tl;dr
Based on the latest 13F filing, Stan Druckenmiller's Duquesne Family Office made significant changes to its holdings in Q4 2023. The firm dropped its holdings in Alibaba Group (NYSE:BABA), Google-parent Alphabet (NASDAQ:GOOGL), and Amazon.com (NASDAQ:AMZN). Other notable exits include Transocean Lim...
Based on the latest 13F filing, Stan Druckenmiller's Duquesne Family Office made significant changes to its holdings in Q4 2023. The firm dropped its holdings in Alibaba Group (NYSE:BABA), Google-parent Alphabet (NASDAQ:GOOGL), and Amazon.com (NASDAQ:AMZN). Other notable exits include Transocean Limited (NYSE:RIG), Opendoor Technologies (NASDAQ:OPEN), and T-Mobile US (NASDAQ:TMUS). On the other hand, the firm took new stakes in Barrick Gold (NYSE:GOLD) with 1.76M shares, Newmont Corp. (NYSE:NEM) with 474K shares, Flex (NASDAQ:FLEX) with 1.13M shares, and Tempur Sealy International (NYSE:TPX) with 749K shares. Additionally, it trimmed stakes in Lamb Weston (NYSE:LW) to 539K shares from 1.83M, News Corp class A shares (NASDAQ:NWSA) to ~217K from 4.77M, and Canadian Pacific Kansas City (NYSE:CP) to 47.5K shares from 119K. Meanwhile, it bolstered holdings in Coupang (NYSE:CPNG) to 22.9M shares from 20.9M, Teck Resources (NYSE:TECK) to 5.52M shares from ~4.11M, and Seagate Technology (NASDAQ:STX) to 2.12M shares from 915K, according to the 13F.
More about Alibaba Group Holding Ltd
Alibaba Group Holding Ltd is a Chinese multinational technology company that specializes in e-commerce, retail, Internet, and technology. It offers consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services, as well as electronic payment services, shopping search engines, and cloud computing services. The company has a market capitalization of $183.21 billion, with a current stock price of $363.64. The stock has a price-to-earnings (P/E) ratio of 13.62 and a price-to-book (P/B) ratio of 6.87. The Relative Strength Index (RSI) is 110.64, indicating an overbought condition, and the stock has a beta of 0.108, suggesting low volatility. However, the stock has experienced a decrease of 0.684% in recent trading sessions. The market sentiment for Alibaba Group Holding Ltd is currently neutral, with potential risks associated with the overbought condition and recent decrease in stock price.
More about Amazon.com Inc
Key Financial Metrics:
- Market Cap: $1,751,731,012,000
- EPS: $58.15
- Dividend Yield: 2.9%
- PE Ratio: 55.78
- ROE: 5.29%
- Sales: $574,784,995,000
- Net Income: $204.87 billion
- Operating Margin: 50.69%
- Debt to Equity: 0.139
Stock Performance:
- Amazon.com Inc is a major player in the U.S. information technology industry
- It has been referred to as one of the most influential economic and cultural forces in the world
- Market sentiment towards the company is positive, with strong brand value and market influence
Market Sentiment:
- Amazon.com Inc has a strong presence in e-commerce, cloud computing, digital streaming, and artificial intelligence
- It is part of the Big Five companies and is considered one of the most valuable brands in the world
- The company's market influence and brand value contribute to positive market sentiment
More about Transocean Ltd
Transocean Ltd provides offshore contract drilling services for oil and gas wells globally. The company's stock performance has shown a decrease in revenue of -1.63 and a decrease in net income of -0.445. Market sentiment appears to be neutral with a current stock price of 3.607 and a market capitalization of 2697000000. The company operates in the energy and transportation sector, specifically in drilling oil and gas wells.
More about Opendoor Technologies Inc
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's market capitalization stands at $2.3 billion, with a current stock price of $13.79. The stock has experienced a decrease of 6.53% over the past period. Market sentiment appears to be bearish, with the Relative Strength Index (RSI) at 3.54, indicating potential oversold conditions. However, it's important to note the lack of clear support and resistance levels, suggesting potential uncertainty in the market. As such, caution is advised when considering investment in Opendoor Technologies Inc.
More about T-Mobile US Inc
T-Mobile US Inc is a leading American wireless network operator in the radiotelephone communications sector. With a market capitalization of 191.88 billion and a stock price of 23.33, it has shown a 1.3% increase in its stock performance. The Relative Strength Index (RSI) of 66.29 and Bollinger Bands indicate a bullish trend. However, it is important to note that past performance is not always indicative of future results, and potential risks and uncertainties should be carefully considered.
More about Barrick Gold Corp
Barrick Gold Corporation is engaged in the exploration, mining development, production, and sale of gold and copper properties. The company is headquartered in Toronto, Canada. With a market cap of $25,024,274,000, the stock is currently trading at $471.67. The stock has shown a slight increase of 0.4% in the last trading session, closing at $0.03. The Relative Strength Index (RSI) is at 6.33, indicating an oversold position. The company's revenue stands at $11,111,999,000, with an earnings per share (EPS) of $21.5. The stock has a price-to-earnings ratio (P/E) of 0.538 and a dividend yield of 0.133.
