As Wall Street braces for a rotation out of tech equities as small caps rise, CFRA Research Chief funding Strategist Sam Stovall joins Wealth! to discuss how investors can best position their portfolios.
“I think investors right now, first off, should make sure that they are not going to allow their emotions to become their collection of investments’s worst enemy,” Stovall explains. He calls the rotation out of Big Tech “quite natural and necessary,” as other equities that were under pressure during the tech rally finally see some development.
He adds that the participation expansion is “actually positive for equities, because now more and more of the constituents within the broader industry are participating in the advance.” If investors want to take a look at their investments, Stovall advises, “simply hit the rebalance button on your 401(k), take a look at all of the equities and ETFs that you have to see what exposure you do have to technology. In the S&P 500 (^GSPC), it’s a little more than 33%. On an equal-weighted basis, it’s about half that. So just make sure you don’t have way more exposure to tech equities than you have in the broader industry.”
#youtube #stockmarket #investing
About Yahoo money management:
Yahoo money management provides free stock ticker data, up-to-date news, collection of investments management resources, comprehensive industry data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at money management.yahoo.com
– Download the Yahoo money management app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo money management on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/enterprise/yahoo-money management
Disclaimer:
If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reasons.