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2 Stocks to Watch From the Challenging Computer Industry

3 years 9 months ago
The Zacks Computer – Mini Computers industry is suffering from massive supply-chain and logistical issues, along with several pandemic-related and geopolitical challenges, including the ongoing Russia-Ukraine war. The declining demand for PCs has become a concern for indu

TQQQ, XDQQ: Big ETF Outflows

3 years 9 months ago
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 12,000,000 units were destroyed, or a 2.0% decrease week over week. Among the largest underlying components

Apple (AAPL) Expands Fitness+ With New Kickboxing Workout

3 years 9 months ago
Apple AAPL is expanding its Fitness+ content today with the introduction of Kickboxing, a new total-body cardio workout type. Each workout will be 10, 20, or 30 minutes long with no requirement for equipment.Apart from this, the iPhone maker will launch a brand-new medita

Hedge Funds Favor These 5 Big Tech Stocks

3 years 9 months ago
Shares of big tech companies lost substantial value in the past year due to macro challenges (high inflation and rising interest rates). While inflation has moderated a bit, economic uncertainty and the Fed’s hawkish stance continue to pose challenges. Despite headwinds, hedge fund managers have accumulated shares of Alphabet ( NASDAQ:GOOGL ), Microsoft ( NASDAQ:MSFT ), Amazon ( NASDAQ:AMZN ), Nvidia ( NASDAQ:NVDA ), and Apple ( NASDAQ:AAPL ) in the last three months.  Using TipRanks’ Hedge Fund Trading Activity tool (it provides  hedge fund signals based on data from Form 13-F), let’s find out which of these big tech stocks hedge funds bought in bulk.  Big Tech: Which Stock Did Hedge Funds Buy the Most? Our tool shows that hedge funds bought more GOOGL stock than any other stock in the last three months. Per the tool,  hedge funds bought 129.4M shares of GOOGL. Several hedge fund managers increased their holdings in Google's stock. The list includes Bridgewater Associates’  Ray Dalio, Caxton Associates LP’s  Andrew Law, and PYA Waltman Capital, LLC’s  J. William Waltman, Jr. Besides for GOOGL stock,  hedge funds acquired 33.2M shares of Microsoft. Further, they  bought 26.3M shares of Amazon. During the same period,  hedge funds bought 9.6M shares of Nvidia. Furthermore, they increased their exposure in Apple stock  by adding 671.9K shares.  While hedge funds bought GOOGL stock in bulk, should investors follow? Is GOOGL a Buy, Sell, or Hold? Along with hedge fund managers, GOOGL stock also has positive signals from Wall Street analysts. It has received 32 unanimous Buy recommendations for a Strong Buy consensus rating on TipRanks. Moreover, these analysts’ average price target of $126.09 implies 44.37% upside potential.  Tigress Financial analyst  Ivan Feinseth sees the recent pullback in GOOGL stock as a “major buying opportunity.”  Feinseth is upbeat about the ongoing strength in GOOGL’s Cloud and Search segments. Moreover, he expects the company to benefit from its investments in AI (Artificial Intelligence). Overall, with positive indicators from hedge funds and analysts, GOOGL stock has a maximum Smart Score of “Perfect 10.” ( Stay abreast of the  best that TipRanks’ Smart Score  has to offer.)  Bottom Line Hedge fund managers are known to deliver market-beating returns. Thus, retail investors could benefit from following their trades. As for GOOGL stock, positive signals from hedge funds and analysts and the momentum in its core business make it an attractive long-term play.    Find out which  stock the biggest hedge fund managers are buying right now. Disclosure

Can Shiba Inu Reach $1 in 2023?

3 years 9 months ago
There are a number of dog-inspired cryptocurrencies out there. Dogecoin is probably the first that comes to mind. But there's also Shiba Inu (CRYPTO: SHIB), which has produced a monster return of 529,000% since its launch in August 2020. This remarkable price performance even inc

12 Stock Market Predictions for 2023

3 years 9 months ago
Unless you're a short-seller or were heavily invested in energy stocks, there's a good chance you, along with most of the investment community, took it on the chin in 2022. When the curtain closed, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500

A Fresh Face-Off on the Market Cap Game Show

3 years 9 months ago
Small cap, midcap, large cap, megacap...? How do these companies compare? It's not enough to know the share prices; you have to know the market caps! And that's why we play this game -- now with a new "throwdown rule." Play along with our guests, Motley Fool Chief Investment Offi

3 Apple Stock Predictions for 2023

3 years 9 months ago
Over the past several years, Apple (NASDAQ: AAPL) has become the model for what tech companies want to be when they grow up. In the decade leading up to November 2021, Apple's revenue nearly tripled -- a remarkable feat for a company its size -- pushing its stock price up nearly
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