Weekend reads: Big tech stocks may be close to calmer waters

Dow Jones
2021/03/11

MW UPDATE: Weekend reads: Big tech stocks may be close to calmer waters

By Philip van Doorn

Also, a successful competitor of SpaceX that you can actually invest in

The decline in technology stocks amid inflation fears may be setting up a buying opportunity for investors.

The Nasdaq-100 Index is often considered a barometer for big tech because it holds the largest 100 nonfinancial stocks (by market cap) in the Nasdaq Composite Index . It is tracked by the $151 billion Invesco QQQ Trust $(QQQ)$.

The index has pulled back 10% over the past three weeks. Mark Hulbert makes the case that the Nasdaq's slide is close to coming to an end , citing market timers.

Here's a list of the worst-performing Nasdaq-100 stocks , which has skidded 32% over the past three weeks but has 85% "buy" or equivalent ratings among analysts polled by FactSet, with a consensus price target implying 60% upside potential.

More:The inflation tantrum scared investors -- here are eight tech stocks to buy when it happens again soon

How to invest in the space revolution with a SpaceX competitor

Despite its occasional high-profile failures, there's no question that SpaceX, led by Tesla Inc. $(TSLA)$ CEO Elon Musk, has become a very important player in space launches, not only as a reliable provider of commercial launches with its Falcon 9 rocket but with NASA too.

While you can ride along with Musk via Tesla stock, SpaceX remains privately held. Some hedge funds, including one managed by Cody Willard, are among its investors.

But Willard recommends investing in Rocket Lab .

Hospitals now post prices -- here's how to understand the information

Hospitals are now required to post prices for scores of procedures. The problem is there are so many variables, starting with different health insurance plans. Arlene Weintraub explains how to make the best use of hospitals' pricing information .

Retiring blue while keeping an eye on costs

Silvia Ascarelli helps a man who wants to move to an area where the voters tend to be liberal and where he can enjoy hiking, biking and gardening. The good news is there are many areas that can meet his needs, especially college towns .

You can read more articles on where to retire here for your own customized search.

How to pass an economic stimulus bill

The Senate is expected to vote on a $1.9 trillion third round of COVID-19 stimulus spending this weekend. With legislators there evenly split between Democrats and Republicans, passing a spending bill can be tricky. Any centrist can make or break a bill. Victor Reklaitis explains how negotiations in Washington have led to some additional spending .

Related:The highest percentage of workers getting unemployment benefits are in these five states

A bad report card and how it may be fixed

The American Society of Civil Engineers gave the U.S. an infrastructure grade of C-minus .

Playing a long-term trend: Wall Street's 20 favorite infrastructure stocks are expected to climb as much as 34% over the next year

Planning for retirement isn't only about money

When you talk with your friends, what is your favorite subject? Is it related to your work? If so, your identity might be closely tied to your career, and you might have a problem when you retire. Alessandra Malito discusses a "psychological portfolio " you can develop to help you know what you want to do and how you will interact with others when you are no longer working.

If you fix a pension mess, what about fixing Social Security?

Brett Arends supports a private pension bailout -- with some reservations. He also makes a very good point about what it would mean if the projected Social Security shortfall isn't addressed.

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-Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com

 

$(END)$ Dow Jones Newswires

March 10, 2021 13:36 ET (18:36 GMT)

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