Stocks (^DJI, ^IXIC, ^GSPC) are rallying on the back of former president Donald Trump's election victory. Mackenzie Global Quantitative senior vice president Arup Datta joins Wealth! to discuss the implications for investors and their portfolios. "My view on being positive in the markets remains," Datta states, noting outperformance in sectors like small caps after Trump's victory. However, he notes that in the US, presidential elections "play less of a role" in long-term impacts on markets. He notes that investors should always have value, growth, and quality stocks in their portfolios, saying you "can't always predict which style will be in favor today, tomorrow, [or] in the next 6 months." Regarding specific stock picks, Datta advises investors to consider Nvidia (NVDA), Comerica (CMA), and Norwegian Cruise (NCLH). #youtube #stocks #TRUMP 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. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.din.com/company/yahoo-finance
Election results will not impact markets long-term: Advisor
Stocks (^DJI, ^IXIC, ^GSPC) are rallying on the back of former president Donald Trump's election victory. Mackenzie Global Quantitative senior vice president Arup Datta joins Wealth! to discuss the implications for investors and their portfolios. "My view on being positive in the markets remains," Datta states, noting outperformance in sectors like small caps after Trump's victory. However, he notes that in the US, presidential elections "play less of a role" in long-term impacts on markets. He notes that investors should always have value, growth, and quality stocks in their portfolios, saying you "can't always predict which style will be in favor today, tomorrow, [or] in the next 6 months." Regarding specific stock picks, Datta advises investors to consider Nvidia (NVDA), Comerica (CMA), and Norwegian Cruise (NCLH). #youtube #stocks #TRUMP 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. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.din.com/company/yahoo-finance