Will Tech Stocks Recover In 2024. Tech companies in the s&p 500 average a dividend yield under 2%. Tech stocks gained ground in 2023 after shaking off the bear market.
Now it’s down a 51.7% for that time span. His conclusion at the time — that if the tech bubble of more than 20 years ago was any guide, the stocks had farther to fall — has since been borne out.
Roberto Rivero Jan 4, 2024 30 Min Read.
Tech stocks gained ground in 2023 after shaking off the bear market.
The Stock Was Up 125% For The Prior Three Years At The End Of 2021.
Tech stocks put in an almost universally dire performance in 2022,.
Investors Who Missed The Year's Unexpected Rally May Be Wondering If There Still Is Room In 2024 To Dip Their Toes Into Magnificent Seven Stocks, Given A Backdrop.
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1 Stock Bound To Rise In 2024.
History suggests the rally could have further to run.
His Conclusion At The Time — That If The Tech Bubble Of More Than 20 Years Ago Was Any Guide, The Stocks Had Farther To Fall — Has Since Been Borne Out.