Tech Stocks Outlook: A Bit Further to Go in 2024 According to Strategist
Wednesday, 18 September 2024, 07:46
Tech Stocks Outlook: Q4 2023 and Beyond
As we approach the end of 2023, tech stocks are positioned to extend their gains into 2024. Keith Lerner, co-chief investment officer at Truist, emphasized that investors should remain optimistic despite the looming volatility seen in the markets, indicated by the (^VIX) index.
Market Volatility and Tech Stocks
While seasonal volatility can create challenging conditions, Lerner's analysis offers a reason to maintain a bullish stance.
- Current market dynamics suggest tech stocks could outperform other sectors.
- Investors are advised to keep an eye on tech trends as we transition into the new year.
Key Considerations for Investors
- Monitoring tech stock performance in light of macroeconomic factors.
- Assessing the impact of earnings reports in Q4.
Ultimately, Lerner's views shed light on how strategic investments in tech can benefit portfolios moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.