From Investing.com:

The stock market and the Magnificent 7 are not in a speculative bubble with the S&P 500 up 9.7% in 2024. 11 out of 14 years with similar gains saw continued increases. Speculative bubbles occur when prices rapidly surpass intrinsic value – examples include the tulip bubble, the dot-com bubble, and the subprime mortgage crisis. Companies like Apple and Microsoft are generating significant profits, and the S&P 500’s Price-Earnings Ratio indicates priciness, but not a bubble. Defensive investing involves considering companies with strong fundamentals and consistent dividend growth. Additionally, April is historically a great month for energy stocks, with the Energy Select Sector SPDR Fund as an investment option. Sign up for InvestingPro for AI-managed portfolios and expert tips to navigate the market effectively.



Read more at Investing.com: Bubble Jitters? Here’s How to Invest Defensively and Still Make a Buck