Asset Allocation
What Stocks Will Be the Big Winners Up Ahead? Why, Tech
LPL sketches out the case for continued market leadership from the technology folks.
That has happened just once since 2009, but CFRA’s Stovall expects a re-run.
Wide dispersion in stock sectors suggests a slide ahead, says Sam Stovall, citing market history.
As the tech stars dim, other sectors are charging upward, thus triggering the next breakout, CFRA sage declares.
Legacy stocks are leaders now, but 5G and other digital revolutions promise to return the disregarded innovators of yore to the fore again, Citi says.
Strong tech outfits like Apple and Facebook help American equity returns power ahead of other nations’ markets.
Earnings growth is threatened by the epidemic, which has shut down much of China’s economy, strategist says.