IT Stocks Plunge to Multi-Year Lows: A Trap for Investors or a Buying Opportunity?
IT stocks are trading at multi-year lows, offering bank FD-like dividend yields, but is it a trap for investors or a buying opportunity? The sector’s current malaise goes beyond a typical macroeconomic slowdown, with a unique convergence of technology and business cycle headwinds from GenAI-led deflation and geopolitics.