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.
Facebook (FB) revenues rose 54% and 47% in 2016 and 9M17, respectively.
Visa’s (V) net operating revenue rose 9% in 2016 and 22% in 2017, driven by the US and international segments.
Procter & Gamble’s (PG) net sales fell 8% in 2016 before registering flat growth in 2017.
Microsoft’s (MSFT) revenue rose 5% in 2017 after a 9% decline in 2016.
Microsoft’s (MSFT) revenue rose 12% in 1Q18.
In this two-part series, we’re covering the top 21 mega-cap dividend-yielding S&P 500 companies. In this second part, we’ll look at the final ten, ranked in order of market capitalization.
Alphabet’s (GOOGL) revenue rose 20% and 22% in 2016 and 9M17 (the first nine months of 2017), respectively.
Apple’s (AAPL) net sales rose 6% in 2017 after an 8% decline in 2016.
Donald Trump’s promises of financial deregulation, infrastructure spending, and tax cuts played a major role in the stock market rally this year.
Bitcoin is currently having an incredible performance. It has risen nearly 1,450% so far this year.
Gross believes that in return for cost of carry, if investors get risk-adjusted returns that will be unfruitful compared to the benchmark, they could shift their holdings to other asset classes.
Fund manager Bill Gross thinks the increase in the credit level since the 2008 global financial crisis will be an imminent concern for the US economy.
Bill Gross thinks investors need to avoid parking their money in US (SPX-INDEX) Treasuries (TLT) (BND) during a crisis arising out of a policy mistake, a geopolitical issue, or unexpected risk.