"With a little more than a month left in this fiscal year, many investors are looking to rebalance their portfolios and reposition their holdings for what could be a more volatile year ahead. In my personal portfolio, I'm taking a more risk-off approach to my equities holdings right now, and rebalancing to a greater weighting in fixed income. But I also understand that's not the strategy the average investor will pursue."
"Growth stocks have still outperformed their value counterparts on a year-to-date basis, and the immense rally we've seen in some of the top growth stocks in the market may have stalled for a short time, but investors banking on an incoming Santa Claus rally or more dovish monetary policy have reasons to hold onto their positions in these growth stocks and potentially consider adding for another near-term rally."
"Alphabet (GOOG) I've long thought Alphabet ( NASDAQ:GOOG) is one of the most fairly-valued mega-cap tech stocks in the market. It turns out I wasn't the only one with this view, with Berkshire Hathaway ( NYSE:BRK-B) recently adding $4.3 billion of exposure to this world-class search and cloud giant. This bet is intriguing, considering the fact that Berkshire has been ramping down its Apple ( NASDAQ:AAPL) holdings in recent months."
Many investors are rebalancing portfolios with a little more than a month left in the fiscal year and preparing for potential increased volatility. Some investors are shifting to a risk-off stance and increasing fixed-income allocations. Growth stocks still outperform value year-to-date, though some top growth rallies have paused. Expectations of a Santa Claus rally or dovish monetary policy provide reasons to hold or add growth positions for a possible near-term rebound. Berkshire Hathaway recently added $4.3 billion of Alphabet, even as it ramps down Apple holdings. Alphabet trades at roughly 24-times earnings and benefits from a rock-solid balance sheet and cloud-driven growth.
Read at 24/7 Wall St.
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