Tech stocks have fallen into a correction that prudent
investors new was inevitable. The most popular market darlings of recent months
are now falling hard and fast.
While the S&P 500 and many tech giants remain extremely
overvalued, blue-chips fitting any goal are always reasonably to attractively
priced.
Today AMZN, OLED, TCEHY, ANTM, CSL, LCII, NSP, PBCT, LHX,
and AVGO represent the 10 safest hyper-growth blue-chips retirees can trust.
AMZN and TCEHY are my highest conviction ideas, for reasons
I explain in their deeper look videos.
These 10 hyper-growth blue-chips collectively yield 2.6%,
are 14% undervalued, have long-term analyst growth forecasts of 19% CAGR and
risk-adjusted expected returns of 17% CAGR, 5X that of the S&P 500. In a
video I show exactly how to construct a sleep well at night retirement
portfolio based on various risk profiles, that can withstand anything the
pandemic, economy, or stock market can likely thow at us in the future.
Tech stocks have been on fire this year, helping to lead the
Nasdaq to an epic bear market recovery rally.
Of course, it's hard to miss that tech stocks, which make up
about 60% of the Nasdaq and drove a remarkable 75% gain in just over five
months, have become out of favor lately.
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