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
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
