None
EN
3 realities from the summer tech stock rout you are probably overlooking
['Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Positives have started to emerge in beaten-up tech stocks that could entice investors to jump back in despite a host of concerns.
Quick insight: Tech stocks have corrected about 11% since their early June peak, according to Truist chief investment officer Keith Lerner.
The sector's valuation (forward P/E) premium versus the S&P 500 (^GSPC) has narrowed to 13%, down materially from the nearly 50% peak seen earlier in the bull market.
Bottom line: The moment may have arrived when there's some unbeatable value in the tech stock patch.
Click here for in-depth analysis of the latest stock market news and events moving stock pricesRead the latest financial and business news from Yahoo Finance