Hedge Funds Are Dumping Tech Stocks: Grab These 4 Safety Net High-Yield Dividend Giants Now
2 Articles
2 Articles
Hedge Funds Are Dumping Tech Stocks: Grab These 4 Safety Net High-Yield Dividend Giants Now
Hedge funds are rapidly reducing their exposure to global information technology stocks, with the latest selloff marking the fastest decline in six months. Most of the selling is reported to be in semiconductors and semiconductor capital equipment. Online data indicate that major hedge funds have cut their exposure to the information technology sector to a stunning 16.4%, the lowest level in over five years. The culprits responsible for the sale…
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