Markets

” Billionaire Investors Eye These 10 Beaten Down Stocks\n\nThe stock market has been a wild ride in recent years, but that hasn’t stopped billionaire investors from keeping a close eye on quality stocks. We take a look at 10 beaten down stocks that have caught the attention of billionaires.\n\nInvestor sentiment in the US markets is currently bullish, with improvements in the macroeconomic environment and potential interest rate cuts. This follows a rough year for the stock markets in 2022, with NASDAQ 100 declining more than 30% and S&P 500 going down more than 19%. Some stocks have shown impressive resilience and have caught the attention of billionaire investors.\n\nThe Magnificent Seven – Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla

” Billionaire Investors Eye These 10 Beaten Down Stocks\n\nThe stock market has been a wild ride in recent years, but that hasn’t stopped billionaire investors from keeping a close eye on quality stocks. We take a look at 10 beaten down stocks that have caught the attention of billionaires.\n\nInvestor sentiment in the US markets is currently bullish, with improvements in the macroeconomic environment and potential interest rate cuts. This follows a rough year for the stock markets in 2022, with NASDAQ 100 declining more than 30% and S&P 500 going down more than 19%. Some stocks have shown impressive resilience and have caught the attention of billionaire investors.\n\nThe Magnificent Seven – Apple, Amazon, Alphabet, Meta Platforms, Microsoft, NVIDIA, and Tesla – have seen an average 70% increase in their stock prices this year, while the rest of the S&P 500 constituents have only seen a measly 6% average increase. There are still some quality stocks with poor year-to-date performance that provide a reasonable investment option and improved upside potential.\n\nTo compile our list, we looked at stocks with year-to-date performance worse than -20% and market capitalization of more than $2.0 billion. Then, we selected the stocks with the most billionaire investors as of September 2023. These stocks, despite their current performance, have caught the attention of billionaires and are worth considering for any investor’s portfolio.\n\n Dividend stocks are often seen as a safe and reliable investment option, but not all dividend stocks are created equal. Some carry high risks and may not be worth the potential returns. Here are three dividend stocks to avoid, each earning an F rating in Portfolio Grader.\n\nAbrdn Income Credit Strategies Fund (ACP) is a closed-end fund that has seen a decline of over 20% in the past year. While the high forward dividend yield of 14.35% may seem enticing, the market has priced ACP accordingly. With the Fed potentially raising interest rates and the current economic downturn increasing default risk, ACP’s portfolio of low-rated debt securities may suffer. This could result in another dividend cut, as seen in 2020. ACP is not a safe bet for investors.\n\nAdeia (ADEA) may have a low forward dividend yield of 1.89%, but the company’s earnings are expected to fall by nearly 30% this year. This raises concerns about the sustainability of its current payout. With an F rating in Portfolio Grader, it’s best to avoid ADEA.\n\nAbrdn Emerging Markets Equity Income Fund (AEF) is another CEF with a smaller forward yield of 6.6%. Its portfolio is full of stocks at high risk of dividend cuts. If this happens, AEF’s share price is likely to fall as well. “$JD, $DEX2023-12-14T14:30:17.582Z

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