The slide this month by Oracle (ORCL) and Broadcom (AVGO) has reminded investors that artificial intelligence (AI) stocks don’t move up in a straight-line fashion. They may also want to consider that prior pullbacks by mega-cap AI equities have often proven to be buying opportunities.
Source: https://www.etftrends.com/etf-education-content-hub/familiar…
Here is how Barrick Mining (B) and Commercial Metals (CMC) have performed compared to their sector so far this year.
CVS Health is slowly righting the ship after several challenging years. Abbott Laboratories’ strong business should improve thanks to an acquisition.
Major U.S. tech stocks are quiet as traders wait for Jerome Powell’s comments after the FOMC decision. Google, Apple, and Amazon all remain in broader uptrends, with pullback viewed as a potential buying opportunity near key support levels.
