Hedge Funds May Finally Be Turning On Tech Stocks – ValueWalk Premium

Hedge Funds May Finally Be Turning On Tech Stocks

Hedge fund managers and market watchers have been saying it for months. Tech stocks are done; it's time to ditch the pricey momentum names in favor of value stocks. Unfortunately it seems like every time we hear that, the tech sector pauses ever so briefly before taking another leap even higher into the sky. So when will the markets really be ready to say goodbye to high-flying tech stocks?

We might finally be there. Maybe. Perhaps. We'll just have to wait and see.

 
Investors unloaded equities last week
Bank of America Merrill Lynch strategists Jill Carey Hall and Savita Subramanian said

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