CHART OF THE DAY: If You Hate America, You Should Invest In Tech Stocks

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Bank of America/Merrill Lynch is out with a big, bullish report on tech stocks today.

It argues that many of the big premier names are straight-up cheap based on PE and growth.

Here’s another reason they like tech. Of all the S&P sectors, it’s the least exposed to the US economy. So if you hate the American economy, buy tech!

And click here to see BAML’s favourite stocks >

chart of the day, s&p 500 foreign sales by sector, feb 2011

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