Tech stocks have made big V-shaped rebounds five times in 30 months — and now Deutsche Bank forecasts another bounce

What happened: Deutsche Bank forecasts another bounce for tech stocks and says it is time to go overweight again, citing a risk-reward profile that favors a sector suddenly out of fashion. Why it matters: The bank argues investor positioning in tech is consistent with much slower earnings growth than the sector is achieving, suggesting sentiment has run behind fundamentals. Key numbers: Tech stocks have made big V-shaped rebounds five times in 30 months.

Deutsche Bank forecasts another bounce for tech stocks and says it is time to go overweight again, citing a risk-reward profile that favors a sector suddenly out of fashion.

The bank argues investor positioning in tech is consistent with much slower earnings growth than the sector is achieving, suggesting sentiment has run behind fundamentals. Key numbers: Tech stocks have made big V-shaped rebounds five times in 30 months.