No one gets in trouble owning too many tech stocks: Chart of the Week

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Savita Subramanian News

Economic Data Releases,Tech,Stocks

More and more funds bought tech stocks over the past 12 months, with GLP-1 maker Eli Lilly the only non-tech cracking the top 10 stocks that saw increased...

The last two years of “Magnificent” gains from the seven megacap stocks leading markets have convinced investors that tech is the sector to be in, lest they get left behind.

Tech is obviously having a moment, thanks to AI. And with tech having enjoyed a few of these in the last decade, nobody wants to miss another wave of PC, internet, phone, or Facebook. This data also speaks clearly when it comes to what investors don’t think they’ll get in trouble for owning.Leaps forward in innovation power productivity shifts, which power an increase in earnings, which are reflected in the stock market’s value.

These two top Canadian stocks look undervalued right now but might not remain cheap for very long. The post 2 Top Bargain Stocks Ready for a Bull Run appeared first on The Motley Fool Canada.TORONTO — TD Bank Group's second-quarter profit fell 22 per cent from last year as it booked costs related to a high-profile failure of its U.S. anti-money laundering program.

 

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