If you invested in tech stocks in 2022, chances are you're sitting on a loss right now. The tech-heavy Nasdaq Composite is down more than 30% this year. That's worse than the S & P 500 or the Dow Jones Industrial Average , which have lost about 20% and 10% of their market values, respectively, in the same period.
I still think the cloud has a lot of legs, not just in the US, but also abroad," Meeks, a portfolio manager at Independent Solutions Wealth Management, told CNBC in an interview last month. Wedbush analyst Dan Ives, a longtime fan of the cybersecurity sector, wrote in a Dec. 18 note that spending on cybersecurity will be a "pillar of strength" for the tech sector in 2023. His top picks include Palo Alto, Zscaler and Tenable Holdings .
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Stock Market Crash: Expert Warns of 'Far Deeper Retreat' for S&P 500A notorious market bear who called the dot-com bubble warns stocks are still as overvalued as they were in 1929 and 2000, setting up the S&P 500 for a 'far deeper retreat' and a decade of negative returns RemindMe_OfThis in 952 days all tech stocks including the fake Tesla must come back to 2018 levels & the stock analysts who do valuations must be taken to task for loosing so much of wealth of common people …pricing of products Tesla’s EV, apples IPhone, Meta & Googles Ad revenue should questioned by all Predicts 5 out of the last 2 market crashes
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