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| Name | Sectors to watch ahead of the 2024 election |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 01-07-2024 18:41:15 |
| Video Discription | Several catalysts for the 2024 presidential election are approaching: Trump's hush money trial sentencing and Trump's running mate selection will both occur in the next two weeks. TD Cowen deputy head of research Lisa Thomas joins Catalysts to offer insight into how investors should prepare their portfolios as Election Day nears. Thomas suggests that investors focus on themes that will endure the presidential election and provide long-term gains: "We're putting tremendous focus on AI infrastructure. What are all of those architectural enhancements and improvements that are needed to really fuel the AI use cases that everyone is looking to? So for example, we upgraded Credo Technology (CRDO), which is a mid-cap name in the space that is working on enhancing speed in the data center. They had previously had a lot of customer concentration between Microsoft (MSFT) and Amazon (AMZN), but that's broadened out a lot. And we think that investors are increasingly starting to embrace those kinds of infrastructural names," Thomas says. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance |
| Category | News & Politics |
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