Investors are awaiting Microsoft, Google-owner Alphabet and Meta Platforms earnings this week, which will show whether their stocks justify sky-high valuations.
If one looks at the undervalued pockets, at least the sectors which are fundamentally good over the long term, but have underperformed in the near
So, clearly you are seeing sectors like say real estate, utilities and industrials where the sectoral growth has been faster than the earnings growth, so
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