Latest news with #GoldmanSachsPrivateWealth
Yahoo
2 days ago
- Business
- Yahoo
Investing coach shares how to grow wealth safely in the era of trading apps and crypto
WASHINGTON (DC News Now) — With market swings creating both excitement and risk, more Americans are turning to investing apps to grow long-term wealth—if they can avoid the pitfalls of day trading and hype-driven crypto bets. 'I think we are completely headed in the right direction in terms of the average person's participation in the stock market,' said Amber Petrovich, founder of The Win, an investment education group. 'You have to use investing and the stock market to build long-term wealth.' Petrovich, who worked at Goldman Sachs Private Wealth, recommends beginner-friendly platforms like Robinhood, Webull, and E*TRADE, as they offer fast execution and minimal trading fees, and many allow you to manage retirement accounts as well. Stretch Your Dollar: Programs, strategies to make DMV college costs more palatable While day trading may be tempting, Petrovich warns that most day traders lose money. Her rule of thumb is to set clear boundaries. 'Make commitments to a loss limit. Once I lose a certain amount, I'm done. I only risk one percent of my portfolio at any given moment,' she said. Cryptocurrency trading is also booming. Though meme coins tend to spike and crash unpredictably, Petrovich points to more established options like Solana, Ethereum, and Bitcoin—which hit a record high of $112,000 in May—as having long-term potential. She said a measured approach is key. 'Crypto can go through extensive bear markets where, you know, things lose just hundreds or even thousands of dollars in value. We've seen that with Bitcoin. So again you need to ask yourself as an investor, 'Are you ready to tolerate that type of volatility and that type of loss?'' Some platforms, like Coinbase, offer learn-and-earn features, rewarding users for completing brief courses on various aspects of the crypto world. For those with low risk-tolerance, Petrovich recommends, at the very least, keeping savings in accounts exposed to growth that matches our outpaces the rate of inflation. For money needed in the next two years, she said a high-yield savings account or money market account will suffice. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 days ago
- Business
- Yahoo
Investing coach shares how to grow wealth safely in the era of trading apps and crypto
WASHINGTON (DC News Now) — With market swings creating both excitement and risk, more Americans are turning to investing apps to grow long-term wealth—if they can avoid the pitfalls of day trading and hype-driven crypto bets. 'I think we are completely headed in the right direction in terms of the average person's participation in the stock market,' said Amber Petrovich, founder of The Win, an investment education group. 'You have to use investing and the stock market to build long-term wealth.' Petrovich, who worked at Goldman Sachs Private Wealth, recommends beginner-friendly platforms like Robinhood, Webull, and E*TRADE, as they offer fast execution and minimal trading fees, and many allow you to manage retirement accounts as well. Stretch Your Dollar: Programs, strategies to make DMV college costs more palatable While day trading may be tempting, Petrovich warns that most day traders lose money. Her rule of thumb is to set clear boundaries. 'Make commitments to a loss limit. Once I lose a certain amount, I'm done. I only risk one percent of my portfolio at any given moment,' she said. Cryptocurrency trading is also booming. Though meme coins tend to spike and crash unpredictably, Petrovich points to more established options like Solana, Ethereum, and Bitcoin—which hit a record high of $112,000 in May—as having long-term potential. She said a measured approach is key. 'Crypto can go through extensive bear markets where, you know, things lose just hundreds or even thousands of dollars in value. We've seen that with Bitcoin. So again you need to ask yourself as an investor, 'Are you ready to tolerate that type of volatility and that type of loss?'' Some platforms, like Coinbase, offer learn-and-earn features, rewarding users for completing brief courses on various aspects of the crypto world. For those with low risk-tolerance, Petrovich recommends, at the very least, keeping savings in accounts exposed to growth that matches our outpaces the rate of inflation. For money needed in the next two years, she said a high-yield savings account or money market account will suffice. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign in to access your portfolio
Yahoo
18-03-2025
- Business
- Yahoo
Why NVIDIA Corporation (NVDA) is One of the Best Strong Buy Stocks to Buy Right Now
