(CNBC) Cyclical stocks that do well in a stronger economy are widely expected to lead the market higher this year, but don’t count out big tech stocks altogether — they may provide shelter in any market storm. When the major stock indexes hit record highs across the board Wednesday, the FANG names were right there with them, leading the market higher. For the week so far, communications services is the best-performing sector, up 6% followed by tech, which has risen 4.5%.
Risk and reward could continue to be high in FANG stocks, even if they lag this year
This entry was posted in Syndicated. Bookmark the permalink.
