New Strong Buy Stocks for May 23rd

Simply Wall St.
Should You Investigate Genting Singapore Limited (SGX:G13) At S$0.87?
Genting Singapore Limited ( SGX:G13 ), might not be a large cap stock, but it saw its share price hover around a small...
Fortune
Bank of America says Broadcom could be the next trillion-dollar company—but rival Nvidia would still be 3 times larger
While Nvidia stands as the undisputed winner of the AI chip wars, it soon could have a rival.
Reuters
China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline. Xia, who stepped down from the embattled Chinese developer in 2022 after an internal probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services to the group, bought the flat from New World Development in 2019, according to records from the Land Registry.
The Edge Singapore
OCBC's final offer of $25.60 for GEH is 'not fair but reasonable' says EY; advises shareholders to accept
EY advises shareholders to accept the offer, or sell their shares if they can offer a higher price than the offer price.
Simply Wall St.
Here's Why Old Chang Kee (Catalist:5ML) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Barrons.com
Nvidia Is 2024’s Best-Performing Chip Stock. These 4 Are Next.
Micron Technology, Taiwan Semiconductor Manufacturing, Coherent, and Qualcomm have also done well this year.
Simply Wall St.
Hongkong Land Holdings Insiders Placed Bullish Bets Worth US$982.5k
In the last year, multiple insiders have substantially increased their holdings of Hongkong Land Holdings Limited...
Yahoo Finance
Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech
Investors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.
The Smart Investor
Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group
We look at the latest software updates from a technology giant and the latest moves by the US central bank. The post Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group appeared first on The Smart Investor.
GOBankingRates
I Retired in My 50s: Here’s My Monthly Budget
Retiring in your 50s doesn't require a superpower, a trust fund, or the lottery, but it does require discipline. Since your investments will have less money to compound, you'll need to contribute...
GOBankingRates
7 Common Mistakes That Will Keep You From Retiring Wealthy
Proper planning is crucial if you want to retire wealthy. Here are some common mistakes you’ll want to avoid, as they can seriously deter your plans.
Simply Wall St.
Returns On Capital At VICOM (SGX:WJP) Have Hit The Brakes
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
AFP News
Bank of Japan to scale down huge bond-buying programme
The Bank of Japan on Friday said it would trim its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy.The central bank kept interest rates unchanged after a two-day meeting but announced plans to "reduce its purchase amount of JGBs (Japanese Government Bonds) thereafter to ensure that long-term interest rates would be formed more freely".
Insider Monkey
Analyst Says Advanced Micro Devices, Inc. (AMD) is Expensive Compared With NVDA, AI Expectations ‘Too High’
We recently published a list of 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. Since Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks 6th on the list, it deserves a deeper look. The Federal Reserve now expects just one rate cut in this year, and the market’s reaction to this development has […]
The Independent
It’s official: Tesla shareholders grant Elon Musk the biggest executive pay package in US history
The billionaire entrepreneur had remained assured that shareholders would approve the payout which was denied to him by a Delaware judge in January
Simply Wall St.
Moderna (NASDAQ:MRNA) shareholders are still up 857% over 5 years despite pulling back 6.1% in the past week
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality...
Yahoo Finance
What's next for Tesla's stock as shareholders and Wall Street pros weigh in
Elon Musk's pay deal — worth up to $56 billion -—has now been approved by Tesla shareholders. Yet investors and analysts Yahoo Finance spoke to are feeling mixed about the future of the electric car company.
Reuters
New York recovers $50 million for defrauded Gemini Earn crypto investors
NEW YORK (Reuters) -New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program, she said on Friday. Gemini, run by billionaire twin brothers Cameron and Tyler Winklevoss, will provide full recoveries to more than 230,000 Earn investors, including 29,000 in New York, and agreed to a ban on operating crypto lending programs in the state. The payout is in addition to James' related $2 billion settlement with crypto lender Genesis Global Capital, which she announced on May 20.
Simply Wall St.
A Look At The Fair Value Of Meta Platforms, Inc. (NASDAQ:META)
Key Insights Meta Platforms' estimated fair value is US$561 based on 2 Stage Free Cash Flow to Equity With US$504 share...
Insider Monkey
Why Microsoft Corporation (NASDAQ:MSFT) Is Up Today
We recently compiled the list of the 10 Stocks That Are Upgraded by Wall Street Analysts. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the 10 stocks whose price targets were recently raised by analysts. But first, we are going to take a look at what the […]

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