This is not like the 90s tech mania because these companies have dependable profits, says SunTrust

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New for subscribers: This is not like the 90s tech mania because these companies have dependable profits, says SunTrust Check out CNBCPro for a free trial.

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A handful of tech names have led the market's rebound since the coronavirus-induced sell-off in March, and as these companies become an ever larger share of the overall market, some investors have started to sound the alarm over potential risks. "Concerns of another technology bubble are rising," said Keith Lerner, chief market strategist at SunTrust, in a recent note to clients. "There is also growing concentration risk, with the top five stocks now accounting for 22% of the S&P 500 Index."

 

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Pro Tesla does not

Pro Says the company with a $6.00 stock price.

Pro oh okay

Pro utter utter vested interest charlatan permabullshit from them and shame on you for continually pushing this tripe

Pro But their valuations are way out of whack relative to their profits.

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