Big Tech, health-care and high-yield stocks are dip-buying targets

Carmen Reinicke and Magdalena Del VallePedestrians are reflected in a puddle while passing in front of the New York Stock Exchange in New York, U.S., on Friday, May 19, 2017. --

Of course, there’s risk involved with trying to trade in an erratic market — stocks could take another leg lower, leading to future discounts, or rocket higher quickly, taking away the opportunity. For long-term investors, trading around volatility probably doesn’t make sense, according to Quincy Krosby, chief global strategist at LPL Financial LLC.

“We remain bullish on the space as the main reasons we are positive – AI and memory strength – remain intact,” analysts led by Christopher Danely wrote in a note Thursday. Harden also sees an upside growth story in the sector around weight-loss drugs. An example is Eli Lilly & Co., whose shares had taken a sharp leg down in the selloff. The stock surged on Thursday after the company reported earnings that beat estimates and raised its 2024 revenue forecast on sales of its obesity medicine.

“If you were underweight, this is a good opportunity to start adding,” Rhys Williams, chief strategist at Wayve Capital Management LLC, said.Worries about the macroeconomic backdrop often make stocks sensitive to interest rates, likes utilities, REITs and dividend payers, more attractive to investors.

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Stock market today: Wall Street opens mixed as Big Tech steadies itselfNEW YORK (AP) — U.S. stocks are stanching the bleeding, a day after their worst losses since 2022 led to a wipeout for financial markets circling the world.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »

Stock market today: Wall Street climbs as Big Tech recovers following worst week in monthsNEW YORK (AP) — U.S. stocks closed broadly higher, clawing back some of the losses from their worst week since April. The S&P 500 rose 1.1% Monday, breaking a three-day losing streak.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »

Stock market today: Wall Street holds steadier a day after big drop in tech stocksNEW YORK (AP) — Wall Street is holding steadier following the worst day for big technology stocks since 2022. The S&P 500 was up 0.2% in early trading Thursday, and the Nasdaq composite was up 0.6%.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »

Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rallyNEW YORK (AP) — Wall Street’s record-breaking rally ran into a wall, as worries about potentially worsening trade tensions with China hit stocks of chip companies.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »