Will the Win-Streak Continue? 6/23/23
Halftime Report
00:00
The Tech Sector Is Trading at 28 Times Forward Earnings
The tech sector is trading at 28 times forward earnings. That's back to the pre-pandemic peak. It's a 45% premium to the market with a 10-year average of 9%. The Fed's over there, pound in the drum, pay attention. Rates are headed higher. And frankly, I think these stocks are a little expensive.
Transcript
Play full episode
