Procter & Gamble

words.During Thanksgiving week, the S&P 500, Dow and Nasdaq posted weekly gains, yet only the S&P and Dow ended November positive, while the Nasdaq slipped ~2% after AI‑valuation concerns. Apple led the portfolio, topping three consecutive all‑time highs on strong iPhone 17 demand and a forecast to surpass Samsung in 2025 shipments. Broadcom surged 18% weekly on rising AI‑chip demand, while Nvidia fell 1% but was called a buying opportunity. Dick’s Sporting Goods’ results boosted Nike, and the fund added Palo Alto Networks after an earnings beat and Procter & Gamble as a defensive hedge.

Tuesday’s market showed mixed results: S&P 500 and Dow gained, but Nasdaq dipped due to Big Tech weakness. Nvidia fell on Meta’s potential Google TPU use, boosting Broadcom. Meta’s move highlights AI chip competition and potential shift to customized silicon. Portfolio diversification is key; defensive stocks like P&G are attractive amid volatility. Home Depot presents long-term potential with anticipated rate cuts. Nike rose as Dick’s Sporting Goods’ Foot Locker closures consolidated market share, signaling improved collaboration.