Mark Cuban's 2 Biggest Holdings: Amazon And Netflix

Loading...
Loading...
Mark Cuban
, the famed billionaire investor, "Shark Tank" personality and owner of the NBA's Dallas Mavericks was a guest on
CNBC's "Halftime Report"
on Friday to talk about a wide variety of topics, including his take on why the stock market is trading near all-time highs and his biggest stock holdings.

Uncertainty Isn't The Devil

Cuban, like the vast majority of investors, believe that uncertainty is a recipe for disaster for the market. However, Cuban suggested that the market doesn't care about anything political — even if Vice President Mike Pence becomes promoted to president.

Cuban further argued that investors are now fully understanding that major companies will be able to transform their businesses to the point where it can achieve greater productivity with fewer people — naturally this leads to higher corporate profits.

Related Link: Mark Cuban: Amazon Is The Best Startup In The World

Top Picks

Cuban stated that Amazon.com, Inc. AMZN is not only one of his two biggest holdings but that the company is "the greatest startup and the greatest company in the world."

Cuban continued that Amazon's continued innovation is not only disrupting the traditional retail landscape but it will soon be in a position to "disrupt everything" across many categories, including competing against Uber.

Cuban also briefly noted that his second top holding is Netflix, Inc. NFLX.

Image Credit: By James Duncan Davidson/O'Reilly Media, Inc. - http://www.flickr.com/photos/x180/50264782/in/set-1076331/, CC BY 2.0, via Wikimedia Commons
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Analyst ColorCNBCMediaTrading IdeasGeneralCNBCHalftime ReportMark CubanNetflixUber
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...