News Formal

Some non-technology stocks with momentum that investors are buying into year-end

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Breaking News: Markets News

Investment Strategy,Breaking News: Investing,Markets

On CNBC's 'Worldwide Exchange,' Frank Holland reviewed the outlook for Nvidia with guests and some attractive alternatives outside of the tech industry.

Investors Tuesday morning were gearing up for Nvidia's big report on Wednesday, while looking at some areas outside of technology to increase exposure into a likely volatile year-end. Worldwide Exchange word of the day: Nimble Bill Baruch of Blue Line Futures is positioning for a short-term pullback in the markets, possibly a correction.

Baruch is also seeing big opportunities in the energy market, due to the expectations of Federal Reserve rate cuts and tension in the Middle East moving oil prices higher in the last week. He remains bullish on the market long term.Nvidia shares have jumped more than 26,000% over the last decade. Degas Wright of Decatur Capital Management said a lot of his confidence in Nvidia is derived from his confidence in Jensen Huang and his 30 years of experience as the founder and CEO.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Four other stocks to buy ahead of Nvidia earnings this weekOn CNBC's 'Worldwide Exchange,' Frank Holland reviewed the market action from Powell's Friday speech and discussed some key picks ahead of Nvidia's earnings.
Source: CNBC - 🏆 12. / 72 Read more »

CNBC's Inside India newsletter: The search for a stock market alternativeIndian bonds attract foreign investors as Wall Street forecasts lackluster future growth in stock prices.
Source: CNBC - 🏆 12. / 72 Read more »

CNBC's Inside India newsletter: The search for a stock market alternativeIndian bonds attract foreign investors as Wall Street forecasts lackluster future growth in stock prices.
Source: NBCNewYork - 🏆 270. / 63 Read more »