Published on 8 Oct 2024 on Insider Monkey · via Yahoo Finance
Natera Inc. (NTRA): Hedge Funds Are Bullish On This NASDAQ Stock Right Now
We recently compiled a list of the 10 Best Performing NASDAQ Stocks in 2024. In this article, we are going to take a look at where Natera Inc. (NASDAQ:NTRA) stands against the other great performing NASDAQ stocks.
Market Expectations for the Year-End
Fed's recent cut has resulted in significant outperformance in the tech sector, signaling a positive sentiment among investors. Tech stocks are thriving in this lower interest rate environment, which has contributed to a broader market rally. The strength of small-cap stocks and cyclical sectors was noticeable even before the reduction, suggesting that market confidence was building. Analysts expect ongoing growth driven by advancements in AI, which continues to be a key theme influencing investor behavior.