Interest Rates and Tech Stocks

Interest rates have been a headwind for tech stocks for the last few years, but with rates peaking, tech stocks (and this one in particular) should benefit. November 21, 2023 [CWN_Daily](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393j3m2ndW6N1vHY6lZ3nlW81ZbrD7rzYfgV3zLkt3kqGqyW8sdmsV1C7-HPW5KlJKj5hd1FlVgVt3f6DfkspW1wd7Dv8fPJqsW4qLYj-2_bklSW30dQVj6jl5dkW113dPR5RgpH_N6mhLqFTPMXQW5M5vlb6lfvx3W40-_W71rsdYqW1VlzBQ9cfJNWW4GGtbS2Q4Jh5W3T1LGr6g266NW6d-TzF98BVThN8Hs1xzw-xQTW5sTdBx1qfm1WW1r65rs7FSkk5W3rHHpt9jKxNrW2-2rnT6cqBn8W4BlyjR3pPJQXf73Ld4004) [Tom Hutchinson@3x](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3pBW9jcJ-G2_k2DmW8mYkcB3HwqFRW8-fSjQ4yDtZhW8lrQx-7Pb0fLW3F1kP18MRF8xW1cDXKq1yZ5NqW1G8KPG81ctTNN2jBzH1NGYwPW5SdrCY6pXxsLW2h8VDV6VCHmzW43Lcnh4PChl6W6d3blP6-nps0W1f1R7t5txJJtN21KHbfWqCMdW6--THL4LFCWgW7gFKtf1hCHzQW6TgF7283lHnlW6wJdh07lG96mW1GrQkr3HpWGcW65H35C4Y7ZjbW3PyLzk3H8z28W1rc7rw8VH2sdN8nfXBwrYB_SN3gRFK_pgNNTW7bn_XF1WfLX1VF02dh1rh7djW8RDQhV5F1NBkN77YW07g0R5_f90zmcl04) Tech Stocks [Interest Rates and Tech Stocks](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3nXVfjN0v2RztQSW4MFrNF2mkP3lW4Q88V_80CkWWW8Ms_sS7wz4tZW74188y40_4PkW1wNTD03cH4ZFW66zv4p1H8rM8W7LGvqf7kRFHDW9cQ3WX4L1nHfW8KqmGs7Mm-8hW25XVb26XwzZpW5YZp8T1SX3FyVHTRKv1g-x0tW8blsc25SQ7YRW4Msx6q64tHnWW5-YrtB4Qj4X-W8Ft7Pj1GXRFKW549LPx2VPWj_W4LSt791pLMFtW2qQHZy7YXJBDW49p8K87tHWNKVK2bRS4s5GFBW6jMhmz7CnPRCN1_tvbcp4-0HW7tHfw94zZ7s1W5JjNyk82K0pcW2BX09W2MYjCmW8XBTv08-Dq31f7TDTzx04) Tom Hutchinson, Chief Analyst, Cabot Dividend Investor, Cabot Income Advisor and Cabot Retirement Club Stocks are having a great November so far. After falling for three straight months, the S&P 500 has been making up for lost time and has risen nearly 8% in the first three weeks of this month. The catalyst is interest rates. Inflation and rising interest rates have plagued this market for the last two years. The relationship has been particularly evident lately. The benchmark 10-year Treasury yield hit a new high for this cycle in the beginning of August and trended higher still for the next three months. [READ MORE >>](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3p-W3bGKV679FJ89N2PV7hdT_h01W3-5BrT3fL-jDW4T2SRd9bpt0SVV4Vmr6vV-xtW4ZPSfy7hq9RBVf7blk1vXq3RW3gCn2t8zgz9XW5YBWfz8_ZR2_N12DPdfWCp0mW9j0P3_4TxNfgN58Z5C6LYLGsW6zRd0R67m0ksW6rHRVK5Gym7gW34yl-m4_9q4CW8r7tPH8cMLsHN5XFS2hHnvk5VSvf9J1YvKKsW1g3rf85C8FRSW1QFH84524m7zV3CWRn35syNFW6pWqlZ2XZFDFW8Tkd2f7sflNcW7jSndN30xrPjW3VwmZZ2CqpfKW5-GTPG2SLRWVW4S5zKR1SLFlsW8kgnBM86ysLKf3qBCs804) Today