A majority of respondents — 61% — in the latest CNBC Delivering Alpha Stock Survey believe the broader market has run too far, too fast heading into the second quarter and a pullback is near.
The S & P 500 is up more than 9% in the first quarter, which would be its best start to a year since 2019.
When it comes to investing domestically 26% said the Nasdaq 100 was the best place to be compared to 13% from the S & P 500.
That stock is up 245% in a year and 120% in six months far outpacing every other stock in the S & P 500 except for Super Micro Computer .
The rest think we're more likely to be in the 5%-to-10% range for an annual return for the S & P in the next decade.
Persons:
Jerome Powell, mangers, they'd
Organizations:
CNBC, Alpha Stock Survey, Federal Reserve, Nasdaq, bitcoin, Investors, Nvidia, Micro
Locations:
Japan, United Kingdom, Europe, Canada, South Korea, United States, China