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Shareholders in Uber Technologies (UBER -0.16%) may feel they are in a difficult position. The stock sells for just below all-time highs, yet investors seem to have soured on the stock.
Here are three stocks favored by the Street's top pros, according to TipRanks.
Diversification, shmiversification. Billionaire Bill Ackman doesn't subscribe to the theory that he needs to own lots of stocks to be successful.
A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved by the Senate as a standalone measure, though it carries a significant cost. The Senate unexpectedly passed the No Tax on Tips Act late Tuesday when Sen. Jack Rosen, D-Nev., spoke in favor of the bill, which Sen. Ted Cruz, R-Texas., introduced earlier this year with Rosen as an original co-sponsor. Rosen asked for unanimous consent to pass the bill, and when no senators on hand objected, it passed the upper chamber. "No Tax on Tips was one of President Trump’s key promises to the American people, which he unveiled in my state of Nevada, and I am not afraid to embrace a good idea, wherever it comes from," Rosen said of the bill originally drafted by Cruz. The passage of the Senate's standalone no-tax-on-tips measure occurred ahead of the House's passage of the broader tax package favored by Republicans and President Donald Trump, which also includes a tem
The most recent round of tariff hikes that China and the United States are imposing on one another may be on hold for 90 days while the two nations negotiate new trade terms. But let's face it -- this is only a temporary reprieve.
April's whipsaw market volatility has calmed in May, following the U.S.-China tariff truce. Vulnerabilities persist, however, with the Q1 GDP contraction, Moody's credit downgrade, and a softening housing market. Recession risk remains elevated despite reduced forecasts, with potential deterioration if the 90-day tariff suspension ends without a resolution.
Growth stocks are one of the best tools to build wealth for retirement. These are the stocks of innovators and forward-looking companies that are investing in massive market opportunities that can deliver multibagger returns.
Bill Ackman's hedge fund, Pershing Square Holdings, is well-known for concentrating bets in fewer than a dozen names at any given time.
Investors love to see what billionaire hedge fund managers buy and sell. Hedge funds provide quarterly updates about their performance, and they also file a quarterly 13F that details their trades.
Nvidia supplies the world's most advanced artificial intelligence (AI) chips for data centers, but it also has a growing portfolio of other AI solutions. For example, Serve Robotics (SERV -3.47%) uses Nvidia's Jetson Orin hardware and software platform in its flagship Gen3 robots, giving them the capability to autonomously deliver food orders on behalf of platforms like Uber Technologies' Uber Eats.