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Analysts Highlight Steady Performers Over Flashy Tech Stocks
Analysts Highlight Steady Performers Over Flashy Tech Stocks
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BTCCSquare news:
While Google stock (GOOGL) remains a Wall Street staple, analysts suggest less glamorous companies with robust fundamentals may outperform in the current market. Apollo Global Management's Torsten Sløk notes investors often fixate on high-growth tech, overlooking sectors delivering consistent returns with lower volatility.
Lowe's (LOW) exemplifies this trend, leveraging durable housing demand and supply chain investments. CEO Marvin Ellison's strategic pivots—including professional-market acquisitions—position the firm for cyclical recovery. "Steady wins the race," observes one institutional trader, citing billions in home equity as a tailwind.
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