TTAC Underweight Big Tech as it Follows the Free Cash Flow
January 18, 2023 at 13:55 PM EST
Big tech had a rough 2022. While the S&P 500 ended the year down 20%, the tech-heavy Nasdaq Composite dropped 34%, while tech giants like Microsoft, Google parent Alphabet, and Amazon saw their stock prices fall 28%, 39%, and 51% for the year, respectively. In a webinar hosted by FCF Advisors, the investment manager called [...] The post TTAC Underweight Big Tech as it Follows the Free Cash Flow appeared first on ETF Trends .