Previous close | 593.75 |
Open | 601.34 |
Bid | 348.85 |
Ask | 355.40 |
Strike | 1,490.00 |
Expiry date | 2025-02-21 |
Day's range | 593.75 - 606.23 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Advisors Capital Management partner and portfolio manager JoAnne Feeney joins Morning Brief to discuss the political outlook for small caps (^RUT) and some of her top tech plays as the market (^DJI,^GSPC, ^IXIC) gains broaden out beyond the "Magnificent Seven." Feeney does not expect small caps to be at risk of more fiscal policy changes this year. However, as the election remains tight between Vice President Kamala Harris and former President Donald Trump, she argues that both sides have "pretty unattractive policies." She explains, "It's unlikely that both sides of the aisle would support an increase in the corporate tax rate, no matter who gets elected. So I think that's a low-risk situation. Tariff policy is more concerning, particularly for small businesses, because a lot of the time they're sourcing their inputs from abroad and often from cheap suppliers abroad." She points to Broadcom (AVGO) as a "core holding" at Advisors Capital Management and a good opportunity for investors, arguing that it has "risen through the ranks through all the acquisitions that their leadership has made over the last several years. But it's still not as well known as, say, a Nvidia (NVDA) or some of the other bigger guys like Microsoft (MSFT) and Amazon (AMZN)." She also highlights its mix of assets, from software to hardware. "We think it's going to be good for the long term. Other companies like Nvidia may be a little bit more volatile, but also a lot of growth ahead of it. So we like that one as well," Feeney adds. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Returns for the pricer tech stocks such as Nvidia may prove underwhelming. So investors should look for names that now look too cheap for the growth they could post.
We recently compiled a list of the 13 Best Big Tech Stocks To Buy Now. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other big tech stocks. The State of Big Tech Right Now Big tech has long been an immensely popular area to invest in […]