Goldman Sachs flags generational buy for U.S. tech
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Goldman Sachs identifies a generational buying opportunity for U.S. tech stocks, calling it a rare chance to purchase beaten‑down shares.
- Peter Oppenheimer, chief global equity strategist at Goldman Sachs, leads the team issuing this recommendation.
- U.S. tech stocks have posted their weakest relative returns versus the broader market in 50 years, marking the worst performance stretch in half a century.
- Goldman Sachs says investors now have the best opportunity in decades to buy the sector‑down tech sector as broader market gains favor other sectors.
Why it matters: Investors can snap up U.S. tech shares at historically low relative valuations, while the sector is positioned to receive fresh capital as money shifts away from stronger‑performing assets. Meanwhile, broader market gains are bolstering other countries, sectors and factors, highlighting the relative attractiveness of the tech dip.
Ask SkimNews
