HomeLifestyleRetailMETA, AMZN: Big Tech Stocks Will Be New Value Stocks In A Slowdown

META, AMZN: Big Tech Stocks Will Be New Value Stocks In A Slowdown

Disinflation trends will continue, this is not a one off, notes Jeffrey Small. He discusses how the latest inflation prints impact the Fed. He talks about how rate hikes are off the table for the Fed. He mentions that bonds and fixed income will continue to get beat up until the Fed says they’re done raising rates. He forecasts a potential recession. He goes over how big tech stocks will become the new value stocks in a slowdown. His Meta Platforms (META) 12-month price target is $400, and his Amazon (AMZN) 12-month price target is $175. He then looks at why mega caps are the new value stocks. Tune in to find out more about the stock market today.

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16 Oct 2023

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