Big Tech 'the place to be' to wait out economic risks: Strategist

Yahoo Finance Video
1 年前

Amid market uncertainty over the past few months, eToro Global Markets Strategist Ben Lailder joins Yahoo Finance Live to discuss where the best "buy low" opportunity is.

“Big Tech is the place to be,” Lailder says. “This rally so far has all been about valuation. I think earnings need to pick up that baton. We’re going to see the end of the earnings recession, you know, coming in the third quarter results… it’s tech that’s going to lead you sort of out of that."

Laidler states that investors should be "hiding out" in Big Tech if they are generally concerned about an impending economic slowdown or recession. He notes this prioritization as a "changing narrative of the market" as investors worry less about valuations.

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