VictoryTDP Posted January 20, 2024 Report Posted January 20, 2024 57 minutes ago, Konebhar6 said: I can confirm confidently sales have slowed down in Pharma, Medical Devices, Bio-Tech companies. Also all the stocks that went up during covid. Market makers make money (duh they need to pay bonus for everyone) only by bringing down stocks and going up. Right now I think money is moving into other sectors. March 2023 Tech stocks were lowest in multi yrs. Nothing happened in 6 months that they had to go up this much. In fact they did not deserve to go down that much. So look at Pharma and Bio-tech sector. A lot of stocks are at attractive levels. Look into them. I am thinking to move my money in 401k in Pharma funds. Look at PFE. It does not deserve to go down to 27 levels. Same with ILMN and a lot of other stocks in this sector. Look into these. AMD aithe Isuzu bandi la Rayi rayi mani pothune undi Quote
Konebhar6 Posted January 20, 2024 Report Posted January 20, 2024 Just now, VictoryTDP said: AMD aithe Isuzu bandi la Rayi rayi mani pothune undi I think MSFT, NVDA and AMD are good bets in the current markets. Go with the trend. AMD had a tie up with MSFT for their AI chips. 1 Quote
Anta Assamey Posted January 20, 2024 Report Posted January 20, 2024 1 hour ago, Konebhar6 said: I can confirm confidently sales have slowed down in Pharma, Medical Devices, Bio-Tech companies. Also all the stocks that went up during covid. Market makers make money (duh they need to pay bonus for everyone) only by bringing down stocks and going up. Right now I think money is moving into other sectors. March 2023 Tech stocks were lowest in multi yrs. Nothing happened in 6 months that they had to go up this much. In fact they did not deserve to go down that much. So look at Pharma and Bio-tech sector. A lot of stocks are at attractive levels. Look into them. I am thinking to move my money in 401k in Pharma funds. Look at PFE. It does not deserve to go down to 27 levels. Same with ILMN and a lot of other stocks in this sector. Look into these. Are you in Pharma / Bio field bro... Quote
Konebhar6 Posted January 20, 2024 Report Posted January 20, 2024 3 minutes ago, Anta Assamey said: Are you in Pharma / Bio field bro... I work in IT in a Bio-Tech company. Quote
AnandaVivek Posted January 20, 2024 Report Posted January 20, 2024 Adhi avvadamma!!! Elections unnayi Quote
Konebhar6 Posted January 20, 2024 Report Posted January 20, 2024 I am buying PFE in this market. Value buy. Excellent dividend. Another is MO. Of course my goal is to build a portfolio of regular income via established companies with decent growth ... Quote
human1234 Posted January 20, 2024 Author Report Posted January 20, 2024 I don't think inflation will come down easily. Almost everyone refinanced their mortgages when interest rates fell to zero. So everyone who refinanced is saving lot of money every year. Also rents are up. Even if they rent, it would easily cover their mortgage Quote
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