Rate fears just another ‘white knuckle moment’ for tech stocks, says this analyst who’s forecasting rebound of at least 10%
October 05, 2021 at 05:56 AM EDT
To closely followed tech analyst Dan Ives of Wedbush Securities, this is just a "white knuckle moment" that will soon pass. Ives says the worries around rising yields and growth stock valuations will give way to a year-end rally of at least 10%.