JPMorgan’s Matejka Says Tech Stocks Look Ripe for Re-Engagement
JPMorgan Chase strategists suggest technology stocks are poised for a rebound. Factors including strong earnings and improved valuations are expected to attract investors back to the sector.
Technology stocks are set to regain some of the momentum they’ve lost since the end of the first half as reduced crowding, strong earnings and more realistic valuations pull investors back toward them, according to JPMorgan Chase & Co. strategists.
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