Some experts are warning that tech stocks are becoming overvalued and are due for a crash reminiscent of 2000.
Morgan Stanley's Michael Wilson breaks down four reasons why he thinks this isn't the case, and gives investment strategy advice to profit from gains over the next 6-12 months.
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Shares of several tech companies have climbed to historic highs in recent weeks, propelled by insatiable demand from investors as people around the world spend more time working and entertaining themselves at home in an effort to slow the spread of COVID-19.
Now, some investors are starting to develop a fear of heights.
The steepening valuations of tech stocks are leading some experts to warn of an imminent crash, drawing comparisons to the 2000 dot-com bubble and subsequent crash. And they may be onto something.
