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Goldman Sachs say equity sell off made valuations for technology stocks historically cheap

A note via Goldman Sachs on Monday ahead of the NASDAQ rally:US equities hang on for a gain as the Nasdaq leads the wayGS says:the selloff led to historically cheap valuations for technology stocks at a time when earnings estimates are still risingand that this is an indication that shares can resume the bullish run they staged earlier this year---I know, I shoulda told y'all this a good few hours ago. This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Oct 2 2023, 21:42
Author Name: forexlive
Views: 082967