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Blackstone CEO Schwarzman says investors can buy both pricey tech and cheap stocks that haven't yet rebounded | Markets Insider

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Blackstone CEO Schwarzman says investors can buy both pricey tech and cheap stocks that haven't yet rebounded

Blackstone CEO Stephen Schwarzman said investors can buy both expensive technology companies right now and companies that have not yet rebounded.

Schwarzman said that the rapidly growing"digital revolution" will continue to support technology companies.Blackstone CEO Stephen Schwarzman said both expensive technology companies and companies that have not yet rebounded are attractive investments in a panel at the CNBC Institutional Investor Delivering Alpha Conference on Wednesday.

"Not all companies have recovered their valuations," Schwarzman said."So it gives you a chance to play some technology things because of the power of what's going on in that area as the world's going digital at a much faster rate exists, and it also is possible to buy some other companies that haven't rebounded to the same degree.

 

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