AllianceBernstein's Qiu: Debunking the myths of high-priced tech stocks
Where now for the sector?
Lei Qiu of AllianceBernstein
Until recently, technology stocks seemed unstoppable. Giants such as Apple and Microsoft, as well as technology-driven consumer firms such as Amazon and Alibaba Group, continue to do well through the COVID-19 pandemic.
Meanwhile, an emerging group of resilient, innovative leaders, ranging from cloud-based service providers and fintech to ecommerce enablers, also showed solid growth, fueled by rapid business and consumer...
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