TECH - Top Analyst Remains 'Very Bullish' About '3 To 5 Year Bull Market' Despite Tech-Induced Market Pullbacks | Benzinga
Noted tech analyst and Tesla Inc. bull Gene Munster reassured investors amid a tech stock rotation.
What Happened: During CNBC’s “Squawk Box” on Thursday, Munster highlighted that the market pullback in recent times is much better than the pullback during the dot-com bust era.
“It is normal when the market is so strong for investors to get near-term nervous about some events, yesterday be it commentary from Trump and Biden around regulation and treatment of Taiwan,” Munster said.
“But at the end of the day, the fundamentals are going to power AI. They are much more powerful than politics and I’m still very bullish that we are in a three to five-year bull market.”
Munster also pointed out that private AI ...