News From Press Fantastic growth opportunity in IT for next two years; time to buy metals is over: S Naren

Fantastic growth opportunity in IT for next two years; time to buy metals is over: S Naren

Source: ET Oct 22, 2021

IT values are too high for comfort of value investors but growth investors are enjoying the sector now, says S Naren, CIO, ICICI Prudential AMC

The biggest outperforming sector in this bull market in a sense has been IT. IT stocks are trading at record highs, PE multiples are also at record high. Do you think IT stocks are now fully priced in?

To a value contrarian investor like me, they are fully priced in, particularly...

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