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The U.S. stock market's Technology Sector has had an unfavorable start to the year. BMO offers advice: relying on this "select strategy" can still generate profits against the trend.
BMO suggests that investors consider adopting a "Growth at a Reasonable Price" (GARP) investment strategy, looking for well-performing stocks in the Technology Sector, as this strategy often performs well when the correlation among individual stocks decreases or is below average.
Tech Is Floundering – but 'Critical' Selectivity Can Still Offer You Outperformance – BMO
Live Stock News: -2.8% GDP, Trade War Sends Market Lower, Tesla Sales Punished
Enphase Energy, Inc. (ENPH): Among the Cash-Rich Mid Cap Stocks to Buy Now
Sunnova (NOVA.US) plummeted 64% in a single day, triggering a Sector avalanche, as the USA photovoltaic industry faces its "darkest hour."
Sunnova Energy fell by 64.25% on Monday, bringing down the entire US stock CECEP Solar Energy Sector.
Top Gap Ups and Downs on Monday: SNY, GFI, LI and More
