Goldman Sachs say equity sell off made valuations for technology stocks historically cheap

<p>A note via Goldman Sachs on Monday ahead of the NASDAQ rally:</p><p><a href="https://www.forexlive.com/news/us-equities-hang-on-for-a-gain-as-the-nasdaq-leads-the-way-20231002/" target="_blank" rel="follow" data-article-link="true">US equities hang on for a gain as the Nasdaq leads the way</a></p><p>GS says:</p><ul><li>the selloff led to historically cheap valuations for technology stocks at a time when earnings estimates are still rising</li><li>and that this is an indication that shares can resume the bullish run they staged earlier this year</li></ul><p>—</p><p>I know, I shoulda told y'all this a good few hours ago. </p>

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