This Top Performing Hedge Fund Thinks Tech Stocks Are Undervalued And DEFENSIVEMichelle Jones
Tech stocks continue to be a source of debate on Wall Street, with many fund managers blasting the runaway valuations while others dive in deeper and deeper. RBI Capital has been shorting tech for a few years but isn't ready to stop because of how high the valuations have become. However, Alkeon Capital is of the opposite opinion. The fund believes tech stocks are significantly undervalued and set forth its arguments in its first-quarter letter to investors . . .
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