Peter Hargreaves: Expensive tech stocks now look 'cheaper'

Traumatic stockmarket falls have created value

David Brenchley
clock • 1 min read

The coronavirus sell-off has opened up an opportunity for investors to snap up stocks deemed by many to be too expensive just months ago at cheaper prices, according to Peter Hargreaves.

Hargreaves, chairman of Blue Whale Capital, noted that some of the best times to invest have come at the height of a bear market, but cautioned the world has changed and those stocks that had "come good" in past recoveries may not fare as well in 2020. Those winners today, he suggested, are more likely to come from "businesses at the forefront of the new economy", which he claimed were now "a lot cheaper" than they had previously been. Anthony Bolton: Don't get more bearish as markets go down The founder of investment platform Hargreaves Lansdown said he had considered "relevant ex...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Market Movers blog: European equities continue to decline as Iran-Israel conflict persists

Market Movers blog: European equities continue to decline as Iran-Israel conflict persists

Latest news and analysis

Investment Week
clock 19 June 2025 • 1 min read
B2Prime Group's Eugenia Mykuliak: Liquidity is the next competitive edge

B2Prime Group's Eugenia Mykuliak: Liquidity is the next competitive edge

'Risk of AI-triggered selloffs is real'

Eugenia Mykuliak
clock 18 June 2025 • 4 min read
Emerging markets investment trusts winning from US stumble

Emerging markets investment trusts winning from US stumble

Weaker US dollar an 'important driver'

Patrick Brusnahan
clock 17 June 2025 • 2 min read
Trustpilot