at 12pm ET - Special Event [1792767_EventCoverforNovember21Special Event_OP-2_111523](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3pJW7DTHN18wp5YRW1SrMnH98Tw3GVZnjyV1jPJrLW54b7Jq1hFYk3N8FBLP0FJRSbW6R0mR26VJ0H9V1M_s-5t_WqrW8Hrhjw8XBMq8W7GvzFf2p6RSfN2CF29lg-vMrW7ylW7p1MPFvYW2WMDd24MN51-W7TQMnF78ZqZ3W2Jpp4C68wlzZW3fCYZl8x0PbTN4Cr7gtmyQ_jVt3sFb4h9xKvW1FXpJb4kPVlpW68b_fR3sFZkWN7lqBDrRKjy3W6FMGGM1D1WtkW5bczT316ZshDW5CG1533l9hHVW5CJQbm8TVHD4W2lVGFb3hHgllW4Q0f_B8-c9lYW1sK8pM74R0QCW75ctp7461Cbjf8K6n1b04) [Register Now](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3pwVLPQXg3NsnDhW5w8_WX6scd3TW1v3tbw4_cGKMVySYx47lhR6bN4l2_DCPDTDFVylFJs2B2fq2W3w0rsz8mC3k6W27F9sd8RyFGgW64-zzb4xf9s2W3v4D9B50b0PrW69Szhh2pvHPfW6tH2yN6H3WYvW6Dy1nQ2FrkQJW7bTJbD7TB7mhW57fM6W7s931LN5xn6FnPBgmtW3msKK498wN9QW3nJRhR9cC5P6VCZ67g46qXZJW4w5nhQ51QL2NVKv6Hn4TLpp0W4l5qK36L7ZDWW232SjR82WkG3W6Fvncv7jlp5cW48w_Pl3Pt60VW6BYQZ65gQ7SkW11hxqR6KhMcZW6nfWh54j-fBbf98DRfv04) Stock Market [Why Investing in Monopolies Pays](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3mQVRTpP72YM2q7W8NN5yS2Lt0NYW3mnghG4MY4S4W6DF_hT4sZb3tW3CQm7c1r7NRhW4W00fN1KXgWyW19JCM97ZgMSVW6bwFvR3N40GbN1RnDdH5wf1WW7kgfJy72LcYMVndyY428sPfLW1Dm1Dq3BW8HGW3r1PZ_5BhmqvW2fp9_t62MbZPN41j1D4p8HBvW1xD86B8475Z_W7P23xx8CNbkZMGzRTwjXbP_N7nCV9pBJXRVW8VF9yN9dshm6W1kt-wV49sVZ6W949JcQ3HG3X9W8Z1Kqy4chMcJW2GYNP344g0XjW2twcJC5wJc8CW39zCN95NyjtFVK3mH358rLTzW7DDM3B2NvTxyf7Kwxz-04) Carl Delfeld, Chief Analyst, Cabot Explorer When you think about investing in monopolies your mind may naturally drift to the game Monopoly. Growing up, our Monopoly games were rough and tumble. Tensions ran high because our attitude was a bit like the Kennedys - the difference between second place and last place was nothing at all. [READ MORE >>](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3nYW1zXDHZ73f706W4-5LJ16cFqQMW5MV-lC8YP8JZW86Bl006TfHqVW8lMm2N2xGfxmW25Z-8M20hP4VW98KfSk3nW5kHVxVPJW5fWDlzW1yhsfh9fqb7qW4HVzwd7pGksNW7VGf6t2Lw_hqW87f2Xs1R-bTxW4jzxXM2YbLN6W6Z1XZD9lC9_8W6y_Zjv4wnylNW1l8hJF7nlsF5W6csjc21CKt0YW2Xt3N66-yBglW8VL6vl1Jt1BtW1ty5C080XQ0DW4G5Wvc5B-9v8W5ryZ_X7qwY9PN5h4pR1C7cnJW4Pstfz5H0ZlkW92dL2P1MJ1mNVs8BcM58QpFJW1LSWwX2FkMyMW2cpZqq982Txcf2bjxh604) [1246852_NewsletterCovers-Generic-V6_122021llv10](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3mbN9c2W-0R2hZMW6tmVDY4SxJNRW85CLKy5VJcCPN3H9QnjWtHN1V653KM10PgZ-W73DcMQ8Thyy5W5ymNdG4RD9RfW3vLjL863SypjW7VGTx36h30jHN9jRGl5xY_-CW6TR7kd8PT2KVN62P8C9-b5WlW6jw4k84dPHjMW64BLbL5wBMRSW8fXTVm7RXXS_W50FMWT3bN1WHW1c8QKN1FWdrpW1F5QQJ2h2ZdqW23H2JF7gLzTkW5RzTNf8Kf8bXW2LPGFR7NlyMDW16b0hm6Jh4bKW3TD-GF262NfTW19Jdc-90l0PNN2PBXY1bgrMhW4sBsgw6jJlchN5Dj78tTb1R_W5Mcf9g6d-hw1f2X6VWH04) [Buy