3 Cheap Stocks with Double-Digit Upsides to Buy in August 2024
These companies have low price estimates higher than their current price levels. Repo exposure seems especially prospective.
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
Alibaba shares rise in premarket trading after reports emerge of the company developing a new AI chip designed to compete with Nvidia's offerings.
These companies have low price estimates higher than their current price levels. Repo exposure seems especially prospective.
Alibaba and other Chinese stocks fell notably on Friday after the e-commerce giant revoked its decision to spin-off its cloud unit due to chip curbs.
Alibaba's US-listed shares fell over 7.9% in the premarket on the reports that Jack Ma is planning to sell 10 million BABA shares.
Alibaba shares spiked on Friday after Chinese regulators brought their crackdown on Ant Group to an end.
Crypto-friendly Joseph Tsai is set to replace long-time chief Daniel Zhang as Alibaba's new Chairman.
A recent report by Morgan Stanley suggested that IDCG could be valued at $29 billion.
The fragmentation of Alibaba likely marks the end of Jack Ma's challenge to CCP.
Alibaba's US shares are up 5.6% in premarket after the company beat revenue estimates for October-December quarter.
Despite internet rumors, Google and Alibaba only applied for electronic payment processor licenses in Singapore.
If you have the discipline to hold onto these stocks until retirement, it could pay off in a major way.