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☆ 3 reasons why Truist's CIO says it's time to plow money into the tech sector again despite its worst one-month underperformance in 20 years
▼ + stars: | 2024-08-14 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The secular megatrend of AI remains strong as Big Tech companies continue to invest billions into developing the technology. Forward earnings estimates for the tech sector are rising to all-time highs, indicating continued optimism. Investor expectations have now become recalibrated after the correction, providing tech stocks with more room to grow, in Lerner's opinion. AdvertisementTruistA cooling macroeconomic environment will also provide a boost to tech stocks as investors flock back to Big Tech, according to Lerner. With the Fed likely to begin cutting rates in September, many of the Big Tech companies are poised to benefit.

Persons: —, Keith Lerner, Lerner, that's, shouldn't, Truist, outperformance, He's Organizations: Service, Business, Semiconductor, Big Tech, Tech, Vanguard Information Technology, VanEck Semiconductor

☆ These global tech stocks have beaten the S&P 500 this year — and analysts give them over 20% upside
▼ + stars: | 2024-05-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

U.S. stocks have been rather volatile in the past month, but in the past week they had a strong run on hopes of rate cuts. Tech stocks, which would be boosted by rate cuts, have been a big part of that rally — with Meta , Alphabet and Amazon in particular having a strong showing over the past couple of weeks. Elsewhere, analysts are getting more optimistic on China stocks, especially those in the tech sector. Kevin Liu, managing director and strategist at CICC Research, said his conviction call would be a structural barbell allocation with themes including tech names "with high-end upgrading opportunities," among others. Stock screen Against this backdrop, CNBC Pro screened FactSet for stocks from four exchange-traded funds (KraneShares CSI China Internet ETF, Vanguard Information Technology ETF, Invesco China Technology ETF and the iShares MSCI China Multisector Tech ETF) to find stocks that: have beaten the S & P 500's around 9% year-to-date performance.

Persons: Bernstein, Kevin Liu Organizations: Dow Jones, Tech, UBS, CICC Research, CNBC Pro, CSI China Internet, Vanguard Information Technology, China Technology ETF, China Multisector Tech Locations: China

☆ 5 financially independent individuals and couples share the book that changed their investment strategy
▼ + stars: | 2024-05-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

When you invest in an index fund, you're essentially buying a basket of stocks that represents a broad market or theme. "That book makes a really good case for index funds." They own the Vanguard 500 Index Fund Admiral Shares Fund (VFIAX), the Vanguard Information Technology Index Fund ETF (ETF, VGT), and the Fidelity MSCI Information Technology Index ETF (ETF, FTEC). Note that ETFs, like index funds, offer an easy way to diversify and bundle several securities into one investment. Since index funds are passively managed, they typically have lower costs than actively managed funds — and, historically, they outperform active funds.

Persons: Carl, Mindy Jensen, JL Collins, Mindy, it's, They're, Collins, Jamila, Ali, Josh Lupo, Josh, Jack Bogle, Warren Buffett Organizations: Business, Independence, Apple, Microsoft, IRA, FIRE, Fund, Vanguard Information Technology Index Fund ETF, Fidelity Locations: American

☆ A couple that grew their portfolio by $4 million in 11 years explain how they invest their money, including the individual stocks they own
▼ + stars: | 2024-04-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

They'd been smart with their money, Carl had maxed out his 401(k) every year, and they'd made money flipping homes. With a specific early retirement goal in mind, however, they revamped their investment strategy — and they started seeing results. He and Mindy, who works part-time as a podcast host for BiggerPockets, have grown their investment portfolio from $586,000 in 2013 to $4.6 million in 2024. "Almost all of our new money goes to index funds at this point in our life." Courtesy of Carl and Mindy JensenAs for general investing advice, "If they want to be completely passive, they should do index funds," said Carl.

Persons: Carl Jensen, —, weren't, They'd, Carl, maxed, they'd, Mindy, Carl Jensen They're, who's, I'm, Let's, we're, we've, Collins, Jensen, Mindy Jensen Organizations: Independence, Business, Google, Vanguard, Fund, Vanguard Information Technology Index Fund ETF, Fidelity, MLS Locations: Longmont , Colorado, It's, Colorado

☆ Investors can't get enough of tech stocks even as they dominate the S&P 500
▼ + stars: | 2024-02-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

As megacap tech stocks continue to fuel the rally on Wall Street, investors appear to be betting even more heavily that the big run for those market leaders will continue. Between the start of December and Feb. 2, tech sector funds brought in about $5.2 billion — more than double the next closest sector — according to Strategas. In fact, cumulative flows into all other sector funds combined have been net negative over the past three months. Not all tech sector funds will include every member of the Magnificent 7. The biggest health care sector funds on the market include the Health Care Select SPDR Fund (XLV) and the Vanguard Health Care ETF (VHT) .

Persons: Todd Sohn, " Sohn, Sohn's, Chris Verrone, Verrone Organizations: Nvidia, Vanguard Information Technology, Apple, Microsoft, Vanguard Health Care

☆ A 27-year-old investor who's building a retirement portfolio of $2 million in 8 years shares the 3 index funds he's betting on, including one with an over 500% return in the last 10 years
▼ + stars: | 2023-08-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

So far, he has accumulated $47,400 in a brokerage account and another $72,774 in a retirement account, according to records viewed by Insider. His top 3 favorite index fundsA majority of his retirement account sits in index funds. One of his top holdings is the Vanguard 500 Index Fund ETF (VOO), which tracks the S&P 500. The second index he holds that is tied in ranking is the Vanguard Information Technology Index Fund ETF (VGT). Finally, his third-largest holding is the Vanguard Growth Index Fund ETF (VUG).

