Workflow
Tech Turns New Safe Haven Defying Rate Cut Concerns: 5 Picks
ANETArista(ANET) ZACKS·2024-06-18 13:11

The technology sector is firing on all cylinders. Barring some minor fluctuations, Wall Street has been witnessing a strong bull run in the last 18 months, predominantly driven by technology stocks.During this period, any dip in this sector has proven beneficial to enter the market as technology stocks have rebounded more aggressively. This is likely to continue in the future too, uplifting the technology sector as the new “safe haven.”Wall Street’s broad-market index — the S&P 500 — registered 30 record-cl ...