Alpha of the Week ft. Johnny Li
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Alpha of the Week
Hey guys Johnny Li here.
The stock market is at all time highs (S&P 500), but growth stocks (QQQ) are still about 3 percent off their highs, which could be a good buying opportunity.
Typically growth leads, but right now it's banking, healthcare and the safer defensive names, while growth lagged through July. That either means the market is taking less risk, or it means growth like AI, photonics and robotics is undervalued.
And I'm betting on growth stocks, so here are 3 I'm bullish on. 👇