The 'Mag 7' have become the value stocks of the market, says NYU's Aswath Damodaran

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  • Опубліковано 4 лип 2024
  • Aswath Damodaran, NYU professor, joined 'Closing Bell' to discuss whether he believed the market valuations were overextended.

КОМЕНТАРІ • 162

  • @JuneTalley
    @JuneTalley 2 дні тому +382

    The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.

    • @amolejoshua7452
      @amolejoshua7452 2 дні тому

      Nobody knows anything; You need to create your process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

    • @BarbaraLouise-i3r
      @BarbaraLouise-i3r 2 дні тому

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    • @JuneTalley
      @JuneTalley 2 дні тому

      @@BarbaraLouise-i3r Could you kindly elaborate on the advisor's background and qualifications?

    • @JuneTalley
      @JuneTalley 2 дні тому

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  • @NicoleBarker-he2vp
    @NicoleBarker-he2vp 23 години тому +265

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      @RusuSilva 23 години тому +2

      It's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research

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      @FusunTumsavas-cq7tp 23 години тому +2

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      @RossiPopa 23 години тому +1

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      @FusunTumsavas-cq7tp 23 години тому +2

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      @RossiPopa 23 години тому

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  • @hullbruce
    @hullbruce День тому +326

    I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation

    • @AmyPorterfield11
      @AmyPorterfield11 День тому +3

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

    • @Tevez875
      @Tevez875 День тому +2

      No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

    • @BINDERANDREAULRIKE
      @BINDERANDREAULRIKE День тому +1

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @Tevez875
      @Tevez875 День тому +2

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      @BINDERANDREAULRIKE День тому +1

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  • @tommychestnut5335
    @tommychestnut5335 2 дні тому +204

    With the way the market is moving, we'll mostly hold for longer than 2030 to realize profit gain, I think a video on "How to profit from the present market" will be more effective, I mean I've heard of people making upto 250K within few months and I'd like to know how.

    • @stevensmiddlemass2072
      @stevensmiddlemass2072 2 дні тому +2

      You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

    • @chrisbluebird5037
      @chrisbluebird5037 2 дні тому +2

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    • @alicegomez7232
      @alicegomez7232 2 дні тому

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      @chrisbluebird5037 2 дні тому +3

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  • @WillPerry-b7r
    @WillPerry-b7r 3 дні тому +404

    • @WillPerry-b7r
      @WillPerry-b7r 3 дні тому

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

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      @MuchParrill 3 дні тому

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      @MuchParrill 3 дні тому

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    • @SaviourUmo
      @SaviourUmo 3 дні тому

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      @WillPerry-b7r 3 дні тому

      SHE IS ON TELEGRAMs

  • @frankedwardark
    @frankedwardark 3 дні тому +377

    These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

    • @MickyGlover
      @MickyGlover 3 дні тому +2

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
      ..

    • @kurtKking
      @kurtKking 3 дні тому +1

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      @Monicamonasky- 3 дні тому +1

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      @kurtKking 3 дні тому +1

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      @Monicamonasky- 3 дні тому

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  • @armstrongdaniel5500
    @armstrongdaniel5500 21 годину тому +81

    I want to start investing but need guidance. Any advice or recommendations for assistance?

    • @gabriellewis1781
      @gabriellewis1781 21 годину тому

      Getting advice from financial advisors, like Della Martin, can be a smart move to reshape your portfolio. They have the expertise to help you make informed decisions.

    • @johnclifford4817
      @johnclifford4817 21 годину тому

      It's a smart move to get help from experts when you're starting to build your financial portfolio. It can be quite complex, so seeking professional guidance is a great idea.

    • @matthewwilson8628
      @matthewwilson8628 21 годину тому

      I made sure to invest my $25,000 portfolio in different markets to diversify my money.

    • @gabrieljackson6071
      @gabrieljackson6071 21 годину тому

      By investing in high dividend yield stocks, ETFs, and equity, I managed to make a net profit of around $115k. It's been quite a successful venture!

    • @ConorHugh-ge9pv
      @ConorHugh-ge9pv 21 годину тому

      You really need someone like Della Martin, a reliable trader, to make it happen.

