Andurand Hedge Fund's Losses Worsen to 60% as Turmoil Spreads
The Andurand Commodities Discretionary Enhanced fund slumped about 12.7% in the first three weeks of June, according to people with knowledge of the matter. That took losses this year to about 60%, the people said, asking not to be identified because the details are private.
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Piper Sandler Reduces PT on lululemon athletica (LULU) Stock
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7.7% and 8.7% yields! 2 dividend stocks I'm considering buying to hold until 2035
Looking for great UK dividend stocks to buy? Here are two on my own personal watchlist. Targeting stable dividends I think renewable energy stocks like Greencoat Renewables (LSE:GRP) have considerable growth opportunities as the push towards net zero continues. The world's energy needs are growing, and green sources are having to make up a growing portion of the overall mix as the world reduces fossil fuel use. The outlook for the sector is especially bright in Europe — Greencoat believes the continent's renewables market will be worth €1.3trn by 2030, and will swell to €2.5trn by 2050. What I like about this particular stock is its wide geographical footprint. Energy production from renewable sources is highly sensitive to weather conditions. Owning assets that are located hundreds of miles apart helps smooth out varabilities in energy output. This is essential to support stable cash flows, which are used to fund dividends. It's not enough to just be operating in the defensive energy sector where demand remains stable. Companies need operational resilience to capitalise on this. Greencoat Renewables has demonstrated such durability. It's raised annual dividends each year since it listed eight years ago, excluding 2021, when payouts were frozen. In total, it's delivered €350m of cumulative dividends over the period. What's more, its dividend yields have long beaten the long-term average for UK shares. At 8.7%, the forward yield for Greencoat is more than double the FTSE 100's historical average of 3%-4%, for instance. Of course, there are dangers here, such as changing green energy policy and rising project costs. A focus on wind farms also leaves it more technologically concentrated than some other renewable energy stocks. But I still believe it's a top dividend share to consider for at least the next decade. A FTSE favourite FTSE 100-listed M&G (LSE:MNG) is another British stock with a huge market opportunity today. It doesn't enjoy the (overall) year-to-year stability that renewable energy shares enjoy. As a major financial services provider, its earnings are vulnerable to the economic downturns that can drain consumer spending power. But over a long-term horizon, it has considerable scope to grow earnings. Rapidly ageing populations are supercharging demand for protection, investment, and retirement products, and asset management services. The UK asset management sector, for instance is set to grow 13.4% a year between now and 2030, according to Mordor Intelligence. While competitive threats remain, I feel M&G has the brand power and the scale to thrive in this environment. This, in turn, bodes well for dividends, which have grown every year since the company listed in 2019. For 2025, the Footsie company carries an enormous 7.7% dividend yield. This is currently the fifth highest on the UK blue-chip index, and is underpinned by the firm's robust balance sheet. Thanks to its excellent cash generation, M&G's Solvency II capital ratio was 223% as of December. This should give it ample financial firepower to keep paying large dividends while also investing for growth. Remember that dividends are never guaranteed. The post 7.7% and 8.7% yields! 2 dividend stocks I'm considering buying to hold until 2035 appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended M&g Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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The Hedge Fund Manager Who Called Carvana's 100X Move Says This Stock Is the Next 100-Bagger
Key Points Hedge fund manager Eric Jackson recently sparked a rally in Opendoor when he called it a 100x candidate. Jackson believes the lack of competition and Opendoor's massive data set are big advantages. For the time being, Opendoor isn't profitable and should be approached with caution. 10 stocks we like better than Opendoor Technologies › Shares of real estate iBuyer Opendoor Technologies (NASDAQ: OPEN) have more than tripled in a little over a month, but the rally isn't being fueled by any business results. Instead, hedge fund manager Eric Jackson referred to Opendoor as a 100x stock in a series of social media posts, which also shared an extremely bullish investment thesis. Jackson doesn't exactly have a flawless investment history -- after all, nobody who actively seeks out 100x candidates does. But he was an early proponent of Carvana, which was essentially priced for imminent demise a few years ago before it generated a 100x rally of its own. Could Opendoor do the same? Why could this struggling real estate company be a 100x candidate? Jackson has posted many times about Opendoor in the past month or so, and there are a lot of components to his investment thesis. His initial post on X detailing why he's so bullish on Opendoor came on July 14, but there have been hundreds of follow-up posts. Jackson thinks Opendoor's iBuying business could be a big winner when macro headwinds turn around. In a July 16 post, Jackson (correctly) pointed out that there's no major competition left in iBuying. Both Zillow and Redfin shut down their iBuying businesses several years ago, and there's one more (much smaller) publicly traded competitor in Offerpad that remains. During the last real estate bull market, fueled by low interest rates, Opendoor was competing with all of these companies -- in the next one, it won't be. However, Jackson's thesis isn't just about the iBuying business itself. Instead, Jackson thinks the real value isn't necessarily in buying and selling homes, but in the vast data set Opendoor has accumulated. As the leader in iBuying, Opendoor has executed over 200,000 real estate transactions, and has not only buy/sell price data, but also tons of other useful information it can analyze. For example, Opendoor has data on how specific repairs translate into price changes. In a nutshell, he believes Opendoor could use this to build the best artificial intelligence (AI)-powered price estimator and prediction tool in the industry, and license it to create a stream of high-margin revenue. Jackson also thinks assumable mortgages could be a big opportunity for the iBuying side. Conventional mortgage loans generally are not assumable (transferable to a new owner), but several types of government-backed loans, including VA loans, are. With trillions in low-rate, assumable mortgages out there, Jackson sees an opportunity for Opendoor to use these to invigorate its platform. Should you buy shares of Opendoor right now? First of all, when Jackson made his 100x call, Opendoor was trading for about $0.82 per share. As I'm writing this, it has already climbed to $2.45, so reaching Jackson's ambitious target would result in a roughly 33-fold gain from here. Of course, I'm sure everyone reading this would be fine with an investment turning $100 into $3,300 in a relatively short time frame, but it's still important to point out that the stock has gained significantly in the month or so since Jackson first shared his thesis. Second, it's important to mention that this is a highly speculative stock, and Jackson's thesis (on both AI potential and iBuying growth) depends on a lot of things working in Opendoor's favor, and management being able to execute on unlocking the theoretical value of its data. As it stands, Opendoor is not a profitable business, and management is expecting a significant slowdown in the third quarter. High interest rates and an agonizingly slow real estate market are weighing on the business. Could Opendoor do what Jackson thinks, leveraging its data to develop AI price prediction tools? And could the iBuying business eventually become much larger and consistently profitable? Sure. But there's also a chance that won't happen and the stock could certainly go to zero if market conditions don't cooperate. If you want to make a small investment in Opendoor, it could be an interesting one to watch, but I'd caution against using any money you can't afford to lose. Should you buy stock in Opendoor Technologies right now? Before you buy stock in Opendoor Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Opendoor Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Zillow Group. The Motley Fool has a disclosure policy. The Hedge Fund Manager Who Called Carvana's 100X Move Says This Stock Is the Next 100-Bagger was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
