Semiconductor industry investors aren’t complaining about portfolio performance – not when chip stocks continue to generate solid returns for investors in the first quarter of 2024. The benchmark iShares Semiconductor ETF (ticker: SOXX) is up 21.9% year to date as of March 22, compared with 19.5% for the S&P Global Semiconductors Index. Over the past … Read more
Good morning. China sets its growth target, JPMorgan’s top market strategist warns about a US stock market bubble, and AMD runs into a roadblock in selling AI chips to China. Here’s what people are talking about. China set its annual growth target at around 5%, raising expectations for the nation’s top leaders to unleash more … Read more
Technology stocks led the stock market to new all-time highs in the past year. In fact, the Technology Select Sector SPDR ETF (ticker: XLK) has more than doubled the S&P 500’s total return in the past 12 months. For more than a decade, brief periods of tech sector underperformance have consistently been long-term buying opportunities, … Read more
Economists around the world are expecting U.S. economic growth to slow in coming quarters, and some are still calling for a mild U.S. recession. It may become difficult for investors to find reliable growth stocks to buy if interest rates remain at 22-year highs for an extended period. Nevertheless, growth stocks have outperformed value stocks … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Apple and Amazon’s earnings were a tale of two tech companies. Apple is stuck in a sales slump and investors are starting to get nervous. The company’s sales have now fallen for three consecutive quarters, and it expects another decline in the current quarter. Amazon, on the other hand, impressed with strong profits and better-than-expected … Read more