Mon.Feb 19, 2024

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Is UPS Stock Going to $170? 1 Wall Street Analyst Thinks So

The Motley Fool

UPS (NYSE: UPS) stock received an analyst upgrade recently (from neutral to outperform) from a Baird analyst, buying into the view that the multinational shipping & receiving and supply chain management company's prospects will improve in the second half of 2024. The analyst's new price target of $170 (from $165 previously) represents a near 15% premium to the current price and is a vote of confidence in the stock.

Prospects 246
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Orlando Bravo, Jonathan Gray, Lori Hall-Kimm, Pam Hendrickson, Howard Marks, Scott Nuttall and David Rubenstein to speak at NEXUS 2024

PE Hub

PEI preps for new PE event NEXUS 2024. The post Orlando Bravo, Jonathan Gray, Lori Hall-Kimm, Pam Hendrickson, Howard Marks, Scott Nuttall and David Rubenstein to speak at NEXUS 2024 appeared first on PE Hub.

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Forget a $1 Million Nest Egg. Here's How Much You Really Need for Retirement

The Motley Fool

A million dollars is a lot of money to anyone, but we're long past the days when it could buy you a luxurious retirement. Most workers today will need a lot more to ensure a comfortable future, especially if they expect their retirement to last two or more decades. Guessing isn't a great idea when your future financial security is on the line. Instead, let's talk about how to calculate what you'll actually need for retirement.

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Borgman Capital snaps up regional chemical distributor TPI

PE Hub

Tom Perovsek will remain president of TPI, a role he has held since 2001. The post Borgman Capital snaps up regional chemical distributor TPI appeared first on PE Hub.

Capital 196
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Investors Are Piling Into Nvidia Stock. But Nvidia Is Investing in 5 Other AI Stocks.

The Motley Fool

Over any meaningful time span, Nvidia (NASDAQ: NVDA) has been a blockbuster investment. It's up almost 1,800% over the last five years, and it has more than tripled in the past year alone, fueled by investors' excitement for artificial intelligence (AI). There's good reason to believe Nvidia is a top AI stock. Management attributes its surging revenue to AI-related products and services.

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KKR-backed Zinnia to acquire Ebix’s life and annuity assets

PE Hub

Georgia-based Ebix is a provider of software solutions. The post KKR-backed Zinnia to acquire Ebix’s life and annuity assets appeared first on PE Hub.

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Borgman Capital exits equipment rental company Aerial Work Platforms

PE Hub

Borgman Capital acquired AWP in December 2020 from the company founder Pat Barney. The post Borgman Capital exits equipment rental company Aerial Work Platforms appeared first on PE Hub.

Capital 168
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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

It's fair to say that Cathie Wood doesn't mind when it rains. The Ark Invest co-founder, CEO, and investor isn't afraid to add to some of her positions when they dip, and she did that a bit of that on Friday. Wood spent the final trading day of last week actively buying stocks moving lower on a down day for the overall market. She added to her stakes in Roku (NASDAQ: ROKU) , Unity Software (NYSE: U) , and SoFi Technologies (NASDAQ: SOFI) , three stocks that all fell harder than the market.

Stakes 246
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Rubicon Technology Partners invests in Nulogy

PE Hub

Nulogy is a Toronto-based supply chain collaboration service provider. The post Rubicon Technology Partners invests in Nulogy appeared first on PE Hub.

Investing 173
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1 No-Brainer Artificial Intelligence (AI) Stock to Buy Now and Hold for 10 Years

The Motley Fool

Cloud computing is the essential technology that allows businesses to operate in the digital world. It powers their online applications, connects their employees around the globe, and hosts their online sales channels. The cloud enables businesses of all sizes to reach a global audience, but it does come with technical challenges. Datadog (NASDAQ: DDOG) created a cloud monitoring platform that is increasingly essential for large organizations with complex digital infrastructure.

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Avatar Medical Raises €5M in Seed Funding

FinSMEs

Avatar Merdical, a Paris, France-, and Mountain View, CA-based company providing a real-time solution for surgeons to engage with patients, raised €5M in Seed funding. The round was led by GO Capital, with support from US-based Acorn Pacific Ventures and Plug and Play as well as Rives Croissance and Cenitz. Fifteen surgeons and radiologists also […] The post Avatar Medical Raises €5M in Seed Funding appeared first on FinSMEs.

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1 Beaten-Down Stock That Turned $10,000 Into Nearly $1 Million

The Motley Fool

As a business that provides the clothing and footwear for athletes to compete at the highest level, Nike (NYSE: NKE) has certainly been a winning investment in the past. In the last 30 years, the top footwear and apparel stock has turned a $10,000 initial investment into a whopping $962,000 today (as of Feb. 14), including dividends. A similar investment in the S&P 500 would be worth $189,000 today.

Prospects 246
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Private credit loses out to JPMorgan in $2.5bn Cohesity debt deal

Private Equity Wire

The proposed acquisition of a unit of Veritas Technologies by SoftBank and Sequoia Capital-backed Cohesity will be supported by $2.5bn in debt financing from JPMorgan Chase & Co after the bank beat off competition from private credit lenders, according to a report by CityWire. The report cites unnamed sources with knowledge of the matter as confirming that a group of private credit firms including Oak Hill Advisors and Apollo Global Management had offered a rival finance package to the data

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Here's What Happens When You Renovate Your Home But Fail to Get a Permit

The Motley Fool

Image source: Getty Images Home prices have been sky-high in recent years. Between that and the fact that mortgage lenders have been charging a bundle to borrow, some people are opting to renovate their existing homes rather than try to buy new ones. In a late-2023 survey by CRAFTSMAN, more than half of Americans said they didn't want to sell their current homes, as they'd have to give up a low rate on an existing mortgage.

Returns 246
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KKR leads financing for Clarience Technologies’ Safe Fleet acquisition

Private Equity Wire

Global investment firm KKR has served as lead arranger, administrative agent, and investor on a debt financing for Clarience Technologies’ acquisition of Safe Fleet, a manufacturer of fleet safety solutions, investing in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as left lead arranger and joint bookrunner on the transaction.

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Is Super Micro Computer Stock Still Cheap Compared to Nvidia and Chip-Related Stocks?

The Motley Fool

In today's video, I take a closer look at Super Micro Computer (NASDAQ: SMCI) stock and compare it to other companies in the semiconductor industry such as Nvidia , AMD , Dell , and Hewlett Packard Enterprise. You will be surprised by the conclusion. *Stock prices used were from the trading day of Feb. 16, 2024. The video was published on Feb. 18, 2024.

Returns 246
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As African tech investors retreat, Partech picks up over $300m for hefty new fund targeting the region

AltAssets

Tech startup investor Partech has surpassed its $300m hard cap to close its second Africa-focused fund, amid a wider pullback of tech investors targeting the continent. The post As African tech investors retreat, Partech picks up over $300m for hefty new fund targeting the region first appeared on AltAssets Private Equity News.

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Could Investing $20,000 in Nvidia Make You a Millionaire?

The Motley Fool

Nvidia (NASDAQ: NVDA) has turned out to be a top investment over the past decade. A $20,000 investment made in the semiconductor giant 10 years ago would be worth more than $3.4 million today -- up by around 170 times in value. It is also worth noting that the company has taken less than a decade to turn a $20,000 investment into precisely a $1 million.

Investing 246
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AltAssets private equity deal roundup – February 19, 2024

AltAssets

US private equity investor Advent International is prepping to sell German delivery company Evri in a deal estimated to be worth £2bn including debt, according to the Sunday Times. Advent acquired a 75% stake in the company, formerly known as Hermes UK, for £850bn in 2020, with the remaining quarter stake owned by German retail […] The post AltAssets private equity deal roundup – February 19, 2024 first appeared on AltAssets Private Equity News.

Stakes 80
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Forget Nvidia: 2 Artificial Intelligence (AI) Growth Stocks With More Upside to Buy Now, According to Wall Street

The Motley Fool

Semiconductor company Nvidia (NASDAQ: NVDA) was the best-performing stock in the S&P 500 last year. It soared 239% as investors added shares to their portfolios in anticipation of a boom in artificial intelligence (AI) spending. That buying spree has continued in earnest this year, with Nvidia's stock advancing another 50%. There are still plenty of reasons to own Nvidia.

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Navigating Africa: Inside Adenia’s record fundraise

AltAssets

The challenges of fundraising in the current volatile environment, even for the most established fund managers, is well documented. But fundraising in an environment where LP capital is already hard won and prolonged geopolitical tensions are rife adds a whole new dimension to the process. If anyone understands how to navigate the continent it is Stephane Bacquaert, the managing director of Adenia Partners, which is currently nearing its $460m target for one of the largest-ever Africa-focused fu

Funds 79
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Is OpenAI's Sora a Threat to This AI Behemoth? Should Investors Buy the Dip?

The Motley Fool

In this video, I will talk about Microsoft -backed OpenAI's new AI video model, Sora, which might pose a big threat to Adobe (NASDAQ: ADBE). *Stock prices used were from the trading day of Feb. 16, 2024. The video was published on Feb. 19, 2024. Should you invest $1,000 in Adobe right now? Before you buy stock in Adobe, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Adobe wasn’t one of them.

Investors 246
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Ely Place Partners appoints Head of Research 

Private Equity Wire

London-based alternative assets advisor Ely Place Partners has appointed Gareth Morgan as Head of Research. Morgan will continue leading Prospect Private Markets, the advisor’s LP mapping service, which he co-founded. In his new role, Morgan is also set to contribute to Ely’s GP advisory services, which is intended to complement its placement and secondary advisory business lines by providing support throughout the fundraising cycle, particularly in investor relations, fundraising strategy, doc

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Forget Costco. Here's a Better Retailer to Buy Right Now.

The Motley Fool

Costco Wholesale (NASDAQ: COST) is an excellent business, but the stock has some big drawbacks. The warehouse giant isn't very profitable, even for a retailer, due to its price-leadership selling approach. And shares are expensive, potentially limiting an investor's returns from here. If you're shopping around in this niche but would like another option, you're in luck.

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PE firms deterred by Very’s high valuation as owners seek take-private deal 

Private Equity Wire

The owners of British online retailer Very have encountered difficulties in pursuing a take-private deal due to its £4bn valuation and high debt pile, according to a report by The Times. Very is owned by the Barclay family and rebranded from Littlewoods Direct in 2009. According to the report, the Barclays have approached private equity funds about taking over the retailer as it seeks to offload assets acquired over more than 30 years.

Debt 78
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Better Bitcoin Mining Stock: Riot or Marathon?

The Motley Fool

In a crowded field, Riot Blockchain (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) have risen to become leaders in the competitive Bitcoin mining industry. While both have found success, they have done so in vastly different ways. But only one is set up for more promised long-term success: Riot. Here's why Riot's mining strategy will prove to be more conducive to finding profits as Bitcoin becomes more scarce over the coming years.

Stakes 246
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Veritas continues fundraising push, launches new credit vehicle alongside reported flagship fund raise

AltAssets

Tech and government investment specialist Veritas Capital is continuing a hot streak of fundraising activity with the launch of its third credit vehicle in just four years. The post Veritas continues fundraising push, launches new credit vehicle alongside reported flagship fund raise first appeared on AltAssets Private Equity News.

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Better AI Stock: Alphabet vs. Amazon

The Motley Fool

The artificial intelligence (AI) market hit a valuation of nearly $200 billion last year and has shown no signs of slowing. Data from Grand View Research shows the sector is projected to have a compound annual growth rate of 37% through 2030, which would see it reach nearly $2 trillion before the end of the decade. As a result, dedicating a portion of your holdings to this high-growth market could be one of the best moves this year to potentially benefit from its long-term development.

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Talk Your Book: Putting a Floor on the Nasdaq 100

A Wealth of Common Sense

Today’s Talk Your Book is brought to you by Innovator Capital Management We had Co-Founder and CEO Bruce Bond back on the show to discuss their latest defined income and outcome products. On today’s show, we discuss: The AUM growth for Innovator How market prices affect investor behavior, and buffer ETF fund flows Who Parametric is and the product that Innovator launched with Parametric How equity floor ETFs.

Capital 76
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38% of Consumers Will Cancel Subscriptions if Prices Rise. Should You?

The Motley Fool

Image source: Getty Images If you pay for multiple subscriptions, you're not alone. Whether you've subscribed to streaming app services, software subscriptions, or monthly fitness solutions, these services can add up fast. Many companies have increased the prices of their subscriptions in recent years. A recent Capterra study found that some consumers have had enough and are ready to cancel if price hikes continue.

Financing 245
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Advent exploring £2bn Evri sale 

Private Equity Wire

Private equity firm Advent International is preparing to sell Evri, the German delivery business formerly known as Hermes UK, which has so far been valued at £2bn including debt, according to a report by The Sunday Times. According to the report, Advent has been working with advisors from Rothschild to review its options including a potential sale.

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The "Dean of Valuation" Is Selling Nvidia Stock Hand Over Fist. Should You?

The Motley Fool

Aswath Damodaran deserves his nickname of the "Dean of Valuation." He teaches corporate finance and valuation at the Stern School of Business at New York University. Damodaran has written multiple papers and books on valuation, including The Little Book of Valuation targeted for a general audience. He also regularly provides data on corporate valuations on his website.

Prospects 245
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EU set to approve stricter private credit rules

Private Equity Wire

Stricter rules for private credit funds operating in Europe are set to be approved by the European Union this week in response to recent rapid growth in the sector and a subsequent uptick in concerns over potential risks to the stability of financial markets, according to a report by Bloomberg. The new regulations for alternative investment managers including direct lenders, include caps on leverage for private credit funds and other restrictions that the industry is concerned will prove overly

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Meet the Value Stock Warren Buffett Can't Stop Buying

The Motley Fool

Just in case you missed it, Wednesday, Feb. 14, was arguably the most important day of the first quarter for investors. It marked the deadline for institutional investors with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. In simple terms, a 13F allows investors to see what Wall Street's smartest and most-successful money managers purchased and sold in the most recent quarter.

Stakes 245