Surveillance: Purchasing Power with Meyer
Bloomberg Surveillance
00:00
What's Next for Tech Stocks?
Investors have sort of gotten used to it. We're in the eighth, ninth inning. Now it just comes down to valuations relative to the last five years based on growth. That's why I think right now, why these tech names continue to move higher because what we see with fundamentals, demand holding up. And you have all that baked into the stocks, which is why these stocks have moved up on lowered guidance and B plus type earnings.
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