Billionaire Bets Big On Under-the-Radar Tech Stock
You may not have heard of Glenview Capital Management or Larry Robbins, who leads it, but the asset management firm oversees $4.4 billion and has taken a meaningful stake in one little-known firm that appears to be substantially undervalued.
The information technology services and consulting company that has earned Robbins favor goes by the name DXC Technology Company, » Read more about: Billionaire Bets Big On Under-the-Radar Tech Stock »
Read More1 Boring Stock a Billionaire Loves
Nearly all of America (and the world) are familiar with Al Gore — but what do you know about his fund: Generation Investment Management?
At last glance, Al Gore’s 13F portfolio value increased $250,000,000 from $23.86 billion to $24.11 billion.
His top five stakes?
- Baxter International Inc.
» Read more about: 1 Boring Stock a Billionaire Loves »
Read MoreWhy Upstart Could 5x In 5 Years
Upstart started offering three-year personal loans in May 2014, two years after its founding. Since then, the company has adopted artificial intelligence (AI) as an effective way to vet loan applicants and create connections between borrowers and lenders.
The company went public in 2020, making Q3 of 2021 its fourth quarter as a publicly traded company.
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Read MoreHow Do You Make Money When Markets Fall?
Overall, the stock market trends upward. Even when prices fall, you can expect them to eventually recover and move higher than ever. Despite this truth, investors tend to make irrational choices when stocks fall rapidly.
You don’t have to view falling markets as a negative event. In fact, drops create terrific opportunities for you to make strategic buys that can lead to short-term and long-term financial growth.
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Read MoreMarket Commentary: 1 Easy Way To Get Lots Of Extra Income
The S&P 500 has been on a monumental run over the past few months, climbing from near 4,100 last October to almost 5,000 more recently.
It’s a tough time for bulls and bears after such a sharp run up in a narrow time window. The options are to short the market at your peril or go long the market and risk a big drawdown.
» Read more about: Market Commentary: 1 Easy Way To Get Lots Of Extra Income »
Read MoreThe Burst
Alert: Buy Buffett’s Magic Line In The Sand
Investment Alert: Buy Occidental Petroleum (OXY) Under $57
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.
This might be among the shorter trade alerts of the year but that won’t make it any less valuable if we’re right.
» Read more about: Alert: Buy Buffett’s Magic Line In The Sand »
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