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Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’
24/7 Wall St.76d agobullish
Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Alex Sacerdote, founder of Whale Rock Capital, dropped a line on a recent Invest Like the Best episode that stopped listeners cold: “When we were buying Nvidia in 2023, we were paying 4 times earnings. When we bought Tesla in 2019 for the car S-curve, we were paying 5 times earnings. When we were owning ... Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Johnson And Johnson Buys Firefly Bio To Deepen Oncology Growth Story
Simply Wall St.76d agobullish
Johnson And Johnson Buys Firefly Bio To Deepen Oncology Growth Story

Johnson & Johnson agreed to acquire Firefly Bio for $1 billion in a move to expand its oncology pipeline. The deal adds degrader-antibody conjugate technology focused on KRAS-driven cancers to Johnson & Johnson's research efforts. The acquisition is aimed at strengthening Johnson & Johnson's position in cancer therapeutics beyond its existing portfolio. For investors tracking NYSE:JNJ, this acquisition comes with the stock at a share price of $232.16 and multi-year returns that have been...

Palantir (PLTR) and McCarthy Building Companies Announce Multi-Year, Multi-Million Dollar Strategic AI Partnership
Insider Monkey76d agobullish
Palantir (PLTR) and McCarthy Building Companies Announce Multi-Year, Multi-Million Dollar Strategic AI Partnership

Palantir Technologies Inc. (NASDAQ:PLTR) is one of the best NASDAQ stocks to buy and hold for 3 years. Palantir Technologies Inc. (NASDAQ:PLTR) and McCarthy Building Companies Inc. announced on June 4 a multi-year, multi-million dollar strategic partnership to bolster AI and data-driven decision-making across McCarthy’s operations. McCarthy Building Companies Inc. is one of the oldest […]

Is Amazon.com (AMZN) One of the Best NASDAQ Stocks to Buy and Hold for 3 Years?
Insider Monkey76d agobullish
Is Amazon.com (AMZN) One of the Best NASDAQ Stocks to Buy and Hold for 3 Years?

Amazon.com, Inc. (NASDAQ:AMZN) is one of the best NASDAQ stocks to buy and hold for 3 years. Reuters reported on June 4 that Pinterest announced that it would pay Amazon.com’s (NASDAQ:AMZN) AWS $4 ​billion for cloud services through 2031 in an attempt to bolster a long-term partnership between the two companies. Pinterest’s Chief Technology Officer […]

Is NVIDIA (NVDA) One of the Best NASDAQ Stocks to Buy and Hold for 3 Years?
Insider Monkey76d agobullish
Is NVIDIA (NVDA) One of the Best NASDAQ Stocks to Buy and Hold for 3 Years?

NVIDIA Corporation (NASDAQ:NVDA) is one of the best NASDAQ stocks to buy and hold for 3 years. Reuters reported on June 1 that NVIDIA Corporation (NASDAQ:NVDA) unveiled a new chip that incorporates AI capabilities directly into desktop computers and laptops. CEO Jensen Huang stated that the RTX Spark PC chip is part of the company’s […]

Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback
24/7 Wall St.76d agobullish
Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback

On Friday, June 5, Bitcoin fell below $60,000 for the first time since October 2024, putting the asset down roughly 50% from its peak. While Bitcoin has rebounded to over $63,000 as of Monday, June 8, it’s clear that crypto investors have missed out on the gains the market has seen so far this year. However, John ... Both Institutions and Retail Are Buying and Holding Crypto Despite Bitcoin’s 50% Pullback

1 Unstoppable Fast-Food Giant to Buy Hand Over Fist and Hold for 25 Years
24/7 Wall St.76d agobullish
1 Unstoppable Fast-Food Giant to Buy Hand Over Fist and Hold for 25 Years

McDonald’s (NYSE:MCD) has structural characteristics suited to multi-decade ownership, because its franchise-fee economics, dividend track record, and counter-cyclical value positioning make it one of the few consumer businesses that compounds quietly through every type of market. For an investor in their 50s or 60s who is tired of being whipsawed by every AI cycle, currency ... 1 Unstoppable Fast-Food Giant to Buy Hand Over Fist and Hold for 25 Years

Microsoft’s $9K Return on $1K Crushes The Market
24/7 Wall St.76d agobullish
Microsoft’s $9K Return on $1K Crushes The Market

A decade ago, Microsoft (NASDAQ:MSFT) was still living down its “lost decade.” Satya Nadella had taken the CEO seat in 2014 and was quietly rewiring the company around Azure, subscriptions, and partnerships the old Microsoft would have shunned. Ten years later, Azure is the second-largest cloud platform, Microsoft Cloud cleared $54.5 billion in a single ... Microsoft’s $9K Return on $1K Crushes The Market