eToro Survey: US retail investors prefer financial stocks over tech stocks

Zhitong
2024.06.27 08:24
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According to the latest report from eToro, individual investors in the United States currently prefer financial services stocks and cash. 54% of investors hold financial services stocks, followed by technology stocks, energy stocks, and communication stocks. The banking industry's epidemic last year led to a decline in stock prices in the financial sector, attracting value investors. Some investors are concerned about missing opportunities, with 76% of U.S. investors preferring to hold cash, but 22% of investors also indicating an increase in investment in technology stocks. Cryptocurrencies are more popular among young investors, with 26% of investors planning to increase their digital investment portfolios. Inflation is seen as the biggest threat to investment portfolios. Young investors are more inclined to buy on dips, while older investors are more conservative