We recently published a list of the . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other best strong buy stocks to buy right now. Fears of a slowing economy have hit stocks recently, along with concerns that Trump's tariffs will raise prices for consumers and lead to more inflation. These trends pose questions about whether the market broadening, which some experts have predicted, can really happen. On February 28, Sara Naison-Tarajano, Goldman Sachs Private Wealth global head of capital markets, appeared on CNBC's 'Closing Bell' to discuss her growth outlook. She believed that the broadening of the market will take place, and the market is already seeing it. Considering the broadening versus the Mag 7, this year's outperformance is pretty dramatic. If we look at what the last two years have been like combined, the returns of the Mag 7 were over 200%, while those of the rest of the market were only 31%. Therefore, the market is definitely seeing the trend materialize, and Tarajano believes it is going to continue. She said the market is currently all about tariffs, growth, consumers, wavering, and several other factors. Among all, it is definitely about uncertainty, which in turn affects the markets and the consumers. We are seeing policy uncertainty around tariffs, geopolitical uncertainty around the Middle East and Ukraine, and some degree of regulatory uncertainty in terms of not knowing what the path will be in the future for this administration in the back half of the year. This uncertainty is coupled with the fact that we are coming off two incredible years of equity market returns. In addition, the back half of February tends to be historically weak anyway. All of these trends are coming together to create some market volatility, and it is to be expected. READ ALSO: and . Tarajano further said that she was and is still thinking that the first half of the year could be a bit dicey and the second half, which may see tax cuts and the impacts of deregulation, would see more deals done and more IPOs, resulting in a smoother H2. However, she said she reserved the right to revise her views based on how the policies come out. Shedding further light on the situation, she opined that the tariffs are a significant part of the base case and will be an essential part of what happens to inflation, which in turn has a broader impact on the economy. Talking about the base case, she said we will see a 4% increase in the effective tariff rate, which only has a 40 basis point impact on core PCE, a 20 basis point impact on GDP, and more. If the base case persists, we can make it through this first half. There haven't been many opportunities if you haven't been long in the stock market to get involved with what the market has done over the last two years. Therefore, a bit of a clearing out is necessary, and the hope, if we can stay on track, is that the second half will be better. From a strategic asset allocation perspective, she said that she still favors overweight US. The logic behind it is her firm's GDP expectations, close to 2.5%, and earnings growth. There is no question that there's been some tactical opportunity overseas, with Europe and China expected to perform better. While it is cheap, it is so for a reason, as the GDP expectations in Europe are 70 basis points. While these trends and expectations are interesting from a tactical trade perspective, it is essential to be thoughtful about international asset allocations when taking a strategic asset allocation perspective. We used Finviz and Tipranks to make a list of 35 strong buy stocks. We then selected the top 10 stocks with the highest analyst upside potential as of March 12, 2025. We also added the number of hedge fund holders for each stock as of Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is sorted in ascending order of analyst upside potential. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a colorful high-end graphics card being plugged in to a gaming computer. Analyst Upside: 52.11% Number of Hedge Fund Holders: 223 NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments. NVIDIA Corporation (NASDAQ:NVDA) reported a record full-year revenue of $130.5 billion for fiscal 2025, up 114% from last year. Non-GAAP diluted EPS was $2.99, increasing 130% from a year ago. Fiscal Q4 2025 marked another record quarter for the company, with a revenue of $39.3 billion, up 12% sequentially and 78% year on year. These trends highlight the company's continued profitability. It expects to continue this profitability in the future, supported by products based on its new Blackwell GPU architecture. Columbia Threadneedle Global Technology Growth Strategy expressed bullish sentiments regarding the company in its Q4 2024 investor letter, especially because it is on schedule to satisfy the substantial demand for its new product, Blackwell, which will enter the market next year. NVIDIA Corporation (NASDAQ:NVDA) further holds a competitive market position due to its ownership of all the significant evolving AI data center pieces. Here is what Columbia Threadneedle Global Technology Growth Strategy said about the company: 'NVIDIA Corporation (NASDAQ:NVDA) continued to outperform the market during the fourth quarter. The technology giant and top position in the fund delivered on sky-high expectations during the quarter and reported quarterly expectations that exceeded expectations. The red-hot company provided forward-looking expectations which were regarded as slightly lackluster as compared to prior quarters that smashed expectations. While the stock did churn a bit in the quarter, the AI giant remains top of mind for investors, especially as the company is on pace to satisfy the 'staggering' demand for its new product, Blackwell, which is poised to enter the market over the next year. The company's position of owning all the major pieces of the evolving AI data center enables it to strengthen its competitive position and to define the technology roadmap for generations to come.' Overall, NVDA ranks 1st on our list of the best strong buy stocks to buy right now. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
18-03-2025
- Business
- Yahoo
Is Amazon.com, Inc. (AMZN) the Best Strong Buy Stock to Buy Right Now?
