Latest News

Barclays chief stock strategist says Covid recovery trade is over, go back into Big Tech


The logos of Amazon, Apple, Facebook and Google.


The pandemic recovery trade has run its course, and now it’s time to get back into Big Tech stocks, one market strategist told clients Tuesday.

“We believe market leadership is likely to change from cyclical to secular growth stocks as the Covid recovery trade has mostly run its course. Secular growth stocks look favorably positioned to benefit from the digital transformation that got accelerated during Covid,” Barclays head of U.S. equity strategy Maneesh Deshpande said in a note.

Peloton reportedly venturing into wearables market with digital heart rate armband

Previous article

Track star Allyson Felix launches her own shoe brand after breaking up with Nike

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News