Archive Category: 10X Stocks Archive

It’s been nearly a month since 11 different spot bitcoin exchange-traded funds (ETFs) debuted on public markets … and the early results are interesting, to say the least. Instead of rallying higher, bitcoin prices have actually fallen around 5% since then. And our shares of leading crypto miner Marathon Digital Holdings (Nasdaq: MARA) have lost around 12% in 2024 after rocketing higher in the closing months of 2023.

Like any good financial newsletter writer, I sometimes rail on Wall Street’s (laziest) advice — to buy a stock market index fund and call it a day. Indeed, over time, I believe I can do better for you. I believe you can do better for yourself. But sometimes the indexes do make so-called stock pickers and independent-thinking investors look silly.

I added Canadian Solar Inc. (Nasdaq: CSIQ) to the 10X Stocks model portfolio in October of 2022 because it was the cheapest, high-growth solar stock out there. And it seems like the folks at BlackRock agree with me. On Tuesday of this week, BlackRock agreed to invest a full $500 million in Canadian Solar’s Recurrent Energy unit.

It’s been just over three months since I recommended a two-pronged approach to adding bullish exposure to the nuclear energy industry — via shares of Centrus Energy Corp. (NYSE: LEU) and units of the Sprott Physical Uranium Trust (OTC: SRUUF).

I was on a call recently with an investor who specializes in early-stage private companies. Some call this “venture capital” investing, or “angel” investing, depending on just how young, unproven or speculative the company is.