The S&P 500's (^GSPC) historic growth story over the past six months cannot and should not be missed by investors. Deciphering which stocks on the S&P 500 to pick for further growth can be daunting.
Which is why Public Ventures President and Chief Market Strategist Lou Basenese joins Yahoo Finance for the latest installment of Good Buy or Goodbye to help investors by giving valuable insight into which stocks stand out as the best growth picks from the S&P 500.
Basenese chooses Eli Lilly (LLY) as his Good Buy, citing the fact that the company is still in its "early stages of growth," possesses "multifaceted momentum" behind its GLP-1 weight loss drug, and a best-in-class pipeline to dominate the market versus its competition.
Basenese chooses Tesla (TSLA) as his Goodbye, citing the stock being overhyped and overpriced by many metrics on the fundamentals of the business, there is now a more competitive market, which the company did not have to face for years until now, and less investor confidence from business decisions made by leadership like CEO Elon Musk.
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18 сен 2024
