Investors looking for Big Tech exposure in this environment may want to avoid buying “FAANG” and focus on another stock group instead, Jefferies said.
Source
Own the ‘MANG’ stock portfolio instead of ‘FAANG’ in these conditions, Jefferies says
World
Asia-Pacific markets to open lower after Wall Street postelection rally fizzles
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Asia-Pacific stock markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders will assess Japanese corporate goods data, set for release later in […]
Read More
World
Morgan Stanley fund manager picks 3 stocks to buy following Trump’s win
U.S. President-elect Donald Trump’s election win has sent shock waves through the stock market and left investors scrambling to work out which sectors — and stocks — are set to benefit. Aaron Dunn, portfolio manager at Morgan Stanley’s U.S. Value Fund , noted the “great deal of volatility” in markets following the election result, as […]
Read More
World
‘Everyone is calling’: Trump’s tariff threats send U.S. companies scrambling for lobbyists and loopholes
In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the international trade and government relations division at the lobbying firm Sandler, Travis & Rosenberg, said she is fielding “dozens and dozens and dozens” of calls from anxious U.S. companies looking to […]
Read More