The Stock Market Enters Another Earnings Season. It’s Time to Look Beyond Big Tech.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 11 2024
0mins
Source: Barron's
Earnings Season Focus: The market is shifting attention from macroeconomic factors to upcoming earnings reports from major companies, with analysts predicting a 4% profit growth for the S&P 500 in Q3 and a more optimistic 14.6% increase for Q4.
Investment Strategy Insights: Experts suggest diversifying away from tech stocks towards cyclical sectors like financials and materials, while also recognizing the resilience of top tech companies despite concerns over high valuations and crowded trades.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
