Suze Orman, the renowned personal finance expert, has recently shared her top stock picks, her take on cryptocurrencies, and her biggest investing mistake in a recent interview.
Orman Backs Tech Giants, Eyes S&P 500 Above 7,000
Orman in an interview with MarketWatch, shared her stock picks and investment strategies. She continues to favor large-cap technology companies such as Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), and Broadcom (NASDAQ:AVGO). She also expressed her trust in “controversial” stock Palantir Technologies (NASDAQ:PLTR), which she first recommended when it was around $7.
Orman also recommended Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD), IonQ (NYSE:IONQ), Coinbase Global (NASDAQ:COIN), and GE Vernova (NYSE:GEV) as her top stock picks.
About her outlook for the U.S. stock market at the end of 2025, Orman said, “The market is strong. I would not be surprised to see the S&P 500 cross over 7,000 by the end of the year.”
When asked about her biggest investment mistake, Orman revealed, “…thinking I was smart just because I doubled, tripled or even quadrupled my money, and then selling (stocks) too soon.” She said that if he had held on from the start and kept dollar-cost averaging, the gains would have been extraordinary.
“That doesn’t mean you never sell,” she added.
Bitcoin Could Hit $170K — Orman Urges Caution
On cryptocurrencies, Orman advised caution and recommended bitcoin ETFs from established firms like BlackRock Inc. (NYSE:BLK). She also anticipated a potential rise in bitcoin value, possibly reaching $140,000 or $170,000 one day.
Orman’s advice on Bitcoin is particularly relevant given the increasing mainstream acceptance of the cryptocurrency. Her recommendation to limit Bitcoin to a maximum of 5% of a portfolio aligns with the cautious approach many investors are taking towards this volatile asset.
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Analysts View Palantir's Dip As Opportunity
Suze Orman’s endorsement of Palantir comes at a time when the stock has seen a decline of nearly 10% over the past five days. Despite the dip, analysts like Dan Ives from Wedbush Securities call these pullbacks “healthy” and see it as a buying opportunity.
Her preference for high-dividend yielding tech stocks aligns with the current market trend where investors are turning to such stocks during turbulent times.
On the other hand, billionaire investor Bill Ackman has made a hefty investment in Amazon.com Inc., pouring in more than $1.27 billion within a span of three months. This indicates that despite the market’s volatility, there are still opportunities for growth in the tech sector.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
