Mon, Apr 29, 2024 6:20 PM
This Analyst With 86% Accuracy Rate Sees Around 13% Upside In Chipotle
A Flip by Avya Verma
Nvidia (NASDAQ: NVDA) stock is having another great year. In 2024, shares of the artificial intelligence (AI) tech giant have gained 91.9% through May 15, crushing the S&P 500 index's 11.9% return. The stock's longer-term performance is even more stunning, as it turned an investment of $5,000 into nearly $1 million over the last decade through April 29.
Open Flip
Dividend stocks tend to struggle in high-interest-rate environments. The core reason is investors have an abundance of low-risk, high-yield income options when interest rates spike.Conversely, fund managers have historically pivoted to top-tier dividend stocks when interest rates fall. The logic behind this trend is that dividend stocks ought to deliver superior returns to risk-free assets.
Open Flip
Foreign Portfolio Investors' (FPI) fund flows show heightened confidence on the domestic investment cycle and premium consumption, according to a report by ICICI Securities.The analysts said that this sentiment contrasted with the FPIs' fading confidence in the tenacity of the global environment (reflected in fund flows to IT and global commodities) and broad-based mass consumption categories.
Open Flip
