Key Points The Magnificent Seven tech stocks led the market higher in recent years — but they stumbled in the first quarter. Each of these players is involved in the high-growth field of AI. 10 stocks we like better than Microsoft › The Magnificent Seven isn’t just a Western from 1960. The term these days…
Key Points John Ternus is set to take over as chief executive officer during a period of accelerating iPhone sales. The company’s product pipeline includes a rumored iPhone Ultra, a wildly popular MacBook Neo, and a smarter Siri. A price-to-earnings ratio of 40 might not be out of the question if a new era of…
Key Points Lucid raised a combined $1.05 billion in capital last week. The company’s cash burn remains a significant concern for investors. In addition to potentially needing more capital, Lucid has been slower to improve gross profitability. 10 stocks we like better than Lucid Group › Lucid (NASDAQ: LCID) has always been an intriguing and…
Key Points Finding stocks with 1,000% potential upside is difficult. But it’s not impossible. Just ask long-term Tesla (NASDAQ: TSLA) shareholders. Since going public, Tesla shares have risen in value by more than 31,000%. Of course, Tesla’s rise took decades to fully play out. That means shareholders needed to demonstrate extreme levels of patience. But…
Key Points Apple (NASDAQ: AAPL) had some big news to announce on April 20: CEO Tim Cook is stepping down. This is a big deal because Cook took over the CEO role in 2011, and Apple’s performance during his leadership was nothing short of impressive. Cook assumed the CEO position on Aug. 24, 2011. Since…
Key Points Rivian Automotive‘s (NASDAQ: RIVN) market cap currently hovers around $21 billion. Meanwhile, Tesla (NASDAQ: TSLA), the biggest EV stock on the planet, has a market cap of nearly $1.2 trillion. If Rivian could attain Tesla’s valuation, there would be more than 5,000% in potential upside. Of course, Rivian won’t close that valuation gap…
Key Points It’s an entirely new era for Berkshire Hathaway, with longtime CEO Warren Buffett retiring on Dec. 31 and his understudy, Greg Abel, taking the reins. The Oracle of Omaha and Abel share similar investment philosophies, right down to devoting an outsize share of capital to their best ideas. Many of the billion-dollar wagers…
Key Points The billionaire venture capitalist Tim Draper has invested in scores of successful start-ups, including Tesla, Skype, and Robinhood. Draper also got into crypto early. While the crypto market has struggled, Draper is super bullish on one coin during the next 18 months. 10 stocks we like better than Bitcoin › It has been…
Key Points Some of the biggest casualties of the Nasdaq correction were artificial intelligence (AI) chip stocks. Micron’s parabolic rise came to a screeching halt, but the company is well positioned for a rebound. Demand for high-bandwidth memory (HBM), DRAM, and NAND chips provides Micron with compelling secular growth tailwinds. 10 stocks we like better…
Key Points The IPO date and price range for the proposed offering have not yet been set. Cerebras intends its stock to be listed in the United States on the Nasdaq stock exchange under the ticker “CBRS.” Cerebras could prove a formidable competitor to AI chip leader Nvidia, in my opinion. 10 stocks we like…