HSBC: Tech stocks have a long way to go
Livewire
HSBC: Tech stocks have a long way to go. Technology stocks will go nuts in 2015 thanks to growth in the U.S. and the normalization of interest rates, HSBC told CNBC. Rejecting the idea of bubble in technology equities, HSBC Global Asset Management's head of absolute return, Charlie Morris, said investors need to look at large cap growth stocks. There is a long way to go here. People have been chasing in the search for yield dividend stocks, corporate bonds and so on, that's the wrong place to be. The right place to be is in growth and you know U.S. large cap growth is the theme, Morris told CNBC in a TV interview. (VIEW LINK).
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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