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| Name | Tech and IPO market outlook: What to watch in 2024 |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 26-12-2023 01:00:02 |
| Video Discription | #tech #ipo #yahoofinance #2024 The Tech sector has certainly dominated Wall Street with the Magnificent Seven and endless discussion on AI, but can it continue? In addition, IPOs have had a lackluster year with several companies making their IPO debut but failing to really capitalize on the momentum. Will that change for 2024? Jay Woods, Freedom Capital Markets Chief Global Strategist, joins Yahoo Finance to discuss both of these sectors and how they will perform next year. Woods explains why he is enticed by IPOs. "The thing that I do like is the beaten-down IPOs, from a year ago, two years ago, like Affirm, Coinbase, they are starting to come back ...They are real companies and they have good balance sheets now. We're starting to see them pick up. So I look for that," Woods says. "Speaking of IPOs, we had five solid IPOs, and they're starting to trend toward their year-end highs. That's good momentum. The IPO market itself should pick up. People are waiting for conditions to get better, what's better than all-time new highs and a Fed easing? So look for a lot of interesting companies." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance [5hqH81L15ZE] |
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