10 Best Dividend Stocks to Buy According to Billionaire Philippe Laffont
In this article we will take a look at the 10 best dividend stocks to buy according to billionaire Philippe Laffont. You can skip our detailed analysis of Laffont’s history, investment philosophy, and hedge fund performance and go directly to the
Philippe Laffont is one of the most successful investors and hedge fund managers in the world. He founded his hedge fund Coatue Management in 1999 with $45 million starting capital. Since then, the fund has grown exponentially and manages a $16 billion portfolio as of today.
Coatue’s success is mainly due to its decision to focus on tech stocks, tech startups, and private technology companies. The fund has generated 10.1% annualized returns in the last ten years. Laffont’s net worth is currently estimated at around $1.4 billion. He also has a long-only fund, which invests in technology and specific themes such as facial recognition technology and artificial in
AEO Stock Jumps 8% after American Eagle Outfitters Predicts Increase in Revenue
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Square Makes a Deal With Jay-Z, and Okta Buys a Rival
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Gap (NYSE:GPS) are both considered reopening plays for a post-pandemic world. Both retailers struggled throughout the crisis as they temporarily closed their stores, but investors expect their sales to significantly accelerate after the pandemic passes.
Nike s stock rallied more than 50% over the past 12 months, but Gap s stock more than doubled. Both stocks easily outperformed the
S&P 500 s rally of about 30%. Let s see why investors flocked to both stocks and then dig deeper to see which retailer has more room to run in 2021.
Image source: Getty Images.
Nike s slowdown was brief
Nike s revenue fell 4% in fiscal 2020, which ended last May. Its earnings tumbled 36% as rising fulfillment expenses, higher tariffs, and promotions crushed its margins throughout the pandemic.
Courtesy of American Eagle Outfitters
Author By Tatiana Walk-Morris and Cara Salpini
Published Feb. 26, 2021
Dive Brief:
As part of American Eagle s Spring 2021 Jeans Are Forever campaign, the retailer will debut its AE x Snapchat AR Jeans Guide, which allows users to view jeans in augmented reality, the company announced on Thursday.
The guide s multi-URL 3D shoppable jeans lenses let users view different types of 3D American Eagle jeans in AR by using the back camera, the company said. The feature includes a range of fashion denim for men and women.
When users virtually turn a pair of jeans, they can see specific fits, washes, unique details and styling advice, as well as click to buy.