Value stocks articles
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Value of SOFAZ's stock portfolio reaches $12.5 bn
The value of the portfolio of listed shares of the State Oil Fund of Azerbaijan (SOFAZ) for Q1 of 2024 amounted to $12.5 bn, ABC.AZ reports with reference to SOFAZ.
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'Stunning rise': Trump Media's stock value shoots up after weeks of crashing
After weeks of plunging in value, former President Donald Trump's media company stock appears to be on the upswing Monday.According to CNBC, "The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. The DJT ticker was up more than $5 per share just before 1 p.m. ET." The company in question, which went public following a merger with a special purpose acquisition company, manages the former president's Truth Social...
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Billionaire Bill Gross' Tip for Investing: 'Stick To Value Stocks, Avoid Tech for Now'
In a recent post on X, Billionaire investor Bill Gross urged investors to avoid tech stocks. His recommendation came after the Bureau of Economics announced a weaker-than-expected U.S. GDP growth in Q1 2024 at an annual rate of 1.6%.As consumer prices remained elevated, Wall Street began pricing in reduced chances of interest rate cuts this year.Gross, co-founder of Pacific Investment Management Company, is known for creating the first investable market for fixed-income securities for all.In his...