Tech stocks hit all-time highs as Micron shares surge

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The Technology Select Sector SPDR Fund surged to an intraday all-time high on Monday, bringing its year-to-date gains to nearly 46%.

which traded 4.5% and 6.9% higher. Micron is trading at its 52-week high, on pace for its best day in two months.The equity research firm upgraded Western Digital on the expected ramp-up of the 5G smartphone build cycle. The firm also recommended Micron as it sees an attractive risk/reward for the chip maker.

However, one of Wall Street's top technology analysts is warning that the sector has gotten too expensive. In a note to clients on Monday,the sector is currently trading at 22 times earnings, the highest level for the group in 15 years. "Given elevated valuations and elevated expectations for high priced stocks, we believe risk remains high in tech," Sacconaghi said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Micron, the most popular toy in the manipulation box.

Micron had been stolen 8 billion dollars by CCP and they still have a life?!Shocking...

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Condé Nast signs 'video-first' deal with ad tech company Mirriad - Business InsiderLondon-based startup Mirriad will place ads into popular video series like Wired's 'Autocomplete Interviews' and Bon Appétit's 'Test Kitchen.'
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

10 things in tech you need to know today - Business InsiderAmazon-owned Ring has said it will introduce new security features after hackers broke into a camera in a child's bedroom.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Neil deGrasse Tyson sees big business running with government space tech the way it did with GPSThe bestselling astrophysicist points to the military's development of GPS and the industries that popped-up in the private sector as a blueprint for the space industry. The typical extremist greatweet Neil deGrasse Tyson sees big business running with government space tech the way it did with GPS. see/saw/seen run/ran/run😀😀😀 Check it out! kindle kindleUnlimited ingles english
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »