Big Tech stocks: It's time to go bargain hunting, analyst says

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Dan Ives ข่าว

Big Tech,Federal Reserve,Market Domination

The tech sector (XLK) faced a large sell-off in the past couple of trading days, now witnessing a bounce back on Tuesday. While some on Wall Street are...

) faced a large sell-off in the past couple of trading days, now witnessing a bounce back on Tuesday. While some on Wall Street are concerned about a recession, wondering if the Federal Reserve waited too long to make cuts, others may seem this as a buying opportunity.

Wedbush Securities Managing Director, senior equity research analyst Dan Ives joins Market Domination to discuss the recent sell-off in tech and what investors need to know if they plan on buying the dip. Ives tells investors,"For Big Tech, these are the buying opportunities... these global sort of white-knuckle moments, you buy high quality, large-cap tech" Ives adds later,"Look at the fundamentals. I mean, we just came through a tech earnings season that was actually pretty robust relative to, I think, Big Tech, cloud, and AI. Look at Palantir last night, just another, you know, monster performance. So we're kind of looking at what are the fundamentals look like.

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Stock market news today: Nasdaq sinks, Nvidia drops 7% ahead of Big Tech earningsA packed day of earnings and the start of the Fed's July meeting continue a potentially pivotal week for stocks.
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