Top 10 Stocks for 2024
A.I. and Interest Rate + China, receipts
Last week I published my list of Top 10 stocks to buy during a dip and before the Rate Fed Cut, and it is up +7% already.
Here is a Screenshot a day after publishing the list on my YouTube channel : https://www.youtube.com/@deltacodealpha prior to the FED rate cut.
And below todays pre market says it is up 7.22% in one week after the big Rate cut of 0.50%. Not to shabby.
Here is a similar portfolio of best or highest conviction ideas from 2022, now up 101%. receipts
Lesson from 2022, is to pick good companies when there is blood in the streets, that make good money and have a moat. For more Moat details : check out prior Video “Mo’at Deep” Excuse the bad sound, but I promises it is a fun video
A few Stocks on the new list are from the highly shorted stocks that will benefit from lower interest rates. Published in February , where I called out these stocks and explained what “ high short stocks” are. receipts
KSS - Kohl’s was not on the list then, but because of the HIGH short interest it is now on our short Squeeze.
Short % of float is over 50% and the annual dividend is 10%. You get paid to hold this one. But better yet, the management, can stop the dividend and do a buy back to squeeze the shorts themselves, which is what I would love to see. Given their mountain of debt, the debt to equity ratio is very bad in part due to shorts suppressing the stock. A smart way to buy it on the cheap if I was the KSS management.
KSS - is the most speculative one on the list, but I might be the most spectacular one if everything falls into place. As always DYOR, watch your position size especially with long shots and keep learning.
The last one on the 2024 list I’ll mention here is KWEB -ETF
It is Already up 20% since I recommended it, in part knowing that China was about to pump liquidity into their market. receipts
KWEB is a good way to own all the best China companies in tech. I do hold a good position in Tencent stock, and BABA options on top of KWEB as I expect China to do well going forward.
May the Force of Compound Interest be with you, PEACE!
-Delta