Monday, November 23

Outperformance in these coronavirus ‘epicenter’ stocks could be for real, says Fundstrat’s Tom Lee


A pedestrian outside the New York Stock Exchange in New York, July 29, 2020.

Wang Ying | Xinhua News Agency | Getty Images

(This story is for CNBC Pro subscribers only). 

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.



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