🐠Financial services stocks and cash are currently popular with US retail investors, a🌳ccording to a new report from trading and investing platform eToro.

In the company's latest Retail Investor Beat (RIB) report, released Wednesday, 54% of investors said they were holding financial services stocks, with technology close behind at 49%. Energy stocks (39%) and communications (36%) followed.

Last year's regional banking contagion, driven by the collapse of Silicon Valley Bank, has left financial-sector stocks such as Charles Schwab (SCHW), U.S. Bancorp (USB), and PNC Financial Services (PNC) trading below their pre-crisis levels, enticing 澳洲幸运5官方开奖结果体彩网:value investors.

Tech Sector Favored for More Buying

Technology stocks are an obvious target after the surge in 澳洲幸运5官方开奖结果体彩网:generative aꦯrtificial intelligence (AI) stocks, led by chipmaker Nvidia (NVDA). However, eToro's report♔ indicates that some♊ investors may fear that they have missed the boat, with 76% of U.S. investors reporting holding cash but 22% saying that they would up their bets in technology.

Crypto assets are popular among investors aged 18-34, with 26% saying they will increase their digital investment portfolio oᩚ💟ᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚver other assets. Some of those younger investors are also getting their first tastes of negative market swings, with 63% saying they are more cautious after losses, compared with 22% of the 55-plus age range saying the same.

Inflation Seen as Biggest Portfolio Threat

But the younger investors said they were more likely to 澳洲幸运5官方开奖结果体彩网:buy on dips, at 43% c💮ompared with 16% of older investors. Despite a recent easing in U.S. inflation, 30% of investors said inflation was the biggest threat to their portfolio, followed by the economy (21%) and high inte🐻rest rates (11%).

“With interest rates still elevated in the US, it’s no surprise that investors are leaning into cash assets for a solid risk-free return," eToro's U.S. investment analyst Bret Kenwell said. "Investors’ cash holdings puts them in a good ꦿplace to take advantage of market opportunities wh🐟en they arise,” he added.