A pedestrian outside the New York Stock Exchange in New York, July 29, 2020.
Wang Ying | Xinhua News Agency | Getty Images
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The furious rally for many tech stocks seemed to hit a wall last week, but Fundstrat’s Tom Lee says another group of stocks could be poised for a run of its own.
Lee said in a note to clients that the “epicenter stocks,” which are those hardest hit by the coronavirus pandemic, appear to be in the early stages of a run that should have more staying power this time.