[adrotate group="2"]
Stock Market Shocker: Major Moves Shaking Up Portfolios!
You Won’t Believe What Happened in May!
I walked into May expecting a snooze-fest in my Stocks and Shares ISA. Spoiler alert: It was anything but! Buckle up, because I made THREE jaw-dropping stock moves and liquidated one entirely.
3i: A Golden Opportunity Snatched!
Drumroll, please! The headline grabber this month? Itโs none other than 3i (LSE:III)! Just when I thought I could sit back and relax, voilร โ the share price dipped, and I seized the moment like a hawk!
This powerhouse of a private equity firm just threw down its 2024-25 results, and guess what? Its portfolio is now valued at a jaw-dropping ยฃ23.32bn! But wait, thereโs moreโ I picked up shares at a market value of around ยฃ39bn! Have I lost my mind or struck gold? ๐ค
Hereโs the kicker: 3i boasted a staggering 19% return on equity (ROE) last year! Even at that 67% premium, Iโm staring at an implied return of about 11%! If they keep it up, this stock could rocket!
Are there risks? Absolutely! 3i needs to keep hunting for fresh investment opportunities and growing its existing venturesโbut Iโm riding this wave of optimism! When their stock took a fleeting 5% plunge, I dove right in!
Double Down on Other Stocks? Yes, Please!
Not content with just one jaw-dropper, I doubled down on two more stocks like a high-stakes gambler!
First up, Chord Energy! This US oil titan has felt the sting of plummeting oil prices. But hold your horses! This company has a STRONG balance sheet and is putting 75% of its free cash flow towards dividends and share buybacks. Over the next decade, Iโm banking on serious returns from this baby!
Now for the fireworks: Celebrus Technologies! This customer data software whiz has been on a rollercoaster ride, but Iโm playing my cards right and snapping up shares while theyโre down. Global trade uncertainty has customers tightening their wallets, and thatโs sparked a stock seesaw.
But Iโm not sweating it! The growth prospects look bright thanks to patented cutting-edge technology. This is a long-term winner, folks!
Farewell to Norfolk Southern: A Necessary Sacrifice!
To fund my scandalous stock spree, I had to part ways with my shares in Norfolk Southern, the US railroad powerhouse. I think Iโm making a smart move by shifting my cash to 3i, but this isnโt goodbye foreverโI may very well return for this golden opportunity in the future.
So, there you have it! My May madness in stocks has left me thrilled and eager to see what June will bring! Grab your popcorn, folksโthe market drama is just heating up! ๐๐
[adrotate group="2"]