Don't invest from the 'bargain bin,' buy quality stocks on sale
As the Magnificent Seven tech companies relinquish their stronghold on market leadership, ProShares Global Investment Strategist Simeon Hyman joins Market Domination hosts Julie Hyman and Josh Lipton to share his perspective on navigating the shifting investment landscape. Hyman notes that while Big Tech companies are no longer the market leaders, "they're not falling through the floor." When considering investing strategies, Hyman says: "I think you have to combine what the market's telling you with the fundamentals." He highlights an attractive opportunity in today's market (^DJI, ^IXIC, ^GSPC) — dividend growth stocks that are currently undervalued. While acknowledging that "the price has lagged, the fundamentals haven't," Hyman cautions investors to be selective, stating, "you don't just want to shop in the bargain bin; you want to shop for quality on sale." Additionally, Hyman adds that if investors are seeking to manage risk, "we would suggest don't stay out of stocks, just make sure you have your balanced portfolio again." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith