Reported about 1 month ago
As mega-cap tech stocks from the Magnificent Seven, including Tesla, approach their earnings reports, market observers suggest that their underperformance may open avenues for small-cap stocks to thrive. JonesTrading's Chief Market Strategist, Michael O'Rourke, notes that a change in the economic cycle is leading to a rotation in investment, benefiting smaller companies. This shift could enhance the performance of even the weaker components of the S&P 500, thus offering potential for broader market gains.
Source: YAHOO