TSLA - Stock Market's 'Once-In-A-Generation' Opportunity Is Near Says Bernstein Analyst: 'You Are Going To See A Bear Market' | Benzinga
The stock market is showing signs of a forthcoming investment opportunity, according to a recent report by Richard Bernstein Advisors (RBA). The firm’s deputy CIO, Dan Suzuki, believes that the current market signals could lead to a significant shift in investment dynamics.
What Happened: Richard Bernstein Advisors (RBA) has been signaling a potential investment opportunity amidst concerning signs in the stock market, reported Business Insider. The firm has been predicting a “once-in-a-generation” opportunity for months, and it appears to be on the verge of realization.
According to RBA’s Deputy CIO Dan Suzuki, the market’s current situation, particularly the dominance of a few stocks, could lead to a broader market shift. The firm’s thesis, proposed at the end of last year, suggests that the extraordinary market leadership of a small group of stocks will expand to the wider market, resulting in stronger gains for the other 493 S&P 500 stocks.
However, Suzuki warned that the corporate earnings of major tech companies are expected to decelerate in the next quarter. Only three of the so-called “Magnificent Seven” — Apple Inc (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Tesla Inc (NASDAQ:TSLA), ...