Newsig · Seeking Alpha
Industrials now trade at higher forward P/E than technology: Goldman Sachs
Market context: XLI: Tracks industrials sector discussed in the valuation comparison Bullish on relative valuation argument; industrials rerating higher XLK: Tech sector being compared on relative valuation Neutral to slightly bearish on relative valuation; tech no longer the most expensive
Why it matters
XLI (Industrial Select Sector) · Why linked: Tracks industrials sector discussed in the valuation comparison Market context: Bullish on relative valuation argument; industrials rerating higher
XLK (Technology Select Sector) · Why linked: Tech sector being compared on relative valuation Market context: Neutral to slightly bearish on relative valuation; tech no longer the most expensive
Reaction tracking
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