Halftime Report Is a Year-End Run Likely? 12/13/24
Dec 13, 2024
Josh Brown, Bryn Talkington, and Steve Weiss are Investment Committee members with deep insights into market trends. They discuss the potential for a year-end rally in stocks and highlight the surge of Broadcom, achieving a trillion-dollar market cap. The trio also dives into the performance and strategies surrounding mega-cap tech stocks like Apple, analyzing their growth and challenges. Additionally, they explore the decline of momentum stocks and the generational shift in investment preferences, providing listeners with strategic investment insights.
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Year-End Stock Run?
- Investors wonder if stocks have another run left in 2024.
- Seasonality and low tax-loss selling suggest a potential run, especially in tech.
Mega-Cap Tech Valuation
- Mega-cap tech companies' collective valuation surpasses $18 trillion.
- This valuation exceeds the GDP of all but two countries: U.S. and China.
Riding the Mega-Cap Freight Train
- Despite negative market breadth, consider staying invested in mega-cap tech.
- Their strong performance and CEO interactions with political leaders suggest continued growth.