From Nasdaq: 2024-06-09 08:18:00

Billionaire activity in the investment market gains individual investors’ attention. Warren Buffett and other billionaires’ 13-F filings to the SEC are scrutinized for insights. Alphabet, Uber Technologies, and Texas Instruments are believed to have growth potential. Bridgewater founder Ray Dalio has added more shares of Alphabet, considering it a bargain with a modest P/E ratio and revenue growth.

Uber Technologies has become a popular pick among hedge funds, including the late Jim Simons’ Renaissance Technology. With a strong market share in the U.S., Uber is expected to see rapid earnings growth. Analysts predict over 50% annual EPS growth for the next three to five years, making the stock an attractive investment.

Elliott Management’s investment in Texas Instruments has raised interest. The company’s falling free cash flows and ambitious capacity plans have prompted shareholder activism. Elliott aims for increased free cash flow above the current annual payout per share, urging the company to prioritize cash flows to attract investors.

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Read more at Nasdaq: Have You Heard? Billionaires Are Buying Up Shares of These 3 Stocks.