Ditch surging Big Tech stocks, pivot to value: The Wealth Alliance CEO

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Ditch surging Big Tech stocks and pivot to value instead, The Wealth Alliance CEO says

"Chasing anything rising at those type of growth rates is a problem," Conzo added."So where do you put money to work? You put money to work where it's not doing all that well – like value."

Several strategists have expressed a similar viewpoint to Conzo on Tesla's stock, which has been surging non-stop for months, withIt's"time to again, rebalance," Conzo said."Take some profits off the table on growth – get it to value." Value investors seek out stocks that they believe are underpriced, whereas growth investors look to snap up shares from companies in rapidly-expanding sectors like tech.

The first of those trading strategies beat the market in 2022, with tech and other growth stocks plummeting as the Federal Reserve ramped up its interest-rate hiking campaign. But growth names have roared back this year, a combination of the expectation that the Fed will soon slash interest rates and a massive surge of interest in ChatGPT and artificial intelligence tech.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Amazon is the latest big tech company to invest in Central OhioThe 'Silicon heartland' beats stronger as another nearly $8-billion dollars is coming to Central Ohio.Ohio Gov. Mike DeWine on Monday announced that Amazon Web
출처: wsyx6 - 🏆 444. / 53 더 많은 것을 읽으십시오 »

Big Tech market platforms now required to prevent thieves from reselling goodsOnline retailers and Big Tech giants, including Amazon, are now required to implement rules to stop thieves from reselling old merchandise on their platforms at the risk of steep fines.
출처: dcexaminer - 🏆 6. / 94 더 많은 것을 읽으십시오 »