We recently published a list of the . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against the other best strong buy stocks to buy right now. Fears of a slowing economy have hit stocks recently, along with concerns that Trump's tariffs will raise prices for consumers and lead to more inflation. These trends pose questions about whether the market broadening, which some experts have predicted, can really happen. On February 28, Sara Naison-Tarajano, Goldman Sachs Private Wealth global head of capital markets, appeared on CNBC's 'Closing Bell' to discuss her growth outlook. She believed that the broadening of the market will take place, and the market is already seeing it. Considering the broadening versus the Mag 7, this year's outperformance is pretty dramatic. If we look at what the last two years have been like combined, the returns of the Mag 7 were over 200%, while those of the rest of the market were only 31%. Therefore, the market is definitely seeing the trend materialize, and Tarajano believes it is going to continue. She said the market is currently all about tariffs, growth, consumers, wavering, and several other factors. Among all, it is definitely about uncertainty, which in turn affects the markets and the consumers. We are seeing policy uncertainty around tariffs, geopolitical uncertainty around the Middle East and Ukraine, and some degree of regulatory uncertainty in terms of not knowing what the path will be in the future for this administration in the back half of the year. This uncertainty is coupled with the fact that we are coming off two incredible years of equity market returns. In addition, the back half of February tends to be historically weak anyway. All of these trends are coming together to create some market volatility, and it is to be expected. READ ALSO: and . Tarajano further said that she was and is still thinking that the first half of the year could be a bit dicey and the second half, which may see tax cuts and the impacts of deregulation, would see more deals done and more IPOs, resulting in a smoother H2. However, she said she reserved the right to revise her views based on how the policies come out. Shedding further light on the situation, she opined that the tariffs are a significant part of the base case and will be an essential part of what happens to inflation, which in turn has a broader impact on the economy. Talking about the base case, she said we will see a 4% increase in the effective tariff rate, which only has a 40 basis point impact on core PCE, a 20 basis point impact on GDP, and more. If the base case persists, we can make it through this first half. There haven't been many opportunities if you haven't been long in the stock market to get involved with what the market has done over the last two years. Therefore, a bit of a clearing out is necessary, and the hope, if we can stay on track, is that the second half will be better. From a strategic asset allocation perspective, she said that she still favors overweight US. The logic behind it is her firm's GDP expectations, close to 2.5%, and earnings growth. There is no question that there's been some tactical opportunity overseas, with Europe and China expected to perform better. While it is cheap, it is so for a reason, as the GDP expectations in Europe are 70 basis points. While these trends and expectations are interesting from a tactical trade perspective, it is essential to be thoughtful about international asset allocations when taking a strategic asset allocation perspective. We used Finviz and Tipranks to make a list of 35 strong buy stocks. We then selected the top 10 stocks with the highest analyst upside potential as of March 12, 2025. We also added the number of hedge fund holders for each stock as of Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is sorted in ascending order of analyst upside potential. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer entering an internet retail store, illustrating the convenience of online shopping. Analyst Upside: 37.27% Number of Hedge Fund Holders: 339 Inc. (NASDAQ:AMZN) is a multinational technology company that offers online retail shopping services. It operates through the North America, International, and Amazon Web Services (AWS) segments. AWS's segment covers global sales of storage, computers, databases, and other services for government agencies, academic institutions, startups, and enterprises. Inc.'s (NASDAQ:AMZN) e-commerce standing lends it a significant competitive advantage, as it holds nearly 38% of all e-commerce sales in the US. According to the Boston Consulting Group, e-commerce is expected to continue growing as a percentage of retail sales, reaching around 41% of global retail sales by 2027. This is anticipated to prove substantially beneficial for Inc. (NASDAQ:AMZN). The company is also investing heavily in AI. Its capital expenditures (capex) for 2025 are anticipated to be around $100 billion, a majority of which would go to AI. The company also said that falling AI inference expenses would fuel increased AI infrastructure spending. It ranks fourth on our list of the 10 best strong buy stocks to buy now. Ariel Appreciation Fund stated the following regarding Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter: 'During the quarter, we initiated three new investments, each in companies we have followed closely for a considerable time. At various points, we viewed them as missed opportunities; however, our experience with Mr. Market has taught us that patience often creates inevitable entry points. This quarter, some exciting opportunities presented themselves. The three investments are Inc. (NASDAQ:AMZN), Diageo (NYSE: DEO), and Uber (NASDAQ: UBER). We will discuss each in detail below. Overall, AMZN ranks 4th on our list of the best strong buy stocks to buy right now. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
18-03-2025
- Business
- Yahoo
