Diversify your Big Tech holdings into these other stocks with similar traits, recommends Barclays

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Investment Strategy Noticias

Stock Markets,Chipotle Mexican Grill Inc,Oracle Corp

While Big Tech valuations look reasonable to Barclays, the firm said they're 'not the only game in town' and suggested investors diversify their portfolios.

In an effort to navigate a market that remains highly concentrated under Big Tech's dominance, but also ripe for stock pickers, Barclays has dozens of stocks that share similar characteristics to the tech heavyweights. Equities slumped in April following five straight months of gains. The S & P 500 shed 4.2% for the month, its worst monthly performance since September.

4% this quarter, fueled by the company's big earnings beat , better-than-expected revenue and same-store sales growth from the first quarter as traffic to its restaurants increased during the period. Enthused by the quarterly print, which was released on April 24, UBS analyst Dennis Geiger boosted his price target by $100 to $3,500.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock Market Today: S&P 500 rallies on tech strength ahead of big tech earningsStock Market Today: S&P 500 rallies on tech strength ahead of big tech earnings
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Stock Market Today: U.S. Futures Slip Ahead of More Big Tech EarningsFacebook parent Meta saw shares slide in pre-market trading a day after it spooked investors with low sales and revenue forecasts.
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Stock Market Today: Stocks Open Higher in Big Week for Tech EarningsCompanies scheduled to report quarterly results this week include Tesla, Microsoft and Facebook parent Meta.
Fuente: Newsweek - 🏆 468. / 52 Leer más »

Stock market today: Global markets mixed after Wall St rebound led by Big TechEuropean shares have opened higher after most Asian markets retreated despite a tech-fueled rebound on Wall Street.
Fuente: ksatnews - 🏆 442. / 53 Leer más »