The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023)

The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023) 2022 continues to deliver a blunt reality check to stock market investors. According to financial services giant Fidelity, the average 401(k) balance dropped from … Read more

Jefferies spies large-cap names that trade like small caps

Georgijevic With the broader market (SPY) struggling, moving down in market capitalization (IWM) makes sense, Jefferies says. “We feel today is much like ’99/00 in which we saw sharp declines and rallies by Growth,” strategist Steven DeSanctis wrote in a note. “Value has lagged since June 16, now cheaper than Growth with model in 35th … Read more