🎁Shift to Growth Stocks Amid Bullish Expectations?

Tiger_chat
07-16

After a brief pullback last week, the market continues its strong performance this week.

The US stock market shows divergent trends, with $DJIA(.DJI)$ rising1%, extending to new historical highs, while $NASDAQ(.IXIC)$ turns lower.

The sector rotation has been ongoing.

$iShares Russell 2000 ETF(IWM)$ has continued its rise from last week. Fundstrat’s Tom Lee sees small-cap benchmark Russell 2000 surging by 50% in 2024.

Recent Trump trades also boost the stock price of small businesses, creating better profit prospects. A recent report by Goldman Sachs pointed out the optimism of small businesses have reacted more positively to Republican victories compared to Democratic victories.

$Upstart Holdings, Inc.(UPST)$ and $Affirm Holdings, Inc.(AFRM)$ surged yesterday. $Carvana Co.(CVNA)$ has risen 168% this year.

Will you shift to growth stocks?

Join our discussion to win tiger coins~

AFRM Soars 30%! Will You Choose Growth Stocks?
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Comments

  • SR050321
    07-17
    SR050321
    I am thinking to buy ETF recently, been holding few individual stocks so long some still in red. $Pfizer(PFE)$ $ZIM Integrated Shipping Services Ltd.(ZIM)$ red 🥲
  • Michane
    07-17
    Michane
    growth stocks need to see which ones..
    when recession comes , those growth stocks will also tank.
    Maybe AI is the more stable one?
    or can consider the China market...? If decide to slow down investing pace, this is what I'll look for.
    Can't decide then I will just dump into tiger vault.. [LOL]
  • highhand
    07-17
    highhand
    buy your fav sectors but only when they are undervalued and on a down wave. if you don't know how to calculate, then use Tiger's Analysis tab, where they have values price targets calculated by analysts. though not very accurate and dynamic, at least you have a gauge of when the stock price is overvalued or undervalued.
  • Success88
    07-17
    Success88
    I am aiming also ETF especially $SPDR S&P 500 ETF Trust(SPY)$ waiting for my T-Bill come in and can invest
  • WanEH
    07-17
    WanEH
    美股太恐怖了，一直的飙升。完全没有停过
  • MasterStonker
    07-16
    MasterStonker
    Pay attention to small caps - Tom Lee Fundstrat
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