According to a UBS, 2024 EPS growth expectations for the largest six tech stocks are for 26.3%, compared to 6.1% for the rest of the S&P 500 (SP500).

The tech sector is expected – as of last Friday, July 19 ’24 – to grow EPS +18.8% for full-year ’24, while Q2 ’24 expected tech sector EPS growth is currently expected at +17.2%, up from ...

As investor optimism continues to grow toward tech stocks seeking out companies that are reconfirming anticipated growth is important as inflationary concerns begin to ease.