TMQ, CVRS, NGD : US stocks Billionaires Buy.
@JC888:
New kids on the block If you have been around the block a few times, did you notice that it can be rewarding at times to “invest” in “popular or it" US equities (usually well-known companies that dominate headlines and attract significant investor attention), although it is not a guaranteed path to outperformance. Reasons behind popular stocks: (1) Market momentum & self-perpetuating trend. I cannot think of a better example than $NIO Inc.(NIO)$. At the peak of its hype, it commanded a $66 per share value, thanks to speculation driving its price higher & higher. Look at where it is now. (2) Strong fundamentals. Wanted to say the Magnificent 7. Might have to exclude 1