Barclays analysts report that US tech stocks are currently trading at significant premium ...Middle East

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Barclays analysts report that US tech stocks are currently trading at significant premium
source : forex live ( Middle East ) () 14
Barclays analysts say that US tech stocks are now trading at nearly a 25% premium. Main points from the note:November’s historically strong start led to substantial multiple expansion in techThis has left the sector group trading at an even higher premium to long-term median P/E than it was at the end of 3QLarge tech names are among the few seeing EPS estimates move upWhile their share prices are increasing even faster.tech sector as a whole is now trading at the 95th percentile of its 10-year range This article was written by Eamonn Sheridan at www.forexlive.com.

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