Stanley Druckenmiller Bets Big on AMZN, AMD — Dumps AVGO, INTC and MU in Q2
Stanely Druckenmiller rotated into Amazon, AMD and AI infrastructure while dumping Broadcom, Intel and Micron.
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MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 10 years by 13.35% on an annualized basis producing an average annual return of 26.82%. Currently, MercadoLibre has a market capitalization of $92.32
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Stanely Druckenmiller rotated into Amazon, AMD and AI infrastructure while dumping Broadcom, Intel and Micron.
Read original at benzingaCramer recommends buying Carpenter Technology (NYSE: CRS) and calls DXC Technology (NYSE: DXC) a value trap. Senseonics Holdings (NASDAQ: SENS) posts upbeat sales and Ubiquiti (NYSE: UI) reports worse-than-expected results. Hess Midstream (NYSE: HESM) is a winner while Zeta Global (NYSE: ZETA) announces a new CMO. UL Solutions (NYSE: ULS) is a potential buy and Coupang (NYSE: CPNG) is not recommended, but MercadoLibre (NASDAQ: MELI) and Amazon (NASDAQ: AMZN) are worth considering.
Read original at benzinga