KING

Despite What This "King" Says, Trump's Plan Will Inflate These Tech Plays

The market has had a blistering run since Nov. 8 – with the Dow Jones Industrial Average up 9% – but plenty of the "experts" on Wall Street are pessimistic about Donald Trump's effect on tech stocks.

These folks believe that Trump's tough trade stance will hurt tech because the big global players manufacture many of their products overseas.

"I would avoid [big tech stocks] in a big way," DoubleLine Capital CEO Jeffrey Gundlach said a week after the election. "The basic fundamental underpinnings of [big tech stocks] disappeared one week ago today."

Read More…