News Formal

Stocks to buy, best trades after FAANG and tech beneficiaries: Tom Lee

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Sverige Nyheter Nyheter

Renowned strategist Tom Lee says buying these 17 stocks is the next best trade to make now besides high-flying tech stocks

Industrials are the next most attractive buys now after big tech and similar stocks, Tom Lee says.He sees the broader S&P 500 gaining 20% this year.

The characteristically bullish strategist, who worked at JPMorgan before starting his own firm, sees the S&P 500 finishing 2023 at 4,750. That would represent a 20% gain for the full year. Since the benchmark index is up 11.3% year-to-date, it still has remaining upside, per Lee's forecast. The industrials sector ranks fourth, and Lee has named several specific industrials stocks that are ripe for the picking.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Best stocks to buy now for cheap prices, strong cash flow: MorningstarInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Meta and Broadcom are among the most overbought stocks on Wall StreetWatch these overbought and oversold names on Wall Street for signs of overcrowding and potential bargains.
Källa: CNBC - 🏆 12. / 72 Läs mer »

AI and tech stocks FOMO is driving average investors off the sidelinesStock market FOMO is back among average investors as AI and tech drive biggest stock market inflows in 3 months
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »