Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Tech stocks are thriving on expectations for a divided government in 2021. Wedbush analyst Dan Ives thinks the sector can rally another 10% to 15% by 2021.
Wall Street is largely preparing for a divided government after forecasting a blue wave in recent months. The likely outcome, while impeding plans for near-term stimulus, erased Democrats' chances to raise corporate taxes, strictly regulate industries, and reverse other Trump-administration policies.
"With a nirvana election scenario and fundamental drivers for tech names gaining momentum, we continue to be bullish on owning the secular growth stories for 2021," Ives wrote.From flipping burgers at McDonald's to a self-made multimillionaire: How Willie Mandrell leveraged a simple real-estate investing strategy to acquire 40 units and achieve financial freedom
The Justice Department's lawsuit against Google looms large, but is more a long-term threat than something that shapes today's market landscape, he added.
What election results?