2024-07-21 08:00:00 ET
Summary
- Nasdaq had a strong start to the year, driven by big tech stocks, but recent declines have raised concerns about the index's performance.
- REITs have struggled in recent years but are showing signs of a potential comeback, with some stocks posting strong gains.
- Possibility of September rate cuts could benefit publicly traded landlords, including REITs, leading to potential share price appreciation.
The Nasdaq has had a banner year, rising repeatedly in the first quarter. April turned more problematic, but the index more than managed to make up for it in the following two months.
Now, as we all know, most of that upward activity was due to just seven stocks – and sometimes just three or four – as big tech reveled in artificial intelligence mania. All the same, those “magnificent” companies made the larger index look good....
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For further details see:
Is The Tide Turning For REITs?