#techstock #tech #2025 #yahoofinance
Tech stocks pull back after the Federal Reserve delivered a hawkish cut at its final meeting of 2024. BMO Wealth Management chief investment officer Yung-Yu Ma joins Madison Mills and Julie Hyman on Catalysts to discuss his 2025 outlook for tech stocks.
"We think, going into 2025, we still want to be leaning into risk here. We think the pullback in the tech sector, in particular, probably presents opportunities here. We think there’s still a lot of growth to come," Ma says, adding, "We think there is broadening, especially among tech companies, that help other companies become more efficient and improve productivity using some of those AI tools in ways that benefit companies."
The strategist notes, "We don’t think it’s just going to be about the megacap tech names. Those will do well, but we do think it’s going to broaden to a tech space that includes a lot of other tech companies, mid caps as well, that benefit from these technology trends and AI implementation."
Watch the video above to learn more about Ma’s perspective on valuations in 2025, earnings expectations, and more.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Naomi Buchanan.
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