Stocks and Investing
Stocks and Investing
Tue, January 28, 2025
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[ Last Tuesday
] - MSN
Mon, January 27, 2025
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] - MSN
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[ Last Monday
] - Investopedia
Billionaires Selling AI Stocks to Buy This ETF that Has 42% Upside According to Wall Street Guru
- Investing in the tech sector can be rewarding and risky at the same time. You could have a year like 2021 when tech stocks tumbled, followed by 2023 where they saw highs like never before. But the sector has shown resilience and bounced back from the lows.
The article from MSN discusses a trend among billionaires like Jeff Bezos, Mark Zuckerberg, and others who are selling off their stakes in AI and tech companies to invest in the SPDR S&P 500 ETF Trust (SPY). This shift in investment strategy is influenced by Wall Street analyst Tom Lee, who predicts a 42% upside for the S&P 500 in the coming year. Lee's optimism is based on several factors including a potential pause in Federal Reserve rate hikes, a decrease in inflation, and an expected earnings recovery. The article highlights that these investors are moving away from high-risk, high-reward tech stocks towards a more diversified and potentially safer investment in the broader market index, which could offer substantial returns if Lee's predictions hold true.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/billionaires-selling-ai-stocks-to-buy-this-etf-that-has-42-upside-according-to-wall-street-guru/ar-AA1xXest ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/billionaires-selling-ai-stocks-to-buy-this-etf-that-has-42-upside-according-to-wall-street-guru/ar-AA1xXest ]
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