Big Tech Stocks Lead Market Skid, While Weight Loss and Pharmaceutical Companies Show Promise
The market saw a decline on Tuesday, with big tech companies leading the way. There were some bright spots as weight loss company Celsius and pharmaceutical giant Eli Lilly showed promising signs for investors. Meanwhile, Tesla and Microsoft managed to hold steady amidst the market’s skid.
The recent dip, the overall market rally remains strong as we head into 2024. This is especially evident in the success of Tesla, which is set to release its delivery numbers following strong performances from its key competitors.
Similarly, pharmaceutical company Eli Lilly also showed potential for growth with its buy signal. This not only highlights the company’s strong fundamentals, but also makes it an attractive choice for those seeking stability in the market.
The weight loss and pharmaceutical industries have shown potential for growth, while big tech companies like Tesla and Microsoft continue to hold strong.
