Leila Yang
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Recent data shows that defensive sectors like utilities, consumer defensive, and healthcare have outperformed the information technology sector over the past month, reaching 52-week highs.
Notably, several stocks within these sectors have shown exceptional performance. Pharmaceutical giants with market values in the hundreds of billions, such as $Eli Lilly and Co (LLY.US)$, $Thermo Fisher Scientific (TMO.US)$, $AbbVie (ABBV.US)$, and ...
Notably, several stocks within these sectors have shown exceptional performance. Pharmaceutical giants with market values in the hundreds of billions, such as $Eli Lilly and Co (LLY.US)$, $Thermo Fisher Scientific (TMO.US)$, $AbbVie (ABBV.US)$, and ...
![In One Chart | Wall Street Eyes New Sectors for the Next Stock Market Surge](https://ussnsimg.moomoo.com/sns_client_feed/77777019/20240822/d9e9339e50f949e5b7354dd178ddd5f8.jpg?area=100&is_public=true/thumb)
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Leila Yang
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The AI arms race between the Magnificent Seven companies is still ongoing in 2024. However, it appears that the gap between these tech giants is widening based on their stock performance.
As of the close of trading this Thursday, $Meta Platforms (META.US)$ has surged over 50% year-to-date. While it falls short of the skyrocketing 150% growth seen by AI darling $NVIDIA (NVDA.US)$, Meta has left other megacap peers far...
As of the close of trading this Thursday, $Meta Platforms (META.US)$ has surged over 50% year-to-date. While it falls short of the skyrocketing 150% growth seen by AI darling $NVIDIA (NVDA.US)$, Meta has left other megacap peers far...
![Meta Shares Climb 50% in 2024, Trailing Only Nvidia in the Mag7 Race. What's Next?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240823/1724409948794-69921312a6.png/thumb?area=100&is_public=true)
![Meta Shares Climb 50% in 2024, Trailing Only Nvidia in the Mag7 Race. What's Next?](https://ussnsimg.moomoo.com/sns_client_feed/77777017/20240823/e07e03db7aba9312794e086193e22807.png/thumb?area=100&is_public=true)
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Very helpful for picking stocks to buy.