๐ Maple Market Challenge 12: Palantir and Dell join S&P 500, growth potential?
Hi, mooers!
Welcome back to Maple Market Challenge!
Like always, let's reveal the answer to last week's quiz: Why did the Bank of Canada cut the key policy rate for a third time? The answer is "To avoid landing the inflation rate too far below the target".
84% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with more details has been sent to you.
Now, brace yourselves for today's quiz!
84% mooers chose the correct answer! A big round of applause to those who got it right! Each of you will receive 20 points. Plus, we're giving 50 points to everyone who left a comment. Well done, everyone! A private message with more details has been sent to you.
Now, brace yourselves for today's quiz!
$Palantir (PLTR.US)$ and $Dell Technologies (DELL.US)$ are set to join the $S&P 500 Index (.SPX.US)$ on September 23, thanks to the rising momentum in AI. Following the announcement, Palantir's stock jumped 14% to 34.61 Monday, hitting its best levels since early 2021, and Dell also saw an uptick. For investors, this move signals a promising outlook for stability and growth, showcasing the significant role of tech in driving economic progress.
๐ Bonus question:
1. Will you consider buying Palantir or Dell following their S&P 500 inclusion?
2. Could you recommend a Canadian ETF that mirrors investing in the S&P 500?
Share your market smarts in the comment area to earn 50 points!![]()
2. Could you recommend a Canadian ETF that mirrors investing in the S&P 500?
Share your market smarts in the comment area to earn 50 points!
Stick around for the reveal of the answers and to celebrate our winners. Good luck to everyone!![]()
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mr_cashcow : 1. Yes personally I see potential in both companies as both have pretty good track records however always DYOR/DD when it comes to investing![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
2. Yes DCAing low cost ETF can be a simple strategy
102362254 : Both Palantir and Dell have performed well recently. Palantir's focus on AI and data analytics, and Dell's growth driven by rising demand for AI servers, make them attractive options. However, I only invest in stocks that align with my strategy, regardless of their inclusion in the S&P 500. What matters most to me is that they suit my risk tolerance and investment goals. I prioritize quality stocks with strong growth potential over any index listing.
73184346 : More market exposure
73184346 : More market exposure
Jason Fung : 1. I won't consider buying $Dell Technologies (DELL.US)$ and $Palantir (PLTR.US)$ because I don't fully understand their businesses and whether their projected growth will materialize in the next 5 to 10 years. It is difficult to make predictions about the future, especially in the tech industry and I don't have a high degree of confidence whether these two companies will continue to do well in the future. Since I have already been investing in S&P 500 ETF, I have exposure to these two companies and won't add more positions to them outside of my ETF.
2. I recommend $VANGUARD S&P 500 INDEX ETF TR UNIT (VFV.CA)$ for Canadian investors who are interested in buying a S&P 500 ETF on the Toronto stock exchange. Its management fee is among the lowest and also vanguard is not-for-profit company and aims to return its profit back to its fund.
KrazyKay : will definitely consider buying
BearWithTheBull : AI: All In
Denis Karastamatis : Considering getting Palantir but not Dell
Bobbyjee : #VFV for ETF in Canada.
73279472 : i
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