Author: Don Rebel

(Bloomberg) — Investors should take profit in Asian technology stocks amid trade-related risks, elevated valuations and lack of earnings upside, according to Morgan Stanley.Most Read from BloombergNew York’s First ā€˜Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomState Farm Seeks Emergency California Rate Hike After LA FiresTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeThe sectRead More

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The Australian market recently saw the ASX200 close slightly down by 0.06% at 8,374 points, with IT and Materials sectors performing well while Real Estate lagged behind. Despite these mixed performances, investors continue to explore opportunities in smaller or newer companies often referred to as penny stocks. Although the term ‘penny stock’ might seem outdated, these stocks can still offer significant potential when backed by strong financials and growth prospects.Read More

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