US Stocks Can Get Rich Case 3 - Taiwan Case
AI chipmaker Faida's Q2 report is coming to the end of August 28, Eastern Time, and the share price movement is under scrutiny, but for early investors, it has already gained momentum. A dentist invested in Fiida the following year (2000) and did not sell it for 24 years. He spent $0.065 million (about NT$2.08 million) that year, buying 250 shares of Fiida, through dividend reinvestment and stock splits, and now holds approximately 0.12 million4000 shares, worth over $16 million (approx. NT$0.512 billion).
The Wall Street Journal reports that Fiat is the most popular stock on the market and has more than doubled in price so far this year to become the best performing stock in the S&P 500 index in 2024. Shareholders are currently waiting for Fiat's Q2 report to be released on Wednesday, which could be a driver of Fiat's next wave of gains and could be a factor in falling stock prices.
The Wall Street Journal reports that Fiat is the most popular stock on the market and has more than doubled in price so far this year to become the best performing stock in the S&P 500 index in 2024. Shareholders are currently waiting for Fiat's Q2 report to be released on Wednesday, which could be a driver of Fiat's next wave of gains and could be a factor in falling stock prices.
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