These dividend-paying companies can help to fade big tech and play a broader economic recovery

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Well, if 2020 was the year for stay-at-home stocks, well, 2021 was not. Businesshala columnist John Auther points out that an investor who shorted S&P 500 home entertainment stocks and instead invested in regional malls would make a massive 120% gain this year.

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So is the recovery story all done? Maybe not. need to know recently investigated what an artificial intelligence-powered portfolio manager was doing – excluding big tech names like Microsoft MSFT,
-0.77%,
Alphabet GOOGLE,
-0.31%
and Amazon.com AMZN,
-0.33%
For a more detailed portfolio.

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Kevin Muir, author of Macro Tourist Blog And a former institutional equity derivatives trader, is expecting what he called a violent rotation in value-type names over large-cap growth in the first quarter. US economic growth is shifting to one driven by the lower end of the wealth spectrum, fueled by fiscal rather than monetary stimulus, in what he would call a regular, old-fashioned economic expansion. “That means stocks like industrial and other boring companies that facilitate traditional economic growth are what you want,” he writes.

But how to do that? ProShares S&P 500 Dividend Aristocrats NOBL is an exchange-traded fund.
-0.14%,
Based on an index that limits the membership of S&P 500 companies that have increased their dividends for 25 consecutive years. Businesshala data shows that the fund’s top sector exposures are industrial, with a 23% leverage, and consumer goods, with 20%, and only 3% exposure to technology.

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Conversely, says Muir, a zero-coupon-like growth stock would be a high-paying stable dividend company. “If you’re looking for a way to reduce Top 8 basket dominance, what better way than to own a bunch of regular dividend-paying companies that don’t bid on the moon with speculative enthusiasm, and participate in the upcoming economic boom,” says Muir.

buzz

South Africa said that it passed its Omicron peak without a major spike In deaths from the coronavirus variant.

Israel began delivering a fourth COVID-19 vaccine dose, becoming one of the first countries to do so.

UK approves Pfizer PFE,
+1.42%‘s
Following approval of Merck MRK, the oral antiviral PaxLovid for the treatment of COVID-19,
+0.25%‘s
Lagavario last month.

The largest operator of IKEA stores says it plans to increase prices by an average of 9% next year.

Exxon Mobil XOM,
-0.59%
said higher gas prices would boost its fourth-quarter profit by $1.1 billion.

Hunter Douglas HDG,
+69.82%
Shares in Amsterdam jumped 70% after 3G Capital agreed to buy a controlling interest in the home furnishing company in a deal valued at $7.1 billion.

Market

It won’t take long for the S&P 500 SPX,
-0.30%
To hit its 71st record high of the year, but early morning, US stock futures ES00,
-0.17%

NQ 00,
-0.16%
Were a little weak.

Many international exchanges, including Germany, Italy and Japan, remained closed.

top ticker

Here are the top tickers on Businesshala as of 6am.

anchor

security name

TSLA,
-1.46%

Tesla

GME,
+0.91%

GameStop

AMC,
+3.54%

AMC Entertainment

NIO,
+14.76%

NIO

DJIA,
-0.25%

Dow Jones Industrial Average

DXY,
-0.00%

US Dollar Index

TMUBMUSD10Y,
1.504%

US 10 Year Treasury

ES00,
-0.17%

E-mini S&P 500 Futures

AAPL,
-0.66%

Apple

ocgn,
+10.27%

ocugen

random reads

Billionaire investor Chamath Palihapitiya predicted Visa V,
-0.14%
and Mastercard MA,
-0.08%
The biggest business loss of 2022 will be, citing threats from altcoin projects.

really dance Helps to power this building,

It’s going to be so cold for the Winter Classic National Hockey League game on Saturday in Minnesota that the ice has to be heated,

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