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Market's tech focus is 'shortsighted,' with a broader bull run coming, portfolio manager says

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cnbc.com/2023/05/18/big-tech-stocks-markets-tech-focus-is-shortsighted-portfolio-manager-says.html

The market's affinity for Big Tech stocks this year is "shortsighted," according to portfolio manager Freddie Lait, who said the next bull market phase will broaden out to other sectors offering greater value.
Shares of America's tech behemoths have been buoyant so far in 2023. Apple closed Wednesday's trade up almost 33% year-to-date, while Google parent Alphabet has risen…

This story from cnbc.com was posted on 2023-05-19 by @wildpursuit.

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