News > US

Bank of America says these 2 areas in technology are still undervalued and have room to run in 2021

1 month ago   |   By Business Insider

Summary List Placement
After a year dominated by mega-cap tech stocks, Bank of America says the technology sector has more room to run in 2021.
But next year's trade will be about enterprise technology stocks like software, as well as areas of tech sensitive to the economic recovery like semiconductors, according to Savita Subramanian, the bank's head of US equity and quantitative strategy.
"The world is long FAANG," said Subramanian, but software and semiconductors aren't at as much of a crowding risk.
"Technology to us is secular growth with a cyclical price tag," the strategist told a...
Read more ...

 


Search by Tags

   US      Technology      Tech      Running      Economics      Americas      Banking      Trade      Business      Investor  


Covid latest: UK reaches grim milestone with highest death rate in the world

Covid latest: UK reaches grim milestone with highest death rate in the world

THE UK now has the highest coronavirus death rate in the world. Read more ...

Martin Luther King Jr. would be greatly disappointed in the nation and Trump...

Martin Luther King Jr. would be greatly disappointed in the nation and Trump says his son on MLK Day

Martin Luther King III is speaking out about his late father's 'fight against poverty and income inequality' on Martin Luther King Jr. Day. Read more ...

Coleen Rooney and Rebekah Vardy 'will hold head-to-head peace talks via Zoom'

Coleen Rooney and Rebekah Vardy 'will hold head-to-head peace talks via Zoom'

A mediator will moderate the video call talks between Coleen Rooney and Rebekah Vardy, it is understood, as England's third national lockdown means they cannot meet in person. Read more ...

Test and trace consultants are earning average of £1,000 a DAY

Test and trace consultants are earning average of £1,000 a DAY

The Government is paying an average of £1,000 a day to each consultant working on the Test and Trace programme. Deloitte has 900 employees working for the service. Read more ...

World faces 'catastrophic moral failure' in race to vaccinate against Covid...

World faces 'catastrophic moral failure' in race to vaccinate against Covid, WHO warns

Read more ...

Melania Trump says 'violence is never the answer' in farewell video touting...

Melania Trump says 'violence is never the answer' in farewell video touting her 'Be Best' campaign

Melania Trump denounced violence and called on Americans to 'be best' to one another in a farewell video but she still hasn't reached out to incoming first lady Jill Biden. Read more ...

Britain now has the highest daily Covid death rate in the world

Britain now has the highest daily Covid death rate in the world

Statistics compiled by the Oxford University-based research platform Our World in Data shows no other country currently has a higher death rate per capita. Read more ...

Arsenal vs Newcastle United, Premier League: live score and latest updates

Arsenal vs Newcastle United, Premier League: live score and latest updates

Read more ...

Capitol rioter 'threatened to shoot his own kids if they turned him in to FBI' 

Capitol rioter 'threatened to shoot his own kids if they turned him in to FBI' 

Guy Reffitt, 48, of Texas who was arrested in connection to the riot at the Capitol on January 6 allegedly threatened to shoot his children if they became 'traitors' and turned... Read more ...

UK records another 599 Covid deaths and 37,535 cases - but over 4M now...

UK records another 599 Covid deaths and 37,535 cases - but over 4M now vaccinated

THE UK recorded another 599 coronavirus-related deaths and 37,535 cases on Monday but more than 4 million people have now been vaccinated against the disease, according to the... Read more ...