• Goldman's global stock chief says tech investors should expand beyond the usual mega-cap favorites and focus on these 3 specific areas

    7 days ago - By Business Insider

    Brendan McDermid/Reuters
    Peter Oppenheimer - the chief global equity strategist at Goldman Sachs - said in a Bloomberg interview that investors should diversify out of popular mega-cap tech names and consider three new areas within the sector: medical tech, educational tech, and environmental tech. He said that the new bull market we're in right now will be driven by large tech firms, similar to the prior instance, as digital revolution disrupts the nature of many "traditional businesses." Oppenheimer also said the traditional 60/40 portfolio is likely to generate "very low return." Visit...
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