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2026-04-07 04:08:44
[Senior Strategist Yardeni Says Tech Stocks Are Attractive After Correction] Senior strategist Ed Yardeni points out that after the correction from last year's record highs, tech stock valuations have now returned to an attractive range for investors looking for long-term investments. Due to the uncertainties surrounding the impact of artificial intelligence on software businesses, and the emerging effects of the situation in Iran, the information technology sector has seen its share prices fall 13% since hitting a record closing high in October. During this period, market expectations for the sector's earnings have accelerated upwards, pushing the sector's price-to-earnings ratio to 20.6, very close to the S&P 500's 19.6. In a report to clients on Sunday, Yardeni stated, "For investors with a multi-year investment horizon, now is a suitable entry point."
