Search Results for: tech

Tech Inflows Investors continue to rush into tech, despite the growing concerns of a potential bubble forming in the tech sector. Image: BofA Global Investment Strategy

Free Cash Flow Margin for S&P 500 and Tech Sector The free cash flow margin for the tech sector has risen from less than 5% in the aftermath of the Internet bubble to more than 23% today. Image: J.P. Morgan Asset Management

Valuation – Banks vs. Tech FMS investors say banks are undervalued vs. tech. Image: BofA Global Fund Manager Survey

Valuation – Consensus FY2 P/E Multiple – Information Technology vs. S&P 500 S&P 500 valuations remain high, particularly info tech stocks. Image: Goldman Sachs Global Investment Research

Flows into Global Tech Equity Funds Investors rush into tech, as they become more bullish. Image: Goldman Sachs Global Investment Research

Valuation – MSCI World Tech 12M Fwd P/E Relative Chart suggesting that MSCI World Tech relative P/E doesn’t appear expensive. Image: J.P. Morgan

Correlation – MSCI U.S. Tech Relative vs. U.S. 10-Year Bond Yield This chart suggests the good correlation between tech relative and U.S. 10-year bond yields (inverted). Image: J.P. Morgan

Performance – S&P 500 and Tech Sector If the S&P 500 was just the tech sector, it would be at 4322. Image: BofA Global Investment Strategy

% of Tech Outperformance Explained by Bond Yields Chart suggesting that falling bond yields lead to tech outperformance more than ever. Image: BofA Research Investment Committee

Energy and Financials Stocks vs. Healthcare and Tech Stocks This chart highlights the polarization in sector dominance. Image: BofA Global Investment Strategy