My No. 1 Cryptocurrency to Buy Now That Donald Trump Won the Election (Hint: Not Bitcoin)
Crypto stakeholders got exactly what they wanted with Donald Trump’s election win. The price of Bitcoin is at all-time highs of more than $85,000.
Mexico's Third-Richest Billionaire Just Bought This Popular Cryptocurrency
Recent post-election gains could be yet another reason to buy Bitcoin, according to one of Mexico’s wealthiest investors.
Bitcoin (BTC 4.95%) has been enjoying a post-election rally as the market prices in the anticipated effects of President Donald Trump’s economic policies, including some that appear to favor crypto.
» Read more about: Mexico's Third-Richest Billionaire Just Bought This Popular Cryptocurrency »
Read MoreUS small-business optimism rose in the weeks before the election
US SMALL-BUSINESS optimism rose in October on brighter views for the economy in the lead-up to the election.
The National Federation of Independent Business sentiment index rose 2.2 points to 93.7, matching the highest reading since early 2022. The group’s uncertainty index climbed to a fresh record, which will likely subside now that the election is over.
» Read more about: US small-business optimism rose in the weeks before the election »
Read More3 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not
Just because they aren’t anyone’s favorites right now doesn’t mean they’re not worth owning.
Most of the time, Wall Street gets it right. That is to say, more often than not, investors and analysts alike price a stock appropriately based on the underlying company’s performance and prospects.
Every now and then,
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Read MoreIt’s hard to find an active manager outperforming the S&P 500 – buy it when you do
This is different from most funds, which either plump for value or growth or attempt the difficult task of balancing both styles together.
The dual strategy shows in the trust’s 10 biggest holdings, which are neatly divided with the top five of magnificent seven growth stocks – Microsoft, Amazon,
Read MoreThe Burst
Alert: 43.7% Upside in POT Stock (No, Not That Pot)
Investment Alert: Buy Mosaic (MOS) Under $37/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
We found a pot stock with lots of upside,
» Read more about: Alert: 43.7% Upside in POT Stock (No, Not That Pot) »
Read MoreThe Ivy
1 Unusual Stock Trading at Rock Bottom Levels
It’s rare to find an $8.6 billion market capitalization firm that is severely undervalued. Once you get to the billion dollar company level, analysts and investors are astutely aware of what an enterprise is worth as they run quarterly financial models to assess value.
But every once in a while a deal crops up,
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Read MoreThe Spotlight
The Next Trillion Dollar Company?
The economic ups and downs of 2020 put entire industries underwater, but the technology sector thrived. There was instant demand from consumers, educational institutions and businesses of all sizes for cloud-based services, which drove up revenue—and share prices—for companies like Amazon, Netflix, Zoom and Peloton.
Of course, that growth wasn’t limited to US-based companies.