Evercore
Tech Stocks Not in 2000-Style Bubble, Says Evercore Strategist
According to Julian Emanuel, a strategist at Evercore ISI, technology stocks are not currently in a dotcom-era bubble. Emanuel believes that tech stocks will eventually resume their climb and that the current market conditions are not indicative of a bubble.
While some investors may be wary of tech stocks due to the volatility of the market, Emanuel suggests that the current market conditions are not the same as those seen during the dotcom bubble. He argues that the current tech stocks are more mature and have a stronger foundation than those that existed during the dotcom era.
Conclusion
Overall, Evercore's Julian Emanuel believes that tech stocks are not in a bubble and that the current market conditions are not indicative of a crash. While there may be some volatility in the market, Emanuel suggests that investors should not be overly concerned about the future of tech stocks.