Why Bank of America Corporation (BAC) is One of the Best Strong Buy Stocks to Buy Right Now
We recently published a list of the . In this article, we are going to take a look at where Bank of America Corporation (NYSE:BAC) stands against the other best strong buy stocks to buy right now. Fears of a slowing economy have hit stocks recently, along with concerns that Trump's tariffs will raise prices for consumers and lead to more inflation. These trends pose questions about whether the market broadening, which some experts have predicted, can really happen. On February 28, Sara Naison-Tarajano, Goldman Sachs Private Wealth global head of capital markets, appeared on CNBC's 'Closing Bell' to discuss her growth outlook. She believed that the broadening of the market will take place, and the market is already seeing it. Considering the broadening versus the Mag 7, this year's outperformance is pretty dramatic. If we look at what the last two years have been like combined, the returns of the Mag 7 were over 200%, while those of the rest of the market were only 31%. Therefore, the market is definitely seeing the trend materialize, and Tarajano believes it is going to continue. She said the market is currently all about tariffs, growth, consumers, wavering, and several other factors. Among all, it is definitely about uncertainty, which in turn affects the markets and the consumers. We are seeing policy uncertainty around tariffs, geopolitical uncertainty around the Middle East and Ukraine, and some degree of regulatory uncertainty in terms of not knowing what the path will be in the future for this administration in the back half of the year. This uncertainty is coupled with the fact that we are coming off two incredible years of equity market returns. In addition, the back half of February tends to be historically weak anyway. All of these trends are coming together to create some market volatility, and it is to be expected. READ ALSO: and . Tarajano further said that she was and is still thinking that the first half of the year could be a bit dicey and the second half, which may see tax cuts and the impacts of deregulation, would see more deals done and more IPOs, resulting in a smoother H2. However, she said she reserved the right to revise her views based on how the policies come out. Shedding further light on the situation, she opined that the tariffs are a significant part of the base case and will be an essential part of what happens to inflation, which in turn has a broader impact on the economy. Talking about the base case, she said we will see a 4% increase in the effective tariff rate, which only has a 40 basis point impact on core PCE, a 20 basis point impact on GDP, and more. If the base case persists, we can make it through this first half. There haven't been many opportunities if you haven't been long in the stock market to get involved with what the market has done over the last two years. Therefore, a bit of a clearing out is necessary, and the hope, if we can stay on track, is that the second half will be better. From a strategic asset allocation perspective, she said that she still favors overweight US. The logic behind it is her firm's GDP expectations, close to 2.5%, and earnings growth. There is no question that there's been some tactical opportunity overseas, with Europe and China expected to perform better. While it is cheap, it is so for a reason, as the GDP expectations in Europe are 70 basis points. While these trends and expectations are interesting from a tactical trade perspective, it is essential to be thoughtful about international asset allocations when taking a strategic asset allocation perspective. We used Finviz and Tipranks to make a list of 35 strong buy stocks. We then selected the top 10 stocks with the highest analyst upside potential as of March 12, 2025. We also added the number of hedge fund holders for each stock as of Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is sorted in ascending order of analyst upside potential. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A professional banker providing consultation to a customer in the security of his office. Analyst Upside: 35.20% Number of Hedge Fund Holders: 113 Bank of America Corporation (NYSE:BAC) is a bank and financial holding company that operates in the Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, and Global Markets segments. The company boasts a wide economic moat and reliable competitive market advantages that reduce its chances of operation disruption. Bank of America Corporation (NYSE:BAC) also has a massive scale, generating $102 billion in revenue in 2024 and ending the year with $3.3 trillion in assets. The company also has solid operations. Its fiscal Q4 2024 revenue surpassed expectations, reflecting a 15.2% year-over-year increase and outperforming analyst projections by $170 million. Net income also more than doubled to $6.7 billion. In addition, 2024 marked Bank of America Corporation's (NYSE:BAC) sixth consecutive year of growth, expanding its consumer banking segment by adding 213,000 new checking accounts. Investor confidence in the company is also high. This is corroborated by Citadel Investment Group's significant stake increase, which increased its holdings by 338% in Q4 2024. Diamond Hill Large Cap Strategy stated the following regarding Bank of America Corporation (NYSE:BAC) in its Q2 2024 investor letter: 'Other top contributors in Q2 included Bank of America Corporation (NYSE:BAC) and Extra Space Storage. Shares of financial services company Bank of America rose in the quarter as it looks increasingly likely net interest income will inflect and begin growing again in 2024's back half and into 2025.' Overall, BAC ranks 5th on our list of the best strong buy stocks to buy right now. While we acknowledge the potential of BAC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BAC but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
