News Snapshot:
Widely followed investor Dan Niles on Tuesday revealed his top stock picks for 2024, including one of 2023's top performers. The founder and senior portfolio manager of the Satori Fund selected two names from the so-called Magnificent Seven mega-cap tech stocks as his favored shares for the new year — Amazon and Meta Platforms . Amazon tends to gain market share during a recession, and the e-commerce giant has potential to grow profit margin into 2024 based on the capacity it built during the pandemic, Niles said on CNBC's " Squawk Box ." Meta bull Meta, which was Niles' top...
