2 Reasonably Priced Growth Stocks Billionaires Are Buying
All the major market indexes are trading close to new highs. This has pushed valuations well above historical norms. The current price-to-earnings (P/E) ratio for the S&P 500 is sitting around 30 -- almost double the historical average.It is getting challenging to find reasonably priced growth stocks in 2025, but one sector that is turning up some good deals is retail. Here are two retail growth stocks billionaires were buying in the fourth quarter.Coupang (NYSE: CPNG) is South Korea's leading online retail company, and the company's strong growth and opportunities for international expansion are attracting the attention of two notable billionaires. Howard Marks of Oaktree Capital Management and Chase Coleman of Tiger Global Management were buying in the fourth quarter.Continue reading
All the major market indexes are trading close to new highs. This has pushed valuations well above historical norms. The current price-to-earnings (P/E) ratio for the S&P 500 is sitting around 30 -- almost double the historical average.
It is getting challenging to find reasonably priced growth stocks in 2025, but one sector that is turning up some good deals is retail. Here are two retail growth stocks billionaires were buying in the fourth quarter.
Coupang (NYSE: CPNG) is South Korea's leading online retail company, and the company's strong growth and opportunities for international expansion are attracting the attention of two notable billionaires. Howard Marks of Oaktree Capital Management and Chase Coleman of Tiger Global Management were buying in the fourth quarter.
