Inc Mag: “Big Tech Stocks Like the Magnificent 7 Suddenly Look Cheap”
By datatrekresearch in IN THE NEWS
Excerpt from Inc Magazine quoting DataTrek:
... "According to DataTrek Research, all other S&P 500 sectors remain above their five-year average valuation, with the benchmark itself trading at a 6% premium against its recent history.
Technology, meanwhile, currently hovers at a 9.3% discount against its last five years.
In other words, the market’s most frothy valuations have spread well beyond Silicon Valley.
The sector that takes the most criticism for driving froth and bubbles is actually cheaper than the rest of the market"...
Full article here on Inc Magazine.
