Podcast: GS' Oppenheimer - Why Technology is not a bubble
Episode 100: Why Technology is Not a Bubble
“Exchanges at Goldman Sachs” Podcast – Is there a bubble in technology? Goldman Sachs Research’s Peter Oppenheimer doesn’t think so. Despite the recent stumb...
Peter Oppenheimer, Equity Strategist at Goldman Sachs shares his views on the Tech sector;
“The thing that’s really set apart [today’s] technology revolution as we’re seeing it expressed in the stock market since the financial crisis is that these companies have been very successful,” says Oppenheimer. “They’ve been very dominant in terms of returns, but they’ve also been extraordinarily successful in terms of their earnings power, and their valuations have not become that extreme.”