Big Tech's dominance in S&P 500 may end due to narrowing earnings, favoring value stocks.

From Investing.com: 2024-06-03 07:47:02

Bank of America analysts predict the end of Big Tech dominance in the S&P 500. Tech’s outperformance driven by earnings may narrow significantly by Q4 2021. Global regime models favor deep value and cyclical stocks over Tech since February. Companies reliant on capex-driven sales could face growth slowdown. Higher interest rates may make cash flow and dividends more attractive compared to Tech stocks.



Read more at Investing.com: Four reasons why Big Tech’s reign will end By Investing.com