Tech stocks are faltering and it looks like a market leadership shift could finally be upon us.If this shift materializes with a big rate cut ahead, we take a look at 10 stocks that could benefit.
As September unfolds, it's crucial to note that this month often ranks as one of the most challenging for equities historically.Why does this matter? Technology stocks make up over 30% of the S&P 500, and for the first time in over two decades, this ratio has hit the March 2000 highs, just before the tech crash.
Broadcom is nearing previous highs, and while uncertainty remains short-term, its Health Score—an indicator of financial health—reflects a strong performance, earning a 4 out of 5. Moreover, Broadcom has delivered a remarkable 511.1% return over the past five years, outperforming its peers.In summary, September's historically tough market environment highlights the renewed interest in technology stocks reaching past highs.
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Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »