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Economy

bucolic_frolic

(50,576 posts)

1. Tech continues to roll

Reply to Tansy_Gold (Original post)

Sun Jan 21, 2024, 02:56 PM

Jan 2024

https://wealthtrack.com/leading-strategist-jason-trennert-identifies-major-investable-themes-for-2024/

The Magnificent Seven:

Apple (AAPL)
Alphabet (GOOGL)
Microsoft (MSFT)
Amazon.com (AMZN)
Meta Platforms (META)
Tesla (TSLA)
Nvidia (NVDA)

Contributed about 75% of S&P 500’s 2023 gains
Now comprise about 30% of S&P’s market value, yet only 20% of the index’s forecasted earnings.
Consider trimming & reallocating funds to multi-year laggards:

Value stocks
Smaller company stocks
International shares

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STOCK MARKET WATCH: Monday, 22 January 2024 [View all] Tansy_Gold Jan 2024 OP

Tech continues to roll bucolic_frolic Jan 2024 #1