‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks

The S&P 500 has experienced its second-best start to a year in the past 25 years, fueling a sense of optimism among investors. However, this achievement has not been the main story of the year. In fact, the bellwether index’s year-to-date gains of 16% have been completely overshadowed by the tech sector’s domination. With AI hype driving the surge, it has become the best-performing sector in 2023, up by 31.5%.

That is a significant amount and actually represents the finest opening half of a year ever recorded by the sector as it has pulled away from the S&P 500 by the biggest gap over a six-month period since 1999.