CITIC Securities: Continue to highlight the allocation opportunities in US tech stocks

Glonghui, April 10｜A CITIC Securities research report indicates that the allocation opportunities in US technology stocks continue to be noteworthy. Current valuations have been significantly compressed, with the technology sector’s valuation premium relative to the overall market nearly disappearing. However, EPS forecasts are still being revised upward, and if future financial reports exceed expectations, it could act as a strong catalyst. Should another wave of decline occur in US stocks, it is recommended to actively increase holdings.