Co-founder and managing partner Tom Lee of Fundstrat says that investors with a deep bag are still skeptical about a certain stock group, despite a rally in the markets.
In a new one interview On CNBC television, Lee says that investors with a high net value are still on the fence about speculative shares, shares of companies that have a high risk level, but also offer the potential for a very high efficiency
The performance of these shares are often attributed to hope and hype instead of a proven business model.
Says Lee,
“These are not the shares that we recommend for our customers. You know, we will adhere to the quality of large cap and portfolios. 35 of the best S&P [500] Names …
There is $ 7 trillion cash on the sidelines and the sentiment for investors in the retail trade, I think you really have to break it. I think the Robinhood community is Bullish, but what I would call the high-net value and the traditional Equity investor is still pretty careful. That is the heart of our universe of customers. ”
Lee also says that the US stock market is still in good condition to see more meetings, because investor sentiment seems to be filled in despite increases for high prices.
“So I would say speculative activity, those are such small examples that I would say that it is much too early for me to say that there is speculation …
High beta as an ETF (listed fund), if you look at it, this usually has to lead in a bull market. So it’s not unusual …
But the thing to keep in mind is that in 2021 … people were speculatively excess in this Mag 7 and took this Large Cap. There is hardly any euphoria in those shares. ‘
https://www.youtube.com/watch?v=X0NZRAKHGFS
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