The AI Stock Rally Stumbled This Week. Here Are 3 Reasons Analysts Say to Stay the Course
Key Takeaways
- Big tech stocks slumped throughout most of the week as valuation concerns and macroeconomic jitters weighed on risk assets.
- Mega-cap tech stocks are more under-owned by large institutional money managers than at any point in the last 16 years, according to Morgan Stanley.
- UBS analysts note Big Tech is expected to continue to post strong revenue and earnings growth in the coming quarters,