- With the U.S. election in less than a week, markets are being worn down by the uncertainty surrounding policy outcomes and COVID-19 is exacerbating tensions further.
- Investors are looking for more alpha-generating gains in names that are COVID-proof (ie. large cap tech stocks), and this is where the play is going forward.
- The perception of economic growth in large cap tech stocks will propel their prices up further for the rest of 2020 through the beginning of 2021.
For further details see:
Big Tech Will Get The Best Returns Over The Next Two Years: Kalayjian