From Forbes: 2024-05-17 11:16:02

The market is booming, with the S&P 500 close to record highs and strong earnings growth reported. Stocks like NextEra Energy are up 38% since March, signaling good economic news. Interest rates are expected to be cut, boosting interest rate-sensitive stocks like utilities, with NEE providing both safety and growth opportunities. The market is at a crossroads, with some stocks like Palantir taking a slight dip despite positive quarterly reports. PLTR remains a strong growth story, with international sales being the only downside amidst overall positive results. DraftKings is thriving in the online gaming and sports betting industry, with strong growth potential as more states legalize gambling. Investors should capitalize on this opportunity, with DKNG well-positioned for future success. Financial experts Adam Johnson, Edward Yardeni, and José Torres discuss economic resilience amidst higher interest rates, recommending strategic investments for the rest of 2024. They provide insights on the market outlook, credit risk, and investment strategies to navigate the current financial landscape. Join them for the MoneyShow Masters Symposium Las Vegas for more in-depth guidance.



Read more at Forbes: As The Dow And S&P 500 Hit All-Time Highs, Here Are 3 Ways To Profit