Nvidia, Tesla up 18% in February! What are the TOP 20 stocks pulling up the S&P 500?
The S&P 500 experienced an overall pullback in February, with a monthly decline of 2.61%. However, there are surprises in the performance of some S&P 500 companies, with the most bullish stocks gaining 27.4% during the month!
Star companies like $NVIDIA (NVDA.US)$, $Tesla (TSLA.US)$ and $Meta Platforms (META.US)$ also continued their rebound trend, rising 18.83%, 18.76% and 17.43% respectively.
In terms of market factors, technology stocks in the U.S. are still relatively low valuations at the moment, as they are still heavily depressed by the liquidity crunch and have had very large valuation retracements.
Even $Tesla (TSLA.US)$ and $NVIDIA (NVDA.US)$, which have rallied twice as much, does not seem expensive at this moment looking at the direction of technology and possible future growth expectations. If the intent is for long term, then these are potentially quality technology stocks.
If you are bullish on $Tesla (TSLA.US)$, $NVIDIA (NVDA.US)$ or other U.S. technology stocks but are torn by high stock prices, you can also choose the corresponding ETF to get on board.
ETFs do not require you to trade frequently and will rise in the long run as long as the index continues to move upward. During market downturn, you may use the dollar cost average approach to accumulate the ETF at a lower price. When the market rebound and form a "Smiling Curve", you may achieve a higher return.
[FNGU] MicroSectors FANG+ Index 3X Leveraged ETN $MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$
+65.2%^ YTD
This ETF contains 12.17% of Tesla as well as 9.99% of Apple, 8.55% of Nvidia, etc.
^YTD: Jan 3, 2023 - Mar 2, 2023
[TECL] DIREXION DAILY TECHNOLOGY BULL 3X SHARES $Direxion Daily Technology Bull 3X Shares ETF (TECL.US)$
+23.7%^ YTD
This ETF contains 18.95% of Apple and 17.52% of Microsoft.
[IYW] ISHARES U.S. TECHNOLOGY ETF $iShares US Technology ETF (IYW.US)$
+11.0%^ YTD
This ETF contains 18.27% of Apple, 15.54% of Microsoft and 5.4% of Nvidia.
[QQQM] INVESCO NASDAQ 100 ETF $Invesco NASDAQ 100 ETF (QQQM.US)$
+9.4%^ YTD
This ETF contains 12.21% of $Apple (AAPL.US)$, 4.27% of $NVIDIA (NVDA.US)$ and 4.12% of $Tesla (TSLA.US)$, among others.
Data: moomoo, Tech Equities ETFs with highest gains from 01 Jan 2023 - 28 Feb 2023, priced below USD 130.
$Apple (AAPL.US)$ $Catalent (CTLT.US)$ $West Pharmaceutical Services (WST.US)$ $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Meta Platforms (META.US)$ $Align Technology (ALGN.US)$ $Ansys (ANSS.US)$ $W.W. Grainger (GWW.US)$ $Fortinet (FTNT.US)$ $Monolithic Power Systems (MPWR.US)$ $Arista Networks (ANET.US)$ $Everest Re (RE.US)$ $GE HealthCare Technologies (GEHC.US)$ $Arch Capital (ACGL.US)$ $ReadCloud Ltd (RCL.AU)$ $Parker Hannifin (PH.US)$ $Fiserv (FISV.US)$ $Eaton (ETN.US)$ $Analog Devices (ADI.US)$ $Clorox (CLX.US)$
$MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$ $iShares US Technology ETF (IYW.US)$ $Direxion Daily Technology Bull 3X Shares ETF (TECL.US)$ $Invesco NASDAQ 100 ETF (QQQM.US)$ $Vanguard Total World Stock ETF (VT.US)$ $SPDR Portfolio S&P 500 ETF (SPLG.US)$ $iShares Core S&P Total US Stock Market ETF (ITOT.US)$
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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散修2706 : ETF is king
accuwealth : different tools for different purposes.
Chives to NYSE : TSLA bought it around 121 but sold 127 for short term, I am regret now for not leaving some position for longer term
Teuton Knight : I would buy QQQ and VOO for stability …