  • @99cya
    @99cya 3 дні тому +17

    i am swiss but i am fully invested in US large cap stocks for years. despite the strong CHF against the USD, which diminishes my returns, the gains have been fantastic. for me its obvious for years already, invest in the best. they can weather all storms. the performance to risk ratio is just mind boggling good with those mega caps.

  • @xidptl
    @xidptl 3 дні тому +20

    Professor knows the sanity boat had sailed a long time ago 😂😂😂

  • @foresthill8462
    @foresthill8462 3 дні тому +29

    He looks and sounds a bit defeated/embarrassed

    • @ednan9
      @ednan9 3 дні тому +13

      When irrationalnalitiy rules - the sane professor looks insane

    • @method341
      @method341 3 дні тому +10

      He got the tech trade totally wrong and now he's trying to distort the narrative by saying they are, in fact, value stocks! Ivy League gas lighting at its finest.

    • @toulasantha
      @toulasantha 3 дні тому +1

      Probably short 😂

    • @darrendent8288
      @darrendent8288 3 дні тому

      Homeboy literally tries to make the case back towards September 08 before the crash 😂

    • @abdulhafizuddin95
      @abdulhafizuddin95 3 дні тому

      In the market, a lot of people are afraid to be wrong alone, he doesn't.. he didn't predict the future.. he only has his own narrative of what it may look like..

  • @myjourney1011
    @myjourney1011 3 дні тому +13

    I have invested in Mag 7 for seven years and more. I have tried diversifying my portfolio but it didn’t work so I end up with 80% in technology stocks

    • @harmankang6119
      @harmankang6119 3 дні тому +1

      lol true

    • @mrcmid9132
      @mrcmid9132 3 дні тому +1

      I agree!

    • @douglassmith9445
      @douglassmith9445 3 дні тому +2

      Can’t do it. Too much tech in the long run seems to be unrealistic when the rest of the world needs many other goods and services.

    • @myjourney1011
      @myjourney1011 3 дні тому

      @@douglassmith9445 I added apple stock in tech

  • @rejsn
    @rejsn 3 дні тому +6

    It almost seems like a party that never ends.

    • @prolific1518
      @prolific1518 3 дні тому

      US Treasury will keep the market pumping until November or until the establishment knows Biden/Harris won't win.

  • @JasonAmir-qo4uo
    @JasonAmir-qo4uo День тому +7

    The stocks continue to go up and valuations are being suspended….. I think is due for correction .

    • @GibsonJames-gr3on
      @GibsonJames-gr3on День тому

      What about the impact of inflation on the market?

    • @RoseBalerus
      @RoseBalerus День тому

      Inflation could lead to higher interest rates, affecting stock performance.

    • @RubenDominguez-ei3fd
      @RubenDominguez-ei3fd День тому

      What about the role of central banks in shaping market trends?

    • @OwenFlex
      @OwenFlex День тому

      Central banks have a significant influence on market direction.
      But a strong economy can offset inflation concerns.

    • @DamianCarlos-f3z
      @DamianCarlos-f3z День тому

      Dividend stocks can provide a steady income stream. …. I think dividend investing is a good strategy.

  • @ImtiazAhmed-ug7bf
    @ImtiazAhmed-ug7bf День тому

    His book on equity valuation os one of the best I've read

  • @OneManBluesConspiracy
    @OneManBluesConspiracy 3 дні тому +3

    I am a fan of Aswath but I am a little unclear on the take-away from that segment. Not saying that to be critical. I do see that all the good companies seem to well invested in. I hear analysts talking about 5 year targets for companies like Tesla but no one has a clue what the overall landscape is going to look like in 5 years.

  • @user-of2ho6fn4l
    @user-of2ho6fn4l 3 дні тому +1

    It’s Ironic that CNBC still talking about rate cut expectations!

  • @RobbStonee
    @RobbStonee 2 дні тому +4

    I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

    • @Marquez919
      @Marquez919 2 дні тому +3

      Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.

    • @Tipping-Point88
      @Tipping-Point88 2 дні тому +1

      I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.

