NEW YORK (TheStreet) --While last week's "Trump Rally" in the markets drove industrial and financial stocks higher, several large-cap tech stocks failed to participate. In the last five trading sessions alone shares of both Amazon.com (AMZN) and Facebook (FB) are lower by around 5%.
"I think it comes down to Donald Trump's stance on net neutrality," Chantico Global founder and CEO Gina Sanchez said on CNBC's "Power Lunch" this afternoon.
During his campaign President-elect Trump spoke out against net neutrality. "That would be very difficult for companies like Amazon and Netflix (NFLX) who require bandwidth to deliver their services," she noted.
However, Miller Tabak managing director Matt Maley believes it is only a matter of time before these stocks rebound.
"I think that these stocks, which have had great runs, have been a source of cash to put into some of the other areas people are seeing to be bullish under a Trump administration," he noted.
Once that "flushes out" these stocks could get a "big" bounce, especially when investors consider the increasing expansion of these companies' cloud computing businesses, Maley added.
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(Amazon.com is held in the Growth Seeker portfolio. See all of the holdings with a free trial).