Persons: Austin Hankwitz, TikTok, Hankwitz, Roth, I've Organizations: Vanguard, Companies, Vanguard Information Technology Index Fund, Apple, Microsoft, Nvidia, Broadcom, Index Locations: Nashville , Tennessee, VGT

☆ This massive tech ETF just hit a new record high, but investors are still on the sidelines
▼ + stars: | 2023-07-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The excitement around artificial intelligence and the surprisingly strong U.S. economy has pushed one major tech ETF to a new all-time high, even as many investors remain skeptical of this year's rally. The Technology Select Sector SPDR Fund (XLK) closed at $178.24 per share on Monday, setting a new record high. So that strength is being reflected with the sector at a new high," Strategas ETF strategist Todd Sohn said in an email. The Vanguard Information Technology ETF (VGT) , which has nearly $54 billion in assets under management, has also seen outflows this year. The iShares U.S. Technology ETF (IYW) has brought in cash but still trails in overall assets with less than $14 billion.

Persons: Todd Sohn Organizations: Federal Reserve, Big Tech, Tech, Nasdaq, Vanguard Information Technology, Technology Locations: U.S

☆ Some investors are shunning Wall Street’s tech frenzy
▼ + stars: | 2023-07-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —While many on Wall Street have chased the monster rally in mega-cap tech stocks this year, exchange-traded fund (ETF) investors seem to be bucking the “all-in on tech stocks” trend and opting for a more diversified strategy. The Nasdaq Composite index has climbed about 31% for the year, powered by a handful of tech stocks that have soared on hype surrounding artificial intelligence. The Vanguard Information Technology Index Fund saw $955 million of net outflows in the first half of 2023 compared to $291 million net inflows in the first half of last year. Investors had piled into tech-focused ETFs last year when the sector had fallen out of favor, betting that tech stocks would recover, buoyed by an economy that remains resilient despite the Federal Reserve’s punishing pace of interest rate hikes. Now, investors are exiting these ETFs and reallocating their cash to quality stocks with strong balance sheets that can withstand a potential economic downturn, says Todd Rosenbluth, head of research at VettaFi.

Persons: Todd Rosenbluth, ”, Shelby McFaddin, Larry Fink, Bitcoin, ” Fink, Antoni Trenchev, Charles Schwab, Clare Duffy, paring, Elon Musk, it’s, Read Organizations: CNN Business, Bell, CNN, Vanguard Information Technology, Investors, “, Wealth, BlackRock, Fox Business, Federal Reserve, Fidelity Digital Assets, Citadel Securities, Facebook, Twitter, Meta

☆ Investors shifted into these gold and small-cap ETFs this week
▼ + stars: | 2023-05-26 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The iShares Russell 2000 ETF (IWM) raked in more than $1 billion of inflows over the past week through Thursday's close, according to FactSet. The SPDR Gold Shares ETF (GLD) was another successful fund, pulling in about $270 million. Those flows are a notable contrast to the market's performance this week, where large tech stocks outperformed. Both gold and the Russell 2000 have fallen slightly in May, so the inflows could reflect investors buying a dip. ETF fund flows are not always a perfect gauge for what investors are betting on.

☆ Dan Sundheim's D1 Capital reveals new bets on tech stocks, dumps Disney in third quarter
▼ + stars: | 2022-11-14 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

D1 Capital doubled down on its tech bets in the third quarter, adding some big names to its portfolio. The quarterly hedge fund filing shows only the positions at the end of September, not any details about the trades. D1 also added a handful of smaller new positions, worth less than $100 million a piece. Sundheim is a hedge fund veteran who previously worked as the chief investment officer at Viking Global Investors. D1, which he started in 2018, managed about $40 billion at the end of the first quarter of 2022.

☆ 3 ETFs to buy if earnings confirm the bottom is in for tech stocks
▼ + stars: | 2022-10-25 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

The tech earnings season will hit its stride after the bell on Tuesday, with Alphabet and Microsoft reporting. There have been five straight weeks of inflows for tech funds, and eight for communications services funds, according to Bank of America. Most ETFs are market-cap weighted, meaning that the large tech names that are already present in most investors' portfolios have a big impact on the funds. One way to mitigate this is an equal-weighted ETF, like Invesco's S & P 500 Equal Weight Technology ETF (RYT). Some stocks typically thought of as "tech" names, such as Meta Platforms, are classified by some firms as communications services or consumer discretionary and are not always included in information technology ETFs.

☆ Goldman Sachs shares the 2 stock market sectors that have historically outperformed the most in the 2 months following midterm elections — and the best area of the market to put your money if Republic
▼ + stars: | 2022-10-18 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

Midterm elections in the US are just three weeks away. Usually, midterm elections that are just three weeks out are relatively high up on investors' list of concerns as uncertainty swirls around future regulation and fiscal policy. In the 12 months following midterm elections, the S&P 500 has historically risen 17%. "Since 1932, the 12 months following midterm elections have historically been the strongest year for equities in the four-year presidential cycle," a team of strategists led by Ben Snider said in the note. Goldman SachsRegardless of the outcome, however, two market sectors have outperformed most in the two months following midterms: information technology and healthcare.

Tech stocks generally carry more risk than other stocks, but they also promise significantly more growth. Throughout much of the 21st century's historic bull market, tech stocks have been at the forefront of the rise, with the biggest tech stocks all outperforming the S&P 500 over the past five and 10 years. There's a fundamental reason why tech stocks tend to attract more investor demand than other kinds of equities. This has added to optimism that tech stocks, in particular stocks which have already seen big gains, will still be a safer longer-term bet," Streeter says. If an investor wants the highest possible appreciation, they would do well to devote a segment of their holdings to tech stocks.

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