2 Question Tuesday – 12/24/2024 – Do You Think Valuations for the Magnificent 7 Stocks Are Too High? Are Utilities Taking up a Larger Part of Your Energy Allocations?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Do you think valuations for the Magnificent 7 stocks are too high?
- Are utilities taking up a larger part of your energy allocations?
Phil, Mike, and Larry discuss the high valuations for the Magnificent 7 mega-cap tech stocks and whether now is the time to start looking at small-and mid-cap stocks. Then they talk about how electricity demand is expected to grow five times faster than we thought it would just two years ago, according to power consulting firm Grid Strategies, and whether investors should increase their allocations in utilities.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.