Waning 'tech wreck' is a buying opportunity for investors

clock • 2 min read
Waning 'tech wreck' is a buying opportunity for investors

Tech stocks have been radically beaten-up in recent months as interest rates are hiked, but savvy investors are now starting to increase exposure to this currently out-of-favour sector, according to Nigel Green, chief executive and founder of deVere Group. The tech-heavy Nasdaq 100 futures rose ahead of the open on Monday, as major indexes snapped long weekly losing streaks on Friday. Green said: "The tech-heavy Nasdaq has shed almost 27% of its value so far in 2022.  And earlier this m...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login