Those who invested in tech titans Tesla, Tencent and Microsoft at their listings are no doubt laughing all the way to the bank (a brief stopover, before jumping aboard their 500-foot superyacht in the Maldives to celebrate their success with the world's finest caviar and a case of Cristal).
Why? Well, at IPO, Tesla's shares were just US$17, Tencent's shares were HK$3.70, while Microsoft's were just US$21, returning a whopping 4,265%, 18,468% and 1017% respectively since then. But are these companies midway to the stratosphere, or is this the end of the ride?
In this episode of Buy Hold Sell, Livewire Markets' Ally Selby spoke to Magellan's Vihari Ross and Montaka's Chris Demasi for their take on these three mega caps, as well as two stocks that they believe will rain returns for investors over the long term.
Do you have any questions for our fundies?
Next week, Aberdeen Standard's Michelle Lopez and Monash Investors Simon Shields will take you through the highs and lows of reporting season, as well as how they have positioned their portfolios since. If you have any questions for our fundies - whether it be on tips for assessing results or stock-specific analysis - let us know in the comments section below.