Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / the diverging market presents opportunity

AFMC - The Diverging Market Presents Opportunity

First Trust Active Factor Mid Cap ETF

2024-06-20 09:31:22 ET

Summary

  • Nvidia is part of the "Magnificent 7" tech stocks driving market returns, but overvaluation poses risks for future shareholder returns.
  • The market is heavily reliant on these tech stocks, with half of the S&P 500's returns coming from the Magnificent 7 alone.
  • A potential market collapse triggered by slowing capital flow could lead to a revaluation of overvalued tech stocks, impacting shareholder returns.

Nvidia (NASDAQ: NVDA ) perhaps the famous growth story of the past several years has once again become the largest company in the world. It's symbolic of a shift in the market to chase several popular stocks, known as the "Magnificent 7", or Meta, Amazon, Apple, Alphabet, Nvidia, Microsoft, and Tesla, primarily enormous California technology companies. ...

For further details see:

The Diverging Market Presents Opportunity
Stock Information
Company Name: First Trust Active Factor Mid Cap ETF
Stock Symbol: AFMC
Market: NASDAQ
Menu
AFMC AFMC Quote AFMC Short AFMC News AFMC Articles AFMC Message Board
Get AFMC Alerts

News, Short Squeeze, Breakout and More Instantly...