We had Rivian in the Radio savant Portfolio originally -- it never really took off. But my instinct was correct I think-- If I had to pick a stock that might really explode up from here to Christmas it would be Rivian. And in fact i just saw my first Rivian pickup in the street! So they are real. Big Investor Bought Nvidia and Rivian Stock. It Sold Ford and GM. Oct. 23, 2022 8:00 am ET A large European asset manager has made big changes in its largest U. S-traded stock investments, specifically in auto manufacturers and a chip maker. DNB Asset Management, a unit of Norway’s largest financial-services firm DNB, bought more shares of Nvidia NVDA +2.23% (ticker: NVDA) and electric-vehicle maker Rivian Automotive RIVN +3.87% ( RIVN ), and cut its investments in Ford Motor F +3.57% ( F ) and General Motors GM +4.67% ( GM ) in the third quarter.
Pull that stupid little stunt in saltwater, and within 3 weeks you'll have the tow truck driver surfing Google for one of their (non-existent (?) ) service departments. After which you'll be calling VZ fav CoPart to auction off the thing for body parts. If this market is heading north, CPRT is a good stock btw. CPRT---> $109
Stoney!!!! Another two overseas stock picks right here that as always, the readers get weeks before (courtesy of VZ) your beloved SA writers figure it out. https://ri.localiza.com/en/ LZRFY----> $13.24 WEGZY ---> $7.0 Brazil is where its at. Back in the day it was the "B" in BRIC. Russia, India, and China.... they're all out. That leaves Brazil. The only reason I know this is because of GBA board member @newbie463 turning me on to Vale. The Brazilian miner. When it went up when markets around the world were crashing, including the miners... I had to figure out why. Brazil Stoney! <-----
From the "Stuff You Don't Hear From Stoney's Cut and Paste --->'Seeking Alpha' Morning Updates<--- Department": --->
apparently I'm not alone here. wow! _____________________________________ Bruised Emerging Markets Find Lone Bull Case in Volatile Brazil<------ 1 / 4 Bruised Emerging Markets Find Lone Bull Case in Volatile Bra (Bloomberg) -- As volatility batters even the strongest economies of emerging markets, one nation is turning into a haven of calm and investors’ choice to hide out the Federal Reserve tightening spree: Brazil. Developing-nation stocks, bonds and currencies are witnessing their worst meltdown in decades, but one wouldn’t know that looking at the Latin American country’s assets. Traders are raking in double-digit carry returns from its currency, making the most bullish bond bets in 13 years, sparing its local-currency debt from a high-yield selloff and calling its stocks “the hottest trade in town.” The out-performance is providing much-needed relief for emerging-market investors who have been stung in: China, where growth is slumping; India, where high oil prices are crippling the currency; Africa, where debt crises are brewing; and eastern Europe, which has been whipsawed by the plunge in the euro. Brazil is seen by many as the only major developing nation with an economic formula -- double-digit benchmark interest rates coupled with a giant commodity-exporting industry -- that can withstand the financial pressure created by soaring global yields. And then there’s next weekend’s presidential election. Optimism is now growing that regardless of who wins, the next government will pursue market-friendly policies. “Brazil really is kind of a safe haven which one would not have expected in the run-up to the elections,” said Viktor Szabo, an investment director at abrdn in London. “This is quite a difficult year for emerging markets overall, with inflation, a war in Ukraine and central-bank tightening. But Brazil stands out, and is a solid investment story both in the financial markets and in the real economy.”
Vale SA, formerly Companhia Vale do Rio Doce, is a Brazil-based metal and mining company which is primarily engaged in producing iron ore and nickel. The Company also produces iron ore pellets, copper, platinum group metals (PGMs), gold, silver and cobalt. Vale is engaged in greenfield mineral exploration in five countries and operates logistics systems in Brazil and other regions in the world, including railroads, maritime terminals and ports, which are integrated with mining operations. In addition, Vale has distribution centers to support the delivery of iron ore worldwide. Vale has numerous subsidiaries, including Vale Logistica Uruguay SA, Vale Holdings BV, Vale Overseas Ltd. The Company’s operations abroad cover approximately 30 countries.