The value trade is running 'way too far and way too fast' for this stage of the reopening, PNC strategist says

She believes the rotation into economically sensitive market groups from stay-at-home plays is overdone.

"The value side of the equation — that 'go outside' trade — has really moved way too far and way too fast for where we are at this stage of the reopening," the firm's managing director and chief investment strategist told CNBC's "Agati finds the move into value stocks first gained momentum in November due to optimism surrounding the efficacy of"We've seen this massive sentiment shift," Agati said.

Within the U.S. stock market, she'd rather be in 2020's winners: The stay-at-home growth stocks, which includes big tech. "They just continue to put up really impressive results from an earnings growth perspective and just general profitability and underlying fundamentals," she added. "Although we've seen valuations rally pretty significantly there, I think the longer term view from our perspective is that we will continue to be very much in a growth-starved and yield-starved world. And so, what wins in that environment? Many of the components of the stay-at-home trade.

TradingNation CNBC is trying to hold the markets down

TradingNation I believe Zoom's earnings and guidance just made her point!

TradingNation 'We're basically looking at the next three months relative to record no activity – not just record low, but record no activity as a function of the lockdowns' 3 months? Wrong. Cases will fall exponentially with increasing vaccine supply. We are sick of being locked down.

TradingNation good

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