Amazon identified as top quality stock amid 20% market rise, despite potential election volatility.
Amazon.com is identified as a top quality stock amid a 20% year-to-date market rise, despite potential volatility from the upcoming election. Analysts recommend leveraging market pullbacks and focusing on cyclical sectors like utilities and tech. ProShares' Simeon Hyman highlights the importance of fixed-income investments, which could yield 10-15% amid geopolitical tensions. Quality stocks with strong growth histories, such as Target and Lululemon, are seen as stable options for risk-averse investors.
October 06, 2024
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