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UBS Not Chasing Magnificent Seven, Baweja Says

Posted

March 15, 2024

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UBS Chief Strategist Bhanu Baweja says he isn't chasing further gains in technology stocks, but that equities aren't in "bubble" territory despite the record-setting surge in the sector’s so-called Magnificent Seven. "We are reducing our enthusiasm in the US on tech," Baweja says on Bloomberg Television.

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UBS Not Chasing Magnificent Seven, Baweja Says · Bloomberg Television · Sentinel