Nvidia, Microsoft, Meta, Apple, Alphabet, and Amazon downgraded by UBS

UBS Chief Investment US Equity Strategist Jonathan Golub downgraded the "Big Six" tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT) - from Overweight to Neutral citing "difficult comps and cyclical forces weighing on these stocks." In addition, Golub claims that the monumental earnings that catapulted these companies are "collapsing."
Yahoo Finance Reporter Josh Schafer joins Market Domination to break down UBS' call on the majority of the Magnificent Seven tech leaders and what Golub forecasts for the tech sector in his note to investors.
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[@dg5211]

Trigger a sell. Get prices down, then they load up. 🤔

[@jasonmartinez9051]

Yep!

[@jonathanlaue3460]

Spot on 😂

[@wafflecat711]

Exactly! When they downgrade, it is time to buy!

[@jonathanlaue3460]

Pathetic. The fact that UBS has treated these completely different companies as a collective speaks volumes about their ignorance.

[@dennism7909]

3 weeks ago this would have been a good call but not now

[@realnapster1522]

Big 6 are not a sector. Each of them corners a different area of markers. Also tech is not something different anymore. Tech is all encompassing. And whole economy depends on these tech companies. You can call them new core companies.

[@lancelot-]

That's the way I like it: The moment Jonathan Golub from UBS claims a collapse of the "big six", most of them show a full rebound!😁

[@hzt6000]

It's really the Mag7 that are generating stella earnings, do not understand UBS view here. When the rates comes down, you will see even more stella earnings from these companies.

[@tomk5238]

The view is to trigger a sell keep it low so the whales can load up then as it goes up when they buy other people buy rich get richer.