Data center equipment company Vertiv (NYSE: VRT) and Google owner Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two great stocks to consider. Based on management's full-year 2023 guidance, Vertiv stock is a great value. For example, management is expecting 14% to 17% organic revenue growth, adjusted free cash flow (FCF) of $300 million to $400 million, and adjusted diluted earnings per share (EPS) of $1.17 to $1.27. Read More...
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The Newest ‘Bubble’ Is in Money-Market Funds
People are rushing into money-market funds. Total assets held in money-market funds, which are investment vehicles that buy cash-like securities such as short-term Treasury bills, recently reached close to $5.5 trillion, according to RBC. Earlier this year, money-market fund assets stood at roughly $4.5 trillion, a level at which people stopped pouring more money into those funds a few times in the past few years, opting instead to buy other assets like stocks.
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