The 1 Tech Stock I Think Has More Upside Than Anything Else in the S&P 500 Right Now
Key takeaways
- These trends have driven the S&P 500 index up 7% year to date, despite fits and starts amid the U.S. conflict in Iran and the closure of the Strait of Hormuz.
- Index fund investors have gotten quite rich in this environment.
- Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
These trends have driven the S&P 500 index up 7% year to date, despite fits and starts amid the U.S. conflict in Iran and the closure of the Strait of Hormuz. Some stocks, including Micron Technology, are up by more than 100% so far this year.
Index fund investors have gotten quite rich in this environment. But the index has also been driven to a high price-to-earnings ratio (P/E), with many stocks trading at expensive levels. For contrarian investors, now is the time to look away from the heavy hitters of the S&P 500 to cheaper stocks around the world.
Will AI create the world s first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue »