There will be two major drivers of market sentiment this week — the gathering of Federal Reserve officials in Jackson Hole, Wyo., and Nvidia’s set of results — although there could be some fireworks from the Labor Department’s preliminary benchmark revision to the jobs data on Wednesday.Jeremy Schwartz, global chief investment officer at WisdomTree, decided to take a look at Nvidia NVDA, -0.
The underperformance is even starker for the tech companies that hold the biggest price-to-sales ratios. And the median performance for stocks at these price-to-sales ratios is even worse. For more market updates plus actionable trade ideas for stocks, options and crypto, subscribe to MarketDiem by Investor’s Business Daily.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »