Articles for author: Russ Cohen

Russ Cohen

The Best Artificial Intelligence ETF to Invest $100 in Right Now

Artificial intelligence (AI) stocks have skyrocketed over the past couple of years as it became more evident that this top technology could revolutionize everything from how a warehouse operates to how scientists discover drugs. The market is set to reach into the trillions of dollars a few years from now, and certain AI companies already ...

Russ Cohen

Billionaire Stanley Druckenmiller of Duquesne Dumped His Fund's Stake in Nvidia and Has Latched Onto a New Favorite Trillion-Dollar AI Stock

Key Points According to one estimate, artificial intelligence (AI) is a $15.7 trillion global addressable market by the turn of the decade. Quarterly Form 13F filings show that billionaire Stanley Druckenmiller completely exited his fund’s position in Nvidia — and profit-taking might explain only part of the story. Meanwhile, Duquesne’s chief investor has purchased shares ...

Russ Cohen

Brokers Suggest Investing in Workday (WDAY): Read This Before Placing a Bet

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see ...

Russ Cohen

LQD, BFRE: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares iBoxx $ Investment Grade Corporate Bond ETF, where 10,900,000 units were destroyed, or a 4.0% decrease week over week. And on a percentage change basis, the ETF with the biggest ...