Dow Jones Futures: What to do when the market is hot? Six stocks in the top seven buy zones
from bard
December 16, 2023
On December 16, 2023, Dow Jones futures rose 0.5% as the market continued to trade higher. The S&P 500 and Nasdaq also posted modest gains.
The market has been trending upward in recent months, with the Dow Jones Industrial Average up more than 15% year to date. This has sparked concerns among some about a possible bubble, but so far there are no signs of slowing down.
If you are considering investing in the stock market, it is important to understand the risks involved. Hot markets can be a great time to make money, but it's also important to be prepared for downside.
Here are some tips for investing in popular markets:
Please investigate. Before investing in a stock, make sure you understand
the company and its prospects.
Don't be afraid of diversity. Don't put all your eggs in one basket.
Spread your money across different stocks to reduce risk.
Don't be afraid to take profits. Don't be afraid to sell your stocks when
you make money. If the market continues to rise, you can always buy them
back.
The following six stocks are in buy territory as of December 16,
2023:
- Apple (AAPL)
- Microsoft (MSFT)
- Amazon (AMZN)
- Alphabet (GOOGL)
- Tesla (TSLA)
- Meta Platform (META)
These stocks are leaders in their respective industries and all have
strong fundamentals. Furthermore, they are all relatively undervalued
compared to historical averages.
Of course, there's no guarantee these stocks will continue to rise.
However, they are both good options for investors looking to tap into
popular markets.
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