- All the market chatter about rising inflation and interest rates have spooked some investors out of big-tech growth stocks.
- I advise investors not to follow that narrative. In my opinion, the fundamental growth catalysts for these top performers have never been better.
- Since these companies are already cash-rich and deliver tons of additional FCF every quarter, they have no need to borrow money at any interest rate.
- Meantime, in case you haven't noticed, interest rates are still very accommodating: the 10-year Treasury yield is hovering around 1.4%, the effective Fed Funds rate is still 0%.
For further details see:
SCHG: Don't Give Up On Big-Tech Growth Stocks