An Overview of Stanley Druckenmiller’s Top Buys in 3Q17
In 3Q17, the Duquesne Family Office’s holdings included Citigroup (C), Workday (WDAY), Alphabet (GOOGL), and Chubb Limited (CB) in its top buying activity.
In 3Q17, Druckenmiller made a significant investment in the information technology sector (XLK). In 3Q17, this sector represented ~56.4% of his firm’s portfolio.
Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), and Amazon (AMZN) were among the top holdings of Druckenmiller’s firm, Duquesne Family Office, in 3Q17.
On December 14, 2017, Apple (AAPL) was trading at ~$172.00, and its price-to-earnings ratio was ~18.7x.
On December 14, 2017, Amazon was trading at ~$1,177.00. Its price-to-earnings ratio was 300.0x.
In a December 12 interview with CNBC. Stanley Druckenmiller called central banks the “Darth Vader” of the financial system.
In an interview with CNBC on December 12, billionaire investor Stanley Druckenmiller shared his views on tax reform, the central bank’s decisions, the economy, and his stock picks. Druckenmiller is the chairman and CEO of the Duquesne Family Office.
At 5:45 AM EST on December 15, the FTSE 100 Index was trading at 7,436.75—a fall of 0.15%. The iShares MSCI United Kingdom (EWU) fell 0.25% on December 14.
After a pullback on Thursday, the Shanghai Composite Index opened lower on December 15 and fell to five-week low price levels.
TechnipFMC fell on December 14. After falling last week, TechnipFMC started this week on a stronger note but lost strength as the week progressed.
After gaining for three consecutive trading weeks, Nucor started this week higher but lost upward momentum as the week progressed.
On December 14, Macy’s fell 4% and closed the day at $24.80. Macy’s is part of the S&P 500 Consumer Discretionary sector, which rose 0.27% on December 14.
After a brief pullback last week, Tiffany & Co. started this week on a stronger note and rose to two-year high price levels.
Mattel (MAT), which is an American multinational toy manufacturing company, was the S&P 500’s second-best performer on Thursday.
21st Century Fox, which is an American multinational mass media corporation, was the S&P 500’s top gainer on December 14.
The S&P 500 started this week on a stronger note. Despite a strong start, the market lost momentum as the week progressed and fell on Thursday.
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