Tech Sector Expected to Thrive Despite High Valuations, says Strategist

Reported about 1 year ago

JPMorgan Private Bank US Equity Strategist Abby Yoder remains optimistic about the stock market, especially the tech sector, despite slightly high valuations. Yoder notes that impressive earnings growth, driven by the tech industry's performance, is expected to continue and that tech companies will 'grow into those valuations' as positive earnings come in throughout the year. Yoder also expresses confidence in sectors like healthcare, industrials, and consumer discretionary as potential top performers in the market.

Source: YAHOO

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