Billionaire money managers eye undervalued stocks like Domino's, Apple, Chipotle, Taiwan Semi, and Nike

From Nasdaq: 2025-01-09 05:21:00

Wall Street’s bull market rally in 2024 saw the Dow Jones, S&P 500, and Nasdaq hit record highs, with gains of 13%, 23%, and 29% respectively. Billionaire investors are eyeing undervalued stocks despite the rally, avoiding AI giant Nvidia in favor of other companies.
Warren Buffett sold $166.2 billion in stocks but bought Domino’s Pizza shares. The chain’s customer trust and growth initiatives caught his eye, making it a potential winner for Berkshire Hathaway.
Terry Smith invested in Apple due to its strong capital-return program. Apple’s Services segment and focus on subscriptions are driving growth despite high valuation concerns.
Philippe Laffont of Coatue Management bought Chipotle shares, attracted by its quality food and innovation. However, Chipotle’s high valuation and growth expectations pose challenges for the future.
Chase Coleman of Tiger Global Management added Taiwan Semiconductor shares, betting on its role in the AI industry and diverse operations. Concerns remain about a potential AI bubble bursting.
Bill Ackman invested in Nike despite sales declines, banking on the new CEO’s strategy to revamp the brand. If successful, Nike’s stock could offer a compelling value proposition.
Analysts recommend three "Double Down" stock picks, highlighting past successes with Nvidia, Apple, and Netflix. Investors are urged to seize this opportunity before it’s too late.

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