Mon, Jul 1, 2024 2:59 PM
3 Top Dividend Stocks I Plan to Buy Hand Over Fist This July
A Flip by Riya Sharma
Today, shares of Paramount Communications Ltd were locked in a 5 per cent upper circuit to Rs 79.29 per share from its previous closing of Rs 71.71. The stock’s 52-week high is Rs 116.70 and its 52-week low is Rs 34.15. The company's shares exhibit an ROE of 20% and an ROCE of 15%. Over a decade, the stock has soared from Rs 3.44 per share to an intraday high of Rs 79.29 per share.
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Taiwan Semiconductor Manufacturing (TSM) and Microsoft (MSFT) are two outstanding growth stocks that can be bought with less than $1,000. TSM, the leading chip manufacturer, produced $27 billion in net profit on $69 bn of revenue last year and is targeting 15-20% annual revenue growth through 2026. Microsoft, a major player in cloud services, has grown revenue and earnings at double-digit rates.
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Sentient, an open-source AI development platform, has raised $85 million in a seed round co-led by Founders Fund, Pantera Capital, and Framework Ventures. The funding will accelerate the development of Sentient's open AI platform, slated for Q3 this year, and support hiring top talent in AI research and blockchain engineering. Strategic investors include Ethereal, Robot Ventures, and others.
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