In this article, we will take a look at the 5 Martin Shkreli stock picks and their performance. To see more such companies, go directly to 10 Martin Shkreli Stock Picks and Their Performance.
5. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 68
1-Year Stock Performance: -12%
Santa Clara, California-based Intel Corporation (NASDAQ:INTC) is involved in researching, developing, manufacturing, and selling semiconductor computer circuits.
Here‘s why Martin Shkreli remains bullish on Intel Corporation (NASDAQ:INTC):
“Basically I assume Intel doesn’t recover very much, but it can hold its own. They’re still preferred by chip customers. Intel Corporation (NASDAQ:INTC)’s business is still 3 times ahead of Advanced Micro Devices, Inc. (NASDAQ:AMD). And if they barely recover at all, you won’t lose any money. The market assumes Intel Corporation (NASDAQ:INTC) makes a very very temperate recovery. Remember, Intel Corporation (NASDAQ:INTC) is in a cyclical trough and a product trough. It kind of feels like the market is assuming that Intel Corporation (NASDAQ:INTC) will never recover, and it just doesn’t seem like the right reality. Intel Corporation (NASDAQ:INTC) seems like a decent speculative long.”
4. Tesla Inc. (NASDAQ:TSLA)
Number of Hedge Fund Holders: 82
1-Year Stock Performance: +1.57%
Tesla Inc. (NASDAQ:TSLA) is engaged in the design, development, manufacturing, leasing, and sales of electric vehicles, as well as energy generation and storage systems. Tesla Inc. (NASDAQ:TSLA) operates in two primary segments, namely Automotive and Energy Generation and Storage.
Martin Shkreli, on his YouTube channel, mentioned why he likes Tesla Inc. (NASDAQ:TSLA):
“Tesla had a great quarter and the stock will probably continue to come back. I like the stock. When you play with large cap stocks, you need to move in and move out pretty fast. There’s some benefit to investing in large cap stocks. Just make a quick 10% and don’t make a fortune.”
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 132
1-Year Stock Performance: +146%
NVIDIA Corporation (NASDAQ:NVDA), headquartered in Santa Clara, California, is a renowned technology company recognized for its specialization in the design and production of graphics processing units (GPUs).
Here‘s what Martin Shkreli has to say about NVIDIA Corporation (NASDAQ:NVDA) on his YouTube channel:
“The company gets scaled but they can get up to $20 billion in income. But they have to start paying taxes. If NVDA can grow revenue for 30% for just a couple more years and then never again, then it’s a very cheap stock. It is possible for them to stop growing by 2028, they can hit $100 billion in revenue and $50 billion in net income. So NVDA would have to quadruple relatively quickly 30% a year for the next 6 years. NVDA had an amazing run. The company went from $4 billion in revenue to $27 billion revenue and usually that kind of momentum doesn’t just stop.”
2. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 243
1-Year Stock Performance: +14%
Amazon.com, Inc. (NASDAQ:AMZN) ranks 2nd in our list of Martin Shkreli stock picks.
Here‘s what Martin Shkreli has to say about the reason why Amazon.com, Inc. (NASDAQ:AMZN) is not too profitable on books:
“The secret sauce of Amazon is that you don’t actually know what their actual business margins are. I think they’ve been hiding and lying about their “unprofitable” retail business. But I think it’s quite profitable. They just invest a lot of money in things like Alexa..”
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 289
1-Year Stock Performance: +25%
Redmond, Washington-based Microsoft Corporation (NASDAQ:MSFT) focuses on the development, licensing, and support of software, services, devices, and solutions. Microsoft Corporation (NASDAQ:MSFT) is divided into three segments, namely Productivity and Business Processes, Intelligent Cloud, and More Personal Computing, each serving distinct areas of focus.
Here‘s what Martin Shkreli has to say regarding Microsoft’s Q1 2023 earnings:
“Really good numbers for Microsoft. Consensus was at 51, they came in at 53 so a really big beat. On a constant basis, Msft is growing 10% relative to Google’s 6%. MSFT is a little bit more exposed to enterprise than Google, and maybe that’s the reason they’ve grown.”
You can also take a peek at 12 Best 5G Stocks To Buy Now and 10 Best Fast Growth Stocks To Buy.
