Deutsche Bank Says Buy Tech Stocks Again After Fifth V-Shaped Rebound in 30 Months

Deutsche Bank strategists are telling clients to go overweight on technology stocks, arguing that investor positioning has become too bearish relative to the sector's actual earnings growth. The call comes after tech shares have staged five sharp V-shaped rebounds over the past 30 months, a pattern that suggests another bounce may be underway. The bank points out that current positioning implies a much slower pace of profit expansion than tech companies are actually delivering, creating a favorable risk-reward setup for a sector that has suddenly fallen out of favor. With big names like Apple, Microsoft, and Nvidia dominating the space, the recommendation carries weight for global portfolios. The move reflects a contrarian bet that fear has overshot fundamentals. If history is any guide, the next leg higher could be swift.