How to trade the market after this week’s rally to record highs

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How to trade the market after this week’s rally to record highs

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. Blair Boyer, co-head of large cap growth equity at Jennison, said he likes Advanced Micro Devices, Meta Platforms and Visa going forward — among others . Boyer broke down his investment approach, which consists of finding companies that are able to find — and fund — new ways to grow. “The self-reinforcing nature of these characteristics is such that it tends to mean that companies have the ability to use the free cash flow that they generate to reinvest in their business,” Boyer said. Analysts also reiterated their bullish views on Nvidia this week, with Goldman Sachs raising its price target on the high-flying AI play to $1,000. The company unveiled its Blackwell graphics processing units on Monday. JPMorgan noted the announcement solidifies Nvidia’s position in the AI space. “With leading silicon (GPU/DPU/CPU), hardware/software platforms, and a strong ecosystem, NVIDIA is well positioned to continue to benefit from major secular trends in AI, high-performance computing, gaming, and autonomous vehicles, in our view,” JPMorgan wrote . NVDA 5D mountain NVDA 5-day chart Nvidia shares rose about 7% this week. Small caps? Another area that could be of interest to investors is small caps. Fundstrat’s Tom Lee told CNBC he expects the Russell 2000 to rally 50% . “With the Fed doing a dovish pause, and CEOs getting more confident — that means M & A and IPOs — and people looking at other sectors, I do think the Russell can rise 50% this year,” Lee said. “I think the Russell 2000 represents sort of the best of things to happen when the Fed starts cutting.” The small-cap Russell 2000 rose 1.6% this week. The iShares Russell 2000 ETF tracks that index. General Electric could also present an interesting opportunity for investors. The industrial giant’s power business will be spun off from its aerospace operations in the coming weeks. It will trade as GE Vernova on the New York Stock Exchange. GE has ripped higher in the lead-up to the spinoff, surging 38% this year.

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Investment strategy,Stock markets,Russell 2000 Index,General Electric Co,Dow Jones Industrial Average,S&P 500 Index,NASDAQ Composite,NVIDIA Corp,Jerome Powell,Advanced Micro Devices Inc,iShares Russell 2000 ETF,business news
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