US stocks to buy for short term: From Nvidia to Netflix- Appreciate CEO suggests picking these 5 shares
New Delhi, July 20 -- US stocks to buy for the short term: The US stock market has seen healthy gains this year so far; the S&P 500 is up nearly 9%, while the tech-heavy Nasdaq Composite has gained about 10% year-to-date.
The S&P 500 closed last week at 7,457.69, while the Nasdaq Composite finished at 25,520.24.
The US stock market is at a crucial juncture of moderating inflation, resilient economic growth and healthy corporate earnings.
Subho Moulik, Founder and CEO, Appreciate, highlighted that while June inflation came in below expectations for a second consecutive month, and JPMorgan, Citigroup and Wells Fargo all opened earnings season ahead of expectations, the bigger takeaway came from earnings rather than macro data.
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