Facebook, Dell: Should You Look At Value Tech Stocks As Rates Rise?
- Monday, May 23, 2022, 7:12
- Market
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Our theme of Value Tech Stocks – which is comprised of tech stocks with a market cap of over $5 billion and a price to earnings multiple of under 20x – has declined by almost 19% year-to-date, although it has outperformed the broader Nasdaq-100 index, which remains down 28% over the same period.