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Cramer says he likes these technology and real-estate stocks for 2023
CNBC’s Jim Cramer on Wednesday highlighted know-how and genuine estate shares he believes can complete very well in 2023, subsequent a dismal calendar year for both sectors. Increasing desire premiums introduced troubles for tech and authentic estate industries in 2022. Details technological innovation is down 27% calendar year to day, as of Wednesday’s shut, while true estate has fallen 28.4% more than the similar stretch. The only S&P 500 sectors to execute worse are consumer discretionary, down 36.2%, and conversation products and services, down 40.3%. Cramer explained he thinks tech and serious estate will keep on to wrestle up coming yr nonetheless, tech may start to see its fortunes make…
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Why an Allocation Fund Likes Energy and Real Estate Stocks
In volatile markets, making quick decisions is critical to protect a portfolio’s returns—and, in turn, clients’ money. That is a skill fund manager Adrian Helfert takes pride in. His time as a medic in the first Gulf War in the 1990s helped him learn to make tough calls in his current career and to avoid “analysis paralysis.” “At 18, I was tasked with being the person making good decisions quickly and leading quickly…when things go awry,” he recalls. “That has guided how I operate as an investor now.” Helfert, now 49, manages Westwood Income Opportunity (ticker: WWIAX), a $694 million, four-star-rated Morningstar allocation fund that can invest across stocks and…
