One Billionaire's Genius Plan to Save the US Dollar From Collapse?

If you're holding any US dollars, you need to see what this tech titan is up to now... This could be the biggest change to our financial system since the creation of the Federal Reserve in 1913. Hurry... He has said he could flip the switch "as early as mid 2024."

Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900

Surbhi Jain
June 25, 2024

Reddit user Asdeev_Drago sparked a lively debate on r/stocks, seeking advice on where to invest $4.9K after already buying Nvidia Corp (NASDAQ:NVDA), Palantir Technologies Inc (NYSE:PLTR), and Rocket Lab USA Inc (NASDAQ:RKLB) shares. Here's a roundup of the best stock picks and insights from the community.

Microsoft: The Tech Giant's Appeal

u/DOGEWHALE was quick to recommend Microsoft Corp (NASDAQ:MSFT), describing it as “basically a tech ETF” due to its diversification and stability.

u/Dry-Tough4139 echoed this sentiment, noting Microsoft's resilience among the Magnificent 7. They highlighted the company's cloud and subscription-based business software as major revenue drivers.

u/thememanss added that Microsoft's entrenched position as a business essential gives it a robust moat, making it a solid long-term investment.

Amazon: Dominating Multiple Sectors

u/ironcladjogging emerged as a huge Amazon.com Inc (NASDAQ:AMZN) bull, listing the company's extensive reach across e-commerce, cloud computing, AI, video streaming, advertising, shipping, healthcare, and space as reasons for its long-term growth potential. They emphasized Amazon's dominance in multiple sectors and aggressive investment in future technologies.

u/CAN_ONLY_ODD further pointed out Amazon's untapped potential in the grocery market, suggesting that cracking this sector could significantly boost its ecosystem.

Also Read: Amazon Plans Major Alexa Overhaul With AI-Powered Features: Report

Diversification vs. Concentration

While some users leaned towards individual tech stocks, others advocated for a more diversified approach.

u/jsmith47944 suggested that with an already aggressive portfolio, adding an ETF like SPDR S&P 500 ETF (NYSE:SPY) could offer a balanced risk-reward ratio. For those sticking with tech, u/MrTouchnGo recommended Vanguard S&P 500 ETF (NYSE:VOO) over SPY due to its better expense ratio.

The Palantir Debate

Palantir also sparked debate. u/T-Bone22 questioned its appeal, noting its stagnant performance over the past two years. u/Hail_To_Pitt2626 countered, arguing that Palantir is building a "massive sticky moat" and is poised for a breakout, potentially joining the S&P 500 within nine months.

However, u/seasick__crocodile dismissed these claims as exaggerated, while u/RevolutionaryPhoto24 expressed skepticism about Palantir's long-term viability despite its AI and defense hype.

The r/stocks community offered a range of insights, from the safety and resilience of Microsoft to the expansive growth potential of Amazon. While opinions varied, the consensus leaned towards tech giants with strong fundamentals and future growth prospects.

Read Next:

  • Roku Stock’s Wild Ride: Bullish Analysts Bet On Growth Despite Competitive Threats

Photo: Shutterstock

Continue Reading...

Popular

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Odds Of Kamala Harris Replacing Joe Biden As Democratic Presidential Candidate Raised By Crypto Bettors, Memecoin Themed On Her Surges 126%

The odds of Vice President Kamala Harris replacing President Joe Biden as the Democratic nominee for the 2024 presidential elections surged dramatically Tuesday on a cryptocurrency-based prediction market.

Federal Court Dismisses Marijuana Companies' Lawsuit Against Government Prohibition

Federal court dismisses marijuana companies' lawsuit against federal prohibition, citing Supreme Court precedent.

Weekend Trading: The Key to Conquer Volatility with Tim Sykes! - Ad

Discover the power of weekend trading with Tim Sykes' strategy. Turn market turbulence into your advantage. Trade with us and win in any market condition.

'Funny How They Blame Crypto,' Says Tesla Bull Ross Gerber After Report Indicates Citigroup Was Favorite Bank Of Money Launderers: We Know The 'Glaring Truth'

Influential investor and CEO of Gerber Kawasaki Wealth, Ross Gerber, has expressed skepticism over the blame often placed on cryptocurrencies in the face of regulatory concerns. What Happened: On Monday, Gerber took to X, formerly Twitter, to share his views on the ongoing debate around cryptocurrency regulation.

This Billionaire's Final Masterpiece: "X-9840" - Ad

The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."

Is The 'Bitcoin Trump Pump' Sustainable? Here's What 10x Research Thinks

A new report by 10x Research explores the recent Bitcoin (CRYPTO: BTC) price surge and its potential connection to former President Donald Trump‘s

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

RBC Calls Itself 'A Nervous And Jumpy Bull' As It Raises S&P 500 Outlook

RBC Capital Markets raises S&P 500 outlook with caution, citing valuation and sentiment concerns. It eyes 5-10% pullback and 6,159 target for 2025.

