Navigating the Tech Stock Market: Insights from Comgest's Streeter.

Strategists at Citi argue that tech stocks like Nvidia, Microsoft, Meta Platforms, and Alphabet look more like sells due to their soaring valuations. The Nasdaq 100's forward P/E ratio is over 27 times, compared to the S&P 1500's roughly 18 times. Tech multiples aren't so expensive when adjusting them for the earnings growth Wall Street expects, but a comparison of tech valuations to those in other sectors tells a different story. Other opportunities in the market might look better, such as economically sensitive stocks outside of tech.