Tech stocks are ‘unkillable,’ says Fundstrat's Tom Lee

Tom Lee, Fundstrat Global Advisors Managing Partner & Head of Research, joins Yahoo Finance’s Zack Guzman to break down his outlook on the market after better-than-expected weekly jobless claims data.
This segment first aired on August 6, 2020.
#Techstocks #TomLee stockmarket

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[antonystringfellow]

CCL was in a long decline well before the pandemic. Cruise companies that were actually growing are RCL and NCLH.
Better growth prospects than Delta can be found with Southwest Airlines (LUV).

Whereas Delta caters for a lot of business travellers, which are likely to be travelling less after the pandemic (using vid conferencing to save on expenses), LUV caters more for tourism - likely to soar once we have a vaccine.

[GasMart]

What is the type of car is Tom Lee speaking?

[PreppingWithSarge]

Apple, Microsoft been loading up. Even if they have a bubble dip, they are great long term holds

[HKconqueror]

Lordstown Motors is the best EV stock out there.

[Kn]

OMG Lee is such a "swag machine" it hurts. By the way, unkillable is the same as resilient, however, resilient means "to survive" not "to thrive". The "big tech" can take you so much before infinite monetary stimulus becomes a reverse gear.

[George_Beth]

"Tech is a bond proxy?" I don't understand this. What does he mean?

[alexgold]

I find it fascinating that every citizen that becomes poor because they buy the newest tech even today when you should be buying groceries to eat and survive.😆

[christopherdennis]

What kind of villianous vehicle is Tom in?