At this crisis point in history - what could possibly create these rare and extraordinary gains?

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Since the Coronavirus came into our lives this slice of the stock market has given ordinary people the chance to multiply their money by 96% in 21 days on JP Morgan.

Investing, Stocks  | June 12, 2020

Miller Value Partners recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Miller Value Partners Opportunity Equity Fund posted a return of -38.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned -19.6% in the same quarter. You should check out Miller Value Partners top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.

In the said letter, Miller Value Partners highlighted a few stocks and Inc (NASDAQ:AMZN) is one of them. Amazon is a technology company. Year-to-date, Inc (NASDAQ:AMZN) stock gained 43.3% and on June 10th it had a closing price of $2,647.45. Here is what Miller Value Partners said:

" Inc. (AMZN) gained 5.54% as the company benefited from increased online purchases due to stay-at-home orders but struggled to keep up with demand. During the quarter the company announced an effort to hire 100k additional employees to meet demand, a suspension of 3rd party FBA service for non-essential categories, and a temporary stoppage of deliveries in India. The company announced the delay of Prime Day until 3Q from 2Q."

In Q1 2020, the number of bullish hedge fund positions on Inc (NASDAQ:AMZN) stock increased by about 24% from the previous quarter (see the chart here), so a number of other hedge fund managers seem to agree with AMZN's growth potential. Our calculations showed that Inc (NASDAQ:AMZN) is ranked #1 among the 30 most popular stocks among hedge funds.

A revolutionary initiative is helping average Americans find quick and lasting stock market success.

275% in one week on XLF - an index fund for the financial sector. Even 583%, in 7 days on XHB… an ETF of homebuilding companies in the S&P 500. 

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