Senior strategist Yardeni believes that technology stocks have become attractive after the pullback.

GateUser-bd883c58 · 2026-04-06T20:24:40+00:00

Senior strategist Yardeni pointed out that technology stocks have become attractive again after a pullback, due to upward revisions in earnings expectations. Despite uncertainties and conflicts, long-term investors may see this as a good entry point.

GateUser-bd883c58

2026-04-06 20:24:40

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Ask AI: Why Does the Acceleration in Upward Revisions to Profit Expectations Become the Key to the Attractiveness of Tech Stocks?

【Senior strategist Yardeni says tech stocks have become attractive after the pullback】According to a report by Caixin on April 7, senior strategist Ed Yardeni said that after a pullback from record highs reached since last year, tech stocks have returned to levels that are attractive for investors willing to take a long-term view. Due to uncertainty surrounding the impact of artificial intelligence on software business, as well as the effects brought by the conflict in the Middle East, the share prices of the information technology sector have fallen 13% since it hit a historical closing high in October. During this period, accelerating upward revisions to earnings expectations for the sector drove its price-to-earnings ratio to 20.6x, close to the S&P 500 index’s 19.6x. “For investors with a multi-year investment horizon, this is an attractive time to enter,” Yardeni said in a report sent to clients on Sunday.

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