Billionaires are buying high-octane stocks like Alibaba, Coupang, and Chipotle
From Nasdaq: 2024-06-01 08:00:00
Motley Fool contributors recommend high-octane stocks favored by billionaire investors: Alibaba Group, Coupang, and Chipotle Mexican Grill. Alibaba facing economic headwinds, but potential for revenue growth from international expansion and AI services. Coupang shows rapid growth in revenue and profit, attracting billionaire investors like Druckenmiller and Stad. Chipotle remains a reliable gainer, with strong comparable sales growth and stock split announcement. Retail investors encouraged to consider adding Chipotle shares to their portfolios.
Consider investing in Alibaba Group Stock Advisors present top 10 stock picks, excluding Alibaba. Advisor service has outperformed S&P 500 since 2002. Jennifer Saibil, Jeremy Bowman, and John Ballard have positions in MercadoLibre and other stocks. Motley Fool has positions in and recommends Chipotle Mexican Grill, Coupang, MercadoLibre, and Microsoft. Disclosure policy applies. Personal views expressed by contributors.
Read more at Nasdaq: 3 High-Octane Stocks That Billionaires Are Buying