Reported about 16 hours ago
Goldman Sachs strategist Peter Oppenheimer believes it is premature to worry about a bubble in US technology stocks, as the current rally is supported by strong earnings growth rather than pure speculation. While he acknowledges that tech valuations are becoming stretched, they are not yet at historical bubble levels. Oppenheimer advises investors to diversify and remains optimistic despite rising valuations and cautious sentiments in certain sectors, emphasizing the stability of leading tech companies' balance sheets.
Source: YAHOO