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5 Unstoppable Stocks That Will Make You Richer

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In this article, we discuss the 5 unstoppable stocks that will make you richer. To read the detailed analysis of the economy and market, go directly to the 10 Unstoppable Stocks That Will Make You Richer.

5. Deckers Outdoor Corporation (NYSE:DECK)

Price Target Upside: 15.49%

Year-to-date Gain as of April 11: 21.65%

Number of Hedge Fund Holders: 38

Deckers Outdoor Corporation (NYSE:DECK) is a designer and distributor of footwear, apparel, and accessories under its brands, Koolaburra by UGG, HOKA, UGG, Ahnu, etc. The stock is 21.65% higher year-to-date, as of April 11.

In the fourth quarter of 2023, 38 hedge funds held positions in Deckers Outdoor Corporation (NYSE:DECK) worth $769.975 million. As of December 31, 2023, Marshall Wace LLP is the largest shareholder in the company. The firm has increased its stake in the company by 210% to 404,745 shares worth $270.543 million.

Over the past 3 months, the stock has received Buy ratings from 12 Wall Street analysts. The average price target of $947.00 has an upside of 15.49% from the current levels, as of April 11.

First Pacific Advisors stated the following regarding Deckers Outdoor Corporation (NYSE:DECK) in its fourth quarter 2023 investor letter:

“Deckers Outdoor Corporation (NYSE:DECK) is a footwear and apparel company that owns the UGG, Hoka, Teva, Sanuk, and Koolaburra brands. Management has done a masterful job growing and extending the UGG franchise. Now they are repeating their success with Hoka running shoes which surpassed $1 billion in sales last year.21 At nearly thirty times earnings (as of Dec. 31, 2023), we have weighed Deckers’ valuation against the quality of its management team, strong brands, and net cash balance sheet and remain comfortable with the Fund’s current position.

We first bought a small position in Deckers in 2015 and 2016 when the company was struggling with supply chain issues. The stock is up more than ten times since then on excellent performance and a broadening of the brand portfolio away from UGG. We have trimmed along the way, but even after the company’s exceptional financial performance and growth, we think the stock still trades in the range of reasonableness.”

Follow Deckers Outdoor Corp (NYSE:DECK)

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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