The post-election rally has been nothing short of explosive, with the S&P 500 blasting off over 2.5% in response to Donald Trump’s presidential victory. Meanwhile, the tech-heavy Nasdaq 100 was up 2.7%, as tech plays large and small powered higher on hopes for favorable policy changes, most notably lower corporate taxes and less regulation. Indeed, the AI boost began to wobble and wane for part of the summer. As the Trump trade takes hold, perhaps investors have more reasons to pursue tech stocks despite their bid-up multiples.
In this piece, we’ll look at three tech stocks that, in my view, are still enticing despite having the Trump 2.0 optimism already (partially) priced into the market and the tech sector.
This post originally appeared at 24/7 Wall St.