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@Kokorache 2 months ago

Summary of 3 potential stock picks: FLR, AMD, and CRCL

Summary of 3 potential stock picks: FLR, AMD, and CRCL

Read an article suggesting three stocks to look at beyond the usual popular trades. Here is the breakdown: **Fluor (FLR)** This is a heavy construction company. The thesis is that funding from the 2021 Infrastructure Act is finally hitting the market, as only 40% has been distributed so far. Their backlog currently stands at $28.2 billion after winning $3.3 billion in new contracts recently. **AMD** They are catching up as the main competitor to Nvidia in the AI space. They are already supplying tech to big names like Oracle and OpenAI. The CEO projects 35% annualized growth over the next few years as they ramp up AI compute spending. **Circle Internet Group (CRCL)** This company manages stablecoins like USDC and provides payment tech. Revenue jumped 66% in Q3 as USDC circulation doubled from last year. The stock has pulled back since a peak in June, but the financials show usage is growing.
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[none] 2 months ago
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