Barron's Streetwise 2 Surprising Stocks Up 3,000%. Plus, Mid-Cap Picks.
Nov 1, 2024
Amy Zhang, a portfolio manager at Alger specializing in small and mid-cap stocks, joins for an insightful discussion on unexpected investment successes. She highlights impressive growth from Builders First Source and Fair Isaac Corporation, comparing these to traditional sectors. The conversation also dives into the evolving landscape of credit scoring, showcasing innovations in AI. Zhang emphasizes the benefits of mid-cap stocks and shares her top picks, revealing exciting opportunities for savvy investors.
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QuickTime Brag
- Jack Hough's plane companion bragged about her son inventing QuickTime.
- This sparked a conversation about how family members often misunderstand each other's professions.
Unexpected AI Leaders
- NVIDIA and AMD's success stems from their chips' parallel processing power, suitable for both video games and AI.
- Although initially known for video game chips, NVIDIA's founder, Jensen Wong, always intended to build a supercomputing company.
Surprising Stock Performance
- The third and fourth best-performing S&P 500 stocks are surprisingly Fair Isaac and Builders First Source.
- These companies focus on credit scores and lumber, respectively.