Tom Lee, Fundstrat Global Advisors, joins ‘Closing Bell’ to discuss his market outlook and sectors for investors to be in….(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
FAANG (Facebook, Amazon, Apple, Netflix, Google) and other tech companies have been dominating the stock market in recent years, and according to one prominent Wall Street strategist, they are still the sectors to be in.
Tom Lee, the co-founder and head of research at Fundstrat Global Advisors, recently shared his bullish outlook on FAANG and tech stocks in an interview with CNBC. He believes that despite the recent volatility in the tech sector, these companies continue to offer attractive long-term investment opportunities.
Lee pointed out that while there have been concerns about regulatory scrutiny and potential antitrust actions against some of the big tech firms, the fundamental strength of these companies remains intact. He highlighted their impressive earnings growth, strong balance sheets, and their ability to innovate and adapt to changing market dynamics as reasons for continued confidence in the sector.
Furthermore, Lee emphasized the pivotal role that technology plays in driving economic growth and productivity. As the world increasingly relies on digital and online services, the demand for technology and related services is expected to continue to rise.
In the wake of the COVID-19 pandemic, the tech sector has seen a surge in demand for its products and services, as more people work, shop, and entertain themselves from home. This trend is expected to benefit FAANG and other tech companies, as they continue to capitalize on the shift towards digitalization.
While acknowledging that the recent market volatility and rotation from growth stocks to value stocks have caused some unease among investors, Lee remains optimistic about the long-term potential of the tech sector. He believes that as the economy continues to recover and as companies and consumers become increasingly dependent on technology, the earnings potential of tech companies will only improve.
Investors who are looking to position themselves for long-term growth and innovation may find the tech sector, particularly FAANG stocks, as an attractive investment opportunity. With their strong fundamentals, ongoing innovation, and the increasing reliance on technology, FAANG and other tech companies continue to be the sectors to watch for investors seeking growth and stability in their investment portfolios.
People say it's never too late to start investing, but after my recent horrendous divorce at 59, it can be difficult to not have anxiety about the economy and retirement. Is there any idea how an old timer like me could see 7-figures before 65? I've set asides $200k to fire up my goal.
Tom looks like an AI creation here…
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Now everyone's wearing the Robert Kiyosaki thick blue rim glasses.
I’m a dividend investor, My wife and I have invested in the S&P500, both through my TSP with the government, and through fidelity in her 401-k. Cashed out 270k from the S&P and invested with a Financial adviser, Monica Mary Strigle. Until around 3 years ago we were 100% in the s&p after over 30 years. I’m retiring at the end of this month at 62, while my wife will retire next year at 60. We currenly have 3.7 million in our tax deferred savings. I am putting this out there for anyone looking for how to help themselves in this time of crisis.
Although the companies in my portfolio are solid, this year was a loss. I experienced a 65% decline in overall $360k portfolio at the height. I earn my money via hard work, thus investing makes me anxious and depressed. I'm uncertain if I should sell everything and wait.
Hey guys, have you seen the market lately? My stock portfolio took quite a hit, my tech stocks and my A.I stocks took a big hit. I lost almost $60,000 in my stock portfolio. It was a tough ride.
THIS used to be one of my most watched YT channels… sadly, it's been a while since i visited it has been a very rough year… i am experiencing one of the toughest phases of my life… Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.
More quarters and outlooks from big tech names, powered by Nvidia (which has more chips than we thought!), as well as this trader FOMO, may lead to renewed buying strength in markets in September and October. I want to invest more than $300k, but I'm not sure on how to mitigate risk
Tom lee again..lol
I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?
Trump – Lee 2024!
So many other gurus all making money on YouTube videos, by selling inflation or recession but making no money in markets . And here's Tom Lee, simple and making money for everyone who listens to him.
"Average" inflation will NEVER be 2pct. It's pretty much always 2 pct or higher which means average inflation has to mathematically higher than 2 pct. Look at any 20 year period and ask yourself if inflation averaged 2 pct. I think NOT.
ask what is the upside versus downside on these
Blind leading blind
Buy gold
Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?
This guys eyes are all over the place wtf is he on
Geoffrey Holt a groundskeeper at a mobile home park. And Ronald Read a J. C. Penney janitor have proven that you don’t need to be an expert in stock market analysis or market timing to accumulate multi million dollar nest eggs. IMO These “experts” are just drumming up business
Thank you for the content, All you need is the right advice on how to invest in crypto and you're back on track, I've been making $ 180k weekly from my trading and I'm happy about it
>>>Thanks for keeping us informed. I feel for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Mrs Willow Thomas, Imagine I invested $20,500 and received $80,200 after some days.
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
I’ve had majority of my holdings in tech stocks and irrespective of market changes, I’ve done pretty well especially with apple’s P/E(price to earnings ratio) gaining over 30% this past decade, now my questions is what stocks do you think will be the next apple in terms of growth for the next decade.
I'm favoured financially, Thank you Jesus.$32,000 weekly profit regardless of how bad it gets on the economy.
He is hardly inspiring
Love Tom. Guy actually has half a brain.
The government has really made things more difficult for its citizens and we can't sit back and bear all the consequences of the bad governance. it's obvious we are headed for hyperinflation, it is always the poor who take the hit.
Sell the bounce and buy big dip! Invest 50% NVDA, TLSA, Crypto, TSM, other semis, GOOG, PLTR, SOFI, BA, GE, DIS for the long term. TRADE AROUND. Keep 50% cash earning 4% plus interest. You can beat Tom Lee or HOPEST, no matter what.
I’m dreaming of a Tom Lee Christmas!
Does tom lee buy comments? Never seen so many “love” comments for anyone else ever. Plus this dude is never right. He “called” the bull market is like the bears that say the sky is falling every year then claim they called it when it finally crashes.
He didn’t name the most important data coming out next month, which is the jobs number. If that number negative, forget about it, I’m going to cash. I’m not saying it’ll be negative but if it is I’m out of here.
Absolutely on point
This time is different sorry bears
When everyone loves Tom Lee and his videos get 1 mil views every time, THEN it may be time to begin taking profits….
I have made so much money from listening to Tommy Lee.
In Tom Lee we trust!!
thanks Tom, I am up 60% this year
This guy so WONG.