When considering IBM’s stock price forecast 2024, it is essential to focus on the overall trend rather than fixating on specific price targets.
By Sheraz Mian
The Mag 7 companies are expected to bring in 20.6% of the S&P 500 index’s total earnings in 2024.
If we want 2% inflation, then we need M to grow about 2% faster than GDP.
In recent articles I suggested that the AI sector was weakening and that was clearly evident in April when the 54 stocks in the 7 AI category portfolios tracked went down by 4.3%, on average.
Most markets have been all over the map in the past 4 years since the onset of Covid and the forced economic shutdown.
Wall Street has significantly revised its expectations for Fed rate cuts in 2023. Traders have shifted their bets from initially anticipating seven cuts to now predicting just one.
Buying undervalued dividend stocks with growth potential could lead to above-average returns.