Barclays analysts report that US tech stocks are currently trading at significant premium

<p>Barclays analysts say that US tech stocks are now trading at nearly a 25% premium. </p><p>Main points from the note:</p><ul><li>November’s historically strong start led to substantial multiple expansion in tech</li><li>This has left the sector group trading at an even higher premium to long-term median P/E than it was at the end of 3Q</li><li>Large tech names are among the few seeing EPS estimates move up</li><li>While their share prices are increasing even faster.</li><li>tech sector as a whole is now trading at the 95th percentile of its 10-year range</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.