Out Fox The $treet

As the Federal Reserve hints at tapering its bond buying program over the next year, cyclical stocks, including technology, should become interesting buys. Tech stocks have underperformed the market rally over the last year as investors have piled into high-yielding stocks to counter low bond yields. Now that money should flood out of those stocks and bonds into growth stocks. The main reason the Fed would stop bond buying would more » Disclosure: Long AAPL. Please review the disclaimer page for more details. 

As the Federal Reserve hints at tapering the bond buying program over the next year, cyclical stocks including technology should become interesting buys. Tech stocks have underperformed the market rally over the last year as investors have piled into high yielding stocks as bond yields hit extremely low levels. Now that money should flood out of those stocks and bonds into growth stocks. The main reason the Fed would stop more » Disclosure: Long INVN and MM. Please review the disclaimer page for more details.