    • @OsborneLatin
      @OsborneLatin 2 дні тому

      The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

    • @ScottStraw
      @ScottStraw 2 дні тому

      I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

    • @OsborneLatin
      @OsborneLatin 2 дні тому

      *Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

  • @kevinwang1211
    @kevinwang1211 3 дні тому +1

    If something has great value, it's always worth a buy. Increase your shares!!!

  • @prolific1518
    @prolific1518 3 дні тому +2

    That's great to hear. That means when they dump they'll never recover as growth names. Exactly why they're all paying dividends now. Mag 7 are the new GE, IBM, Intel. Once the bubble pops, the Mag 7 will never recover.

    • @ShawnFreshley
      @ShawnFreshley 3 дні тому +1

      I think you’re confused and wrong. We live in a tech world now and these companies are at the heart of all businesses “making them Value plays.” They are paying dividends because earnings are still solid, and they have the cash to do so. Why hoard cash with high rates when you can pay investors yield & keep price up…? Thats smart af. All we care about at the end of the day is chart up and to the right. The mag 7 are not going away they will transition to value but always get the growth name due to tech. It’s strange.
      Now imagine when the FED cuts rates and does QE again.. they will fly even more and pay more yield. 🫡📈💸 don’t miss it.

    • @prolific1518
      @prolific1518 3 дні тому

      @@ShawnFreshley "we're in an internet world now and these companies are the heart of all businesses making them 'value plays'" thanks buddy

    • @daveyvane9431
      @daveyvane9431 18 годин тому

      Genius! You should host Wall Street Weekly!

  • @marcoalexander6214
    @marcoalexander6214 3 дні тому

    The best analysts know they cannot make too firm a prediction (ala the shown-the-door JPMorgan dude), and in that regard - Damodaran nailed it.

  • @kk22001
    @kk22001 3 дні тому +10

    There is a saying that if you can't do, Teach!

    • @Graybeard_
      @Graybeard_ 3 дні тому +10

      Which is always said by those who can do neither.

    • @kk22001
      @kk22001 3 дні тому

      @@Graybeard_ I'm glad to know my comment triggered you into revealing your hidden talent for... nothing!

    • @NeeshV-te4kc
      @NeeshV-te4kc 3 дні тому

      This guy bought NVID at

    • @Graybeard_
      @Graybeard_ 3 дні тому

      @@kk22001 I see you identify with my comment. Thanks for sharing! 8-)

    • @CK-qh5te
      @CK-qh5te 3 дні тому

      He doesnt publicly share his performance, but has mentioned he only beats the market by a few % pts. I assume its pretty mediocre since he doesnt want to share

  • @jimbochoo3316
    @jimbochoo3316 3 дні тому +1

    Everyone thinks the market will keep going up. There's almost no bearish sentiment. So, the contrarian view would be that the market has peaked or is very near peak.

    • @Media-xt4lr
      @Media-xt4lr 3 дні тому

      This particular economy is designed for asset value to consistently increase so yes it will continue to go up with small month or year long corrections. I think what they're all talking about is just the best time in the short term to get involved.

  • @montyi8
    @montyi8 3 дні тому

    /remindme 1 year

  • @user-lq2kj3ni1t
    @user-lq2kj3ni1t 3 дні тому +1

    I think the market is moving the money from one sector to another, crypto is down so the investors are taking profits out of crypto and feeding in the edquity market. This could be another possibility.

    • @rjo8500
      @rjo8500 3 дні тому +1

      That’s true. Crypto will rise in the fall. Now it’s all about AI and recently robots.

    • @austinehasz3907
      @austinehasz3907 3 дні тому +1

      lol no crypto isn’t that big lol Still only like 3to 5 % of people own any kind of crypto

    • @user-lq2kj3ni1t
      @user-lq2kj3ni1t 3 дні тому

      @@rjo8500 😂

    • @rjo8500
      @rjo8500 3 дні тому

      @@austinehasz3907 Not just coins, there’s also crypto related stocks and now ETF’s so the exposure is growing.

