Hedge-fund manager talks flying taxis and stocks to own in a tough market

Singapore News News

Hedge-fund manager talks flying taxis and stocks to own in a tough market
Singapore Latest News,Singapore Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Critical information for the U.S. trading day

Can the S&P 500 squeak by with another winning session? Watch for comments from Fed Chairman Jerome Powell to come and another Treasury bond auction.

His view on Hyster-Yale is that “valuation is going to support today’s price, regardless,” and for that same reason he owns chip maker Qualcomm QCOM, -0.55% and banking heavyweight Goldman Sachs GS, +0.19%. “So even if we think the market will be facing a headwind over the next six to nine months, some of these names are going to hold up just fine, and some of them are making money in the near term,” he said. “And if it turns out that this is the beginning of a new bull market, these things will all rally by 15% to 25% in six months.”

He’s also got a short position on Mister Car Wash MCW, +0.16%, which has “leveled up car washes across the country” and whose “special sauce” is all about getting people to pay for subscriptions and clean vehicles more often.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The mystery at Bridgewater, the world’s largest hedge fundThe mystery at Bridgewater, the world’s largest hedge fund'Bridgewater's heft should have made it the ultimate whale — instead the firm's footprint was decidedly minnow,' says the author of a new book about the fund.
Read more »

GoT's A Knight of the Seven Kingdoms: The Hedge Knight - Story Details & Everything We KnowGoT's A Knight of the Seven Kingdoms: The Hedge Knight - Story Details & Everything We KnowGame of Thrones: A Knight of the Seven Kingdoms: The Hedge Knight is a George R. R. Martin story set in Westeros and it's getting an HBO adaptation.
Read more »

Federal regulators take new aim at private equity and hedge fundsFederal regulators take new aim at private equity and hedge fundsNonbanks are becoming systemically important.
Read more »

Hedge fund manager on a flying taxi company and other stocks for a tough marketHedge fund manager on a flying taxi company and other stocks for a tough marketCritical information for the U.S. trading day
Read more »

How Ray Dalio and Bridgewater Contributed to GE's TurnaroundHow Ray Dalio and Bridgewater Contributed to GE's TurnaroundCEO Larry Culp once worked at hedge fund Bridgewater Associates, but he didn't stay.
Read more »

How Lebanon's Hezbollah group became a critical player in the Israel-Hamas warHow Lebanon's Hezbollah group became a critical player in the Israel-Hamas warThe Lebanese militia Hezbollah has traded fire with Israeli troops along the border since the day after Hamas’ Oct. 7 surprise attack in southern Israel sparked war in the Gaza Strip
Read more »



Render Time: 2025-03-12 19:34:18