Double down on epicenter stocks and avoid Big Tech, market bull Tom Lee suggests
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cnbc said that Fundstrat Global Advisors’ Tom Lee sees a major market shift underway in which Big Tech starts to greatly underperform economically sensitive stocks.So, he’s telling investors to double down on epicenter trades, which are positioned to profit as the economy reopens.
“A lot of these companies that were shut down, whether it was industrials or energy or the travel or cruise industries, really cut costs,” the firm’s co-founder and head of research told CNBC’s “Trading Nation” on Wednesday. “We’re going to be surprised by the amount of operating leverage.”
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CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
