Hedge Funds Are Fleeing Tech: 7 Stocks They're Buying Instead

It doesn’t seem like it based on the mercurial valuations of certain innovators but a rotation away from technology could open doors for stocks hedge funds are buying. Basically, it may be time to consider following the money.According to a Reuters report, investors dumped tech stocks at the fastest rate on record. Not only that, they poured money into investment-grade bonds and cash equivalents earlier this month. That’s coming from Bank of America, which cited data from EPFR, which provides fund flows and ...