Young: The Future is Big Tech
Chief Investment Strategist Alec Young discusses Big Tech on Schwab Network; he shares why you should buy the dip in mega cap Tech stocks.
“Yields consistently above 4.5% equate to equity volatility”, says Alec.
He shares the correlation between sharp upticks in yields leading to a “shock to the system” for stocks.
Volatile “Upward Spiral” in Yields & Risk Appetite Impacts
On the Mag 7, Alec considers Meta Platforms (META) a “favorite” while listing Tesla (TSLA) as a “riskier” play on the future.
Nvidia (NVDA) is another stock Alec expects to thrive if it continues current growth projections.
