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Should Value Investors Buy Taiwan Semiconductor (TSM) Stock?

Bonsai Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 101.8% for the quarter (net of fees), outperforming their benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Bonsai Partners’ top 5 stock picks for […] …read more […]

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Cheap Tech Stocks to Consider for Your Portfolio

Cheap tech stocks can become a diamond in the rough for your investment portfolio. In fact, some of the most experienced investors have made their names through this industry.
Remember the Tesla (Nasdaq: TSLA) initial public offering (IPO) in 2010 was for $17 a share. It’s now trading over $1,800 and rising faster than ever, making Elon Musk the fourth richest man in the world. And to make it easier for smaller buyers to invest, there’s an upcoming five-for-one Tesla stock split.
Now, it may be difficult to reach the levels of Elon Musk. But you can carve out your own piece …read more […]

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Detached from reality? Why U.S. stocks just hit a new high

Has Wall Street missed the news that we are in a pandemic? The U.S. economy remains battered by the coronavirus outbreak and Congress is deadlocked on another stimulus bill – yet the U.S. stock market just hit a new record intraday high. While it may seem like investors have failed to factor in any of the bad news weighing on most U.S. households, there are several key reasons why the stock market has recovered and could continue to rally higher. …read more […]

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Morgan Stanley: 2 Stocks That Could Climb Over 30%

What will it take to fuel a stock market recovery? More stimulus. According to Morgan Stanley’s chief U.S. equity strategist Mike Wilson, the passage of another stimulus bill in the near-term is a “critical” component of the market’s recovery. Once the bill, which might reach $2 trillion, is passed, he argues the fiscal package will spur an increase in back-end interest rates, igniting a move to cyclical names.“The fiscal package ironically could actually stimulate the perception that the economy will be better next year, rates shoot up, and that will affect that rotation back towards these COVID beneficiaries in the …read more […]