Tesla Rival BYD's EV Sales Jump 21% In Q2: Details

BYD Company reported a 21% increase in Q2 EV sales, with 426,039 units sold. Tesla faces a 6% drop in deliveries amid tough competition in China.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Why Humacyte Stock Is Trading 15% Higher Monday

Humacyte received the Food and Drug Administration's Regenerative Medicine Advanced Therapy designation for its Acellular Tissue Engineered Vessel.

Biden Administration Proposes New Rule To Protect 36M Workers From Heat-Related Injuries

The Biden administration has introduced a new rule to address excessive heat in the workplace, aiming to protect millions of workers from heat-related illnesses.

Google CEO: This Is likely Bigger Than Electricity - Ad

Electricity reshaped the economy, creating the FAANG stocks and boosting GDP by over 4,900%. AI is going to do it again.

US chipmaker onsemi will invest $2 billion in a chip production facility in the Czech Republic

PRAGUE (AP) — The U.S. chipmaker onsemi is planning a multi-year investment of up $2 billion in its production facility in the Czech Republic, the company and the Czech government said on Wednesday.

Solana's Answer To Dogecoin Outpeforms Broader Market With A 13% Spike: What's Up With Bonk?

Dog-themed meme token Bonk (CRYPTO: BONK) pipped heavyweights to emerge as the cryptocurrency market's biggest gainer Monday.

America's No. 1 AI Dividend Stock Revealed - Ad

Marc Lichtenfeld has just gone public with his No. 1 AI dividend stock. in his new "AI Income Playbook", you'll discover why this firm has become Marc Lichtenfeld's "No. 1 AI dividend stock"... Including its name, ticker symbol, and a full breakdown of its AI profit potential.

What's Going On With Workhorse Group Stock Monday?

Workhorse announced that its 750 medium duty electric vehicle will be showcased at the 14th Annual Clean Energy Roadshow and an uplift program through Surefitters

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival

On Tuesday, June 25, 2024, Cathie Wood-led Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU), amidst considerable market volatility.

Oppenheimer of Our Age Makes Startling Discovery - Ad

Elon Musk's former business partner, and the man who New York Magazine calls "The Oppenheimer of our Age"...Is working on a secret energy project that could power humanity for 4 BILLION years... And it all has to do with this golf ball.

e.l.f. Beauty Expands Roblox Partnership With Real-World Commerce Test

e.l.f. Beauty is testing real-world commerce on Roblox with support from Walmart. This initiative offers a limited-edition e.l.f. UP! Pets Hoodie.

Claim Your Free "AI Income Playbook" Now! - Ad

Income expert Marc Lichtenfeld has a special gift reserved just for you... It's his brand-new "AI Income Playbook" - and it's yours FREE! Inside, you'll discover how to tap the unlimited profit potential of artificial intelligence... With three explosive AI stocks that are handing out monster dividends like clockwork.

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Billionaire Peter Thiel Voices Skepticism On Bitcoin's Future Growth: 'I'm Not Sure It's Going To Go Up That Dramatically'

Tech billionaire Peter Thiel has voiced doubts about Bitcoin’s (CRYPTO: BTC) capacity for significant price growth while also expressing regret for not purchasing more of the cryptocurrency.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year

China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.

Top 3 Materials Stocks That May Explode In Q2

Here's the latest list of major oversold players in this sector, having an RSI near or below 30.

Warren Buffett's "Mystery Stock" - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Supreme Court Rejects Trump-Ally Steve Bannon's Appeal, Prison Sentence Looms

The Supreme Court dismissed Steve Bannon's final appeal to avoid prison, mandating him to report to prison by July 1 for his contempt of Congress conviction.

Maximize Your Profits, Trade the Weekends With Tim Sykes! - Ad

Weekend trading, where market volatility meets your financial goals with Tim Sykes' favorite strategy. The best part? You can get started for just $7.

Trump Vs. Biden: Latest Poll Results In Key State Of Virginia Spells Trouble For One Candidate And His Party

A recent poll shows a tie between President Joe Biden and former President Donald Trump in Virginia, a state that has been under Democratic control for the last two decades.

Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership

TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.

Weekend Gains Await You With Tim Sykes! - Ad

Volatility is your ally in weekend trading with Tim Sykes' strategy. Unlock your potential and turn market swings into profit. Start trading now!

Tesla's Chinese Rival NIO Unveils Fourth-Generation Battery Swap Stations With Nvidia Chips, Multi-Brand Support: Report

NIO debuts advanced fourth-gen battery swap stations with NVIDIA chips, enabling autonomous capabilities and faster service, revolutionizing electric vehicle charging infrastructure in China.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service