article thumbnail

1 Unstoppable Multibagger Up 2,530% Since 2009 to Buy in 2024 and Hold Forever

The Motley Fool

Posting annualized total returns of 26% since its initial public offering in 2009, OTC Markets Group (OTC: OTCM) may be one of the most surprising multibaggers on the publicly traded markets. First, the company acquired Blue Sky Data and its state law compliance data on over 40,000 equity and debt securities for a mere $12 million.

article thumbnail

Is IonQ Stock a Buy?

The Motley Fool

The quantum computing startup went public by merging with a special purpose acquisition company (SPAC) on Oct. IonQ was one such company that missed its pre-merger expectations from 2021 to 2023. It's also increased its number of outstanding shares by about 12% since its SPAC merger. 1, 2021, and its stock opened at $10.60

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should You Buy Archer Aviation Stock While It's Below $9?

The Motley Fool

The developer of electric vertical take-off and landing (eVTOL) aircraft went public by merging with a special purpose acquisition company ( SPAC ), and it started trading at $9.90 It crashed and burned as it missed its own pre-merger expectations, racked up steep losses, and issued a lot more shares to raise fresh cash.

article thumbnail

Where Will Archer Aviation Stock Be in 3 Years?

The Motley Fool

Archer Aviation (NYSE: ACHR) , a developer of electric vertical take-off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) three years ago. Its pre-merger presentation claimed it would produce its first 10 eVTOL vehicles in 2024 and generate $42 million in revenue for the full year.

article thumbnail

Why Brookfield Infrastructure Partners Stock Rebounded and Jumped 15% in July

The Motley Fool

Its 2023 acquisition of the world's largest intermodal operator, Triton International, was a key contributor to second-quarter FFO growth. billion from asset sales in the coming quarters and believes there will be ample merger and acquisition opportunities in the second half of 2024 to reinvest all that money.

article thumbnail

Why Viking Therapeutics and Roche Holdings Popped Today, but Novo Nordisk Stock Dropped

The Motley Fool

That lessens the likelihood of investors receiving a quick cash-out in a mergers-and-acquisitions scenario. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, youd have $282,016 !* dividend, and Novo Nordisk stock, which costs less than 24 times earnings and pays 2.1%!

article thumbnail

A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 30% to Buy Right Now

The Motley Fool

These margins leave ample funding for mergers and acquisitions, stock buybacks, and dividend payment increases. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $368,053 !* Following the stock's 30% pullback, its 1.7% dividend yield now sits near 10-year high.