Tue.Dec 19, 2023

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A Bull Market Is Coming: 1 Magnificent Growth Stock to Buy Before It Soars 120%, According to a Wall Street Analyst

The Motley Fool

At the onset of the pandemic, PayPal Holdings (NASDAQ: PYPL) reported turbocharged growth as business closures and social distancing drove consumers online. But its momentum faded as high inflation stunted discretionary spending, so much so that management nixed its medium-term financial targets. Many investors interpreted that as a sell signal. PayPal stock had already started falling in response to economic uncertainty, but the sell-off accelerated when the company revised its outlook.

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Platinum Equity-backed Hop Lun buys swimwear company Rainbow West Apparel

PE Hub

Based in Hong Kong, Hop Lun is a designer and maker of undergarments and swimwear. The post Platinum Equity-backed Hop Lun buys swimwear company Rainbow West Apparel appeared first on PE Hub.

Companies 239
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49.1% of Warren Buffett's $373 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks

The Motley Fool

Warren Buffett has led the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for more than 50 years. Between 1965 (when he took control of Berkshire) and 2022, the shares delivered a whopping 3,787,464% gain. That translates to a 19.8% compound annual return, which is about twice the return of the benchmark S&P 500 index. It could have turned an investment of just $100 in 1965 into more than $3.7 million today.

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GI Partners to acquire telecom service provider DQE Communications

PE Hub

The seller was Duquesne Light Holdings. The post GI Partners to acquire telecom service provider DQE Communications appeared first on PE Hub.

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Here's Why Going Over Budget to Buy Your Dream Home Is a Move You Might Sorely Regret

The Motley Fool

Image source: Getty Images When you're buying a home, it's important to set a budget ahead of time so you can narrow down your search. And that budget should hinge on several factors, including: Your down payment savings Your income The amount of money a mortgage lender approves you to borrow But if you're going to set a home-buying budget, you should make a point to actually stick to it.

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Cambridge Associates’ Andrea Auerbach: Rate cuts in 2024 may break the transaction logjam and spur activity

PE Hub

'Much like covid variants, 2023’s challenges will evolve and expand as we head into 2024, and some might even abate.' The post Cambridge Associates’ Andrea Auerbach: Rate cuts in 2024 may break the transaction logjam and spur activity appeared first on PE Hub.

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H.I.G. to acquire ZimVie’s spine business

PE Hub

According to terms of the deal, ZimVie will receive $375 million in total consideration. The post H.I.G. to acquire ZimVie’s spine business appeared first on PE Hub.

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Why Is Florida Homeowners Insurance Getting So Expensive?

The Motley Fool

Image source: Getty Images Florida has long been considered a highly desirable place to live, and for a few reasons. It has warm weather, no state income tax, and there are several metropolitan areas where the cost of living is well below the national average. However, there is one expense that has been rising rapidly that has started to make many people think twice about moving to the Sunshine State -- homeowners insurance.

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Fengate buys heat and power facility Morris Cogeneration from Atlantic Power and Utilities

PE Hub

The firm acquired ownership of the facility under its strategic operating partnership with Ironclad Energy. The post Fengate buys heat and power facility Morris Cogeneration from Atlantic Power and Utilities appeared first on PE Hub.

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What Is the Best Large-Cap Growth ETF to Buy Right Now?

The Motley Fool

Large-cap growth stocks have been soaring this year, driven by the strong demand for artificial intelligence and cutting-edge weight loss drugs. Consequently, several exchange-traded funds (ETFs) that focus on these themes have delivered impressive returns this year. Perhaps most importantly, though, this trend is likely to continue in the coming years as AI becomes more pervasive and more next-generation weight loss medicines hit the market.

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Turning Rock backs pet services provider Best Friends Pet Care

PE Hub

Existing shareholders also participated in the new round of capital. The post Turning Rock backs pet services provider Best Friends Pet Care appeared first on PE Hub.

