From the desks of Stanley Katz & Lauren Madera
STAY SAFE & HAVE FUN!
Talk about Fed interest rate cuts quieted this past week yet all three major US stock market indices rose (i.e., DJIA: +0.93%, S&P 500: +1.18%, Nasdaq: +0.57%). Both the S&P 500 and DJIA hit all-time highs as AI chipmaker Nvidia announced blowout earnings. Its market value now exceeds that of Amazon and Alphabet (aka Google), only trailing that of Apple and Microsoft. Is there a life beyond the “Magnificent 7” tech stocks? J.P. Morgan Asset Management seems to think so. Click the link below for their perspective on the topic.
Over the past few years, the Russell 2000 small cap index has lagged the large caps (i.e., DJIA, S&P 500, Nasdaq). For those who consider themselves contrarians in stock selection terms, the small caps may be someplace to look. Capital Group’s “Small-cap stocks: 7 opportunities to watch in 2024” offers some insight to this sector of the markets.
Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.
J.P. Morgan Asset Management:
Capital Group:
Argus:
Janus Henderson Investors:
Zacks Independent Research:
Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
937-293-5500
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