Barron's Streetwise Andrew Bary’s Top Stock Picks
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Dec 13, 2024 In this insightful discussion, Andrew Bary, an associate editor at Barron’s known for his sharp market analysis, dives into the future of stock picking. He shares cautious optimism about tech stocks like Uber Technologies and discusses Citigroup's strategic shifts. The conversation also covers the luxury market's struggles, particularly LVMH in China, and examines the fluctuating energy market with companies like Schlumberger. Bitcoin’s controversial investment dynamics are analyzed, showcasing the changing landscape of financial strategies.
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Bary's Subway Generosity
- Jack Howe recounts Andrew Bary's generosity in navigating the NYC subway.
- Bary swiped Howe through the turnstile, saving him the cost of a subway fare.
Bary's Portfolio Underperformance
- Andrew Bary admits his stock picks underperformed the S&P 500.
- Hertz, down over 50%, was a major drag on his portfolio's performance.
2025 Market Outlook
- Active managers struggled in 2024 due to the dominance of already pricey tech stocks.
- Bary predicts a positive 2025 market outlook, citing restrained interest rates and a market-friendly presidential administration.