These global tech stocks have beaten the S&P 500 this year — and analysts give them over 20% upside

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These global tech stocks have beaten the S&P 500 this year — and analysts give them over 20% upside
Exchange-Traded FundsChinaAmazon.Com Inc
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CNBC Pro screened FactSet for stocks from four exchange-traded funds. Here are eight that turned up on the screen.

U.S. stocks have been rather volatile in the past month, but in the past week they had a strong run on hopes of rate cuts. The Dow Jones Industrial Average had its fourth consecutive winning session on Monday, and the S & P 500 also climbed for the past four days. Tech stocks, which would be boosted by rate cuts, have been a big part of that rally — with Meta , Alphabet and Amazon in particular having a strong showing over the past couple of weeks.

Elsewhere, analysts are getting more optimistic on China stocks, especially those in the tech sector. China has rebounded from a lengthy slump and Bernstein believes the rebound has further to go — largely through its growth stocks. "We are positive on chasing momentum stocks across the region including within the tech sector," it said in a May 3 note.

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