Small cap investors wary on tech in 2021
They re looking outside the tech sector for returns, particularly stocks likely to perform well as people return to normal life.
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Small cap investors are looking outside the tech sector for returns in 2021, predicting the strong rally across the last few years will finally come to an end as the economic recovery dominates market action.
1851 Capital s Martin Hickson.
Christopher Pearce We’ve been avoiding a lot of the high growth tech stocks. Many have low levels of revenue, no profit for the next five years and we think the sector will come under pressure. There s not a lot of valuation support there, says 1851 Capital portfolio manager Martin Hickson.