Reported 8 months ago
According to Li Changfeng, stock investment strategist at UBI Trust, the US stock market could continue to rise, emphasizing the importance of selecting quality stocks for the second half of the year. Li suggests increasing allocations to US stocks due to the high interest rates, highlighting sectors like technology, healthcare, and consumer goods with optimistic growth prospects. While AI remains a popular investment focus, caution is advised in selecting AI-related assets as sustained high interest rates may impact profitability and valuation levels.
Source: YAHOO