Unsure about the market rally? Strategist picks 3 stocks to stay ‘defensively offensive’

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Strategist Rahul Ghosh picks three stocks, including one he described as a 'clear winner' in the artificial intelligence 'arms race.'

Stock markets appear to have turned the tide after a dismal 2022. But with the path of interest rate hikes still uncertain, and a potential recession still a possibility, market watchers are having a tough time deciding if this is another bear market rally or the start of a new bull market. "There are basically two stories in the market today," Rahul Ghosh, portfolio specialist, equity division at T. Rowe Price, told CNBC's "Street Signs Asia" on Thursday.

" Stock Ideas One of Ghosh's top stock picks is chip maker Nvidia , which he described as a "clear winner" in the artificial intelligence "arms race." He said that while Nvidia's stock price has moved up significantly over the past month, he remains bullish on revenue drivers such as the data center platform and cloud computing solutions. "Cloud might be slowing but it's not dead.

 

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When interest rates go up, you get a shock from being struck by lightning.

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Do you think the stock market is going to crash or do you think it's going to stay moderate

Other than stock you also have Bitcoin as an option which he the best asset so far in 2023. Just saying. Keep in mind it’s a commodity, not a security, so you are safe.

Your up

What market rally?

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