The growth stock maven thinks official persecution will squelch valuations, especially of promising tech titans.
PE is a much better way to own technology companies, and there are more pickings, the bank argues.
Rotation blues: Tech, small-caps, and utilities are off now, with homebuilders among those that could get dumped next.
The tech trend is feeling its age, but freight-moving companies are primed for an expanding economy, says Fundstrat’s Lee.
Tech won’t really suffer that much because there’s so much new innovation, he argues.
Investing will be somewhat different in the world after the pandemic, Capital Group says.
Regulators accuse social media giant of deceiving users and investors.
Move comes during a regional boom for new tech firms.