Three Affordable Shares Recommended by Renowned Investor Bill Miller as Undervalued
Unleashing Bill Miller's Picked Stocks for a New Era:
Bill Miller, the renowned investor who outperformed the S&P 500 Index for an impressive 15 years straight, has recently shed light on his insights regarding the current market landscape and promising opportunities. Here's a lowdown on three stocks he's eyeing:
Stock #1: Clear Secure (YOU)
Clear Secure, an identity company, is gaining traction, thanks to its CLEAR Plus consumer aviation subscription service, which offers expedited access to airport security lanes. YOU stock is surging due to the mandatory implementation of REAL ID.
Bill Miller views Clear Secure as a small-cap stock trading at compelling valuations, especially in the ID tech group or "identity verification tech" sector. He holds a 5.6% stake in the company, amounting to 5,175,310 shares, as per his latest filings.
Stock #2: Nebius Group (NBIS)
Formerly known as Yandex NV, Nebius Group is a global AI-focused company that resumed trading on Nasdaq post its split from Russia and rebrand in August 2024. The business is driven by its AI cloud platform, GPU clusters, and AI studio for fine-tuning AI models.
Jeff Bezos and Nvidia are among the investors in Nebius Group, making it an intriguing choice among lesser-known stocks trading at compelling and undervalued prices.
Stock #3: Grail (GRAL)
Grail, a healthcare and biotech company, specializes in using machine learning to identify early-stage cancers. The company's flagship product is the first-of-its-kind multi-cancer early detection (MCED) blood test.
Grail's Galleri test screens for up to 50 different types of cancer before symptoms appear and could tap into a massive cancer testing market. However, it posted $97 million in losses against $38.25 million in revenue in Q4.
Bill Miller sees GRAL as a stock trading at a compelling valuation, thanks to its potential to revolutionize cancer detection.
While these stocks offer enticing opportunities for growth, it's essential to conduct thorough research and consult with a financial advisor before making any investment decisions. Stay informed and get ahead of the game with the midday brief newsletter – the go-to source for thousands daily.
In the context of Bill Miller's selected stocks for the new era, Clear Secure (YOU) is a small-cap identity tech company that is attracting attention due to its CLEAR Plus service and the imminent REAL ID mandate, while Nebius Group (NBIS), formerly Yandex NV, is a global AI-focused firm backed by investors like Jeff Bezos and Nvidia, trading at an intriguing price. Lastly, Grail (GRAL), a healthcare and biotech company specializing in early cancer detection using machine learning, is seen by Miller as a compellingly valued stock with the potential to disrupt the cancer detection industry. As always, it's crucial to carry out exhaustive research and seek advice from a financial advisor before investing in these stocks.
