In a report Tuesday, she posed the question of when investors should buy all of tech, and answered by saying they should wait until “everyone stops asking” when to buy.
“Before that it might be a falling knife or dead money,” she wrote.
The NYSE Fang+ Index, home to the likes of Apple, Amazon and Alibaba Group Holding Ltd., is nearing a 10% drop for the month. If losses hold, it will be the biggest monthly decline since March 2020, when Covid-19 wreaked havoc in financial markets.
This article was provided by Bloomberg News.