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Investing in growth stocks? Here's one money manager's ideas
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September is historically a lousy month for the stock market. But even in a rough market, there can be bright spots.
Despite the volatility, one positive Mahoney Asset Management CEO Ken Mahoney sees is investors broadening out their investments beyond the "Magnificent Seven" names.
As a growth manager, Mahoney says he doesn't mind "some of these companies that are embracing technology to help out their top line and bottom line." He uses Walmart (WMT) as one example of a company that is using technology to grow its e-commerce business.
Mahoney also likes Apple (AAPL), citing its stock buyback program and the potential AI upgrade cycle for phones and computers.
One thing Mahoney advises investors watch is the CBOE Volatility Index (^VIX). Find out why in the video above.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
#stockmarket #youtube #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
Despite the volatility, one positive Mahoney Asset Management CEO Ken Mahoney sees is investors broadening out their investments beyond the "Magnificent Seven" names.
As a growth manager, Mahoney says he doesn't mind "some of these companies that are embracing technology to help out their top line and bottom line." He uses Walmart (WMT) as one example of a company that is using technology to grow its e-commerce business.
Mahoney also likes Apple (AAPL), citing its stock buyback program and the potential AI upgrade cycle for phones and computers.
One thing Mahoney advises investors watch is the CBOE Volatility Index (^VIX). Find out why in the video above.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
#stockmarket #youtube #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social:
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