3 Large-Cap Tech Stocks to Sell Now
This earnings season has definitely highlighted the winners and losers on Wall Street. It has also helped investors identify large-cap tech stocks to sell now. Over the last few days, investors have gained confidence thanks to positive economic data, better-than-expected earnings, and Federal Reserve optimism. The trio of upbeat information drove two-month highs in the large-cap SP 500 and tech-heavy Nasdaq indices earlier this week. The price action also further bolstered the case for a confirmed rally in the market now seven weeks in the making. But investors just waking up to the rally are late. And right now, overbought conditions dictate it’s time for investors to walk away from companies that remain on shakier ground. With that in mind, here are three large-cap tech stocks to sell. META Meta Platforms $170.57 IBM International Business Machines $131.64 MTCH Match Group $66.53 Large-Cap Tech Stocks to Sell: Meta Platforms (META) Source: Charts by TradingView Meta Platforms (NASDAQ: META ) is the first challenged large-cap tech stock to sell.
3 Large-Cap Tech Stocks to Sell Now
This earnings season has definitely highlighted the winners and losers on Wall Street. It has also helped investors identify large-cap tech stocks to sell now. Over the last few days, investors have gained confidence thanks to positive economic data, better-than-expected earnings, and Federal Reserve optimism. The trio of upbeat information drove two-month highs in the large-cap SP 500 and tech-heavy Nasdaq indices earlier this week. The price action also further bolstered the case for a confirmed rally in the market now seven weeks in the making. But investors just waking up to the rally are late. And right now, overbought conditions dictate it’s time for investors to walk away from companies that remain on shakier ground. With that in mind, here are three large-cap tech stocks to sell. META Meta Platforms $170.57 IBM International Business Machines $131.64 MTCH Match Group $66.53 Large-Cap Tech Stocks to Sell: Meta Platforms (META) Source: Charts by TradingView Meta Platforms (NASDAQ: META ) is the first challenged large-cap tech stock to sell.