• Tech stocks can soar another 25% as reopening boosts digital transformations, Wedbush says

    1 month ago - By Business Insider

    Summary List Placement
    Tech stocks will climb 25% or more over the next year as economic-reopening progress spurs new growth, Wedbush said Tuesday.
    FAANG, cloud, and cybersecurity names will lead the climb, while Uber and Lyft represent the best reopening plays, they added.
    Valuation concerns are valid, but secular trends lifting the group will offset such worries, according to Wedbush.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    The trends poised to lift all manner of tech stocks are only just beginning, Wedbush analysts Dan Ives and Strecker Backe...
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  • Tech stocks can soar another 25% as reopening boosts digital transformations, Wedbush says

    Tech stocks can soar another 25% as reopening boosts digital transformations, Wedbush says

    1 month ago - By Business Insider

    Spencer Platt/Getty Images
    Tech stocks will climb 25% or more over the next year as economic-reopening progress spurs new growth, Wedbush said Tuesday. FAANG, cloud, and cybersecurity names will lead the climb, while Uber and Lyft represent the best reopening plays, they added. Valuation concerns are valid, but secular trends lifting the group will offset such worries, according to Wedbush. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The trends poised to lift all manner of tech stocks are only just beginning, Wedbush analysts Dan Ives and Strecker Backe said...
    Read more ...