Posted 4/5/2024, 10:32:00 AM
Siegel: Stock rally has room to run as tech giants lead way, smaller stocks poised to outperform
- Jeremy Siegel says the stock market bull run still has momentum and "more to go"
- The "Fabulous Four" mega-cap tech stocks (Amazon, Meta, Microsoft, Nvidia) are leading the rally
- Outside of tech, other sectors have reasonable valuations around 17x forward earnings
- Mid-cap and small-cap stocks have potential for upside and "a lot of ways to go"
- ETFs can provide exposure to mid-caps (MDY, IJH) and small-caps (IWM, VB) for diversification