  • @clifftanch
    @clifftanch 3 дні тому

    For this FOMC, every datum is important only if it allows them to do nothing, and every factoid is spun so they don’t have to do anything different than what they’ve done recently. The reason they are so gun shy is because they are still stinging from nearly letting inflation get out of control in 2021 and don’t want to take responsibility for that.

  • @austinehasz3907
    @austinehasz3907 3 дні тому

    This guy gets it !!!! Mag 7 is the value stocks !
    Tech and , Ai is different now Meta , google , Apple , NVDA all Undervalued !!

    • @AliKhan-pb7ny
      @AliKhan-pb7ny 3 дні тому +1

      Apple isn't undervalued right now. Google, Meta and Amazon is.

  • @joecooltrader
    @joecooltrader 2 дні тому

    The Mag 7 stocks, especially Nvidia, is in a euphoric phase. Anyone who speaks against are ignored or drown out as bashers. It happens every time.

  • @KenshiaMoreno
    @KenshiaMoreno 3 дні тому +1

    Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

  • @jhull5870
    @jhull5870 3 дні тому +1

    He sounds like he is trying to convince himself. The market is the S&P Mag Seven.

  • @mmercato7174
    @mmercato7174 3 дні тому +4

    loooooooongggg

  • @Dennis_510
    @Dennis_510 2 дні тому

    So he pulls out a 2008 analogy. 🙄 Well at least he didn't go for a 1929 analogy

  • @lewpaul6310
    @lewpaul6310 3 дні тому +1

    Usa usa usa

  • @extraordinary.verses
    @extraordinary.verses 2 дні тому

    There is so much cash on the side. When this cash gets invested in equities, there will be a long term crash. This is what wall street lobby decided.

  • @VJ-lt9uk
    @VJ-lt9uk 3 дні тому +3

    I actually read a textbook on valuation written by him. What a waste of time.

  • @midwestcannabis
    @midwestcannabis 3 дні тому

    Party On! 🥳🥳🥳✌️✌️✌️

  • @harrychu650
    @harrychu650 3 дні тому

    At these ultra low prices they are practically giving away Tesla Shares. Buy buy buy you fools

  • @RajDeelish
    @RajDeelish 3 дні тому +7

    This guy is giving NYU a bad name. He's been bearish on high flyers for years.

    • @method341
      @method341 3 дні тому +1

      No investor with half a clue listens to him anyway.

  • @PersonalIncomeSolutions
    @PersonalIncomeSolutions 5 годин тому

    Stating the obvious. How about some information that is meaningful

  • @starship519
    @starship519 3 дні тому

    Not a buy

  • @snaheelyadav5863
    @snaheelyadav5863 3 дні тому

    7 stocks, Thala for a reason 😂

  • @weho_brian
    @weho_brian 3 дні тому +2

    hes capitulated on the notion that these megacap tech stocks are over valued because they've broken all of his rules. Now they are all "value" stocks 😁

    • @Media-xt4lr
      @Media-xt4lr 3 дні тому

      Nvda doubled its revenue in 1 year, and its forward pe is like 38. If it was any other stock it would be 120 or 400.

  • @MatthewMS.
    @MatthewMS. 3 дні тому

    🇺🇸🇺🇸🤖💻📈🇺🇸🇺🇸

  • @alphar9539
    @alphar9539 3 дні тому +3

    Bull trap here

  • @hellonihaocomoestas
    @hellonihaocomoestas 3 дні тому +1

    he has a heavy indian accent. Except when he says "china". Then he sound like Trump

  • @haoliu0708
    @haoliu0708 День тому

    Prof. Always Wrong

  • @DSharpe-bo4us
    @DSharpe-bo4us 3 дні тому

    I never listen to this guy

  • @JJ-vw9pd
    @JJ-vw9pd День тому

    Does anyone care about what this guy says?

    • @sdk58
      @sdk58 15 годин тому

      I do. He knows his stuff.

  • @warcatbattalion
    @warcatbattalion 2 дні тому

    This guy is a fraud wow

  • @aryanindo5634
    @aryanindo5634 2 дні тому

    This professor is so 'overrated'....we have tons of these over smart professors from India's southern state....US can import few more

  • @peonchot
    @peonchot День тому

    this guy said to sell nvda at 400... #clueless