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1 Warren Buffett ETF to Buy and Hold for Decades

The Motley Fool

The right investments can supercharge your portfolio, helping you maximize your earnings while minimizing risk. It can be tricky, though, to invest in the right places, especially when everyone's preferences and needs will be slightly different. While there's no single correct way to invest, there is one exchange-traded fund (ETF) that could be a good fit for many people.

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Carlyle and Insight Partners to invest in enterprise software firm Exiger

PE Hub

The company’s management, founders, and existing investor Carrick Capital Partners will reinvest equity as part of this transaction. The post Carlyle and Insight Partners to invest in enterprise software firm Exiger appeared first on PE Hub.

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3 HSA Rules to Follow in 2024

The Motley Fool

The ability to contribute money to an HSA hinges on the type of health insurance plan you have. To qualify for an HSA, you must be enrolled in a high-deductible health insurance plan. In 2024, that means having a minimum deductible of $1,600 for self-only coverage, or $3,200 for coverage at the family level. If you're able to fund an HSA in 2024, that's an option you'll want to take advantage of.

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BPOC-backed Atlas Clinical Research scoops up therapeutic research facility Suncoast

PE Hub

Atlas Clinical Research is a clinical site network. The post BPOC-backed Atlas Clinical Research scoops up therapeutic research facility Suncoast appeared first on PE Hub.

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Can Costco Stock Reach $1,000 in 2024?

The Motley Fool

Costco Wholesale (NASDAQ: COST) , a thriving business that has flown under the radar this year due to the intense focus on tech and artificial intelligence, just reported its fiscal 2024 first quarter (ended Nov. 26) financial results. And it seems like the market came away impressed. Shares have crushed the S&P 500 in 2023, up 44%. This continues a long history of outsized returns for investors.

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CPP Investments pours additional £300m into Octopus Energy

PE Hub

Octopus Energy Group is a British renewable energy group specializing in sustainable energy. The post CPP Investments pours additional £300m into Octopus Energy appeared first on PE Hub.

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Will Taiwan Semiconductor Be a Trillion-Dollar Stock by 2030?

The Motley Fool

Many components are necessary for complicated devices like cellphones and graphics processing units, and none are more vital than the microscopic chips that provide the computing power. Among the chip manufacturers, none is more important than Taiwan Semiconductor (NYSE: TSM) , the world's largest contract chip manufacturer. It's already a monster with a $536 billion market cap.

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Nordic Capital acquires healthcare tech firm IntegriChain

PE Hub

The seller was Accel-KKR. The post Nordic Capital acquires healthcare tech firm IntegriChain appeared first on PE Hub.

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Can Shiba Inu Reach $1?

The Motley Fool

More than two years after the peak of meme coin mania, Shiba Inu (CRYPTO: SHIB) remains a favorite target of crypto investors in search of the ultimate low-cost, high-upside investment. Despite the fact that it is still trading for the unbelievably low price of just $0.000010, many investors remain bullish that Shiba Inu can one day reach the $1 mark.

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Announcement: PEI Group agrees further funding from Bridgepoint for next stage of growth

PE Hub

'Our initial investment in 2018 via our small mid-cap fund has been highly successful and we’re delighted that Bridgepoint will be able to continue working with management and provide additional investment for the next stage of growth of PEI,' says Bridgepoint. The post Announcement: PEI Group agrees further funding from Bridgepoint for next stage of growth appeared first on PE Hub.

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2 Unknown Artificial Intelligence (AI) Stocks That Could Be Huge in 2024

The Motley Fool

2023 has been a fascinating year for investors. What started with hand-wringing and fear finished with the Dow Jones Industrial Average and S&P 500 indexes near record highs and the Nasdaq Composite not too far behind. There were at least two big reasons for the resurgence. First, a recession that was predicted by many failed to materialize, thanks in part to efforts by the Federal Reserve.

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FirstService buys Soundcore-backed Roofing Corp of America

PE Hub

Under the terms of the deal, FirstService will acquire a significant controlling interest for a purchase price of $413 million. The post FirstService buys Soundcore-backed Roofing Corp of America appeared first on PE Hub.

