AI Power Winners, Vodafone Analysis, Non-Magnificent 7 Surge, and More
Welcome back to the BBAE Blog, your trusted source for the latest investment insights and analyses from the BBAE team. Our featured articles for this week are:
- AI’s Not-So-Secret Winner: Independent Power Producers
- Vodafone is My #1 Stock: Insights from Rich McDonald
- InsiderEdge Highlights: June 2024’s Top Insider Trades
- Bezos sells $863 million in AMZN stock
- Non-Magnificent 7 Taking Off, Dirt-Cheap International Stocks, Polluters Perform Better
Need a reminder of why BBAE? We have one goal: to provide you with exclusive content and data to help you make informed investing decisions. Explore a wealth of market insights and potential investing opportunities that you can’t find anywhere else.
Make sure you catch our Weekly Roundup, where this week we explore the Non-Magnificent 7 taking off, dirt-cheap international stocks, and how polluters are performing better in the market.
AI’s Not-So-Secret Winner: Independent Power Producers
BBAE CIO James Early explores how AI’s increasing power demand is benefiting Independent Power Producers (IPPs). He examines the surge in US power load growth, IPPs’ market outperformance, and key players in the sector. Early also discusses various power generation methods and offers investment considerations for the IPP market. Read the full article here.
Vodafone is My #1 Stock: Insights from Rich McDonald
Former hedge fund portfolio manager and institutional trader Rich McDonald shares his top stock pick: Vodafone (NYSE: $VOD). In conversation with James Early, Rich discusses his strong preference for this steady telecom company. Despite lacking curb appeal, Rich believes Vodafone offers substantial return potential, making it an excellent investment for those with an 18-month time horizon. Watch the full interview to learn why Rich is so bullish on Vodafone.
InsiderEdge Highlights: June 2024’s Top Insider Trades
- Palladyne AI Corp. ($PDYN): On June 7th, a Director acquired 12,919 shares at $1.67/share, investing $21,587.65. The stock rose 18% to $1.97.
- FTAI Aviation Ltd. ($FTAI): On May 31st, the CEO and Chairman bought 59,000 shares at $82.00/share, totaling $4.84 million. The stock climbed 17.6% to $96.45.
- CSP INC /MA/ ($CSPI): On June 25th, a 10% Owner bought 3,950 shares at $13.89/share, investing $54,859.18. The stock increased 11.2% to $15.44.
Click here for the full InsiderEdge post, available daily in BBAE Discover.
Bezos sells $863 million of AMZN stock
Amazon.com Inc. ($AMZN) Executive Chair Jeff Bezos has sold a substantial stake in the company, as revealed by a recent InsiderEdge report referencing SEC filings. Over two consecutive days, Bezos divested 4,314,110 shares at $200.15 each, netting $863.49 million. Bezos has been a prescient seller in the past, making his actions worth close attention. Click here for the full InsiderEdge post.
Non-Magnificent 7 Taking Off, Dirt-Cheap International Stocks, Polluters Perform Better
This week’s news roundup covers several key topics:
- Is the Non-Magnificent 7 Ready to Surge?: The non-Magnificent 7 stocks in the S&P 500 may be poised for growth, with recent trading sessions showing stronger performance in equal-weight versus cap-weighted indexes.
- International Stock Valuations: International stocks appear cheap compared to the S&P 500, but their performance may be tied to U.S. dollar strength, warranting caution for investors.
- Pollution Premium in Stocks: Recent research suggests that high-polluting companies may generate higher returns for stockholders, challenging ESG investment assumptions but raising questions about methodology and bias in financial studies.
Read the full roundup post here.
Happy Investing,
Barry Freeman
CEO @ BBAE
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. Neither the author nor BBAE has a position in any investment mentioned.
