Value stocks get a moment in the sun: 'Sell semis, buy ketchup'

CIBC’s Sid Mokhtari on how to navigate the volatility and why investors should be turning to value stocks

A Q&A with the bank’s chief market technician

Value stocks get a moment in the sun: 'Sell semis, buy ketchup'

Value has outperformed this year, as investors pivoted toward companies more exposed to the real economy.

Tech’s Wild Ride: Semis Sink, Software Rallies, and Nerves Fray | The Capital SpectatorThe Brinsmere Funds Ad

The rout in semiconductor stocks is rattling nerves on Wall Street, but it’s premature to label this as something more than a correction after a white-hot rally that arguably lifted chip stocks too high too fast. The decline in semis is taking a toll on tech sentiment generally, but there are some notable pockets of strength, including the recent rally in formerly battered software shares. Reviewing the tech sector’s performance since the start …