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3 "Magnificent Seven" Artificial Intelligence (AI) Stocks Will Leapfrog Apple to Join the $3 Trillion Club, According to 1 Wall Street Analyst

The Motley Fool

After turning in a dismal performance last year, the stock market has come roaring back, within striking distance of a new bull market. Helping fuel the market recovery is the viral excitement surrounding artificial intelligence (AI). The list of this year's best performers is littered with companies best positioned to benefit from these next-generation algorithms.

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JMI Equity promotes Schmitt to partner

PE Hub

Schmitt, who is based in Baltimore, will continue serve in her CFO role. The post JMI Equity promotes Schmitt to partner appeared first on PE Hub.

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1 Incredible Stock on Its Way to Join Alphabet, Amazon, Apple, Microsoft, and Nvidia in the $1 Trillion Club in 2024

The Motley Fool

If you're looking for a CEO you can rely on to grow the value of their business, it's hard to pick anyone more likely to succeed than Warren Buffett. The nonagenarian has been at the helm of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) since 1965, and its value has risen at a pace that few money managers have achieved even when measured with much shorter timeframes.

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Neighbourly backer PCP lowers offer to take company private

PE Hub

Based in Toronto, Neighbourly Pharmacy is a network of community pharmacies. The post Neighbourly backer PCP lowers offer to take company private appeared first on PE Hub.

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3 Artificial Intelligence (AI) Stocks for 2024 (and Beyond)

The Motley Fool

What was the top financial story of 2023? It has to be Artificial Intelligence (AI), right? No other subject dominated the headlines quite like AI. Whether it was ChatGPT, viral AI-generated images, or the failed ouster of Sam Altman at OpenAI, it seems AI keeps pumping out big stories, one after the other. So, with 2024 right around the corner, here are three AI stocks worth owning in 2024 -- and beyond.

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Carlyle, Insight invest in enterprise software; Bridgepoint to reinvest in PEI; Andrea Auerbach predicts 2024 uptick

PE Hub

Bridgepoint is reinvesting in PEI. The post Carlyle, Insight invest in enterprise software; Bridgepoint to reinvest in PEI; Andrea Auerbach predicts 2024 uptick appeared first on PE Hub.

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Huge News: Coinbase's $300 Trillion Opportunity

The Motley Fool

Coinbase (NASDAQ: COIN) has been talking about disrupting traditional finance markets for years, but it may finally be turning that potential into reality in the $300 trillion global debt market. A test debt product was produced and matured, showing the blockchain's capability to provide transparency and fast settlement for investors. In this video, Travis Hoium covers Coinbase's new financial product and tells how it could disrupt a massive amount of financial transactions in the future.

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First Reserve snaps up turbomachinery maintenance services firm AP4

PE Hub

AP4 was founded in 1990. The post First Reserve snaps up turbomachinery maintenance services firm AP4 appeared first on PE Hub.

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New Year's Resolution: Buy This Artificial Intelligence (AI) Stock Hand Over Fist

The Motley Fool

Investors will likely remember 2023 as the year artificial intelligence (AI) found footing in the market. With the excitement generated by ChatGPT, investors have rushed into many prominent AI stocks. Such price action may persuade investors to make a New Year's resolution to buy a specific stock. Verizon (NYSE: VZ) is one to consider. Investors hammered it as debt costs and growth struggles weighed on the telecom stock.

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Bluejay Capital-backed BWT acquires International Express Trucking

PE Hub

BWT is a B2B warehousing and transportation business. The post Bluejay Capital-backed BWT acquires International Express Trucking appeared first on PE Hub.

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My 6 Largest Portfolio Holdings Heading Into 2024 -- and the Important Investing Lesson I Learned From Each One

The Motley Fool

After an absolute disaster of a year in 2022, the stock market appears to have turned the corner. Each of the major market indexes has gained more than 20% from their respective trough. Perhaps more importantly, the S&P 500 and the Nasdaq Composite are within striking distance of new highs, which will check the final box marking the start of a new bull market.