More about Newmont Goldcorp Corp
Newmont Corporation is a leading gold mining company with a market capitalization of $36.9 billion. The company's stock has shown a 1.6% increase over the past month, but a -1.06% decrease over the past week. The stock is currently trading at $68.14, with a Relative Strength Index (RSI) of 13.9, indicating a potential oversold condition. However, the stock has also shown a -0.259% change in price and a -0.054% change in volume, suggesting potential weakness in market sentiment. It's important to note that while the company operates in the energy & transportation sector, its primary focus is on gold and silver ores. The stock's performance and market sentiment indicate potential risks and uncertainties, so caution is advised in making investment decisions.
More about Flex Ltd
Flex Ltd. (FLEX) is a manufacturing company that specializes in providing design, engineering, manufacturing, and supply chain services for OEMs in Asia, the Americas, and Europe, with a focus on printed circuit boards. The company's market capitalization is $11,676,745,000, with a current stock price of $16.50 and a dividend yield of 1.68%. The stock has a 52-week high of $66.37 and a 52-week low of $25.60, with a current P/E ratio of 30.43. Despite recent negative performance, with a decrease of 0.1% in the last quarter and a decrease of 0.084% in the last year, there is potential for a turnaround given the company's strong fundamentals and market position. However, it is important to consider the potential risks and uncertainties in the market that could impact FLEX's future performance.
More about Tempur Sealy International Inc
Tempur Sealy International Inc is a company in the manufacturing sector, specifically in the household furniture industry, with a market cap of approximately $4.93 billion. The stock is currently trading at $59.88 per share, with a 52-week low of $24.19 and a high of $28.6. The stock has seen a 2.08% increase in the last trading session. The Relative Strength Index (RSI) is at 44, indicating a neutral sentiment in the market. The company's financials show a negative earnings per share (EPS) of -0.258, with a decrease of -0.014. The stock performance may be influenced by the company's recent financial results and market sentiment, with potential risks associated with the negative EPS and market volatility.
More about Lamb Weston Holdings Inc
Lamb Weston Holdings Inc. is a major player in the food processing industry, specifically in the production and processing of frozen french fries and other potato products. With a market cap of $14.85 billion, the stock is currently trading at $129.25, with a 1-year target estimate of $143. The stock has a current P/E ratio of 13.34 and a forward P/E of 7.71, indicating potential undervaluation. The company has a healthy profit margin of 43.72% and a solid return on equity of 17.7%. Market sentiment appears bullish, with a Relative Strength Index (RSI) of 67. The stock has shown strong support at the $120 level and resistance at the $135 level, with potential for a breakout. However, there are potential risks associated with the stock, as with any investment, and past performance is not always indicative of future results.
More about News Corp A
News Corp A, News Corporation, is a company operating across digital real estate information, news media, book publishing, and cable television. The company's market capitalization stands at $14,885,725,000 with a stock price of $64.4 and a 0.2% change. The company's earnings per share (EPS) is $1.321 with a dividend yield of 1.321%. The stock has shown a 0.4% return on equity (ROE) and a price-to-earnings (P/E) ratio of 17.39. Market sentiment appears to be neutral, with a trading volume of 9,965,000 shares and a relative strength index (RSI) of 29.53, indicating a potential oversold condition. However, caution is advised as past market behavior is not always a reliable indicator of future performance.
More about Canadian Pacific Railway Ltd
Canadian Pacific Railway Ltd (CP) is a transcontinental freight railway operating in Canada and the United States. With a market capitalization of $77.96 billion and a P/E ratio of 26.5, the company has shown a steady performance. Despite a recent increase in stock price by 0.76%, the Relative Strength Index (RSI) stands at 13.48, indicating a potential overbought condition. The company's revenue of $12.55 billion reflects a stable financial position. However, the stock has experienced a slight decrease of -0.193, suggesting a bearish sentiment in the market. Investors should monitor support and resistance levels closely, as the stock may be vulnerable to a potential downside based on the current technical indicators. It's important to consider potential risks and uncertainties before making any investment decisions, as past market behavior may not always be indicative of future performance.
More about Coupang LLC
Coupang, Inc. is a retail-catalog and mail-order house with a market capitalization of $26.11 billion. The stock is currently trading at $60.85, with a 0.24% change. Over the past 52 weeks, the stock has ranged from a low of $13.02 to a high of $20.42. The company's market sentiment appears to be positive, with a strong upward trend in the stock price. However, it is important to note that past performance is not always indicative of future results, and there may be potential risks or uncertainties associated with investing in this stock.
More about Teck Resources Ltd Class B
Teck Resources Ltd Class B is a company dedicated to exploring, acquiring, developing, and producing natural resources in Asia, Europe, and North America. With a market cap of $19.77 billion, the stock is currently trading at $11.93 with a 0.5% change. The company's P/E ratio is 3.16, and it has a 27.21% EPS growth. The stock has a beta of 0.156 and a total debt of $14.04 billion, with a debt-to-equity ratio of 48.98. The stock's performance indicates a downward trend with a -0.684 change in the last period. Market sentiment appears bearish, with uncertainties surrounding the company's financials and potential risks associated with its debt-to-equity ratio.
More about Seagate Technology PLC
Seagate Technology Holdings plc, a leading American data storage company, has seen a decrease in stock performance with a -3.51% change, currently trading at 89.65. The company's market sentiment is bearish, with a Relative Strength Index (RSI) of 31.11, indicating potential oversold conditions. The stock is currently trading below its 50-day moving average, suggesting a bearish trend. However, it is important to note that the company has shown resilience in the face of market volatility, with a strong support level at 2.8. Investors should be cautious of potential downside risks and uncertainties associated with the current market conditions, as past performance may not be indicative of future results.
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