ProPicks AI Top-10: 2 Stocks Snagged Before Bullish Momentum Kicked Into Overdrive

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Broadcom Inc News

Shift4 Payments Inc

Stocks Analysis by Investing.com (Thomas Monteiro) covering: Broadcom Inc, Shift4 Payments Inc. Read Investing.com (Thomas Monteiro)'s latest article on Investing.com

Today, we focus on stocks ranked 6 and 5 - those that the AI snagged right before the bullish momentum shifted into higher gear.

That's because these opportunities come in several shapes and sizes, frequently misleading those who try to spot them using the bias of the last successful entry. Michael Burry’s latest 13F filing revealed an intriguing investment choice: Shift4 Payments, a consumer-discretionary payments platform. The chipmaker has consistently rewarded investors, with its stock delivering a phenomenal 470% growth over the past five years - an average of 94% per year.

As the November 26, 2023, acquisition deadline approached, many investors grew uneasy about the deal’s completion. If Broadcom failed to close it on time, a substantial $1.5 billion termination fee loomed.

 

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