »
Read More2 Stocks Buffett Is Snapping Up
Warren Buffett appeared to take a hard look at the market last year and decided he wanted to sell shares in plenty of companies, including Apple, Bank of America, and Charter Communications. His holding company, Berkshire Hathaway, even sold every share (nearly 4 million) in Floor & Decor Holdings. Overall, Buffett unloaded $133 billion in shares in 2024.
» Read more about: 2 Stocks Buffett Is Snapping Up »
Read MoreThe Ivy
Are Only 2 Stocks of Stan’s On Sale?
Stanley Druckenmiller has an exemplary history and track record trading so we wanted to investigate whether any opportunities leap out in his current portfolio.
Which positions, if any, are underwater? And are there any diamonds in the rough now that are on sale?
In Druckenmiller’s Duquesne Family Office there are 75 stock positions as of September 30,
» Read more about: Are Only 2 Stocks of Stan’s On Sale? »
Read MoreThe Spotlight
Will Costco Finally Split Its Sky High Stock?
Costco’s stock price has experienced enormous growth over the last few years. At the beginning of 2020, you could purchase a share for a little less than $300. Today, shares trade for closer to $1,000.
Not surprisingly, this growth has encouraged a lot of analysts to speculate about when Costco will split its shares.
» Read more about: Will Costco Finally Split Its Sky High Stock? »
Read MoreThe Daily
China’s nod for insurers to buy gold seen aiding rally past US$3,000: analysts
China’s decision to allow its insurers to invest in gold will create a new set of buyers and complement purchases by global central banks, potentially driving prices to new heights, according to industry players.
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Gold has risen more than 10 per cent this year to a record US$2,954 per ounce (28.3 grams) on Thursday,
» Read more about: China’s nod for insurers to buy gold seen aiding rally past US$3,000: analysts »