Mark Cuban shares his top stock picks, which he believes to be alpha long-term investments.
Several years ago, we remembered Mark Cuban tipping Nvidia as a potential global leader in Artificial Intelligence technology and that the stock would likely make a handful of early stockholders millionaires, and he was not wrong.
Nvidia’s stock price return over the last decade is an eye-popping 30,059.4%.
Moreover, since Mark Cuban recommended investors buy it, the stock soared more than 700% in less than two years.
“we remembered Mark Cuban tipping Nvidia as a potential global leader in Artificial Intelligence technology and that the stock would likely make a handful of early stockholders millionaires, and he was not wrong”
WEALTH TRAINING COMPANY
Before revealing Mark Cuban’s top three holdings, let us better understand the billionaire’s path to wealth
Mark Cuban is a businessman, investor, author, and television personality with a net worth of 5.7 billion USD in 2024.
Like many of the world’s top investors, Mark Cuban came from humble origins.
Mark Cuban is a self-made billionaire.
His father, Norton Cuban, was an automobile upholsterer.
He grew up in the suburb of Mount Lebanon, in a working-class family.
His paternal grandfather changed the family name from “Chabenisky” to “Cuban” after his family emigrated from Russia through Ellis Island.
His maternal grandparents came from Romania.
Mark Cuban is known for his time as a Shark Tank personality and many of his entrepreneurial ventures, which led to his ownership of the Dallas Mavericks of the NBA.
Mark Cuban recently sold off his majority stake in the Mavericks for a significant profit last year, and he is now heavily involved in several notable businesses.
“Mark Cuban is known for his time as a Shark Tank personality and many of his entrepreneurial ventures, which led to his ownership of the Dallas Mavericks of the NBA”
WEALTH TRAINING COMPANY
Mark Cuban gained fame by selling Broadcast.com to Yahoo for $5.7 billion in the year, 1999.
In 2000, he bought the Dallas Mavericks for $285 million and recently sold his majority stake to a Las Vegas casino family for $3.5 billion, pocketing over $3 billion.
Mark Cuban also retains a minor stake and control over basketball operations, aiming to boost the team’s revenue.
Part of his focus and energy is now dedicated to creating value in the prescription drugs market with his Cost Plus Drugs business and growing his portfolio of stocks, which he discussed in previous interviews.
Mark Cuban shares his top stock picks candidly, which could give long-term investors seeking exposure to high-growth tech companies a heads-up in the current marketplace.
“Amazon continues to provide shareholders with good reasons to hold the stock” – Wealth Training Company
Mark Cuban shares his top stock picks
Amazon Inc. (NASDAQ: AMZN), well-known as an e-commerce leader, being on the list.
There has to be a good reason why Amazon is a core portfolio holding for millions of investors. The mega-cap tech giant has long been a holding of Mark Cuban. Up until recently, Amazon was Mark Cuban’s largest holding with nearly $1 billion in shares. If he’s held that position to today, it’s worth significantly more.
Mark Cuban’s stock portfolio is not publicly disclosed, so it is difficult to know how much he’s kept and how much he still owns.
But it’s clear that the cash flow from his various businesses provides him with enough liquidity so he is not forced to tap into his portfolio much, so we believe Amazon could still be his top holding.
Amazon continues to provide shareholders with good reasons to hold the stock.
For example, the company’s AWS cloud division provided 19% revenue growth last quarter, marking its third consecutive acceleration.
The cloud division also saw its operating margins rise to 35.5% from 24.2% a year ago. Amazon is not the fastest-growing cloud provider, AWS’s scale makes its $100 billion revenue run impressive.
Amazon continues to focus on countering Microsoft’s AI lead by backing Anthropic, creator of the Claude LLMs and offers broad AI solutions through Bedrock. Known for scaling efficiently, Amazon leverages its homegrown Graviton chips to reduce costs versus traditional x86 solutions.
CEO Andy Jassy’s strategy to boost Amazon’s e-commerce profitability has worked, with North American and International margins improving each quarter since Q4 2022. A regional delivery system lowered costs, and paid units have grown faster than shipping expenses since Q3 2022. Amazon’s e-commerce operations, doubted by some investors, are now profitable with rising margins.
“Nvidia continues providing consecutive record quarter after quarter”
– Wealth Training Company
Mark Cuban shares his top stock picks, and of course, stock market darling Nvidia features on the list
Nvidia continues developing leading and groundbreaking graphics and computing chips for the market, powering the AI revolution.
Mark Cuban, a tech visionary, saw the impact that streaming online would have on videos in the early 90s, so it is no surprise that Mark Cuban, an advocate of artificial intelligence technology, discovered early the potential future rewards of owning Nvidia stocks.
Nvidia continues providing consecutive record quarter after quarter.
The company’s most recent Q2 results showed revenue growth of 122% to $30 billion and profits rising 168%. Moreover, at its October AI Summit, CEO Jensen Huang unveiled additional use cases, like autonomous robots, and introduced Blackwell-based chips. These next-gen chips, which slash LLM training costs by 25x have already sold out for the next year due to overwhelming demand.
Nvidia emerged as a top-performing AI stock, not for selling AI software, but for supplying essential GPUs that power the AI industry.
Alphabet (GOOG); Mark Cuban shares his top stock picks
Alphabet is another leader in AI technology, Alphabet is an online advertising behemoth, and it has dominated the world of search for decades. Alphabet’s dominant position in this core market could make it a stock worth owning at current price levels.
Similar, to Amazon, Google Cloud continues to provide significant growth for the advertising giant. Google has won a 27.4% share of the digital ad market in 2024. The company holds a dominant market share in the global cloud market, which provides earnings in some of the most stable (and faster-growing) cash flows in the technology sector.
Alphabet is a revenue and profit machine, with the company’s most recent quarterly year-over-year earnings growth of more than 30% highlighting just how profitable Alphabet is.
With a current multiple of just 19 times forward earnings Alphabet stock could be a good long-term hold.
