10 Stocks That Will Skyrocket

6. CME Group Inc. (NASDAQ:CME)

Number of Hedge Fund Investors  in Q1 2024: 60

Date of Newsletter: July 2nd

Seems like Tilson’s stock picks are finding favor with the hedge funds too as not only are four out of ten stocks on our list part of his newsletter, but Hershey is immediately followed by another Stansberry stock pick. This ‘perfect’ stock is one of the “oldest and most trusted” financial market institutions, and the “backbone” for “an average value of $1 quadrillion trading every year.” Seems to be quite a stable firm that can see nothing go wrong if you ask us. Tilson claims that the “world’s financial system” would “shutter” down if this firm were to vanish from the face of the Earth, and like Hershey’s, this firm’s revenue also grew during the three recent financial crisis.

This leads Stock Gumshoe to speculate that the stock can be CME Group Inc. (NASDAQ:CME). The Chicago Mercantile Group operates one of the biggest trading platforms in America, with a wide range of commodities trading on its platform every day. The stock is trading at close to a 10 year valuation low of 22x of earnings, and naturally, this has also spiked the dividend yield to 4.5%. However, as Gumshoe notes, the stock dropped to 10x valuation during the financial crisis which is unsurprising as investors seek refuge in the dollar and gold during an economic downturn.