World-Class Companies from All Around the World](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3plW4ZN-MW1Bhv1dW99Y3J71R36FTW8SK3q29hgTxmW84ccWR8H1RXjN3y_m5VtHnPHW1-W53S4RqL_VW3nTkSy6hdSJMW8BP41z7j4VJKW3wThgd54hCvhW5MlW5c6XYS6dW5qh-R71_lysTW7j4mKG8BT863VQ9RkP66MFmlW52k5Gq1qfMDDN8HNw6BDQrVYVqGQ5J1-lYBXMjffT6hkkQ1N5CChC8FFCysW30ffSH8nrKNWN1SPvj6KgH8sW2TBGG97QHCvgN6GJ6z1R6N19W3t7rfl8bxpXTW1lRQg21ZmrZfVjkwxN5wW1gNVH245m5Yyb_cW1ymZv16lJv5kW3y1LK34dKx4jdHqzxj04) The philosophy of Cabot Explorer is simple— there’s always a growth trend and bull market somewhere in the world. Chief Analyst Carl Delfeld follows global trends and finds ideas with the potential to deliver big. [Learn More](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3nmW6xMGng21h6zJW7gw5_j79jKCfVFYg218h9-HhN8YXFbWYpfHFW3dchz22dpHNfW4YjTZg6QqyWKVS0Mpf7ZcbGpW5ZWwrN4M1Kn_W4Hkt3r75WqytW18JQw02HxSbZMq-xCTQCcwkW8v5-YJ4y708hW4sP01-8MYcr8W2f11ky19FpvvVR3JD78JjvP9W5GC19X5z1Bg-W55tl4d6bWXXZN6KSxD8bJjgcVGdDgv1G0SFYW2R84512g7vXBW765gsq5WwSdvW5J7N_G1lgr6bW8DsW1X6lGm9HN4Bhpjd8fRXbW6BBVYH11HZlMN1PyNz5_1y6zVfv_Y72_mmCtN8YysGb2C3DFf31RV6j04) Value Stocks [Using the Net Current Asset Value (NCAV) Formula to Find Bargain Stocks](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3pcW2jxYCR2l9HHRVlJQPK5c1qGwW84qRbP29jd9gVWt6H77wRtzYW8mFqJn6yVSHjVt0v9N8hbyjjW961Gzx2_7x3DW24-p0J1j2FzKW4gRBKM1_-HC4W4pfyNC4HPFPjN2bNsRvdk9vLW6jx2SL8KgrTDN2-3YQT8jg_dW7KQ2ys5nSfQMV_10dt2-lk2TW4T0QD64vGXMsW5tXbT36RdKG5W8TN2ym63wZ-yW6CxYTv4Cj-rVW1BXLgX69ZRrlW13tQLj7vvBGvVTYsrZ2SVjX9N6bLbVpkx5SjW4TsHMX3cWrlwW7cc93f18ylypW3pqGm89gJ1j-N4w1H6JrdfB3VT0SCh6RB3vGf54bDK804) Cabot Value Team With most of this year’s positive performance being generated by only a handful of large tech stocks, there are discounted companies throughout the market. But how can we figure out which bargains are for real, and which ones are not? We rely on time-tested analysis to improve our odds: Analysis that relies more on a company’s history than on unreliable predictions of future operation. [READ MORE >>](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3kTW6MrQfn2g_V_lW78Rw3477lXPqN11R5QWNBGTLW58v4jP63_NlMW4gvKrG7Fm3hsW7wjcq157PL40W1tzM873n88mcW72WtSB23-BMfW6gP5DX3gjjDZW2YyMy16W5c9nW507BXv3LRK-fW1b8ZFH5qkR-jW3yL7xH3cZNq4W4KWGS236B508W3BWPDJ8T7BblW3t_RNz2WKjbSW187KqJ7Hg0STW6NYtqr2fBBQDVLxPWT5D23XBVhdFHr94Bd4kW12f5Td7-9GRQW70Sl982LTfq4VDpv065rhMHLW8JJKVW1gx1P1W8zB3pW1DZMfgW1W7syJ2mJwwDW69LN0q46NHfQW5xMcz_4HlRrmf7LQXNz04) [Logo](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3krW4gjZhy2ZM_NKW4ByLvL1VtRtzW4blscm7-VkZkW8W0t6Y4YVyfNN5QQWK2CQnPZW7XjxGZ4lQCQVW6ZLk_s4hHzxzW6v5Zlf7pnJzQVSfLhN3mgY25W1PXLCP4BwNWTVbvhT17PV6DcVZ8hvY1YPVDDW1vRjfy64xGbZW1flvFK8n_MSPW4S_cXf15fcLGW8MQNg61B6w4RN13g61h8Tr0CMNXHPsz2KckW1cVdLm7fP3LqW2vvFCm7444t6W1z-mG_4V4_TgVkYzV13kYLtzW2hML8l7XvK5YW2zdgpB86bXDnW8HnMNh7h7X4PN8gs0tlf67GCW3Jyyw15hKRdtW5PyMHB7bFC00f8gjLRx04) [Cabot Street Check Podcast - Join the Conversation!](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3ptW49zFjP2132ZBW5wZ5Pt6_CShGW2DfY-32kl_yYW7J2fyR3QbF7LW4DsxcM5mRdTRW4r6cM31mrGrXW8WW5Z_2pmz22W6XyN0S5zQdKrW8c7Yn54JXGT8W5VT9np5s-z5xV_Ynj-24qzKCW8Fcksg1lBPsBVdpmn02QVkYTW1cyk7B70GBkjW5Y4-Db4pCsS-W42Lvcb1DdvvXW7F7d2R2XDgp0W68SFdX2fkz90W5T0Xb57FsgnSW51JVfq5rt8yBW7gVpC66Gl593W6nMDlZ8zbHpMN4m77qBfp9YsW8HyjYR4BfGSkW34z2R73VB-PpW7ss3ng595XL0V_XTlx1tf4BlW5qdwv847ZDD2d-0Rvn04) Tune in to Cabot Street Check, our weekly podcast. Hosted by Cabot analysts Chris Preston and Brad Simmerman, these free-flowing conversations cover everything from stock picks to market trends. Don't miss out on the latest news from Wall Street – new podcasts [drop every Friday.](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84394b3m2ndW8wLKSR6lZ3l9W8slg3M7wMlmvW8fKqpp8WcJwqW3y6Ng38GKB72W3qQcqc4d3SLbW6fF99k345X1yVH6fbn4JgfmJW7QgC-K94ZjFCMtFd-Dw1V2-W6P63W-817WC8W2_bSB54hSqlpW5xgCLH1fvYC6W81qk2n1YssWgV5nn1b1KdDWJW58mT0j4-JwdKW1QlDRy6ff5ZYW3RndJP84lsnWW6BTjWf2T5prwW38vvrs2wby8bW4KqHgg2_B8R7W5XQ5JT2RcVyGW5ftC0g8hxRw9W3ySGYT30yPt5W71VHFy1lgxtJW6fNVvT4BgTJsW5Q0jr68SCbKCW4RlsJR7BDWxvW34RcJR63QRxKW8ng6z18Jyc2mf8fjDl004) [Facebook](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393j3m2ndW6N1vHY6lZ3n4W7vmGk77YBQP2VK72ys1Ky8hGW7jCwDr56Jm2YW7yY2-X3d6392W78r_FX2kxLzgW5RCnB83ydVNdW10LknP825QfNW3CXXHR6kkYsFW5vDw4y3QT56lW6l1YsF8Pb317W6W2F6G88fp41W4qxZqq4QBwLsW5HB4tm7nz_rkW6bXWpm6f25dMW6GH2Bk5rNyvTW7fDQCQ5VHQVHW5ml-Ng85Bc58W3F_kRx3H7fJRVsznQy1th0BQVVgJRz6t1SQTW4C0K6M8pGpDxN7kLPg8St4frf3h13vW04) [LinkedIn](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393W3m2ndW7Y8-PT6lZ3ncW5yhRs61CZ55gVtv15y40GRkCW6XmXQ17kTn7KVJp6fL4xrQM7W2X-Hf01GXMrfW3JlWQN4f6Y8xN1BbYbTv_RGYW4gxnQt68SvNrW8sMfjg7LrcklW2_17YQ2SQXVFW7MT--L60NgJDN4g6m6YSxJDgW8h-Wdm8955rNW1rWnfC7XNVxsW8y9N6Z4CJBjZVB5GxK8txKgrW8jcnN84VvngVW2G21ZM8KygFZW4MVtHP7cgTLFV9SWcT17gdnnW18rXQH14T8vmW8k29TJ1HB57-N4jJcYmvj5vSN1LK7BxPRVsfW4KPnG98_SgKjN6JHW8Yc5f6Tf5GzhFs04) [Twitter](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393j3m2ndW6N1vHY6lZ3ndW5KwqkC8KjKRQW3f_2w34gCFm_VnH5R_6P-rf1W9kHsF41jkrbQW8HlMFr4Rm_JpW4LgmNy49vdhRN16ln3MyRdDsW9ljzgz91tHVyW8VxvCw99Q96JW1Y4H-c7cwG6HW2sGp6C372MghN17k9XQrlK87W7mVfpS2ckpj9W58PxHH3m2vj6W5nr86z1KZl6bN4qBdNf_RSZTVXQvWY3cs43NW3-sN3S4w569-W20BS022zKnv5W8z3-_z1-Qkk1N6CHmzCvJy4LW3QNY7g5Wk6p1f6LN0M804) [YouTube](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393W3m2ndW7Y8-PT6lZ3mVW5yqjV-79SbqpW27zHqk8WRYd5VlmdJr2DbkQFW8NqJ3T8pTlGjN6Ty8gFzq2ktW7xhj348Nd2tsW6qGy198dnnZPW5gNXNn2Sw_T9W70wtY98H5DMJN996Qms89hNRW4ztrr52z1PYZN2x4Jc6F80JhW47kt--7RWt0vN7hgRG2nQYx5W8N-w117h_4wrW23RyY08ZlbXzN3p405K_7XgmW5WGVR02X4f5tW6Z28v03tYxHdN3gymH9WB3lvW4smnfn6Vp9GbW1H2Wdw6RysjrW1-FZdn5_JjB3W9hPjz96kwykmW1Sg_1m9bJM24W8Y87rc9b9Bjhf6ZHFfP04) [Podcast Logo](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393W3m2ndW7Y8-PT6lZ3mmW60N1kB5G5t0XW881RjS1c8Y0hW5z-L1r2ddyf9W8tdhpb1ybsdvN96Yknhhg2nBVk98wW33sF9sW4Lz0mz77jnSRW8FDbxl3G1S_sW1cq8FS6Ctsl5W3MDkGL9kfgGHW7nXRQ77s8mbJW8GmtY83PZX6gN50sR8r-VydPW7sr62c7qFm2jV5dz6r69V6LvW4_47Q97Fq5gcVhxvT_7Vv_70W86Z8zg8FVmSvW3ll5Yl4BMptyW8zYmYh2hhY0dW5qypFG8ZTsdyW6hsbZh9gV5XgW6xBcHd2NfVjXW8_GC3r3wfcRKW8jdBWg15xc8KN9lW_ZZRbtWSdVYCP404) Neither Cabot Wealth Network nor our employees are compensated by the companies we recommend. Sources of information are believed to be reliable, but are in no way guaranteed to be complete or without error. Recommendations, opinions or suggestions are given with the understanding that subscribers acting on the information assume all risks. We value your privacy and will not sell or rent your email address to anyone. [View our privacy policy](113/d2zn7704/VXc_vq2ccnghW3TBX-S7qF5K4W1CR289566zm7N84393W3m2ndW7Y8-PT6lZ3pGW1wbSvT5nRt3BW6wVrvW6KYH_VN936Y-5rWsp1W4yF0-D6WtpdhW6W6fdw3CkzgfW6bB_vS48BGR8V3SYKy3Qd093VdlG2h3bcpbtW5fvp_x7WV1NSW6S0Hql8GTzybW8TmP-g2CZX9bW7Y40yB1RyW-jN6n-Z3Lk2vZxVBWPpN8wsLfKVS7t9c76xbM4W6YdQby22z3KdW8kmzt42jTHJYW8JB68j3dG7lRW8t09Y58LkXJ3W6090v38XXPFsW5QWw3r3YVRLQW96wS9q8nlCNDW8HYMRd8X2QXMW8LbCjb4yTXKmVnqNd58dlQv6VPVwsk5zrfh3f4lY1Ll04) Copyright © 2023 Cabot Wealth Network Cabot Wealth Network, 201 Washington St. Ste 215, Salem, MA 01970, United States, (978) 745-5532 [Unsubscribe]( [Manage preferences](